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 (Date of earliest event reported): March 27, 2008
MINN-DAK FARMERS COOPERATIVE
(Exact name of Registrant as specified in its charter)
North Dakota | 33-94644 | 23-7222188 |
(State or other jurisdiction | (Commission File Number) | (I.R.S. Employer |
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7525 Red River Road |
| 58075 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: (701) 642-8411
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-2 under the Exchange Act (17 CFR 240.14a-2) |
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 8.01 | OTHER EVENTS. |
On March 25, 2008, the Company’s board of directors made the decision to change the estimated sugarbeet payment to its shareholder/growers.
The Company’s initial sugarbeet payment estimate totaling 13.30276 cents per pound of extractible and bonus sugar ($39.43 per ton of harvested sugarbeets), has been increased to 13.6654187 cents per pound of extractible and bonus sugar ($40.50 per ton of harvested sugarbeets). The actual beet payment for the 2007 crop may differ from the current estimate in order to reflect final Company operations and selling prices for the Company’s products during fiscal year 2008. The final sugarbeet payment will be determined and paid in October of 2008.
SIGNATURE
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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| MINN-DAK FARMERS COOPERATIVE | ||
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| March 27, 2008 |
| By: |
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| David H. Roche |