In 2023, sugar production allowed us to abandon the sale of cereals and oilseeds — Cygnet
7-7.5 tonnes of sugar can be obtained from 1 hectare of sugar beets. The price of sugar at the factory today amounts to €600 without VAT. Meanwhile, the cost of sugar beets growing is $1,500, plus the cost of processing. So, in 2023, the income for 1 hectare of sugar beets amounted to about $2,000.
Financial director of Cygnet Agrocompany Volodymyr Bondarenko told about this at Ukrainian professional conference «Grain And Processig: Development Despite the War», Latifundist reported....