A major new soybean processing investment in Wisconsin could create more demand and another important market for soybean farmers. CHS says it will invest about $700 million to build a soybean processing facility near Evansville, Wisconsin. The plant will be capable of processing 80 million bushels of U.S.-grown soybeans annually when it begins operations in 2028. CHS says the facility will expand market access and create new demand for soybeans, while producing about one billion pounds of soybean oil and two million tons of soybean meal each year. Wisconsin Soybean Association President Doug Rebout says the investment delivers something growers have been seeking. “For Wisconsin soybean farmers, this investment represents something we have been working toward for years: stronger demand for the crop we grow right here at home,” Rebout says. He adds the additional processing capacity will give growers another reliable market close to the farm while creating long-term opportunities for soybeans in both meal and oil markets.
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