CGB and Minnesota Soybean Processors create JV to build North Dakota crushing plant

In Louisiana, CGB Enterprises, Inc. and Minnesota Soybean Processors announced that they have formed a joint venture for the construction of a state-of-the-art soybean processing plant near Casselton, North Dakota. North Dakota Soybean Processors, LLC, jointly owned by CGB and MnSP, will own and operate the new facility, which is expected to crush 42.5 million bushels of soybeans in the first year, providing a more competitive and viable market within North Dakota for production that previously left the state.