Posted 10/5/2009 16:11 (#872083 - in reply to #872077) Subject: Re: Interesting chart with Corn and Ethanol
High sugar prices and higher domestic demand in Brazil. Many plants in Brazil can make ethanol or sugar. These flex plants are chosing to make sugar as it is more profitable.
Direct to EU shipments could be a challenge as their specifications are significantly different than the US. We are seeing bids that indicate the traders are going to try and meet specs to ship to Europe.