New Wisconsin Crush Plant Could Reshape Soybean Basis

Photo Credit: United Soybean Board

EVANSVILLE, WI – CHS has broken ground on a new soybean processing plant near Evansville that could increase competition for locally grown soybeans and strengthen demand across southern Wisconsin when it opens in fall 2028.

The facility is expected to crush 80 million bushels of soybeans annually. CHS projects production of about 1 billion pounds of soybean oil and 2 million tons of soybean meal each year.

Soybean oil from the plant is intended for renewable-fuel markets and can be processed at the CHS refinery in Mankato, Minnesota. The soybean meal is expected to serve livestock-feed demand in Wisconsin and surrounding states.

Wisconsin had 1.3 million milk cows in August, the second-largest dairy herd among U.S. states, providing a large regional market for soybean meal. The project also adds another major buyer for soybeans in the area.

Union Pacific Railroad will serve the new facility. Once operating, the plant is expected to compete for soybeans with ALCIVIA’s existing Evansville shuttle-loading elevator, potentially affecting local basis and grain movement.

Farm-Level Takeaway: The new crush plant could strengthen local soybean demand while expanding markets for soybean oil and meal.