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English: World raw sugar prices since 1960 with selected production/use/policy notes. Prices from 1960 to 2010 are ICE spot sugar prices. Prices from 2011 onward are ICE contract 11 nearby futures prices. Data compiled by the USDA.
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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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In 2021, it banned imports of refined sugar that ran counter to a plan to build up domestic sugar processing and announced a $73-million project to expand sugar infrastructure. But those are ...
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 produced within the A and B quotum got a guaranteed support price, i.e. a minimum price whatever the actual world market price for sugar was. The support price for the A quotum was significantly above the world market price. [8] Sugar produced above the quotas, known as 'C-sugar' or 'out-of-quota' sugar, had to be exported outside of the ...
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