Source: REUTERS, 1/30/14 Cargill Inc will idle its soybean processing plant in Raleigh, North
Carolina, this spring amid reduced demand for U.S. soymeal due to large
soy harvests in South America, the company said on Thursday.
"In recent years, demand for U.S. soybean processing has become more variable and seasonally driven," Mark Stonacek, president of Cargill's North American grain and oilseed supply chain, said in a statement. For more of this story, Click here. |