I'm not sure that I've seen a program about how (Lula's) going to support producers -- the outgoing government tried to support them with puts. It helped prices go up to get them closer to the puts.
More Quotes from Jack Scoville:
We think it's still valid, this doesn't do anything in the long run to affect our case, I sure hope we'll see Watson Hill in the City of North Charleston, without any controversy surrounding it.Jack Scoville
Places further north haven't seen much rain. At flowering time you need to see an increase in rain. A month from now it could be a problem.
Jack Scoville
They do have a dramatic effect. The forecasts, whether they are true or not, will affect the companies that deal in those products. Even if they aren't right, people make bets on these forecasts.
Jack Scoville
Very few producers can make money at 50 cents a pound. Brazil needs 65 cents and that's still cheap. For most, breakeven is around 1.
Jack Scoville
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