Jack Roney, American Sugar Alliance

With holiday baking in full swing, millions of Americans will likely be purchasing or consuming a little extra sugar this season. Jack Roney, Director of Economics and Policy Analysis for the American Sugar Alliance, explains why sugar prices have been dropping and how the "no cost" U.S. sugar policy removes some of the price volatility that historically plagued growers before its enactment. Roney talks about the sugar industry's use of Political Action Committee donations to influence Congress and describes how growers are willing to level the farm policy playing field around the globe. But citing the European Union as an example, he says it would be suicidal to eliminate all tariffs or buffers unless every other sugar-producing nation did so at the same time.Jack Roney