Posted 11/11/2013 18:56 (#3438411 - in reply to #3438202) Subject: Re: American Crystal trades at $1,350
east grand forks, mn
I don't think this is the bottom yet. I bet we see $1000 before end of year. In the spring I would guess we see $600-$700. $38 pymt, doesn't look any better if not worse next year. Next 3 years going to be tough sailing. To boot most of us are not out of a drought by a long shot. Why would a beet grower not wait and let the stockholders sweat a few months and let the drop continue. Further more it would put more pressure to get the stock holder to sell so as the farmer can own the company again, which is the way it was suppose to be when the farmers originally bought the company.