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TeachMeFinance.com - explain Loan forfeiture level, sugar Loan forfeiture level, sugar The term 'Loan forfeiture level, sugar ' as it applies to the area of agriculture can be defined as ' The lowest market price that a processor must receive before concluding that forfeiting pledged sugar to the Commodity Credit Corporation is more profitable than selling the sugar. In practice, USDA has calculated the loan forfeiture level to be equal to the loan rate, plus transportation costs to a refinery (applicable only for raw cane sugar) plus interest expenses on a nonrecourse loan minus a sugar loan forfeiture penalty'. Previous 5 Terms: Load-serving entity (electric) LOAEL Loam Loan deficiency payments Loan forfeiture Next 5 Terms: Loan rate lobar loblolly lobular Local capabilities assessment About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.