Negotiations have concluded between NFU Sugar and British Sugar, with a new deal agreed for 2026/27.
The contract options include a one-year fixed price contract at £30/t for up to 65% of the contract; a one-year contract with a guaranteed base price of £25/t, with a market-linked bonus for up to 100% of the contract.
There will also be an index-linked contract (previously futures-linked) for up to 50% of the contract; yield protection at a £1/t reduction on fixed and market-linked bonus contract prices, and a transport allowance for up to 60 miles for all factories.
A one-year contract holiday for up to 750kt Contract Tonnage Entitlement (CTE) will be offered on a first come, first served basis, as well as interest-free cash advance options, a late delivery payment and complimentary frost insurance.
NFU Sugar board chair Kit Papworth said: “I am pleased we have managed to come to a negotiated agreement with British Sugar for the 2026/27 sugar beet contract.
“This deal offers growers choices to suit individual business circumstances and balances challenging sugar market conditions and the increasing costs and risks of growing sugar beet here in the UK.”
