BRUSSELS -- The price of sugar in t...

BRUSSELS -- The price of sugar in the European Union could be wound as much as 40 percent as part of an overall reform of the EU's customary Agricultural Policy (CAP). The proposal, awaited to be made public at a mid-July meeting of the EC's association of Commissioners, would also eliminate the existing safety-net intervention connected view merge two national production quotas, and abridge overall production from 17.4 million metric tons to 146 million during a three year period.

If implemented, the proposals will take validity in July, 2005, and could arise in a 37 percent very little in sugar ...

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