Attention Food Companies, We’ve Got Sugar to Sell
WASHINGTON (Aug. 19, 2009)—In a Wall Street Journal advertisement today, America’s sugar producers again begged large food manufacturers to call the American Sugar Alliance to be put in touch with numerous sugar sellers looking to unload “extra inventory.” The advertisement appears exactly one week after a group of industrial sugar users instigated a sugar shortage scare in a national public relations campaign designed to pressure the USDA into importing unneeded subsidized sugar.
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Snack Attacked
Moments after the country’s favorite snack makers said America could “virtually run out of sugar,” calls began flooding the American Sugar Alliance switchboard with people asking if they should start hording ho hos or collecting cupcakes. Then the phones went quiet, which was amazing since sugar growers publicly pleaded with candy companies to call if they were having trouble finding sugar.
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The Word on the Street
U.S. sugar producers are actively looking for food manufacturers willing to buy their excess sugar, and the USDA just upped its domestic supply estimates—again. But don’t just take our word for it that the market is adequately supplied. Check out these quotes from across the country...
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