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Continued Wet Weather Dampens Sugar Hopes

09 November 2010

AUSTRALIA – Concerns have been raised about the continued wet weather in parts of Australia, with a sugar production company saying that it could hamper cane crop harvesting.

Mackay Sugar said that there is a risk that the whole yield may not be harvested, ABC News reported.

Company official Dave Langham explained that all mills, except Marian, were stopped due to the wet weather conditions yesterday, leaving one million tonnes still to be crushed.

The final crushing day is likely to be moved to early December in an effort to maximise the amount of produce delivered, a measure which has not been taken for many years.

Mr Langham explained: "The [year] that comes readily to mind to most growers and ourselves is 1998 when we [finished] about 13th December, but that was a particularly wet year. We probably went on longer than what we would [now] but it was certainly a difficult finish." reported that sugar prices have hit a 29-year high over supply concerns.

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