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GGC anticipating 20% increase in annual sales

GGC anticipating 20% increase in annual sales
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Thailand and Singapore Sign Agreements to Deepen Economic Cooperation

Bitter times in the sugar industry as climate change drives farmers away

Reporter Sugar prices are soaring worldwide. The Food and Administration Organization says the international price index of the household staple has hit an almost four-year high, thanks largely to a steep drop in imports from Asia, where farmers in key sugar-producing countries are struggling as climate change delivers unfavorable weather for their crop. Sugarcane crushing season is coming to an end in Thailand, and it has been a tough year for the farmers. Unusually dry weather means the country’s output has plummeted by about 40 percent according to the country’s Cane and Sugar Board. Small-scale sugarcane farmers like 43-year-old Mali Ditri face an increasingly difficult choice. Mali oversees 79 acres of farmland in the agricultural heartland of Nakhon Sawan province. The area got about 1,200 millimeters of rainfall in 2005, according to the Thai Meteorological department. Last year it got just 800 millimeters.

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