Watch CBS News

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.

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 This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.