The raw cane sugar loan rate is set at 24.00 cents a pound
What the document says“24.00 cents per pound for raw cane sugar for each of the 2025 through 2031 crop years.”
The section adds a new paragraph (6) to subsection (a) of section 156 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7272) setting the loan rate for raw cane sugar at 24.00 cents a pound for each of the 2025 through 2031 crop years, and closes the earlier list at the 2024 crop years.
What the document actually says“24.00 cents per pound for raw cane sugar for each of the 2025 through 2031 crop years.”
Raw cane sugar gets a loan rate of 24 cents a pound. That holds for the 2025 to 2031 crop years.
A loan rate is what a processor can borrow per pound. It also sets a floor under the price. The older law it sits in is not indexed here.
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