Sugar users, producers square off before I.T.C.
date:Mar 21, 2013
ears have served as a perfect example of what is wrong with U.S. sugar policy, Mr. Earley said. For the first four years under the 2008 farm bill, the result was a period of extraordinarily high domestic sugar prices, reaching record levels in 2010 and 2011, with a total impact on consumers of $14 billion. Not surprisingly, a couple of years of record prices stimulated production in both the U.S. and Mexico. Sugar output in both countries is estimated by U.S.D.A. to be up about 20% since the 200
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