The International Sweetener Symposium wrapped up on Wednesday in Ashville, North Carolina. American Sugarbeet Growers Association Executive Director Luther Markwart says maintaining a stable domestic sugar industry is still very important. “It was very clear from this meeting the world sugar market is a disaster. That’s because of foreign subsidies and dumping,” says Markwart. “In fact, the world price of sugar is half the price it costs to produce it. We need a strong domestic sugar policy to respond to unfair trade practices.” Markwart says sugar industries in many of the foreign markets are based on political subsidies that will not be easily changed. “The simple message is these things happening in foreign markets aren’t going away soon or easily. We have to maintain a policy responding to those who cheat and dump their products.”
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