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Our government has been limiting sugar imports forever, to maintain a domestic production capacity. In the end all we ended up doing is providing the impetus fo
by mark-r 10y ago
Our government has been limiting sugar imports forever, to maintain a domestic production capacity. In the end all we ended up doing is providing the impetus for a substitute - the production is going away anyway.
- scurvy 10y agoThe price of sugar also crashed this year. It rebounded only to start crashing again. I think economics played a large role in Hawaii.
- deleted 10y ago[deleted]
- dnautics 10y agoActually that's untrue. There's very little domestic cane sugar (beet sugar only can be turned into white sugar). Government has been limiting sugar imports with a tariff regime because a single family runs the Dominican refineries and they lobby Congress to keep tariffs up everywhere but there and thus secure a monopoly. https://en.m.wikipedia.org/wiki/Fanjul_brothers https://en.m.wikipedia.org/wiki/Fanjul_brothers If you are a small household cook you may not know this but you should buy all of your white sugar in the fall when the Montana beet crop comes in and drops the price (though commodity options trading may have smoothened that out a bit in recent years)
- maxerickson 10y agoIt costs less than $1 a pound in small packages. It's probably not worth thinking about it unless you use quite a large amount of sugar.