USDA Waives Provisions in Refined Sugar Re-export Program
Effective May 1, the Department of Agriculture is waiving certain provisions in the Refined Sugar Re-Export Program to facilitate a rebalancing of license amounts and provide greater flexibility to offset exports and transfers with raw sugar imports. Under this program refiners may enter raw sugar unrestricted by the raw sugar tariff-rate quota or the requirements for certificates of quota eligibility as long as licensees (a) export an equivalent quantity of refined sugar, either as refined sugar or as an ingredient in sugar-containing products, or (b) use the refined sugar in the production of polyhydric alcohols. Because of current sugar market conditions, USDA is implementing the following two waivers.
- Through Sept. 30 USDA will permit licensed refiners to transfer program sugar from their license to another licensed refiner’s license.
- Through Dec. 31, 2014, USDA is increasing the license limit for raw cane sugar refiners from 50,000 to 100,000 metric tons raw value of credits.