Sugar beet price down
By FW staff
WITH beet processing factories opening for business two weeks earlier this year, British Sugar has confirmed an interim A/B price of just £30.17 per adjusted tonne.
This is some £7.55 less than last year, due to a combination of Green Pound revaluations and disappointing returns from the depressed animal feed market.
Such has been the impact of the Green Pound that British Sugar is also reclaiming approximately £1.14/t from each contract tonne delivered last season, plus about 34p from the average transport allowance. These will be deducted from the November beet cheque.