Brazil & Australia discuss joint effort to supply Japan with Ethanol

The Premier of Queensland, Australia isdiscussing with the President of Brazil about forming a joint venture to supply Japan with Ethanol.

Ethanol is the hot item in agriculture at the moment. Brazil has led the world in ethanol production ever since the fuel crisis of the 70's. They are taking the lead in finding export markets for ethanol.

Meanwhile, in the US, we're still ramping up just to meet domestic demand. Is ethanol the fuel of the future? That remains to be seen.