Seems like the GOG needs to examine this approach of subsidies. Too bad they didn't see fit to help save the sugar industry. Maybe it is not too late?
I’ve always supported subsidizing sugar in exchange for forex. However, I am not privy to the entire business case. I believe sugar, as a forex earner, deserved the subsidy as long as it’s local currency input costs being traded for forex. This is why I do not understand the value proposition of the new skeldon plant. But again, I don’t know the business case there either.