Sugar price slump

Gregor Heard
Updated May 29 2017 - 2:01pm, first published 1:53pm
Australian sugar producers are monitoring the world sugar market with some trepidation after global prices hit two year lows last Friday.
Australian sugar producers are monitoring the world sugar market with some trepidation after global prices hit two year lows last Friday.

PROMPT sugar prices globally have hit their lowest levels in two years on the back of concerns regarding oversupply and falling fuel prices, which make sugar-based ethanol uneconomical at current values.

Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

Get the latest NSW news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.