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Sugar beets are the other leading raw material for manufactured sugar in the United States. This is a sturdy crop grown in a wide variety of temperate climatic conditions and planted annually. Sugar beets can be stored for a short while after harvest, but must be processed before sucrose deterioration occurs.
Sugar Prices 1962-2022 USD per pound. The sugar industry subsumes the production, processing and marketing of sugars (mostly sucrose and fructose).Globally, about 80% of sugar is extracted from sugar cane, grown predominantly in the tropics, and 20% from sugar beet, grown mostly in temperate climate in North America or Europe.
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U.S. Sugar Corporation is a privately owned agricultural business based in Clewiston, Florida. [3] The company farms over 230,000 acres of land in the counties of Hendry , Glades , Martin , and Palm Beach .
The Sugar Association is a trade association for the sugar industry of the United States. Its members include nearly 142,000 growers, processors and refiners of sugar beet and sugarcane plants. [ 1 ]
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By 1931, sugar prices had fallen from a pre-Depression level of 7 cents per pound to just one and one half cents per pound. [1] The US market for sugar was the largest in the world, consuming some 6,000,000 tons per year. [2] Of this, the US sugar industry supplied only about a third, while the rest consisted of foreign imports.
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