From our Bureau of Revealing But Depressing Statistics
Ay, Mami! The glorious Castronoid “Revolution” killed Cuba’s cash cow decades ago. Sugar was the most lucrative export for the island, and it was that product that made it prosperous.
Well… you know the story. Cuba still exports some sugar, but by doing so it creates shortages on the island and the end result is that it now has to IMPORT some sugar.
Perhaps if the Castronoids had turned over the sugar industry to Canadians — as they did with mining — things would be different?
Why didn’t they do that? Well…you know the answer, and it has something to do with megalomaniac charismatic leaders their stubbornness and stupidity.
Nearly half of Cuba’s arable land — some of the most fertile soil on earth — is lying fallow, much of it now covered in the invasive Marabu weed .
Long live total state control of all property and all means of production!
Loosely and hurriedly translated from Marti Noticias:
The Cuban state sugar monopoly Azcuba met its export commitments for this season despite the fact that production weighed 13% below the plan, Prensa Latina news agency reported the weekend, citing company spokesman Liobel Pérez .
Pérez told Prensa Latina that this season’s performance was 31% higher than last year’s production of around one million tons.
That would place the production of this harvest at 1.3 million tons, one of the lowest since the early twentieth century.
At a government meeting in December, Economy Minister Alejandro Gil Fernandez said the country run by the Communists would produce 1.5 million tons of raw sugar and export 920,000 tons.
The Caribbean island, where sugar was once synonymous with its name, produced 1.9 million tons of raw sugar during the 2016-2017 harvest, according to the International Sugar Organization.
But a prolonged drought, Hurricane Irma in September 2017 and the off-season rains devastated the next harvest.
Cuba is going through a serious liquidity crisis due to the collapse of its strategic ally of Venezuela, the new sanctions of the United States and the inefficiencies of the Soviet-style economy.
The country has drastically reduced imports, creating new problems for the already decapitalized industry.
Pérez said that none of Cuba’s 13 sugar-producing provinces complied with their plans and only 17 of 54 mills.
Pérez attributed it to several problems, including “the late arrival of spare parts for mills, harvesters and trucks (…) the poor condition of the roads, the lack of workers and the quality of the cane.”
The harvest begins in November, is in full swing in January and ends in May, when summer humidity and precipitation make work difficult and expensive. The mills that operate in June are rare.
Cuba consumes between 600,000 and 700,000 tons of sugar per year and has an agreement to sell 400,000 tons annually to China. Sell ??the rest in the open market.
Cuba imported some sugar last year and most likely will do it again this year.
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