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Updated : Wed, 01 Jul 2015 06:35:24 +0200
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The sugar failure

It isn exactly news that the price of sugar has gone up. Despite the Ramadan bazaars and the governments lukewarm efforts to appease the masses, many are worried about the recent price hike of Rs5 to Rs63 per kg (Punjab). But neither the millers nor the retailers are to blame; the heart of the problem lies - as is often the case - inadequate and inefficient government policies.

The sugar industry needs private-sector led diversification

With a debt overhang of over $90B and a cost of production more than double the world market price of sugar, there is absolutely no future viability for sugar production in its current form in Guyana. Any cost-saving initiative is limited as its direct labour cost exceeds the world market price of sugar.

Wilmar International seen sole buyer of ICE raw sugar contract -traders

Wilmar International Ltd has bought about 460,900 tonnes of raw sugar against the July contract on ICE Futures U.S. that expired on Tuesday, U.S. traders said.

Bungoma County seeks lead role in Nzoia Sugar revival

The Bungoma County government is requesting the national government to allow the spearheading of the revival of Nzoia Sugar Company to be done at the county level.

Sugar mills warn of stopping cane crushing

New Delhi, June 30 (IANS) Sugar mill owners said on Tuesday they will be unable to start operations from the 2015-16 crushing season starting October unless the government accepts their proposal to link cane prices to that of sugar.

Sugar bulk carrier Shuwa being loaded with high-polarity Brand 1 sugar bound for Japan

The battle over control of Australia's $1.6 billion export sugar industry has intensified following the release of a Senate inquiry report on marketing arrangements

Canegrowers' Paul Schembri and Sugar Milling Council's Dominic Nolan react to the Senate inquiry recommendation

The Australian Sugar Milling Council says the industry must be left to negotiate its own commercial solution to a deadlock over the future of sugar marketing, but a recommendation by a federal parliamentary committee has backed a sugar code of conduct. Canegrowers Queensland's Paul Schembri says the recommendation held extra weight because the committee was made up of Senators from both political parties.

Senator O'Sullivan says sugar millers had their chance to make marketing peace

Sugar millers have rejected a parliamentary committee inquiry's recommendation that a mandatory code of conduct be introduced to help address an impasse over marketing in the Australian sugar industry. The Australian Sugar Milling Council says the industry must be left to negotiate its own commercial solution. But Queensland Senator Barry O'Sullivan says millers have shown themselves unwilling to budge on how raw sugar exports are sold into the market.

Sugar millers 'had their chance', now Senate committee tells government to act on marketing war

More than 12 months after the dramatic exit of three major sugar milling companies from the $1.6 billion Australian export sugar pool, a federal parliamentary inquiry has found the government should intervene.

Mumias Sugar says it's owed shs.241m by several companies and individuals

Mumias Sugar Company is owed 241 million shillings by several companies and individuals among them a company associated with the Odinga family.

Kenya Releases $98 Million For Mumias Sugar Mill Bailout

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Kenya: Don't Politicise Mumias Sugar Revival - Uhuru

Nairobi The government has released Sh1 billion for revitalisation of Mumias Sugar Company as Members of Parliament from Western region announced that President Uhuru Kenyatta and Deputy President William Ruto will be visiting the sugar district on Wednesday.

Sugar industry ready for sweet crop

THE TASTE of success is just around the corner for the area's sugar industry, as the biggest cane crush predicted in almost 10 years begins today.

Let industry consumers pay more for sugar to benefit growers

At least 70 per cent of sugar sold in the country is used by soft drinks producers, bakeries, confectioneries and other industries, including pharmaceutical. As sugar prices have collapsed on supply surges for four years in a row, user industries are reaping a bonanza.

Sh1b for Mumias Sugar revival finally out

President Uhuru Kenyatta has authorised the release of Sh1 billion for the revival of Mumias Sugar Company.

Kenya hits sugar smugglers

Dadaab - When Kenyan police arrested six men in the vast Dadaab refugee camp near the Somali border last April, their ultimate aim was to dismantle a decades-old sugar smuggling trade that is funding Somali militants waging war on Kenya.

Government releases Sh1billion towards revival of Mumias Sugar Company

NAIROBI, KENYA: The Government has released Sh1 billion towards the revitalisation of Mumias Sugar Company.

Brazil's Sao Martinho says to favor sugar over ethanol in 2015

SAO PAULO, June 22 (Reuters) - Brazil's Sao Martinho sugar and ethanol group said on Monday that it plans to increase its sugar production by more than 5 percent in the current April-March cane crushing season from the previous 12 months, at the expense of ethanol output.

If Sugar Is Fattening, How Come So Many Kids Are Thin?

Sugar, these days, has a bad reputation. The crucial ingredient in the foods that many Americans count among their favorites (hey, Ben! what is up, Jerry?) has become, in the public mind, not just a source of sweetness on the palate, but also a poison. A toxin. Something that, some argue, should be regulated the same way alcohol is. The consumption of refined sugar, as we commonly understand it today, is a direct cause not just of obesity and fatigue, but also of diabetes and depressionnot to mention many more maladies that are the current subjects of research. Refined sugar, the current thinking goes, won't just make you gain weight; it will also leech away your health, pretty much, one red velvet cupcake at a time.

Industrie sucrire: MSIRI : quatre nouvelle varits de la canne

Le Mauritius Sugar Industry Research Institute (MSIRI) vient de mettre au point quatre nouvelles varits de la canne. Celles-ci viennent d'tre approuves par le Cane Release Committee.

Environmentalists call for stop to sugar-cane burning in Palm Beach County

Plumes of smoke that rain ash onPalm Beach County communities are igniting a renewed fight between environmentalists and the sugar industry.The Sierra Club on Friday called for sugar cane growers to stop the decades-old harvesting practice of burning cane fields that cover more than 300,000 acres of western Palm Beach County

Federal MP George Christensen claims sugar industry code of conduct would not sour trade relations

Federal Liberal National Party MP George Christensen has rejected claims that a code of conduct for the $2 billion sugar industry would breach current trade agreements.

Sugar body seeks new leadership

QUALIFIED leaders have been urged to nominate for board positions at Sugar Research Australia, after expressions of interest were sought.

Firm to help boost industry

A NEW Zealand company specialising in agriculture development is lending its expertise to the sugar industry with the hope of realising 5 million tonnes of sugar production targeted over the next five years.

Kenya wages war on sugar smugglers who fund Somali militants

Dadaab: When Kenyan police arrested six men in the vast Dadaab refugee camp near the Somali border in April 2014, their ultimate aim was to dismantle a decades-old sugar smuggling trade that is funding Somali militants waging war on Kenya.

Only a foreigner can rescue Mumias Sugar Company, says Kenya Union of Sugar Plantation and Allied Workers

Sugar stakeholders want a foreign CEO to manage ailing Mumias Sugar Company.

Raila meets Luhya MPs, promises to revive Mumias Sugar, Pan Paper

Cord leader Raila Odinga met 15 MPs from Western on Thursday night to chart a course for the region.

Four sugar mills sold

Mexico on Friday auctioned off four state sugar mills, selling them for a total of 3.28 billion pesos ($213 million), but the tender for five other mills was declared void after no bids were presented.

Govt prepares areas for sugar, cattle investors

The government has prepared three areas in eastern Indonesia for new cattle farms and sugarcane plantations, Agriculture Minister Amran Sulaiman said in Jakarta on Wednesday.

Firm to help boost industry

A NEW Zealand company specialising in agriculture development is lending its expertise to the sugar industry with the hope of realising 5 million tonnes of sugar production targeted over the next five years.

Debt relief no long-term solution to sugar woes

Dayaveer took a bold decision when, against the wish of his brothers, he decided to sell his sugarcane to a nearby kolhu and not to the Umesh Modi-owned sugar mill in whose cane area his farm in western Uttar Pradesh falls. Though the kolhu paid him Rs 190 a quintal, while the mill was required to pay him Rs 280, Dayaveer is happy - at least he has been paid for his sugarcane.

Modernize sugar industry to spur ethanol productionEPAP

The Ethanol Producers Association of the Philippines (EPAP) is pushing for the modernization of the sugar industry to spur the country's ethanol production so that it can harnessed as an alternate and cheaper fuel resource.

Sugar, green groups left out of Bundaberg ethanol meeting

The Queensland Government is being criticised for its management of public forums on its plan to introduce a 2 per cent mandate on ethanol.

Sugar target set

THE Fiji Sugar Corporation's Labasa mill aims to produce 70,000 tonnes of sugar this year.

Foreign Minister Julie Bishop warns Queensland Government against attempts to regulate sugar industry

Foreign Minister Julie Bishop has been drawn into a dispute in the sugar industry, warning the Queensland Government against attempts from her own side of politics to regulate the industry.

Sugar far from sweet spot for investors

Cane sugar prices are being beaten down-helping to keep processed food prices low around the world.

Sugar code jeopardises trade: Bishop

FOREIGN Minister Julie Bishop has enlisted the support of the Queensland Labor government to kill off a push by conservatives to partially regulate the sale of sugar, saying it would breach Australia's international trade obligations and jeopardise future free trade agreement negotiations.

SRA slashes sugar conversion fee

The Sugar Regulatory Administration (SRA) said it has slashed the conversion fee it collects from sugar producers by half.

LTA, sugar stakeholders ink road safety deal

Update: 1:00PM SUGAR stakeholders joined hands with the LTA and signed an agreement this morning with the hope of ensuring cane trucks operate safely on our roads.

Qualified leaders urged to put their hands up for Board positions at Sugar Research Australia

Expressions of interest are sought for Board positions for Sugar Research Australia, Australia's industry-owned company providing research, development and extension activities for the sugar industry.

Sugarcane cultivation should be banned in Marathwada: Madhav Chitale

Water management expert Madhav Chitale has said the state government should enforce a ban on sugar cultivation in districts that receive less than 700 mm rainfall, to effectively tackle the problems of financial crisis in the sugar industry.

Farmers prepare to fight Asian tycoon over sugar marketing

The tranquil green fields of Australia's biggest sugar growing district have become the focus of a battle between cane farmers and one of Asia's richest men.

Finally govt plan to revive three sugar mill distilleries in Punjab

Under its plan to rejuvenate the ailing sugar industry of the state, the Punjab government is making arrangements to re-open distilleries attached to one sugar mill each in Gurdaspur, Nawanshahr and Nakodar.

Kenya: Mumias Canecutters Down Tools Over Pay

Canecutters have stopped working at the Mumias Sugar Company, demanding payment.

Thousands of jobs could go in new sugar regime - Rickards

Allan Rickards, chairman of the All-Island Jamaica Cane Farmers' Association, has sounded an ominous warning to local sugar interests. He said thousands of jobs and the future of the country's sugar industry could be at risk, if local sugar production is not transformed from a single to a multiple-product sector to meet the 2017 reforms to the European Union's common agricultural policy.

Malawi: Africa's Richest Man Aliko Dangote Sets Business Sight On Malawi

Lilongwe Africa's riches man, Aliko Dangote who is worth an estimated $15.7billion , is expected in Malawi as a prelude to prospective investment in the country.

Fiji sugar industry has a plan to cope with ageing workers

Fiji's sugar industry has been through some tough times of late but now a new threat is looming on the horizon .

Sugar industry politics threaten $3b in foreign investment

The three foreign companies that control Australia's sugar milling industry are gradually losing the political battle to continue marketing the country's sugar crop in a free and open market.

Cane harvesting practices need re-think

IT HAS been more than 40 years since mechanised sugarcane harvesting changed the Australian sugar industry forever. Few, if any, farmers long for a return to caneknives and shoulder loading.

Coke is now making soda bottles out of sugar cane

Coca-Cola has manufactured a soda bottle entirely out of sugar cane. The company showed off the so-called PlantBottle at the Expo Milano food technology conference last week, CNN Money reports.

Sour deal for sugar industry

THE three foreign companies that control Australia's sugar milling industry are gradually losing the political battle to continue marketing the country's sugar crop in a free and open market.

Ethiopia to double number of sugar estates by November, eyes $500 mln revenue -official

ADDIS ABABA (Reuters) - Ethiopia is on track to double the number of its sugar estates to six by November this year, a senior official said on Friday, and the Horn of Africa country hopes they will generate $500 million a year in export revenue.

TGAC awarded 100k to combat sugar beet crop infection in the UK

The Plant & Microbial Genomics Group at TGAC has been awarded 100k towards the identification of the sources of infection and reinfection of the sugar beet crop across the UK.

New sugar industry

Before I proceed with the discussion of the results of the two consultations conducted by the Sugar Regulatory Administration in Bais City (May 25) and Iloilo (May 28), let me comment on an advertisement (the style suggests Steven Chan) advising sugar producers regarding the recent SRA Order No. 7 issued converting the D or world sugar to B or domestic sugar. As every planter knows D was bought by traders at a low price while B is priced higher.

India to see massive Sugar output in 2014-15 season

Sugarcane crushing operations across the country are about come to an end. Only 19 sugar mills are crushing at present. As compared to about 240.49 lakh tons of sugar produced between 1st October 2013 and 31st May, 2014, in the last 2013-14 sugar season, the Indian sugar industry has produced a record 279.57 lakh tons of sugar in the current 2014-15 sugar season between 1st October 2014 and 31st May 2015, according to a data by Indian Sugar Mills Association(ISMA).

A tale of two agri-industries

This is a narrative of two major industries in the countryside: coconut and sugar. Some 3.5 million hectares are planted to coconut, and about 430,000 hectares to sugarcane. By constituency, the coconut organizations claim about three million farmers, farm workers, and harvesters are directly dependent on coconut. The sugar industry claims about 600,000 direct beneficiaries.

Contract for $250m Oman sugar refinery project today

MUSCAT: A keenly awaited contract for the construction of the Sultanate's first sugar refinery is due to be signed here today, the initial piece of a much larger jigsaw representing a new agri-industrial cluster taking shape at Sohar Port and Freezone. The deal, worth an estimated $250 million, will be inked by Oman Sugar Refinery Company (OSRC) with China Light Industrial Corporation for Foreign Economic and Technical Cooperation, the former's candidate for the implementation of the landmark venture.

Ethiopia to double number of sugar estates by November, eyes $500 mln revenue -official

ADDIS ABABA (Reuters) - Ethiopia is on track to double the number of its sugar estates to six by November this year, a senior official said on Friday, and the Horn of Africa country hopes they will generate $500 million a year in export revenue.

SocialTwist Tell-a-Friend Sugar cane industry still important to Barbados

Barbados needs to revitalise its sugar industry. This is coming from Attorney General, Adriel Brathwaite, who delivered the feature address at the St. George Farmers' Marketing Co-operative Society Limited's 30th Anniversary Dinner and Awards Ceremony on Saturday night at the Accra Beach Hotel and Spa.

Mumias Sugar almost grinding to a halt

The once-vibrant Mumias Sugar Company might grind to a halt in a matter of days unless the State acts fast to inject the much-needed capital to sustain its operations.

Oman's first sugar refinery to start operation in the first quarter of 2018

Muscat: Oman's first sugar refinery will start operation in the first quarter of 2018, even as the promoters have signed a $300 million engineering, procurement and construction (EPC) agreement with China's Sinolight Corporation on Sunday to build the refinery at the Port of Sohar.

EU beet sugar sector urged to be vigilant in 'period of turbulence'

European beet growers have warned the EU sugar sector has entered a period of turbulence and urged the market to remain "particularly vigilant" and to take necessary and timely measures to mitigate the consequences of an unbalanced market and of further restructuring in the future.

Sweet As Sugar...But Very Hard To Swallow

Taco Bell is rolling out a breakfast item that is the quintessential south-of-the-border desayuno especialidad:

Oman awards EPC contract for sugar refinery

Work on Oman's first sugar refinery will begin towards the end of this month, setting in motion the development of an ambitious food cluster at Oman's Sohar Port and Freezone, a report said.

Bumper sugar crop predictions giving industry hope

ONE of the most powerful economic forces on the Fraser Coast is on the verge of turning in its best performance for almost a decade.

Tully Sugar CEO exits industry as marketing battle brews

He was appointed CEO by the new owner of the Tully Sugar mill - the Chinese state-owned agricultural and food giant, Chinese Oil and Food Company (COFCO).

New sugar industry - 2

I mentioned in the first of this series that the continuation would be tomorrow but the volume of materials that came out of the consultations need to be discussed in detail and shared to as many people as possible. The sugar industry is perhaps the most misunderstood of the agricultural sectors in the country.

The looming threat to our sugar industry

Import duty has fallen to 5% this year. The AEC is a net sugar importer, but Thailand stands to benefit. It has a modern, competitive sugar industry. It is a global player after dominant Brazil.

GuySuCo CoI and Board of Directors should have professionals as members

Our ailing sugar industry has been attracting numerous diagnoses and prescriptions from many well-meaning experts', friends and serious stakeholders who should all be complimented for their genuine interest in Guyana's historically foremost and currently still very important industry.

The current government should not go it alone on GuySuCo

Three years ago, at a public forum at the new Hope Secondary School, I expressed the view that GuySuCo would not survive another four years. Three years have gone by and GuySuCo has all but closed its tired eyes for good.

Save farmers from further suffering in privatisation of sugar industry

Privatisation is here with us again. This time it is to privatise sugar factories in Western Kenya, which are indebted to the tune of Sh59 billion.

NHS boss warns food and drink industry must act to cut sugar

The head of England's NHS has taken aim at the food and drink industry, saying it must cut the sugar content of its products or risk poisoning the public.

The current government should not go it alone on GuySuCo

Three years ago, at a public forum at the new Hope Secondary School, I expressed the view that GuySuCo would not survive another four years. Three years have gone by and GuySuCo has all but closed its tired eyes for good.

Save farmers from further suffering in privatisation of sugar industry

Privatisation is here with us again. This time it is to privatise sugar factories in Western Kenya, which are indebted to the tune of Sh59 billion.

Truth about sugar anything but sweet

Award-winning filmmaker Michele Hozer needed healthy viewers to get the message about sugar's toxicity.

Bitter sugar story

Of recent, the media has been awash with stories depicting a lack of competitiveness of Uganda's agricultural sector vis-a-vis other countries visited by Ugandan progressive farmers. The American Chamber of Commerce in Uganda organised an expo in Kampala dubbed Generation Agripreneur: Shaping the next 25 years of Ugandan agri-business' with lessons on the traits of the typical American farmer. What the stories inform the public is that despite Uganda enjoying a Comparative Advantage GOD's NATURAL BLESSING' relative to other countries, agricultural productivity remains low. The stories contribute to the current debate on Global Value Chains and Competition; the Name of the Game Today. The pressure of competition is being felt due to the globalisation of industries, as they strive to create and capture value across processes that are dispersed in space and time through coordinated value chains (VCs).

Bumper sugar crop predictions giving industry hope

ONE of the most powerful economic forces on the Fraser Coast is on the verge of turning in its best performance for almost a decade.

At least 25 container vans of sugar smuggled out of Misamis Oriental port

CAGAYAN DE ORO CITYAt least 25 to 30 40-footer container vans of refined sugar were successfully smuggled out of the Mindanao Container Terminal in Tagoloan, Misamis Oriental, last week before authorities seized over a dozen others, according to Customs Deputy Commissioner Jessie Dellosa.

Sugar co's loss deepens on steep fall in sweetener's price

Triggered by a sharp decline in sugar prices, large mills in this business, barring Shree Renuka Sugars (SRS), reported deepening of losses for the quarter ended March 31, 2015. Sugar companies in profit zone also posted a steep fall in their profitability.

South Africa: Bittersweet Time for South African Food Sweetener Market, Says Frost & Sullivan

The South African food sweetener market, which includes sugar, polyols and non-nutritive sweeteners, is at a crucial inflection point in its growth trajectory. The market is dominated by sugar, when analysed in terms of volume, and sugar consumption continues to grow in line with the country's gross domestic product and population expansion. However, sugar could slowly lose ground to sugar substitutes, especially non-nutritive sweeteners, owing to health concerns, such as obesity and non-communicable diseases.

Tough times for Illovo Sugar's local output

LLOVO Sugar faced economic headwinds in the latest financial year as lower European Union and global sugar prices, as well as currency headwinds hurt earnings, despite strong domestic markets.

Cane farmers need to decrease costs to reduce sugar smuggling

Professor Vo Tong Xuan told Lao Dong (Labour) newspaper that to stop sugarcane smuggling, the country should lower sugarcane production and sugar refinery costs.

Illovo says policy certainty key to unlocking sugar's cogeneration potential

Sugar producer Illovo says there is a major opportunity to alleviate South Africa's immediate power crisis and reduce rural poverty by more fully exploiting the industry's electricity cogeneration potential. But MD Gavin Dalgleish says this potential will only be fully exploited once there is greater policy certainty on the role of bagasse-based cogeneration in the country's electricity mix, supported by a viable tariff structure.

Tongaat Hulett SwazilanD profits down by E41m

THE reduction in export sucrose price into the European Union (EU) has hurt profits of Tambankulu Estates' (Tongaat Hulett Swaziland) as they have declined by E41 million reaching E29 million.

Tribute soon to sugar workers

THOSE COUNTLESS folks who helped to build the sugar cane industry and the Crop Over festival will be getting their own monument.

Unions' dispute may spur strike in sugar sector

UNIONS in the sugar industry are due to lodge a dispute with employers on Wednesday, amid fears of a strike that would cripple the struggling R12bn industry.


MBABANE Threats to the sugar industry seem to be relentlessly mushrooming, something which is slowly pushing the industry to a brink of collapse.

Digital maps for cane farms

THE digital mapping of cane farms and geography of the Western Division will bring enormous gains to the sugar industry, says Skyward Industries Limited CEO Kevin Rotsaert.

Bitter harvest for sugar, again

Thanks to surplus harvest, plummeting international prices, rising cane costs and exhausted govt treasury

South Africa's Tongaat posts lower full-year earnings

JOHANNESBURG (Reuters) - South African sugar maker Tongaat Hulett posted a 16 percent drop in full-year earnings on Monday, weighed down by lower sugar output and prices.

Brazil's Cosan 2014/15 sugar output down 9 pct

SAO PAULO, May 7 (Reuters) - The sugar and ethanol division of Brazilian conglomerate Cosan SA said late Wednesday its sugar output in the 2014/15 season fell more than 9 percent from the previous season after drought crimped cane development.

Low sugar prices hurt South Africa's Illovo Sugar, Tongaat

JOHANNESBURG (Reuters) - Illovo Sugar Ltd and Tongaat Hullett, Africa's two biggest producers of the sweetener, reported weaker full-year profits on Monday, blaming softer global prices and lower output, sending their shares sliding.

ADM scaling back global sugar trading - sources

LONDON, May 22 (Reuters) - U.S. agribusiness Archer Daniels Midland Co is scaling back its modest-sized sugar trading operations and the London-based head of that business has left after less than four years, trade sources said, a sign of the sugar market's deepening woes.

Kenya plans to privatise sugar companies within 12 months

NAIROBI (Reuters) - Kenya has approved the sale of the government's stakes in five sugar companies and expects to sell 75 percent stakes in transactions that will be completed in the next nine to 12 months, the Privatization Commission said on Friday.

Tesco to cut soft drinks sugar content

Campaign group Action on Sugar has welcomed Tesco's commitment to reduce added sugars by 5% per year in all their own-label soft drinks.

South Africa: Dry Conditions Impact Tongaat Hulett Results

The results of Tongaat Hulett [JSE:TON] for the year ended March 31 2015 were attained in difficult conditions in the sugar industry and with a number of positive achievements in terms of cost reductions, securing local markets and future cane supplies, said CEO Peter Staude on Monday.

Nigeria: Dangote Sugar Pays N4.8 Billion Dividend

Dangote Sugar Refinery has declared N4.8 billion dividend for the year ended December 31, 2014 to be paid to its shareholders. The dividend, which translates into 40 kobo per share, was approved by the shareholders at the 9th Annual General Meeting (AGM) in Lagos. In his address to shareholders, the Chairman of Dangote Sugar, Alhaji Aliko Dangote, said despite the challenging circumstance in 2014, Dangote Sugar posted a turnover of N95 billion.

First Sugarcane Bio-Factory Begins Operations in Nigeria

The federal government yesterday inaugurated Nigeria's first Sugarcane Bio-factory in Zaria as part of efforts to achieve national self-sufficiency in the nation's sugar requirements

Government proposes to set $340-duty on sugar import from Ukraine

Bishkek (AKIpress) - The Government of Kyrgyzstan has proposed to set $340-duty on sugar import from Ukraine per one ton, according to a draft resolution...

Katter MP to introduce sugar bill

KATTER'S Australian Party plans to introduce a new bill in Queensland's parliament to help the state's sugar industry.

Western Sugar to shift production from Wyoming to Colorado, Nebraska

SCOTTSBLUFF, Neb. Denver-based Western Sugar Cooperative intends to expand the production capacity at plants in Nebraska and Colorado while reducing its Torrington, Wyo., operation to sugar storage and shipping.

SRA hits BIR on sugar VAT

MANILA - The Sugar Regulatory Administration (SRA) continues to question the imposition of advance value added tax (VAT) on raw sugar even as the clarification issued by the Bureau of Internal Revenue (BIR) on sugar tax treatment would be implemented this month.

Kenya plans to privatise sugar companies within 12 months

NAIROBI (Reuters) - Kenya has approved the sale of the government's stakes in five sugar companies and expects to sell 75 percent stakes in transactions that will be completed in the next nine to 12 months, the Privatization Commission said on Friday.

Alta. beet growers, Rogers Sugar reach four-year deal

Sugar beet growers in Alberta will have a growing season in 2015 after all, having reached a last-minute deal with Canada's lone sugar beet processor.

South Africa: Sugar Industry to Explore Other Avenues to Increase Its Revenue

The Portfolio Committee on Trade and Industry heard yesterday that the R12bn sugar industry is looking to diversification to increase its revenue.

Platts' Kingsman cuts 2015/16 sugar supply deficit forecast

May 12 (Reuters) - Platts' Kingsman slashed its forecast for a global sugar supply deficit in 2015/16, suggesting that earlier deficit projections were overblown given higher-than-expected output in key producers like India and Brazil.

'Little hope for sugar bulls,' says Kingsman

Platts Kingsman cautioned over a long-awaited recovery in sugar prices as it ditched expectations of a production deficit this season, and slashed its forecast for a shortfall in 2015-16 below 500,000 tonnes.

New sugar beet varieties offer opportunity

Limagrain UK is announcing the addition of three new sugar beet varieties to the BBRO Recommended List for 2016. All three varieties BTS 470, BTS 340 and BTS 775 are high yielding in their respective market segments and offer growers three distinct and unique offerings in terms of output and management ease.

Kenya: Sugar Firms Merger a Sabotage, Says MP

THE proposed merger of Muhoroni and Chemelil sugar factories in Kisumu county is economic sabotage, Muhoroni MP Onyango K'Oyoo has said.

Malawi: Illovo Sugar-Dwangwa Estate Reduces Injuries By 92 Percent

Nkhotakota Illovo Sugar-Dwangwa Estate has reduced disabling injuries among its employees by 92 percent since 2008, Malawi News Agency (Mana) has learnt.

Doc explores dark side of sugar

A new documentary set to hit a Vancouver screen this week explores the not-so-sweet side of sugar consumption, called Sugar Coated.

Sugar Co-op Federation appeals to FM

Maharashtra cooperative sugar industry has appealed to the Centre to further amend the Income Tax Act whereby any expenditure incurred by sugar factories towards purchase of sugarcane be deemed to be incurred wholly and exclusively for the purpose of their business, reports Business Standard.

5th Africa Sugar Outlook Conference in Kenya

Co-hosted by the Kenya Sugar Directorate, it welcomed hundreds of participants and key speakers, including governments' representatives, international experts, senior decision makers and industry leaders from Africa, the Middle East, Europe, Brazil, and Australia.

John McCreedy is new CEO of Amalgamated Sugar Company

John McCreedy has been named as the new president and chief executive officer of the grower-owned Amalgamated Sugar Co. McCreedy, who has worked at Amalgamated Sugar for 11 years, follows Vic Jaro, who has retired after nine years as CEO.

Mystery syndrome hits sugar cane industry

Yellow Canopy Syndrome appeared at a farm south of Cairns in 2012 and has since spread to farms across north Queensland including Mackay.

Millions of farmers keep faith in sugar cane, shrug off poor returns

AHMEDNAGAR, India (Reuters) - It is a Catch-22 for Nandkumar Patil, one of the millions of sugar cane farmers in India.

Sarina Sugar Shed conquers awards

SARINA Sugar Shed has picked up three awards at this year's Mackay Region Tourism Awards.

Sugar company pulls out

Asia's largest sugar producer, Thailand's Mitr Phol Sugar Corporation, has withdrawn from its three plantations in Oddar Meanchey province following years of criticism over alleged illegalities and human rights abuses at the concessions, a development watchdog has said.

Kenya: MP, Chemelil Case Still On

Chemelil Sugar Company was on Thursday put to task at the High Court in Kisumu over a Sh21 million fraud case against Kitutu Chache South MP Richard Onyonka.

Sugar industry in balance struggle

HA NOI (VNS) The domestic sugar industry is struggling to gain a balance between supply and demand, after years of grappling with high inventories and plunging oil prices.

Elections to sugar factory board peaceful

Officials had put up 43 polling booths on the 170-acre campus of the factory in Hallikhed village in Humnabad taluk. Bigwigs fighting the elections included Rajshekar Patil, MLC and Congress leader; Sanjay Kheny, factory president and a relative of Ashok

Wilmar believes fair competition in sugar is "premature"

DRAFTING legislation to ensure fair competition in sugar marketing is "premature and unnecessary", according to sugar industry giant Wilmar.

Rise in sugarcane arrears slows

Dues to cane farmers have stopped ballooning, although the sugar industry is not yet out of a crisis.

$3 Billion of Unpaid Bills Fail to Deter India Sugar Farmers

Sugar production in India will probably exceed demand for a sixth year as farmers maintain plantings in spite of the $3.2 billion they're owed by mills.

More of Brazil's sugar scooped up for ethanol, but sweet spot elusive

When you're sitting on a shed load of sugarcane, it's nice to know you have options. For Brazil, as the powerhouse of global sugar production, that choice falls into two broad areas make sugar, or make ethanol.

Call to revive Brahmavar Sugar Factory

Chief Minister Siddaramaiah said here on Monday that there was a demand from farmers for revival of the Brahmavar Cooperative Sugar Factory, which had closed down in 2004 due to mounting losses. There would be a feasibility study on the revival of the factory and based on the study, the government would take a decision. After he became Chief Minister, he had released Rs. 12 crore to clear the dues of the factory to its workers and farmers, Mr. Siddarmaiah said.

Blaze at sugar factory in Bury St Edmunds among fire service call outs in west Suffolk today

The incident, in a carpentry workshop, was tackled by two firefighters wearing breathing apparatus.

African sugar producers should eye regional markets: minister

LONDON (Reuters) - African sugar producers will have to focus on growing regional markets before the European Union dismantles production quotas from 2017, Nigeria's agriculture minister said on Tuesday.

Talks sour between Lantic and Alberta sugar beet growers

Talks have gone sour between sugar company Lantic Inc. and southern Alberta farmers who produce Canada's only homegrown source of the sweetener.

Raw sugar falls after record delivery, cocoa turns lower

NEW YORK/LONDON (Reuters) - Raw sugar futures on ICE fell 2 percent on Friday, pressured by a record delivery and the firm U.S. dollar, while New York cocoa fell sharply from an eight-week high on pressure from the weak pound, creating a technical formation that attracted selling.

Acting Sugar PS opens GIS workshop

ACTING Sugar permanent secretary Parmesh Chand opened the Geospatial Information System Sugar Industry workshop at Vuda this morning emphasising the importance of the technology in the monitoring and development of the sugarcane industry.

Uganda: Amuru Women's Naked Power

On April 14, a group of elderly women stripped before a huge gathering called over a government plan to re-demarcate land for a national game park in Apaa village, Labala parish, in Pabbo Sub-county, Amuru District.

Ministry works with industry

ACTING Sugar permanent secretary Parmesh Chand says the Sugar Ministry is working closely with the Fiji Sugar Corporation and industry stakeholders to ensure the 2015 harvest and crush season is a successful one.

Government moves may prop up sugar industry

Agrarian crisis (or farmers' crisis) is a politically sensitive issue and the government of the day does not want to take any chance. Sugarcane farmers had long been complaining that they were not being paid at all or properly by mill owners, particularly the loss-making mills. Sugar prices in the domestic market have also been falling for a number of reasons, including overproduction.

UP millers to up production of Ethanol

LUCKNOW: Uttar Pradesh cane mills may up their ethanol production to counter the sugar glut that plunged prices of sugar and pushed state's second largest industry on a brink of a severe financial distress that threatens to show up in the form of mounting cane arrears due towards over 40 lakh cane growers in the state.

Concern on lighting fires near cane farms

Update: 11:26AM DUE to the cost to farmers, the sugar industry and the economy, the public is being advised against lighting fires unnecessarily near sugarcane fields.

Fiji gets ready for the EU sugar access to come to an end in 2017

The Prime Minister and Minister for Sugar says we need a holistic approach to resolve issues in the sugar industry as Fiji will lose the current access to the European Union in 2017.

Trade agreement raises sugar cane industry concerns

The Trans-Pacific Partnership agreement that would regulate trade between the U.S. and 11 other countries is causing concern that it could bring down prices for the local sugar industry.

SIDF Depleted, PM Harris Reveals

The Denzil Douglas-led government in 7 years spent $1.26 billion of the SIDF money, leaving the foundation with almost nothing, PM Dr. Timothy Harris contends.

Stranger on our shores steams at Statfold

A Goose flies and an American locomotive Davenport steams with 17 others in the Midlands The only example in the UK of a locomotive produced by Davenport Locomotive Works of Davenport, Iowa, USA was unveiled in glorious steam action at the private Statfold Barn Railway on March 28.

Relief measures for sugar industry is a mockery: OP Dhanuka

OP Dhanuka, CMD Riga Sugar Company and past President of Indian Sugar Mills Association and Bihar Sugar Mills Association, has criticised the recent relief package announced by the Centre for the sugar industry.

Dangote Sugar Records N22bn Revenue in First Quarter

Dangote Sugar Refinery Plc last week reported a revenue of N22.4 billion for the first quarter (Q1) ended March 31, 2015 and a profit before tax (PBT) of N3.8 billion, as against N25 billion and N5.8 billion respectively in the corresponding period of 2014. Profit after tax decreased to N2.4 billion, from N3.8 billion in 2014.

Refined sugar cess to fund JCPS

Caribbean Depot Limited is adding up equipment and expanding capacity to package refined sugar under the Jamaica Gold brand for distribution to local and, eventually, Caribbean markets on behalf of brand owner Jamaica Cane Products Sales Limited (JCPS).

Imported sugar crushes hopes of cane growers

Sugarcane farmers in the region are in dire straits due to glut in sugar production. The government's decision early this week to hike the import duty on sugar from 25 per cent to 40 per cent was described as too little too late by the farmers here. Kurubur Shanthakumar, president of the Sugarcane Cultivators' Association, told The Hindu that the decision to hike import duty on sugar should have been introduced earlier to prevent the glut in the market and prevent the slide in prices.

Wilmar said to take record sugar delivery on ICE

Wilmar International took 1.9 million metric tons of sugar, the biggest delivery against expiring futures in New York on record.

Fitch Publishes Brazilian Sugar and Ethanol Peer Study

Fitch Ratings has published its Brazilian Sugar and Ethanol (S&E) Peer Study. The report explores the various factors used to determine the relative credit quality of companies in the sector and explains the reasons for differences in the ratings of key players.

Rogers Sugar Inc.: Interim Report for the 2nd Quarter 2015 Results

Message to Shareholders: On behalf of the Board of Directors, I am pleased to present the unaudited condensed consolidated interim financial results of Rogers Sugar Inc. (the "Company") for the three and six months ended March 28, 2015.

Zimbabwe: Mahofa Slams Tongaat Hullet

Minister of State for Masvingo Provincial Affairs Senator Shuvai Mahofa has slammed Lowveld sugar producer Tongaat Hulett for deliberately dragging its feet in complying with indigenisation and empowerment laws to the detriment of thousands of landless people in the province.