tag:blogger.com,1999:blog-6616959642391988608.post6481172127815685877..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Sugar up 70%Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-9028044481248793192009-07-23T15:01:51.444-07:002009-07-23T15:01:51.444-07:00That's a good point about Brazil. But when all...That's a good point about Brazil. But when all commodities are up, you have to look for a common denominator. The two big ones: global growth and easy money.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71822485336876147092009-07-23T07:05:54.331-07:002009-07-23T07:05:54.331-07:00I was thinking more about the world market than th...I was thinking more about the world market than the domestic one. America uses corn for ethanol, to some extent due to the power of the corn lobby and governmental incentives. <br /><br />But Brazil uses cane sugar for their ethanol. Since bulk sugar is fairly easy to import for nations without excess ag capacity, if one needed to generate a lot of fuel ethanol, maybe importing bulk sugar is thebitbucket255https://www.blogger.com/profile/16244170535171103696noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28674792667105744282009-07-22T22:00:47.392-07:002009-07-22T22:00:47.392-07:00My understanding is that the big source of ethanol...My understanding is that the big source of ethanol, which as an aside is a ridiculous solution for our energy problem, is corn, and corn is not a major source of sugar. But I could be wrong.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29271004861096912982009-07-22T21:38:23.148-07:002009-07-22T21:38:23.148-07:00Could some of the sugar demand be coming from the ...Could some of the sugar demand be coming from the ethanol fuel game? With all the "Greenomics" going around, things just might be crazy enough for there to be profit in buying sugar and cooking it into fuel grade ethanol. At least in some jurisdictions.bitbucket255https://www.blogger.com/profile/16244170535171103696noreply@blogger.com