ND state mill profits down, but still healthy
The profits at North Dakota's state-owned flour mill were down during the last three months, but they're still healthy.
BISMARCK, N.D. (AP) — The profits at North Dakota's state-owned flour mill were down during the last three months, but they're still healthy.
During its last budget year, the mill made record profits of $16 million.
Mill manager Vance Taylor reports that the mill has made $4.9 million in the first six months of its current year. During October, November and December only, it made a profit of $2.2 million.
Taylor says flour demand is strong, and the quality of the wheat supply from North Dakota farmers is good. Taylor says quality was a concern because of last year's wet growing season.
Taylor says the mill has shipped 5.9 million hundredweight of flour during the first six months of its budget year. He says that's a new high for flour production during the period.
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