October 8, 2019 1:44 PM
Editorial content from Der AUDITOR
Latest News - Sugar

Sugar: revised EU production estimates

WASHINGTON D.C./WIESBADEN. In the recently issued sugar semi annual for the EU the USDA has revised the 2019/2020 production estimates. Brexit and the stagnating sugar consumption are challenges the market is confronted with.

 


This report contains:

- a short update on the EU sugar market
- the latest export data for Germany (2017/2018 vs 2018/2019)
- the latest prices in the EU
price chart, granulated sugar, EC Cat II, medium
price chart, raw sugar, CBOT
more price charts

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Der AUDITOR
Editorial content

News
Sugar: Czech Republic about to buy German sugar?
FRANKFURT/PRAGUE. Market players are reporting a high oversupply of sugar, not least due to the corona crisis. Due to the closure of the gastronomy sector and the cancellation of events, both important consumption sectors for...
5/8/20
Südzucker: not possible to assess impact of coronavirus pandemic
MANNHEIM. In the preliminary figures for the 2019/2020 financial year, which ended on 29 February, the Südzucker AG states that group revenues declined to EUR 6.7 billion. By contrast, a drastic rise in the group operating result to EUR 116 million has been observed.
4/22/20
Südzucker confirms that supply chain is up and running
MANNHEIM. In a recently issued press release the Südzucker Group has confirmed that supplies are guaranteed, despite demand being high. While the corona pandemic has brought public life to a standstill in many countries, Europe's leading sugar gaint has switched to crisis mode.
3/18/20
Sugar: prices expected to rise
FRANKFURT. In 2019, the exports of sugar have delcined sharply in Germany and the Czech Republic. Meanwhile, surplus supplies have forced the first plants to close in Russia.
2/26/20
Sugar: Russia steps up production
MOSCOW. As many as 21 sugar plants have been operating in Russia since July. Data issued by the Ministry of Agriculture suggests that production and exports are on the rise. Producers are highly satisfied with the current market developments.
2/6/20
Sugar: surplus stocks undermine market prices
FRANKFURT. As the Federal Information Centre for Agriculture (BZL) has recently reported, this season's sugar production reached...
1/27/20
Südzucker: significant decline in the sugar segment
MANNHEIM. Südzucker presents its current forecasts for the 2019/2020 fiscal year. The sugar segment is weakening noticeably, but the CropEnergies and special products segments are scoring revenue growth.
1/14/20
Sugar: imports from Poland increase by 37%
WARSAW/PRAGUE. At the beginning of the new campaign, sugar imports to Germany have declined measurably compared to last year.
1/9/20
Sugar: record production in Russia
MOSCOW. Russia produced more than 7 million tonnes of sugar in 2019. This has prompted a surge in shipments. Exporters are reaping large porfits.
1/7/20
Südzucker revises full-year forecast
MANNHEIM. As Südzucker has announced, the consolidated group operating results for the third quarter are much higher than last year. This has prompted the sugar giant to revise the consolidated group operating results for the full year. The outlook for the sugar segment, however, remains far from encouraging.
12/19/19
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Harvest dates
Next harvest dates for Sugar beets
Country
Start of harvest
Turkey
8/1/20
Canada
9/1/20
USA
9/1/20
Italy
9/1/20
Poland
9/1/20
Ukraine
9/1/20
Russia
9/1/20
Germany
9/15/20
United Kingdom
9/20/20
France
10/1/20
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Crop sizes

Crop sizes for Sugar beets
Country
Year
Crop size
Russia
2018
42,066,000 mt
France
2018
39,914,030 mt
USA
2018
33,282,000 mt
Germany
2018
26,191,400 mt
Turkey
2018
17,436,100 mt
Poland
2018
14,300,000 mt
Ukraine
2018
13,480,000 mt
China
2018
12,077,618 mt
Egypt
2018
11,222,720 mt
United Kingdom
2018
7,620,000 mt
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Price Information
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