Friday, December 09, 2005

Ethanol and Sugar Cane

Some people might realise that in fiji the major agricultural product is Sugar which is in major decline in Fiji. The plight of sugar is also a issue to me due to my family having around 5 cane farms in labasa
(Family in Fijian terms means my cousins, uncles and aunties)

So I am really interested in what are the prospects Sugar and after some browsing today realised that Brazil is doing a great job in converting there sugar cane crops to ethanol. This is having a positive effect on prices and might mean that our cane farms may be able to survive the new expected prices because the EU will be no longer subsidizing Fiji's cane prices

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