ADM to Invest $350M to Build North Dakota’s First Soybean Crushing Plant

Rapidly growing demand from food, feed, industrial, and biofuel customers, including producers of renewable diesel, has driven Archer Daniels Midland (ADM) to announce it is investing $350 million to build the first dedicated soybean crushing plant and refinery in North Dakota, the Oilseed & Grain News reported on May 18. Strategically located in Spiritwood, North Dakota, a major soybean producing region, the facility will include state-of-the-art automation technology supporting a processing capacity of 15,000 bushels of soybeans per day.

Construction of the crushing plant is expected to be completed in time for the 2023 harvest, and that once operational, ADM’s global logistics network will enable the facility to access both domestic and global markets for soybean oil and meal. In addition to the North Dakota project, the company has also announced a further $25 million investment to expand its refining and storage capacity at its crush and refining facility in Quincy, Illinois.  This project is expected to be completed by Q1 2022.