Based on crop and consumption forecasts, no sugar purchases or sales are expected under the Feedstock Flexibility Program for crop year 2020. When faced with the likelihood of loan forfeitures, USDA is required to purchase surplus sugar under this program and sell it to bioenergy producers to support sugar prices. Federal law allows sugar processors to obtain loans from USDA when sugarcane or sugarbeet harvest begins. The Feedstock Flexibility Program was reauthorized by Congress in the 2018 Farm Bill as an option to avoid sugar forfeitures.
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