Cereals 2011: Beet prices rise for 2012
The price for sugar beet is set to rise by £4/tonne in 2012, NFU sugar board chairman William Martin has revealed.
Britain’s 3,500 sugar beet growers will receive £27.53/tonne from British Sugar for contracted sugar beet next year, a significant increase on this year’s figure of £23.60.
Mr Martin said there were three drivers behind the increase. Higher costs of production account for £1/t, higher wheat prices for a further £2/t, reflecting the higher value of pulp ad the incentive fior growers to switch to wheat, with currency accounting for the remaining £1/t.
"The really good news is that this is showing that the model is working. Circumstances are different so prices change,” he said.
"Growers should have confidence because this also shows what British Sugar have said about sugar beet being a crop that offers a competitive margin in the long run is going to happen,” he said.
British Sugar has also formalised the contract for beet grown for ethanol, which until now has been supplied on a temporary tonnage often in the form of surplus beet. Sugar beet growers will have the option of providing sugar beet for this market at £26.50/t next year. The first opportunity to take advantage of this will go to existing growers.
Mr Martin also announced that British Sugar will issue an additional 2.5 per cent of contract to each of its growers when the contracts are sent out in July to help ensure it meets its quota next year when.
Recommended Events
-
General Manager
Leili Marine BioIndustry INC.
-
Biocontrol product development manager
Syngenta Biologicals
-
CEO
IKAN Consultores
Romy is a regulatory and legal expert with more than 13 years of experience in Mexico’s crop protection and biologicals industry.
As CEO of IKAN Consultores, part of the LATAM Regulatory Network, she defines the firm’s strategic vision and leads the development of regulatory and compliance strategies that help national and international clients achieve market access and regulatory alignment across Latin America.
She also serves as Chair of the Crop Protection Commission at the Mexican Association of Professionals in Health Regulation (AMEPRES).
Her leadership has positioned IKAN as a strategic partner for national and international companies seeking to operate within complex regulatory frameworks in Mexico and Latin America.
Romy holds a Law degree, postgraduate studies in Administrative and Health Law, and a diploma in Customs Administration from Tecnológico de Monterrey, strengthening her focus on trade, regulatory compliance, and customs management.
-
Partner and Chief Scientist
Bluepha
• Bachelor of Science in Biology, Peking University; Ph.D. in Microbiology, University of Toronto; Postdoctoral Fellow in Microbiome Research, Harvard Medical School.
• Published over 20 papers in top-tier international journals such as Natureand Cell.
• Awarded the 2021 National Award for Outstanding Self-Financed International Students.
• Recipient of the 2021 Distinguished Research Award from the Chinese Scholars and Experts Association at Harvard Medical School.
• Awarded the 2022 National-Level Overseas Young Talents Project; previously served as an Associate Professor at the Health Science Center of Peking University before joining Bluepha as a full-time Chief Scientist.
• Recipient of the 2023 Shanghai Magnolia Talent Program.
• Awarded the 2024 Shanghai Science and Technology Rising Star Program.