ADM To Expand Crush Capacity

An article on DTN/Progressive Farmer

Archer Daniels Midland plans to expand crush capacity at four U.S. crush facilities in a move that is expected to add 25 million bushels of demand for soybeans, the company said Thursday.

ADM said it is making "initial investments" at existing crush facilities in Frankfort, Indiana; Deerfield, Missouri; Lincoln, Nebraska; and Spiritwood, North Dakota.

The expansion is expected to unlock about 700,000 metric tons of oilseed crush capacity annually, the company said. ADM did not release a dollar amount for the planned upgrades.

For the full article click here