date:Jan 28, 2013
rt to U.S. securities regulators. Despite declining prices due to the sugar glut, Crystal Sugar still anticipates that net proceeds for its 2013 fiscal year -- which is based on its 2012 crop -- will be about 37 percent higher than in the previous fiscal year.
The government still restricts imports to support farmers and offers loans that guarantee a minimum price of 20.9 cents for unrefined sugar. If it drops below that level, processors who get the credits can repay their debt by selling the