India Business Forum

Search Button

The Indian Express

The Financial Express

Latest News

EIW

Market Indicators

Screen

Boulevard India

Celebrity Chat

Express Computers

Express Power

Letters

Advertisers Forum


Headstart

Business Forum

Match Makers

Express Properties

Palki - Travel & Tours

Information Technology

Astrosurf

Eco-India

Dr Know

Morning Digest

Express Greeting

Graffiti

Drumbeat: Ad Buzzaar


FINANCIAL EXPRESS FRONT PAGE

Corporate

Economy

Expressions

Markets

Leisure

 

Friday, November 6, 1998

Mitch hampers cane-growing in Guatemalan 

Ricardo Miranda  
Guatemala City, Nov 5: Guatemalan sugar cane producers said on Wednesday it was difficult to estimate damage to the crop from Hurricane Mitch, but agreed production had been hurt and would be delayed.

Sugar is Guatemala's second most important export, following coffee.

"We could say in theory that the sugar cane harvest will be delayed one or two weeks," Armando Boesche, general manager for the Guatemalan Sugar Growers Association (Asazgua), told Reuters. He declined to estimate crop damage.

Miguel Maldonado, production engineer at the nation's second-largest sugar mill, La Union, agreed that the harvest would likely be stalled at least 15 days.

He said sugar cane crops received heavy rains from Hurricane Mitch, which pummeled Central America late last week and over the weekend and killed at least 9,000 people. Some plantations were flooded, he added.

"We haven't been able to get near the fields because access has been flooded, so we can't even quantify the losses," Maldonado said.

Mother Natureserved Guatemala a double blow this year, first from an El Nino-spurred drought and then from Mitch's rains.

The small Central American country produced a record 38.95 million quintals (45.36-kg bags), equivalent to 1.767 million tonnes in the 1997/1998 harvest, and had hoped to reach similar levels in the 1998/1999 season.

Excessive rains will affect the cane's quantity of sucrose, Boesche added, noting the extent of damage will be clear by the end of the year.

Sugar production for the region looked bleak, added the director of the Central American Isthmus Sugar Producers Association (AICA), Jose Orive.

No Guatemalan mills were damaged, but flooding had cut off roads and could prevent sugar cane harvest, he said.

"Honduras is the most affected country, with access to five of seven mills only by air or boat," Orive said.

He added that floods in San Miguel, El Salvador, would also affect the sugar harvest in that country, while Chinandega, Nicaragua, mills were additionally flooded.

Copyright© 1998 Indian Express Newspapers (Bombay) Ltd.


Top


The Ambassador Group of Hotels

Global Tenders invited by MSTC

The National Stock Exchange of India (NSE)

 

Click here for a printer-friendly page Printer-friendly page

One of India's Leading Banks


The Indian Express  |  The Financial Express  |  Latest News
Screen  |  Express Investment Week  |  Market Indicators  |  Express Computers
Astrosurf  |  Eco-India  |  Travel & Tourism  |  Information Technology  |  Drumbeat: Ad Buzzaar
Advertisers Forum  |  Career India  |  Business Forum  |  Match Maker  |  Express Properties