USDA Fiscal Year 2022 Sugar Program Actions

Contact:
FPAC.BC.Press@usda.gov

WASHINGTON, June 7, 2022 – The U.S. Department of Agriculture (USDA) is announcing various actions affecting beet and cane processor allocations and supplies of raw cane sugar in the U.S. market. The actions include: (1) transferring allocations among beet processors and (2) reassigning cane processor allocations to raw cane imports already anticipated.

1. Transferring beet processor allocations: In accordance with section 359e of the Agricultural Adjustment Act of 1938, as amended, after evaluating each sugar beet processor’s ability to market its full allocation, USDA is transferring allocations from beet processors with surplus allocations to those in need of additional allocations, as shown in the table below. USDA is not reassigning any fiscal year (FY) 2022 beet allocations to raw cane sugar imports at this time given the uncertainty about how much beet sugar will be produced from new crop sugar beets in the final two months (August-September) of FY 2022.
2. Reassigning cane processor allocations to raw cane imports already anticipated: In accordance with section 359e of the Agricultural Adjustment Act of 1938, as amended, USDA is reassigning 600,000 short tons, raw value of this deficit to raw cane sugar imports already anticipated under the FY 2022 tariff rate quota for raw cane sugar, given the absence of any Commodity Credit Corporation stocks of sugar.

These actions will enable all domestic sugarcane and beet sugar processors to market all of their FY 2022 sugar supply.

USDA will closely monitor stocks, consumption, imports and all sugar market and program variables on an ongoing basis and may make further program adjustments during FY 2022 if needed.

The reassignment of deficits and other information was published in a June 7, 2022, Federal Register notice.

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