Tony Brewer
My view on the world, as seen from whatever vehicle I’m in!
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Sep15
There’s more to sugar than meets the eye
Filed under: Business and Office, Computers and/or Internet, Education, Food, General Life, Investing, Money, News, Shopping, Technology;Comments OffI was surprised recently to have the opportunity to learn a lot about the Sugar Industry. I did not know that much of the world’s sugar comes from Brazil, and that a lot of the sugar produced there is actually used to make biofuel! I was given an Internet link to read about Brazilian sugar, and learned that there are several grades of sugar and different uses for the different grades. I learned that a lot of the sugar that is sold to other countries leaves Brazil on ships before even knowing where the sugar is going to end up! Sometimes the sugar is sold after the ships leave port. I read an interesting article about how sometimes that results in fraudulent deals – some brokers are sold imaginary sugar shipments. The sugar industry is a lot more complicated than I ever thought it would be!

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