date:Nov 18, 2013
was due to a severe reduction in sugar prices in FY 2013. This was caused by the U.S./Mexican sugar supply far exceeding demand in our common sugar market, the U.S.D.A. said.
Under the 2008 farm bill, the C.C.C. is prohibited from selling forfeited sugar for domestic human consumption unless there is an emergency shortage.
C.C.C. is increasing the minimum F.F.P. bid to 50,000 short tons (100 million lbs) to provide the opportunity for commercial-scale sugar use in bio-energy production, the d