high quality soy bean pressing plant in america

   
high quality soy bean pressing plant in america
                                               
                                               
                                               
                                               
  • high quality soy bean pressing plant in america
Where is the largest soybean processing plant in South Dakota?

(Joshua Haiar/South Dakota Searchlight) MITCHELL ¡ª Construction of the largest soybean processing facility in South Dakota began Tuesday with a groundbreaking ceremony. The High Plains Processing plant, 2 miles south of Mitchell, is a project of South Dakota Soybean Processors, which already operates two processing plants in Volga and Miller.

How will the soybean processing industry change over the next year?

By Scott Gerlt, American Soybean Association economist. The soybean processing industry intends to significantly grow over the next few years. This change will open up more domestic opportunities for soybean consumption. Soybeans are almost never used whole but are instead ¡°crushed¡± to produce soybean meal and soybean oil.

Why is soybean production increasing in the northern plains?

In general, the newly announced crushing plants are more west and north than previous plants. Soybean production has been expanding in this direction. The Northern Plains were more export-dependent, as crush capacity and animal ag did not exist locally to utilize soybeans in those locations.

How much does a new soybean processing plant cost?

The company said the new processing plant will cost about $500 million to build, will employ an estimated 85 full-time employees, and be capable of processing 35 million bushels of soybeans annually when it begins operation in 2025. Eschenbaum forecasts new demand for soybeans will raise the price ¡°10 to 20 cents per bushel.¡±