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Source: SOUTHERN FARM NETWORK, 5/18/18
By an overwhelming margin, the House rejected a sugar proposal Thursday put forth by Virginia Foxx of North Carolina that would have rewritten the government’s much-criticized sugar program, a web of price supports, loans and tariffs that props up prices for the commodity. Foxx’s sugar plan would have scrapped production limits, given the Department of Agriculture more power to boost sugar imports and eliminated a government program that sells surpluses to ethanol producers. For more of this story, click here.
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