RC (Joint Research Centre) lowered its EU beet yield for the new crop from 75.7 MT per hectare (ha) to 73.9 MT per ha. This brings the forecast from above to below the five-year average yield of 75.2 MT per ha. JRC’s most recent report warns that above-average rainfall will be needed to achieve average yields, noting that both the below-average rains and soil moisture are affecting non-irrigated crops.
Rainfall is projected as below average in the next three months for major origins like France and Germany. Russian beets are sizing at levels above recent years, with sugar content up about a point from last year, per Soyuzrossahar.