No purchases of sugar under the Feedstock Flexibility Program (FFP)
are expected for Fiscal 2018, according to the USDA Commodity Credit
Corporation (CCC), based on current crop and consumption forecasts. CCC
is required to make the determination each quarter. FFP is aimed at
avoiding forfeitures of sugar placed under loan and USDA's current
forecasts are that ending stocks are unlikely to lead to any
forfeitures. The next quarterly estimate on FFP will occur on or before
April 1, 2018.
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