date:Jul 16, 2013
red to act to stabilize the domestic market.
To meet that objective, USDA intends to purchase sugar from domestic sugarcane and sugar beet processors and subsequently conduct voluntary exchanges for credits under the Refined Sugar Re-export Program. The exchanging of sugar for credits will reduce sugar imports into the United States, and reduce the sugar surplus.
Not less than 2.5 tons of import credits will be exchanged per 1 ton of sugar, resulting in a net reduction of 1.5 tons of sugar in