Probably this industry should have done this, say, ten or 15 years ago. They're not mentioning people cutting back on purchasing of office supplies, they're not looking at examining your fuel usage and the equipment in the fields, they're not looking at all the basic operational cuts that have been made. The company hopes to save ten million dollars. Industry officials say they don't expect the picture to brighten anytime soon, partly because most consumers have no idea what's going on in the industry. While farmers are getting historically low prices for their sugar, consumers are paying what they've always paid at the supermarket checkout.
Observers say the middle man is simply pocketing the difference.
I'm Tanya Ott for Marketplace. And that's the top of our news for Tuesday, February 8th. Bridging Scandinavian Commerce Final work is underway on a new tunnel and bridge complex connecting Denmark and Sweden. The eighteen-kilometer long engineering feat promises to revolutionize business links between the two countries. Nick Wood reports from Copenhagen.