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
-
Director
CESIS
Maria Luiza Castro is a Brazilian biologist and entomologist with more than 20 years of experience enabling market access for biological products in Latin America. She previously served for 12 years at Brazil’s federal environmental authority - IBAMA contributing to regulatory frameworks and product evaluation processes that remain in force today.
For the past 21 years, she has been a partner at CESIS, the leading consultancy for the regulatory registration of biological inputs in Brazil, supporting multinational companies, innovative scale-ups, and APAC-based manufacturers in introducing biological solutions to Brazil and LATAM. She also serves on the Presidency and Executive Board of RED LATAM, a network of senior consultants operating in 17 Latin American countries that provides coordinated regulatory pathways, compliance support, and commercialization strategies across multiple jurisdictions.
Maria Luiza is also a certified GLP Inspector under the OECD framework through Inmetro,...
-
Founder AMD Agro / CEO
StarkSat Carbon Farming
Bernardo G. Arnaud is an industrialist, serial entrepreneur, and interdisciplinary strategist at the confluence of ESG, sustainable finance, and agricultural technology. Holding a Master of Arts in ESG and Sustainable Finance from Frankfurt School of Finance and Management, he specializes in soil carbon auditing, bioinputs production, and ecosystems creation for the advancement of bioinputs adoption, higher productivity agriculture, and carbon finance. His expertise bridges deep technical-scientific development—spanning biotechnology, agronomy, and special materials manufacturing—with market strategy and project finance for sectors like energy and mining. With a background in marketing and mobile AI strategies, Bernardo translates complex technical innovations into clear business opportunities. He also serves as a guest professor of the graduate course in Contemporary China, lecturing in Agribusiness and the Relation Brazil-China and China and the Natural Resources Economy, and as co...
-
Senior Marketing Director
MoonBiotech
Mr. Duan Luqin holds a Master's degree in Plant Pathogenic Bacteriology from South China Agricultural University. He previously served for ten years at Shenzhen Noposion Crop Science Co., Ltd., where he held the position of Northern Market Department Director, overseeing the operation of a fungicide product line with annual sales exceeding several billion RMB.
In 2019, he joined MoonBiotech, and played a pivotal role in establishing the market team from inception and developing the product system. Within three years, he successfully launched five microbial inoculant products, each achieving sales exceeding ten million RMB, and facilitated the company’s total agricultural microbial product sales to rapidly surpass 100 million RMB. Currently, as Senior Marketing Director of the Agricultural Business Unit at MoonBiotech, he is fully responsible for market strategy and operational management of the agricultural division.
-
Senior Agronomist, China BioAg Business Development and Portfolio Manager
Novonesis
Qian Li earned her Ph.D degree in Plant Pathology of China Agricultural University, and finished postdoc work in Seed Science. She has two years of research experience in the Dept. of Plant Pathology and Microbiology of Iowa State University, supported by the China Scholarship Council. She has ten years of work experience with Syngenta and Bayer as a technical leader or market development leader.