Sugar Prices

[Mbeck]

What are your local prices for sugar?
57.6 cents a pound here today at the local Save a lot ( beet sugar)
I think Wal-mart is right around the same if not a bit more (cane sugar).

[Lauri]

Heres a site I check occasionally you may find interesting:
http://www.fao.org/worldfoodsituatio...ricesindex/en/

Gives details on why prices are the way they are and forcasts future shortages, growing problems and demand

[Mbeck]

Thanks interesting.


» The FAO Sugar Price Index declined for the fifth consecutive months to 327 points in December, down 4 percent (13 points) from November and 18 percent* (73.5 points) from its July 2011 peak. The recent months’ weakness mostly reflects expectations of a large world production surplus over the new season, on the back of good harvests in India, the EU, Thailand and the Russian Federation.

I believe these numbers don't take into account the USA tariffs on sugar?

[Scrapfe]

Saw a proposal today about a possible new tax on that shoo nasty nasty stuff called sugar. Sugar and everything else sweet, INCLUDING honey has put up with a lot of bad press in the halls of power, since 1840. The idea was that sweets and things you put sweets into like coffee, tea, cakes, cookies, Bar-B-Q sauces, mush, even white bread, caused you to think about sex. One quack (whose brother built an empire out of little flakes of corn) stated in one of the many medical book he authored, that sugar, spices, tight clothing, coffee, etc. caused you to be shy and retiring, bold and forward, develop acne, need glasses or think about sex. You win some, you lose some, but some people are just way to nutty to make a good fruit cake, no matter how much sugar you use.

Sugar has recently advanced on the retail market from 20¢ or 25¢ per pound to about 60¢ per pound. The current price at Aldis is $2.49 for a 5# sack or 49.8¢ per pound + tax.
Sugar on the international commodities market has gone up by as much as 300% since 2008. It is interesting that there is also an import commodity price for American as well as an import commodity price for European sugar.

Here is your CIA dollars at work. http://www.indexmundi.com/

http://www.indexmundi.com/commoditie...gar&months=360

http://www.indexmundi.com/commoditie...rice&months=60

http://www.indexmundi.com/commoditie...rice&months=60

Also note that the US and the European import commodity prices are going in different directions.

[spencer]

Government is getting desperate for $ so it looks like it wants to cash in on the obesity epidemic.

[sqkcrk]

$.35 to $.40 per pound in bulk in PA.

[Acebird]

think about sex.

Is that why bears are dangerous when they knock over a hive? I always thought they wanted to eat you.

[Peakebrook]

Mark,

Where in PA are you getting bulk pricing? How much at a time?

Thanks

[Scrapfe]

Is that why bears are dangerous...

How do you think Smokey the Bear earned his moniker? It’s all those cigarettes he smokes late at night.

[Haraga]

Retail 16$ for 25 pounds.

[lazy shooter]

I have often bought pallets of sugar for use in the oil and gas industry. Sugar greatly retards the curing time of cement. That's its use to us. I always go to an independent grocery store and ask the manager for a volume discount. At times, sugar prices have been surprisingly cheap.