Fri, Aug 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Agriculture more

US struggles with sugar surplus

Posted on 03 September 2013

The US government is struggling to shore up the domestic sugar market as it tries to stave off federal loan defaults by sugar processors for the first time in nine years. Strong domestic production, a surge in imports from Mexico as well as weak international prices have weighed on the US sugar market this year.
In its third intervention in the domestic market this year, the US Department of Agriculture last week said it bought sugar from a domestic processor and sold it to an ethanol producer at a loss of almost $3m………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31