There's some interesting information coming out of the citrus belt tonight. Belize Citrus Mutual - the growers group that claims to represent a majority of the industry's fruit production says it's considering building its own Citrus Processing facility.
Normally, that's not the kind of thing one would take seriously, but Citrus Mutual does have what you might call, a lot of juice. And they've written a letter to the
A letter to the CEO in the Ministry of Agriculture to ask how it should proceed. The background to the letter is that the sole processing facility at CPBL is functioning but beset by constant disputes between the majority and minority shareholders. So now, Citrus Mutual wants its own, independent of all that fighting.
So is this proposal what would be called a dead raise - a proposal meant solely to exert leverage on a situation? We won't even dare to hazard a guess - meaning we'll definitely take a wait and see approach on this one!
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