Ron Vig News Today

From our Bureau of Moribund Sugar Kings Once upon a time, Cuba was the world's sugar king, exporting vast amounts of the sweet stuff to the whole world. Then the so-called "Revolution" came along. You know the rest of the story. Castro, Inc. has crippled sugar production to such a great extent that there may

Cubas iconic rum production is under threat as the countrys sugar output hits record lows, impacted by a severe economic crisis affecting essential agricultural supplies.

Producers of Cubas famous rum are feeling the pinch with local sugar output forecast to remain at record lows this season amid a grueling economic crisis which has dramatically reduced supplies... -November 29, 2023 at 07:27 am EST - MarketScreener

Producers of Cuba's famous rum are feeling the pinch with local sugar output forecast to remain at record lows this season amid a grueling economic crisis which has dramatically reduced supplies of fertiliser, fuel and other inputs needed to grow cane. The first of 25 state-owned sugar mills is set to crank up its machinery in the coming days with plans published in seven of 13 sugar-producing provinces pointing to similar output to last season’s 350,000 metric tons of raw sugar, do...