In light of large supplies of sugar on the U.S. market, USDA announced that it will take the following actions under the waiver authority of the Refined Sugar Re-Export Program:

USDA will temporarily permit licensed refiners to transfer program sugar from their license to another licensed refiners license through Sept. 30, 2013.

USDA will temporarily increase the license limit for raw cane sugar refiners from 50,000 metric tons raw value of credits to 100,000 metric tons raw value of credits, through Dec. 31, 2014. Beginning Jan. 1, 2015, the credit limit will revert to 50,000 metric tons raw value. No change is being made to the 50,000 metric ton raw value limit for debits on the licenses.

Further details are in a public notice that went on display at the Office of the Federal Register and will publish in the May 1, 2013 edition, which will be available at:

Federal law requires USDA to operate the sugar program, to the extent possible, at no cost to the government. USDA actions are intended to facilitate a re-balancing of Re-Export Program licenses and provide greater flexibility for licensees to balance program sugar imports, exports and transfers. These actions are authorized under the waiver authority for the Refined Sugar Re-Export Program regulation (7 CFR 1530.113).

USDA will continue to monitor the U.S. sugar market and may take further actions if necessary.


More from Western Farm Press

Supreme Court stuffs seed patents back in Pandora’s box

Photos: Ageless veterans soar once again

Agricultural pioneers battling water scarcity

Wine skeptic takes on climate change report

Honey bee decline all about colony stress

7 big questions for the farm bill debate

Amazing day in short life of worker bee

Dirty Dozen list loses its punch