*** Sugar is getting a big boost from new reports out of South America.
Our commodities expert, Kevin Kerr, explains why that is...
"Sugar cane is an integral part of the Brazilian people's kitchen. It
the source of many useful products. In industry, it is a big
for warmer climates. And as my Resource Trader Alert readers know, it
also a source of electric energy fuel. It can also be a raw material
paper, plastics and chemicals.
"Sugar cane is versatile, to say the least...and enormously efficient.
Every ton of sugar has an energy potential equivalent to 1.2 barrels of
petroleum. Brazil is the largest world producer, followed by India and
Australia. On average, 55% of Brazilian sugar cane is turned into
and 45% into sugar. Sugar cane is grown in Brazil's central-south and
north-northeast regions, in two harvest periods. When planted for the
first time, sugar cane takes between one and 11/2 years to be ready to
harvest and process. The same plantation can be harvested up to five
times, although significant investments must be made in each cycle to
Friday, January 27, 2006
Sugar in Today's Daily Reckoning
Brief bit on sugar in today's Daily Reckoning, a free financial newsletter that I read regularly. The authors are basically angry old men who think America is going down the tubes. They do have very good insights though and I read it for their contrarian views and sense of humor. You can check it out at www.dailyreckoning.com.
Most Popular Articles This Month
Nice simple breakdown of 3 of our favorite softs - coffee, cocoa, and sugar - by the folks at Money Morning. I did not realize the coffee ...
Our soft commodity flavor-of-the-month, cotton, has seen its near term futures surge "limit up" for the second day in the row. Wa...
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...