GuySuCo: Caught in a cul-de-sac Contradiction

In last Sunday’s column I sought to portray what I termed as the fundamental economic illogic or contradiction which underlines GuySuCo operations.  After that I proceeded to discuss one fundamental aspect of this illogic.  That is the contradiction between the high and rising real costs of production at GuySuCo and its futile search for scale economies in what is essentially an export-oriented industry, where the targeted level of output (450,000 tonnes of sugar annually) is palpably low in relation to the scale of output of its main global competitors.  Together, these positions combine to form a futile and unworkable dynamic.  Even with the best of intentions, GuySuCo just cannot in this situation get the job done by