GuySuCo first crop at dismal 48,000 tonnes

With less than a week of harvesting left the Guyana Sugar Corporation (GuySuCo) has no chance of getting near to its 77,000-tonne first crop target and is headed for a record low.

As at Friday GuySuCo had harvested 48,000 tonnes, the lowest first crop harvest in over 20 years. The lowest first crop reported was in 1990 with only 55,000 tonnes harvested.

Harvesting has already concluded at some estates.

After multiple revisions 2012’s first crop target was slated at