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Commerce Department affirms Mexican sugar subsidies distort trade - Agri-Pulse - 9/17/2015 -

Agri-PulseWASHINGTON, Sept. 17, 2015 - The Department of Commerce today affirmed its earlier ruling that Mexico has been unfairly subsidizing its sugar producers and dumping surplus sweetener into the U.S. market at less than fair value.

The department said imports of sugar from Mexico have been sold in the U.S. at dumping margins ranging from 40.48 percent to 42.14 percent. Subsidy rates for exporters ranged from 5.78 percent to almost 44 percent, with most coming in at 38.11 percent, according to a DOC fact sheet.

Louisiana sugarcane awaits processing at LASUC mill in St. Martin ParishThe determination would normally allow the government to impose anti-dumping and countervailing duties on Mexican imports. However, Commerce in December signed agreements with the Mexican government, producers and exporters authorizing Mexico to export sugar to the U.S. without regard to any duties, but subject to export limits and minimum prices. READ THE FULL STORY AT AGRI-PULSE


PHOTO: A load of Louisiana sugarcane awaits processing at Louisiana Sugarcane Co-Op in St. Martin Parish at the start of the 2015 harvest season. Photo by Sam Irwin


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