A feasibility study commissioned by the Wisconsin Soybean Marketing Board (WSMB) showed Wisconsin is ready for an in-state soybean crushing facility.
A recent article posted in the Wisconsin Agriculturist points out Wisconsin has over 11,000 soybean growers and more than enough yield (over 100 million bushels annually!) to justify creating a local crushing facility to extract soybean oil and create high quality animal feed.
The feasibility study concluded “Wisconsin could support a crush plant with a processing capacity of 2,000 tons per day, or 22 million bushels of soybeans annually. Such a plant would produce 531,800 tons of soybean meal annually, 230 million pounds of soybean oil and 33,000 tons of soybean hulls.” Wisconsin has the livestock—dairy animals, swine, poultry and more to support the crush facility.
What’s more, the facility would lower transportation and production costs as now the only crushing facilities are out of state.
According to the article, “the project would need to undertake a preliminary engineering study to determine more precise estimates of the project scope and capital cost. WSMB is willing to work with groups to put a plan together. Interested investors should call WSMB executive director Robert Karls at 608-274-7522 or email email@example.com.”