The proposed soybean processing plant in Crookston was reviewed in the Minnesota House Agriculture and Food Committee. Epitome Energy will own the large crush and biodiesel plant and a non-profit group will oversee a smaller specialty facility. When operating, there are estimates that it would have as much as a 20 cent-per-bushel impact on local soybean prices. Beltrami farmer Mike Skaug addressed that in his testimony. “With the cash value of soybeans in the Crookston area hovering around $8 (per bushel), which is one of the lowest in the nation, that 10-to-20 cent price increase would a meaningful impact on our farmers.” Construction on this proposed soybean crush and biodiesel facility is expected to begin in 2021.
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