Sugar Economist Says Industry in a Sweet Spot
By Timothy Boone
The Advocate
An economist with a sugar group said stable prices, stable demand and an agreement with Mexico has the industry in a sweet spot.
“I’ve got to tell you, of my 30 years in the industry this is the most optimistic I have ever been,” said Jack Roney, director of economics and policy analysis for the American Sugar Alliance, a national coalition of sugar cane and sugar beet growers, processors and refiners. Roney was in Baton Rouge Tuesday for the American Sugar Cane League’s annual meeting. About 400 people are attending the meeting, which wraps up Wednesday at L’Auberge Baton Rouge.