Has American Crystal Sugar Company beet stock values peaked? “In the short term, beet stock values appeared to have peaked in November at $4,800 per share,” says Acres & Shares owner Jayson Menke. From November 3 to November 18 there were 173 shares brokered at $4,800 per share. From late November through the end of the year there were 243 shares brokered around $4,700 per share. “Right now, there are about 1,000 shares for sale through the three brokers priced between $4,650 to $5,000 per share. There certainly appears to be some downward pressure on the market.” There were no brokered sales last week.
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