Does the EU know it is killing its sugar industry?

Given its capital intensity, a sugar industry needs both a long-term investment horizon and long-term income security. Only stable regulations can provide this. No sugar sector is viable at world prices; none has ever been established at world market prices. Indeed, the variability, marginality, and subsidization of the world market sugar price make it a totally unsuitable basis for any sugar industry. Anyone seeking domestic sugar production must insulate domestic prices from international levels or offer the industry other solid income sources.