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Sugar: the rise in prices does not reassure beet growers

2021-12-02T18:25:42.660Z


The cooperatives have promised their farmers to pay them better. However, the areas planted will decrease.


After three years of crisis and health hazards, the beet industry is rediscovering its colors.

After a 2020 campaign marked by viral jaundice and yields in free fall, the harvest which has just ended is a sign, with 35 million tonnes and a yield of 87 tonnes per hectare,

"a return to normal"

according to Franck Sander , President of the French Confederation of Beet Planters (CGB).

Read also

The sugar industry hopes to get out of the spiral of low prices

Above all, driven by a production deficit in Europe and by the resumption of world traffic, the prices of sugar and ethanol started to rise again.

The former have exceeded the bar of 400 euros per tonne, for the first time in five years.

Ditto for fuel ethanol, which accounts for a quarter of the outlets for French beets.

At 95 euros per hectolitre, it reached record levels.

These prospects are reassuring for the 23,500 French beet growers, whose incomes plunged by the overproduction crisis when they left quotas in 2017.

The Cristal cooperative

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Source: lefigaro

All business articles on 2021-12-02

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