Cane Sugar Supply Response in the United States

G. A. Zepp

No 307648, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: The major supply response in the domestic cane sugar industry would occur at raw sugar prices between $9.00 and $16.00 per hundredweight. At prices below $9.00, not very much cane sugar production is profitable in the long run. At prices above $16.00, most of the sugarcane production that is technically feasible is profitable. Present production of about 3 million tons of raw sugar could be maintained in the long run at a raw sugar price of approximately $14.00 per hundredweight. Regional production patterns, however, would change at this price. Florida and Texas production would increase, while Hawaiian production would probably decrease. Louisiana production would remain about the same.

Keywords: Crop Production/Industries; Demand and Price Analysis; Production Economics (search for similar items in EconPapers)
Pages: 39
Date: 1977-03
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307648

DOI: 10.22004/ag.econ.307648

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