A report from Jamaica’s Gleaner.
The Sugar Association of the Caribbean (SAC) is reporting that global sugar production has been disappointing this year, mainly due to changing weather patterns. The SAC said the outcome is that for the rest of 2016 and 2017, there will be a five-million tonne deficit internationally, which will result in higher sugar prices.
At its 165th Annual Board Meeting held in Kingston last week, the SAC directors also reported that production in the Caribbean Region has been similarly affected, with Jamaica reporting its lowest sugar production since 1935. However, the SAC said that notwithstanding these challenges, the SAC members produced just over 450,000 tonnes of sugar for the 2015-2016 crop. The SAC members are the Barbados Agricultural Management Company, Belize Sugar Industries Limited, Guyana Sugar Corporation Inc, and the Sugar Manufacturing Corporation of Jamaica Limited.
The association’s board, chaired by Jamaica’s Karl James, stated…
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