The Economic Aspects of Sugar Beet Production

The EU sugar policy reform threatens the European beet industry. But still there will be a scope to profit from this crop. The basic research question is whether the producers of sugar beet in the Czech Republic and Slovakia can achieve the goal of sugar yield 13 t/ha while maintaining their total costs at epsilon 25 per ton of sugar beet for the 2017 and 2018 campaigns. The main aim of this paper is to analyze the yield and the production costs of white sugar and sugar beet in the Czech Republic and Slovakia in order to identify the main development trends. The partial aim of this paper is to determine whether foreign-owned sugar company in the Czech Republic Tereos TTD, a.s. contributes to increase sugar yield from 1 hectare of sugar beet through the delivery of seeds and new technologies of cultivation. The used methods are chain and basic indexes and regression analysis of time series/trend data - for predicting the development of the next two marketing years. According to our research results the producers of sugar beet in the Czech Republic and Slovakia will be unable to achieve the goal of sugar yield 13t/ha while maintaining the total costs at epsilon 25 per ton of sugar beet in the next two campaigns.