Feb
2nd
Tue
2nd
World sugar prices have hit 30 year highs recently. But as the chart shows, US prices have always been higher. Why? Because the government pays sugar beet farmers a MINIMUM of 22 cents a pound for sugar.
This describes the repercussions: http://mjperry.blogspot.com/2010/02/few-days-ago-i-posted-about-tariffs.html