American Crystal Sugar Company beet stock hit a record brokered price of $4,900 per share this past week. For the week, only 36 shares for brokered for an average price of $4,865.28 per share. “We’ve reached the point in the season where there aren’t many shares for sale and the price has ticked up,” says Jayson Menke, owner, Acres & Shares. “Although the price is a record high, there were only two sales totaling 16 shares.” On a weekly basis, Acres & Shares tracks brokered sales and provides a beet stock snapshot. For the season, 3,639 shares have been brokered for an average price of $4,865.28. That’s less than one percent of the outstanding shares.
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