Cargill to build new soybean processing facility in Southeast Missouri to support growing domestic and global demand for oilseeds

USA— Cargill has unveiled plans to build a new soybean processing facility in Missouri, USA to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets.

Cargill anticipates breaking ground on the project early next year with plans to be operational in 2026 with an annual production capacity of 62 million bushels of soybeans.

ADVERT

The new facility, with its location on the Mississippi river, will operate year-round and provide farmers opportunity to take advantage of increased domestic demand versus relying solely on seasonal exports, said the company.

Having access to both river and rail will provide growers of the crop more flexibility and market access, according to Tim Coppage, regional commercial lead, Cargill Agricultural Supply Chain, North America.

The new location expands Cargill’s efforts to modernize and increase capacity across its North American oilseeds network. In 2021, Cargill announced a series of projects across North America, including significant improvements to its soybean crush facility in Ohio, and construction of a new $350 million canola processing facility in Canada.

Missouri Soybeans said it has been working collaboratively with several partners for more than two years to realize the goal of a new soybean processing facility and create a needed market for soybeans.

ADVERT

“Missouri Soybeans is very pleased with the new build of a soybean crush facility in Pemiscot County and the direct impact it will bring to our farmers in Southeast Missouri,” said Gary Wheeler, chief executive officer and executive director of Missouri Soybeans.

“Born and raised in the Bootheel (region of Missouri), I know first-hand this is a great opportunity for our soybean farmers and local community.”

Cargill currently operates across 11 locations in Missouri and employs nearly 1,200 people. When completed the new facility will add approximately 45 new jobs to the region.

Additionally, the crushing plant will expand the agricultural sector in Missouri, which currently contributes US$94 billion to the state making it its leading industry, noted Missouri Lieutenant Governor, Mike Kehoe.

Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. SUBSCRIBE HERE.

ADVERT

 

More News Articles

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.