Also in this playlist...
This transcript is automatically generated
Scandal of IRS.
Well heading into this month's congressional farm bill debate believe it -- not sugar has come -- -- -- -- almost 3% over three years it's a big commodity.
For a big -- industry -- makers or open a sea change in the current sugar program.
Joining me -- from Nashville is executive vice president of southern candy treat -- cluster.
Has pain and Lance.
Southerners love your candidate we should say first and foremost but you do not love what you're saying.
With sugar prices what can you do about it.
Well thanks -- first -- first offer having a son suffered and talk about -- very important issue for the American taxpayer.
-- reform act is going to help keep jobs in this country help lower the prices not just candy items that are that are produced in America.
But also other food items such as breads and catch up barbecue sauce.
OK so it's the so it's different things that you want to target -- I know that this is from.
Senator gene Shea he did she -- right a very interesting I think.
Article frankly about the fact that know what we're saying with these prices affecting every commodity it is affecting.
Many American consumers and it does affect jobs talk about -- company -- mean you're a hundred year old brand.
Had even expanding have you been higher -- I mean his business been affected at all -- what you're saying with commodity prices you have to like go the few folks.
Well sugar being artificially inflated because of this.
Provision in the farm bill obviously doesn't help us and I started to see some of my competitors -- some of their production.
To Mexico where they're not regulated on the sugar prices.
Just to be more competitive even in our own country.
But overalls Americans were just paying more in general for things that have sugar and then because of this this artificial pump price is built into to sugar.
The -- this -- reform act.
Will allow us to see some relief not a -- asking for a complete obliteration of what's been already -- forward just.
Return to some analysis if you will on on on this on this price of sugar.
Okay there right now it just didn't just a friend it up he was shot eighteen point 75 cents is the is the rate we'd like to see it come down for pound 218 cents per pound.
Okay eighteen cents -- -- that is your goal how concerned -- you that about the Mexico which I wanna go back to that just for a moment because.
You know with free trade obviously we've seen a lot of quote ugly American industries -- manufacturing activities that have gone down to Mexico -- you can still hear me.
That have gone down to Mexico do you think that's gonna continue to second -- hurt your business.
-- It's not gonna hurt our business because we manufactured in Tennessee but it doesn't it doesn't help our our cause to create more jobs.
If you look at the -- if you look at the bigger the bigger picture but the sugar industry is.
It's 5000 farms 181000 jobs.
The candy manufacturing industry in this country is over 200000 jobs -- really we have here is is a tail wagging the dog issue.
We're we're -- a bunch of privately held farms that are.
Of a very wealthy sure farmers with a lobby that is is pushing back on a much greater job creating force which is the candy industry in America.
And of course you know fight Washington's going to be all about farm subsidies and -- the farm belt bullied or not that is going to be a very fun and interesting debate along with all the the things -- the developing a Washington.
Right now -- -- -- -- know clusters I know a lot of our producers love them thank you very much.
Thank you for having -- --
Filter by section