Agricultural Crops

Beck’s Breaks Ground on New Soybean Processing Facility in Missouri

Beck’s is establishing a new soybean processing facility in New Madrid, Missouri, with a 60,000-square-foot structure set on 105.5 acres.
Beck’s is the largest family-owned retail seed company in the U.S. Image provided by Beck’s.

Key Takeaways:

  • Beck’s is establishing a new soybean processing facility in New Madrid, Missouri, with a 60,000-square-foot structure set on 105.5 acres.
  • The facility, anticipated to be fully operational by fall 2026, aims to process 3 million units of soybeans annually.
  • The project will create 17 new jobs in its first year, contributing to local economic growth.
  • Missouri officials, including Governor Mike Parson, emphasize the facility’s potential to strengthen the agricultural sector in the state.
  • Beck’s partners with several local and state entities to support the project, aligning with Missouri’s agricultural development initiatives.

New Soybean Processing Facility Set to Enhance Missouri’s Agricultural Economy

Beck’s, the largest family-owned retail seed company in the U.S., has broken ground on a new soybean processing facility in New Madrid, Missouri, designed to support the increasing demand for soybeans across the Mid-South. The state-of-the-art facility, covering 60,000 square feet on a 105.5-acre site, is expected to handle 3 million units of soybeans per year. This facility will be developed in phases, with the initial construction set to complete by December 2024 and full operational capacity projected by fall 2026.

“This investment reinforces Missouri’s role as a critical hub for feeding and fueling the world,” commented Governor Mike Parson. “Beck’s presence in New Madrid will bolster the area’s economy, provide benefits for local farmers, and strengthen Missouri agriculture as a whole.”

Investment to Bring New Jobs and Expand Regional Opportunities

Beck’s investment is expected to stimulate the local economy by creating 17 new jobs in its first year, with additional potential growth as the facility reaches full capacity. Scott Beck, President of Beck’s, expressed enthusiasm for the project’s potential impact on the region. “This new facility represents our ongoing commitment to serving farmers by providing high-quality soybean products and elite customer service. We look forward to building partnerships and supporting the growth of the agricultural industry in the area.”

In addition to processing, the facility will feature extensive warehouse and storage capabilities, allowing Beck’s to efficiently meet farmer needs. The new facility adds to Beck’s existing infrastructure as the company continues investing in the resources necessary to support the soybean supply chain, particularly in regions with rising demand.

Collaboration with Missouri Officials and Local Partners

The project is a collaborative effort involving Beck’s and various state and local entities, including the Missouri Partnership, New Madrid County, Liberty Utilities, and the Missouri Department of Economic Development. Mayor Nick White of New Madrid emphasized the project’s economic significance, stating, “This investment not only brings new jobs to our community but also reinforces our commitment to fostering a vibrant business environment. Together with Beck’s, we are planting the seeds for a prosperous future.”

Missouri Department of Economic Development Director Michelle Hataway highlighted the project’s impact on local employment and agricultural development, underscoring the opportunities for growth and prosperity. Subash Alias, CEO of Missouri Partnership, added, “Missouri’s history in soybean production, combined with our infrastructure and skilled workforce, makes it the ideal location for Beck’s expansion, showcasing Missouri’s leadership in agriculture.”

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