Sugar Producer

March 2014

Issue link: http://read.uberflip.com/i/266695

Contents of this Issue

Navigation

Page 28 of 31

www.SugarProducer.com 29 technology that should permit growers to use fewer chemicals and less volume per acre in the future," Berg said. "Many people inside and outside the United States strongly resist the use of genetic techniques to improve agriculture. But the reality of increasing populations will make the use of genetically engineered varieties more—not less—preva- lent in coming years." The use of new technologies and sugar- beet varieties should enhance profitability by 2025. Horny notes simply that sugarbeets have been "the mortgage lifter." Sugarbeets must continue to be profitable to attract growers in the future. "Sugarbeets are too much work not to be profitable," said Horny. If profit margins decline, growers will find another crop or another line of work. Poindexter is less sure. From his vantage point production costs might increase by 2025, cutting into profits. Moreover competi- tion may intensify, putting downward pres- sure on sugar prices. Sinner worries about the trend toward free trade and globalism, noting that some 41 sugarcane-producing countries have access to U.S. markets, a number that is likely to increase by 2025. "It's difficult to compete against third world cane sugar," Sinner said. Wagner puts the matter succinctly: "Any increase in market access to other countries would likely be filled by cane sugar." If many of these predictions hold true, the future of sugarbeet culture in the United States will depend on biotech and new tech- nology. The future may be fraught with competition, leaving profitability at issue. Belt tightening may be in order. n "Sugarbeets are too much work not to be profitable," ~ Paul Horny

Articles in this issue

Links on this page

Archives of this issue

view archives of Sugar Producer - March 2014