New
Transform your trade strategies with Market Brief, Tridge’s AI-powered market insights.

German association predicts increase in refined sugar production this season

Published Nov 12, 2024

Tridge summary

Germany's sugar beet production for the 2024/25 season is projected to increase to approximately 4.64 million metric tonnes, up from 4.22 million tonnes in the previous season, according to the German sugar industry association WVZ. However, the association expresses concern over the rise in diseases affecting the crops, with around 75,000 hectares currently impacted, a significant increase from previous years. Despite these concerns, there has been an approximate 6% increase in sugar beet planting in Germany, reaching 386,000 hectares, and a similar trend is observed in other European countries due to high sugar prices late last year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

HAMBURG (Reuters) - Germany’s refined sugar beet production in the new 2024/25 season, now underway, is expected to rise to around 4.64 million metric tonnes, Germany’s sugar industry association WVZ said on Tuesday in its third crop forecast. Last season, the country produced 4.22 million tonnes, the association said. The new figure was slightly lower than its second production estimate for the new season of 4.95 million metric tonnes in October. While output is expected to be higher than last year, the association said it was concerned about the spread of diseases in Germany’s crops that were threatening yields. About 75,000 hectares of German sugar beets are suffering from such diseases, compared with about 40,000 hectares in previous years, and the WVZ was watching the development with “great concern,” it said. German farmers ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.