Baking

Cargill to build soybean processing plant in Missouri

MINNEAPOLIS — Cargill will build a new soybean processing plant in Pemiscot County, Mo., with an annual production capacity of 62 million soybean buses to support growing domestic and global oilseed demand driven by food, feed and fuel markets, the company said. May 17.

Cargill plans to launch the project early next year and expects to be operational in 2026. The new facility in southeastern Missouri, south of St. Louis near Hayti and Caruthersville, will add approximately 45 positions to full time in the region once completed. Cargill did not disclose the cost of the project.

“Cargill’s new facility, with its location 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,” said Tim. Coppage, regional sales manager for Cargill Agricultural Supply Chain North. America. “Access to both river and rail will provide more flexibility and market access for farmers.”

The new site expands Cargill’s efforts to modernize and increase the capacity of its North American oilseed network. In 2021, Cargill announced a series of projects across North America, including major upgrades to its soybean grinding plant in Sidney, Ohio, and construction of a new $350 million canola processing plant. dollars in Regina, Saskatchewan.

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

“Missouri Soybeans is very pleased with the new construction of a soybean grinding facility in Pemiscot County and the direct impact it will bring to our southeast Missouri farmers,” said Gary Wheeler, Director general and executive director of Missouri Soybeans. “Born and raised in the Bootheel (Missouri area), I know firsthand that this is a great opportunity for our soybean farmers and our local community.”

Cargill has been in Missouri since 1936 and currently operates at 11 locations in the state and employs nearly 1,200 people.