Royal Cosun has announced the beet price for the 2022 harvest year. The standard price is €68,75 per net ton of quota beet at 17% sugar and 91 extractability. The beet price for the average quality supplied is €65,24, the cooperative announced this morning (February 8) via a text message to its member growers.
This brings the beet price for the average quality supplied close to the record year 2012. The beet price consists of the basic price of €32,50 and a members' bonus of €36,25 per tonne of beet. It is the third highest beet price ever. The average financial return per hectare in 2022 was € 5.505, Cosun published in the afternoon, compared to € 3.129 in 2021.
The beet price for the 2021 harvest year for the average quality delivered was €38,91 per net ton. The standard price is also considerably higher than last year's €40 per net ton of beet. For the surplus beet, Cosun charges a standard price of €2022 per tonne for the 30 campaign year and €28,47 per tonne for the average quality. For the 2021 harvest year, this was €27,50 and €26,75 per tonne, respectively.
Strong regional differences in sugar content
The strongly increased beet price is the result of a higher member bonus and a slightly lower content and extractability settlement, Cosun said in an explanation. Nationally, the average sugar content was 16,51%, slightly lower than the 16,73% in 2021. The extractability was also slightly lower at 90,4 points than the 90,7 of the previous year. With a dry spring and large differences in precipitation in the subsequent period, the average sugar levels in 2022 will vary widely between the south (16,06%) and the north (16,94%), Cosun reports.
Dirk de Lugt, chairman of the Cosun cooperative, already gave up in an interview in November of last year Boerenbusiness TV that the member-growers could count on a considerably higher beet price. This is also important for Cosun, because enthusiasm for beet cultivation is under pressure among some of the growers. Due to, among other things, the higher wheat prices, growers wanted a higher yield from the cultivation of sugar beet. They have received that with the beet price that Cosun has now announced.
Different structure of the beet price
The beet price over the past campaign year is calculated in a slightly different way than before. For example, the members' allowance is no longer calculated over the calendar year, but over the so-called sugar year, which runs from October to September. With this adjustment, the system is more in line with the current market reality and developments in the field, motivates Cosun in a statement last June. Because prices on the sugar market were high during that period, this had a positive effect on the surcharge and therefore also the beet price for 2022. Dirk de Lugt, chairman of the Cosun cooperative, indicated on Thursday when explaining the annual figures that the beet price according to the old system it would probably have been around €46 per net ton of beets.
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This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/akkerbouw/artikel/10902824/beet price-cosun-over-2022-strongly-up]Beet price Cosun over 2022 sharply up[/url]
running 70-72 euros next year, then it is reasonable in my opinion.
you should certainly not lag behind the state.
there is also such a thing as staying true to your building plan.
maybe old fashioned but this should be the basics.
well, the balance of beet cultivation is only half as compared to potatoes and onions ...... I am going to consider whether I will continue with the beet cultivation here ......
truus wrote:I don't think anyone is waiting for you to grow beets. Next year maybe €75/ton at 17% and 91 Win. If I were you I would stop and grow more potatoes and onions. Next year this maybe €15,-/100 kg.well, the balance of beet cultivation is only half as compared to potatoes and onions ...... I am going to consider whether I will continue with the beet cultivation here ......
we will see time bomb.....I will grow beets in 2023, of course, but that is a year that I will evaluate the cultivation in relation to potatoes and onions....
don't forget that more than 6 euros per percent sugar goes off
yes, I'm going nicely towards the 8000 euro income per hectare, then it's just a very good crop. in any case, seed potatoes are not much inferior. with a lot less work and headaches.
yes, I'm going nicely towards the 8000 euro income per hectare, then it's just a very good crop. in any case, seed potatoes are not much inferior. with a lot less work and headaches.
Wouldn't brag too much juun, everyone reads it and as laapc says: The last 4 years have not been good. If you spread this year over 5 years, you will get different results. Satisfying, but that will also be necessary. Keep it to yourself, try to pay off some extra if necessary and make your company more sustainable for the future because there is war in the world! Not only in Ukraine, but also in our left (not being) so-called rule of law state.
If, with these high sugar prices on the world market, the price of the sugar beet comes for the most part from the members' allowance, namely €36,25, then despite these high prices a lot of sugar has been sold for next to nothing, because despite the fact that I am very happy with this price scares me.
If, with these high sugar prices on the world market, the price of the sugar beet comes for the most part from the members' allowance, namely €36,25, then despite these high prices a lot of sugar has been sold for next to nothing, because despite the fact that I am very happy with this price scares me.
If, with these high sugar prices on the world market, the price of the sugar beet comes for the most part from the members' allowance, namely €36,25, then despite these high prices a lot of sugar has been sold for next to nothing, because despite the fact that I am very happy with this price scares me.
If, with these high sugar prices on the world market, the price of the sugar beet comes for the most part from the members' allowance, namely €36,25, then despite these high prices a lot of sugar has been sold for next to nothing, because despite the fact that I am very happy with this price scares me.
well, the balance of beet cultivation is only half as compared to potatoes and onions ...... I am going to consider whether I will continue with the beet cultivation here ......
As long as you, as an organization, find it necessary to have a delivery obligation in your terms and conditions, you already know in advance what they are after, I can also explain it, this is just slavery