Key facts
- CHS Inc. will build a new soybean processing facility near Evansville, Wisconsin.
- The facility represents an investment of approximately $700 million.
- It will have the capacity to process 80 million bushels of U.S.-grown soybeans annually.
- Construction is expected to begin in the coming weeks, with completion targeted for fall 2028.
- The facility is projected to employ around 80 people.
- It will produce approximately 1 billion pounds of oil and 2 million tons of meal annually.
CHS Inc., a global agribusiness and the largest farmer-owned cooperative in the U.S., announced plans to construct a new soybean processing facility near Evansville, Wisconsin. The project represents an investment of approximately $700 million and is designed to process 80 million bushels of U.S.-grown soybeans annually. This expansion aims to increase CHS's oilseed processing capabilities and create new market opportunities for its owners.
Construction is slated to begin in the coming weeks, with an anticipated completion date in the fall of 2028. John Griffith, executive vice president of agriculture business and CHS Hedging, highlighted that the facility will enhance market access, strengthen the cooperative's processing network, and generate new demand for U.S.-grown soybeans, driven by strong demand across food, feed, and renewable fuel markets. Wisconsin Governor Tony Evers expressed pride in supporting CHS's expansion, emphasizing its importance for the state's agricultural sector and job creation.
The Evansville facility is strategically located in a region with substantial soybean production and demand for soybean meal from livestock producers. Upon becoming operational, it is expected to employ approximately 80 people and produce about 1 billion pounds of oil and 2 million tons of meal annually. The location offers advantages due to its proximity to production areas, rail service, and major transportation routes, facilitating the movement of products to domestic and global markets. Wisconsin Soybean Association President Doug Rebout stated that the facility will provide growers with a reliable local market and create long-term opportunities for Wisconsin soybeans.