There are also problems with the sugar crop due to the drought

By: Trademagazin Date: 2022. 08. 29. 13:29

Sugar producer Nordzucker expects group harvest to be below last year’s level due to the drought across large parts of Europe. The group will commence processing sugar beet on 3 September.

Expecting weaker results this year

The group processes organically grown beet in Schladen, Nykøbing in Denmark, and Kèdainiai in Lithuania at the beginning of each campaign. Other Nordzucker plants in Germany, Denmark, Sweden, Finland, Lithuania, Poland, and Slovakia will start processing beet between 11 September and the beginning of October.

Despite slightly higher sugar content than in previous years, Nordzucker has predicted that the harvest will be slightly below average compared with previous years. Sugar cane processing in the group’s Australian factories has been underway since mid-June, the company noted. Heavy rainfall had temporarily delayed harvesting and processing there.

The group expects to complete beet processing by the end of January 2023.

ESM