August 2017 Sugar and Sweeteners Outlook

The August World Agricultural Supply and Demand Estimates (WASDE) raised projected domestic production in 2017/18 by 232,000 short tons, raw value (STRV), based on strong yields forecast in the National Agricultural Statistics Services’ (NASS) Crop Production report released on the same day. Projected supplies are also increased due to a 235,000- STRV increase in projected…

Sweetener Users Call on NAFTA Negotiators to Expand Sugar Trade, Outline Negotiating Objectives

Washington, DC (August 16, 2017) – With the first round of negotiations to modernize the North American Free Trade Agreement (NAFTA) beginning today in Washington, America’s sweetener users urged negotiators to expand, not further restrict, trade in sugar. “On behalf of America’s food and beverage companies that use sugar in the products they make and…

Candy & Snack Today: Bloomberg Report Sheds Light On Political Influence Of Top Sugar Producers

A story breaking this week from Bloomberg Politics details the political influence of the most powerful family in the sugar industry, the Fanjuls. The report focuses on the family’s massive wealth, formed on the backs of hardworking taxpayers, and how they have used that wealth to curry favor to insulate the U.S. sugar program from much needed reform.…

USTR Announces Reallocation of Unused FY 2017 World Trade Organization Tariff-Rate Quota Volume for Raw Cane Sugar

The Office of the United States Trade Representative (USTR) today announced country-specific reallocations of the fiscal year (FY) 2017 in-quota quantity of the World Trade Organization (WTO) tariff-rate quota (TRQ) for imported raw cane sugar.  TRQs allow countries to export specified quantities of a product to the United States at a relatively low tariff, but…

July 2017 Sugar and Sweeteners Outlook

The July World Agricultural Supply and Demand Estimates (WASDE) increased estimated domestic deliveries 100,000 short tons, raw value (STRV) to 12.455 million STRV for 2016/17. The increase is based on the strong pace of deliveries for food and beverage use reported through May. Food and beverage deliveries are estimated to be 12.300 million STRV for…

The Daily Signal: Sugar Subsidies Are a Lose-Lose for American Workers and Consumers (Op-Ed by Erin Bardin, Member, Young Leaders Program & Bryan Riley, Jay Van Andel Senior Analyst in Trade Policy, The Heritage Foundation)

Commerce Secretary Wilbur Ross commented: “We have gotten the Mexican side to agree to nearly every request made by U.S. industry to address flaws in the current system and ensure fair treatment of American sugar growers and refiners.” But according to the Sweetener Users Association: “Even tighter controls on the total volume of sugar in…