Posted: Tuesday, July 26, 2016. 9:50 a.m. CST.
By BBN Staff: Cane farmers in the Orange Walk district are currently staging a protest in front of the BSI/ASR compound over the ongoing dispute regarding the sharing of losses of hundreds of thousands of dollars in spoiled molasses.
The farmers are reportedly protesting without a license and police have been called on the scene to prevent the farmers from entering the compound.
Last week the Belize Sugar Cane Farmers Association (BSCFA) cried foul and said the Belize Sugar Industries (BSI) Ltd. should bear the full cost of the $432,666 loss from the 3,900 tons of molasses destroyed by a chemical reaction in one of the molasses tanks at Tower Hill Sugar Factory.
They also want the Sugar Industry Control Board to have BSI assume the entire financial loss and for BSI to revise the estimated average cane price to be used for the second payment to cane farmers for the 2015/2016 crop by using the actual contract price for the export sale of molasses.
The BSCFA argues that anything that happens to these products within the factory are BSI’s sole responsibility, and hence any losses that occur in these processes should be borne fully and solely by BSI.
View pictures of the sugar cane farmers protest here: http://bit.ly/2aeAIen
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