16 Jun
2007
16 Jun
'07
7:43 p.m.
On 16 Jun 2007 at 22:04, Teo Zenios wrote:
US sugar is expensive as hell, most of the candy
companies left for Canada
or Mexico because of that. Did you mean we subsidize corn (which is how we
have corn syrup as a sweetener for most everything).?
Not to drift too far afield, but the US spends about $1.2 Billion
(2005 numbers) in Federal subsidies and price supports, as well as
import quotas. This means that domestic growers can export sugar and
sell it for less abroad than it costs domestically. The same story
obtains for other crops such as cotton.
Any more and I'd be straying into politics.
Cheers,
Chuck