USDA Announces No Actions under Feedstock Flexibility Program

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06/30/2017 02:06 PM EDT

WASHINGTON, June 30, 2017 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation announced today that it does not expect to purchase sugar under the Feedstock Flexibility Program in the third quarter of 2017. The Commodity Credit Corporation is required by law to announce quarterly estimates of sugar to be purchased for the Feedstock Flexibility Program based on crop and consumption forecasts.