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UP farmers want 25% more for cane even as mills struggle with current price

Millers cite crisis in market due owing to glut and low sugar realisation to buttress claims of cash flow challenges, which had already resulted in high sugarcane arrears for the last season

From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal
premium

From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal

Virendra Singh Rawat Lucknow
As crushing operations in the country’s top sugar producer Uttar Pradesh is slowly picking up pace, the state farmers have demanded a hike of over 25 per cent in cane price, to about Rs 400 per quintal for 2018-19 season.

This comes in the backdrop of the private millers reiterating their ‘inability’ to pay even as the existing cane price level of Rs 315 per quintal (common variety) fixed last year for 2017-18 cycle.

At the cane price fixation meeting chaired by chief secretary Anup Chandra Pandey in Lucknow on Monday, the farmers’ representatives firmly demanded there was urgent need