
SRA issues sugar order to stabilize farmgate prices
The Sugar Regulatory Administration issued Sugar Order No. 2 on Friday, March 8, for the voluntary purchase of Crop Year 2023-2024 locally produced raw sugar to be reclassified as "C" or reserve sugar in order to avail of an allocation for a future import program. The intention of the Voluntary Limited Volume Purchase is to help secure and stabilize the farmgate prices of locally produced sugar while at the same time ensuring fair and reasonable retail prices, the order states. It is open to, among others, farmers, farmer's groups, cooperatives and associations, sugar millers, manufacturers, beverage makers, who are licensed SRA Domestic or International Sugar Traders, it said. The 300,000 MT of locally produced raw sugar covered under the orde...









