World Grain - February 2022 - 15

AGP plans new soybean processing facility in Nebraska
OMAHA, NEBRASKA, US - Ag
Processing Inc. (AGP) announced Jan.
28 that it plans to build a new soybean
processing plant near David City,
Nebraska, US. The facility will have the
capacity to process more than 50 million
bushels of soybeans per year.
Chris Schaffer, chief executive officer
of AGP, said the soybean processing
industry is experiencing tremendous
growth, and a facility in east central
Nebraska is well-positioned to generate
solid returns on investment for the cooperative's
members.
" Domestic and global demand for
soybean meal and soybean oil continues
to grow, " Schaffer said. " The David
City location will also improve the company's
ability to market soybean meal to
the Pacific Rim through AGP's export
terminal in Aberdeen, Washington. AGP
is currently considering investments that
will significantly increase our export capabilities
to meet the expected growth in
domestic protein supply. "
Mark Sandeen, chief marketing officer
of AGP, noted the facility's location
Port of Mariupol opens grain
quality control laboratory
KIEV, UKRAINE - Mariupol Maritime
Commercial Port has opened a quality
control laboratory, one of the first stages
of construction of a new grain terminal at
the port of Mariupol. The company expects
to ramp up construction on the terminal
early in 2022. Once completed, the
terminal will allow transshipment of up to
1 million tonnes of grain per year.
Mariupol said the new laboratory will
analyze samples of wheat, barley, corn,
peas, sorghum and oats.
" The management of MMTP expects to
attract part of the export grain flows from
the eastern and central regions of Ukraine
to the new terminal (in 2022), " the company
said. " Negotiations are currently underway
with large agricultural companies. "
Development of the grain terminal project
was first announced in 2019 and is a
cooperative effort between Ukrainian Sea
Ports Authority, Cofco Agri Resources
Ukraine, Mariupol seaport and STT LLC.
*Patent Pending
in the heart of US soybean production
with access to major rail lines.
" AGP continues to invest in areas that
enhance our integrated business platform,
and we are confident the David
City facility will strengthen our market
position and ability to compete well into
the future, " Sandeen said.
AGP expects operations to begin in
2025. The company said final construction
decisions and timeline are contingent
on negotiations with state and local
officials regarding economic development
incentives, required infrastructure
improvements, utility services, and regulatory
considerations.
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World Grain - February 2022

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