The DOC ruling noted that Mexico’s sugar industry was found to be dumping at margins of 40.48% to 42.14% below the value of the exported product and subsidies ranged from 5.78% to 43.93%.Mexico’s government-owned sugar mills were subsidized at 43.93%.
According to what is established in the Suspension Agreement where sugar exports are subject to prior authorization permits, published in the Diario Oficial (Federal Register) on February 6, 2015, SE announced that the total quota of sugar to be exported to the United States for the 2015/16 sugar cycle is 983,247.92 metric tons raw value.
The Lakeview refinery is designed to turn about 140,000 dry tons of woody biomass into 15 million gallons a year into liquid transportation fuels.
The warning from US Trade Representative Mike Froman is a potential blow to broader agricultural trade liberalisation under the Trans-Pacific Partnership (TPP) involving 12 countries.
The fiscal 2016 refined sugar TRQ was established at 145,505 short tons, raw value, of which 123,079 tons is reserved for specialty sugars as defined by the Office of the U.S. Trade Representative. The total refined sugar T.R.Q. includes a 24,251-ton minimum W.T.O. commitment, of which 1,825 tons is reserved for specialty sugar.
Beet sugar production for the 2015/16 Aug-Jul period will total about 4.900 mln tons, but fiscal year 2015/16 (Oct/Sep) production is forecast at 4.770 mln as 11% of the 2015/16 sugar beet crop will be harvested in August-September and thus will be accounted for in the estimate of the fiscal year 2014/15 (Oct/Sep) crop.
The US Department of Agriculture (USDA) said in its first outlook on the 2015/16 domestic sugar balance that sugar production during that season will fall to 8.450 mln short tons, raw value, on an Oct/Sep basis, a decrease of 76,000 from 2014/15.
The Sierra Biofuels plant will process 200,000 tons of municipals solid waste (MSW) into renewable syncrude that will be upgraded to more than 10 million gallons (45,460,900 litres) of jet fuel annually. The company currently holds 20-year feedstock agreements with Waste Management and Waste Connections, as well as an offtake agreement with Cathay Pacific Airways for 10 years.
Beet sugar production is projected to rise 5.2% on the year to 5.123 mln tons from 4.870 mln as planted acreage is projected to increase by about 44,000 acres in 2015/16 due to higher returns relative to costs while as well as a return to sugar yield trend. On the other hand, cane sugar production is projected to decrease to 3.358 mln tons
The project next to Raceland Raw Sugar Corp. will be a demonstration plant to validate Virdia’s extraction and separation technology that produces sugars from cellulosic feedstock. Virdia, is a subsidiary of the Finnish pulp and paper giant Stora Enso.