• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Soybean Farmers Contribute $1.3M for Soybean Meal Export Expansion

Soybean Farmers Contribute $1.3M for Soybean Meal Export Expansion

08/08/2024
Vidushi Infotech Powers Global Growth with AI-Driven IT Solutions and 22 Years of Expertise

Vidushi Infotech SSP Pvt. Ltd. Nominated for Go Global Awards 2025 – Set to Join Global Tech Leaders in London

07/02/2025
Vidushi Infotech Powers Global Growth with AI-Driven IT Solutions and 22 Years of Expertise

Vidushi Infotech Powers Global Growth with AI-Driven IT Solutions and 22 Years of Expertise

07/02/2025
PRINTCO SRL Nominated for 2025 Go Global Awards in London

PRINTCO: Romania’s Packaging Powerhouse Pioneering Innovation and Sustainability

07/01/2025
PRINTCO SRL Nominated for 2025 Go Global Awards in London

PRINTCO SRL Nominated for 2025 Go Global Awards in London

07/02/2025

HirtProductions Bridges Continents with Spiritually Uplifting Cinema

07/01/2025

HirtProductions Nominated for 2025 Go Global Awards for Excellence in Impact-Driven Cinema

07/01/2025
Trump Ends Canada Trade Talks, Signals Tariffs

Trump Ends Canada Trade Talks, Signals Tariffs

07/01/2025
Trump Signals Flexibility on Tariff Deadlines

Trump Signals Flexibility on Tariff Deadlines

07/01/2025
Canada Retaliates with Steel Quota After U.S. Tariff Threat

Canada Retaliates with Steel Quota After U.S. Tariff Threat

07/01/2025
Trump Warns Japan of New Tariffs Over Rice Trade

Trump Warns Japan of New Tariffs Over Rice Trade

07/01/2025
Tariffs Add $1 Billion Cost to Nike’s Supply Chain

Tariffs Add $1 Billion Cost to Nike’s Supply Chain

07/01/2025
Random Dynamic Resources Ltd Nominated for Go Global Awards 2025

Random Dynamic Resources Strengthens Research Impact Across Africa and Beyond

06/30/2025
supplychainreport
Wednesday, July 2, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Soybean Farmers Contribute $1.3M for Soybean Meal Export Expansion

by Geraldine S.
08/08/2024
in Global Trade

On July 30th, soybean farmer leaders presented a ceremonial check of $1.3 million to the Port of Grays Harbor, supporting the Terminal 4 Expansion and Redevelopment Project. This contribution was made during the Soy Transportation Coalition’s summer board meeting held in Vancouver, Washington, where participants visited export facilities in the Pacific Northwest, a region responsible for 25% of U.S. soybean exports.

AGP (Ag Processing Inc.), a cooperative based in Omaha, announced in March 2022 plans to expand its soybean meal export terminal at the Port of Grays Harbor. The project, expected to be operational by late 2025 or early 2026, includes additional storage at Terminal 2 and a new ship loader at Terminal 4. These upgrades will double AGP’s annual soybean meal exports from 3 million to over 6 million metric tons. To support this growth, the Port of Grays Harbor will enhance its infrastructure, including 40,000 feet of new railroad track, a new fendering system, a stormwater treatment facility, and additional cargo storage area. These improvements aim to efficiently manage the increased export volume while minimizing traffic impact on the local community.

YOU MAY ALSO LIKE

HirtProductions Bridges Continents with Spiritually Uplifting Cinema

Trump Ends Canada Trade Talks, Signals Tariffs

The $1.3 million contribution from organizations such as the United Soybean Board, the Soy Transportation Coalition, and several state soybean boards helps offset pre-engineering, design, and site development costs for the port’s expansion project. The funding, announced in fall 2022, was ceremonially presented during the coalition’s 2024 summer meeting.

Speakers at the check presentation included representatives from the Port of Grays Harbor, AGP, and soybean farmer organizations. They emphasized the importance of investing in infrastructure to connect U.S. soybean production with international markets, thereby enhancing the profitability and global competitiveness of American farmers.

The ongoing expansion of soybean processing facilities across the United States, driven by demand for soybean oil in renewable energy, presents both opportunities and challenges in accessing new markets for increased soybean meal production. The investment in the Port of Grays Harbor exemplifies the commitment of U.S. soybean farmers to strengthening their export supply chain.

The Port of Grays Harbor also received a $25.5 million grant from the U.S. Maritime Administration’s Port Infrastructure Development Program in October 2022, further supporting the Terminal 4 project. The soybean farmers’ financial commitment bolstered the port’s grant application, highlighting the project’s significance for enhancing U.S. soybean meal exports.

Find the best supply chain logistics news at The Supply Chain Report. Free international trade tools are available at ADAMftd.com.

#SupplyChainNews #NewsUpdate #SoybeanExports #InfrastructureInvestment #AgricultureNews

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.