U.S. sugar stocks are on a thirty-four-year nadir

The leading U.S. food producers, such as Mars recently warned the Obama government to take immediate steps, because they will soon run out of sugar. Many jobs can be a victim of the lack of sugar.

In the United States, the price of sugar slowly reach its thirty years top. India, which is the world's second largest sugar exporter, this year produced much more less sugar than expected, because of the less rainfall, while in Brazil, at the other key producer, excessive rains have caused problems. As a result, the range is highly diminished, while Asia has a growing demand. Despite U.S. sugar refineries are working at maximum capacity to provide sugar to the market, sugar stocks are still on their 34 year nadir – reports Pénzcentrum.hu.