Dive Summary:
- The American Sugar Alliance, the leading lobby representing the sugar industry in the U.S., ha released a statement predicting another uphill battle for them when Congress begins debating the Farm Bill once again.
- Last year, before the deadline for a new Farm Bill expired, the food manufacturing industry was fighting hard for sugar tariffs and other market legislation to be revoked so as to open up the international sugar market.
- As it stands today, sugar abroad is quite a bit cheaper than U.S. sugar, although the ASA is claiming the prices are getting closer and closer.
From the article:
“As we did in 2012, we will face assaults from the food manufacturers, who would like to reduce or eliminate US sugar policy to enhance their access to subsidized world dump market sugar,” the trade group said on its website.