Articles tagged under: Tom Astrup
A Higher Payment for ACSC Shareholders
Published December 2, 2022
The 2021 American Crystal Sugar Company harvest produced 11.8 million tons, a notable increase from the previous year. The final shareholder payment for the 2021 fiscal crop was $64.98 per ton. President Tom Astrup says payments for the 2022 crop…A Better-Than-Expected Crop for American Crystal Sugar Company
Published December 3, 2021
American Crystal Sugar Company President Tom Astrup says there were many bright spots this past year, including a better-than-expected crop at a yield of 28.7 tons per acre and 18 percent sugar content. "In 2019 as a co-op, farmers harvested…Questions Remain About Sugarbeet Disaster Aid
Published March 2, 2020
American Crystal Sugar Company President Tom Astrup says the breakdown of this WHIP+ program for sugarbeet cooperatives is different. "The traditional disaster program was designed for a farm level claim. With the cooperatives, especially all of the sugarbeet cooperatives across…Sugarbeet Growers Move Forward from 2019 Harvest
Published December 6, 2019
There's no denying it was a tough harvest for the American Crystal Sugar Company. CEO Tom Astrup told shareholders during the annual meeting nearly one-third of planted acres are still in the field, with the fewest tons harvested since 1994.…American Crystal Sugar Meets This Week
Published December 1, 2019
American Crystal Sugar Company will hold their annual meeting this week. Responding to the rough harvest, CEO Tom Astrup says the cooperative keeps working on the fundamentals of the sugar business. "This was the absolute worst harvest we've had in…Hoeven, Peterson Seeking Sugar Disaster Assistance
Published November 22, 2019
North Dakota Senator John Hoeven, Minnesota Representative Collin Peterson and American Crystal Sugar Company CEO Tom Astrup are calling on USDA to provide disaster funding to sugarbeet farmers and cooperatives. Farmers in the Red River Valley left approximately 118,000 acres…Minnesota Farmers Share the Challenges of a Tough Harvest
Published November 5, 2019
House Agriculture Committee Chairman Collin Peterson got a harvest update from local potato and sugarbeet farmers on Tuesday. The cold, wet weather is a challenge, but farmers are still trying to harvest sugarbeets. According to American Crystal Sugar Company CEO…More Discussion Ahead on Sidney, MT Sugarbeet Plant Spin-Off
Published December 7, 2018
Addressing stakeholders during the annual meeting, American Crystal Sugar Company board chairman Curt Knutson says there’s more discussion ahead regarding a potential deal between ACSC and the Big Sky Sugar Cooperative. Big Sky intends to take ownership of a Sidney,…Cold, Wet Harvest Impacts Sugarbeet Payment Forecast
Published December 7, 2018
The forecasted sugarbeet payment for the 2018 American Crystal Sugar Company crop is $48 per ton with a $4 unit retain. ACSC President and CEO Tom Astrup said it’s a lower payment because of many little reasons and two big…