[kellynla]

"Wrong. It depends on the current world price of sugar. When sugar is up Brazil imports oil to offset the increased demand of sugar. when the price is down they produce ethanol."

you oughta know better than to tell me I'm wrong without documentation.

"Not only does Brazil no longer have to import oil but an estimated $69 billion that would have gone to the Middle East or elsewhere has stayed in the country and is revitalizing once-depressed rural areas."

http://money.cnn.com/magazines/fortune/fortune_archive/2006/02/06/8367959/index.htm

[Trinity5]

So when Sugar goes back up to $.45/lb like it did in the 80's, brazilian farmers will still be happy with what they get from the Ethanol companies? Brazil is already having supply issues:

Brazil's ethanol measures may force Petrobras to cut exports