[ SRA SUGAR ORDER NO. 1-D, S. OF 2008-2009, March 05, 2009 ]
AMENDING SUGAR ORDER NO. 1-C, SERIES OF 2008-2009, TERMINATING THE DR SUGAR ALLOCATION AND, IN LIEU THEREOF, ALLOCATING 4.5% FOR DX OR WORLD EXPORT SUGAR
WHEREAS, there was an ending balance of 652,943 MT of raw and refined (in equivalent raw quantity) sugar at the closing of Crop Year 2007-2008;
WHEREAS, total raw sugar production for Crop Year 2008-2009 is now estimated at 2.050 million MT, which brings the total volume available in the country to about 2.703 million metric tons;
WHEREAS, projected consumption for the crop year is 2.0 million MT;
WHEREAS, the U.S. Quota for the current crop year will be fully served at 140,000 MT;
WHEREAS, the above supply and demand situation requires that more or less 150,000 metric tons be shipped to the world market and/or used by export food processors to reduce stock balance to around 400,000 MT at the end of the current crop year;
NOW THEREFORE, under and by virtue of the authority vested in the Sugar Regulatory Administration (SRA), it is hereby ordered that:
SECTION 1. The sugar allocation in Section 1 of Sugar Order No. 1, Series of 2008-2009 is amended as follows:
A or U.S. Quota Sugar - 10.0% B or Domestic Sugar - 68.0% C or Reserve Sugar - 15.0% Dx or World Export Sugar - 4.5% De for Sugar-based Food Exporters - 2.5% 100% SECTION 2. Quedanning of Dx sugar.
2.1 Quedan Form. The A sugar quedan-permit forms for Crop Year 2008-2009 shall be used to cover production of Dx sugar beginning week-ending March 8, 2009 and shall be issued after the said A quedan-permits have been properly stamped as Dx or World Market sugar and validated by the SRA Regulation Officers assigned at the millsites.
2.2 Block Quedanning of Dx sugar. Mill companies shall, on a weekly basis, issue consolidated (block quedanning) Dx quedan-permits to planters (planters share) in the name of the planters association/cooperative as assigned, attached thereto the list* of planters by planters association/cooperative and their corresponding volumes of Dx sugar.
Dx sugar quedans of non-affiliated sugar planters shall be consolidated for the association or cooperative they appoint. Such appointment shall be in writing addressed to the mill. Should there be no appointed association or cooperative, the Dx quedans shall be consolidated with the mill with a corresponding list of the individual volumes of Dx sugar for each planter.
Sugar planters who wish to be independent or whose intention is to transact their Dx sugar individually shall inform the mill, copy furnished the SRA. The mill shall automatically effect the request for individual quedanning without need of prior approval from SRA.
Provision s of Sugar Orders No. 1, and 1-B and 1-C not contrary to or inconsistent with this Sugar Order shall remain in effect.
SECTION 3. Reclassification (Conversion) of Dr sugar to Dx sugar. All existing Dr sugar are hereby reclassified (converted) to Dx or World Export Sugar effective immediately.
SECTION 4. Reclassification (Conversion) of De sugar to Dx sugar. De sugar may be reclassified (converted) to Dx sugar, based on existing rules and regulations of the SRA on reclassification (conversion).
SECTION 5. Effectivity. This Order shall take effect starting production week-ending March 8, 2009.
SECTION 6. Sugar Orders not contrary hereto shall remain in full force and effect while sugar orders, circular letters and such other issuances inconsistent or contrary hereto are hereby revoked, modified or amended accordingly.
Adopted: 05 March 2009
BY AUTHORITY OF THE SUGAR BOARD
(SGD.) RAFAEL L. COSCOLLUELA
Administrator
* Not Filed with ONAR.