Not caught out, says BS
BRITISH Sugar denies being caught out by what it describes as phenomenal growth which sees beet growers with roots 2% higher in sugar than this time last year.
Despite early hiccups at two East Anglian factories, processing is 10% faster than budgeted with the latest predicted factory closure dates about Feb 24 – two weeks later than might have been expected without the sudden late surge in growth, says a BS spokesman. The firm will move 150,000t of crop between factories at its own expense to avoid extending the campaign further, he claims.
With an advised last lifting date of Dec 10, late delivery bonuses will more than offset any storage losses and help pay for extra frost protection, which has received a big push in the past five years, he adds.
Growers should not equate fewer loads with lower returns when sugars are so high, he adds. *