N.D. - (Pam Musland) – North Dakota Farmers Union is encouraging
farmers to attend upcoming investor meetings for a soybean crushing
facility and refinery that will be located near Spiritwood. The North
Dakota Soybean Processors’ (NDSP) project will utilize 125,000
bushels of soybeans per day once completed.
value to commodities through in-state processing facilities,
especially farmer-owned facilities, is something we strongly
support,” said NDFU President Mark Watne. “I would encourage
farmers to attend upcoming investment offering meetings. This could
be a good avenue to improve farm income.”
is offering 9,000 to 12,000 total units for sale at $10,000 each.
Minnesota Soybean Processors is making a $60 million investment to
purchase 6,000 units and will serve as the company’s managing
member. A minimum investment of four units or $40,000 is required to
invest in the project.
will be held at the following locations:
21 7-9 p.m. North Dakota Farmers Union, Jamestown
21 7-9 p.m. Delta Hotels by Marriott, Fargo
22 7-9 p.m. Hilton Garden Inn, Grand Forks
22 7-9 p.m. Hankinson Community Center, Hankinson
26 7-9 p.m. Great River Energy, Bismarck