Beets will outgrow sugarcane, says Czarnikow

October 21, 2011 |

In New York, Czarnikow is projecting that global beet production will increase by 20% year-on-year, compared to a 2 percent increase for sugarcane. “2011/12 is expected to be the year in which global sugar production finally meets demand after three years of deficits,” the firm said. “The majority of this increased production looks set to come from sugar beet. The growth in beet production is largely concentrated in Europe and Russia which have had more favourable weather conditions than the previous year, and increases in the area planted. Although cane remains the more competitive sugar crop, lack of investment in Brazilian cane production means that beet is accounting for the greatest share of global production since 2007/8.”

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Category: Fuels

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