Entries by Philippa Levenberg

A Sweet Circular Firing Squad Starts to Form

For far too many years, big sugar exporters around the globe have been embroiled in a subsidy arms race by one-upping each other with egregious handouts. But now, the biggest producer and a major subsidizer itself, Brazil, has had enough as prices reach ludicrously low levels.

The Power of No-Cost Sugar Policy

Outsourcing U.S. sugar jobs to subsidized foreign producers was a top legislative initiative for the industry – and Big Candy was willing to claim no-cost U.S. sugar policy was causing them irreparable economic harm in order to win. It didn’t work. Confectioners lost all five congressional votes taken on sugar policy during the debate.

A New Subsidized Sugar OPEC Emerging?

These are interesting times in the world sugar market as sugar stockpiles rise by nearly 20-million tonnes around the globe and prices crash to levels that cover barely half the cost of producing the crop. In short, it’s a horrible time to be in sugar.

Nebraska Leadership Key to Farm Bill Victory

We worry about the weather (hail, drought/irrigation water, freezes, etc.), which has become more and more unpredictable. We worry about there being a decent price for sugar once we harvest. We worry about the rising cost of farming, the amount of money we have to borrow every year, and the rising interest rates on those notes.