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Do corn farmers have too much faith in the sugar program?

Do corn farmers have too much faith in the sugar program?

Journal of Agricultural and Resource Economics 18(1): 86-95

The US sugar programme, a controversial and expensive programme which maintains a high domestic sugar price, has been publicly endorsed by the National Corn Growers Association. US maize producers frequently have been told that the sugar programme provides an important stimulus to maize demand through its positive influence on the high fructose corn syrup sector. This paper quantifies the extent of this support and finds it to be very small: not more than 3 cents per bushel, and probably less.

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Accession: 002348784

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DOI: 10.2307/40986778

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