Issue link: https://read.uberflip.com/i/1271705
www.SugarProducer.com 23 4387-1SafeTPull13s.indd 1 4387-1SafeTPull13s.indd 1 6/24/20 9:03 AM 6/24/20 9:03 AM www.ropanorthamerica.com info@ropanorthamerica.com Michigan Mike 1-810-705-0297 Idaho Kent 1-208-280-0079 Nebraska 21 st Century Equipment Minnesota Midwest Machinery Co. John Noorloos 1-519-339-6015 SERVICE North America Quality used machines available: 2010 - 2015 Tiger V8-4 and Tiger 5 20 - 22 - 24 - 28 - 30 inch heads Save time and maximize profi t 35 & 40 ton capacity 35 & 40 ton capacity BIG BEAR Award-winning 2374-2RopaNorthAmerica13s.indd 1 8/5/19 10:48 AM such a sweet crop—especially when these foreign-backed interventions are compared to America's successful policy, which doesn't rely on subsidies. In fact, America's sugar policy is designed to cost taxpayers nothing. The American Sugar Alliance also continues to compile other recent developments affecting sugar sectors in countries around the world, including some covered in the aforementioned 2020 USDA GAIN reports. Some not-so-sweet subsidy news from around the globe: • In June, Thailand approved a 10 billion baht bailout package for its sugar farmers—that amounts to approximately $324 million. • A special Sugar Inquiry Commission in Pakistan recently released a detailing the approximately $177 million in sugar subsidies that have flowed into the coffers of a handful of sugar mills since 1985. • Russia has turned from a major world importer of sugar to a growing exporter, with the government allowing for the establishment of sugar export associations to help facilitate further exports abroad. Meanwhile, America's strong no-cost sugar policy protects efficient American sugar farmers and workers and ensures that we maintain an affordable supply of this essential ingredient. But if we were to unilaterally weaken or cripple this successful policy in the face of rampant subsidization, without passing the Zero-for-Zero Sugar Policy, the more than 142,000 sugar farmers and workers the American sugar industry supports would likely face bankruptcy. The multigenerational family farmers that grow sugarcane in three states or sugarbeets in 11 states, and all of the factory workers that process sugar, can't compete against the billions that foreign treasuries dump into the market. That's why the American sugar industry is advocating that Congress pass Congressman Ted Yoho's Zero-for-Zero Sugar Policy (H. Con. Res. 7) to put a stop to the wave of sugar subsides causing market turmoil. It's a common-sense proposal that would only drop America's no-cost sugar policy in exchange for the verified elimination of all foreign sugar subsidies. It's time for the Zero-for-Zero Sugar Policy. n