Barbara Fecso, an economist at the USDA, expects that the USDA could go ahead with the new buying program unless domestic prices rebound.

A bumper crop year for sugar beets in the upper Midwest and sugar cane has pressured U.S. sugar prices.

Sugar related exchange traded products include:

  • iPath Dow Jones-AIG Sugar Total Return Sub-Index ETN (NYSEArca: SGG): down 22.6% over the past year
  • iPath Pure Beta Sugar (NYSEArca: SGAR): down 24.8% over the past year
  • Teucrium Sugar Fund (NYSEArca: CANE): down 26.9% over the past year

For more information on sugar, visit our sugar category.

Max Chen contributed to this article.