Quote 'They noted that the price situation will become even more complex for Guyana when the cap on beet sugar production is deregulated.

They advised that the EU will be dominated by beet and cane sugar will have to compete with beet. Even in countries that are major producers of cane sugar, some factories have been closing…they emphasized that the cost of production must be brought down to be competitive. 'unquote

I heard that beet would displace sugar 30 years ago.

I'm sure Tate and Lyle have the best practice to benchmark Guyana's COGP.  That would be the good starting point to fact-base Guyana's industry and come up with measures to match-up.  It will required investment and even structural changed how the industry operates.  I think it will be a challenge.

Lets face it, we had Tate and Lyle before, and they were deemed unfit, so why now? what can they do to stop the hemorrhaging of the Sugar Industry. 

Next Year we will need to spend more billions, and then some more again, where do we stop.

Maybe, just maybe, there is go real good solution.  If not Tate and Lyle, then seek advise from other large sugar producers, how about Cuba.

If beet sugar is cheaper than cane sugar, or at least Guyanese cane sugar, then it will take over.  The days when Europeans will buy expensive ACP sugar is over. 

As of now only Guyana, and Belize see any future in sugar.  The only other ACP exporter is Barbados, which keeps its industry alive only for social purposes.  All the other Caribbean ACP producers have either shut down their industry, or produce for the domestic market only.

Cuba is another high cost producer with an industry on the brink of collapse.

I don't know the facts, but my point, benchmark the best in class and go from there.  If not Cuba, they who ever, India, Brazil, Indonesia, USA who ever.

De-centralize the industry. It was a mistake to put everthing and everyone together. Smaller entities are better managed.

Not sure.  Agro is one which leverage scale to become efficient.  Not being able to manage a company that size is sheer incompetence, not too big to fail of manageable.  That entire industry in smaller that a single mid-level division of many companies.  It is sheer incompetence and politicize decision-making.

for sugar cane cultivation . . .?

are u high?

Given that calamities that Guysuco is going through, I think that it will not be a bad idea divvy it up into smaller entitles, or if possible have these entities concentrates, sugar for local consumptions and sugar for export.

what does that even mean?

GUYSUCO is already a conglomeration of distinct sugar estates

Means that Guysuco will be relieved of begging for funds every now and again.

Private capital and labor will show how to do it.

please be specific about what u are proposing . . . u are confusing and unclear

thanks

Then your next scream will be "PNC sends Indians to the breadline," just like what the Chinese did to Lindeners. Private owners will shut down some estates, lay off workers, and increase mechanization, with additional job loss.  There will be no "social mission" of employing unneeded workers.

So what is new?

Guysuco producing at 40 cent and selling at 20 cents.

What is new?

This is not sustainable.  If Guysuco continues to lose money, how will the ministers be able to get an additional salary increase next year, on top of what was being proposed, before the PPP spy leaked the story to GTimes?

The AFC members were supposed to have all the answers.  They are the ones who will be blamed by the PNC.