USDA Announces No Actions under Feedstock Flexibility Program

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12/28/2017 04:00 PM EST

WASHINGTON, Dec. 28, 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.