American Crystal Sugar Company shareholders harvest a record-breaking crop, face market challenges
FARGO, NORTH DAKOTA
American Crystal Sugar Company held its annual shareholders meeting in Fargo, ND, celebrating another record sugarbeet crop, while acknowledging significant market challenges. Today, shareholders reviewed crop and financial results from the 2024 crop year (2025 fiscal year ended August 31), discussed the cooperative’s performance in fiscal year 2025, and shared market conditions impacting the forecasted results for fiscal year 2026.
The 2024 sugarbeet crop yielded 32.2 tons per acre, and growers harvested a total of 13.2 million tons. Sugar content was above average at 18.5 percent. The increased sugar content, good beet storage and processing results, and a favorable sugar market resulted in a net payment per ton of $78.00.
Crop production in 2025 was unequaled, with a total of 13.3 million tons of sugarbeets harvested this fall. Although this is a new record for harvested tons and a fair sugar content of 18.0 percent, declining world sugar prices and excessive imports are making for a very challenging sugar market, bringing the forecasted net payment per ton down to $43.85.
About American Crystal Sugar Company
American Crystal Sugar Company is an agricultural cooperative owned by 2,550 shareholder entities in the Red River Valley involved in the growing and processing of sugarbeets. American Crystal Sugar is the largest beet sugar producer in the United States. American Crystal operates sugar factories at East Grand Forks, Crookston, and Moorhead, Minnesota, and Drayton and Hillsboro, North Dakota. Its Corporate Headquarters and Technical Services Center are located in Moorhead.
