Loan Rates for Refined Beet Sugar

Published in the November 2012 Issue Published online: Nov 06, 2012
Viewed 93 time(s)

The refined beet sugar processing regions and applicable 2012-crop loan rates in cents per pound of refined beet sugar are:

 Michigan and Ohio - 25.57

 Minnesota and the eastern half of North Dakota - 23.93

 Northeastern quarter of Colorado, Nebraska and the southeastern quarter of Wyoming - 24.44

 Montana, northwestern quarter of Wyoming and the western half of North Dakota - 24.01

 Idaho, Oregon and Washington - 23.30

 California - 24.84

Sugarbeet processors who receive CCC loans for the 2012 crop are required to make minimum grower payments for all sugarbeets received from growers. Processors failing to meet the required minimum grower payment will be ineligible for loans. Sugarbeet grower minimum payments are the amount specified in the grower/processor contract.  

For more information, contact your local USDA Service Center or Barbara Fecso at (202)720-4146, barbara.fecso@usda.gov.