Big Sugar

Business Daily

Is the US sugar industry's relationship with politicians, from Florida to Washington DC, just a little bit too sweet?

Gilda Di Carli reports from the Sunshine State, where the newly elected Governor Ron DeSantis has vowed to take on the sugarcane lobby, which he blames for impeding efforts to tackle the gigantic algae blooms that have blighted Florida's rivers and coasts.

Meanwhile Manuela Saragosa speaks to Guy Rolnik, professor of strategic management at the Chicago Booth School, about two of the industry's wealthiest and most politically connected magnates, Alfy and Pepe Fanjul. Plus Ryan Weston of the Sugar Cane League - which represents US growers including the Fanjuls - explains why he thinks the industry gets an unfair rap from the media.

Producer: Laurence Knight

(Picture: Sugar cubes on black background; Credit: tuchkovo/Getty Images)