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AGRICULTURE: Sugar industry report: a mixed bag

Patrick J. ByrneJul 13, 20023 min read

The Hilderbrand Report on the sugar industry has some worthwhile suggestions, but remains fundamentally flawed in its response to the serious problems threatening the industry following deregulation, the slashing of tariffs, the loss of a guaranteed price into the domestic market, and the flooding of the world sugar market by Brazil. World subsidies are so high that the world price for raw sugar…

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