Re: the politics of sugar
Sellers in every industry would like to have higher than market prices. But short of collusion (generally illegal), it takes government price support or subsidies of one kind or another to achieve higher than market prices. Many US crops/farm products have some kind of government interference in market pricing. Here what the US government does for the sugar producers.
Originally Posted by Clay
But changing government farm support pricing to lessen the burden on beekeepers simply is not going to happen! There aren't enough voting and lobbying beekeepers that buy sugar. That is one reason HFCS has been very successful in the marketplace.
The U.S. sugar program uses price supports, domestic marketing allotments, and tariff-rate quotas (TRQs) to influence the amount of sugar available to the U.S. market. The program supports U.S. sugar prices above comparable levels in the world market. The origin of the program can be traced to legislation in the Agriculture and Food Act of 1981 (1981 Farm Act).
You can read the whole thing here:
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