FCCC and FSC yet to explain how cane farmers will benefit from $17M annually through increase in sugar prices
Ba cane farmer believes farmers will not benefit

FCCC and FSC yet to explain how cane farmers will benefit from $17M annually through increase in sugar prices

Ba cane farmer believes farmers will not benefit

By Dhanjay Deo
Wednesday 02/02/2022
Large-scale cane farmer of Moto Ba, Arun Sharma [image: file]

The Fijian Competition and Consumer Commission and the Fiji Sugar Corporation are yet to explain how cane farmers will benefit from $17 million annually through a 90 cents per kilogram increase in the ex-warehouse price for sugar.

The new ex-warehouse price for 1kg of sugar is now $2.30, $4.60 for 2kg of sugar, $9.20 for 4kg of sugar and $57.50 for 25kg of sugar.

The FCCC had earlier stated that it is estimated from FSC’s consumer demand projections that finance raised directly through this price change will benefit Fijian cane growers by up-to $17 million annually.

Meanwhile, a large-scale cane farmer of Moto Ba, Arun Sharma says he does not think cane farmers will get any money from the increase in the sugar prices and the Fiji Sugar Corporation will make more money which will help them to pay loans and upgrade mills.

58-year-old Sharma of who has 17 acres of sugarcane farm says he does not think the growers will receive any single cent as they are already receiving fixed cane payments.

Sharma says cane farmers continue to question how they will benefit.

Sharma adds he is also a shareholder of the FSC and the current value of his share is half a cent while the value of the share was $2 when he purchased it and everyone knows that this $17 million will help the FSC.

Sharma adds the public needs to accept the fact that sugar prices have to be increased as it will help people in cutting down sugar intake and extra revenue will help the FSC to keep the mills operational.

We have sent questions to the FCCC and the FSC to explain how the cane farmers will benefit from $17 million annually and whether it will be in the form of increased cane payments.

FEATURE NEWS
We have observed a decline in the number of superbugs at CWM - MOH
The Ministry of Health has today said that they have observed a decline in the number of antibiotic-resistant organisms or superbugs being isolated at...
12 hours ago
LATEST NEWS
Grace Road found to be breaching employment and health and safety laws
Grace Road Company throughout Viti Levu has been found to be breaching the Employment Relations Act 2007 and the Health and Safety at Work Act 1996 ...
9 hours ago

USP Celebrates Global No.1 Rankings for Tourism and Hospitality Programmes
The University of the South Pacific (USP) has achieved global recognition for its excellence in Tourism and Hospitality Education, earning the No. 1 ...
10 hours ago

Open-heart surgeries for Fiji and the region
Great news for the people of Fiji and the greater South Pacific Region as the regions largest and highest rated super-specialty private hospital ...
10 hours ago

Australia launches bill to ban social media for children under 16
The Australian Government has tabled a bill in parliament that aims to ban social media for children under 16 and proposed fines of up to $73.3 ...
11 hours ago

6,659 drug cases recorded in 5 years with 1,615 cases recorded last year - ACP Raikaci
6,659 drug cases were recorded by the Fiji Police Force over the last five years, with last year seeing the highest with 1,615 cases. Acting ...
11 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Doctor Alipate Vakamocea on fijivillage Straight Talk with Vijay Narayan
Fiji Medical Association President, Doctor Alipate Vakamocea will appear on fijivillage Straight Talk with Vijay Narayan The show will focus on ...
8 days ago

Mangal and Akauola on fijivillage Straight Talk With Vijay Narayan
Adult Teen Challenge Fiji Executive Director, Hemraj Mangal and Director, Matai Akauola appear on fijivillage Straight Talk With Vijay Narayan The ...
8 days ago

Sporting federations demand answers from FASANOC
National sporting federations who are part of Fiji Association of Sport and National Olympic Committee or FASANOC, are still calling for answers and ...
14 days ago

TOP