The USDA is probably going to “intervene” in the sugar market, for only the zillionth time « Hot Air

The USDA is probably going to “intervene” in the sugar market, for only the zillionth time « Hot Air: "The USDA estimates it would need to buy 400,000 tons of sugar to boost prices to an “acceptable level,” said Barbara Fecso, an economist at the department. A purchase of 400,000 tons would amount to about 4.4% of projected U.S. sugar production in the marketing year that ends Sept. 30."

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