The Guyana Sugar Corporation (GuySuCo) was forced to modify its annual production target of 97,420 tonnes of sugar after floods from earlier this year battered its cultivation and it managed only 57,995 tonnes.
Stabroek News was told that the three estates had to reduce their production targets due to the decline in yields and that weather conditions have contributed tremendously to the drop in sugar production for the current and last crop.
The disastrous output, continuing subventions to the industry from the state and absence of viable options for the still-shuttered Skeldon factory and estate will pile pressure on the government for radical decisions to be made next year.