AG POLICY NEWS
Candy Makers Sour Over Sugar
Jerry Hagstrom DTN Political Correspondent
Tue May 14, 2013 05:25 PM CDT

WASHINGTON (DTN) -- Candy companies have been thriving and adding jobs even while they have lobbied Congress that sugar prices have caused them economic difficulties, according to a study by a University of Maryland finance professor. The American Sugar Alliance released the findings of the report Monday on the eve of Senate and House Agriculture Committee consideration of reauthorization of the sugar program.

Alexander Triantis, a University of Maryland professor who is the former chair of the university's finance department, said his examination of the financial performance of 10 large U.S. publicly held companies that produce "highly sweetened products" found ...

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