Soybean associations welcome CHS processing project that would add soybean oil supply

Key points

• American and Wisconsin soybean associations welcomed CHS’s proposed approximately USD 700 million processing facility near Evansville, Wisconsin.
• The plant targets capacity of 80 million bushels annually, producing approximately 1 billion pounds of soybean oil and 2 million tons of soybean meal, with completion targeted for fall 2028.
• The release identifies food, feed and renewable fuel markets for the oil; it does not allocate all oil to fuel or establish sustainability certification.