"Some of America's biggest food companies say the U.S. could 'virtually run out of sugar' if the Obama administration doesn't ease import restrictions amid soaring prices for the key commodity...This is the latest salvo fired in a long-simmering dispute between U.S. food companies and the sugar industry over federal policy that artificially inflates the domestic price of U.S.-produced sugar in order to support the incomes of politically savvy sugar-beet farmers on the Northern Plains and cane-sugar farmers in the South. Most years, the price food companies pay for U.S. sugar is twice the world level."
Food Firms Warn of Sugar Shortage
by Scott Kilman, Carolyn Cui, and Ilan Brat
http://online.wsj.com/article/SB125011957488227095.html#mod=todays_us_page_one
This blog is meant to capture the intersection of business, economics, politics, science, humanities, global culture, facts, figures, ideas, human nature, inventions, technology, health, food, sex...It is really an ode to life and the many things to think about and consider along the way.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment