Posted: Tuesday, February 25, 2020. 11:24 am CST.
By Aaron Humes: Santander Sugar Group has begun its harvest season, about a month after Belize Sugar Industries/American Sugar Refining in the North.
With considerably less time and production – 600,000 tons cane to harvest in 130 days – Santander focuses on a more efficient plan of harvest and delivery.
In a press briefing in Belize City, Santander’s management team says they have been able to avoid the worst effects of last year’s drought because the Cayo District is wetter and more humid than Corozal and Orange Walk.
Santander has introduced fully mechanized farming and harvesting across the 22,000 acres under its and its partners’ control and pays higher prices than BSI/ASR (not counting the cost of harvesting) for standing cane which it converts to raw and developed sugars, molasses and electricity.
But it is struggling to find markets to sell, sharing the European market with BSI and gaining a 25 percent foothold in the Caribbean.
Nonetheless, the family-owned company says it is not going anywhere and plans to expand in the coming years.
We’ll have more coming up.
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