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.
(© Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)