Rep. Yoho pushing resolution to end sugar subsidies

The American Sugar Alliance is praising a resolution sponsored by Rep. Ted Yoho (R-FL) that would end what the group calls the U.S. “no-cost sugar policy” if foreign countries end sugar subsidies. The impetus behind what the group – representing U.S. sugar producers – calls a “zero-for-zero” approach holds that foreign subsidies are at fault for “keeping world sugar prices below the average world cost of production and preventing a true global free market from forming,” it said in a...