USDA Announces FY 2027 Sugar Program Details

The U.S. Department of Agriculture has announced sugar loan rates and marketing provisions for fiscal year 2027, along with reallocations for fiscal year 2026. USDA’s Commodity Credit Corporation provides loans to sugar beet and sugarcane processors, allowing sugar to be stored after harvest and marketed later when prices improve. Beginning Oct. 1, the national average loan rate will be 24 cents per pound for raw cane sugar and 32.77 cents per pound for refined beet sugar, reflecting increases authorized under the Working Families Tax Cuts Act. Regional beet sugar loan rates range from 32.53 cents per pound in Idaho, Oregon, and Washington to 34.08 cents in California. Raw cane sugar loan rates are set at 22.84 cents per pound in Florida and 25.07 cents in Louisiana. Processors receiving loans must meet minimum grower payment requirements to remain eligible. USDA also reallocated portions of FY 2026 sugar marketing allocations among processors to better reflect their ability to market available supplies and balance the domestic sugar market.