The EU average yield is put at 2.24 tonnes per hectare, about 15% below the five-year average, forcing Europe to depend even more heavily on international imports.
The facility can process 70,000 tonnes of raw materials a year, turning shea into butter and soybeans into oil and oilseed cake.
The facility is expected to process 80 million bushels of soybeans annually, producing about 1 billion pounds of soybean oil and 2 million tons of soybean meal.
The facility employs clean-label oilseed processing technology to operate as the world’s first agro-industrial plant with an end-to-end hydrocarbon-free extraction process from raw bean to finished ingredient.
The renewed push for US oilseeds comes as Brazilian and Argentine suppliers typically dominate global agricultural trade.