By Zoila Palma: Following Friday’s Sitting of the House of Representatives Prime Minister John Briceno said that Belize is exporting more sugar into the CARICOM market.
This crop season, cane farmers were estimated to have received $10 per ton as their final payment.
“I think it’s estimated, I think it’s about $10. We know the sugar industry is going through a very difficult time. A lot has to do with nature, issues of climate change, fusarium last year, and now this year the mealybug. As a government, we’ve been working with them, trying to assist in any way we can. We have a 50 million dollar project through the 5Cs working with the cane farmers how we could address some of these same issues. These prices are set,” the Prime Minister explained.
In addition, the PM pointed to sugar being sold to Caribbean market.
“The point is that we’re selling more and more of our sugar into the CARICOM market, and that will give us a better price. The last meeting I had with BSI and Santander, the refinery that Santander is setting up is almost finished-I think they want to inaugurate if not at the end of this month, sometime next month in November. It’s amazing what they have done so far, and both of them are saying that we can take all of the sugar that we have, refine it here, and then sell it as refined sugar to be able to get a better price not only for the company, but also for the farmers,” he added.
The post Prime Minister says Belize exporting more sugar in CARICOM market appeared first on Belize News and Opinion on www.breakingbelizenews.com.
By Zoila Palma: Following Friday’s Sitting of the House of Representatives Prime Minister John Briceno said that Belize is exporting more sugar into the CARICOM market. This crop season, cane farmers were estimated to have received $10 per ton as their final payment. “I think it’s estimated, I think it’s about $10. We know the
The post Prime Minister says Belize exporting more sugar in CARICOM market appeared first on Belize News and Opinion on www.breakingbelizenews.com.
