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Continued: Taxpayers face payouts on sugar supports

  • Article by: JIM SPENCER and MIKE HUGHLETT , Star Tribune staff writers
  • Last update: March 13, 2013 - 9:52 PM

But opponents of the U.S. sugar program say import limits and loan guarantees have cost sugar users billions of dollars in artificially inflated prices over the years. One of those opponents is the Coalition for Sugar Reform, a group of candy and food producers and free market advocates.

In a statement Wednesday, the group said, “A Depression-era government loan program may force the U.S. Department of Agriculture — and ultimately, American taxpayers — to purchase excess U.S. sugar to keep prices high.”

jim.spencer@startribune.com • 612-673-4503

mike.hughlett@startribune.com • 612-673-7003

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  • Refined beet sugar sold for 28.50 cents a pound in February, according to USDA data, down from 51 cents in February 2012.

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