World Sugar Price Volatility Intensified by Market and Policy Factors

Michael McConnell, Erik Dohlman and Stephen Haley

Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2010, 8

Abstract: Rising pressure on sugar prices was intensified by supply disruptions in 2009, driving prices to double the long-term average. Higher production costs and growing ethanol use in Brazil set the stage for higher prices, but policy-induced production swings among Asian countries are the main source of price volatility in world markets. Although dramatic fluctuations in world prices have affected U.S. sugar prices, domestic sugar policy continues to drive U.S. sugar price movements.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersaw:121895

DOI: 10.22004/ag.econ.121895

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