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Magyar Cukor surpasses its production quota

Crops

Magyar Cukor, owned by Austria's Agrana, refined more than its 105,420-tonne quota of sugar during a 2014-15 refining campaign, the company announced yesterday. The company processed 827,000 tonnes of sugar beet during the 120-day campaign.

The beet were delivered from contractors farming almost 11,000 hectares of sugar beet. Average yield was 73 tonnes per hectare, but sugar content was under 15%, lower than usual. Magyar Cukor's refinery, in Kaposvár (southwestern Hungary), is the last such operation in Hungary. All other Hungarian refineries were shut down after the 2007 season, following the EU reduction in sugar price subsidies.

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