| The rainy season in India and Brazil, ethanol fuel is | | | | Sugar prices rising for many reasons. The |
| changing the American appetite, which is directly | | | | important factor is Brazil, the world's largest sugar |
| affected by the U.S. Food giants. | | | | cane is super majority for the manufacture of |
| As a major sugar importer of the United | | | | ethanol fuel; world's second largest sugar-producing |
| States, India and Brazil this year due to weather and | | | | countries, India sugarcane this year the rainy season |
| other reasons, sugar crop yields declined. To this end, | | | | causing the precipitation was lower than in previous |
| the United States began tightening sugar supplies, | | | | years, this original estimate production will occur |
| records show that U.S. sugar stocks at the lowest | | | | resumption of growth is also expected to become a |
| level in 34 years. | | | | bubble. At the same time, growing global sugar |
| History of low storage capacity of the | | | | consumption also makes the further increase of the |
| international sugar prices led to a substantial jump up. | | | | international sugar production and marketing. |
| Suffer Kraft, General Mills, Hershey and Mars and | | | | With the price of sugar in the U.S. and global |
| other food giant has several joint letter to U.S. | | | | markets soaring, all of the sugar price rise may lead |
| Agriculture Secretary Tom? Tom Vilsack, said that if | | | | to different views on the crisis there. "I think in the |
| the Government refused to relax sugar import policy, | | | | near future, U.S. food manufacturers will not face a |
| the United States a "sugar shortage. " | | | | serious shortage of sugar." Standard & Poor's |
| The company also issued a "threat", at | | | | food industry analyst Tom? Graves said that although |
| present, they made chocolate bars, breakfast | | | | prices, sugar supply tension than in previous years, |
| cereals, cookies, gum and other food products have | | | | But the U.S. is far encountered sugar crisis. Sugar |
| been faced with thousands of daily sugar shortage, | | | | shortage warning food companies to be more |
| the Ministry of Agriculture does not allow them to | | | | consideration is the sugar quota policy, rather than |
| import more if the zero-tariff sugar They will raise | | | | sugar prices up or down. |
| prices and layoffs, consumers will carry higher prices, | | | | Hershey, Kraft and other food giant has not |
| food manufacturing jobs would not be secure, trade | | | | released its own demand on the sugar quota, price |
| patterns will be distorted. | | | | and product supply issues, but said in unison, only to |
| Over the years, the United States than in | | | | raise sugar import quota, the local sugar prices down |
| Mexico from outside the market to set strict import | | | | in order to increase their supply and reduce the prices |
| tariff quotas of sugar, sugar used to take care of | | | | of their products. |
| the northern plains and southern vegetable farmers | | | | U.S. sugar producers said that sugar import |
| sell sugar farmers, but the move within the United | | | | quotas to expand their sugar may lead to the sale |
| States artificially high sugar prices. Data showed that | | | | price is below cost of production would lead to their |
| U.S. food companies to buy the domestic sugar | | | | bankruptcy, and more importantly, the government |
| prices paid nearly twice the level of the international | | | | should avoid any attempt to change the rules of |
| market. | | | | behavior. Some experts pointed out that the |
| But there are different voices. American Sugar | | | | expansion of import quotas may not pass the |
| Alliance believes that the sugar shortage fears are | | | | benefits to consumers, but the U.S. production of |
| exaggerated, the U.S. food industry advocate real | | | | sugar for every 1 cent price reduction would mean |
| reason for a shortage of sugar, sugar is to eliminate | | | | that the U.S. sugar farmers lost 160 million U.S. dollars. |
| federal barriers to trade. The alliance issued a notice | | | | The parties to the dispute, the U.S. |
| on its Web site also provides chief economic analyst | | | | Department of Agriculture spokesman Justin? |
| of the Union Jack? Contact Ronnie and said, "Every | | | | Deqiong said the government would "continue to |
| U.S. sugar producers have to sell sugar, U.S. Sugar | | | | review the market environment to ensure that |
| Alliance can provide a number of suppliers contact. " | | | | growers receive appropriate protection network and |
| This year, the U.S. sugar futures price has risen | | | | a stable supply environment. |
| nearly doubled, recently hit a new high of 28 years. | | | | |