The rise in obesity is a problem. And it is being blamed on a rise in the consumption of sugar. However, while global sugar consumption is rising in aggregate, in the developed total world sugar consumption has been surprisingly stable.
Weather risk in the sugar market is usually seen as coming about when heavy rainfall disrupts crushing – just as we have seen in Brazil this season.
The global ethanol market has grown 400% in the last decade, driven by the United States and Brazil.