European Union sugar production is forecast up 576,000 tonnes — USDA

 

European Union sugar production is forecast up 576,000 tonnes to 15.5 million as sugarbeet production rebounds compared to the drought-affected crop the year before.

It is reported by USDA in its May report.

In addition, increased sugarbeet plantings in member states such as Poland, Spain, Romania, Slovakia, and Hungary are expected to more than offset reduced acreage in France.

The ruling by the European Court of Justice (ECJ) to not allow Member States to grant temporary emergency authorizations for the use of banned neonicotinoids1 on sugarbeet is forcing many French farmers to opt for alternative crop planting for 2023/24. On the other hand, sugarbeet remains a valid cropping opportunity for Polish farmers facing corn flowing from Ukraine and the low profitability of wheat.

Consumption is forecast unchanged. Imports are down with the higher production, while exports are flat, and stocks are expected up.


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