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American Crystal Sugar

American Crystal Sugar

Nov 5, 2013 at 11:48 am

Low sugar prices are cutting into payments to farmers at American Crystal Sugar Co.
 
     The Moorhead-based cooperative is telling its growers to expect a "massive reduction" in payments for this year's beet crop.
 
     In a company blog, American Crystal CEO David Berg says growers will be paid just $38 per ton. Last year, Crystal's farmers were paid more than $68 per ton.

     The company says the reduced payments are mainly due to lower sugar prices but also reflect much lower sugar content in this year's crop.

 

 

 

 

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