FARGO, N.D. – American Crystal Sugar Company congratulated growers for another record sugarbeet crop.
At it’s annual shareholders meeting, the cooperative said 13.3 million tons of sugarbeets were harvested this fall that had a sugar content of 18 percent.
The company said in a press release declining world sugar prices and excessive imports are making for a challenging sugar market, bringing the forecasted net payment per ton to $43.85.
American Crystal Sugar officials said the 2024 sugarbeet crop yielded 32.2 tons per acre, growers harvested 13.2 million tons and sugar content was at 18.5%.
Company officials said the increased sugar content, good beet storage and processing results, and a favorable sugar market, resulted in a net payment per ton of $78.
