| CALCULATIONS OF THE FISCAL YEAR 2019 QUOTA RENT |
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Values |
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World/Raw - Nearby #11 |
U.S. #16 |
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| US price - 26 c/lb |
$0.2584 |
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Average for FY 2019 |
12.36 |
25.84 |
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| Average freight & insurance etc - 4 c/lb |
$0.0400 |
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| Total |
$0.2984 |
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| World price - 12 c/lb |
$0.1236 |
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| Average freight & insurance etc - 4 c/lb |
$0.0400 |
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$0.1636 |
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| Average Quota rent = 13.48 c/lb = $269.60/short ton |
$0.1348 |
$0.1348 |
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| Quota rent per kilo |
$0.30 |
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| Quota rent per metric ton |
$297.22 |
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MTRV |
Kilograms per MTRV |
Kilograms |
Pounds Per Kilogram |
Pounds |
Short Tons |
| WTO TRQ = 1.072 million metric tons |
1,072,247 |
1,072,247 |
1,000 |
1,072,246,700 |
2.2046 |
2,363,875,075 |
1,181,938 |
|
$297.22 |
1,117,195 |
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| Quota Rent = $318.69 million - round to $319 million |
$318,689,758.00 |
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Jan-Sept 2019 |
33,688 |
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| Colombia TRQ (Calendar Year) |
55,250 |
52,250 |
Oct-Dec 2019 |
21,562 |
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|
$220.46 |
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Colombia CY 2019 Total |
55,250 |
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| Quota Rent = |
$12,180,415.00 |
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| Panama TRQ (Calendar Year) |
7,520 |
6,240 |
Jan-Sept 2019 |
1,170 |
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|
$220.46 |
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Oct-Dec 2019 |
6,350 |
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| Quota Rent = |
$1,657,859.20 |
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Panama CY 2019 Total |
7,520 |
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| Total Quota Rent = |
$330,870,173 |
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| Weekly Sugar Prices for Fiscal Year 2019 |
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| FY 2019 |
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World/Raw - Nearby #11 |
U.S. #16 |
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| Average for FY 2019 |
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12.36 |
25.84 |
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