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Registros recuperados: 4
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A Primer on US Sugar in the 2007 US Farm Bill AgEcon
Beghin, John C..
This background paper is devoted to US sugar policy. A first section describes the features and economics of the US sugar program; a second section is devoted to the welfare and trade effects of the US sugar program; and a final section reports on potential emerging reforms, their expected effects, and implications. Beyond well-established findings on the social cost and inefficiency of the US sugar program, the main findings of this paper are as follows. The current sugar program is becoming unsustainable because sugar imports are progressively creeping into the US market through regional trade agreements, eventually inducing large sugar inventories, or contracting domestic production to unpalatable low levels in order to maintain high internal prices....
Tipo: Working or Discussion Paper Palavras-chave: Dispute; HFCS; NAFTA; Sugar; Sugar program; Sweetener; Trade; TRQ; US farm bill; Agricultural and Food Policy.
Ano: 2007 URL: http://purl.umn.edu/9374
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An Economic Analysis of Corn-based Ethanol Production AgEcon
Koo, Won W.; Taylor, Richard D..
A global multi-commodity simulation model was developed to estimate the impact of changes in ethanol production on the U.S. corn industry. Increased ethanol production under the Energy Acts of 2005 and 2007 resulted in a significant increase in the price of corn. However, for corn-based ethanol production, the break-even price of corn is approximately $4.52 per bushel with a federal subsidy of $0.51 per gallon of pure ethanol and $2.50 gasoline. With a corn price of $4.52, the economically desirable ethanol production is approximately 11 billion gallons. In order to produce 15 billion gallons of corn-based ethanol and to maintain the price of corn at $4.52 per bushel, supply of corn in the U.S. should be increased substantially through increases in corn...
Tipo: Report Palavras-chave: Ethanol; Price impacts; Supply; Demand; Econometric simulation; HFCS; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6201
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Farm Policies and Added Sugars in US Diets AgEcon
Beghin, John C.; Jensen, Helen H..
Major changes in the use of US sweeteners have occurred since 1970, in both the amount and composition. Increased consumption of caloric sweeteners, especially in beverages, has been linked to excess energy intake and lower-quality diets. We examine how US farm policies (specifically agricultural research and development [R&D] expenditures and commodity programs) have affected the consumption and composition of sweeteners in the US diet. R&D expenditures have lowered the unit cost of most commodities and increased their use in food production, ceteris paribus, although corn has benefited more than sugar crops in the technical progress. Commodity programs have raised the price of sugar and decreased the price of corn; high fructose corn syrup (HFCS)...
Tipo: Working or Discussion Paper Palavras-chave: Added sugar; Agricultural policy; Caloric; Corn; Diet; Farm policies; HFCS; Subsidy; Sugar; Sweetener; Agribusiness; Crop Production/Industries; Food Consumption/Nutrition/Food Safety; Production Economics.
Ano: 2008 URL: http://purl.umn.edu/6308
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THE MEXICAN SWEETENERS MARKET AND SUGAR EXPORTS TO THE UNITED STATES AgEcon
Andino, Jose; Taylor, Richard D.; Koo, Won W..
This study analyzes the effect of a potential increase in sugar imports from Mexico on the U.S. sugar price, and its consequences for producers and consumers. Additional sugar imports would cause a substantial reduction of sugar prices in the United States and consequently an increase in consumption. Due to low commodity prices, acreage and total production of beet and cane sugar in the United States are expected to fall. Under these circumstances, social welfare in the United States may increase; however, welfare benefits may go to food processors rather than consumer households. By contrast, increases in sugar imports would substantially hurt sugar beet and cane producers.
Tipo: Working or Discussion Paper Palavras-chave: Mexican Sugar; HFCS; NAFTA; U.S. Sugar; International Relations/Trade.
Ano: 2006 URL: http://purl.umn.edu/23490
Registros recuperados: 4
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