USA: USDA seeks to boost US sugar supply
The US Department of Agriculture has said that it is to sell remaining government sugar supplies and increase marketing allotments in order to boost the domestic sugar supply. The USDA said it would immediately offer around 185,000 short tons of federal sugar supplies up for sale. Jack Roney of the American Sugar Alliance told Reuters that the USDA's actions would have minimal market impact because they had been expected. He also said that the government could make a big profit from the sale.
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