Sugar prices broke over a three-decade high Wednesday as one of the strongest cyclones to hit Australia in a century slammed into the sugar-producing nation’s already flood-ravaged Queensland coast. Raw-sugar futures for March delivery broke 36 cents a pound in InterContinental Exchange trade, the highest price since November 1980. White sugar on London’s Liffe exchange [...]
Tag Archives: sugar
Damage from super-cyclone Yasi sends sugar prices to record high
by Hunter Cutting on 02. Feb, 2011 in Uncategorized
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A note about identifying climate change impacts
Many events are linked to climate change by virtue of fitting a long-term trend. For example, the record-breaking “once in one thousand years” rains that drove the recent Nashville flood is part of the long-term trend of increasing heavy precipitation events in the Southeastern United States that has been fully documented and firmly attributed to climate change. While one cannot say with certainly that event was "caused" by climate change, one can and should say it is linked to climate change.
