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U.S. industry making sugar faster than we can eat it
date:Jan 28, 2013
Record U.S. sugar output is creating the biggest domestic glut in a decade, reducing costs for Hershey Co. and making it more likely the government will need to stockpile supply to support farmers.

Production will jump 6.9 percent to 9.07 million tons in the year ending Sept. 30, the U.S. Department of Agriculture said last week. Stockpiles are forecast at 2.2 million tons, the most since 2000. Domestic prices will drop 7.7 percent by October to 20 cents a pound, extending last year's 38 percen

12/24 07:19