The Company is a Minnesota 308A agricultural cooperative corporation owned by approximately 2,800 sugarbeet growers in the Minnesota and North Dakota portions of the Red River Valley. The Red River Valley forms a band approximately 35 miles wide on either side of the North Dakota and Minnesota border and extending approximately 200 miles south from the border of the United States and Canada. The Company was organized in 1973 by sugarbeet growers to acquire the business and assets of the American Crystal Sugar Company, then a publicly held New Jersey corporation in operation since 1899. By owning and operating five sugarbeet processing facilities in the Red River Valley, the Company provides its shareholders (members) with the ability to process their sugarbeets into sugar and agri-products such as: molasses; sugarbeet pulp; and by-products of the molasses desugarization process, betaine and concentrated separated by-product (CSB). The Company’s Board of Directors establishes sugarbeet acreage planting requirements in the Red River Valley (Red River Valley crop) each year based on factory processing capacity, expected crop quality, government regulations and other factors. The total authorized acres to be planted are allocated ratably to each preferred share held by the members. The Company processed sugarbeets from approximately 443,000 acres for the 2011 Red River Valley crop (fiscal year 2012) and expects to process sugarbeets from approximately 419,000 acres for the 2012 Red River Valley crop (fiscal year 2013).
Company profile
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ASCS
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Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Latest filings (excl ownership)
15-15D
Suspension of duty to report
23 Jul 13
NO ACT
No action letter
17 Jul 13
10-Q
2013 Q3
Quarterly report
15 Jul 13
8-K
Regulation FD Disclosure
10 Jul 13
8-K
Regulation FD Disclosure
28 May 13
8-K
Regulation FD Disclosure
14 May 13
8-K
Changes in Registrant's Certifying Accountant
30 Apr 13
10-Q
2013 Q2
Quarterly report
15 Apr 13
8-K
Changes in Registrant's Certifying Accountant
29 Mar 13
8-K
Regulation FD Disclosure
28 Mar 13
Latest ownership filings
No filings