They do have a dramatic effect. The forecasts, whether they are true or not, will affect the companies that deal in those products. Even if they aren't right, people make bets on these forecasts.

I don't think we're going back to 50 cents a pound.

We think it's still valid, this doesn't do anything in the long run to affect our case, I sure hope we'll see Watson Hill in the City of North Charleston, without any controversy surrounding it.

Very few producers can make money at 50 cents a pound. Brazil needs 65 cents and that's still cheap. For most, breakeven is around $1.

I'm not sure that I've seen a program about how (Lula's) going to support producers -- the outgoing government tried to support them with puts. It helped prices go up to get them closer to the puts.