LMC’s new service monitors field profit margins for sugar crops throughout the year for major producers around the world – 8 cane and 4 beet industries – to give a clear view of the economic health of production. It also monitors alternative crops to establish whether sugar crops look attractive to farmers in comparison, providing an important insight into planting intentions. The forecasts of sugar area take into account whether an industry is subject to market forces or to institutionally set prices.
Each month, it tracks:
• Beet/cane margins at the farm level and how they are evolving
• The profitability of beet/cane vs. major alternative crops
• Area under beet/cane
• Factors critical for production, such as rainfall and dam levels
Sugar Field Margin Tracker is delivered monthly to capture crop results as they become available to ensure clients are up to date.