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Table: The Sugar Wars


News: Analysis & Commentary: SUBSIDIES

TABLE: The Sugar Wars

GROWERS SAY IF THE SUBSIDY IS CUT:

-- As many as 420,000 U.S. farm jobs would be lost

-- Farmers would face subsidized European competition

-- World sugar prices would soar, causing higher U.S. prices

BUYERS SAY IF THE SUBSIDY REMAINS:

-- U.S. buyers may be forced to move overseas

-- Consumers will pay an extra $1.4 billion annually

-- U.S. prices will stay 8 cents per pound higher than elsewhere

DATA: FLORIDA SUGAR CANE LEAGUE, U.S. SWEETENER USERS ASSN.


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