OCR Text |
Show OF INTEREST TO BEET fl GROWERS W The highest price on record la bo- l Ing paid for western sngnr beets this ifl year. In such states as Colorado,. H Utah, Idaho nnd Washlntgon con- H tracts are being written with tho I J t fnrmors for $12 per ton minimum, Iffl with a dollar extra per ton for every Sj Increase In the average price of gran- IJI ulated sugar over $11 per hundred 9 seaboard base. WM New York quotations show price flfl for Cuban raw sugar ranging from H 9 1-2 cents per pound on February H 21, to 14 cents on April 1 and on up. to 18 1-2 cents on April 13. Re- J fined sugar, on which tho beet prices 19 are based ordinarily sells at seaboard M for about 2 1-2 cents per pound mom yi than raw sugar, tho present, prlco ot jflj lBcenta having been based on row HI sugar last year at about 13 1-2 cent flfl per pound. It the recent quotatlpn Bfl of 18 1-2 cents raw shoutd prevail II as the averago for October, Wovem- 9M ber and Decomber, 1920, and Janu- ary, 1921, It would moan refined su- v gar at $31 per hundred or $22 per t ton tor sugar beets. ,' Present prices are extremely high j but they Indicate, that prices of su- r. gar next year promise to bo far abovo , i prices this year, with extraordinary 1 : profit to the beet growers. f 1' |