THE Guyana Sugar Corporation Inc.  (GUYSUCO) at the end of this crop  will manage to produce less than the target projected or 30 percent of the targeted 200,000  tonnes of sugar this crop, although the industry seven factories have already operated for the targeted weeks. Sugar production this crop will be far from the targeted production, the industry canes will produce just about less tonnes of sugar. The May/June rains have not provided GUYSUCO with an excuse for not being able to reap out the crop as the corporation would once more stand exposed because it has once again failed significantly in the targeted production, as was the case for the 20 crops (2001 to 2013).
Poor–yielding canes in the fields of the corporation’s cultivation, which are clustered with bushes and grass, are part of the reasons for the sugar per tonne ratio reaching unacceptable levels according to GAWU President Mr. Komal Chand.
The corporation budgeted to utilise 11 tonnes of cane to produce a tonne of sugar during 2001 to the current crop did not materialized ,however, the actual tonnes – canes per tonne –sugar ratio is just over 12 tonnes  as at the end of the current crop, far from the projected target this year.
The government, not mindful of the industry’s decline in sugar production with the turnaround plan injected G$4B ( US $20M)  into the sugar corporation towards funding the limping sugar industry in 2012 budget  and another $3.1 billion in the  2013 budget  with an aim to advance the much  touted  strategic plan to the mechanisation and field conversion drive and focus particularly critical areas.
The external outlook for sugar remains dim given Guyana’s low production to meet EU and CARICOM markets. The transfer of billions of dollars from central government to GUYSUCO was to ensure that the sugar industry is financially able to meet its operating and investment requirements.
The production and financial turn around were expected to be aided with this support from government and other initiatives taken by the industry But this did not rebound to the benefit the industry’s 18,000 sugar workers and their families, only the industry’s suppliers of goods and services benefited.
The loss of this huge sums of money, is a disaster to the nation and the economy, while the industry keeps underperforming