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News Sugar beets

Cosun counts on 'greatly improved' beet price

26 August 2022 - Redactie Boerenbusiness - 55 comments

Cosun expects the beet price for the current campaign year 2022 to be about 20 to 30% higher than for the previous year 2022. According to the cooperative food group, the beet price will therefore compensate for the cost increases in cultivation. Cosun also states that the affiliated member growers can sow more sugar beet for the coming year.

Cosun will inform its members about this in a mailing. Cosun's standard beet price for the 2021 harvest year was €40 per net tonne quota beets at 17% sugar. This then provoked a storm of criticism among the members, who awarded this prize found too low, pointing to the rising quotations on the global sugar market. Cosun decided to use the system of calculating the beet price to change. Based on Cosun's expectations, the group therefore assumes a standard beet price of €48 to €52 per net tonne with an average sugar content of 17%. 

Cosun states that it sees good prospects for the 2023 harvest, with a higher minimum base price of €35 per tonne (previously €32,50), a higher allocation and an increase in the upper end of the surplus price range. The allocation is increased from 105% to 108% for the following year. This is due to the favorable developments in the sugar market and maintaining stocks, explains Cosun. The food company does, however, place a disclaimer. "The dynamics in the world and the associated uncertainties, such as outbreaks of pandemics and risks in the raw materials and energy markets, can of course affect Cosun's performance."

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55 comments
Subscriber
Producer 26 August 2022
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/akkerbouw/ artikel/10900299/cosun-rekent-op-strong-improved-beetprijs]Cosun is counting on a 'greatly improved' beet price[/url]
And the residual product / pressed pulp !with more than 40% at 2,75/% ds

Subscriber
Belgian 26 August 2022
what is the price for your llbs? I am interested
Subscriber
AVR 27 August 2022
Producer wrote:
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/akkerbouw/ artikel/10900299/cosun-rekent-op-strong-improved-beetprijs]Cosun is counting on a 'greatly improved' beet price[/url]
And the residual product / pressed pulp !with more than 40% at 2,75/% ds

who completes my calculation?
15 tons DM Per Ha
75 tons of 20%

is this converted to pulp then
20%x 2,75=55 per tonne

Is this otherwise ridiculous payout price in my eyes. they get sugar for transport and processing!!
Subscriber
Producer 27 August 2022
It's worse, pressed pulp has a ds of around 25%dsx €2,75/%ds= €68,75 per ton
Subscriber
AVR 27 August 2022
Producer wrote:
It's worse, pressed pulp has a ds of around 25%dsx €2,75/%ds= €68,75 per ton
yes I understand that but if I don't grind mine and tip it at a cow farmer then I think I already have a nice price. our sugar factory may have 2 x 8 euros transport processing costs but then they also have 170 kg sugar
Subscriber
freebooter 27 August 2022
So Cosun claims to know our additional costs. Good looking.
We will also make their calculation. No beet price of €50 this autumn will be a factory that is only running at 50% next year. Because we have many alternatives such as grain, maize, ... First abolish gangster practice from 16 to 17%.
Oh, yes and before you get us together again; WE DO NOT ORDER BET SEED BEFORE THE BEET PRICE IS KNOWN.
Don't come with an alms of 3.5ct/kg.
Subscriber
euro 28 August 2022
I completely agree and that registration is also gone that one A4 is enough I will stop all global registration if the prices are good it doesn't matter I'm in early delivery but I think I'll skip it there's too short under
Subscriber
gerard 28 August 2022
I don't understand why do I have to buy the beet seed from the factory and I can't go shopping
where and for whom is this an advantage
think the seed is expensive
Subscriber
AVR 28 August 2022
gerard wrote:
I don't understand why do I have to buy the beet seed from the factory and I can't go shopping
where and for whom is this an advantage
think the seed is expensive
if the cooperative does its job well, it will buy the seed at a competitive price. and if there is any profit, this would be returned to the growers via the payment. Nice way to jack up the beet price. I think life is a bit too rough within cosun.
ground worm 28 August 2022
When you have to sow beet seed suddenly cheaper, even if the cause of sowing was not the quality of the seed used, what nonsense this is.
prefer cheaper beet seed from the start.
Subscriber
Innovator 28 August 2022
It's even more horrifying
It was already calculated above with the pulp and that they then had the sugar for the transport costs, but Aviko and other subsidiaries also contribute what is woven into the beet price
Then the total costs of the sugar union, beet transport and the overhead costs of Cosun must be so high that they barely run even?
Subscriber
euro 28 August 2022
the price is already jerky and we should be happy with extra allocation what an arrogant club this is.
an increase in the bandwidth of the surplus beets you can make a story beautiful
Subscriber
juun 28 August 2022
the best beets are for their surplus beets
Subscriber
Producer 28 August 2022
Bag fillers and milking the farmer
Subscriber
ideas 28 August 2022
Bla bla Don't expand based on such talk.
Subscriber
Maridonna 29 August 2022
Bunch of complainers, sell your LLBs if you're not happy.
Subscriber
time bomb 29 August 2022
Maridonna wrote:
Bunch of complainers, sell your LLBs if you're not happy.
That makes money!!!!!!!!!!!!!!! Don't make me laugh. They have to quote.
Subscriber
Neighbour 29 August 2022
Maridonna; factory representative.
Subscriber
frog 29 August 2022
Grower our moral knight where are you with contribution?
Subscriber
Flevo outing 29 August 2022
Maridonna wrote:
Bunch of complainers, sell your LLBs if you're not happy.
And complain at a Cosun meeting instead of anonymously roaring on this forum. It is a cooperation, so change is something you do yourself.
Subscriber
freebooter 29 August 2022
For sale 4500 LLBs, region 5
Subscriber
Innovator 29 August 2022
Maridonna wrote:
Bunch of complainers, sell your LLBs if you're not happy.
What a reaction
With Cosun 's results and what they pay out is also poignant and then you can say that you are not satisfied with the sale of LLB but then you have to stop growing beet because of their wrong policy .
They just have to be able to pay a good payout price just like before so that it remains interesting for us farmers to grow beets
It is also in Cosun's own interest because if too many growers stop operating, they will also be faced with underutilization losses.
Subscriber
Innovator 29 August 2022
Maridonna wrote:
Bunch of complainers, sell your LLBs if you're not happy.
What a reaction
With Cosun 's results and what they pay out is also poignant and then you can say that you are not satisfied with the sale of LLB but then you have to stop growing beet because of their wrong policy .
They just have to be able to pay a good payout price just like before so that it remains interesting for us farmers to grow beets
It is also in Cosun's own interest because if too many growers stop operating, they will also be faced with underutilization losses.
Subscriber
Terrible 29 August 2022
Farmers shame on you. Everyone within cosun has the good intention of achieving a better beet price. A lot of people watch that. And yes, it has taken too long to raise the price, but it has to be there too.

Now the price is going up and people keep kicking it. To puke. Being critical is okay, but then come up with better points or different drivers. Or draw your conclusion.

I am also a grower myself, so I know exactly what it feels like to be underpaid, but this is not only due to Cosun's efforts
Subscriber
time bomb 29 August 2022
Flevo outing wrote:
Maridonna wrote:
Bunch of complainers, sell your LLBs if you're not happy.
And complain at a Cosun meeting instead of anonymously roaring on this forum. It is a cooperation, so change is something you do yourself.
cooperation??????? What do the farmers have to say, Have been attending members' meetings for years, but I've never seen/heard any results on members' discussion/question points.
Subscriber
ape 29 August 2022
annoying; they are now trying to appease you with a beet seed discount for €5/ha. And meanwhile you hang! You don't even know the price of the year before.
Subscriber
gerard 29 August 2022
what do the sugar industry around us now pay for price e.g. Belgium Germany France
if that's more you have reason to complain
Subscriber
time bomb 29 August 2022
gerard wrote:
what do the sugar industry around us now pay for price e.g. Belgium Germany France
if that's more you have reason to complain
Have nothing to do with other countries, do with N reduction and you name it, don't participate?
What a jerk. You don't mind making a loss, because you think you can earn from it by the large turnover ha ha.
Subscriber
ape 29 August 2022
By default, Belgium pays €2022 for 38, does not receive 3% cup tare, and has an average of 1.5% more sugar due to another measurement.
Subscriber
burke 29 August 2022
see again 3 manager vacancies at cosun a 5000 euros per manager per month.. better first clear some projects and layers at this company in these times, the beet price will benefit
Subscriber
time bomb 29 August 2022
aaboer wrote:
By default, Belgium pays €2022 for 38, does not receive 3% cup tare, and has an average of 1.5% more sugar due to another measurement.
That is also extra, and therefore better than with us
Subscriber
in hiding 29 August 2022
boerke wrote:
see again 3 manager vacancies at cosun a 5000 euros per manager per month.. better first clear some projects and layers at this company in these times, the beet price will benefit
If you want a manager with capacity, they will have to open the cut further
Subscriber
Noord 30 August 2022
aaboer wrote:
By default, Belgium pays €2022 for 38, does not receive 3% cup tare, and has an average of 1.5% more sugar due to another measurement.
that nonsense about the sugar percentage is holding yourself back. The pot of sugar money is divided among the growers and whether that is in a range of 14-17% or in a range of 18-21% doesn't matter!
Nothing more nothing less. People who don't understand that better look for another profession. It is purely a measurement method.
Subscriber
Frog 30 August 2022
I sometimes wonder how big the effect is of the current gas price on the processing costs and therefore the beet price. Is it known how much gas is used per ton of beets or sugar?
Subscriber
in hiding 30 August 2022
this is known and if they have no contact this is at least x4 to 5
So if there is a good sugar price, it goes straight to the energy companies and hope that this is enough.
I think it's going to be a crisis here too.
Subscriber
ideas 30 August 2022
North wrote:
aaboer wrote:
By default, Belgium pays €2022 for 38, does not receive 3% cup tare, and has an average of 1.5% more sugar due to another measurement.
that nonsense about the sugar percentage is holding yourself back. The pot of sugar money is divided among the growers and whether that is in a range of 14-17% or in a range of 18-21% doesn't matter!
Nothing more nothing less. People who don't understand that better look for another profession. It is purely a measurement method.
You can also contact aviko . in the Members' Council
Subscriber
Farmer Jan 30 August 2022
frog wrote:
I sometimes wonder how big the effect is of the current gas price on the processing costs and therefore the beet price. Is it known how much gas is used per ton of beets or sugar?
€100 per tonne of sugar price. Energy costs of €1,-/m3 higher gas price.
Sugar market price within eu €750/ton and rising.
Subscriber
time bomb 30 August 2022
North wrote:
aaboer wrote:
By default, Belgium pays €2022 for 38, does not receive 3% cup tare, and has an average of 1.5% more sugar due to another measurement.
that nonsense about the sugar percentage is holding yourself back. The pot of sugar money is divided among the growers and whether that is in a range of 14-17% or in a range of 18-21% doesn't matter!
Nothing more nothing less. People who don't understand that better look for another profession. It is purely a measurement method.
Walks all day in suit with tie for sure!!!!!!!!!!!!
Subscriber
Noord 30 August 2022
time bomb wrote:
North wrote:
aaboer wrote:
By default, Belgium pays €2022 for 38, does not receive 3% cup tare, and has an average of 1.5% more sugar due to another measurement.
that nonsense about the sugar percentage is holding yourself back. The pot of sugar money is divided among the growers and whether that is in a range of 14-17% or in a range of 18-21% doesn't matter!
Nothing more nothing less. People who don't understand that better look for another profession. It is purely a measurement method.
Walks all day in suit with tie for sure!!!!!!!!!!!!
No, I'm a clay farmer. Have only been paying attention at the meetings where they have already explained this a hundred times
Subscriber
Frog 30 August 2022
I sometimes wonder how big the effect is of the current gas price on the processing costs and therefore the beet price. Is it known how much gas is used per ton of beets or sugar?
Subscriber
Frog 30 August 2022
Oops went to post again
Subscriber
frog 30 August 2022
frog wrote:
Oops went to post again
hey think of your own original name instead of using mine
Subscriber
frog 30 August 2022
frog wrote:
I sometimes wonder how big the effect is of the current gas price on the processing costs and therefore the beet price. Is it known how much gas is used per ton of beets or sugar?
not the only real frog nice to use someone else's name
Subscriber
freebooter 31 August 2022
North@ ; pay attention! We supply both Cosun and Tienen and there is a big difference between 14 tons of sugar/ha and 16 tons of sugar/ha. You really let those Cosun guys fool you.
Subscriber
time bomb 31 August 2022
We are also in the border region, and have friends just over the line, and they have that experience too.
Subscriber
Noord 31 August 2022
freebooter wrote:
North@ ; pay attention! We supply both Cosun and Tienen and there is a big difference between 14 tons of sugar/ha and 16 tons of sugar/ha. You really let those Cosun guys fool you.
Doesn't matter. If those 14 tons of "sugar" are distributed in the same way, then 16 tons of "sugar" do not lose a euro. Exactly the same formula as above. Vrijbuiter doesn't understand the system yet either.
It is a cigar from its own box in Belgium and Germany!!
Subscriber
camp farmer 31 August 2022
In the spring I received an email from the board after a digital question, stating that 20 m3 of gas is needed per ton of beets.
Subscriber
top onion 31 August 2022
kempenboer wrote:
In the spring I received an email from the board after a digital question, stating that 20 m3 of gas is needed per ton of beets.
don't you mean per ton of sugar?
Subscriber
freebooter 1 September 2022
North wrote:
freebooter wrote:
North@ ; pay attention! We supply both Cosun and Tienen and there is a big difference between 14 tons of sugar/ha and 16 tons of sugar/ha. You really let those Cosun guys fool you.
Doesn't matter. If those 14 tons of "sugar" are distributed in the same way, then 16 tons of "sugar" do not lose a euro. Exactly the same formula as above. Vrijbuiter doesn't understand the system yet either.
It is a cigar from its own box in Belgium and Germany!!
€620/ha more is €620, so stop your whining. Also have pulp allowance in Belgium.
Subscriber
peter 1 September 2022
At the time, we supplied 5 ha to CSM and Suiker Unie at one yielded as much as 5 ha at the other. We have never been able to pay a bill for what was above the line, what was below the line.
Subscriber
gerard 1 September 2022
csm always had less tare here were beetroot layers in the country on a hump collected by csm then that was still possible su layers on concrete and 1,5% more tare how do you get it ready, harvested same day same plot
charged day after day no rain
it's about what you get per ha (left over)
shoemakers 2 September 2022
At cosun, paper is willing, their will is the norm, maybe they will write down 20 tons, if .......
Subscriber
HM 2 September 2022
gerard wrote:
csm always had less tare here were beetroot layers in the country on a hump collected by csm then that was still possible su layers on concrete and 1,5% more tare how do you get it ready, harvested same day same plot
charged day after day no rain
it's about what you get per ha (left over)
But yes, that great CSM no longer exists.
Always came a day later with the payout price.
The good guy.
Subscriber
frog 2 September 2022
HM wrote:
gerard wrote:
csm always had less tare here were beetroot layers in the country on a hump collected by csm then that was still possible su layers on concrete and 1,5% more tare how do you get it ready, harvested same day same plot
charged day after day no rain
it's about what you get per ha (left over)
But yes, that great CSM no longer exists.
Always came a day later with the payout price.
The good guy.
suppose you get two quotes for a warehouse contractor two comes out a day later with his quote and knows the price of the competitor and then sits 3% below this from which contractor do you then buy this warehouse hefty HM?
Subscriber
HM 2 September 2022
Not a good comparison.
I have always supplied Cosun and always found the cheap behavior of the private factory to be a mockery.
Invariably pay half a euro less the next day.
Always found a ball tent.
Fortunately it no longer exists.
And no, a company that secretly uses information about someone else to abuse it can pass my door.
Experienced the same kind of joke with a South Holland drainage company.
He will never enter the field again.
You can no longer respond.

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