REVISED SUGAR POLICY FOR CY 1993-1994
WHEREAS, current domestic sugar consumption figures indicate an upward trend for the crop year 1993-1994;
WHEREAS, in view of the foregoing factors and in the national interest, there is a need to increase the reserve sugar stock;
NOW, THEREFORE, under and by virtue of the powers vested in the Sugar Regulatory Administration, it is hereby ordered:
SECTION 1. The percentage allocations for the various classes of sugar under Section 1 of Sugar order No. 1, Series of 1993-1994, dated August 25, 1993, are hereby revised.
All sugar production for the Crop Year 1993-1994 beginning on January 17, 1994 shall be issued weekly quedan-permits by mill companies in the following classifications and percentages:
βAβ or US Quota sugar – 5.00% βBβ or Domestic sugar – 45.00% βCβ or Reserve sugar – 32.00% βDβ or World Market sugar – 18.00%
SECTION 2. All other provisions of the aforesaid Sugar Order No. 1, Series of 1993-1994, shall remain in full force and effect.
Adopted: 18 Jan. 1994
BY AUTHORITY OF THE SUGAR BOARD:
Administrator