New elevator will help local growers meet increased need for crop storage
ADM-Benson Quinn today announced that it will construct a grain elevator in Tulare, S.D. The elevator will have a storage capacity of more than 2 million bushels and will be used to store corn, soybeans and wheat from local growers. Construction is scheduled to begin by the end of 2010 and is expected to be complete in late 2011.
“Farmers have increased crop yields significantly in recent years,” said Scott Nagel, president, ADM-Benson Quinn. “ADM is responding by providing growers in the Tulare area with convenient, local storage and marketing opportunities for their crops. We are pleased to invest in a community that understands the value of agriculture.”
The Tulare elevator will be located at U.S. Highway 281 and state Route 28 and will be constructed of concrete and steel. The facility will include a 10,000 bushel per-hour dryer and efficient truck unloading and railcar loading capabilities.
ADM-Benson Quinn is a division of Archer Daniels Midland Company (ADM). In the United States, ADM operates 142 domestic terminal, sub-terminal, country and river elevators with an aggregate storage capacity of 400 million bushels.
To learn more about services ADM offers to producers, visit www.e-adm.com.
Every day, the 29,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 240 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2010, were $62 billion. For more information about our company and our products, visit www.adm.com.