Worland, WY (AP) – The Wyoming Sugar Company is requesting nearly $5.7 million in loans for farmers who grow sugar beets after heavy rains and frost caused damage to last year’s harvest. The company says the loans would help the growers who saw beet prices drop last year due to the damage.
A special call-in meeting of the Wyoming Business Council is scheduled for Thursday to consider the request.
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.