Arable News

  • Written by: Farmers Guide
  • Posted:

Completion bonus announced for beet growers for 2013/14

Following months of discussions, the NFU and British Sugar have today announced details of a contract completion bonus payment for beet growers.

 

Provided they fulfil their contract, growers will receive 1.50 per tonne on their 2013/14 contracted tonneage, to be paid following the 2013/14 campaign and applying to both Contract Tonneage Entitlement (CTE) and Industrial Tonneage (ICE).

 

NFU Sugar has been highlighting to British Sugar for some months the difficulties of this years campaign and the significant loss of confidence among growers. Growers have faced challenging crop conditions and beet factories have had multiple performance problems resulting in a long campaign, further compounding problems on farm.

 

NFU sugar board chairman William Martin said: We welcome the agreement reached with British Sugar today which represents a positive first step in helping restore growers confidence in British Sugars commitment to UK growers.

 

  • Growers that achieve their 2013/14 contracted tonneage will receive the completition bonus payments bringing the total equivalent payment to 28.01/t for CTE and 27.01/t for ICE. Surplus beet tonnages will be 25/t as previously announced.

         The additional payment will not be made if there is a shortfall against contracted tonnage.


  • Written by: Farmers Guide
  • Posted:
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