Sugar prices remain at very high levels - NFU Sugar Beet Brief

Friday, February 23, 2024
In NFU Sugar's February report, NFU Sugar Commercial and Market Insight Manager Arthur Marshall takes a deep dive into current EU and UK sugar prices and what the expectation is for the 2024/25 campaign. Highlights: EU/UK white sugar prices have continued to climb to unprecedented levels in 2023/24 but expected to be lower in 2024/25. Margin between beet cost and sugar prices exceptionally high even with beet at £40/t. World sugar market in balanced position at current prices, until new news emerges.
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