US Sells Sugar at Loss to Ethanol Maker to Ease Surplus – Bloomberg

by admin on September 3, 2013


Wall Street Journal
US Sells Sugar at Loss to Ethanol Maker to Ease Surplus
Bloomberg
The U.S. Department of Agriculture sold 7,118 short tons of beet sugar to an ethanol producer at a loss of $2.7 million as part of a program to reduce a domestic surplus of the sweetener and stave off government subsidies. The sugar was purchased by
US Actsto Lift Sugar PricesWall Street Journal

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