Content Section
SUGAR SUGAR

U.S. to Bail Out Sugar Processors?

Here’s a sweet deal. The USDA is mulling buying 400,000 tons of sugar to prevent defaults by sugar processors. Sugar prices have fallen dramatically since the USDA began a government price-support program and loaned $862 million to the processors. The resulting higher prices of this bailout would hurt major candy companies like Mars Inc. and Hershey Co.

March 13, 2013 9:17 AM