It’s all about growing the value of the soybeans produced right here in Indiana. Bunge North America broke ground this week on a brand-new facility in central Indiana to produce soy-based ingredients for more of the foods you find at your grocery store.
“Anything that we can value-add to our crop is good for all of us,” says Shelby County farmer Phil Ramsey, who serves on the Board of Directors for both the American Soybean Association and the Soy Transportation Coalition. He has also served on the Indiana Soybean Alliance board.
Ramsey was at Bunge’s groundbreaking ceremony on Thursday near Morristown in Shelby County, as the St. Louis-based company is set to build a $550 million facility next to their existing soy production plant to produce soy-protein concentrate for plant-based foods, processed meat, pet food and feed products.
“The technology keeps changing and the foods keep changing, so this is an opportunity to get more of our soy protein into food that we’re eating,” says Ramsey. “It will be good for consumers around the world and help us move some more soybeans.”
Ramsey says he lives just a few miles down the road from Bunge’s existing soybean production facility, which first opened in 1996. That plant continues to process soybeans for animal feed, as well as oil for food processing.
Source: hoosieragtoday.news
Photo Credit: Bunge
Categories: Indiana, Crops, Soybeans