By: Cm Staff

Food giants General Mills, Hershey Co., Mars Inc. and Kraft Foods alerted the U.S. Department of Agriculture in August that the country will experience a severe sugar shortage by the end of this year if the government does not increase the amount of tariff-free sugar it allows to be imported. Such a shortage would drive up the price of sugar and thus a litany of food products, as sugar is pervasively used in most products throughout the food industry.

The price of domestic sugar in the United States is already twice the world average, having been artificially inflated for years to support American farmers in the Midwest, who would otherwise be unable to compete with cheaper imported sugar. While some see the subsidy as a prime example of special interest pork barrel spending, others contend that relying exclusively on imports for food and basic commodities is a national security risk.