Sweeteners / Ingredients / Industry News

USDA says Sugar Prices May Stay High in 2012

January 19, 2012
KEYWORDS costs / government / sugar
/ Print / Reprints /
ShareMore
/ Text Size+

 

 

FoodNavigator’s Confectionerynews.com says that the United States Department of Agriculture (USDA) indicates sugar prospects for the future will probably stay higher than in the past when the original reform measures were being considered. A USDA report cited external factors such as government policies, oil prices and instability in the Eurozone.

"The Indian production cycle and government policies are the main source contributing to an expected continuation of world sugar price variability. Government policies that intervene in sugar markets are assumed to continue," it said.

Projections from the Organization for Economic Cooperation and Development (OECD) from 2011/12 through to 2020/21 put the average price of sugar at $518.5 per metric ton (U.S.), which is 48% higher than the $349.5 per ton average from the earlier period.

"The figure shows future price volatility, with a low of $454.1 per ton in 2012/13 and a high of $608.7 per ton in 2015/16," the report stated.

Source: www.confectionerynews.com, www.sugarinfo.co.uk

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

New chips off the old block

Here’s our tour of potato chip producer, Ballreich Bros., our 2014 Snack Food Manufacturer of the Year. 

5/1/13 8:00 am EST

Food Safety Summit Conference & Expo - Live Webinar Sessions

The Food Safety Summit offers the opportunity to attend and participate in these selected sessions remotely by registering and joining in LIVE from your computer.

THE MAGAZINE

Snack Food & Wholesale Bakery Magazine

Cover Image

2014 April

Come check out the latest edition of Snack Food & Wholesale Bakery! This month's edition features a special look into the family-owned Ballreich Bros. manufacturer in Tiffin, Ohio.

Table Of Contents Subscribe

What’s for breakfast?

What’s your favorite grain-based breakfast food?
View Results Poll Archive

THE SNACK AND BAKERY STORE

organic-production-&-food-q.gif
Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!

STAY CONNECTED

Facebook IconTwitter IconYoutube IconLinkedIn Icon