USA: Senate passes Farm Bill; applauded in sugar, fruit and vegetable sectors
Senate passage of a Farm Bill that provides provisions for operating US sugar policy at no cost to the taxpayer, and around US$1bn funding for the fruit and vegetable industry, drew applause from US sugar farmers and fruit and vegetable growers. Sugar The American Sugar Alliance (ASA) revealed that sugar policy has been operated at a cost to the taxpayer during the 1980s and most of the 1990s. These latest provisions however reinstate the Secretary of Agriculture's ability to balance sugar supply with demand during times of surplus, thus avoiding forfeitures on Commodity Credit Corporation-backed loans that could result in government costs.
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