Tereos will pay more than 40 €/t for 2022 sugar beet

Le Betteravier Français

Wednesday, October 19, 2022

The cooperative group Tereos has announced "sharp increase in the price of beet", up to €40.04/t for standard quality 16% for all sugar beet delivered in 2022. A first deposit of €20.02/t will be paid on 30 November, reports Le Betteravier Français. Gérard Clay, Chairman of the Board of Directors of Tereos wrote in a letter dated 18 October that, "In view of the sales achieved and the market prospects, we are already recording a significant increase in our average selling price equivalent sugar, compared to 2021." The new price represents an increase of just over €10/t compared to the average total remuneration received by a Tereos cooperator for sugar beet in 2021-2002.

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