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Sunday, October 23, 2005 

When you go shopping for ingredients...

to bake your holiday cookies...you just might get a sticker shock.
your holiday cookies could cost you this year with post-hurricane sugar prices surging to nearly double what they were a year ago.

sugar is now selling at 42 cents per pound on the wholesale market compared to 24.5 cents per pound a year ago, according to stats compiled by miller and baking news, which tracks sugar prices for manufacturers.

...prices were on their way up this summer because of a poor sugar beet crop in the midwest. damage to sugar processing plants and sugarcane fields in louisiana caused by hurricanes Katrina and rita compounded the problem, creating shortages and sending prices skyward. -
knight ridder via billings gazette

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