SOURCE: Industrial Info Resources

Industrial Info Resources

April 30, 2014 06:15 ET

U.S. Sugar Industry in Dust-Up Over Cheap Imports From Mexico, Capital Expenditures Remain Steady, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Apr 30, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The U.S. sugar industry is in an uproar over sugar imports from Mexico that could result in a $1 billion loss in net income by domestic producers for the most recent crop year. The American Sugar Alliance and other groups have asked the U.S. Department of Commerce to launch an investigation, claiming sugar imports, which are subsidized by the Mexican government, are being dumped on the U.S. market and have cut the price of raw sugar in half since 2011.

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