Capitalize on Rising Sugar Prices (SGG)

Sugarcane, native to South and Southeast Asia, has been used since ancient times to sweeten food and drinks.  It was a relatively obscure plant until the Middle Ages when people figured out how to refine, store, and trade it.  Sugar eventually replaced honey as the world’s most popular sweetening agent.  Corn syrup is now more common in processed foods, but sugar remains a perennial favorite.  And it’s usually very affordable – but not recently. Sugar prices rose dramatically in 2009 based on short global supply.  Weather issues in Brazil, the largest producer, coupled with higher demand in India caused global sugar prices to rise to an all-time high in February 2010 – nearly 30 cents per pound.  That’s one reason your favorite cake at the local bakery was more expensive,…