Dear Editor,
GuySuCo in typical style is releasing selective information to the public. Despite paying a millstone management team, G$14.1M/month, the nation does not have the sugar projection for this year, although it is February 2017. I have learnt that GuySuCo projects 198,458tonnes of sugar for this year. It is divided into 74,172t and 124,286t for first and second crops. I did suggest in one of my letters that a depressed estimate may be forthcoming.Editor, this is the lowest projection ever in recent memory and an embarrassment to the Board of Directors and Government. What really is this management team doing? We have moved from a low of 183,615tonnes in 2016 to another low of 198,458tonnes for 2017.This team is convincing everyone that they can deliver poor performances consistently over time. GuySuCo also has a history of not achieving targets, which brings into focus whether 198,458t will be delivered at the end of 2017.
I will not address the second crop estimate as it is too early, but will examine the first crop estimate. GuySuCo projects 74,172tonnes for first  crop 2017 which, incidentally, is now scheduled to start in early/mid-February instead of late February after my letter “This decision by GuySuCo boggles the mind.” With the incompetence and track record of poor performances, will GuySuCo achieve 74,172tonnes in first crop 2017? I will share with readers some past performances and allow them to make their own deductions. See table below:
2012 2013 2014 2015 2016 2017 1st Crop Sugar Projection (t) 100,634 71,666 74,617 86,201 80,270 74,172 1st Sugar Production (t) 71,146 48,038 79,995 81,143 56,645 ??  % Achievement on Projection 71 67 107 94 71 ??  It may be just coincidence, but a current IMC member was CEO of GuySuCo in 2013. Do we have a situation in 2017 where GuySuCo deliberately lowered the target to achieve it, or did management facilitate accelerated deterioration of fields and factories in 2015/2016 to justify its “shut-down & sell-out” vision?
Regards
Sookram Persaud