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In for almost a penny.(sugar prices)(Editorial)
DURING THE PAST 25 YEARS or so, most folks have become resigned to the rapid pace of change that impacts every aspect of our lives. The mind-boggling strides in computer technologies are easily the first to spring to mind, and I'm pretty hard-pressed to name another development that hasn't in some way sprung from advances in the digital world where everything can be reduced to a combination of zeros and ones.
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So much of what we have come to accept as indispensable and common-place--our laptops, cell phones, PDAs, email, digital cameras, even the scan data that drives so many buyers' decisions and production schedules, all spring from those seemingly endless strings made up of two simple digits.
But for U.S. candy makers, what might be the best news in recent years comes not from all those ones and nones, but from an entirely underestimated number altogether.
In fact, the future just might be brought to us by the number two--the number of congressional votes that put the Central American Free Trade Agreement (CAFTA) over the top. It's also the number that put the first chink in the armor that has long protected U.S. sugar prices while at the same time putting thousands of candy makers on the streets.
It's been a long time coming, it's long overdue and it happened in spite of loud protestations that CAFTA and other trade deals herald nothing but death and mayhem for the sugar industry. It's a disaster waiting to happen, they say, the first crack in the gates that could lead to a flood of imported sugar that will crush domestic growers ...
- Johanns: CAFTA no problem for sugar.
- Newspaper article from: Agweek (Grand Forks, ND) April 19, 2005 700+ words
...lt;cb>opponent of CAFTA, says no sugar producer group favors CAFTA. Peterson speculates that...import quotas to keep U.S. sugar prices at high, stable levels compared...co-sponsored a group, CAFTA Action Caucus, to defeat...
- Boost for CAFTA: Commerce secretary touts pact in Valley stopover.
- Newspaper article from: Valley Morning Star (Harlingen, TX) May 18, 2005 700+ words
...organization is opposed to CAFTA because it will not only hurt...are 100 percent opposed to CAFTA and we say it in two words...market will cause a free fall in sugar prices. Dalton Yancy, a lobbyist...that ton. He also said that CAFTA would lead to other treaties...
- Bitterness over CAFTA; Sugar industry fights free-trade agreement.(BUSINESS)
- Newspaper article from: The Washington Times July 11, 2005 700+ words
...and Capitol Hill observers. CAFTA-DR would bind the United...Sugar growers argue that the CAFTA-DR increase would disrupt a federal quota system and send sugar prices - and their livelihoods - plummeting...clear and specific reason. CAFTA will greatly harm Louisiana...
- Sugar-state Congressmen key DR-CAFTA swing votes.
- Newspaper article from: Food & Drink Weekly August 8, 2005 700+ words
...in the end he voted for DR-CAFTA after House GOP leaders assured...in the new farm bill. DR-CAFTA allows countries to increase...it will be enough to lower sugar prices, cost jobs and set a dangerous...perceived as defeating DR-CAFTA, a top priority for President...
- CAFTA's benefits.(EDITORIALS)
- Newspaper article from: The Washington Times June 26, 2005 700+ words
...American Free Trade Agreement (CAFTA) would generate undeniable...a massive battle to defeat CAFTA. "Big Sugar" already costs...and jobs) overseas, where sugar prices are much lower. Big Sugar...considered, and addressed, in the CAFTA negotiations with El Salvador...
- Sugar industry fights CAFTA agreement.
- Newspaper article from: Washington Times (Washington, D.C.) July 11, 2005 700+ words
...and Capitol Hill observers. CAFTA-DR would bind the United...Sugar growers argue that the CAFTA-DR increase would disrupt a federal quota system and send sugar prices -- and their livelihoods...clear and specific reason. CAFTA will greatly harm Louisiana...
- CAFTA and American industries.(LETTERS)
- Newspaper article from: The Washington Times June 30, 2005 700+ words
...apparel industry, passage of CAFTA is a strategy that helps keep...Organizations (NCTO) Arlington * "CAFTA's benefits" (Editorial...marginal increases in imports. CAFTA opponents believe protectionist...moved overseas to escape high sugar prices. That's almost 6,800 jobs...
- U.S. sugar producers say CAFTA could cost them not just jobs, but farms.
- Newspaper article from: San Antonio Express-News (San Antonio, TX) July 6, 2005 700+ words
...sugar, would lay barren, CAFTA detractors say. Hidalgo...producer to openly support CAFTA. "In my mind, it's not...figures that artificially high sugar prices have cost her company sales...maintains its opposition to CAFTA, calling the congressional...
Source: HighBeam Research, In for almost a penny.(sugar prices)(Editorial)