Last week the sugar trade gathered in bustling NYC to network and to gather opinions on the current risks, challenges, and opportunities in the global market. Some Key-Takeaways... Over-Quota (Higher Tier) Tariffs Imports exceeding the TRQ are subject to a Tier 2 tariff of 15.36 cents per pound for raw sugar and 16.21 cents per pound for refined sugar. Domestic producers are currently lobbying for an increase in Tier 2 tariff rates, arguing that global oversupply has made current rates...

Co-hosted by the Sweetener Users Association and the International Dairy Foods Association, the International Sweetener Colloquium offered a unique opportunity for key players across sectors to discuss the most pressing issues facing the global sweetener industry. Compared to previous events, there was greater agreement between speakers on the major issues impacting the industry. Our key takeaways.... Too much supply, not enough demand The consensus from most of the speakers was that there is...

Paul Farmer, CEO of CSC Sugar, will join a panel of experts at the International Sweetener Colloquium to discuss U.S. Sugar Program Administration and Policy Challenges. He will engage with Bill O’Connor of Watkinson Miller PLLC, Rob Johanssen of the American Sugar Alliance, Randy Green of Watson Green LLC, and Barbara Fecso of the USDA to offer his unique insights from the perspective of a US trader and refiner. U.S. Sugar Program Administration & Policy Challenges The One Big Beautiful...