# CHS expands grain capacity at Myrtle Grove export terminal - CHS Inc

> CHS Inc. announced a $73 million renovation and expansion of its Myrtle Grove grain export terminal in Louisiana. The project adds six shipping bins, 580,000 bushels of storage, and a new dock and barge unloading system, expected to raise throughput by 30%. Construction is set to begin in August.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/47001-chs-expands-grain-capacity-at-myrtle-grove-export-terminal-chs-inc
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Added terminal capacity improves Gulf export handling over the long term but will not change near-term supply or prices. The project is a structural capacity gain rather than a market-moving event.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-19 | [New Terminal Expands Grain Handling Capacity for Ag Coast \| Feed & Grain](https://feedsoft.ai/events/45963-new-terminal-expands-grain-handling-capacity-for-ag-coast-feed-and-grain.md) | -1.1% | +0.0% |
| CORN | 2018-06-04 | [Cargill launches a grain terminal in Ukraine - port.today](https://feedsoft.ai/events/64378-cargill-launches-a-grain-terminal-in-ukraine-port-today.md) | -2.0% | -7.4% |
| CORN | 2017-05-09 | [Ukraine to expand grain transshipment capacity by 2020](https://feedsoft.ai/events/70860-ukraine-to-expand-grain-transshipment-capacity-by-2020.md) | +0.6% | +1.9% |
| CORN | 2021-05-01 | [Azov Sea grain terminal](https://feedsoft.ai/events/46949-azov-sea-grain-terminal.md) | +2.8% | -6.2% |
| CORN | 2017-11-28 | [Extra port capacity to boost Russia's grain exports \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/67830-extra-port-capacity-to-boost-russia-s-grain-exports-agrifish-post-online-media.md) | +1.1% | +6.8% |
| 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 | 2021-09-01 | [More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks - AgWeb](https://feedsoft.ai/events/5163-more-grain-terminals-found-damaged-by-ida-exports-may-stall-for-weeks-agweb.md) | -2.2% | -1.2% |
| SOY | 2021-08-30 | [Hurricane Ida damages Louisiana grain terminal, disrupts exports \| Reuters](https://feedsoft.ai/events/45732-hurricane-ida-damages-louisiana-grain-terminal-disrupts-exports-reuters.md) | -5.6% | -5.3% |

## Sources

- chsinc.com: https://www.chsinc.com/news/chs-expands-grain-capacity-at-myrtle-grove-export-terminal/

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