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DOCU- ENT RESUME
05336 - B0745679J 4jfS.flr P< e
[Analysis of the Effect of Loophole in Presidential Proclamvt2.on
on Sugar]. CEI-78-85; B-118622. March 14, 1978. 5 pp. + 3
enclosures (4 pp.).
Report to Rep. Robert H. Michel; by Henry Es.hwege, Director,
Community and Economic Development Div.
Issue Area: Food: koderal and State Regulations Impacting Food
Marketing (1712); Interneiional Economic and Military
Prcgrams: UoS. Comparative 4dvantage in Trade aDd Technology
(608). /
Contact: Community and Economic Development Di,.
Budget Function: Agriculture.4 Farm In,:ome Stabilization (351).
Organization Concerned: Depaktment of Agriculture; Bureau of the
Census.
Congressional Relevance: Rep, 11obert H. Michel,
The effect of the P4esidential proclamation designed to
protect the domestic price support loan program for sugar was
reviewed. Bureau of the Census data show that November iaports
totaled 19,615 short tcns of refined sugar, about 3% of the 1977
total, and December imports were 469,096 short tons, about /2%
of calendar year 1977 refined sugar i.mports. Census data are
published by month so it is not possible to determine what
portion of November imports occurred after November 11, the date
of the proclamation. Three countries provided more than 99% of
January 1978 sugar isports: Brazil, Canada, and Guatemala. The
quoted average wholesale price of both cane and beet sugar have
increased monthly since October 1977; it would appear that the
imported refined sugar has not caused prices to decline. The
revenue not collected by the Treasury due to the absence of an
import fee is estimated to be $30.2 million. It is not possible
to determine the eKpected cost to the Treasury under the loan
program. Industries-that use refined sugar as an ingredient
include: beverages, confectionery products, bakery and cereal
products, dairy products, aud proces3ed foods. Information is
not available on who has benefited from Lefined sugar imports
since the Census Bureau data on imports do not indicate either
the importer or the ultimate purchaser. (RES)](ViewImageLocal?handle=hein.gao/gaobaawvv0001&div=1&collection=&method=preview&ext=.png&size=3)