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To: Salt'n'Peppa who wrote (123281)	8/14/2009 7:33:20 AM
From: tom pope	Read Replies (1) \| Respond to of 206114

I cannot believe there is such a thing as "The Sugar Policy Alliance". Where there's an economic interest, people will circle the wagons to defend it.

To: Salt'n'Peppa who wrote (123281)	8/14/2009 1:06:47 PM
From: elmatador	Respond to of 206114

The US is state-directed economy manipulated by strong lobbies. Therefore we bring it to WTO once a week because of its unfair trade practies. Ethanol is just another one. We have been trying hard to unlock that but the US keeps torpedoing the DOHA talks. Then it comes times like this when the tables are turned and we seat down and laugh: QUOTE A coalition of food companies including General Mills Inc., Kraft Foods Inc. and ConAgra Foods Inc. asked the U.S. government earlier this month to increase sugar-import quotas after inventories fell to a 34-year low and prices surged. Sugar Policy Alliance The Sugar Policy Alliance, which also includes Mars Inc., Krispy Kreme Doughnuts Inc. and Hershey Co., wants to import more from Brazil, the world’s largest producer of the sweetener, the Philippines and elsewhere, according to a letter sent to Department of Agriculture Secretary Tom Vilsack. Refined sugar rose as much as 3.5 percent and has gained in eight of the past nine sessions. The sweetener has rallied 19 percent this month. Refined sugar is up 82 percent this year and raw sugar has surged 96 percent. Raw sugar for October delivery advanced 0.2 percent to 23.01 cents a pound on ICE Futures U.S. in New York. The province of Maharashtra, the largest source of Indian production, cut its output forecast to as little as 4.6 million tons for the year starting Oct. 1, down from 5 million tons estimated June 29 and last year’s crop of 9.1 million tons. udop.com.br

To: Salt'n'Peppa who wrote (123281)	8/15/2009 12:00:11 PM
From: elmatador	Read Replies (1) \| Respond to of 206114

S'n'P looks low traffic today. Elroy must be liking his wounds perhaps he can't even seat yet. :-)

To: Salt'n'Peppa who wrote (123281)	8/16/2009 3:43:17 AM
From: elmatador	Respond to of 206114

They did no replenished the stocks as soon as sugar plummeted on the commodities drop of last year. Then weather struck and now they are in trouble. Look to China. As soon as stuff got cheap, they start replenishing copper, iron and oil com gusto U.S. food giants warn of sugar shortage, not the gas stations. Quite sure they are all camped outside DC asking for government help. U.S. food giants warn of sugar shortage: report By Reuters (Reuters) - Large U.S. food companies said the country could "virtually run out of sugar" unless the Obama administration eased import curbs, the Wall Street Journal said. In a letter to Agriculture Secretary Thomas Vilsack, the companies -- including Kraft Foods Inc, General Mills Inc, Hershey Co and Mars Inc -- said there could be a severe shortage of sugar used in chocolate bars, breakfast cereal, cookies, chewing gum and thousands of other products, the paper said. The companies warned they would hike consumer prices and lay off workers if the agriculture department did not allow them to import more tariff-free sugar, the paper said. Current import quotas limit the amount of tariff-free sugar the food companies can import in a given year, except from Mexico, suppressing supplies from major producers such as Brazil, the paper said. Sugar prices are poised to hit 30-year highs on a perfect storm of huge Indian imports and tight supplies. The U.S. Department of Agriculture, Kraft, General Mills, Hershey and Mars did not immediately return calls seeking comment that were made outside regular U.S. business hours. (Reporting by S. John Tilak in Bangalore; Editing by Clarence Fernandez)