The 2024/2025 sugarcane season has officially wrapped up, and the results are hard to ignore. BSI’s Director of Finance, Shawn Chavarria, says this year’s crop is one of the worst in decades, with cane deliveries falling below eight hundred and eighty-four thousand metric tons and sugar production expected to dip under seventy-nine thousand metric tons. That’s a twenty-five percent drop from last year—and the lowest output in nearly forty years. So, what went wrong? From extreme weather and crop disease to poor cane quality and long factory stoppages, the challenges were many. But as losses climb into the tens of millions and farmers brace for lower payments, the bigger question is: How can Belize’s sugar industry weather future storms—and is it time to rethink how we grow and grind?
Shawn Chavarria, Director of Finance, B.S.I.
“This morning, we concluded the 2024/2025 milling season. The total cane received is just under eight hundred and eighty-four thousand metric tons of cane. That’s a low for us. The previous low was in the 2020 crop when we had the impacts of the severe drought from 2019 where we had milled just slightly under nine hundred thousand metric tons of cane. So, for us, it’s not a very good crop and what has compounded it is the lower quality of cane that we received this year. Our TCTS, we’re still going to be liquidating the factory in the coming days, but our TCTS will end up somewhere around 11.1 or 11.2 which is one of the lowest we’ve seen since the 2010 crop. Total sugar production is estimated after liquidation to be somewhere around just under seventy-nine thousand metric tons of sugarcane. That’s certainly one of the lowest we’ve had in the past thirty-five to forty years. The previous low was in 2008, when we had produced just over seventy-nine thousand metric tons. So we’ll be below that figure and so it’s not a very good crop from our standpoint. It’s been very challenging. We’ve have a lot of issues with weather, disease. We had long stops as well due to heavy rains at the early outset of the crop. From our standpoint, production, compared to last year which, even at that level, was not ideal at 104,000 metric tons of cane, we’re going to be twenty-five percent below that figure. So our losses will be significant this year. In the tens of millions of dollars. Growers will similarly see a reduction in the cane price. Not only because sugar prices have been lower, but the quality of cane, that TCTS ratio is much higher. So, from the same cane, you are getting less sugar.”