Did you know that Brazil is currently the largest sugar production in the world. Sugar from Brazil is imported in our country and distributed at stores. Sugar is important for me because I bake and make sweet stuff most of the time and sugar is always included on my ingredients.
Brazil is so powerful when it comes to sugar that fluctuations of sugar production in Brazil alone can affect world sugar prices substantially, and should Brazil choose to do so, some say that it could be possible for Brazil to swamp the world market with cheap sugar. Though this is unlikely for many reasons, it has happened that in the past high levels of sugar production in Brazil resulted in a significant tumble in world sugar prices.
Ethanol is also a product of Sugar from Brazil, much of Brazil’s sugar cane crop has been turned over to sugar ethanol production. Then they used ethanol to fuel for Brazil’s many automobiles, and exported around the world. For many years the Brazilian government has stipulated that a certain percentage of all fuel in Brazil must be blended ethanol, this both saves on the cost of importing petrol and increases the self sufficiency of Brazil.