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Louis Dreyfus will build a soybean processing plant in Upper Sandusky, Ohio, with capacity of 1.5 million metric tons of edible soybean oil and 7,500 metric tons of lecithin. The company will invest $500 million, and the plant gives it the option to supply renewable feedstock markets.
New crush capacity increases soybean demand from processors and adds soybean oil supply, while the project reflects strong biofuel-driven demand for soybean oil.
manufacturingdive.comSarah ZimmermanOct 26, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
