(Reuters) – Kargil on Tuesday said it plans to build a new soybean processing plant in Mississippi’s Bemiskot County to meet domestic and global demand for oilseeds driven by the food, fodder and fuel markets.
According to the company, the facility will have a production capacity of 62 million bushels of soybeans per year. The launch of the project is expected next year and operation is expected to begin in 2026.
“The new facility at Cargill, located on the Mississippi River, will enable farmers to take advantage of the growing domestic demand without having to rely solely on year-round operations and seasonal exports,” said Cargill Agricultural’s Regional Chairperson. North America, Tim Copege.
He pointed out that this unit would be accessed by river and rail.
Missouri is currently the sixth largest producer of soybeans in the United States and Kargil has been in the region since 1936.
(Text by Nairo Ficurido in Sவோo Paulo)
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