| New York, Aug. 28 (BridgeNews) - The USDA sold
1.563 million pounds, or 781.5 tons, of sugar from Commodity
Credit Corporation stocks to three companies last week for
delivery to prisons.
Buyers were Imperial Sugar Co., U.S. Sugar Co. and Refined
Sugars, Inc., officials said late Monday. That sugar is to be
swapped for bagged sugar and delivered to 27 prisons and
correctional facilities in the eastern and southern United
States.
* * *
Buyers were contacted late Friday by the Kansas City Commodity
Office in Missouri. Deliveries are to be made between Oct. 15
and Nov. 15.
In early August, USDA sold sugar for delivery to 33 prisons
in the western and southern United States.
USDA expects to hold 740,000 short tons of sugar in CCC
inventories at the end
of the 2000-01 (Oct-Sept) season. |