Finished animal feed pellets, a by-product of sugar beet, pass along a conveyor belt at the British Sugar Plc factory in Bury St Edmunds, U.K., on Wednesday, Oct. 21, 2015. Lower European sugar prices this year have had disparate results -- easing input costs for European-based packaged-food makers, while hurting sugar producers' sales. Photographer: Chris Ratcliffe/Bloomberg via Getty Images