USDA has announced sugar marketing allotments for Fiscal Year 2023. American Crystal Sugar Company is allocated 2.1 million short tons raw value. That’s an increase of 55,000 short ton from this year. Minn-Dak Farmers Co-op is allocated nearly 402,000 short tons, down more than 10,000 short tons from 2022. For Southern Minnesota Beet Sugar Cooperative, USDA allocated nearly 781,000 short tons. An increase of more than 20,000 short tons from this season. The Commodity Credit Corporation loan rates from refined beet sugar in Minnesota and eastern North Dakota is at 25.17 cents per pound.
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