Feb 17, 2022

嘉吉公司计划Mil 48美元lion Expansion at Iowa Corn Mill

Project will expand value-added corn production for the company’s food ingredient market

Cargill Inc.is planning a $48 million project atits plantwest of Fort Dodge, IA, as it continues to invest in the facility, reportsThe Messenger.

The project will expand value-added corn production for the company’s food ingredient market, according to the Iowa Economic Development Authority. It will include a new process building, tanks and transload capacity.

The project will not create any new jobs. Current employees will be getting raises, however, as they master the increased skills needed for the expanded production.

Construction is expected to begin this year and be complete by the fall of 2024.

Cargill purchased the partially completed facility in the spring of 2011, intending to transform an abandoned factory into aworld-class bio-refinery campus.

With the help of more than 600 contractors, Cargill's crew adapted the ethanol plant design to meet the needs of its corn milling facility. The Fort Dodge plant began grinding corn in October of 2013, first focusing on the development of a dextrose corn syrup for Cargill’s South Korean animal feed customer, CJ Bio America.

Today, the company’s bio-refinery campus produces ethanol, dextrose and Sweet Bran®feed for cattle.

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Marketwatch: Feb, 24

US Corn Price Idx:ZCPAUS.CM

open: 6.5612
high: 6.6815
low: 6.531
close: 6.666

US Soybean Price Idx:ZSPAUS.CM

open: 16.0436
high: 16.3141
low: 16.0166
close: 16.2668

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 8.6422
high: 8.9623
low: 8.6322
close: 8.9251

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 8.1121
high: 8.448
low: 8.1021
close: 8.4081