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Cane Farmers and B.S.I. meetwill there be a crop season next week?
2014-01-09 07:11:34| Sugar Industry News
Tonight there is a development up north where the sugar industry has been at a standstill. And there is light at the end of the sugar-cane crop tunnel, as both B.S.I. and the BSCFA have compromised, if only tentatively, on a way forward. Both parties met today in Orange Walk, and the BSCFA presented as a matter of priority an interim agreement. Not surprisingly, the first point on that agreement is the issue of payment for bagasse. B.S.I., again not surprisingly, balked, stating that majority shareholders ASR would not accept the point as it is written, and there would have to be modifications. So that\'s where it all restson those modifications. If all goes well, the agreement would be signed by Monday and the crop season could get underway by Thursday. The clock is ticking and time is running out and both parties are hopeful that the interim agreement paves the way for a crop season to start next week. B.S.I.\'s Belizario Carballo says that B.S.I. has promised the revised interim agreement by this Thursday.
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