Facility will have capacity to produce 400,000 tons for feed, primarily for swine.
Ames, Iowa-based Landus Cooperative said it will invest in the construction of a new feed mill in Yale, Iowa.
The new mill will have a capacity of 400,000 tons and will primarily target swine feed, a company spokesperson said in an email.
While the spokesperson did not say whether the feed produced at the new facility would be for any specialty markets, she said, “We do have experience with organic, non-GMO and high oleic processing at our SoyPlus processing facility in Ralston, Iowa. We are open to opportunities which elevate the value of area acres for our farmers and supply the demands of regional livestock producers and their end-consumers.”
The company said recent success makes this the right time for expansion.
“Our customers know we’ve been working for the last two years to identify the right time and place for a new mill,” said Mark Cullen, chief animal nutrition officer for Landus Cooperative, in a press release. “Area swine and beef production is on the rise and, thanks to our state’s livestock customers, our feed business is performing well and has the resources to expand. We’re ready to take advantage of recent success to elevate the value of every acre in the region.”
The investment will also go toward major upgrades to receiving and the 4 million bushels of storage capacity at its adjacent grain facility in Yale, Iowa. A construction start date is contingent upon project planning and engineering. A spokesperson told Feed Strategy that a design-build firm has not yet been selected.
Landus Cooperative is made up of approximately 7,000 member-owners. It offers agronomy services, precision ag, field services, soybean seed, grain marketing and animal nutrition, and manufactures a line of specialized feed for dairy cows, which is distributed globally. The cooperative has 600 employees and serves more than 60 communities in Iowa and Minnesota.