NEWS FEED & ADDITIVE MAGAZINE June 2022 79 Cargill to build new soybean processing facility in Missouri Cargill has unveiled plans to build a new soybean processing facility located in Pemiscot County, Missouri near Hayti and Caruthersville to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets. The facility will be the first of its kind for Southeast Missouri with an annual production capacity of 62 million bushels of soybeans. Cargill anticipates breaking ground on the project early next year with plans to be operational in 2026. The new facility will add approximately 45 full-time positions to the region when complete. The new location expands Cargill's efforts to modernize and increase capacity across its North American oilseeds network. Last year, Cargill announced a series of projects across North America including significant improvements to its soybean crush facility in Sidney, Ohio and construction of a new canola processing facility in Regina, Sask. Cargill has had a presence in Missouri since 1936 and currently operates across 11 locations in the state and employees nearly 1,200 people. Cargill will build a new soybean processing facility in Missouri to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets. Green Plains Inc. announced a partnership with the Riverence Group to form a joint venture to expand aquafeed production in Idaho. The venture will produce trout and salmon feeds for the Riverence Group, utilizing wholesome, sustainable ingredients including the 60%+ fermented protein product recently announced after the success of the development trial at Green Plains Wood River. As part of the joint venture, Green Plains contributed capital and supplied key ingredient services, while the Riverence Group contributed existing assets and a feed offtake agreement to support its own production, helping to meet the rapidly growing consumer demand from aquaculture in North America. The joint venture is anticipated to become operational in 2023. Green Plains will use its biorefinery platform and innovation center network to continuously improve the sustainable ingredients it creates through fermentation, focusing on the removal of anti-nutritional elements and continuously improving the biological utilization of unique plant-based proteins and yeasts. “This partnership is yet another validation of our transformational path, creating a portfolio of innovative ingredients tailored to meet specific customer needs,” said Todd Becker, President and CEO of Green Plains. Green Plains Inc. will form a joint venture with Riverence Group, the largest trout producer in the Americas, to produce trout and salmon feeds utilizing sustainable ingredients. Green Plains announces aquafeed partnership with Riverence
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