The U.S. Department of Commerce (DOC) today said Mexican sugar subsidies are giving Mexico’s sugar mills an unfair trade advantage. As a result of this preliminary ruling, a duty deposit will be collected on sugar imports from Mexico until the U.S. government can complete its investigation and make a final determination in the case. A 17.01 percent duty deposit will be imposed on sugar imported from mills operated by the Mexican government. Sugar produced by the Mexican company GAM will see a 2.99 percent duty deposit and all other Mexican sugar will be subject to a 14.87 percent duty deposit.
Grocery shoppers in the coming year will be asked to pay more for candy despite the fact that sugar prices have remained relatively flat over the past 30 years, according to an American Sugar Alliance (ASA) report released today at the 31st International Sweetener Symposium.
With the 2014 Farm Bill in the rear view mirror, farmers must remain vigilant in protecting the farm safety net. That was the clear message delivered today by leaders of the two biggest farm organizations at the 31st International Sweetener Symposium.
The idea that there is global free trade in sugar is a “mirage,” according to Patrick Chatenay, a sugar and ethanol expert from the UK-based company ProSunergy, because “subsidies are rampant and unequal.” Further, he said, “Currency fluctuations make a mockery of tariff trade concessions and can damage competitive sugar producers.”
Consumers want fresh, convenient food, along with the ability to leverage digital platforms, according to a panel of experts at the 31st International Sweetener Symposium.
Sugar is the world’s most distorted commodity market and increased government involvement is fueling inefficiency, according to a new video released today by the American Sugar Alliance (ASA).
Lawmakers have voted eight times in the past two years to continue U.S. sugar policy, and according to the American Sugar Alliance’s Jack Roney, that is proof that Congress strongly supports America’s sugar farmers and the 142,000 jobs they underpin.
Attendees of the 31st International Sweetener Symposium were told today that a four-year sugar surplus is weighing on global prices.
Returns have been low for the better part of three decades for sugar industries on both sides of the U.S.-Mexican border, but the two countries have dealt with the challenge far differently. That’s according to a new American Sugar Alliance (ASA) video released today at the 31st International Sweetener Symposium.