USDA Does Not Plan Action Under FFP Yet
Ag Secretary Tom Vilsack has announced USDA doesn't expect to take any actions under the Feedstock Flexibility Program in the first calendar quarter of 2014. USDA's December 2013 WASDE report projects a Fiscal Year 2014 ending sugar stocks level unlikely to lead to forfeitures under the CCC sugar loan program. If forfeitures are expected - USDA can activate the FFP. USDA will reconsider FFP action before April 1st.
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