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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (476)	9/14/2005 1:11:14 AM
From: Elroy Jetson	Respond to of 220075

For many years the Soviet Union bought Cuban sugar at ten times the world price -- but now buys at the going rate. Just like the Soviet Union, every industrialized nation has long had sugar tariffs or subsidies which favor domestic production or production in one of their former colonies. While the former Soviet Union has abandoned non-market purchases, the remainder of the industrialized world has not. Similar tariff walls exist for bananas, coffee and cacao with most industrialized nations favoring their own producers in former colonies or a nation with whom they have long standing ties. The bottom line is the world price of sugar is 90% less than the price in industrialized nations and a similar support system and price disparity exists for most agricultural products. .