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Thursday, February 03, 2011 

Australians are getting ready for some price spikes

on bananas and sugar. Cyclone Yasi took out a good portion of Australia's crops.
While it is still too early for solid forecasts, businesses are expecting more than $41 billion in damage from Cyclone Yasi.

Almost all Australia's bananas are grown in the path of the storm, and about one third of the country's sugar cane. - ABC News Australia
Sugar Cane is used in Australia as ethenol, so fuel prices are going to skyrocket, too.

Our hearts and thoughts go out to Australia, for they are getting whomped by Mother Nature in all directions.

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