; and (2) in subsection (b)— (A) in paragraph (1), by striking and ; (B) in paragraph (2)— (i) by striking 2023 and inserting 2024 ; and (ii) by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (3) a rate that is equal to 136.55 percent of the loan rate per pound of raw cane sugar under subsection (a)(6) for each of the 2025 through 2029 crop years. . 1302. Adjustments to commodity credit corporation storage rates Section 167 of the Federal Agriculture Improvement and Reform Act of 1996 ( 7 U.S.C. 7287 ) is amended— (1) by amending subsection (a) to read as follows: (a) In general Notwithstanding any other provision of law, for the 2025 crop year and each subsequent crop year thereafter, the Commodity Credit Corporation shall establish rates for the storage of forfeited sugar in an amount that is not less than— (1) in the case of refined sugar, 34 cents per hundredweight per month; and (2) in the case of raw cane sugar, 27 cents per hundredweight per month. ; and (2) in subsection (b)— (A) in the heading, by striking Subsequent and inserting Prior ; and (B) by striking and subsequent and inserting through 2024 . 1303. Modernizing beet sugar allotments (a) Allocation to processors Section 359c(g)(2) of the Agricultural Adjustment Act of 1938 ( 7 U.S.C. 1359cc(g)(2) ) is amended— (1) by striking In and inserting (A) In general.— Except as provided in subparagraph (B), in ; and (2) by adding at the end the following: (B) Exception Notwithstanding subparagraph (A), if the Secretary makes an upward adjustment under paragraph (1)(A), in adjusting allocations among beet sugar processors the Secretary shall give priority to such processors with available sugar. . (b) Timing of reassignment Section 359e(b)(2) of the Agricultural Adjustment Act of 1938 ( 7 U.S.C. 1359ee(b)(2) ) is amended— (1) by striking If and inserting (A) In general.— If ; (2) by redesignating subparagraphs (A), (B), and (C) as clauses (i), (ii), and (iii), respectively