Statement of Corn Refiners Association President & CEO John W. Bode on the U.S. Sugar Industry's Anti-dumping and Countervailing Duty Petitions
WASHINGTON, April 18, 2014 /PRNewswire-USNewswire/ -- "American Big Sugar is the sole beneficiary of the only U.S. agriculture program that has not been reformed in modern times, a program that cost taxpayers $259 million in subsidies that went into Sugar's pockets over last year alone. In these circumstances it is irresponsible for them to assert that unfair foreign competition has depressed U.S. sugar prices at a time when imports declined and domestic production surged."
The Corn Refiners Association (CRA) is the national trade association representing the corn refining industry of the United States. CRA and its predecessors have served this important segment of American agribusiness since 1913. Corn refiners manufacture sweeteners, ethanol, starch, bioproducts, corn oil and feed products from corn components such as starch, oil, protein and fiber.
Visit us on the Web at www.Corn.org
CONTACT: David Knowles
SOURCE Corn Refiners Association