Jenkins: USDA can avert higher sugar prices

01/25/2012 | FoodNavigator ·

Frank Jenkins, president of Jenkins Sugar Group, said a sugar production shortfall in Mexico will spur higher sugar prices unless the Department of Agriculture takes action. "The extent to which the reduced Mexican availability will manifest itself in higher prices for food manufacturers will depend 100% on the USDA's willingness and ability to allow additional imports from the other quota holders on a timely basis," he said.

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