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Halloween and other scary sugary bits - with Shirley Gutkowski

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The American Sugar Alliance posts decreasing wholesale prices of sugar worldwide. However, the cost of sugery goods is increasing, how is that???

  • U.S. sugar prices are lower than 30 years ago, candy bar has increased 300% over that time.
  • Food manufacturers pocket the windfall from falling sugar prices—down 50% since 2010—instead of sharing the savings with consumers.
  • U.S. confectioners boast higher profit margins than major oil companies and even casinos, according to Yahoo!Finance statistics.
  • Manufacturers of sugar-containing products have added jobs since 2006, while employment by other food manufacturers has fallen 3%.
  • U.S. sugar prices are lower today than 30 years ago, yet the price of a candy bar has increased 300% over that time.
  • Food manufacturers pocket the windfall from falling sugar prices—down 50% since 2010—instead of sharing the savings with consumers.
  • U.S. confectioners boast higher profit margins than major oil companies and even casinos, according to Yahoo!Finance statistics.
  • The press has reported dozens of major U.S. expansion projects by candy makers since 2012.
  • Manufacturers of sugar-containing products have added jobs since 2006, while employment by other food manufacturers has fallen 3%.
  • Return on equity for big sugar-containing product producers was 47% higher than the overall food-processing industry from 2004 to 2012.

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