USDA Announces 38 Million Dollar Sugar Bailout to Prevent Big Sugar Bailout

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Sugar in this country is colossally messed up. Really we shouldn’t even be growing sugar crops in this country as the countries to our south can do it for less than half the price. But the Louisiana, Mississippi, and Hawaii cane growers have a powerful lobby.

(From LivingNotSurviving.com)

The Department of Agriculture announced that it will implement an estimated 38 million dollar  minor bailout in sugar purchases to  ”forestall a larger bailout” that could range between 100 and 300 million dollars if farmers default on federal loans.

Click here for the article.

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