OCR Text |
Show beet processors under the Sugar Act of 1948 of $2.32 a ton. Prospects for the future of the beet sugar industry continue bright according to Mr. Sanders, with 1953 yields expected to be higher than those of last year. More than 85 percent of this year's crop is being harvested mechanically this fall, and labor is plentiful. Grow ers generally report that they e pect to plant more sugar beet. 1954 than this year. m The initial payment for beet, grown in 1953 will be mailed November No-vember 20 for all beets delivered up to November 5, according to terms of the contract Mr. Sanders reports. Beet Growers to Get Final Check For 1952 Crop Sugar beet growers of South Utah factory district will receive in the next few days $42,236 as a final payment for beets grown in 1952, according to H. J. Sanders, district manager of Utah-Idaho Sugar Co. Checks will be mailed this week to 533 growers of this area. This . will bring total pay ments for the 1952 crop to $890,-643. $890,-643. Total payments for all beets grown for Utah-Idaho Sugar Company Com-pany and its wholly owned subsidiary, sub-sidiary, Gunnison Sugar, Inc., in 1952 in seven mountain states was $13,429,446.00. This year's settlement is made on the basis of a net return of $7.43 per hundred weight of refined re-fined sugar poprduced from 1952 beets compared with a net return for sugar from 1951 beets of $7.16 Mr. Sanders reported. Final payment this year was made at the rate of 67 cents per ton of beets compared with 67 cents per ton paid last year. Total I payments for 1952 beets were at the rate of $13.99 per ton of beets compared with approximately $13.-75 $13.-75 for 1951. This year's total included in-cluded direct Company payments of $11.67 per ton and payments made by the Government from funds collected from refiners and |