| Attachment 11 - FY 2015 Quota Rent CQE |
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| CALCULATIONS OF THE FISCAL YEAR 2015 QUOTA RENT |
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World/Raw - Nearby #11 |
U.S. #16 |
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| US price - 35 c/lb |
34.70 |
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Average for FY 2015 |
24.71 |
34.70 |
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| Average freight & insurance etc - 4 c/lb |
4.00 |
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| Total |
38.70 |
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| World price - 25 c/lb |
24.71 |
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| Average freight & insurance etc - 4 c/lb |
4.00 |
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28.71 |
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| Average Quota rent = 2.28 c/lb = $200/short ton |
9.99 |
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| Quota rent per kilo |
$0.22 |
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| Quota rent per metric ton |
$220.46 |
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MTRV |
Kilograms per MTRV |
Kilograms |
Pounds Per Kilogram |
Pounds |
Short Tons |
| WTO TRQ = 1.054 million metric tons |
1,054,320 |
1,054,320 |
1,000 |
1,054,320,000 |
2.2046 |
2,324,353,872 |
1,162,177 |
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$220.46 |
1,117,195 |
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| Quota Rent = $148.8 million - round to $149 million |
$232,435,387.20 |
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| Colombia TRQ (Calendar Year) |
51,008 |
52,250 |
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$220.46 |
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| Quota Rent = |
$11,245,223.68 |
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| Panama TRQ (Calendar Year) |
6,217 |
6,240 |
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$220.46 |
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| Quota Rent = |
$1,370,599.82 |
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| Total Quota Rent = |
$243,680,611 |
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| Weekly Sugar Prices for Fiscal Year 2015 |
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| FY 2015 |
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World/Raw - Nearby #11 |
U.S. #16 |
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| Average for FY 2015 |
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24.71 |
34.70 |
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