Photo: Dakota Plains Agri Center

May 13, 2022

Cargill Buys Dakota Plains Agri Center

Cargill plans to operate two facilities, sell three others in South Dakota

Cargill has agreed to acquire Agrex, Inc.’s interest in the Dakota Plains Agri Center – a joint venture between Agrex, Inc. and Cargill, located in South Dakota.

According to Bridget Christenson, media relations director, Global Ag, Tech & Trading, Cargill will fully transition Dakota Plains into Cargill’s operations.

All existing Dakota Plains grain contracts remain in force and will be transitioned to Cargill.

Cargill will operate facilities at Beardsley and Napa with plans to sell the facilities in Parkston, Scotland and Tripp.

Dakota Plains Ag Center is a joint venture between Agrex Inc. and Cargill, which started in July 2013. The main facility is located six miles south of Tripp, SD.

Feed & Grain Staff

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Magazine

Marketwatch: May, 28

US Corn Price Idx: ZCPAUS.CM

open: 7.6273
high: 7.741
low: 7.6223
close: 7.7113

US Soybean Price Idx: ZSPAUS.CM

open: 16.9414
high: 17.1044
low: 16.9237
close: 16.9795

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 11.718
high: 11.9549
low: 11.658
close: 11.7977

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 10.8628
high: 11.0906
low: 10.8128
close: 10.9646