Board Meeting / Conference Call Info April 2020
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Analysis of April 2020 WASDE
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The Hagstrom Report: Sugar growers ‘surprised’ at sugar import size, users see need for more
The American Sugar Alliance, which represents beet and cane growers, and the Sweetener Users Association, which represents candy companies and other industrial users of sugar, had remarkably different reactions to the Agriculture Department’s announcement Wednesday that it had raised the tariff rate import quotas on raw and refined sugar to address the shortage of sugar caused by a poor beet harvest in the Midwest and a poor cane harvest in Louisiana due to severe weather problems. …
Agri-Pulse: US bakers celebrate more sugar as coronavirus spurs consumer demand
The USDA’s decision to open the tightly-controlled U.S. sugar market to more foreign sugar comes as a relief for bakers and food manufacturers as consumer demand for their products spikes in grocery stores across the country during the coronavirus pandemic. On Friday, USDA will officially publish in the Federal Register its decision to nearly double its 2020 tariff rate quota for refined sugar by allowing in an additional 181,437 metric tons of imports. The TRQ for raw sugar is being raised by 317,515 metric tons. …
USDA Announces Reassignments of Fiscal Year 2020 Domestic Marketing Allocations and Increases to Fiscal Year 2020 Raw and Refined Sugar Tariff-Rate Quotas
WASHINGTON, April 1, 2020 – The U.S. Department of Agriculture (USDA) today announced several actions regarding sugar
Forbes: Grocery Prices Are Soaring. Here’s Why, And How Long It Will Last
As Americans stock up on groceries during the coronavirus outbreak, wholesale and commodity prices of common staples like wheat and flour, rice, eggs and orange juice have skyrocketed; the uptick in demand is putting pressure on American supply chains and squeezing margins at grocery stores. …
SUA Applauds House for Urging USDA to Act Immediately on Continued Concerns About Sugar Availability
Says Challenges Presented by COVID-19 Make It ‘Ever More Critical’ That We Maintain National Food Security Washington, D.C. (March 31, 2020) – The Sweetener Users Association (SUA) today issued the following statement praising a congressional letter to the U.S. Department of Agriculture (USDA) requesting further action to ensure that enough sugar is available for American food and beverage manufacturers …
USDA Prospective Plantings Report – Sugar Beets
Following is Ron Sterk’s update on USDA’s prospective plantings report for sugar beets with a sugar beet planted area chart.