The sale of American Crystal Sugarbeet Company beet stock began earlier than normal this year. Red River Land Company President Chris Griffen is seeing solid demand for shares. “Beet stock has remained extremely strong. There’s been more volume than is typical for this time of year and, surprisingly, some of the lots that we’ve sold have been larger than you’d anticipate with the current high price.” A year ago, beet stock peaked at $4,800 per share. The values are well above that level this year. “They’ve ranged primarily between $5,000 and $5,200. We had one sale at $5,200 which is the high.”
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