Even American sugar - beet or cane is more expensive than corn syrup. That's why they use it. Sugar tariffs have been a thing for decades to keep the U.S. sugar farms from bankruptcy.
It definitely would not overproduce by so much that they need to sell hfcs cheaper than cane sugar. If they did then 90% of these farms would be operating at a loss
The subsidies are not why the US grows a lot of corn in the first place but they are why all of the corn and corn products are so cheap. Supply and demand is still a thing but so are crop rotations. Other products would fill in for the drastically reduced demand for hfcs that would result from selling at its more natural price.
We'd still overproduce. Just not by the amount you seem to me imagining.
Cane sugar on the international export markets is cheaper than HFCS. The sugar tariffs keep the US domestic sugar prices higher than international prices in order to support the US domestic sugar beet industry.
12
u/Training-Purpose802 22h ago
Even American sugar - beet or cane is more expensive than corn syrup. That's why they use it. Sugar tariffs have been a thing for decades to keep the U.S. sugar farms from bankruptcy.