Slumping sugar prices cost U.S. taxpayers $53.3 million

  • Article by: Jim Spencer and Mike Hughlett , Star Tribune staff writers
  • Updated: October 1, 2013 - 6:52 AM

A price support system required the purchase of more than 272 million pounds of sugar.

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staransicklSep. 30, 13 4:20 PM

The amount of stupidity in this government is mind boggling! Why should this slump cost me a dime?!

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crimepaysSep. 30, 13 4:39 PM

Is the same Government that says it can do better a better job of running our health care system than the private sector?

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candcduluthSep. 30, 13 4:41 PM

This is nothing but corporate welfare!!! Our system is completely out of control.

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garagewineSep. 30, 13 4:51 PM

Central planning is hard work.

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spruce1Sep. 30, 13 5:15 PM

Nothing new here - do a little research on sugar price supports and realize that this has been going on for a long, long time.

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georgina17Sep. 30, 13 5:20 PM

And the Republicans refuse to cut price supports because they know that the real crime is some people claim to be hungry but don't really need food stamps. I think they get better contributions from the big agribusiness lobby than the poor individuals.

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Truckman182Sep. 30, 13 5:22 PM

The GM bailout could cost tax payers in excess of $12 billion...... $53 million is a rounding error for the government....

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Mark27Sep. 30, 13 5:23 PM

The money should go to all the Crystal Sugar employees locked out for a year and a half while the fatcat sugar growers were trying to slash their benefits.

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redeye12Sep. 30, 13 5:31 PM

Subsidize the farming. When they over produce, buy the surplus and then sell it for $0.25 on the dollar. I don't car what political party you support. If you can't call this absolutely moronic and a waste of money, you aren't paying attention. Our politicians are beyond inept. Their waste is criminal.

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getlanceSep. 30, 13 6:02 PM

I like Amy Klobachar, but supporting our MN sugar beet farmers is one of the rotten things she has to do to support her constituents and keep her job. We've got to think like Brazil and turn this into gas for our cars to end this subsidy lunacy. We then would have proper prices for sugar and stop eating so much of it, saving tons on medical bills for what this stuff does to us - especially to our kids.

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