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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 455.37+3.1%Feb 6 4:00 PM EST
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To: FiveFour who wrote (469)9/13/2005 10:24:17 PM
From: Elroy Jetson  Read Replies (1) of 220078
 
The price of sugar in industrialized nations is roughly ten times higher than the world price due to tariffs on imported sugar. The tariffs act as a subsidy to sugar growers in the industrialized nations.

Since sugar is not subsidized in Brazil, it makes an economical source for ethanol production.

The costs of growing sugar can in the U.S. are enormously higher. Sugar grown in the U.S. would not be an economic source of ethanol.
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