Business

Growers council welcomes cane payment

October 26, 2023 12:45 pm

The Sugarcane Growers Council welcomes the historic cane payment for farmers.

Yesterday, the cabinet granted its assent to the release of $8.2 million to bolster the final 2022 sugarcane season’s payment.

Council CEO Vimal Dutt warmly embraces this significant development, hailing it as a boon for the farmers, particularly in light of the escalating expenses associated with the harvesting process.

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Stressing the significance of the allocated sum, Dutt emphasizes the substantial relief it would bring to the sugarcane farmers.

“That probably sets the platform and gives a very clear indication and a message to the cane farmers that yes, the industry has the stamina to survive, the industry is progressing, and this gives a very positive message to our cane farmers.”

Underlining the disparity, Dutt shed light on the conventional norms governing the final cane payment for a particular season, often derisively referred to as the ‘washout cane payment,’ which typically amounts to a mere $1.12.

Dutt points out the overwhelmingly positive feedback received from the farming community.

The fifth cane payment the farmers will receive is a top-up of five dollars per tonne from the government, which means that it will increase the final payment to $6.12 per tonne.

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