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Farms.com Home  › News

ADM To Build New Soy Crushing Facility In North Dakota

ADM has announced plans to build North Dakota’s first-ever dedicated soybean crushing plant and refinery.

Based in Spiritwood, North Dakota, (near Jamestown) the approximately $350 million crush and refining complex will have the capacity to process 150,000 bushels of soybeans per day.

The facility is expected to be complete prior to the 2023 harvest.

ADM also plans to invest approximately $25 million to expand refining and storage capacity at its crush and refining facility in Quincy, Illinois.

Click here to see more...

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Higher Crude Oil Futures for Longer = Stagflation?

Video: Higher Crude Oil Futures for Longer = Stagflation?


Fears are starting to grow that higher crude oil futures for longer could see slower economic growth and higher inflation BUT…. At a meeting in Paris, the Chinese team said they would be willing to buy more non-U.S. soybean row crops???? Trump's delay with the Xi meeting (pushed out to end of April) was replaced with the Ag Appreciation Day” on March 27th, 2026. A dry weather pattern for the Central Plains/U.S. winter wheat country causing are wildfires in NE and breaking record temps for March. Stocks are officially in a correction as funds continue to sell the metals to buy energy and ag + more.

 
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