FOR AMERICA:
No-cost sugar policy helps fuel the sugar industry, which supports 142,000 jobs and $20 billion in economic activity.
FOR TAXPAYERS:
U.S. sugar policy has operated at no cost to taxpayers since 2002, and the USDA projects it to remain no cost through at least 2021.
FOR GROCERY SHOPPERS:
Americans spend 14% less on sugar than consumers in other developed countries, and spend less of their incomes on sugar than any country in the world.
FOR SUGAR PRODUCERS:
After years of struggling -- nearly 40 sugar plants and more than 100,000 jobs have been lost since 1994 -- sugar producers have finally rebounded thanks, in part, to sugar policy.
FOR CANDY COMPANIES:
U.S. government data show candy production increasing nearly 9% since 2004, and 2.5% since the recession started in 2008.
FOR DEVELOPING COUNTRIES:
The U.S. is the second largest net sugar importer in the world and buys sugar from 38 developing countries. No wonder so many developing nations support no-cost sugar policy.
Symposium
Factors Driving the Sugar Market: Jack Roney of the American Sugar Alliance on the commodity's banner year last year and where prices are headed.