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Cargill to boost U.S. soy crush capacity, plant efficiency as food, biofuel demand rises


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March 4 (Reuters) - U.S. agricultural commodities trader Cargill Inc is expanding soybean processing capacity at two large Midwest crush plants and increasing efficiency at five other U.S. facilities to meet growing demand for food and fuel, the company said on Thursday.
Cargill’s $475 million investment in seven states comes as U.S. processors are already crushing soybeans at a record pace amid soaring demand for livestock feed.
Soybean prices have scaled to the highest in more than six years as the record crush, and record exports, are projected to shrink U.S. stocks of the oilseed to a mere 9-1/2 day supply ahead of the next harvest. ....

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Cargill expanding soy processing operations to increase access, speed


Mar 08, 2021
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 another, to better meet growing demand for U.S. soy products.
With a focus on innovation, the investments not only strengthen Cargill s U.S. crush footprint, but also give customers quicker access to feedstocks. Improvements will include faster unloading of oilseeds and loading of products, increased capacity which provides additional market opportunities, and better overall logistics, safety and ease of doing business. ....

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Cargill to boost U.S. soy crush capacity, plant efficiency as food, biofuel demand rises

By Karl Plume March 4 (Reuters) - U.S. agricultural commodities trader Cargill Inc is expanding soybean processing capacity at two large Midwest crush plants and increasing efficiency at five other U.S. facilities to meet growing demand for food and fuel, the company said on Thursday. Cargill's $475 million investment in seven states comes as U.S. processors are already crushing soybeans at a record pace amid soaring demand for livestock feed. ....

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