date:Feb 02, 2016
ons.
Paul Schembri is the Queensland and Australian chair of Canegrowers and said two years of deficit could give growers more incentive to expand, but he warned the market was volatile.
If the price were to go up, its a very strong market signal, growers borrow money from banks, they make investment decisions to buy things on farm.
But I have to warn that the sugar price is volatile, and weve now got to factor in this low price of oil; [that] means that the interest in ethanol is lesser and