• Russian beets have been planted in record numbers per hectare. 
  • Growing conditions have been normal and beets are developing well. 
  • This means Russia is on track to have an exportable surplus of white sugar this year. 

19/20 Production Increased  

  • We expect Russia to produce 6.4 m tonnes sugar in 2019/20, matching the record year of 2017/18. 
  • With consumption at just over 5.9m tonnes, Russia will be in a production surplus. 

2019/20 Production – Another Record Year?

  • This means that Russia will not need to draw down its stocks in order to fulfil export intentions. 
  • Stock to Use in Russia will remain above 20% (See Czapp sugar data). 

Russian Export Volume Increasing Significantly

  • If Russian logistics allow, we could see supply of more than 700k tonnes available to the world market. 
  • This could pressure the already oversupplied whites market and also displace some world market raws demand from Kazakhstan. 

Record Beet Population Performing Well  

  • The number of beets planted per hectare is 101,000, up 22% in 10 years. 
  • This is a result of increased government-led investment in Russian agriculture as part of an attempt to improve food security.  

Record Beet Population Improving Steadily

  • The first beet test indicates an average root weight of 117 grams, slightly above average for this time of year. 
  • This much above last year’s drought affected 81 grams.  
  • Weather in Russia has been favourable for beet growth 
  • Soil moisture across all beet growing regions is normal for this stage. 

Root Weight Normal After First Beet Test

Ben Seed

Ben joined CZ’s analysis team in 2016 on a year long internship before returning to the University of Bath to complete an Economics Degree. Since re-joining in August 2018, Ben has led the data insights team in expanding the range and quality of data available internally and to clients through CZ App. Ben spent 3 months in CZ’s Singapore and Bangkok offices to expand his knowledge of the region and help roll out the latest data processes. He is now also responsible for the Sugar Market View published each week on CZ App.

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