NY Sugar Dinner Week Presentation 2012
- 1. SUGAR RUSH! SUGAR AND THE CITY! SUGAR AND THE CITY! 2 Perspectives on the Sugar Market! Eddie Tofpik Member of the Society of Technical Analysts. Market Technicians Association (affiliate) New York – 15th May 2012
- 5. …so what does it look like… Now!
- 35. U. S. Dollar vs. Brazilian Real
- 42. Let’s take a look longer term
- 47. Hedging your input costs • Hedging your output income is only part of the story… • …sure you could also hedge your FX exposure… USDBRL, etc… • …but look at your input costs! • Fertilizer costs…hedging? • Its behind seed technology & crop protection – should it be? • When prices rise, reducing fertiliser use & keeping yields the same maintains profitability – what happens when prices stall or fall? • Great leaps in seed technology & precision farming in recent years – fertilizer importance decreased. – should it therefore be ‘unhedged’?
- 53. …but where now?
- 58. I am mindful that time is short so…..
- 59. See you in London later this year for the Sugar Dinner there …and…
- 60. Here is the final bit!
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- 62. Eddie’s Crayons… +44 20 7390 2952 (24 Hours) eddie.tofpik@admisi.com