News International Sugar Journal

Big European beet sugar companies likely to be competitive in the global market post 2017 quota abolition [Registered]

Europe’s larger beet sugar producers will be able to thrive in a more competitive market while smaller producers will likely face hard times, according to a recently published Rabobank report. As a result of June’s agreement on the future of the EU sugar regime under the reformed CAP, sugar quotas will be abolished and minimum beet prices established, which a report by the Dutch bank predicts will lead to large producers using their favourable position and resources to increase output and market position. Rabobank analyst Ruud Schers said that in the new quota-free environment “beet sugar producers may decide for…

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