Crystal's profits drop by 32 percent but still near record high
MOORHEAD, Minn. -- American Crystal Sugar saw its net proceeds slump by almost a third for its 2012 reporting year, although it posted its second-highest payments to beet growers in history.
American Crystal's net proceeds for its 2012 fiscal year were $548.3 million, compared to a record-high $804.8 million for 2011, according to its annual report released Wednesday.
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