The South Dakota Soybean Processors, LLC announced plans to construct a multi-seed processing plant near Mitchell, South Dakota. The plant will have the capacity to process 35 million bushels of soybeans annually or the equivalent 1.0 million tons of hi-oilseed crops. Operation is expected to begin in 2025, and SDSP management noted engineering, permitting, and negotiations with state and local officials are still needed to finalize the project.

Upon completion, SDSP expects the facility will result in the creation of 50 full-time jobs as well as increased value for area producers.