Sugar Producer

August/September 2020

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22 Sugar Producer AUGUST/SEPTEMBER 2020 Sweet & Sour Unfair subsidies worldwide underscore the need for U.S. sugar policy. FROM THE ASA By Phillip Hayes | Director of Media Relations The widespread use of foreign government support and subsidies has contributed to a wildly unpredictable global sugar market. Foreign intervention only continues to rise as nations struggle to prop up their inefficient producers and deal with the overproduction spurred by these same sugar subsidies. As a result, sugar exports are being dumped by dozens of countries on the world market at prices that are half the cost of producing it worldwide and well below their own countries' internal consumer prices. The American Sugar Alliance reviews all of the USDA's Semi-Annual Sugar GAIN reports and compiles all mentions of the various ways more than 20 foreign governments intervene in their sugar markets into one convenient report. The most recent report can be found at www. sugaralliance.org. This report details a whole host of different interventions: State-run companies. Direct payments. Export subsidies. Government-set prices. These are some sour policies for

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