Russian and CIS sugar news, Sept 27, 2021

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In Bashkiria, on September 27, sugar beets were harvested from 13 thousand hectares, which is 36% of the total acreage. The gross harvest of beet amounted to 302 thousand tons, with average yield of 23.0 MT/ha. In the Ulyanovsk region, sugar beets were harvested from 3.8 thousand hectares (35%), the gross harvest was 98 thousand tons with a yield of 26.11 MT/ha.


As of September 27, Romodanovosakhar LLC in the Republic of Mordovia has processed about 16 thousand tons of sugar beet and produced the first 1000 tons of new crop sugar


On September 24, 2021, 9 sugar contracts were sold at NTB and BSP. The total volume of sales has made 1320 MT (NTB - 100 tn and BSP - 1220 tn) at the average price of RUR 45421/MT (US$624,56/MT at the exchange rate of CBR on date indicated). Trading session closed at $629.09/MT (CFO), $629.77/MT (PFO).


According to the Ministry of Agriculture of the Russian Federation, as of September 24, 2021, sugar beets were harvested from 262.8 thousand hectares, bulk harvest makes 9.7 million tons.


As of September 24, 2021, Vinnitsa regional enterprises have accepted 360.7 thousand tons of sugar beet for processing, including processed to report date - 284.5 thousand tons; 37.4 thousand tons of sugar produced,


Sugar beet production this year is projected to reach 4.8 million tons, the official Telegram channel of the Ministry of Agriculture reports.



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