Commodity Outlook 2003: U.S. and World Sugar Markets

This paper provides an overview of U.S. sugar policy and the importance of the European Union (E.U.) and Brazil in the world sugar market. Both U.S. and E.U. sugar policies support sugar prices for growers well above world levels. Brazilian sugar producers are supported by their government sugar-et...

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Main Author: Andrew Schmitz
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2003-03-01
Series:EDIS
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Online Access:https://journals.flvc.org/edis/article/view/108707
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author Andrew Schmitz
author_facet Andrew Schmitz
author_sort Andrew Schmitz
collection DOAJ
description This paper provides an overview of U.S. sugar policy and the importance of the European Union (E.U.) and Brazil in the world sugar market. Both U.S. and E.U. sugar policies support sugar prices for growers well above world levels. Brazilian sugar producers are supported by their government sugar-ethanol program in which over 50 percent of the sugarcane grown in Brazil is converted into fuel. Sugar prices for U.S. and E.U. producers should remain at the current levels. World sugar prices should remain at near record low levels. This is EDIS document FE375, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published February 2003. https://edis.ifas.ufl.edu/fe375
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spelling doaj-art-ac64273f09e84fffb4541745b68889882025-02-08T06:30:31ZengThe University of Florida George A. Smathers LibrariesEDIS2576-00092003-03-0120035Commodity Outlook 2003: U.S. and World Sugar MarketsAndrew Schmitz0University of Florida This paper provides an overview of U.S. sugar policy and the importance of the European Union (E.U.) and Brazil in the world sugar market. Both U.S. and E.U. sugar policies support sugar prices for growers well above world levels. Brazilian sugar producers are supported by their government sugar-ethanol program in which over 50 percent of the sugarcane grown in Brazil is converted into fuel. Sugar prices for U.S. and E.U. producers should remain at the current levels. World sugar prices should remain at near record low levels. This is EDIS document FE375, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published February 2003. https://edis.ifas.ufl.edu/fe375 https://journals.flvc.org/edis/article/view/108707FE375
spellingShingle Andrew Schmitz
Commodity Outlook 2003: U.S. and World Sugar Markets
EDIS
FE375
title Commodity Outlook 2003: U.S. and World Sugar Markets
title_full Commodity Outlook 2003: U.S. and World Sugar Markets
title_fullStr Commodity Outlook 2003: U.S. and World Sugar Markets
title_full_unstemmed Commodity Outlook 2003: U.S. and World Sugar Markets
title_short Commodity Outlook 2003: U.S. and World Sugar Markets
title_sort commodity outlook 2003 u s and world sugar markets
topic FE375
url https://journals.flvc.org/edis/article/view/108707
work_keys_str_mv AT andrewschmitz commodityoutlook2003usandworldsugarmarkets