January 17, 2019 / 2:10 PM / a month ago

ABF raises estimate for British sugar production

LONDON, Jan 17 (Reuters) -

* Sugar production in Britain is expected to total 1.15 million tonnes this year, Associated British Foods said in a trading update on Thursday.

* The parent of British Sugar - the only British producer of sugar from domestic beet - had forecast in November that production would total only 1.05 million tonnes.

* “The UK campaign is progressing well and production will now be 1.15 million tonnes as a result of higher sugar content in the beet,” the company said in a trading update.

* Production will, however, be significantly below the prior season’s 1.37 million tonnes due to reduced beet yields. There were record yields in the previous season. (Reporting by Nigel Hunt Editing by Alexander Smith)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below