Fiji Sugar Corporation: $40 Million Paid Out To Cane Farmers
Fiji Sugar Corporation Limited’s (FSC) third cane payment to sugarcane farmers for the 2022 harvest season, was amongst its highest on record.
Tuesday 04 April 2023 | 18:45
Fiji Sugar Corporation Limited’s (FSC) third cane payment to sugarcane farmers for the 2022 harvest season, was amongst its highest on record.
FSC said this year’s third cane payment of $24.62 a tonne was amongst the highest in the last two decades.
Chief executive officer Bhan Pratap Singh said the net share of the sugarcane growers’ cane proceeds received as of February 28 2022, was $185,454,314.
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The sum is equivalent to $78.15 a tonne of cane, in accordance with the Sugar Industry Master Award.
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Source: Fiji Sugar Corporation
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