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Article: CCC releases sugar marketing allotment and loan rates.(WASHINGTON)(Commodity Credit Corporation)
- Article from:
- The Food Institute Report
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 The Food Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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USDA's Commodity Credit Corporation (CCC) announced the initial fiscal year (FY) 2010 allocation of the overall sugar marketing allotment (OAQ) among domestic sugar beet and sugarcane processors. CCC distributed the FY 2010 beet sugar allotment of 5,019,358 short tons/raw value (STRV), 54.35% of the OAQ, among the sugar beet processors and the cane sugar allotment of 4,215,892 STRV, 45.65% of the OAQ, among the sugarcane processors.
In addition, CCC announced several structural changes in the allocation to certain sugarcane processors. CCC combined the Louisiana cane sugar allocations of ALMA PLANTATION, LLC, CAJUN SUGAR COOPERATIVE, INC., CORA-TEXAS MFG. CO. ...