DECATUR, ILL. — ADM-Benson Quinn, a division of Archer Daniels Midland Co., said it will build a grain elevator in Tulare, S.D., that will have a storage capacity of more than 2 million bus 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 of 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 constructed of concrete and steel and will include a 10,000-bu-per-hour dryer and efficient truck unloading and railcar loading capabilities, ADM-Benson Quinn said.
ADM operates 142 domestic terminal, sub-terminal, country and river elevators in the United States with an aggregate storage capacity of 400 million bus.