Archives for December 19, 2012

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American Sugar Alliance: ‘The country is swimming in sugar’

By Elaine WATSON

Sugar prices in the US have fallen more than 40% since last summer and are now at “dangerously low levels for producers who are facing ever-increasing input costs”, according to Jack Roney, an economist with the American Sugar Alliance (ASA).

Diamond posts Q1 loss after walnut scandal

By Oliver Nieburg

Kettle Chips maker Diamond Foods has recorded a $10.7m loss in the first quarter of 2013 after incurring expenses for an investigation into improper payments to walnut growers.