$85 per tonne cane payment for farmers will stay – Yogesh Karan

$85 per tonne cane payment for farmers will stay – Yogesh Karan

By Pratika Mala
Wednesday 22/07/2020
Permanent Secretary for Sugar, Yogesh Karan

Permanent Secretary for Sugar, Yogesh Karan says the guaranteed cane price of $85 per tonne will remain and has also asked cane farmers not to panic.

Karan says the guaranteed cane price of $70 per tonne is for the first three cane payments of the season for the 2020/2021 financial year.

He says the $15 per tonne shortfall of the first three cane payments will be made up in the fourth and final wash-up cane payment in October 2021, which falls in the next financial year, with the government paying the remaining balance.

Minister for Economy, Aiyaz Sayed-Khaiyum announced in his 2020/2021 National budget speech that for two straight seasons, government paid cane growers $85 per tonne but in the final third season of the arrangement, they will be reducing the guaranteed price for cane from $85 to $70.


Karan says he thinks the Economy Minister did not have time to explain in detail the methodology of the payments in his budget speech.

He adds farmers who face financial difficulties in loan repayments due to the first three payments of $70 per tonne can always approach the Ministry.

Meanwhile the Sugar Cane Growers Council says their office has received numerous calls from cane farmers in regards to lowering of guaranteed sugar cane price from $85 to $70 a tonne.

CEO Sunil Chaudhry says many farmers had taken loans and made other financial commitments based on the guaranteed price and are now feeling pressured.

The Ministry of Sugar is allocated a total of $53.6 million in the 2020/21 National Budget.

Independent Board of Inquiry to investigate grounding incident of RFNS Puamau - Commander Kalouniwai
The Commander of the Republic of Fiji Military Forces, Major General Ro Jone Kalouniwai confirms the RFMF has decided to convene an independent Board ...
12 hours ago
ODPP waits for police investigation file in amusement ride case
The Office of the Director of Public Prosecutions is still waiting for the police investigation file in the case of the amusement ride incident that ...
29 minutes ago

Catanasiga and Kotobalavu confirm their appearance on fijivillage Straight Talk With Vijay Narayan at 7pm tomorrow
Fiji Council of Social Services Executive Director Vani Catanasiga and Fiji Public Service Association General Secretary, Judith Kotobalavu have ...
2 hours ago

A woman, man and 13-year-old reported missing
Police are seeking assistance in locating 13-year-old Ashwariya Roselyn Kumar, 34-year-old Ashneel Narayan and 18-year-old Salanieta ...
3 hours ago

20-year-old woman found dead in Vitogo Lautoka
A 20-year-old woman has been found dead in Vitogo, Lautoka on Saturday and Police are now awaiting the post mortem result to establish the cause of ...
17 hours ago

Govt has not moved quickly enough to improve immigration measures to bring in skills Fiji needs – Fiscal Review Comm
The Fiscal Review Committee says the government has not responded to the developments with urgency and flexibility that is needed relating to the ...
17 hours ago

fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Crisis within FijiFirst relating to the termination of 17 MPs who voted for salary increases
A crisis has erupted within the FijiFirst party relating to the termination of 17 members of parliament who supported the government's motion to ...
4 days ago

Pre-Budget 2024-2025
Pre Budget 2024-2025 budget recommendations and an insight of what people on the ground wish to see in the National Budget
6 days ago

Sayed-Khaiyum case on alleged payment of Saneem's taxes without proper approval
It is alleged that between the 30th of June, 2022 and the 12th of July, 2022 in Suva, whilst being employed in the civil service as the Acting Prime ...
7 days ago