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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  -------------
                                   FORM 10-Q/A
                                  -------------


[X]  Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934

FOR THE PERIOD ENDED NOVEMBER 30, 1996

COMMISSION FILE NUMBER:  33-83868



                         AMERICAN CRYSTAL SUGAR COMPANY
             (Exact name of registrant as specified in its charter)


              MINNESOTA                                       84-0004720
     (State or other jurisdiction of                        (I.R.S. Employer
     incorporation or organization)                         Identification No.)

                             101 NORTH THIRD STREET
                           MOORHEAD, MINNESOTA  56560
                    (Address of principal executive offices)

                         TELEPHONE NUMBER (218) 236-4400
              (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements
for the past 90 days.

          YES     X                          NO
               ------                             ------

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

                                                  OUTSTANDING AT
     CLASS OF COMMON STOCK                        JANUARY 3, 1997
     ---------------------                        ---------------
         $10 PAR VALUE                                 2,446


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                         AMERICAN CRYSTAL SUGAR COMPANY

                                    FORM 10-Q

                                      INDEX



                                                                 PAGE NO.

PART I    FINANCIAL INFORMATION


       ITEM 1. FINANCIAL STATEMENTS


          BALANCE SHEETS                                         1


          STATEMENTS OF OPERATIONS                               3


          STATEMENT OF CASH FLOWS                                4


          NOTES TO THE FINANCIAL STATEMENTS                      5


       ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS
            OF RESULTS OF OPERATIONS AND
            FINANCIAL CONDITION                                  7




PART II   OTHER INFORMATION                                      9



SIGNATURES                                                       10

<PAGE>

                          Statements of Operations
                                 (Unaudited)
                           (Dollars in Thousands)
<TABLE>
<CAPTION>

                                             Three Months Ended     
                                                 November 30        
                                         ---------------------------
                                            1996             1995   
                                         ----------       ----------
<S>                                     <C>              <C>        
Net Revenue                             $  150,018       $  159,189 
Cost of Product Sold                       (28,529)          (8,115)
                                         ----------       ----------
Gross Proceeds                             178,547          167,304 
Selling, General & Administrative
 Expenses                                   30,836           35,747 
Accrued Continuing Costs (Note 3)           25,743            5,477 
                                         ----------       ----------

Operating Proceeds                         121,968          126,080 
                                         ----------       ----------

Other Income (Expenses)
 Interest Income                               697              139 
 Interest Expense                           (2,910)          (2,418)
 Other Income                                  326              697 
 Other Expenses                               (347)              (7)

                                         ----------       ----------
Other Income (Expense)                      (2,234)          (1,589)
                                         ----------       ----------

Proceeds before Income Taxes               119,734          124,491 
Income Taxes Provision/(Benefit)                 0                0 
Net Proceeds Before Cummulative
                                         ----------       ----------
 Effect of Changes in Accounting
 Principle                                 119,734          124,491 
Cummulative Effect of Changes in
 Accounting Principle                            -                0 
                                         ----------       ----------
Net Proceeds Resulting from
 Member and Non-Member Business         $  119,734       $  124,491 
                                         ----------       ----------
                                         ----------       ----------

Distribution of Net Proceeds:
 Credited/(Charged) to Member's
   Investments:
  Member Tax Accounting
   Adjustment, Net                      $        0       $        0 
  Non-Member Business Income/(Loss)           (708)            (508)
  Unit Retains Declared to Members               -                - 
                                         ----------       ----------
Net Credit/(Charge) to Members'
 Investments                                  (708)            (508)
Payments to/due Members for
 Sugarbeets, Net of Unit Retains
 Declared                                  120,442          124,999 
                                         ----------       ----------
Total                                   $  119,734       $  124,491 
                                         ----------       ----------
                                         ----------       ----------
</TABLE>

The Accompanying Notes are an Integral Part of These Financial Statements.


                                        3


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                                   SIGNATURES


PURSUANT TO THE REQUIREMENT 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.







                                        AMERICAN CRYSTAL SUGAR COMPANY
                                        ------------------------------
                                        (REGISTRANT)




DATE:     FEBRUARY 7, 1997               /s/ SAMUEL S. M. WAI
     ------------------------           ------------------------------
                                        SAMUEL S. M. WAI
                                        CORPORATE CONTROLLER
                                        DULY AUTHORIZED OFFICER


                                       10