Fiji Sugar Corporation has announced a final cane payment of $3.90 per tonne for 2017.
The Government has advised FSC of a top-up payment of $3.68 while the “wash‑up” payment is $0.22 per tonne.
FSC CEO Graham Clark says this final payment of $3.90 per tonne, will be free of FSC deductions and will be paid to cane farmers on Friday.
Clark says to date, the price paid to the farmers for the 2017 cane season is $81.10 per tonne and with this top‑up to the final cane payment, the total payment for the 2017 cane season will increase to $85 per tonne.
He says government’s continuous support to the sugar cane industry through development strategies such as; cane planting grants, subsidies on fertilizers and weedicides, farm mechanization grants, drainage and cane‑access roads has not only reduced the cost of production to the Growers but has positively improved the industry.
The Sugar Industry Tribunal has certified the final “wash‑up” cane payment of $0.22 per tonne of cane from the 2017 season’s sales proceeds. This brings the growers share of sales proceeds for the 2017 cane season to a total of $125,126,202, as per the Master Award.
