Fiji Time: 5:54 AM on Wednesday 1 October

Fiji Times Logo

/ Front page / News

Lucrative sugar payout

Felix Chaudhary
Friday, January 04, 2013

SUGARCANE growers in the country should look forward to a lucrative payout after the completion of crushing for the 2012 season.

According to the acting chief executive officer at the Sugar Cane Growers Council Sundresh Chetty, the actual payment for the 2012 season would be significantly more than the $53.55 per tonne forecast announced in May last year.

"We are looking forward in anticipation to a very good cane payment for last year's crop. It is going to be very lucrative in comparison to previous years and it is this optimism combined with improvements in milling efficiency that is signalling a positive change for the industry going forward," he said.

The forecast price announced early last year drew mixed reactions from industry stakeholders at the time.

The Fiji Cane Growers Association said the $53.55 forecast was 'not bad' provided industry costs were controlled so that growers received a respectable return.

The National Farmers Union, on the other hand, said nothing short of $75 to $80 per tonne was profitable for cane growers in the country.

Fiji Sugar Corporation executive chairman Abdul Khan, however, said he was optimistic the actual price could be more than $70 per tonne with the improved milling efficiency, reduction in planting costs and improving yield per hectare.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Australia applauds Fiji
  2. FLP mourns death of party member
  3. Memorial for former teacher
  4. Advice against unhealthy diets
  5. Aussies restore ties
  6. Relief for Westerners as rain falls
  7. Forgiveness and reconciliation to benefit vanua
  8. Police treat death of girl, 13, as murder
  9. Longer dry spell looms
  10. Ministry gets updates

Top Stories this Week

  1. Ro Teimumu is Leader of the Opposition Wednesday (24 Sep)
  2. Mata apologises Wednesday (24 Sep)
  3. Luveni vacates her seat, Tuitubou is now an elected MP Wednesday (24 Sep)
  4. PM designates Cabinet portfolios Thursday (25 Sep)
  5. Our new Speaker Thursday (25 Sep)
  6. Moment of silence Thursday (25 Sep)
  7. Salary budget soon Thursday (25 Sep)
  8. PM's first official trip Wednesday (24 Sep)
  9. PM: Work with me Monday (29 Sep)
  10. Police intervene Friday (26 Sep)