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Rogers Sugar income fund announcement
Press Release
May 23, 2001
 
MONTREAL, QUEBEC--Plantings for the 2001 sugar beet crop are now complete with total acreage just over 30,000 acres, a reduction of approximately 12,500 from the previous year. The decrease in acreage is directly related to the current drought conditions in southern Alberta.

Most growers require a certain level of water from the irrigation system in order to grow sugar beets. This year, the irrigation authorities can only guarantee half of the water normally required due to low levels of water in the feeding reservoirs. A number of growers have therefore decided not to grow beets due to the uncertainty of water availability.

Rogers has ample capacity at its Vancouver refinery to make up for the anticipated shortfall in production from the Taber plant.