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ADM increasing Midwest soybean crushing operations

Archer Daniels Midland Company (ADM) will increase its North American oilseed crushing capacity through expansions at oilseed crushing plants in the U.S. and Canada.

Five soybean crushing plants will be expanded in Quincy, Illinois; Frankfort, Indiana; Mexico, Missouri; Fremont, Nebraska and Des Moines, Iowa. Two canola crushing plants will also be expanded in Velva, North Dakota and Lloydminster, Alberta, Canada.

The expansions will support ADM's two North American biodiesel facilities in Mexico, Missouri and Velva, North Dakota.

Factors driving the increased demand for oilseed crushing, company officials say, include a growing population which increases the demand for food worldwide, rising global wealth which is changing protein and oils consumption, and increasing global energy needs and energy security concerns that promote biodiesel demand.

The expansions are scheduled to be completed in mid-2008. Construction on the expansions is dependent on final engineering and permit approval.

Archer Daniels Midland Company (ADM) will increase its North American oilseed crushing capacity through expansions at oilseed crushing plants in the U.S. and Canada.

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