Monday, March 20, 2006

Sugar may be a better investment than oil or stocks

Bloomberg.com: Latin America:
3/20/2006
"Prices are soaring as record gasoline costs prompt Brazil, the world's biggest sugar producer, to devote more than half of its crop to ethanol production to meet a goal of eliminating gas-fueled cars in four years. A drought in Thailand, the second-biggest exporter, and a 50 percent rise in Chinese sugar demand the past decade are compounding the supply squeeze."

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