Based on thin supply, American Crystal Sugar Company beet stock set a new high last week. According to Acres & Shares broker Jayson Menke, there were three sales brokered at $6,000 per share (two blocks of five and one for 12 shares) and 81 shares at $5,975 per share. “In the last month or so, there has been a very limited number of shares on the market and the price has trended up,” Menke said. “It’s also important to note that less than one percent of the outstanding shares have been brokered season to date.”
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