date:Dec 27, 2013
While growers will broadly welcome any rise in price, the extra 1/t for 2014 negotiated by the NFU on behalf of the 3,500 UK beet growers is hardly transformational, says Andersons director Jay Wootton.
There is an implicit recognition that the price formula is not working and a review is likely in time for the 2015 price setting.
Any revised price formula will probably only apply for 2015 and 2016 beet crops. EU sugar beet quotas will cease on 30 September 2017, meaning the 2017 crop will be