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What is your views on a new Sugar Beet industry?

  • 26-02-2014 11:58pm
    #1
    crossy
    Registered Users, Registered Users 2 Posts: 194 ✭✭


    Hey

    What do you all think of a new Sugar Beet industry in Ireland.?
    Seems like there is serious profits to be made out of it.


Comments

  • #2
    merryberry
    Registered Users, Registered Users 2 Posts: 332 ✭✭merryberry


    crossy wrote: »
    Hey

    What do you all think of a new Sugar Beet industry in Ireland.?
    Seems like there is serious profits to be made out of it.

    All speculation and fundamentals if u ask me. Not convinced


  • #3
    larrymiller
    Registered Users, Registered Users 2 Posts: 1,456 ✭✭✭larrymiller


    Yeah if it's to good to be true then it probably is


  • #4
    conor t
    Closed Accounts Posts: 154 ✭✭conor t


    when you consider eu prices are over double world prices doesnt look as good, imo we should just leave the lads in south america do it


  • #5
    newholland mad
    Registered Users, Registered Users 2 Posts: 328 ✭✭newholland mad


    crossy wrote: »
    Hey

    What do you all think of a new Sugar Beet industry in Ireland.?
    Seems like there is serious profits to be made out of it.

    serious profits for who? farmer or processor !!


  • #6
    Lambofdave
    Registered Users, Registered Users 2 Posts: 282 ✭✭Lambofdave


    crossy wrote: »
    Hey

    What do you all think of a new Sugar Beet industry in Ireland.?
    Seems like there is serious profits to be made out of it.

    I don't think much of it to be honest, anyone i have spoken to has no interest in restarting it, especially when they have to put money upfront for it.
    Seems and actually profits two very different things.


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  • #7
    andrewdeerpark
    Registered Users, Registered Users 2 Posts: 951 ✭✭✭andrewdeerpark


    Article on today's Sunday times about a possible restart. My own thoughts are its a crop best left to the 3rd world through the more efficient sugar cane plant.

    Aside from that if anyone wants to restart sugar beet production leave them off; but very important minus any subsidies, grants or incentives of any form (free buildings, job creation grants etc absolute ZERO outside grant assistance) from the government or EU. Also make it clear to all potential farmers that they are on their own from the outset so if they have a bad year, poor world price or harvest do not come crying back to government for help at any stage.

    The antics and wastage of money of the old sugar industry, in particular during the final years, was a disgrace we do not need round 2.


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