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US: Iowa to see new soy crushing plant


Shell Rock Soy Processing (SRSP) LLC says it has raised the necessary capital to complete the construction of a high-volume, soybean crushing plant, creating new jobs and expanding market opportunities for producers across Iowa.
Funding partners include Mid-Iowa Cooperative and AGR Partners. 
The new crushing facility, which is costing US$270m to build, will be located at the Butler Logistics Park northwest of Shell Rock. It will crush 110,000 bushels daily, once it is operational in late 2022. It will crush approximately 40 million bushels of soybeans a year, producing more than 900,000 tons of soybean meal and hulls for livestock feed per year, giving growers an additional processing option for their crops. ....

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Ceres Global adds to canola crush projects in Canada


Agribusiness, Ceres Global, today announced to build a US$350m integrated canola processing facility in Saskatchewan, Canada, to help meet the current and growing global demand for canola products.
The facility will have capacity to process 1.1 million metric tons of canola and refine over 500K metric tons of canola oil annually.
Robert Day, CEO, Ceres, said the crushing facility would help meet the
“unprecedented demand for oilseed crush”​ currently in North America.
With its direct connection to the BNSF freight railroad, Ceres can offer Saskatchewan growers access to a variety of markets in the US, he said:
“While there are multiple drivers contributing to this demand, the most important is the movement towards green energy and the need for vegetable oil as feedstock for the production of renewable diesel. We have been analyzing canola crush at Northgate for several years as its location along the Canada-US border is ide ....

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