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Tully sugar estimates cane loss at 25 pct in region

Published Updated

TULLY: Tully Sugar expects sugar cane losses at about 25 percent in its growing region after a powerful cyclone earlier this month, its chief executive officer told Reuters on Thursday.

"Just based on experience, when forecast in a reduction on the crop, I think it will be in the region of just over 25 percent," said John king, chief executive officer of Tully Sugar Limited.

Copyright Reuters, 2011

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