The Fly: Price of Sugar and Reality Check

Great post from The Fly at iBankcoin.com regarding sugar prices hitting a 7 month low.  Why listen or care?  As the Fly so elegantly puts it:
"I have millions of dollars in cash, ready to be deployed...please remember, you are trading a bullshit 5 figure account at Zeeco. Trade accordingly." 

(iBankCoin.com) The Market Has Nothing To Do With the Price of Sugar in Maharashtra?

Think again.

My mind works in mysterious ways. All day, I’ve been brainstorming/obsessing over the sudden and precipitous drop in the price of sugar and how it relates to the market. Traditionally, confectioners and beverage companies drive the price of sugar. More recently, due to “green initiatives,” sugar based ethanol has contributed to the price as well.

Sugar is now at 7 month lows, as shown by (SGG: 56.143 -3.60%) . The drop is being attributed to a strong Brazilian crop, coupled with stiff reluctance from confectioners, The Hershey Company (HSY: 41.50 -0.17%) , Tootsie Roll Industries, Inc. (TR: 27.98 -0.07%) etc. and beverage companies, PepsiCo, Inc. (PEP: 64.43 +0.11%) , The Coca-Cola Company (KO: 54.20 +0.04%) , Hansen Natural Corporation (HANS: 40.88 -0.07%) , Dr Pepper Snapple Group Inc. (DPS: 33.65 +0.54%) refusing to pay up for the sweet shit. My question to you is why?

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SOURCE: http://ibankcoin.com/flyblog/2010/03/10/the-market-has-nothing-to-do-with-the-price-of-sugar-in-maharashtra/