Good news for sugarcane farmers

Good news for cane farmers.

Prime Minister Commodore Voreqe Bainimarama announced from France a banner year for Fiji’s sugar cane industry.

According to figures released by the Fiji Sugar Corporation, after a fourth payment to sugarcane farmers of $20.40 per tonne of raw sugar, the total paid out so far for the 2012 season will be a record breaking $78.74 per tonne.

The Prime Minister added that there was one final cleanup payment yet to be made that would bring the year’s total to at least $80.74 per tonne, if not more.

The Prime Minister said that this was a huge achievement for Fiji.

The Prime Minister also announced that the forecast price for raw sugar in 2013 was $62.58 per tonne, but that FSC officials were confident the likely payment would be more than $73 per tonne.


Story by: Ronal Deo
Source: Press Release