Yes, sugar is cheaper now that it has been for years.
GMO beet sugar is, and it accounts for over 50% of all sugar sold in the U.S., and 95% of all sugar made from beets. But not so much cane sugar, and the only way to know is if the bag specifically says that it's "100% cane sugar". Otherwise, if the ingredient list just says "sugar" you can be pretty much guaranteed that it's from GMO beets.