The House of Representatives likewise continued the current sugar policy in its version of the Farm Bill after overwhelmingly rejecting a proposal by agricultural critics to depress sugar farmers’ prices with subsidized imports.
The Farm Bill passed today contains a strong sugar policy that will give sugar farmers and workers a fighting chance to survive in a market that is plagued by low prices and ever-increasing foreign subsidies.
As Congress continues debate of the 2018 Farm Bill, the U.S. Department of Agriculture recently updated its backgrounder on sugar policy, which made this new observation about sugar prices around the world.
Sugar, which had become a staple of high-society diet, was in short supply. When French scientists gave Napoleon sugar made from beets, he directed farmers to plant a massive crop and provided government money to help build processing factories.
Sugar policy will likely come under attack when the bill moves to the Senate floor. Farm policy opponents have signaled support for a legislative proposal that would exclude sugar producers from loans available to other crops, mandate market oversupplies with subsidized imports, and send sugar farmers’ prices back to 1980s levels.
At nights, she’d gaze at the iconic Domino Sugar refinery that has long illuminated the city’s Inner Harbor. But, she never realized just how close her home was to the refinery until she came to work there decades ago.