I would not think the fact that the U.S. does not get along with Cuba has anything to do with the sugar market.
The U.S. has trade restrictions on foreign sugar to try and keep it out of our country so the price will be inflated enough so that U.S. growers can make a profit. In a checks and balance system the U.S. also has production quotas on U.S. sugar farmers. So much of the quota is given to beets and so much is given to cane.
Now the question I would have is where do you fall in (quota or trade restriction) since you grow the beets out of the country but use a plant in the U.S. to process your beets.
This topic is big news around here every year when the quota comes out because I live in a big sugar cane area. If you look at the big picture you will see all the jobs the U.S. has lost to plants that use sugar (candy makers and others) moving to Mexico or Canada to try and get away from high sugar prices. Do not get me wrong. I feel for the farmer and think some of them need help but like most government aid it benefits less than 2% of the farmers with 50% of the aid. Helping big mega farm cartels is not helping farmers in my book.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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