# Iowa soybean processing capacity is expanding

> Landus Cooperative finished a $27 million expansion of its Ralston, Iowa soybean plant, raising crush capacity by 50% to about 20 million bushels a year. Next door, the REG biodiesel plant is starting a $24 million expansion.

- Date: 2016-11-14 · published 2016-11-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73929-iowa-soybean-processing-capacity-is-expanding
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

More local crush capacity supports soybean bids in Iowa and adds expeller meal supply, which is a mild bearish factor for meal. The biodiesel expansion adds demand for soybean oil feedstock.

## Read by commodity

- SBM: bearish ▼
- SOY: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/iowa-soybean-processing-capacity-is-expanding

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