this Ministry said that they have received over 15,000 new
applications to lease idle lands to produce cane, following
the passing of the Decree-Law 259, which enable Cubans to
acquire land to work on.
Deputy Minister Labrada pointed out at the Center of Studies
of the Cuban Economy that the first priority is to produce
sugar cane to then have the raw material to obtain sugar,
alcohol and other by-products.
The goal is to reach a two-fold increase on the tonnage per
hectare within the next five years, and to achieve this it
is mandatory to increase yield, repair roads and to plant
enough cane, as well as to improve the crops irrigation.
“The world’s demand for sugar will continue growing and it
shows in the markets” said Labrada.
Meanwhile, the raw sugar price rose to 29 cents per pound in
the New York market, and in London the metric ton of refined
sugar skyrocketed to 764.9 dollars.