The Hagstrom Report says almost 60 banks and certified public accountants that all do business with sugar growers fired off a letter to the House and Senate Ag Committees opposing the Sugar Policy Modernization Act. The legislation would make changes to the American sugar program. The bankers and accountants say in the letter, “We’ve had the opportunity to review the …
Fighting the Sugar Policy Modernization Act
Amendments designed to gut no-cost U.S. sugar policy were rejected three times on the Senate floor, two times on the House floor, and twice at the committee level during the 2014 Farm Bill debate. But with talks taking place for the 2018 Farm Bill, Phillip Hayes, spokesperson for the American Sugar Alliance, says backers of those defeated amendments are trying again …