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European Commission downgraded its EU sugar output forecast

09.07.2018 23:16 "Agro Perspectiva" (Kyiv) As of last week, the European Commission has lowered its forecast for EU 2018/19 marketing year sugar output to 20.1 million tons, down against 20.4 million tons, Ukrainian National Association of Sugar Producers says referring to the Reuters report. «Within EU many countries, 2018/19 marketing year sugar sowing campaign has been slowed by the wet and cold weather within this year Mar,» the Commission admits. «Although the conditions were more favorable within next few months, it remains still unclear whether this slowing can affect the sugar beet yield and the sugar beets sugar content». As to the Commission, the EU 2017/18 marketing year sugar output was 21.1 million tons, slightly up against earlier Commission-made 21 million tons forecast.

Agro Perspectiva

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