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U.S. food giant Yupo sugar sugar import quota of containing up

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

Article Source: http://www.articlesbase.com/organizational-articles/us-food-giant-yupo-sugar-sugar-import-quota-of-containing-up-2879817.html

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