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U.S. Sells Sugar at Loss to Ethanol Maker to Ease Surplus

2013-09-09 07:42:39| Sugar Industry News

The U.S. Department of Agriculture sold 7,118 short tons of beet sugar to an ethanol producer at a loss of $2.7 million as part of a program to reduce a domestic surplus of the sweetener and stave off government subsidies.

Tags: loss ease sugar maker

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