Sweet taste for consumers, bitter loss for cane farmers
Low sugarcane prices have led to unrest among farmers in Buyende District, who halted supplies to millers in protest. Consequently, consumers are experiencing the lowest sugar prices in five years, with a kilogram now at Shs3,500 in Jinja City, down from Shs4,500 earlier this year. Similarly, a 50-kilogram bag of sugar now costs Shs150,000, down from Shs250,000 last December. Farmers are protesting the raw cane price drop from Shs240,000 to Shs100,000.
A farmer cuts sugarcane in Buyende District at the weekend. Low prices of raw cane has contributed to a fall in prices of sugar.
The sugar price drop has led to significant unrest among sugarcane farmers, who have stopped supplying cane to millers for nearly two weeks in protest.
Consumers are enjoying the lowest retail price for sugar in five years, with a kilogramme now costing Shs3,500 in many shops in Jinja City, down from Shs4,500 early this year.
Similarly, a 50-kilogramme bag of sugar now costs Shs150,000, down from Shs250,000 last December.
Despite this drop, farmers have refused to supply sugarcane to millers for nearly two weeks, protesting the decrease in raw cane prices, which have fallen to Shs100,000 from Shs240,000 last December.
Source Link : https://www.monitor.co.ug/uganda/news/national/sweet-taste-for-consumers-bitter-loss-for-cane-farmers-4698238
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