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EU farm chief 'confident' sugar prices will recover
By EUobserver
EU commissioner for agriculture Phil Hogan told press on Monday that new data about sugar prices were "indicating the market is coming into balance". Following the abolition of sugar quota in 2017, the sugar sector has been struggling. Hogan said however that updated figures gave him confidence that the market was adjusting to the post-quota situation. "I am confident that prices will continue to increase," said Hogan.