- Every Food Is a Snack Now
- Edible Schoolyard Throws the Best Parties, Takes Kids on Epic Field Trips
- The New York Times Introduces New Food Delivery Service
- Eating Leafy Greens Is Good For Your Brain
- It's Hard to Find a Snack at the Olympics
- Nope, a Vegetarian Diet Won't Kill You
- Good Gut Bacteria Love Leafy Greens, Says Study
- Does This Nutella Ingredient Really Cause Cancer?
- Star Chef’s All-Vegetarian Restaurant Opens in Newark Airport
- Morton Salt on a Mission to Become the Hippest Seasoning in the World
El Niño has created international drought; demand now exceeds supply.
It's a bitter pill to swallow, but we've been living in sugar heaven for the past five years, according to agriculture experts. And now, with El Niño's warmer weather touching down on places like India, China, and Thailand, the world will experience a sugar drought throughout 2016 and 2017.
Crops in recent history have easily produced enough sugar to exceed demand, which keeps prices down (and suggests the world has a growing sweet tooth). But in 2016 and 2017, consumption will be outpace production by 5 million metric tons, according to a Green Pool study cited in Bloomberg. What's more, the gap continues to grow; it's already widened by 19% since January. That drove the price of raw sugar up by nearly 10% in 2016 so far. It also hurts general plant health, which influences future forecasts.
What does this mean for the average consumer? You may be spending a tad more for your mid-day sugar fix. And there's no way to sweeten the deal.