# ADM to idle Iowa soy facility during record US harvest By Reuters

> ADM is idling its only Iowa soybean processing plant in Des Moines from mid-October through November for maintenance during the record US harvest. The plant crushes about 5 million bushels monthly, roughly 12% of Iowa's crush. Cash soymeal prices at the Gulf rose to their highest in a decade on expectations of the shutdown.

- Date: 2024-10-04 · published 2024-10-04T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/27883-adm-to-idle-iowa-soy-facility-during-record-us-harvest-by-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Reduced crush cuts domestic soymeal supply for livestock feed buyers, supporting meal prices, though the record harvest limits the impact.

## Read by commodity

- SBM: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-24 | [Low Mississippi River levels during harvest cut profits for farmers, freighters](https://feedsoft.ai/events/28043-low-mississippi-river-levels-during-harvest-cut-profits-for-farmers-freighters.md) | -2.1% | -0.7% |
| SOY | 2017-10-23 | [US River System Still Not Flowing Smoothly Amid Fall Harvest](https://feedsoft.ai/events/68348-us-river-system-still-not-flowing-smoothly-amid-fall-harvest.md) | -0.4% | +1.2% |
| SOY | 2021-09-13 | [U.S. grain exports sink as Gulf terminals struggle to recover from Ida \| Reuters](https://feedsoft.ai/events/44956-u-s-grain-exports-sink-as-gulf-terminals-struggle-to-recover-from-ida-reuters.md) | +0.7% | -2.5% |
| SOY | 2023-09-18 | [High Barge Freight, Low River Levels Detrimental to Farmers at Harvest](https://feedsoft.ai/events/34292-high-barge-freight-low-river-levels-detrimental-to-farmers-at-harvest.md) | -3.3% | -4.5% |
| SOY | 2025-10-07 | [US grain storage, logistics facing harvest complications \| World Grain](https://feedsoft.ai/events/16910-us-grain-storage-logistics-facing-harvest-complications-world-grain.md) | -1.0% | +10.0% |
| SBM | 2020-03-27 | [Supply of soy to Argentine livestock feed factories down by half and falling](https://feedsoft.ai/events/11213-supply-of-soy-to-argentine-livestock-feed-factories-down-by-half-and-falling.md) | -4.3% | -10.9% |
| SBM | 2020-03-23 | [Virus hobbles Argentina's biggest soy exporters – with harvest nearing \| Buenos Aires Times](https://feedsoft.ai/events/53986-virus-hobbles-argentina-s-biggest-soy-exporters-with-harvest-nearing-buenos.md) | -0.6% | -12.2% |
| SBM | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -3.0% | -11.3% |

## Sources

- investing.com: https://www.investing.com/news/stock-market-news/adm-to-idle-iowa-soy-facility-during-record-us-harvest-3648944
- reuters.com: https://www.reuters.com/markets/commodities/adm-idle-iowa-soy-facility-during-record-us-harvest-2024-10-04/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.