A key feature of the expansion is the rail-based unloading capability, allowing The Andersons to unload unit trains of soybean meal directly at the export point via railroads such as BNSF Railway and Union Pacific Railroad.
The FAS said its relatively stable forecast for soybean imports is linked to restrained 2% growth in crushing demand.
Demand for protein-rich feed is rising with Malawi’s growing poultry and aquaculture industries, while edible oils offer an import-substitution opportunity.
According to the USDA, Brazil will remain the undisputed leader with approximately 40% of global supply.
The plant is designed to crush up to 35 million bushels of soybeans annually, with plans to process sunflower, canola, and camelina by 2026.