LDC acquires grains, oilseeds warehouse in Argentina
ARGENTINA – Louis Dreyfus Co. (LDC), a leading global agribusiness has acquired a grain and oilseeds collection facility in the Trilí province of La Pampa, Argentina marking LDC’s second elevator in the province and 11th in the country.
According to LDC, the new investment will be ready to receive and condition grains beginning in December 2023, following the completion of improvement works.
With a static capacity of 1,600 tons in silos and an additional storage capacity of 40,000 tons in silo bags, the new plant will be able to handle significant volumes of different grains and oilseeds throughout the year, LDC said.
The site is strategically connected to the Domingo Faustino Sarmiento Railway to facilitate the shipment of local production to LDC’s agro-industrial complex in General Lagos, Santa Fe, and its deep-water port complex in Bahía Blanca, Buenos Aires.
Daniel Giuliano, stockpile manager for Latin America South and West at LDC revealed that the acquisition of this elevator represents a strategic investment to further reinforce LDC origination activities in the country supporting logistics from the field to the port.
“Thanks to its rail connectivity and complementarity with the already existing LDC stockpiles in the provinces from La Pampa and Buenos Aires,” said Daniel Giuliano.
According to him, LDC’s increased presence in the province will also allow the firm to provide local producers with access to our entire portfolio of integrated solutions, including logistical and financial facilities
It will also provide them with a range of varieties of seeds, fertilizers, and plant protection products marketed under the brands Macro Seed, Macro Fertil, and Macro Protect from LDC.
Once operational, the Trilí Acopio is expected to directly employ a dozen people and generate additional indirect jobs in nearby communities.
In its most recent earnings report, LDC said its global footprint of the Grains & Oilseeds platform was key in securing strong financial performance in the first half of the year.
The International Grains Council is projecting Argentina to produce 44 million tonnes of soybeans, 16.6 million tonnes of wheat, and 61 million tonnes of corn for the 2023-24 marketing year. The South American nation currently is the world’s largest exporter of soybean meal.
On her part, María Victoria Capalbo, regional manager of sustainability of cereals and oilseeds for LDC said that the new plant will support LDC’s sustainable business roadmap, allowing the origination of cereals and oilseeds directly from agricultural producers in the region.
This, according to her will guarantee 100% traceability until the cultivation of the products is obtained.
