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May 16, 2008

Today's column: A sugar farmer objects

Sugar farmer Gene Adolph, of Adolph Farms, Napoleonville, Louisiana, writes:

"Big Sugar" what nomenclature! For years "Big Sugar" is to blame? Come visit us in South Louisiana where sugar has grown here for over 200 years. It's the only commodity that can withstand hurricane weather here. Do you want to lose America's investment in sugar? Brazil runs their country on sugar. The price I get paid for my sugar has dropped or remained stable for decades. Fertilizer and fuel costs are rising exponentially...they have quadrupled within the past five years. "Big Sugar?" I don't live in a mansion (or even own a home) my kids go to public schools and our sugar industry is trying to survive as it is. Come visit South Louisiana...we will show you many small family farms you equate with "Big Sugar." Please come see for yourselves.

He was replying to this column:

THOSE CHAMPAGNE corks heard on the Inner Harbor yesterday may well have been popping at Domino Sugar, where the high prices and corporate welfare are sweeter than anything that gets loaded on the trucks.

Congress' veto-proof passage of the 2008 farm bill ensures that Domino's proprietor, the Fanjul family, and fat-cat farmers across the nation will keep wallowing in trade protections that disappeared decades ago for other industries.
But while the bill is good for Domino, its 400 Baltimore jobs and a few agri-corporations, it hurts everybody else.

If you're having trouble figuring out why the legislation makes people so upset, a good place to start is to understand how it lets Domino and other producers charge twice the global market price for sugar and makes sugar welfare even worse.

Read the whole column HERE.

Posted by Jay Hancock at 11:06 AM | | Comments (0)
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.

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