Competitiveness of different sugarcane industries in an era of low sugar prices

2020 ◽  
pp. 94-103 ◽  
Author(s):  
L. Jean Claude Autrey ◽  
L. Jolly ◽  
P. Leste de Périndorge
Keyword(s):  
Sugar Industry ◽  
Market Price ◽  
World Market ◽  
General Situation ◽  
Technical Performance ◽  
Western Africa ◽  
Policy Tool ◽  
The World ◽  
Cane Quality ◽  
And Control

A surplus in global production over consumption in 2017-18, initially projected at 10 mn t of sugar mainly from boosted production in India, Thailand, European Union and other countries, resulted in a 10-year low price of sugar in August 2018. Due to the low price environment seen in 2017-18, even the most efficient sugar producing countries such as Brazil had production cost higher than the world market price. It was opportune to study the competitiveness of different sugarcane industries in Southern, Eastern, Central and Western Africa in comparison with large producers such as Brazil, India, Thailand and Australia. Parameters measured included the general situation of each industry, the production of cane (area cultivated, yield, productivity, cane quality, harvest and control, performance of small producers, price of cane and research, development and extension), milling of cane (number of factories, sugar production, milling efficiency, price of sugar locally and internationally) and diversification (biofuel, electricity cogeneration and others). The technical performance indicators usually used by sugar analysts across the world were used to compare the technical efficiency of the industries concerned in relation to their regional and world competitors. National policies implemented in each country were analysed. Explicit lessons were drawn from the complexity and diversity of sugar policy applied to industries around the globe. Armed with these lessons, stakeholders should be able to develop a reformed policy tool box for the sugar industry that will allow it to achieve the required efficiency at all levels.

World trade of beet pulp pellets

2016 ◽  
pp. 501-504
Author(s):  
Sergey Gudoshnikov
Keyword(s):  
World Trade ◽  
Sugar Industry ◽  
World Market ◽  
Good Source ◽  
The World ◽  
Recent Developments ◽  
Beet Pulp ◽  
Animal Feeding ◽  
Additional Income ◽  
Pulp Production

Beet pulp remaining after the extraction of sugar from beet is a good source of highly digestible fibre and energy used for animal feeding. Beet pulp is mostly used domestically but about 15% of global dried beet pulp production is exported to the world market. Although pulp have only little value as compared to sugar, sales of it abroad help generate additional income for the sugar industry with relatively low overheads. In contrast to sugar where import markets are protected by tariffs and non-tariff barriers while export volumes can be heavily regulated by governments, these restrictions are much less extensive for beet pulp trade. This article reviews recent developments in the world trade in beet pulp. The context of the article is based on the ISO study “World Trade of Molasses and Beet Pulp” MECAS(16)06.

scholarly journals Wpływ regulacji rynku na funkcjonowanie sektora cukrowniczego w Polsce

2014 ◽  
pp. 127-141 ◽  
Author(s):  
Michał Pietrzak ◽  
Marcin Mucha
Keyword(s):  
European Union ◽  
European Commission ◽  
Sugar Industry ◽  
Free Market ◽  
World Market ◽  
The European Union ◽  
Market Conditions ◽  
The World ◽  
Sugar Market ◽  
The Eu

In the period 1990–2013 sugar industry in Poland faced numerous legal transformations, shifting from nearly free-market conditions into a strongly regulated sector. Changes of the sugar industry regulations had a significant impact on the structure of the sugar market, companies’ actions and, as a result, on their performance. Accession to the European Union and the reform of the sugar regime conducted from 2006 to 2010 on the initiative of the European Commission involved deep restructuring and modernization of the factories, which caused growth of their productivity. However, prices of sugar in the EU and in Poland are much higher than prices on the world market.

scholarly journals The Application of Optoelectronic Elements to Control the Sowing Process

2019 ◽  
Vol 132 ◽  
pp. 01003
Author(s):  
Łukasz Gierz ◽  
Włodzimierz Keska
Keyword(s):  
Laboratory Tests ◽  
World Market ◽  
Electronic Equipment ◽  
The World ◽  
Photoelectric Sensor ◽  
Patent Literature ◽  
And Control

The article is an overview of scientific and patent literature as well as solutions available on the world market of electronic equipment for seed drills. Recently Dickey-John and Väderstad, which offers the SeedEye system, have been leading companies in this branch. Photoelectric sensors, which do not interfere with the seed flow, are often used to count seeds and control the correctness of sowing. The article describes and presents the results of simulation and laboratory tests of two original innovative concepts of a photoelectric sensor: 1 – with an infrared diode and a centrifugal seed stream concentrator, 2 - laser multi-reflection sensor

scholarly journals Sugar and Democracy in Fiji: the Material Foundations of Post-Colonial Authoritarianism 1970-2005

2021 ◽  
Author(s):  
◽  
Keiran Barbalich
Keyword(s):  
Land Tenure ◽  
Political Institutions ◽  
Sugar Industry ◽  
Market Price ◽  
World Market ◽  
Post Colonial ◽  
Tenure System ◽  
Land Rents ◽  
Land Tenure System ◽  
Sugar Exports

<p>Fiji became independent in 1970, and functioned for 17 years under a constitution with democratic elements, including elections. Three times since 1987, however, armed force has overthrown constitutionally elected governments. Some observers see this as a failure of the consolidation of Fijian democracy, while others acknowledge the facade of Fijian democracy. Among those who acknowledge Fiji's authoritarian institutions, conflict persists as to whether authoritarianism is the inevitable product of ethnic conflict in Fijian society, or a consequence of post-colonial institutional legacies. No movement toward democracy in Fiji is likely to succeed until we understand the material foundations underlying Fiji's authoritarian politics. This thesis argues that Fiji' authoritarian political institutions, established under colonial rule, have been sustained since independence by forces in the international economy. These forces have helped to maintain the economic, social and political dominance of a Pacific-Fijian chiefly elite over Fijian society. Specially, chiefly control of the sugar industry, Fiji's principal export, has provided chiefs with sufficient patronage resources to retain their control over Fijian society through electoral politics or, at the event of undesirable electoral outcomes, through armed opposition. Through post-colonial structures, the chiefs control the land-tenure system, and through their setting and receipt of land rents, they have been the principal beneficiaries of Fiji's sugar exports. This comparatively inefficient industry, and the social and political institutions that it rests on, have survived because Fiji, as party to the European Union's Sugar Protocol, has received two-and-a-half to three times the world market price for its sugar exports between 1975 and 2009. This thesis makes its case through close textual analysis of Fiji's three constitutions, detailed inspection of Fiji's land-tenure system, and, specifically, the accounts of the Native Land Trust Board, as well as examination of the secondary literature on Fiji's sugar industry.</p>

scholarly journals A Comparison of World and Domestic Price Volatilities of Oilseeds: The Ethiopian Case

2015 ◽  
Vol 7 (2(J)) ◽  
pp. 145-161
Author(s):  
Zerihun G. Kelbore
Keyword(s):  
Poverty Reduction ◽  
Time Series Data ◽  
Market Price ◽  
Price Volatility ◽  
World Market ◽  
Domestic Market ◽  
Series Data ◽  
The World ◽  
Price Risks ◽  
The Government

This study investigates and compares oilseeds price volatilities in the world market and the Ethiopian market. It uses a monthly time series data on oilseeds from February 1999 to December 2012; and analyses price volatilities using unconditional method (standard deviation) and conditional method (GARCH). The results indicate that oilseeds prices are more volatile, but not persistent, in the domestic market than the world market. The magnitude of the influence of the news about past volatility (innovations) is higher in the domestic market for Rapeseed and in the World market for Linseed. However, in both markets there is a problem of volatility clustering. The study also identified that due to the financial crisis the world market price volatilities surpassed and/or paralleled the higher domestic oilseeds price volatilities. The higher domestic oilseeds price volatility may imply that the price risks are high in the domestic oilseeds market. As extreme price volatility influences farmers` production decision, they may opt to other less risky, low-value and less profitable crop varieties. The implications of such retreat is that it may keep the farmers in the traditional farming and impede their transformation to the high value crops, and results in lower income hindering the poverty reduction efforts of the government. This is more important to consider today than was before, because measures undertaken to reduce poverty must bring sustainable change in the lives of the rural poor. For this reason, agricultural policies that enable farmers cope with price risks and enhance their productivity are crucial.

scholarly journals Professor Nurkse and the Marketing Boards

1965 ◽  
Vol 5 (4) ◽  
pp. 631-637
Author(s):  
Gordon C. Winston
Keyword(s):  
Free Market ◽  
Market Price ◽  
Weighted Average ◽  
World Market ◽  
Supply Function ◽  
Domestic Price ◽  
Primary Products ◽  
The World ◽  
Short Run ◽  
Demand Fluctuations

rofessor Nurkse presented a compelling case against the price stabilization policies of national marketing boards for primary products based on the fact that these policies may reduce the quantity of foreign revenue accruing to the primary producing country [1], If they do, they may act to restrict the rate of economic development. To maximize export earnings, he proposed elimination of the marketing boards' function of insulating domestic producers of primary products from demand fluctuations on the world market. These demand fluctua¬tions were considered to be the result of cyclical fluctuations within the advanced countries, hence they were treated in a short-run context. To see Professor Nurkse's argument, consider a marketing board which has as its objective the stabilization of the price of a primary product, X, to the domestic producers of X in country A by use of a buffer fund1. This will be accomplished by the board, as a domestic monopsonist, if it fixes a price for its purchases of the product, then sells on the world market for whatever it can get in light of world demand conditions. Assuming that stabilization of price is its sole objective, it will select a domestic price which represents the anticipated weighted average of the world market price over some time period so that the board itself will, hopefully, show neither a profit nor a loss at the end of the period from these tax and subsidy operations. While the short run free market supply function, Sf (which we assume to be linear, of positive price elasticity, stable, and responsive without lags), still exists, the stabilization of domestic price at p in Figure 1 will yield a supply function to the world market, Sm, which is perfectly inelastic at the quantity, Q.

scholarly journals Risks from the microbiological and chemical contamination of fish materials

2005 ◽  
pp. 181-188
Author(s):  
Tibor Halasi ◽  
Milan Matavulj ◽  
Biljana Malovic ◽  
Snezana Kalamkovic ◽  
Ruza Halasi ◽  
...  
Keyword(s):  
World Market ◽  
Control Fish ◽  
Fish Ponds ◽  
Chemical Contamination ◽  
Fish Food ◽  
Fish Products ◽  
Manufactured Products ◽  
The World ◽  
Biological Contaminants ◽  
And Control

Fish is today one of the most important commercial material. In our market as in the world market they are present in fresh and manufactured products. Fish products always have some risk. They could be contaminated with dangerous chemicals and biological contaminants. From biological originated polutions Aflatoxin and other Mycotoxins are very dangerous. The contamination starts in fish ponds, in canals and swamps. Also, the contamination occurs at storage and prepararation of fish materials. It is very important to recognize hygienically correct fish material and control fish food and different products from fish by educated inspectors (Vlahovic, 1999).

scholarly journals Wahania cykliczne na światowym rynku cukru

2019 ◽  
Vol 19(34) (2) ◽  
pp. 186-195
Author(s):  
Piotr Szajner
Keyword(s):  
Economic History ◽  
Sugar Industry ◽  
World Market ◽  
Global Market ◽  
Regulation System ◽  
Market Regulation ◽  
Export Prices ◽  
The World ◽  
The Business Cycle ◽  
The Eu

In the economic history of the world, sugar is considered one of the first global products, and the supply-demand in the global market has had a major impact on the development of local markets. The Polish sugar sector has been under the influence of the world market for many years. The reform of the sugar market regulation system in the EU has made the EU and domestic markets increasingly dependent on the world market. The production potential of the domestic sugar industry is greater than the demand on the internal market and the excess supply is directed to exports. The global market is characterized by cyclical fluctuations, which are determined by the cyclical nature of sugar cane cultivation. The length of the business cycle has been reduced to 2-3 years. The world market prices affect domestic sales and export prices and the financial performance of the sugar industry.

scholarly journals STRATEGIC DIRECTIONS OF ORGANIZATION GARLIC BUSINESS IN UKRAINE

2019 ◽  
pp. 173-186
Author(s):  
Ivan ZUBAR
Keyword(s):  
World Market Price ◽  
Market Price ◽  
World Market ◽  
Business Interests ◽  
Planting Material ◽  
Current State ◽  
Wide Range ◽  
The World ◽  
Effective Development

The article considers the current state of the garlic market in the world. It is determined that garlic is one of the most widely used crops in the world and has a wide range of uses, which makes it a promising object of business interests. An overview of the dominant trends in the production of garlic, the capacity of the world market, price aspects and formed the top 5 countries-exorcists of this product. The trend of gradual growth of volumes of deliveries and currency earnings has been recorded. The tendencies of export-import circulation of garlic are analyzed, features of production and realization of this product in Ukraine are determined. The key problems of domestic garlic are outlined. A description of the varietal conglomeration of domestic garlic selection was carried out. On the basis of author's data, the calculation of the efficiency of using different planting material and landing schemes was made. Also calculated the expediency of storing garlic in vegetable stores and selling it in winter. On the basis of which are summarized the main vectors of the organization of profitable garlic business in the countryside. According to the results of the conducted research, a number of problematic factors that restrain the effective development of this industry in Ukraine are proposed and the key paradigmatic directions of their solution are proposed.

Developments in the EU and world sugar markets in 2009

2010 ◽  
pp. 29-36
Author(s):  
Stephan Nolte ◽  
Harald Grethe
Keyword(s):  
World Market Price ◽  
Market Price ◽  
World Market ◽  
Current Season ◽  
Implementation Phase ◽  
Production And Consumption ◽  
Determining Factors ◽  
The World ◽  
Sugar Market ◽  
The Eu

The article reviews the developments on the sugar market in 2009. After the introduction, it starts with an overview of production and consumption in all world regions. Production shortfalls in major producing countries led to an increase of the world market price to a 28 year high. For the current season, a further deficit is expected. The next chapter informs about developments on the EU market, where the implementation phase of the 2006 reform ended and a new regulation for sugar imports from ACP countries entered into force. The last chapter discusses model based forecasts of the world sugar market over the coming decade and determining factors of the medium term development of production and consumption of sugar.

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