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News Releases

Printable Version
Release 0212.13

 

 
Contact: Kent Politsch
Telephone (202) 720-7163

 
USDA Announces No Actions in early 2014 under the Feedstock Flexibility Program

 

 
WASHINGTON, Dec. 31, 2014 – Agriculture Secretary Tom Vilsack announced today that USDA does not expect to take any actions under the Feedstock Flexibility Program (FFP) in the first calendar quarter of 2014. This announcement is required quarterly by the 2008 Farm Bill and determined based on crop and consumption forecasts.

 
The December 2013 World Agricultural Supply and Demand Estimates report (http://www.usda.gov/oce/commodity/wasde/latest.pdf) projects a level of U.S. FY 2014 ending sugar stocks that is unlikely to lead to forfeitures under the CCC sugar loan program. USDA may activate the FFP if sugar loan program forfeitures are expected. USDA closely monitors U.S. sugar stocks, consumption, imports and other sugar market variables. The department will reconsider action under the FFP prior to April 1, 2014.

 
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).

 

 

 

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