The American Soybean Association and Wisconsin Soybean Association are applauding CHS Inc.’s announcement that it will break ground on a soybean processing facility near Evansville, Wisconsin.
The approximately $700 million facility will be capable of processing 80 million bushels of U.S.-grown soybeans annually. Construction is expected to begin in the coming weeks, with completion targeted for fall 2028.
ASA President and Ohio soybean farmer Scott Metzger said the investment will expand domestic processing capacity and create additional opportunities for U.S. soybeans, while strengthening demand for soybean meal and soybean oil.
Wisconsin Soybean Association President Doug Rebout, a soybean farmer from Janesville, said a major processor closer to Wisconsin soybean growers will provide greater market access and another potential buyer for soybeans. The facility also is expected to reduce transportation distances for growers in southern Wisconsin and help keep more of the value generated by soybeans in the region.
The facility is expected to produce approximately 1 billion pounds of soybean oil and 2 million tons of soybean meal annually. Its location will place soybean meal production near Wisconsin’s dairy and livestock industries while expanding the supply of soybean oil for food, feed and renewable fuel markets.
The facility will connect Wisconsin’s soybean production with its livestock industry and growing markets for soybean oil. The investment is expected to create opportunities for farms, rural communities and the state’s broader agricultural economy.
Source: American Soybean Association, "Soybean Farmers Welcome New CHS Processing Investment"