WASHINGTON, June 30, 2006—The U.S. Department of Agriculture’s Foreign Agricultural Service today announced the suspension of a July 1, 2006, deadline for the entry of raw sugar imports into the United States.
In February 2006, USDA announced an increase in the FY 2006 Overall Allotment Quantity in response to a continuing tight sugar market resulting largely from bad weather that greatly reduced domestic supplies. At the same time, USDA increased allowable sugar imports by 500,000 short tons, raw value (STRV), because domestic supplies were unable to fill market demand. Half of the allowable import increase, 250,000 STRV, was allocated to raw sugar. To ensure timely availability of those imports, the additional quantity of raw sugar was to enter the United States by July 1, 2006. Due to changed market conditions, this deadline is now suspended, and those quantities may enter until September 30, 2006.
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