International Business News - Sugar http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A Tennessee-based farming company has made an offer to acquire U.S. Sugar Corp., its third bid to buy the nation's largest producer of cane sugar. The Lawrence Group announced its $300 per share proposal to shareholders of the Clewiston, Fla.-based company Thursday. Previous bids in 2005 and 2007 were rejected by U.S. Sugar's board of directors without shareholder involvement. http://www.ibtimes.com/articles/20081120/farming-company-offers-to-buy-us-sugar.htm Thu, 20 Nov 2008 15:37:53 EST U.S. Sugar Corp. will consider building a facility that would convert unused sugar cane material into ethanol in the Everglades, the company said Monday. http://www.ibtimes.com/articles/20081117/us-sugar-coskata-to-explore-ethanol-plant.htm Mon, 17 Nov 2008 14:06:10 EST Sugar futures inched higher Wednesday, despite the dollar's strengthening against other major currencies. Sugar for July delivery added 0.25 cents to settle at 14.22 cents per pound on the ICE Futures U.S. exchange. Prices are down nearly 4 percent this week. http://www.ibtimes.com/articles/20081001/sugar-prices-inch-higher-even-as-dollar-rises.htm Wed, 01 Oct 2008 15:40:26 EDT Sugar was once king in Hawaii, steering the economy and politics while shaping the multicultural identity and colorful pidgin English language of these islands. http://www.ibtimes.com/articles/20080924/hawaii-hanging-on-to-sugar-heritage.htm Wed, 24 Sep 2008 01:01:07 EDT Presidential candidate John McCain was heading into the heart of Michigan sugar beet country Tuesday to visit a solar research center near Bay City. But if he stopped to talk to any sugar beet farmers, he likely wouldn't get a very warm welcome. http://www.ibtimes.com/articles/20080923/michigan-sugar-beet-growers-unhappy-with-mccain.htm Tue, 23 Sep 2008 15:22:17 EDT Guyana plans millions in penalties against a Chinese company for building a US$181 million sugar factory so riddled with problems that the country had to reopen an old British-built factory to keep production flowing. http://www.ibtimes.com/articles/20080918/guyana-to-fine-chinese-company-over-sugar-factory.htm Thu, 18 Sep 2008 09:24:18 EDT Guyana plans millions in penalties against a Chinese company for building a $181 million sugar factory so riddled with problems that the country had to reopen an old British-built factory to keep production flowing. http://www.ibtimes.com/articles/20080917/guyana-to-fine-chinese-company-over-sugar-factory.htm Wed, 17 Sep 2008 13:54:20 EDT Sugar producer Gay & Robinson Inc. of Kauai announced that it is getting out of the business after 119 years because of increasing costs. The company said it plans to lease land and other assets to Pacific West Energy LLC, which intends to grow even more sugar that Gay & Robinson for the production of ethanol and electricity. http://www.ibtimes.com/articles/20080911/gay-robinson-getting-out-of-sugar-business.htm Thu, 11 Sep 2008 15:31:59 EDT Strong grain prices and Montana's oil boom are leading to questions about the future of the state's beet industry and its sugar factories. With the sugar-beet harvest only a few weeks away, farmers are considering whether to plant beets again or switch crops. Wheat appeals to them both for its price and because growing it is less labor intensive than growing beets. http://www.ibtimes.com/articles/20080910/montana-sugar-industrys-future-uncertain.htm Wed, 10 Sep 2008 03:16:40 EDT Sugar futures fell Friday, hurt by the dollar's advance against the euro. Sugar for October delivery slipped 0.11 cent to settle at 12.54 cents per pound on the ICE Futures U.S. exchange. Prices fell 1.7 percent this week. http://www.ibtimes.com/articles/20080905/sugar-prices-fall-as-dollar-continues-its-climb.htm Fri, 05 Sep 2008 15:42:14 EDT Sugar prices rose Thursday, even as the dollar advanced against currencies such as the euro and the British pound. October sugar rose 0.14 cent to settle at 12.65 cents per pound on the ICE Futures U.S. exchange. Sugar prices are up 9.3 percent this year. http://www.ibtimes.com/articles/20080904/sugar-prices-advance-despite-rising-dollar.htm Thu, 04 Sep 2008 15:35:03 EDT Sugar prices continued to fall Wednesday as the dollar gained strength against other major currencies, including the euro and the British pound. Sugar for October delivery slipped .20 cent to settle at 12.51 cents per pound on the ICE Futures U.S. exchange. Prices have fallen 2 percent this week. http://www.ibtimes.com/articles/20080903/sugar-prices-continue-their-descent.htm Wed, 03 Sep 2008 15:47:18 EDT The general manager of the American Sugar Cane League says it will take a while to gauge the full measure of Hurricane Gustav's toll on Louisiana's sugar cane crop. http://www.ibtimes.com/articles/20080903/official-need-time-to-gauge-la-sugar-crop-damage.htm Wed, 03 Sep 2008 15:08:29 EDT Sugar prices dipped Tuesday as the dollar gained ground against the euro and the British pound. October sugar fell .05 cent to settle at 12.71 cents per pound on the ICE Futures U.S. exchange, after hitting a high of 12.84 cents earlier in the session. http://www.ibtimes.com/articles/20080902/sugar-prices-fall-as-dollar-gains-ground.htm Tue, 02 Sep 2008 16:52:08 EDT Thousands of cane cutters ended a weeklong strike in Guyana after the government ordered binding arbitration in a bid to reopen the state-run sugar industry and avoid interrupting exports to Europe, a labor leader said Sunday. http://www.ibtimes.com/articles/20080831/guyana-cane-cutters-end-weeklong-strike-over-pay.htm Sun, 31 Aug 2008 17:05:02 EDT Sugar prices dropped Friday as the British pound fell to a 26-month low against the dollar. October sugar fell 0.47 cent to settle at 12.76 cents per pound on the ICE Futures U.S. exchange. Prices fell 9.8 percent this week. http://www.ibtimes.com/articles/20080829/sugar-prices-drop-as-dollar-advances.htm Fri, 29 Aug 2008 17:01:14 EDT Sugar prices continued their descent Thursday as the dollar advanced against other major currencies. Sugar for October delivery fell 0.36 cent to settle at 13.23 cents per pound on the ICE Futures U.S. exchange. Prices have fallen 6 percent this week. http://www.ibtimes.com/articles/20080828/sugar-prices-fall-as-dollar-gains-ground.htm Thu, 28 Aug 2008 15:43:47 EDT Sugar prices fell Wednesday as a massive strike at Guyana sugar plants disrupted production in the Caribbean's largest sugar-producing nation. Sugar for October delivery fell 0.49 cents to settle at 13.59 cents per pound on the ICE Futures U.S. exchange. http://www.ibtimes.com/articles/20080827/sugar-prices-fall-as-guyana-workers-stage-strike.htm Wed, 27 Aug 2008 19:29:04 EDT More than 15,000 sugarcane cutters were striking in Guyana on Wednesday, the second massive walkout since mid-August in a dispute over a seemingly small increase in wages. http://www.ibtimes.com/articles/20080827/massive-strike-over-pay-shuts-guyana-sugar-estates.htm Wed, 27 Aug 2008 12:14:02 EDT Sugar prices rose Tuesday, even as the U.S. dollar gained more ground against the euro and the British pound. Sugar for October delivery rose 0.09 cent to settle at 14.08 cents per pound on the ICE Futures U.S. exchange. http://www.ibtimes.com/articles/20080826/sugar-prices-rise-even-as-dollar-advances.htm Tue, 26 Aug 2008 16:02:30 EDT