date:Mar 26, 2019
to turn a global sugar surplus that has been pressuring prices into a net deficit, analysts say.
The depressed markets after the end of the quotas has forced farmers to adapt, said Timothe Masson, economist at the French sugar beet growers group CGB, pegging a fall in plantings at EU level at about 5 percent.
Assuming an average sugar yield, EU sugar production in 2019/20 would fall to about 18 million tonnes, Masson said.
That would be down 3 million tonnes from output in 2017/18, the first