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Business Daily

The sugar price surge

Mar 12, 2024
18:12
Snipd AI
Exploring the journey of sugar from farm to candy shop, the US's costly protectionist policy on sugar imports, and the impact on prices. Visiting a candy store in New York and a sugarcane farm in Louisiana to understand the consequences. Hosted by Erin Delmore.
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Podcast summary created with Snipd AI

Quick takeaways

  • US sugar price inflated by protectionist policy, driving costs for consumers.
  • Insights into labor-intensive sugar production process, showcasing challenges faced by industry.

Deep dives

Challenges in the Sugar Industry

The podcast delves into the challenges faced in the sugar industry, particularly focusing on the rising costs of producing sugar. The episode highlights how sugar prices have increased significantly, impacting candy makers like Dave who notes the rising expenses of ingredients. The discussion reveals the complexities of maintaining competitive prices while facing escalating costs due to factors like labor and ingredient prices.

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