It’s coming at a time when production is booming, especially in India, the world’s number two sugar producer. Farmers in Thailand are also collecting massive crops. World stockpiles are set to swell to the highest ever this season and stay near the record next year, according to the US department of agriculture. Sugar futures in New York have already slumped 25% in 2018. That’s the biggest loss on the Bloomberg Commodity Index, which tracks returns for 22 components.
"Unless there’s a weather issue, it doesn’t look that the bulls have any hope for a sustained rally," said Donald Selkin, a New York-based chief market strategist at Newbridge Securities, which oversees about $2bn. "Everybody is trying to do away with sugar and sugary products. You see that in supermarkets and grocery stores. Demand is going to remain less than it’s been in recent years. The price is doomed to stay low for a while."
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The oil boom in Texas brought about dramatic changes in the economy during the period of late 1800s and early 1900s.
Explanation:
- The oil boom of which was also called gusher age brought about several economic changes.
- The discovery of huge oil reserves bought rapid industrialization, with the turn of century urbanization was seen with new corporations and new infrastructures being built to keep pace with the ushering oil business.
- After the end of World War 2, the state was industrialized, amongst which Houston was the one to be most benefited in this boom, having the largest reserves of natural oil. This period brought significant changes in the commercial makeover of Texas.
- During the end of 18th centuy and beginning of early 19th century, started with the Oil era in Texas, having opened the first oil field in Corsicana in 1894
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Answer: B) They campaigned for Dwight Eisenhower.
Explanation:
A mussilum empire the empire was centered in turkey
