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Sugar Letter to Secretary Vilsack - Aug509

Sugar Letter to Secretary Vilsack - Aug509

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Published by SugarcaneBlog
Large food companies warned the U.S. government that they could "virtually run out of sugar" if the Obama Administration does not change import restrictions. The Wall Street Journal reports that a letter from companies like Kraft, General Mills, Hershey and Mars to Agriculture Secretary Thomas Vilsack bluntly raised the prospect of a severe shortage of sugar used in chocolate bars, breakfast cereal, cookies, chewing gum and thousands of other products.The companies threatened to jack up consumer prices and lay off workers if the Agriculture Department doesn't allow them to import sugar from countries such as Brazil without the prohibitive 300% tariffs.
Large food companies warned the U.S. government that they could "virtually run out of sugar" if the Obama Administration does not change import restrictions. The Wall Street Journal reports that a letter from companies like Kraft, General Mills, Hershey and Mars to Agriculture Secretary Thomas Vilsack bluntly raised the prospect of a severe shortage of sugar used in chocolate bars, breakfast cereal, cookies, chewing gum and thousands of other products.The companies threatened to jack up consumer prices and lay off workers if the Agriculture Department doesn't allow them to import sugar from countries such as Brazil without the prohibitive 300% tariffs.

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Published by: SugarcaneBlog on Aug 13, 2009
Copyright:Attribution Non-commercial

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02/06/2013

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August5,2009TheHonorableThomasJ.VilsackSecretaryU.S.DepartmentofAgricultureJamieL.WhittenFederalBuilding1400IndependenceAvenue,S.W.Washington,DC20250DearMr.Secretary:Theorganizationsandcompaniesbelowurgeyoutoincreasethesugarimportquotaimmediately.Yourexpertsforecastunprecedentedshortageswithoutpromptaction.AccordingtoUSDA's
WorldAgricu!tura!SupplYandDemandEstimates,
theUnitedStateswillendthenextfiscalyearwith
lessthan13days'worthofsugaronhand,
unlessimportsareincreased.Ifthisforecastisaccurate,ournationwillvirtuallyrunoutofsugar.Theshortagedoesnothavetohappen.TheonlyreasonmarketsareforecasttobesotightistherestrictiveU.S.policyonsugarimports.Importsaresubjecttorestrictivequotas.Butyouhavetheauthoritytoincreasethesugarimportquota,andweurgeyoutodosoimmediately,bothforthecurrentfiscalyear-wherehighpricesalreadyindicateapainfullytightmarket-andfortheupcomingyear.Withoutaquotaincrease,consumerswillpayhigherprices,foodmanufacturingjobswillbeatriskandtradingpatternswillbedistorted.PleaseactnowintheinterestofallAmericans.Sincerely,AmericanBakersAssociationAmericanBeverageAssociationBlommerChocolateCompetitiveEnterpriseInstituteConAgraFoods,Inc.ConsumerFederationofAmericaCouncilforCitizensAgainstGovernmentWasteEmergencyCommitteeforAmericanTradeGeneralMills,Inc.GonellaFrozenProductsGroceryManufacturersAssociationTheHersheyCompanyIndependentBakersAssociationInternationalDairyFoodsAssociationKraftFoods

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