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To: Toddsterpatriot

I suspect that the corn industry actually supports the sugar price supports,as it means more high fructose corn syrup used in everything. They are 100x as powerful as the sugar lobby.


10 posted on 07/16/2007 9:01:28 AM PDT by sittnick (There is no salvation in politics.)
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To: sittnick
You've put your finger right smack on it, m'friend. ADM (world's largest HFCS producer) and the sugar lobby are, and have been, in an unholy alliance for decades. Further, between them, they own more 'Critters and Senators than any other single lobby. Bought and paid for, fee simple.

Their push for higher imported sugar tariffs and higher floor prices right now is due almost entirely to the (government-ordered, via ethanol) price increase in corn. HFCS isn't competitive @ $4.00 corn with the sugar tariff where it is now (although, to be fair, corn is limit down today, and I don't fancy corn staying at $4.00 continuously for any great period of time, absent a really bad crop some year).

Thus, increasing the already artificially high sugar price in the US is tailor-made for ADM's purposes.

23 posted on 07/16/2007 9:22:42 AM PDT by SAJ
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To: sittnick
as it means more high fructose corn syrup used in everything.

That stuff will make you fat as a cow.

26 posted on 07/16/2007 9:26:54 AM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: sittnick

You are exactly right ADM & Cargill would never let this happen.


30 posted on 07/16/2007 9:31:18 AM PDT by Vinnie_Vidi_Vici
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