Sep 26
The EU Agriculture Council today agreed the “mini-reform” of the EU sugar policy, Agriculture Commissioner Mrs Fischer Boel said at the press conference after the meeting. Mrs Fischer Boel noted that for the first time EU beet growers would be able to decide on quota renunciation, with the incentive of a one-off payment of 300 €/t; she further noted that the strength of the cereals market would encourage further renunciation of quota, but if the desired quantity was not reached, there would be an across-the-board quota cut in 2010. The press conference can be viewed online here. Earlier today, the beet growers group CIBE issued a press release which can be viewed here.
