UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: July 9, 2013
AMERICAN CRYSTAL SUGAR COMPANY
(Exact name of registrant as specified in its charter)
Minnesota |
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33-83868; 333-11693; and |
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84-0004720 |
(State or other jurisdiction of |
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(Commission) |
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(I.R.S. Employer |
101 NORTH THIRD STREET |
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MOORHEAD, MN 56560 |
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(218) 236-4400 |
(Address of principal executive |
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(Registrants telephone number) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure
American Crystal Sugar Company (Company) held meetings on July 9, 10, and 11, 2013 with its shareholders.
The Company announced at these meetings that the forecasted average gross beet payment for the 2012 crop of sugarbeets is currently trending favorably to the projection announced in March 2013 primarily due to better than expected sugarbeet storage conditions resulting in increased sugar recovery. The actual gross beet payment for the 2012 crop will necessarily differ from the current estimate to reflect final Company operations and selling prices for the Companys products during the remainder of fiscal year 2013.
This report contains forward-looking statements and information based upon assumptions by the Companys management. These forward-looking statements can be identified by the use of forward-looking terminology such as expects, believes, will or similar verbs or expressions. If any of managements assumptions prove incorrect or should unanticipated circumstances arise, the Companys actual results could materially differ from those anticipated by such forward-looking statements. The differences could be caused by a number of factors or combination of factors, including, but not limited to, those factors influencing the Company and its business which are described in Risk Factors section contained in the Companys Annual Report on Form 10-K for fiscal year 2012. Readers are urged to consider these factors when evaluating any forward-looking statement. The Company undertakes no obligation to update any forward-looking statements in this report to reflect future events or developments.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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AMERICAN CRYSTAL SUGAR COMPANY | |
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Dated: |
July 10, 2013 |
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/s/ Teresa Warne | |
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By: |
Teresa Warne | |
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Its: |
Chief Accounting Officer |