Global agribusiness giant Cargill is set to build a new soyabean processing plant in Missouri, USA, the company announced.

Work on the new 62M bushels/year facility in Pemiscot County is set to begin early next year, according to the 17 May statement, with production due to begin in 2026.

“Cargill’s new facility, with its location on the Mississippi river, will operate year-round and provide farmers [with an] opportunity to take advantage of increased domestic demand versus relying solely on seasonal exports,” Cargill Agricultural Supply Chain North America’s regional commercial lead Tim Coppage said. “Access to both river and rail will provide more flexibility and market access for farmers.”

The new location would help Cargill increase capacity across its North American oilseeds network, the company said.

Cargill said it has had a presence in Missouri since 1936 and currently operates in 11 locations in the state.

Last year, Cargill announced a series of projects across North America including significant improvements to its soyabean crush facility in Sidney, Ohio, and plans for a new canola processing facility in Regina, Saskatchewan.