NFU Sugar Chairman, William Martin THE GROWERS VIEW The NFU champions British farming and provides professional representation and services to its farmer and grower members The timeline for change CAP agreement reached in July 2013 • Three more crops under quota regime – 2014/15 crop: price agreed as £31.67 – 2015/16 crop: IPA to be agreed – 2016/17 crop: IPA to be agreed • 31 September 2017 is the end of quotas – 2017/18 crop and beyond: A new IPA The NFU champions British farming and provides professional representation and services to its farmer and grower members The current regime Protection against market dominance • Collective negotiation • Inter-Professional Agreements (IPA) Market provisions: • Quota management: 13.3 million tonnes sugar for food markets (19 Member States) • Sugar reference price (€404.4 / tonne) and a minimum beet price (€26.29 / tonne) • Trade measures: import tariffs The NFU champions British farming and provides professional representation and services to its farmer and grower members Post 2017 Protection against market dominance (unchanged) • Collective negotiation • Inter-Professional Agreements (IPA) Market provision: • Trade measures: import tariffs (unchanged) The NFU champions British farming and provides professional representation and services to its farmer and grower members Can UK farmers compete? The NFU champions British farming and provides professional representation and services to its farmer and grower members Growers’ Income: High sugar price The NFU champions British farming and provides professional representation and services to its farmer and grower members Growers’ Income: Low sugar price The NFU champions British farming and provides professional representation and services to its farmer and grower members EU and world sugar prices The NFU champions British farming and provides professional representation and services to its farmer and grower members WHAT CAN WE DO TO BE MORE COMPETITIVE? The NFU champions British farming and provides professional representation and services to its farmer and grower members