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Sugar Prices Hovering Around Two-Year Lows

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  • Description

    FBN's Jeff Flock on how ethanol production in Brazil could drive the price of sugar up.

  • Duration 1:58
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-- -- sugar prices -- -- -- -- -- year lows but with an upcoming shifting gasoline production in Brazil could all change.

Didn't solicit mean -- -- -- -- she's -- lie -- there just flat at the world's finest chocolate factory.

-- -- -- -- -- I don't care Tracy that I look foolish at the moment Morgan Citi out polar bear the seal the world's finest talk with a company.

You probably know -- Tracy because you're kids' heads.

Likely sold these dollar bars a big fund raiser.

You you -- the company -- -- about 200 million of those the end 200 million bars and how many kids.

About four million kids participate this is where they make a mall in Chicago and as you might guess they're number one import cost sugar take a look at the -- are being made there.

50% of your -- gone -- Our weight highway gas and we'll take a look at the -- chart you know a lot of commodities are at their all time high here.

Children -- at two year loans that's probably good for you.

That does help us that it's about time that did it come out some pretty significant time and here's what's happening in Brazil which of course is a huge producer of sugar.

-- they are engaging in what.

We here in the US cold food vs fuel flights.

-- here in the US it's been corn based ethanol but for the resilience -- -- based ethanol that's gonna drive the price.

That certainly well any demand like that.

Which could be viewed Jimmy back in really taken over -- the world demand replica we'll leave you with -- -- of ethanol production in Brazil.

Ethanol production on the way up there mandating.

Corn -- sugar based ethanol and -- Analysts say could drive sugar prices up within 15% in the next few weeks not great news here but they're watching.

Flattening and be the biggest mystery today chocolate race it's.

-- -- candidate in.

And that thing -- left it.

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