Sugar Co. Payments May Be Modern Record
MOORHEAD, Minn. (AP) – American Crystal Sugar Co. has told its farmer shareholders that this year’s sugar beet crop is projected to bring them average payments of $57 per ton.
Spokesman Jeff Schweitzer says that would be a modern record.
The Grand Forks Herald reports that the high payment would join a record yield this year of 26.3 tons per acre.
The projection could change. The final payment decisions for each crop are not made until the following fall.
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