June 1, 2006

Cargill to build new soy processing plant in mid-western US

Cargill plans to build a new soybean processing facility in Kansas City that is expected to be completed by the first quarter of 2008.

Construction on the new facility, which will replace the company's current Kansas City soybean processing plant, is expected to begin this summer, pending permit approvals, Cargill said Tuesday (May 30) in a press release.

When completed, the new processing facility will increase soybean processing capacity to 165,000 bushels per day from 95,000 bushels per day, the release said.

"This is a strategic investment that reflects Cargill's ongoing commitment to Missouri's agriculture industry," said Wayne Teddy, president of Cargill's Grain and Oilseeds Supply Chain-North America, a unit of Cargill Inc, in the release. "We are replacing an average-sized but ageing unit with a world-class soybean processing facility."

Cargill operates 17 oilseed processing facilities in North America.