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Sugar Beets-Loans

Sugar Beets-Loans

Wyoming company seeks loans for sugar beet growers


The Associated Press - March 27, 2017

WORLAND, Wyo. - A Wyoming company is requesting almost $5.7 million in loans for farmers who grow sugar beets after heavy rains and frost hurt last year's harvest.

The Northern Wyoming Daily News reports  that a special call-in meeting of the Wyoming Business Council is scheduled for Thursday to consider the request from the Wyoming Sugar Company.

The company says the loans would help growers who saw beet prices drop last year due to weather-related problems. Wyoming Sugar is owned by 38 growers representing about 60 families in northern Wyoming.

If the proposal is approved by the business council's board of directors, growers would need to submit loan applications by May 15.



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