3 ms·
You bring up a lot of good points. But in regards to: >...This is why high fructose corn syrup is cheaper than cane/beet sugar, and why HFCS is so widespread
by opo 4y ago
You bring up a lot of good points. But in regards to:
>...This is why high fructose corn syrup is cheaper than cane/beet sugar, and why HFCS is so widespread in US food production.
As you point out corn subsidies lower the cost for HFCS, but the US also uses import restrictions to keep the US sugar price much higher than what it is in other countries:
>...The US sugar industry receives enormous government support and protection from foreign competition. The sugar program has changed over time, becoming a complex set of rules developed to promote sugar production primarily at the expense of domestic consumers. The program has also affected foreign producers and consumers through import restrictions that have significantly reduced the world sugar price. Since the mid-1970s, as a result of the sugar program, the price of sugar in the United States has been almost twice as high as the price of sugar on the world market in most years.
https://www.aei.org/wp-content/uploads/2011/11/-sweets-for-the-sweet-the-costly-benefits-of-the-us-sugar-program_153001980761.pdf https://www.aei.org/wp-content/uploads/2011/11/-sweets-for-t...