July 31, 2013
Dear Member of Congress:
Sugar is the world’s most distorted commodity market. More than 100 countries produce sugar and more than 100 countries subsidize its production, which exposes grocery shoppers and food makers to extreme price volatility. Free-market reform is needed to bring more certainty and stability to the marketplace for consumers.
However, the United States alone cannot bring about such reform. Heavily subsidized sugar exporters like Brazil, Thailand, Mexico, India, Guatemala, Colombia and Europe, which control about three-quarters of all sugar exports, must be pressed to eliminate market distortions.
Efforts to unilaterally disarm U.S. sugar policy before such changes materialize will do nothing to further free-market principles while leaving American consumers dependent on other countries for a vital food ingredient.
A new resolution by Congressman Ted Yoho (R-FL) provides the path forward to reforming global subsidies and U.S. policy. It advocates a halt to all market-manipulating policies worldwide, without jeopardizing U.S. jobs or America’s ability to produce a homegrown crop.
We encourage you to join other free-market advocates in cosponsoring Congressman Yoho’s resolution, H. Con. Res. 39, which is commonly called the zero-for-zero sugar policy.
American Conservative Union
Americans for Job Security
60 Plus Association
Institute for Liberty
Let Freedom Ring
President and CEO
Frontiers of Freedom
Institute for Policy Innovation
Vice President Public Policy
Americans for Limited Government