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This hasn't happened in almost 40 years: sugar in Ukraine could sharply rise in price because of drought
Because of drought and heat waves, sugar beet production in Europe in the 2026/27 season could fall by more than 20%, and in some regions by 50-60%, threatening the lowest sugar output in 38 years. Against a backdrop of shrinking sowing areas and falling stocks, sugar prices have already begun to rise, and a further shortage could sustain their increase. Read more.
