New large soybean crush operations also have opened in recent years in the state ¡ª Shell Rock Soy Processing in northeast Iowa’s Shell Rock and Platinum Crush in northwest Iowa’s Alta. Demand for soybean oil to make renewable diesel and biodiesel is helping drive new operations, with the soymeal fed to chickens, hogs and other livestock.
Why is ADM idling its only soybean processing plant in Iowa?
Chicago-based ADM is idling its only soybean processing plant in Iowa from mid-October through November for ¡°planned essential maintenance.¡± ADM said in an email it ¡°forecasted for this project¡± and can ¡°meet customer needs throughout this timeframe.¡±
Why is Archer-Daniels-Midland closing its soybean processing plant?
Archer-Daniels-Midland Co. plans to temporarily close its soybean processing plant in northeast Des Moines, raising concerns that Iowa farmers are losing a major grain buyer as they harvest one of their largest crops ever.
Does Iowa grow soybeans?
Iowa leads the nation in corn production and is second to Illinois for growing soybeans, USDA data shows. ADM temporarily closes Des Moines soybean crush plant amid a record harvest, potentially lowering prices for farmers, raising them for pork producers.