A sugarbeet leader says the sugar industry has its own trade issues as a global surplus weighs on the market.
Luther Markwart with the American Sugar Alliance tells Brownfield subsidized production of sugar in countries like India and Thailand has more to do with social stability, “When you’re subsiding an industry not based on market pressures, but based on social stability, you end up producing more than what you need, more than what the global markets are, we’re in a wash of sugar globally.”
He says that over production threatens efficient producers which is why maintaining policy in the 2018 Farm Bill to insulates U.S.
Continue reading U.S. sugar policy protects farmers from glut at Brownfield Ag News.
