USDA Announces No Actions under Feedstock Flexibility Program

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USDA Announces No Actions under Feedstock Flexibility Program
08/31/2018 02:04 PM EDT

WASHINGTON, August 31, 2018 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced today that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2018 (fiscal year 2019). The CCC is required by law to quarterly announce estimates of sugar to be purchased and sold under the Feedstock Flexibility Program based on crop and consumption forecasts.