Sugar Policy Issues Page: 2 of 19
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CONTENTS
SUMMARY
MOST RECENT DEVELOPMENTS
BACKGROUND AND ANALYSIS
Brief History of the Sugar Program
Sugar Policy in the 1996-2001 Period
Background
Recourse and Non-Recourse Loans
Loan Forfeiture Penalty
Policy Overview
Price Support
Loan Rates
Effective Price Support Levels
Import Quotas
Program Costs and Receipts
Sugar Industry, Market, and Program Developments
Structural Changes
Low Sugar Prices and USDA's Responses
Sugar Trade Issues
Mexico's Tax & Trade Policies on Corn Syrup Imports from the U.S.
Mexico's Access to the U.S. Sugar Market
Circumvention of Sugar Import Quotas
Sugar Program in the 2002 Farm Bill
Overview
New Sugar Program's Provisions
Background on New Program
Farm Bill Debate on Sugar Program
LEGISLATIONFOR RELATED INFORMATION, PLEASE SEE THE FOLLOWING CRS PRODUCT:
CRS Electronic Briefing Book on Agriculture Policy and the Farm Bill, Sugar Program
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Jurenas, Remy. Sugar Policy Issues, report, September 16, 2002; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metacrs2095/m1/2/?q=IB95117: accessed May 3, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.