(Chuck Muth) – For the first time in six years, India – the world’s biggest sugar producer and #2 sugar exporter – has imposed export restrictions “to prevent a surge in domestic prices.” According to a recent Reuters story, the government will cap this season’s exports at 10 million tons. This, combined with a shift […]
(Chuck Muth) – A recent article by John Beghin on behalf of the American Enterprise Institute resurrects old and debunked arguments for eliminating the current U.S. sugar program of limited tariffs and targeted import quotas. He starts off with the time-worn claim that domestic sugar prices are “around twice the level of world prices” and […]