Government will establish a Sugar Cane Stabilization Fund in partnership with the Fiji Sugar Corporation to improve cane price certainty, with a base price of $85 per tonne of cane agreed in principle.
Minister for Waterways, Dr Mahendra Reddy confirmed this while officially opening the 2018 crushing season at the FSC’s Lautoka Mill today.
“This will strengthen grower confidence and provide price certainty for farmers,” Reddy said.
“We have seen that working side by side with our sugar cane farmers, and with FSC, has put the industry on a path towards a resilient future – a future where sugar remains bedrock of our economic growth and prosperity,” he said.
Innovations for Fiji’s sugar industry include the upcoming trial of mechanical harvesting along hilly terrain through the use of specially adapted tractor harvesters.
“FSC has also recently added 20 water tanker units to this fleet for dry season irrigation, another significant intervention to boost farming productivity. These mechanical investments are all part of the strategic objective to turn cane farming towards a viable future.”
With plans underway to turn Lautoka into a world class sugar distribution center amid increasing demands for quality sugar, the FSC is ensuring that sugar produced is handled in a quality-conscious manner, alongside further innovations to its largest mill.
Lautoka Mill is the largest in the country and is expected to crush 485,000 tonnes of cane with a forecast tones cane per tones sugar (TCTS) of 8.5 for 2018. This supply will include sugarcane from Ba and Rakiraki.
Meanwhile FSC has secured a contract to supply 4000 tons of sugar to China by September this year.