Agriphoto

News Sugar beets

Cosun beet price for 2021 finally tastes a little sweeter

9 February 2022 - Niels van der Boom - 63 comments

Royal Cosun has announced the beet price for the 2021 harvest year. The standard price is €40,00 per net tonne of quota beet at 17% sugar. The beet price for the average quality supplied is €38,91, the cooperative announced today (9 February).

The beet price for quota beet – with 17% sugar and 91 extractability – was drawn up by the cooperative's members' council on Wednesday 9 February. The price is made up of a basic price of €32,50 and a member surcharge of €7,50. a year earlier amounted to this member surcharge is still €7 per tonne. The beet price then came to €39,50 and the average price to €35,58.

The price for surplus beets is €27,50. A year ago that was still € 24,50. The average sugar content of the campaign is 16,7% with 90,7 extractability. Better figures than in 2020. The average beet price thus comes to €26,75 (in 2020: €22,07). The average hectare yield is 82,2 tons per hectare and the tare percentage at 10,7%.

Last season, the difference between the beet price and the average price was €3,92 per tonne. An unfavorable growing season resulted in a lower sugar content. Reliability was also disappointing. The 2021-2022 season did not have a major precipitation deficit and the growing conditions could also be called better in the spring. Sugar levels were at a relatively high level compared to previous years.

Financial result
As a result, the grower's financial yield has improved over the 2021 campaign compared to a year earlier. This comes to €3.129 per hectare. A year earlier that was €2901. The 2022 campaign is likely to be different, as input costs have risen sharply.

Cosun can benefit from the sugar market that has improved considerably in 2021. The futures quote for refined white sugar in London (Liffe) reached a record price of €463,73 per tonne in mid-November. That level has not occurred since 2017. The price increases on the international market, which started at the beginning of July, have had a delayed effect on Cosun's results. Sugar is largely sold prior to the processing season. Nevertheless, the cooperative was also able to benefit from a better price level in 2021.

Lean years in the past
Cosun has finally shaken off the yoke of corona. The agricultural segments in which it is active are all showing significant growth. This provides a solid basis for the beet price to build on. However, it will take some time before the beet price is brought back to the level of yesteryear. 

Do you have a tip, suggestion or comment regarding this article? Let us know

Niels van der Boom

Niels van der Boom is a senior market specialist for arable crops at DCA Market Intelligence. He mainly makes analyses and market updates about the potato market. In columns he shares his sharp view on the arable sector and technology.

More about

beet price
Comments
63 comments
Subscriber
grain onions 9 February 2022
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/granen-grondstof/ artikel/10896600/bietenprijs-cosun-over-2021-smaak-eindelijk-wat-zoeter]Cosun beet price for 2021 finally tastes a bit sweeter[/url]
Good value in this day and age. Proud of Cosun! Good sugar sellers!
Subscriber
Joop 9 February 2022
Pooh hey. Give me 9 tons of wheat for 250 euros. 400 Euros of straw money, and my country left behind
Subscriber
yup fan 9 February 2022
agree with Joop, and next crop also gives 15 % more yield
Subscriber
beet grower 9 February 2022
I don't understand this whole euphoria
Could Cosun benefit from a revival in the sugar market?
We get 50 euro cents per ton of beets
It just depends on how you look at it, but I think it's far below the standard and had counted with at least 44 euros
Subscriber
quite coarse 9 February 2022
Also had to get rid of some expensive gas.
Contract expired on January 1, I understood.
Subscriber
Cor 9 February 2022
Far too low price in the current market!!
Subscriber
beet grower 9 February 2022
I don't like it, velvet is good you should think
Subscriber
beet grower 9 February 2022
And second note: Due to the Corona vicissitudes with which meetings with members are finished digitally, you as directors and members' councils do not get the wind from the front at the meetings. Actually, the beet price can be called a bit lewd.
Subscriber
frog 9 February 2022
Will have to add at least 15 euros next year to get the costs above water, otherwise grow better grain. You also have a nice structure.
Subscriber
erik 9 February 2022
most sugar is sold in advance, had hoped for more, but assume this is the start of an upward trend.
So contrary to the previous comments I don't grumble too much, they can show how they can do better, and then not from the sidelines.
Subscriber
Zeeuw 9 February 2022
Is the average price now 38,91 or 39,81?
Subscriber
frog 9 February 2022
erik wrote:
most sugar is sold in advance, had hoped for more, but assume this is the start of an upward trend.
So contrary to the previous comments I don't grumble too much, they can show how they can do better, and then not from the sidelines.
Agree, but if the sugar price drops again in the middle of this year, you will see that your story about most sugar being sold in advance turns out to be wrong!
exact 9 February 2022
Beet grower: "I don't like it, velvet is good, just think". Sure, it is. Maybe they still want a smart beet grower on the board. We can of course also offer our beets in Belgium or Germany. They probably do a lot better there.
Subscriber
quite coarse 9 February 2022
exactly wrote:
Beet grower: "I don't like it, velvet is good, just think". Sure, it is. Maybe they still want a smart beet grower on the board. We can of course also offer our beets in Belgium or Germany. They probably do a lot better there.
I am also curious what is paid in neighboring countries .
Sugar is often already sold in advance and with falling prices you are in the right place, so maybe not now.
Never mind the oil.
Subscriber
crow 9 February 2022
50 cents more per ton what are we talking about.
Inflation in the Netherlands is almost 8%, in agriculture inflation is much higher. I understand that the employees at Cosun do their best, many thanks for that. But you can never be satisfied with this price. Modesty and frugality is the only remedy.
Perhaps think about the European shrinking of the sugar supply.
Subscriber
onion 9 February 2022
anything under 60 euros is too little, but we will easily achieve that next year sugar price has risen 60% and aviko's shareholding is also increasing good prospect
Subscriber
Ivo 9 February 2022
Too bad they didn't succeed, far below par, etc. etc. As the leadership of such a coop. Do you of course need to have some market insight or? Now members are being told that most of the sugar has been sold for the campaign; so they knew they were selling their members' sugar below cost. Now I'm wondering I'm sorry.
shudder 10 February 2022
Don't you notice how many llb's are offered for sale. and for the rental.
think there are many growers who fit this balance!!
boer 10 February 2022
Iscal Belgium

30 euros/ton + 5,3 euros/ton pulp

Noord 10 February 2022
Really super bad considering the sugar price development. They give us the rest after everyone has implemented their extra costs, including the wages of OUR cosun employees. Fire everything and have it reapplied in front of a farmers committee!!!
Subscriber
onion 10 February 2022
let's hope that the settlement will be made in April and not at the end of March so that Q1 turnover is a bit lower and the farmers can still benefit a bit from this
Subscriber
Cor 10 February 2022
North wrote:
Really super bad considering the sugar price development. They give us the rest after everyone has implemented their extra costs, including the wages of OUR cosun employees. Fire everything and have it reapplied in front of a farmers committee!!!
Noord I totally agree with you, what a disgrace from OUR employees!
clod 10 February 2022
With these prices, not many more ha of beets are sown in my opinion.

The beet cultivation will only become attractive again if a 5 is again shown, especially if the grain remains structurally above 25 cents.
It can freeze or thaw 10 February 2022
plantation wrote:
let's hope that the settlement will be made in April and not at the end of March so that Q1 turnover is a bit lower and the farmers can still benefit a bit from this
Ditto a little.

This will probably be the last quarter that there are still arrangements and we'll just have to wait and see whether the various sectors have or are getting perspective again.





Subscriber
beet grower 10 February 2022
My pants are really falling off.
A what can be read on the Cosun site; Beet price 2021: Clear improvement compared to 2020
B reactions from fellow growers such as exactly, is that really his opinion or is it sarcasm. Because why do I think you should not compare with, for example, Belgium or Germany? Because Cosun has always blown away in the past when extra investments were made in efficiency, this will be reflected in the future beet price in the coming years by having lower costs than the foreign factories/concerns. At that time, the members had already made concessions regarding the beet price.
I am beginning to doubt Cosun's directors and members' councils with their decision-making methods.
50 cents ultimately per ton more than 2020 is really a joke, one should be ashamed.
Well, that's not enough in my opinion.
Subscriber
beet grower 10 February 2022
And those circuit assemblies webinar is a great way not to look growers in the eye, so I think it's better to postpone it until March when we can attend meetings again.
What do the rest of PC-watching conference farmers think about that?
Subscriber
Joop 10 February 2022
How do I feel about it? I sold my LLbs. Still got good money for it. I'm afraid you'll have to pay to get rid of it. With such a shit price that the Cosun pays, I'm done with it.
Subscriber
soul bitch 10 February 2022
the beets that have been processed in the calamity scheme put pressure on the final price, after all because gas was very expensive in January and the factory had to process the frozen junk more slowly, and even beets that are still paid directly into the fermenter, you're in good hands with a lower price
Subscriber
Noord 10 February 2022
Those frostbites are a shame. Don't be afraid to cover your beets properly because that will affect the result for yourself and others.
Someone who is not satisfied with the beet price is still sowing good wheat. Can't you take advantage of a better year?
Growing potatoes for €0
leba 10 February 2022
I read in many places that there is high inflation.
Cosun sees a challenge in the high inflation.
Do they mean that the beet price goes through 50 euros due to an inflation correction ??
Or do they mean that they might want to pay the beet price from way back in the last century, more than 50 euros like 45 years ago?
Apparently everyone can earn from sugar except the grower, who has to pretend he is happy with less than 4 cents per kg of beet.
Claas 10 February 2022
We can read that the results of the beet division have improved. The coming presentations will show whether they have achieved a positive result with the guaranteed price of 32.50. If that is not the case, the members will have to contribute to the loss of beet processing, just like last year.
Knowing that the sugar market was in a slump last year gives reason to doubt the practicality of Cosun's sugar sales policy. More reticence in continuing to sell large volumes ahead at loss-making prices is not a good idea.
As a grower, I would like to have more say in the current transfer policy for surplus beets.
Subscriber
glass container 10 February 2022
What a worthless price. Am I going to experience that beets, my best cultivation is instead. always the worst.
Subscriber
beet grower 10 February 2022
If you compare with Cosun in the past, you assume standard values. Delivering 2000 tons of beets and an additional 50 cents per ton. No, but that's 1000 Euros! Pooh!
When sugar content and WIN is better than average, then that is the merit of the grower and as a cooperative you should not put your finger on the pulse and we say pay 3,31 more, because then you make a nice decoration with a dead sparrow. Even though the factories are running worse than in the past and you have to write down, don't you also have sugar sellers in the office? What kind of suckers are those? If you know you've hit rock bottom, you're not going to sell a lot of sugar up front.
And as for the gas price, in 2020 you could conclude gas contracts where the gas was cheaper than ever before. Whoever is responsible for this within Cosun deserves a kick in the ass and resignation. Bam, get out of here with such bastards.
Sugar has become considerably more expensive and the management of Cosun is making a mess of it, that is what is going on. The only thing that suits Cosun's leadership is SHAME!
Subscriber
beet grower 10 February 2022
The government wants to reopen bars until 01.00 a.m. and allow full halls again. The circuit assemblies need to be physically restored. With mismanagement by Cosun's management, webinars are no longer the best thing to organize. We must return to meetings where we can physically return as soon as possible to express our displeasure as members.
Subscriber
Mash potatoes 10 February 2022
When we compare the sugar price with previous year,...
Do we see a difference of around and both €50/t more. At 13t sugar per ha that means 650€ more per ha! This on an average yield of 80 t per ha there would be an increase of 8,13 € per t of beet delivered. Who is being robbed here!?
Think before you sow, because you will be gen...d!

Subscriber
“Cooperative Farmer” 11 February 2022
And what are we doing about it?
Nothing at all, we'll just let you know and grow our llb's full of an extra expansion next season!
Yippie
Subscriber
crow 11 February 2022
I wrote months ago that selling in advance for below cost is not wise.
Now we are six months further and the processing has a higher cost. This also means a higher selling price. But no, that comes at the expense of purchasing. High inflation will affect us again next year. Selling now before harvest 22 count on the sale a plus 15% for inflation.
Because money that we only receive next year, we can only spend next year.
Subscriber
northerner 13 February 2022
The sugar industry has a fixed sales strategy of selling ahead.
This is not going to look good this year.
The disappointing beet price is caused by the write-down of internal losses.
They may explain what these are at the circuit assembly.
Sugar is known as an energy product.
It is therefore more disappointing that now that energy is expensive, sugar does not benefit from this.
It can freeze or thaw 13 February 2022
leba wrote:
I read in many places that there is high inflation.
Cosun sees a challenge in the high inflation.
Do they mean that the beet price goes through 50 euros due to an inflation correction ??
Or do they mean that they might want to pay the beet price from way back in the last century, more than 50 euros like 45 years ago?
Apparently everyone can earn from sugar except the grower, who has to pretend he is happy with less than 4 cents per kg of beet.
When I read that the CEO of COSUN says in an interview that they hope to be able to pay a beet price of 2025 euros in 45, I fear the worst.

You can still assume that the 45 euros will already be exceeded next year, since the costs for the grower are also rising explosively.
Subscriber
Manufacturer 13 February 2022
When I read the comments we are all disappointed. Motivation to continue in a cultivation that is still underpaid as a cooperative! If the price does not exceed 2025 euros in 50. May they expect a contraction!
Subscriber
Cor 13 February 2022
I would like to have an indicative payout price for sowing 2022.

And want an explanation of why sugar is sold in advance.

In view of the market developments, the sales department at Cosun made very large errors of judgment. As a result, a lot of money, to which farmers are entitled, goes to the processing industry, which has passed on price increases to their customers.
neighbour 13 February 2022
Beet price is €32,50 not €40,-the €7,50 member surcharge has absolutely nothing to do with the beets are side activities that fortunately add some extras on top of the beet price so €32,50/at 17% sugar we do not gain weight on average beet price falls below € 30, road / ton
Subscriber
time bomb 13 February 2022
burke wrote:
Beet price is €32,50 not €40,-the €7,50 member surcharge has absolutely nothing to do with the beets are side activities that fortunately add some extras on top of the beet price so €32,50/at 17% sugar we do not gain weight on average beet price falls below € 30, road / ton
That used to be the case, which is very nice that it is added, but it is too sad for words that it is the truth. It is a great scandal that our district employee is advocating for farmers to sow enough.
The costs will rise enormously due to the expensive energy, which we actually had to deal with last season, but we do not see compensation for 1 customer. We are back in the corner again, and we will have to experience that as very painful next harvest year. Here we are with our LLBs, and it could just be structural.
Subscriber
Farmer Jan 13 February 2022
The beet price presented by Cosun leaves room for improvement, only two quarters higher than last year.
When I read that the management aims for a price that is € 5,-/ton higher in 2025, this gives little confidence. That is three years later, only inflation is then 20% minimal.
The apologies that there are one-off negative benefits and the market was a lot lower at the time of the sale of sugar is all quite understandable, but if there are no errors and a higher sugar price, the members expect just €2023/ton in 45, Mr. Director.
And in 2025 at least € 50,-/ton I say at least yes, because if you want to keep the cultivation for our cooperative, this will really have to be the shot.
Perhaps the strong grain prices can boost motivation somewhat.
Subscriber
Insider 13 February 2022
Farmer Jan wrote:
The beet price presented by Cosun leaves room for improvement, only two quarters higher than last year.
When I read that the management aims for a price that is € 5,-/ton higher in 2025, this gives little confidence. That is three years later, only inflation is then 20% minimal.
The apologies that there are one-off negative benefits and the market was a lot lower at the time of the sale of sugar is all quite understandable, but if there are no errors and a higher sugar price, the members expect just €2023/ton in 45, Mr. Director.
And in 2025 at least € 50,-/ton I say at least yes, because if you want to keep the cultivation for our cooperative, this will really have to be the shot.
Perhaps the strong grain prices can boost motivation somewhat.
the cost of grain in 2022 will be 300-400 euros more.
what do you think the price will do?

300 will be there in no time, and will not be a fat pot.
400 euros or 1500 a 266, I don't see it
Subscriber
peer 13 February 2022
don't see the wheat going up yet or something has to happen in the kiev and then it can go in all directions
But if anyone thinks otherwise, I'd love to hear it
Subscriber
polo 13 February 2022
Well read people. That 45 euros is a minimum price. Also think that the price should be at least 55 euros, perhaps even higher with the extra costs that come to us. Well, it has to be there and feasible. And I wonder.
Subscriber
Cheers 13 February 2022
I always had Cosun very high, but for me they have fallen through the ice. And thick through the ice too! What a shame.
Subscriber
disappointed 14 February 2022
Knowing that their waste product / pressed pulp is sold at 1,60-1-85 per % ds. This makes the beets virtually free.
clayi 14 February 2022
burke wrote:
Beet price is €32,50 not €40,-the €7,50 member surcharge has absolutely nothing to do with the beets are side activities that fortunately add some extras on top of the beet price so €32,50/at 17% sugar we do not gain weight on average beet price falls below € 30, road / ton
The pulp is more expensive than the beets
Subscriber
Fountains 14 February 2022
That's how it is
€30 / 32.50 per ton of beets is less than the feed price that livestock farmers pay for their feed beets
Feed beets cost around 40 euros and our sugar industry is not able to pay us that feed price
The members surcharge are participations in other industries and therefore an extra on the beet price, but has nothing to do with the beet.
Seed breeding has made it possible today to harvest 40 tons of beets per ha more than in the past
And we have returned this to price
We used to get 100/120 guilders at 16 % sugar
Today 40 euros at 17% sugar this is 36.40 euros at 16% sugar
If you deduct the members surcharge from this, we only get €28.90 for a ton of sugar beets at 16%
What are we working on and then I will read on the Cosun site
'Beet price 2021: Clear improvement compared to 2020'
My pants are falling off this title
About the average quality €3.31 more per tonne of beet than in 2020
Of this, Cosun puts 0.50 cents in the bag and the rest Mother Nature through a better sugar and extractability factor and then people are in a euphoric mood.
I don't expect anything in the future from this company and I am very disappointed
Subscriber
other peter 14 February 2022
When I read this thread I have the idea that all arable farmers are super sellers. The sales advice given here is of a very high standard. Dear cosun, as you can read you shouldn't sell at the lowest point.... And don't sell in advance.... and that you have to factor inflation into the price... I'm curious how the arable farmers / advisors in this thread have sold their yellow seed onions this year . I assume all between 25 and 30 cents/kg. That is last year's top price adjusted for inflation. I also think that all beet growers who often also grow grass seed have freely grown their grass seed for harvest 21. Of course, with their visionary view, they did not sign a contract in September 20, if they have already done so, of course with an inflation adjustment of 6% what that means. saw you coming for a long time. Just like the potatoes. They too were all grown 21% free for harvest 100.... Sure. Nor has anyone here sold part of his wheat crop 21 in advance for 200 euros last winter. I just want to say be careful about blaming others, first analyze your own actions before accusing someone else of incorrect market assessments. And of course I also hope for more than 50 euros per tonne and no, I am not on the board. But I find it very easy to call from the sidelines.
Subscriber
peer 14 February 2022
what will the other beet factories pay out
the beet price of 32,50
member surcharge is not part of the beet price
Subscriber
crow 14 February 2022
other peter, it's not just about Cosun's wrong market estimates, we all do that indeed. But it's also about how, being satisfied with a higher price. Which is virtually nothing higher, the aim for €45 per ton in 2025, which is already below cost in 2022.
Subscriber
Gwoon 14 February 2022
other peter wrote:
When I read this thread I have the idea that all arable farmers are super sellers. The sales advice given here is of a very high standard. Dear cosun, as you can read you shouldn't sell at the lowest point.... And don't sell in advance.... and that you have to factor inflation into the price... I'm curious how the arable farmers / advisors in this thread have sold their yellow seed onions this year . I assume all between 25 and 30 cents/kg. That is last year's top price adjusted for inflation. I also think that all beet growers who often also grow grass seed have freely grown their grass seed for harvest 21. Of course, with their visionary view, they did not sign a contract in September 20, if they have already done so, of course with an inflation adjustment of 6% what that means. saw you coming for a long time. Just like the potatoes. They too were all grown 21% free for harvest 100.... Sure. Nor has anyone here sold part of his wheat crop 21 in advance for 200 euros last winter. I just want to say be careful about blaming others, first analyze your own actions before accusing someone else of incorrect market assessments. And of course I also hope for more than 50 euros per tonne and no, I am not on the board. But I find it very easy to call from the sidelines.
@fontane and others .. right like a bus ... a company vision that the € .. target of € 2025 from 45 says enough, the current beet price that has now been realized is very disappointing, especially with the current costs and inflation ...
Subscriber
other peter 14 February 2022
When it comes to the forecast for the coming years . I would like to see your prediction that you can be counted on on this forum. So I would like to hear your expected wheat price, onion price, potato price and grass seed price in 2025. Of course, your sales price is then with a full calculation of all increased costs. So the minimum price for: wheat 0,35 cents. grass seed 1 Euro, and potatoes 0,35 cents and the onions also 35 cents? That is the same way of calculating that many here think that cosun should sell the sugar, so you have to set the bar for yourself at that level too. Then we will check in 2026 whether you have also achieved this. I also know how it should be done, but the reality is often more unruly.
Subscriber
Gwoon 14 February 2022
other peter wrote:
When it comes to the forecast for the coming years . I would like to see your prediction that you can be counted on on this forum. So I would like to hear your expected wheat price, onion price, potato price and grass seed price in 2025. Of course, your sales price is then with a full calculation of all increased costs. So the minimum price for: wheat 0,35 cents. grass seed 1 Euro, and potatoes 0,35 cents and the onions also 35 cents? That is the same way of calculating that many here think that cosun should sell the sugar, so you have to set the bar for yourself at that level too. Then we will check in 2026 whether you have also achieved this. I also know how it should be done, but the reality is often more unruly.
dear other Peter.. what matters is that everyone in the food chain earns money except for the grower.. apparently the product should not cost too much but the grower also has cost-increasing factors that come on his plate.... a everyone can calculate their cost price, but the margins have been exhausted... then we are not even talking about the risks in cultivation....
Subscriber
Cor 14 February 2022
other peter wrote:
When I read this thread I have the idea that all arable farmers are super sellers. The sales advice given here is of a very high standard. Dear cosun, as you can read you shouldn't sell at the lowest point.... And don't sell in advance.... and that you have to factor inflation into the price... I'm curious how the arable farmers / advisors in this thread have sold their yellow seed onions this year . I assume all between 25 and 30 cents/kg. That is last year's top price adjusted for inflation. I also think that all beet growers who often also grow grass seed have freely grown their grass seed for harvest 21. Of course, with their visionary view, they did not sign a contract in September 20, if they have already done so, of course with an inflation adjustment of 6% what that means. saw you coming for a long time. Just like the potatoes. They too were all grown 21% free for harvest 100.... Sure. Nor has anyone here sold part of his wheat crop 21 in advance for 200 euros last winter. I just want to say be careful about blaming others, first analyze your own actions before accusing someone else of incorrect market assessments. And of course I also hope for more than 50 euros per tonne and no, I am not on the board. But I find it very easy to call from the sidelines.
Other Peter,

This is a little too easy; we as beet growers do our job as well as possible and I expect the same from the board. That is what they are trained for and that is what they get paid for.
Subscriber
other peter 14 February 2022
dear gwoon, when I read the thread above it is really mainly and specifically about how bad the beet price is and that it could / could have been much better in the view of the responding arable farmers. The generality you are now quoting is a general one that we can write long and broad about, but which the thread above was not primarily about
Subscriber
time bomb 14 February 2022
other peter wrote:
When it comes to the forecast for the coming years . I would like to see your prediction that you can be counted on on this forum. So I would like to hear your expected wheat price, onion price, potato price and grass seed price in 2025. Of course, your sales price is then with a full calculation of all increased costs. So the minimum price for: wheat 0,35 cents. grass seed 1 Euro, and potatoes 0,35 cents and the onions also 35 cents? That is the same way of calculating that many here think that cosun should sell the sugar, so you have to set the bar for yourself at that level too. Then we will check in 2026 whether you have also achieved this. I also know how it should be done, but the reality is often more unruly.
Could all be so, but Sugar Union belongs to the farmers, and they keep us on the line. Too little to live on and too much to die from. We have to grow our hash full. Something about onions/potatoes.
90 tons of average beet is +/- € 3420. 60 tons of onions was €14 6000 days ago, today €7800.Potatoes free, 55 tons of 220 is €11.000, but also costs quite a bit
I know wheat and grass seed may be a bit more expensive, but you'll end up with the best soil from it, and you'll have some left over, but beets, I know if you calculate it properly, I also have some left over. Makes a difference from company to company.
It can freeze or thaw 14 February 2022
time bomb wrote:
other peter wrote:
When it comes to the forecast for the coming years . I would like to see your prediction that you can be counted on on this forum. So I would like to hear your expected wheat price, onion price, potato price and grass seed price in 2025. Of course, your sales price is then with a full calculation of all increased costs. So the minimum price for: wheat 0,35 cents. grass seed 1 Euro, and potatoes 0,35 cents and the onions also 35 cents? That is the same way of calculating that many here think that cosun should sell the sugar, so you have to set the bar for yourself at that level too. Then we will check in 2026 whether you have also achieved this. I also know how it should be done, but the reality is often more unruly.
Could all be so, but Sugar Union belongs to the farmers, and they keep us on the line. Too little to live on and too much to die from. We have to grow our hash full. Something about onions/potatoes.
90 tons of average beet is +/- € 3420. 60 tons of onions was €14 6000 days ago, today €7800.Potatoes free, 55 tons of 220 is €11.000, but also costs quite a bit
I know wheat and grass seed may be a bit more expensive, but you'll end up with the best soil from it, and you'll have some left over, but beets, I know if you calculate it properly, I also have some left over. Makes a difference from company to company.
Agree, but if you include the CBS, most growers do not get the 60 tons of onions and 55 tons of potatoes.

The beet price simply has to increase by 10 euros to get a profitable cultivation, if not then less or no beets because COSUN cannot force anyone to grow beets where you already know that the cultivation is loss-making!!!
Claas 14 February 2022
Want to hear if all these noises come through at the assemblies tonight and later this week?
Incidentally, I am of the opinion that our fellow farmers/members' council members should be questioned about these issues because they have been elected by us and can therefore be held accountable for the policy pursued.
The Board of Directors has been appointed and, in principle, has no ties with the members.
You can no longer respond.

What do the current
cereal quotes?

View and compare prices and rates yourself

News Sugar beets

Cosun raises minimum price for sugar beets

Call our customer service +0320(269)528

or mail to support@boerenbusiness.nl

do you want to follow us?

Receive our free Newsletter

Current market information in your inbox every day

Sign up