Special Edition   VOLUME 5 ISSUE 9  
Top Stories...
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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U.S. food manufacturers pay less for sugar than their
counterparts in other developed countries.
 
Sugar Prices Around the Developed World in 2008
U.S. Prices Low by Comparison
 
Country Wholesale Prices
(US$/LB)
Retail Prices
(US$/LB)
EU
0.39
0.63
Developed Country Avg.
0.38
0.59
USA
0.35
0.53

Source: LMC International Ltd, Oxford, England, June 2009: "Retail and Wholesale Sugar Prices Around the World in 2008"
 

Sweetener Impact on Your Community

Voices of Sugar
Former Ag Committee Chairman Larry Combest discusses the credibility problem food manufacturers have after publicizing suspect market predictions. Listen Now!
Sugar Links
American Sugar Alliance
The Sugar Association
USDA Sugar Briefing Room
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August 2009
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