GuySuCo in sight of modest sugar target

With four weeks of harvesting left, the Guyana Sugar Corporation needs to make an additional 36,000 tonnes of sugar to meet its 2014 target.

The second crop thus far has seen just over 103,000 tonnes of sugar being produced and overall, to date, total production sits at 183,000 tonnes. Weekly, GuySuCo produces roughly 6,000-6,500 tonnes of sugar if all eight estates are grinding and with average worker turnout between 60-70 per cent. The industry has so far had exceptional weather that has allowed for weekly production targets to be met by multiple estates, especially the ones with more mechanisation.

The target was initially set at 278,752 tonnes of sugar in the 2013-2017 Strategic Plan but the figure was revised by Agriculture Minister Dr Leslie Ramsammy at the beginning of the year to 216,000 tonnes and finally set at 219,000 tonnes by current CEO Rajendra Singh when GuySuCo appeared before the National Assembly’s Eco-nomic Services Committee in July.