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Sugar Shortage Soon
An alliance of sugar-using industries sent a letter earlier today to Secretary of Agriculture Tom Vilsack asking for an increase in the quotas imposed on imported sugar. The organizations signing the letter complain, quite reasonably, that domestic sugar stocks have fallen to historic lows and that a potential shortage would jeopardize production and jobs in their sectors.
"According to USDAs World Agricultural Supply and Demand Estimates, the United States will end the next fiscal year with less than 13 days worth of sugar on hand, unless imports are increased. If this forecast is accurate, our nation will virtually run out of sugar."
The letter was signed by, among other organizations and companies, the American Bakers Association, the American Beverage Association, General Mills, Gonella Frozen Products, the Grocery Manufacturers Association, the Hershey Company, the Independent Bakers Association, the International Dairy Foods Association, Kraft Foods, Krispy Kreme, Mars, the National Confectioners Association, Nestle USA, and Pepperidge Farm.
Posted by: Anonymoose 2009-08-09 |
http://www.rantburg.com/poparticle.php?ID=276182 |
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