From Dow Jones via CNN Money:
The dollar broke the
"The dollar decline really doesn't concern us, or affect our investments," said Aureo Luiz de Castro, president of Etanalc SA, a new ethanol company.
The group signed a 20-year supply deal with Sempra Commodities, the commodity marketing unit of
"The mid- and long-term prospect for ethanol looks very good. Consumption will rise around the world and everyone is betting on that," said
"The big players are hedged, but the smaller players that announced investments just won't be able to follow through on these tight margins caused by the dollar," said Coelho....MORE