France: Are beet prices attractive enough to limit the decline in surface areas?

Sugar

Sugar Beet

France

Published May 12, 2022

Original content

If it is not upset by the war in Ukraine, the sugar market is still disturbed. As with all other raw materials, production costs are rising, both for planters and for sugar manufacturers. World prices are high but have fallen slightly compared to last month, says François Thaury, consultant at Agritel. “The context of the sugar market is not comparable to that of the grain and oilseed markets”, which are experiencing record levels. A worrying drought “In France and Europe, sowing conditions have been good, but the drought is starting to worry planters, as well as aphid pressure,” continues François Thaury. “Prices on the European market are likely to increase compared to the previous season,” he says. Will this be enough to stop the decline in beet areas, which has been observed in France for three seasons? “Faced with the remunerative prices of ...

Source: Pleinchamp

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