date:Jun 19, 2014
sland Sugar has thus far precluded price competition on the export market. Farmers fear that the creation of a new channel will cause a race to the bottom on sugar export prices.
Over 2,500 individual farm operators are expected to grow sugar cane for manufacturers in 2013-14. Consequently, farmers have negligible power in negotiating with giant sugar manufacturers. IBISWorld said farmers were already contending with variable weather patterns, and volatile farmgate prices caused by downstream