date:Mar 21, 2013
onsumer prices and on sweetened-product demand if producer prices for sugar were to fall.
Mr. Roney said that sugar policys biggest critics large confectioners have expanded production in recent years and are booking impressive profit margins rather than passing along the savings from lower ingredient costs to consumers.
World average retail sugar prices are 14% higher than U.S. prices, further proof that American consumers benefit from U.S. sugar policy, Mr. Roney said.
Bulk refined (indus