Basic 1968 beet purchase contract agreement

DENVER, Colo., Aug. 16 -- Beet growers in Nebraska, Wyoming and Mocitana have agreed with The Great Western Sugar Com-pany on the same basic 1968 beet-purchase contract on which agreement with Colorado-Kansas growers was announced earlier today.

The contract includes the "New York raw-price principle" growers have been seeking for two years and continues the sliding-scale procedure by which company payment to the grower is based on sugar content of beets and net returns to the company for sugar sold.

Grower and company spokesmen expressed confidence that if recent sugar price levels continue into 1968 and 1969, the new contract will pay growers the highest ton prices in the history of the area.

Returns as high as $17. 75 per ton from combined company and Sugar Act payments are a reasonable expectation for 1968 beets of

average sugar content, according to grower and company spokesmen, including:

Roy Johnson, Eaton, Colo. , president of The Mountain States Beet Growers Marketing Association of Colorado and Kansas.

Kenneth Carpenter of Lyman, Nebr., president of the Nebraska Non-stock Cooperative Beet Growers Association.

Ishmael Yo st of Billings, Mont, , president of The Mountain States Beet Growers Marketing Association of Montana.

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-Howard Hart of Powell, Wyo. , president of The Big Horn Basin Beet Growers Association,

Robert J, Fisher, vice president of Great Western.

Fisher said basic contract agreement for the five-state area, concluded in August, is the earliest on record,

Negotiations began last April with Richard W. Blake of Greeley as principal grower spokesman. Blake is secretary of The Mountain States Beet Growers Marketing Association of Colorado and Kansas,

Joint release of The Mountain States Beet Growers Marketing Association of Colorado and Kansas, Richard W. Blake, secretary, Greeley (Tel. 352-6875), and The Great Western Sugar Company, Robert J. Fisher, vice president, Denver (Tel. 534-2182)

Not to be released until Aug. 16 at 2:00 p.m.

BEET GROWERS AND GREAT WESTERN AGREE ON TERMS OF 1968 CONTRACT

Greeley, Colo., Aug. 16 Agreement on the basic terms of the 1968 beet purchase contract between Colorado and Kansas growers and The Great Western Sugar Company was jointly announced today.

The contract includes the "New York raw-price principle," long urged by growers, and they joined Company spokesmen in forecasting highest beet returns to growers in the history of the Rocky Mountain area.

Roy "Ole" Johnson, of Eaton, president of The Mountain States Beet Growers Marketing Association of Colorado and Kansas, called the agreement "far-reaching and the best contract ever negotiated in the United States from the growers' viewpoint."

Robert J. Fisher, Great Western vice president, said: "If recent sugar market trends continue into 1968 and 1969, the new contract will pay growers for beets of average sugar content the highest returns per ton ever realized."

Fisher explained that over the past seven years the average ton of beets in the entire Company area, covering the states of Colorado, Montana, Wyoming, Kansas, and Nebraska, contained about 335 pounds of sugar at the time of delivery.

That beets of such content "can very easily return

$1. 50 to

$1. 75

per ton higher than 1966 beets," the latest crop on which pa;yment is nearing completion, was voiced by grower and Company spokesmen.

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-Johnson said market trends warranted expectation Company-wide of returns of "about $17,75 per ton of 1968 average content beets, including Sugar Act payments, compared with about $16.00 for 1966 and possibly $17,00 for 1967."

The 1968 contract contains for the first time a provision sought by growers over the past two years to guarantee that the beet sugar net selling price, to be used for Company settlement with the growers, will not be less than a specified margin over the price of raw cane sugar at New York. The contract also provides that such beet sugar settlement price will not exceed a specified margin over the raw price.

Johnson and Fisher said that when and how this innovation will work will be spelled out precisely in the contract and expressed the opinion that it may set a nationwide pattern for beet contracts.

Johnson said this August agreement was the earliest on record for this area and will enable grower associations and the Company to work together in obtaining the optimum level of acreage to be planted next spring,

"Of far-reaching significance to beet growers and Great Western," Johnson said, is an "agreement reached to establish a joint grower/Company research committee to seek greater sugar production per acre at a lower cost to the grower." Fisher said that "new chemicals, new techniques, and new machines offer a real opportunity to all of us" and that "the good job we have done in these areas and in seed improvement will continue and with better understanding through the joint committee."

Kish Otsuka, of Sedgewick, Colorado, a director of the Association, will head the research committee membership for the Mountain States growers

organization. Great Western's team will be headed by Phillip B. Smith, internationally recognized sugarbeet scientist and Company director of

3

-agricultural development.

Today's announcement of the basic contract settlement came after a series of negotiations which began in April.

Principal spokesman for the growers at most of the contract sessions was Richard W. Blake, of Greeley, secretary of The Mountain States Beet Growers Marketing Association of Colorado and Kansas.

Grower leaders, in addition to Johnson and Blake, who negotiated the contract with Fisher and Fred G. Holmes, Great Western vice president, agricul-tural administration, were Howard Hart, Powell, Wyoming; Ishmael Yost, Billings, Montana; and Kenneth Carpenter, Lyman, Nebraska.

Grower and Company spokesmen said that a few items have yet to be worked out, but that these do not affect the basic contract agreement.

Joint release of The Big Horn Basin Beet Growers Association, Howard Hart, president (Tel. 754-3222), and The Great Western Sugar Company, Robert J. Fisher, vice president, Denver (Tel. 534-2182)

Not to be released until Aug.

16

at 2:00 p.m.

BEET GROWERS AND GREAT WESTERN AGREE ON TERMS OF

1968

CONTRACT

Lovell, Wyo., Aug.

16

Agreement on the basic terms of the

1968

beet purchase contract between northern Wyoming growers and The Great Western Sugar Company was jointly announced today.

The contract includes the "New York raw-price principle," long urged by growers, and they joined Company spokesmen in forecasting highest beet

returns to growers in the history of the Rocky Mountain area.

Howard Hart, of Powell, president of The Big Horn Basin Beet Growers Association, called the agreement "far-reaching and the best contract ever negotiated in the United States from the growers' viewpoint."

Robert J. Fisher, Great Western vice president, said: "If recent sugar market trends continue into

1968

and

1969,

the new contract will pay growers for beets of average sugar content the highest returns per ton ever realized."

Fisher explained that over the past seven years the average ton of beets in the entire Company area, covering the states of Wyoming, Montana,

Colorado, Kansas, and Nebraska, contained about 335 pounds of sugar at the time of delivery.

That beets of such content "can very easily return

$1.

50 to

$1.

75 per ton higher than

1966

beets," the latest crop on which payment is nearing

2

-Ha.rt said market trends. warranted expectation Company-wide of returns of "about

$17,75

per ton of

1968

average content beets, including Sugar Act payments, compared with about

$16.

00 for

1966

and possibly

$17

.00 for

1967."

The

1968

contract contains for the first time a provision sought by growers over the past two years to guarantee that the beet sugar net selling price, to be used for Company settlement with the growers, will not be less than a specified margin over the price of raw cane sugar at New York. The contract also provides that such beet sugar settlement price will not exceed a specified margin over the raw price.

Hart and Fisher said that when and how this innovation will work will be spelled out precisely in the contract and expressed the opinion that

it may set a nationwide pattern for beet contracts.

Hart said that the new contract has an attractive feature for the Lovell area which will pay growers on the sole basis of the sugar content of their own beets. Until

1963,

growers received a uniform price for their beets. From

1963

through

1967,

there was a modified individual-test basis of settlement related to the sugar content of all of the beets of all growers sliced in the Lovell and Billings, Montana, factories. Beginning with

1968,

the Lovell and Billings payments will be on exactly the same individual content basis as pro-vided for years in the contracts for Colorado, Nebraska, and Kansas.

Hart said this August agreement was the earliest on record for this area and will enable grower associations and the Company to work together in obtaining the optimum level of acreage to be planted next spring.

''Of far-reaching significance to beet growers and Great Western," Hart said, is an "agreement reached to establish a joint grower /Company research committee to seek greater sugar production per acre at a lower cost to the

3

-offer a real opportunity to all of us" and that "the good job we have done in

I

these are~s and in seed improvement will continue and with better understanding through the joint committee."

Paul Rodriguez, of Powell, Wyoming, a director of the Association, will head the research committee membership for the Big Horn Basin growers organization. Great Western's team will be headed by Phillip B. Smith, inter-nationally recognized sugarbeet scientist and Company director of agricultural development.

Today's announcement of the basic contract settlement came after a . $.eries of negotiations which began in April.

Principal spokesman for the growers at most of the contract sessions was Richard W. Blake, of Greeley, secretary of The Mountain States Beet Growers Marketing Association of Colorado.

Grower leaders, in addition to Hart and Blake, who negotiated the contract with Fisher and Fred G. Holmes, Great Western vice president, agri-cultural administration, were Babe Yost, Billings, Montana; Roy Johnson, Eaton, Colorado; and Kenneth Carpenter, Lyman, Nebraska.

Grower and Company spokesmen said that a few items have yet to be worked out, but that these do not affect the basic contract agreement.

Joint release of The Nebraska Non-Stock Cooperative Beet Growers Association, Kenneth Carpenter,

vice president (Tel. ), and The Great

Western Sugar Company , Robert J. Fisher, vice president , Denver (Tel. 534-2182)

Not to be released until Aug. 16 at 2:00 p.m.

BEET GROWERS AND GREAT WESTERN AGREE ON TERMS OF 1968 CONTRACT

Scottsbluff, Neb., Aug. 16 Agreement on the basic terms of the 1968 beet purchase contract between Nebraska growers and The Great Western Sugar Company was jointly announced today.

The contract includes the "New York raw-price principle," long urged by growers, and they joined Company spokesmen in forecasting highest beet returns to growers in the history of the Rocky Mountain area.

Kenneth Carpenter, of Lyman, vice president of The Nebraska Non-Stock Cooperative Beet Growers Association, called the agreement "far-reaching and the best contract ever negotiated in the United States from the growers' viewpoint."

Robert J. Fisher, Great Western vice president, said: "If recent sugar market trends continue into 1968 and 1969, the new contract will pey growers for beets of average sugar content the highest returns per ton ever realized."

Fisher explained that over the past seven years the average ton of beets in the entire Company area, covering the states of Nebraska, Montana, Wyoming, Colorado, and Kansas, contained about 335 pounds of sugar at the time of delivery.

That beets of such content "can very easily return $1.50 to $1.75 per ton higher than 1966 beets," the latest crop on which peyment is nearing completion, was voiced by grower and Company spokesmen.

- 2

-Carpenter said market trends warranted expectation Company-wide of returns of "about $17,75 per ton of 1968 average content beets, including Sugar Act peyments, compared with about $16. 00 for 1966 and possibly $17. 00 for 1967."

The 1968 contract contains for the first time a provision sought by growers over the past two years to guarantee that the beet sugar net selling price, to be used for Company settlement with the growers, will not be less than a specified margin over the price of raw cane sugar at New York. The contract also provides that such beet sugar settlement price will not exceed a specified margin over the raw price.

Carpenter and Fisher said that when and how this innovation will work will be spelled out precisely in the contract and expressed the opinion that it mey set a nationwide pattern for beet contracts.

Carpenter said this August agreement was the earliest on record for this area and will enable grower associations and the Company to work together in obtaining the optimum level of acreage to be planted next spring.

"Of far-reaching significance to beet growers and Great Western," Carpenter said, is an "agreement reached to establish a joint grower/Company research committee to seek greater sugar production per acre at a lower cost to the grower." Fisher said that "new chemicals, new techniques, and new machines offer a real opportunity to all of us" and that "the good job we have done in these areas and in seed improvement will continue and with better understanding through the joint committee.

Lou Towater, president of the Association, will head the research committee membership for the Nebraska growers organization. Great Western's team will be headed by Phillip B. Smith, internationally recognized sugarbeet scientist and Company director of agricultural development.

3

-Todey's announcement of the basic contract settlement came after a

series of negotiations which began in April.

Principal spokesman for the growers at most of the contract sessions

was Richard W. Blake, of Greeley, secretary of The Mountain States Beet Growers

Marketing Association of Colorado.

Grower leaders, in addition to Carpenter and Blake, who negotiated

the contract with Fisher and Fred G. Holmes, Great Western vice president,

agricultural administration, were Howard Hart, Powell, Wyoming; Roy Johnson,

Eaton, Colorado; and Babe Yost, Billings, Montana.

Grower and Company spokesmen said that a few items have yet to be

Joint release of The Mountain States Beet Growers

Marketing Association of Montana, Babe Yost,

president (Tel. ), and The Great

Western Sugar Company, Robert J. Fisher,

vice president, Denver (Tel. 534-2182)

/161

Not to be released until Aug.

16

at 2:00 p.m.

BEET GROWERS AND GREAT WESTERN

AGREE ON TERMS OF

1968

CONTRACT

Billings, Mont., Aug.

16

Agreement on the basic terms of the

1968

beet purchase contract between Montana growers and The Great Western

Sugar Company was jointly announced today.

The contract includes the "New York raw-price principle," long

urged by growers, and they joined Company spokesmen in forecasting highest

beet returns to growers in the history of the Rocky Mountain area.

Ishmael "Babe" Yost, of Billings, president of The Mountain States

Beet Growers Marketing Association of Montana, called the agreement "far-reaching and the best contract ever negotiated in the United States from the growers' viewpoint."

Robert J. Fisher, Great Western vice president, said: "If recent

sugar market trends continue into

1968

and

1969,

the new contract will P8v'

growers for beets of average sugar content the highest returns per ton ever realized."

Fisher explained that over the past seven years the average ton of

beets in the entire Company area, covering the states of Montana, Wyoming,

Colorado, Kansas, and Nebraska, contained about 335 pounds of sugar at the time of delivery.

That beets of such content "can very easily return

$1.

50 to

$1. 75

per ton higher than

1966

beets", the latest crop on which payment is nearing

I

- 2

-Yost said market trends war~anted expectation Company-wide of returns

of "about

$17,75

per ton of

1968

average content beets, including Sugar Act

payments, compared with about

$16.

00 for

1966

and possibly

$17.

00 f'or

1967."

The

1968

contract contains for the first time a provision sought by growers over the past two years to guarantee that the beet sugar net selling price, to be used for Company settlement with the growers, will not be less

than a Sp"cified margin over the price of raw cane sugar at New York. The

contract also provides that such beet sugar settlement price will not exceed a specified margin over the raw price.

Yost and Fisher said that when and how this innovation will work will be spelled out precisely in the contract and expressed the opinion that

it may set a nationwide pattern for beet contracts.

Yost said that the new contract has an attractive feature for the Billings area which will pay growers on the sole basis of the sugar content

of their own beets. Until

1963,

growers received a uniform price for their

beets. From

1963

through

1967,

there was a modif'ied individual-test basis of

settlement related to the sugar content of all of the beets of all growers

sliced in the Billings and Lovell, Wyoming, factories. Beginning with

1968,

the Billings and Lovell payments will be on exactly the same individual con-tent basis as provided for years in the contracts for Colorado, Nebraska, and Kansas.

Yost said this August agreement was the earliest on·record for this

area and will enable grower associations and the Company to work together in

obtaining the optimum level of acreage to be planted next spring.

"Of far-reaching significance to beet growers and Great Western," Yost said, is an "agreement reached to establish a joint grower/Company research committee to seek greater sugar production per acre·at a lower

- 3

-and new machines offer a real opportunity to all of us" and that "the good job

we have done in these areas and in seed improvement will continue and with

better understanding through the joint committee."

Joe Alles of Billings, vice president of the Association, will head

the research committee membership for the Mountain States growers organization.

Great Western's team will be headed by Phillip B. Smith, internationally

recog-nized sugarbeet scientist and Company director of agricultural development.

Today's announcement of the basic contract settlement came after a

series of negotiations which began in April.

Principal spokesman for the growers at most of the contract sessions

was Richard W. Blake, of Greeley, secretary of The Mountain States Beet Growers

Marketing Association of Colorado.

Grower leaders, in addition to Yost and Blake, who negotiated the

contract with Fisher and Fred G. Holmes, Great Western vice president,

agri-cultural administration, were Howard Hart, Powell, Wyoming; Roy Johnson, Eaton,

Colorado; and Kenneth Carpenter, Lyman, Nebraska.

Grower and Company spokesmen said that a few i terns have yet to be