Cargill completes deal for Owensboro Grain Co.

MINNEAPOLIS — Cargill has accomplished the acquisition of Owensboro Grain Firm, LLC, a fifth-generation family-owned soybean processing facility and refinery situated in Owensboro, Ky. The transaction was first introduced in November 2022.

“Immediately marks a major milestone as we welcome Owensboro Grain Co. into our Cargill household,” stated Leonardo Aguiar, president of Cargill’s North American agricultural provide chain. “The addition of Owensboro Grain is a vital step on our journey to making a linked, resilient and modernized grain expertise for our prospects and the markets we serve.”

The addition of Owensboro Grain Firm enhances Cargill’s efforts to modernize and improve capability throughout its North American oilseeds community to help rising demand pushed by meals, feed and renewable gas markets.

Owensboro Grain Co. was based in 1906 as a small grain service provider and at the moment operates a completely built-in soy processing facility, producing soy merchandise, together with protein meal and hull pellets for animal feeds, crude and degummed oil, lecithin, varied blends of refined vegetable oil for human consumption, biodiesel, glycerin and industrial waxes. Sourcing from a number of states, the corporate crushes greater than 100,000 bus of soybeans day by day.