Cargill to set up new soy processing plant in US

Cargill to set up new soy processing plant in US

Tsingshu Wang / Reuters

The new Kargil unit will have an annual production capacity of 62 million bushels of soybeans

Kargil announced today (17) that it plans to build a new soybean processing In Pemiscott County, Missouri (USA), to meet growing domestic and global demand oilseeds Driven by the food, feed and fuel markets.

According to a company statement, the plant will have an annual production capacity of 62 million bushels of soybeans. The start of the project was estimated for next year and operation is expected to begin in 2026.

Read more: Van Gogh and coffee: the farm wants to be as good as the painter’s work

“Cargill’s new facility, located on the Mississippi River, will operate year-round and provide farmers with the opportunity to take advantage of increased domestic demand rather than relying solely on seasonal exports,” Cargill Agriculture’s regional business leader said in the statement. Supply Chain North America, Tim Kopez.

He informed that the unit will have access by both river and rail.

Missouri currently ranks sixth in the United States in soybean production and Cargill has been present in the region since 1936.

See also  Brazil ranks 21st in the world ranking of GDP variations

About the author: Sarah Gracie

"Proud social media buff. Unapologetic web scholar. Internet guru. Lifelong music junkie. Travel specialist."

Related Posts

Leave a Reply

Your email address will not be published.