Nearly €80m for last year’s beet

IN our coverage last week of the leaked proposals for reform of the EU sugar regime, we incorrectly gave the payment to Irish beet growers for last year’s crop as €11.7m.

In fact, it was nearly €80m. For last year’s delivery of 1.34m tonnes, Irish Sugar also pays a freight subsidy to growers on top of the nearly €54 per tonne for the beet.