LatinNews Daily - 21 February 2023

In brief: Warnings of sugar production deficit in Cuba

*Ángel Luis Ríos Riquenes, the general director of the productive chain process for Cuba’s state-owned sugar company Azcuba, has warned that so far Cuba’s sugar harvest for 2022-2023 was 95,000 tonnes (t) down on the forecasted amount of 455,198t although he said that producing the 400,000t required to ensure domestic consumption this year is a commitment “sustained” by Azcuba. He blamed the situation on breakdowns at sugar mills and equipment, and shortages of fuel, equipment, and machinery which he said was linked to difficulties “of finance” and the economic embargo placed on Cuba by the US. Cuba’s sugar harvest in the 2021-2022 season came in at 474,000t almost half the preceding season's 800,000t, and only 52% of the official target.

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