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.
“Adding 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.”
NDSP 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.
Monday, Aug. 14 — AgCountry Farm Credit Services in Wahpeton, 7:30 a.m.; Milnor Harris Lunneborg Field in Milnor, 7 p.m.
Tuesday, Aug. 15 — Regional Tech Center in Valley City, 7:30 a.m.; Trails End Bar and Grill in Montpelier, 4 p.m.
Wednesday, Aug. 16 — Jamestown Stutsman Development Corporation in Jamestown, 7:30 a.m.
Tuesday, Aug. 22 — Mike and Pam Clemens Farm near Wimbledon, 10020 19th St. SE, 7 p.m.
Wednesday, Aug. 23 — Mike Appert Farm near Hazelton, 755 Hwy 34, 7 p.m.
Thursday, Aug. 24 — Chieftain Conference Center in Carrington, 7 p.m.