date:Sep 23, 2013
this summer.
A total of 77,451 tonnes (85,375 tons) of sugar had been forfeited as collateral for government loans at the end of August. The U.S.D.A. also extended its offer to exchange the remaining 26,003 tonnes (28,663 tons) of forfeited sugar for refined sugar re-export credits on Sept. 19.
The U.S.D.A. on Sept. 18 announced its second Feedstock Flexibility Program tender with quantity offers due Sept. 20.
About 600,000 tons of sugar are pledged as collateral for government loans that