Beet Farmers’ January Payment Delayed
Written by Andrew-Rossi on January 26, 2018
Beet farmers awaiting their January payment for this season’s harvest will have to wait a little longer.
Officials at Western Sugar Cooperative told the Lovell Chronicle that although farmers would normally have received that payment on January 5th, the co-op board of directors made a business decision to delay the payment.
Ric Rodriguez, vice president of the Western Sugar Cooperative’s board of directors and a longtime grower in the area, emphasized to the newspaper that the company is financially sound and is not going out of business. However, he said that some of the payments weren’t made last year for the 2016 crop, pointing out that market prices play a role in when the payments are scheduled.
Rodriguez said that the campaign in Lovell is behind schedule at the moment, due to some mechanical problems, but is expected to be completed somewhere close to the normal time.
