Soybean farmer leaders were in Houston, Texas, in late September to present a ceremonial check worth $275,000 to The Andersons, Inc., for their expansion project at the Port of Houston. Once the project is completed in the first quarter of 2026, the expansion will enable the facility to export soybean meal. By investing in the project, soybean farmer leaders are taking concrete steps to increase soybean meal export capacity. One of the more significant developments in the U.S. soybean industry continues to be the investment in processing facilities in order to produce more soybean oil for renewable fuels. The additional production of soybean oil will result in the production of more soybean meal. While much of the meal will be consumed by the livestock industry, it’s increasingly important to invest in additional export capacity to connect with international markets. It’s also increasing the resilience and diversity of the U.S. supply chain.
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