The Power of No-Cost Sugar Policy

Outsourcing U.S. sugar jobs to subsidized foreign producers was a top legislative initiative for the industry – and Big Candy was willing to claim no-cost U.S. sugar policy was causing them irreparable economic harm in order to win. It didn’t work. Confectioners lost all five congressional votes taken on sugar policy during the debate.

India’s Farmers Exploit Tax Loophole Subsidy

India’s government sets high sugar prices for its farmers, subsidizes mills to pay farmers the inflated prices, blocks competing imports, offsets farm input costs with subsidies, extends no-interest loans to cane millers, forgives many of those no-interest loans, and subsidizes exports to give its sugar producers a leg up on the world market. If you…