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European Union sugar production is forecast 7 percent higher to 15.8 million tons
31.05.2021 11:53 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Sugar: World Markets and Trade (May 2020), European Union production is forecast 7 percent higher to 15.8 million tons as additional member states such as France and Germany are provided exemptions on the neonicotinoid ban. Sugarbeet seeds will be allowed to be coated with a neonicotinoid to help protect from beet yellow virus. In 2018, the European Commission banned the use of three neonicotenoids (clothianidin, imidacloprid, thiamethoxam), except for use in greenhouses, because of their harmful effect on wild bees and honeybees. These neonic pesticides are important for sugar beet production, since they used to be applied to seed to prevent aphid infestations in sugar beets. Consumption is up slightly while exports and imports are unchanged. With higher supplies, stocks are also forecast up. Effective January 1, 2021, the separation of the United Kingdom (UK) from the European Union (EU) was complete, including trade between both entities. Starting in May 2021 with the release of 2021/22 data, sugar PSDs reflect EU27 (shown in the PSD system as «European Union») and UK separately. Historical data for both EU27 and the UK is provided for 5 years (2016/17 through 2020/21).
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