Cargill upgrading soy processing operations to increase

Mar 04, 2021March 4, 2021 (Minneapolis) – Cargill is investing significantly in its U.S. soy processing operations, with modernization and expansion projects across its network of crush facilities in seven states. Once completed, the company estimates the $475 million in investments will improve operational efficiencies, while also increasing capacity—by 10% in one location and doubling capacity in

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2021 Soybeans

Jun 11, 2021Aug 31, 2021 to Sep 02, 2021. Peak export season for soybeans is long past, but that doesn't mean that bullish prospects are off the table for U.S. soybean growers. USDA expects 2021/22 soybean exports to shrink by 205 million bushels (9%) compared to last year to 2.08 billion bushels. Similar to , the size of the 2021 soybean crop is

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ADM to build soybean crush plant and refinery at

May 10, 2021ADM has announced plans to build North Dakota's first crush plant and refinery completely dedicated to soybeans. The US$350 million facility will be located west of Fargo, at Spiritwood — approximately 290 km (175 miles) from the Canada-U.S. border. It is slated to process 150 thousand bushels of soybeans per day starting in time for the 2023 harvest. This soybean

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Local News: 'A Farmer's Dream': New $350 million soy

Aug 30, 2021Platinum Crush, LLC is developing a $350 million soybean-crushing plant in Buena Vista County, near Alta. When operational in 2024, the facility will crush 38.5 million bushels of soybeans annually, or 110,000 bushels daily, with as many as 60 new jobs created.

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CBOT Soybean Crush

In the soybean industry, the term 'crush' refers both to a physical process as well as a value calculation. The physical crush is the process of converting soybeans into the by-products of soybean meal and soybean oil. The crush spread is a dollar value quoted as the difference between

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Continental Refining Co.'s $20M agritech investment will

Apr 29, 2021CRC's crushing facility will process nearly 4 million bushels of soybean per year (84,000 tons) while its biodiesel refining division will generate up to 5 million gallons per year as planned.

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Soybean outlook: Soybean markets sensitive to biofuel

Jun 30, 2021• Reduced soybean crush estimate by 15 million bushels. • No change to projected 2020 crop exports. • Carryover increased to 1.35 million bushels, equal to 2.9% of usage — up from 2.6%

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The March 2020 Soybean Crush Report is One for the Record

Apr 20, 2020US soybean crush needs 859.5 million bushels over the remainder of the marketing year or 172 million bushels each month to meet estimates. Monthly crushing has exceeded this value every month besides September, justifying the April USDA increase. The US crushed 851 million bushels between April and August a year ago.

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Epitome Energy Names EPC Contractor for New Soybean Crush

Aug 19, 2021Renewable energy and value-added soybean products firm Epitome Energy announced that Fagen Inc. was selected as the Engineering, Procurement, and Construction (EPC) contractor for its planned 42-million-bu soybean crush facility in Crookston, MN. The asset will be part of a new $300 million processing plant at the location. "This is a significant step forward for us and Fagen Inc. was

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ADM to Build New Soy Crushing Facility to Meet Rising Food

May 10, 2021The $350 million crush and refining complex, based in Spiritwood, North Dakota, will have the capacity to process 150,000 bushels of soybeans per

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ADM to build $350m soybean crushing plant in North Dakota

May 11, 2021ADM has announced that it will invest approximately $350 million to build a new soybean crushing plant in North Dakota, US, to cater to increasing demand from the food, feed and biofuel industries

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Soybean Crushing Plant

Sell your soybeans: Jordan Mills crushes approximately 5 million bushels of soybeans annually providing a stable marketing option for Manitoba and Saskatchewan soybean growers. To discuss contracting and delivery options please contact our soybean buyers at 204-343-2323. Soybean Meal and Oil Contracts:

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Soybean Farmers Hopeful $461 Million Buried at Bottom of

Jun 30, 2021Dredging the lower Mississippi from 45' to 50' could generate an extra $461 million annually for the U.S. soybean industry—independent of supply and demand. Almost half a

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ND Senators Respond to North Dakota's First

May 10, 2021FARGO, N.D. (Ag News 890) – Senator John Hoeven, ranking member of the Senate Agriculture Appropriations Committee and a member of the Senate Agriculture Committee, today joined ADM in announcing a $350 million soybean crushing

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Energy in Soybean Crushing and Transesterification

Apr 03, 2019The model measures the electrical and thermal energy inputs required for a joint facility that combines a soybean processing plant with a biodiesel conversion plant producing 9.8 million gallons of biodiesel, 151,515 tons of soybean meal, 9,000 tons of soybean hulls, and 4,380 tons of

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New soybean processing plant planned for Iowa

Sep 01, 2021ALTA, IOWA — Newly-formed Platinum Crush, LLC is planning to invest $350 million to build a new soybean crushing plant in Buena Vista County near Alta, Iowa. The new facility is expected to be able to crush 38.5 million bus of soybeans per year, or about 110,000 bus per day.

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Chevron to invest $600 million in soybean processing

Sep 03, 2021Bunge would contribute its soybean processing facilities in Destrehan, Louisiana, and Cairo, Illinois, and Chevron would invest $600 million in cash. They would fund the approximate doubling of the combined capacity of the facilities from 7,000 tons/d by the end of 2024.

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History of Soybean Crushing: Soy Oil and Soybean Meal

During the 1970s Brazil emerged as a major soybean crusher, challenging the US lead. By 1982 Brazil was crushing 14 million tonnes of soybeans annually, almost half of America's 29.3 million. Other leading soybean crushing nations in 1982 were the 10 European Economic Community Nations (taken as a bloc; 11.2 million tonnes.

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ADM Plans $350M Soybean Plant in North Dakota

Aug 26, 2021A $350 million soybean crushing and refining plant is planned in Spiritwood, ND, which will have significant benefits to the state's agriculture industry and economy. ADM said the plant at the Spiritwood Energy Park Association industrial site will create about 70 permanent jobs and have the capacity to process up to 150,000 bushels of

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Mid

Oct 16, 2020Mid-Iowa said the new soybean crushing plant is expected to produce 847,000 tons of soybean meal per year (2,420 tons per day) for livestock feed markets, 462 million pounds of crude soybean oil per year (1.32 million pounds per day), and 77,000 tons of pelleted soybean hulls per year (220 tons per day).

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ADM to build $350 million soybean plant

— The Archer-Daniels-Midland Company has plans to build a $350 million soybean crushing plant and refinery in North Dakota. Gov. Doug Burgum joined ADM Monday in announcing plans for the state's

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US soybean oil stocks to remain tight as biodiesel use

Jul 26, 2021The National Oilseed Processors Association (NOPA) on Thursday July 15 said US soybean crushing volumes in June fell 6.8% on the month to their lowest level in two years to 152.41 million bushels. Soybean oil stocks among NOPA members dropped to the lowest level in eight months to 1.54 billion pounds, down 8% from May.

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The USDA April Soybean Crush Expected at 171 Million

May 28, 2021Soybean Crush Central Illinois - Est. Crush Margin Continues Higher Estimated crush margins reached multi-year highs as stronger soybean oil values and falling soybean prices more than compensated for a six percent drop in soybean meal price. This allowed the margin to continue its drive higher. In Central IL, soybean costs fell 4.5 percent, soybean oil prices increased 0.7 percent, and

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ADM announces plans for $350 million soybean processing

May 13, 2021ADM announces plans for $350 million soybean processing facility. CHICAGO — Archer Daniels Midland (ADM) on May 10 announced it will build North Dakota's first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.

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Epitome Energy Selects Fagen, Inc. as Engineering

Aug 16, 2021The $300 million processing plant will include a 42 million bushel soybean crush facility and may include a Refined, Bleached and Deodorized (RBD) oil refining operation as part of a phase II.

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Cargill expands soybean processing capacity

Mar 05, 2021Cargill expands soybean processing capacity. Cargill is expanding its soy processing operations. The company is investing $475 million to increase production in seven states including plants in Ohio, Iowa and Missouri. Cargill's Sidney, Ohio plant is expanding its soybean crush site to increase production levels.

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Chevron to invest in Bunge soybean crushers to secure

Sep 03, 2021Chevron to invest in Bunge soybean crushers to secure renewable feedstock. 1 like • 2 shares. Share. Flip. Like. stltoday - By Laura Sanicola Reuters • 3d. Oil major Chevron plans to invest $600 million in two soybean crushing facilities owned by Chesterfield-based agricultural commodities trader Bunge . Read more on stltoday.

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LMA Grows With New Soybean Crush Plant in China

Apr 01, 2021"The purchase of the Long Jiang Fu soybean crushing plant boosts LMA's capacity and bolsters its position in the soybean import market." WHY CHINA? China is one of the world's largest and most populous countries, with more than 1.4 billion mouths to feed.

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Planned Spiritwood soybean plant will send soybean oil to

Aug 20, 2021The site will be the home of the new ADM soybean crushing plant. of a portion of the Cargill Malt plant at Spiritwood with the repurposing of the remaining facility as a $350 million soybean

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Overview of U.S Crush Industry

94% of US soybean crush •Operate 64 processing plants in 20 states, including 58 that process soybeans •Crush 1.77 billion bushels, comprising over 45% of U.S. soybean

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Oilseed Processing

The Domestic Soybean Crop. Today, the U.S. soybean crop is grown on more than 83 million acres in 31 states. After harvest and throughout the year, are shipped directly from storage elevators by truck, rail, or barge to processing facilities that crush nearly 45% of the nation's soybean production, with the balance exported as whole or carried over to the next year.

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Publication

This report covers the Central Illinois soybean crush. Data presented include soybean and soybean product prices, yield, and value. Prices, yields, and values are given for the current week, the prior week, and the prior year.

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