Dear Mr. Secretary:
On behalf of the Sweetener Users Association (SUA), I write to respectfully but urgently request that you take action to increase domestic sugar supplies, which remain inadequate in a market characterized by unreasonably high prices, despite some recent policy actions by the Department of Agriculture. While welcome, these actions fell short of the quantities needed to supply the market.
The September World Agricultural Supply and Demand Estimates forecast stocks at the end of this month at only 13.2 percent of total usage, well below even the lower bound of USDA’s traditional target range. This fact alone would justify an increase in supplies.
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