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Sugar prices began spiraling upward last year, have risen 15% so far this year and are expected to continue to increase at least 5% or more.

Bonbons and candy canes may dominate the American holiday aesthetic, but U.S. confectionery companies are feeling anything but jolly as they head into one of the sugar market’s tightest years

Finally, food inflation is starting to slow. But sugar prices are still rising at a high rate. Now the push is on to reform the federal government program that subsidizes sugar farmers.

Bonbons and candy canes may dominate the American holiday aesthetic, but confectionery companies in the United States are feeling anything but jolly as they head into one of the sugar market’s tightest years in recent memory. Prolonged droughts in major cane-producers Mexico and Louisiana have helped push US sugar futures…

You may find yourself opening your wallet a bit wider for sweet treats this holiday season. Costs are on the rise for many businesses thanks to shortages and import restrictions on the U.S. sugar industry. In a FOX 32 special report, Dawn Hasbrouck takes a look at the push to sweeten the supply.