The Fiji Sugar Corporation (FSC) has announced $71.41 per tonne of cane payment as the forecast price for the 2025 season.
The forecast price for 2024 was $71.77.
This means the Government will only need to fork out $13.59 from its coffers to pay sugarcane farmers the $85 per tonne of guaranteed price.
FSC said the $71.41 forecast price had been made in accordance with the requirements of the Sugar Industry Tribunal Master Award.
As per the Master Award, FSC is required to make a first cane payment of 2025 that should be 60 per cent of the forecast price.
“The first payment for the 2025 season cane deliveries will therefore be $42.85 per tonne of cane,” said FSC in a media notice.
The Lautoka mill start its 2025 crushing season on June 11 while Labasa will commence on June 17.
Growers in the relevant mill areas should begin harvesting and delivery of cane a day before.
