# Giant Beef Packing Plant Proposal's Project Lead Gets Partner With Farmers Union Industries

> A proposed $1.1 billion beef packing plant in Rapid City, South Dakota, would process up to 8,000 head a day and remains in research and development. Farmers Union Industries plans to build a rendering facility next to it to make meat and bone meal, tallow and grease.

- Date: 2022-06-13 · published 2022-06-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41057-giant-beef-packing-plant-proposal-s-project-lead-gets-partner-with-farmers
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

A large new packing plant would add significant cattle demand and byproduct supply if built, but the project is early-stage and uncertain, so near-term price impact is limited.

## Read by commodity

- MBM: neutral
- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2022/06/13/giant-beef-packing-plant-proposals

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