Tuesday, December 2, 2008

Obama pledges support of domestic sugar

Just weeks before the November election, President-elect Barack Obama sent the U.S. sugar industry a letter pledging his support of a vibrant domestic sugar sector. The letter focused on three issues of particular importance to sugar producers: The new Farm Bill, renewable energy, and international trade. As I stated in an earlier blog, it will be interesting to see how this all plays out, once President-elect Obama becomes President Obama. Sugarbeet and sugarcane growers have to be pleased that Obama has at least pledged his support, whether they voted for him or not. Leading up to the election, McCain made it abundantly clear that they weren't going to get his support. Speaking of support, Secretary of Agriculture Ed Schafer reported that "crop supports have fallen from $11 billion to $810 million in three years." That's a pretty remarkable drop. Sharply increased commodity values for most crops must have had more than a little to do this reduction.

2 comments:

They call him James Ure said...

This is great news. He's following through on his commitment to renewable energy. He understands the importance of the American farmer and how agriculture is still very vital in our modern world.

We are developing every little parcel of former farm land at our own peril. It's exciting to see how Obama is charting a new and exciting course.

Lori said...

Wow, I had no idea that crop supports fell so much--that's huge!!! I am so happy with Obama right now. It's great that he's been so proactive, and it's definitely good to hear that he's all about renewable energy. I'm impressed that he has singled out the sugar industry with that letter! Sounds like our new president will have a positive impact on both of us, career-wise! :)