The key metric known as "tonnes of cane to tonnes of sugar" is at its worst level in 15 years - indicating that the cane currently being delivered has a significantly low sugar content. That and all other key metrics are down indicating that the cane crop which ends in a few weeks could result in a major loss in earnings for both the mill and the farmers.

7News has learned that Agriculture Minister Jose Mai is leading talks with industry players, trying to steer the season to a close without deep losses in cane production and revenue.

Reports this evening are that the Ministry of Agriculture and Ministry of Economic Transformation have agreed to implement several strategic interventions.

It's a $2.6 million plan to fight wild fusarium. First up - $500,000 will go toward treating 2,500 acres of cane with fungicide and special soil techniques. Another $100,000 - through IICA's climate fund - will go toward testing native Trichoderma fungus right here in Belize, using UB's lab and scientists. Trichoderma is a fungus that can inhibit or kill Fusarium. The hope is that local strains will be cheaper and more effective than imported ones - and if that's proven, they'll mass-produce it for farmers.

And through a World Bank project, an additional $2 million is being set aside to help SIRDI grow its capacity to produce Trichoderma on a larger scale. The Ministry is also teaming up with the private sector to bring in sugarcane varieties that are Fusarium resistant. And while most of the help is coming now, support from the 5 C's climate group is expected to play a bigger role in the medium term.