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Area Development - Site Selection, Facility Planning and Workforce Development

Cargill Establishes Caruthersville, Missouri, Soybean Processing Plant

05/18/2022
Cargill, a global leader in food production and agricultural services, will build a new soybean processing facility in Pemiscot County, Missouri. The project is expected to create 45 jobs.

The new site will be one of the company’s largest soy processing facilities in North America. Cargill anticipates breaking ground early next year, with operations beginning in 2026. When complete, the location will also support growing demand for food, feed and fuel while offering farmers year-round access to grain markets.

“Cargill’s new facility, with its location on the Mississippi river, will operate year-round and provide farmers opportunity to take advantage of increased domestic demand versus relying solely on seasonal exports,” said Tim Coppage, Regional Commercial Lead, Cargill Agricultural Supply Chain North America. “We appreciate the strong support and partnership from state and local leaders, the Department of Economic Development and the Missouri Soybean Association to bring this project to the region to connect growers to markets, create local jobs and support the state’s economic growth.”

Cargill used the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company is also receiving assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.

“Agriculture has long been the backbone of the southeast Missouri economy, and we couldn’t be more thrilled to see Cargill make this incredible investment in our state,” Maggie Kost, Acting Director for the Missouri Department of Economic Development said. “As this great American company expands in Missouri, I think they’ll find they are working alongside some of the best farmers in the world. This partnership will not only strengthen the agriculture sector in the region, but it will further cement our state’s role as a leader in the global agriculture arena.”

The new facility will have an annual production capacity of 62 million bushels as it collects, processes, and distributes soybean-derived protein, oils and soymeal products.

“This soybean processing facility in southeast Missouri is a major ‘win’ for Missouri farmers, and for farmers in the entire region,” said Missouri Agriculture Director Chris Chinn. “Missouri is a major soybean producer, with soybean sales as the state’s top cash receipt year after year. I appreciate Cargill and the other partners in this project for providing new market opportunities for farmers to increase their bottom line.”

With production and distribution operations in 70 countries worldwide, Cargill is the largest private corporation in the nation and a world-leading producer and processor of grains, oilseeds, biofuels, animal nutrition, meat, eggs, poultry and farm risk management services. Cargill has had a presence in Missouri since 1936 and employs nearly 1,200 people across nine locations in the state.

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