USDA Announces No Actions under Feedstock Flexibility Program

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03/31/2017 03:00 PM EDT

WASHINGTON, March 31, 2017 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation announced today that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program in the second quarter of 2017. The Commodity Credit Corporation is required by law to announce quarterly estimates of the amount of sugar available for purchase and sale under the Feedstock Flexibility Program based on crop and consumption forecasts.