BSCFA Talks Of A Cane Compromise
The BSCFA is close to accepting a three-year commercial agreement with ASR BSI amid ongoing negotiations.
The BSCFA is close to accepting a three-year commercial agreement with ASR BSI amid ongoing negotiations.
Belize Bank is expected to charge 25 cents for ATM withdrawals starting Tuesday, despite opposition from the Ashcroft Alliance seeking to challenge the directive.
The cane crop commenced with the Tower Hill Factory opening, while the BSCFA protested in Orange Walk Town.
The Belize Bank is challenging a Central Bank directive that limits ATM fees, seeking a judicial review and injunction against its implementation.
The BSCFA continues negotiations while other farmer groups, like the Corozal Sugar Cane Producers Association, have signed agreements to start the cane crop at Tower Hill Sugar Mill.
The sugar crop season began with the opening of the BSI mill in Tower Hill, while farmers protested in Orange Walk over contract demands.
ASR/BSI plans to open the sugar crop despite the BSCFA not signing a commercial agreement, leading to tensions among cane farmers.
Hugo Patt expresses that farmers in the cane industry are anxious and cautious about potential demonstrations and their impact on crops.
Shawn Chavarria reports that smaller sugar associations are prepared to start deliveries, while concerns remain about potential obstacles for farmers.
ASR/BSI expresses frustration over recurring issues with the BSCFA and calls for a long-term agreement to stabilize the sugar industry.
Negotiations between ASR/BSI and BSCFA have stalled as both sides move further apart on agreement terms.
BSI will import sugar from the US as local supplies run low, leading to a price increase for consumers.
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