USDA Announces No Actions under Feedstock Flexibility Program

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USDA Announces No Actions under Feedstock Flexibility Program
08/31/2017 03:00 PM EDT

WASHINGTON, Aug. 31, 2017 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced today that it does not expect to purchase sugar under the Feedstock Flexibility Program for fiscal year (FY) 2018. The CCC is required by law to announce quarterly estimates of sugar to be purchased for the Feedstock Flexibility Program based on crop and consumption forecasts.