American Crystal Sugar Company beet stock has trended down to $5,100 per share, says Acres & Shares broker Jayson Menke. According to Menke, 654 shares were brokered last week with all, but five shares traded at $5,100 per share. On a weekly basis, Menke compiles a beet stock snapshot from the three beet stock broker websites. “With the higher sale volume last week, broker inventory was dwindled down,” Menke says. “Will we see additional inventory and see the prices stay steady or will lack of supply push share prices back up in this thinly traded market?”
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.