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From: gordon@cae780.UUCP (Brian Gordon)
Newsgroups: net.followup
Subject: Re: The New COKE (actually sugar prices)
Message-ID: <950@cae780.UUCP>
Date: Fri, 31-May-85 15:27:10 EDT
Article-I.D.: cae780.950
Posted: Fri May 31 15:27:10 1985
Date-Received: Thu, 6-Jun-85 02:36:07 EDT
References: <1382@amdcad.UUCP> <666@vortex.UUCP> <1152@islenet.UUCP>
Reply-To: gordon@cae780.UUCP (Brian Gordon)
Organization: CAE Systems, Sunnyvale, CA
Lines: 17

In article <1152@islenet.UUCP> bob@islenet.UUCP (Bob Cunningham) writes:
>
>As a result, cane (and probably beet) sugar is currently a glut on the world
>market.  Here in Hawaii the sugar cane plantations are gradually closing
>down.  If the U.S. government didn't have a "floor" price support for sugar
>(which is anyways too low, according to the sugar people), they'd already
>be out of business.  

Funny you should mention it - a local consumer affairs radio program was 
mentioning that while the U.S. wholesale price of sugar is around 21 cents
a pound, the world price hovers at 2 to 2 1/2 cents, so we consumers pay
about 10 times the going rate ...  I guess it all depends on your point of
view.

FROM:   Brian G. Gordon, CAE Systems
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