Business

New cane price expected next season

March 28, 2023 12:33 pm

Sugar Minister Charan Jeath Singh says there will be a new cane price that will be paid out to the farmers next season.

Singh highlighted this when answering a question by Opposition Member of Parliament Parveen Bala on sugar cane price for farmers in the next season.

He says his ministry is working on a new plan with budget requirement of 2023/2024.

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Charan Jeath Singh [Source: Parliament of the Republic of Fiji]

Singh adds that the Ministry will continue with the budget allocated in 2022/2023 financial year.

“Growers will be paid $85 a tonne for this year and this is what I have told growers and stakeholders. The third cane payments for 2022 season which is $24.62 per tonne, the highest compared to previous months will be made.”

Singh says he will not reveal any further details on the 2023/2024 financial year budget as the process has not been completed.

Singh says it will be impulsive for him to make any speculation on what will be paid next season.