AG POLICY NEWS
Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Thu May 23, 2013 10:25 AM CDT

Well, the sugar fight was resolved on the Senate floor Wednesday.

It was a fascinating debate, though it was also incredibly illogical.

Arguments from senators to open up the U.S. sugar market were that Americans pay $14 billion more or so for food with sugar than if the U.S. didn't have such protectionist measures for U.S. sugar growers.

Fair enough. But the Congressional Budget Office stated that scrapping a portion of the sugar protections would save taxpayers about $82 million over 10 years.

Never have I seen such a bogus budget score.

Outside of oil, perhaps no two products dominate ...

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