Cargill has unveiled plans to build a new soybean processing facility in Pemiscot County, Mo., to support growing domestic and global demand for oilseeds driven by food, feed, and fuel markets. The company expects to break ground on the project early in 2023, which should be operational in 2026. The facility will have an annual production capacity of 62 million bushels of soybeans, and will add approximately 45 full-time positions when complete.
The new location expands Cargill’s efforts to modernize and increase capacity across its North American oilseeds network. Last year, Cargill announced a series of projects across North America, including significant improvements to its soybean crush facility in Sidney, Ohio, and construction of a new canola processing facility in Regina, Sask. Cargill currently operates across 11 locations in Missouri, employing approximately 1,200 people.
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“Cargill’s 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,” says Tim Coppage, regional commercial lead, Cargill agricultural supply chain North America. “Access to both river and rail will provide more flexibility and market access for farmers.”
“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,” adds Gary Wheeler, Missouri Soybeans CEO and executive director. “In an effort to increase opportunities for our growers, Missouri Soybeans has been working collaboratively with several partners for more than two years to achieve this lofty goal and create a needed market for their soybeans.”