Commodity Credit Corporation, USDA.
This notice is to announce that the Commodity Credit Corporation (CCC) has reassigned the unused 2002-crop (Fiscal Year 2003) allocations among cane and beet sugar processors. This announcement lists the final revised 2002-crop sugar marketing allotments and allocations. This reassignment is effective September 26, 2003, and applies to all domestic cane and beet sugar marketed for human consumption in the United States from October 1, 2002, through September 30, 2003.
Barbara Fecso, Dairy and Sweeteners Analysis Group, Economic Policy and Analysis Staff, Farm Service Agency, USDA, 1400 Independence Avenue, SW., STOP 0516, Washington, DC 20250-0516; telephone (202) 720-4146; FAX (202) 690-1480; e-mail: email@example.comStart Further Info
FOR FURTHER INFORMATION CONTACT:
Barbara Fecso at (202) 720-4146.End Further Info End Preamble Start Supplemental Information
Section 359e(a) of the Agricultural Adjustment Act of 1938, as amended by the Farm Security and Rural Investment Act of 2002, requires a periodic review to determine (in view of current sugar inventories, estimated sugar production, expected marketings and other pertinent factors) whether (1) any sugarcane processor will be unable to market the sugar covered by the portion of the State cane sugar allotment allocated to the processor; and (2) any sugar beet processor will be unable to market its allocation. Section 359e(b)(1)(B) further provides for the reassignment of the estimated quantity of a State deficit proportionately to the allotments for other cane sugar States (depending on each State's capacity to market) when a State does not have the capacity to fulfill its allotment among its own processors.
In September 2003, sugarcane and sugar beet processors submitted revisions of their 2002-crop production and ending stocks estimates to CCC for the purpose of calculating a final reassignment. The allotments/allocations were calculated for the cane and beet sectors as follows:
- First, 14,878 short tons, raw value (STRV) of allocation were taken from Louisiana processors with surplus allocation and reassigned to processors with surplus supply within Louisiana (attached table, column C). This amount was insufficient to cover Louisiana's overall shortfall.
- Then, the excess allotment of 11,100 STRV for Hawaii was redistributed to the remaining cane states (attached table, column D).
- Using August survey data for the current year, it was determined that three beet sugar processors had 2002-crop allocation that would not be used while three processors showed an allocation shortfall. The surplus allocation of 8,679 STRV from the first three was surrendered and reassigned to other three (attached table, column D).
Two organizational changes are recognized in this Federal Register announcement:
1. The merger of M.A. Patout & Sons, Raceland Sugars and Sterling Sugars into M.A. Patout & Sons—a Louisiana cane processor with a single allocation.
2. The September 8, 2003, sale of all assets of the Pacific Northwest Sugar Company (PNS) to the American Crystal Sugar Company (ACS). In accordance with section 359d (b)(2)(F) of the Agriculture Adjustment Act of 1938, as amended, CCC permanently transferred the beet sugar allocation of PNS to ACS.
The final revised 2002-crop sugar marketing allotments and allocations are listed in the following table:
|B Last allotment/ allocation||C New—cane reassignments within States||D New— reassignments across all processors by sector||E New allotment/ allocation|
|(short tons, raw value)|
|Overall Beet/Cane Allotments:|
|Cane Sugar (includes P. Rico)||3,954,660||0||0||3,954,660|
|Beet Reassignment to CCC||174,000||174,000|
|Allotment Available to Beet||4,534,341||4,534,341|
|Allotment Available to Cane||3,954,660||3,954,660|
|Beet Processors' Marketing Allocations:|
|Amalgamated Sugar Co.||976,021||0||976,021|
|Start Printed Page 59579|
|American Crystal Sugar Co.||1,654,335||7,411||1,661,746|
|Holly Sugar Corp.||299,100||0||299,100|
|Michigan Sugar Co.||340,509||0||340,509|
|Minn-Dak Farmers Co-op.||305,067||36||305,103|
|Monitor Sugar Co.||174,268||−1,554||172,714|
|So. Minn Beet Sugar Co-op.||300,785||1,232||302,018|
|Western Sugar Co.||446,772||−4,853||441,919|
|Wyoming Sugar Co.||37,483||−2,272||35,211|
|Total Beet Sugar||4,534,341||0||4,534,341|
|State Cane Sugar Allotments:|
|Total Cane Sugar||3,954,660||0||3,954,660|
|Cane Processors' Marketing Allocations:|
|Atlantic Sugar Assoc.||163,777||0||163,777|
|Growers Co-op. of FL||389,088||1,219||390,307|
|Osceola Farms Co.||268,661||1,414||270,076|
|U.S. Sugar Corp.||834,536||0||834,536|
|Caire & Graugnard||6,091||474||139||6,704|
|Cajun Sugar Co-op.||106,711||0||0||106,711|
|Cora-Texas Mfg. Co.||121,906||1,799||528||124,232|
|Harry Laws & Co.||61,992||2,330||684||65,006|
|Iberia Sugar Co-op.||64,543||−3,087||0||61,456|
|Jeanerette Sugar Co.||63,626||0||0||63,626|
|Lafourche Sugars Corp.||64,470||0||0||64,470|
|Louisiana Sugarcane Co-op.||81,471||740||217||82,429|
|Lula Westfield, LLC||147,840||4,688||1,376||153,904|
|M.A. Patout & Sons||387,454||−2,060||0||385,394|
|St. Mary Sugar Co-op.||89,485||−3,600||0||85,885|
|So. Louisiana Sugars Co-op.||108,366||−6,131||0||102,235|
|Rio Grande Valley||178,326||534||178,860|
|Gay & Robinson, Inc.||64,298||−3,600||60,698|
|Hawaiian Commercial & Sugar Company||226,486||−7,500||218,986|
Signed in Washington, DC on October 3, 2003.
James R. Little,
Executive Vice President, Commodity Credit Corporation.
[FR Doc. 03-26175 Filed 10-15-03; 8:45 am]
BILLING CODE 3410-05-U