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  • Speaker Of The House Signs MOU With FOPREL And SICA

    Friday, 07 September 2018 02:44
  • New International Flight Headed To Belize

    Friday, 07 September 2018 02:46
  • 224 Farmers Graduate From Farmers Field School

    Friday, 07 September 2018 03:09

BSIThe first estimate for sugar cane prices have been presented to the Associations and the projection is nowhere near satisfactory or encouraging to the farming community. BSI has issued the numbers which stand at a far lower price than the last estimate being 41.56 dollars. BSI also estimates that it will mill approximately 1, 225, 000 tons of sugar cane, producing 129, 000 tons of sugar. The estimate is a steep drop from last years $75.00 but according to BSI officials, it is due to falling EU market prices and a new contract with Tate & Lyle. Financial officer at BSI, Belizario Carballo said in this morning’s Despierta Belice that there was a drop in the EU market below the minimum price of 4.25 euros and while the industry expected drops in prices in 2017, they had begun seeing the decease since last year. What shielded Belize then was a contract with Tate & Lyle that extended to the 2015 crop which saw Belize receiving up to 100 euros more than what the actual market price was. This he says kept the prices last year to where it was, but for the new crop, they are working on an entirely new contract with Tate & Lyle.


Belizario Carballo


“The new contract essentially provides for us to receive the average price that a Tate & Lyle sugar is able to purchase sugars from ACP’s countries like Belize in other words countries who can export sugar into Europe at duty free terms and so the average of that price would be what the contract provides for.”


Mac MacLauchlan


“Sugar is a valuable commodity and it is a commodity price it is not something that BSI controls, it is not something that the government controls, it is not something that the Cane Farmers Association control, it is a market price for the last two years now we have been warning the industry collectively of the likely of the impact that changes in the EU sugar regime are going to have and these changes are affecting all sugar producers that have enjoyed the preferential market and the EU market in the past, the same conversations are taking place in Jamaica, in Guyana and in Barbados they all are taking place here.”


The men further state that the price is still higher than the global market prices, but add that the EU prices have been shifting closer to the global prices and as the industry moves towards 2017, those prices will converge even more. As the prices keep fluctuating, there is a need to reduce the cost of production and improve on practices say the men, hence the need for the Strategic Development Plan to keep Belize competitive.


Belizario Carballo


“Es por esa razón que se firmó como parte del contrato que las tres partes van a trabajar juntos para desarrollar ese plan estratégico, como vamos a mover esta industria adelante porque se veían los retos a venir entonces y esto ahora ya está por encima de nosotros tenemos que enfrentarlos y tenemos que ver positivamente y se oye hoy en día de que hay bastante cana todavía estamos en ese proceso de establecer y evaluar exactamente cuanta cana hay si este ano comenzamos el 30 de Noviembre como se planea vamos a estar empezando dos meses antes como el año pasado y que es el impacto de todo este en la cantidad y la calidad y eso estamos tratando de establecer y tenemos que tener reuniones con el Production Committee para planear la próxima zafra pero si se puede decir que hay esa cantidad de cana haya fuera aun por la sequilla lo importante es de que comiésemos la zafra a tiempo para poder extender si no vamos a perder esa oportunidad como esta zafra que paso.”


The BSCFA has not commented and officials say they will make their position known after meeting with members tomorrow. Farmers however have begun expressing their concerns. For his part, Chair of the Orange Walk Branch of the BSCFA Alfredo Ortega urges farmers to stay united in the wake of the changing dynamics in the industry and the international market.


Alfredo Ortega


“Sabíamos de que iba a ver un reporte pero no para tanto porque no lo hicieron a como estipula a cierto tiempo si no de que esperaron hasta después de la elecciones y allí es a donde viene la situación de que hoy todos vamos a sufrir en esta situación con este precio muchos si no nos ponemos la pilas y no nos ponemos a trabajar unidos ese puede ser la decaída o la salida de muchos caneros y no quiero decir caneros pequeños porque puede ser caneros grandes dependiendo cuanto sean sus deudas en las diferentes instituciones banquearais así es de que yo les pido a los caneros de que realmente reflejen en estas cosas y dejemos de estar siendo rivales entre nosotros como caneros veíamos esta situación de que es nuestro futuro es nuestro sacrificio es nuestro bienestar para nuestros hijos y si nosotros no hacemos nada que es lo que le vamos a dejar y realmente vemos que ASR está en cama con el gobierno adonde acabamos nosotros este ano lo vivimos que paso con nosotros los caneros y aun así todavía aplaudimos las cosas del el gobierno sinceramente yo quisiera llamar la atención a los caneros de que realmente reflejemos en estas cosas.”


The industry stakeholders are yet to meet to finalize a starting date for the next sugar crop but the tentative date is for November 30th.

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