ADM to expand North American oilseed crushing capacity amid rising biofuel demand

ADM, which did not disclose financial details of the investments, said it is also evaluating similar upgrades at other North American crushing facilities.

In May, the company had raised its full-year profit forecast citing a strong oilseed processing outlook and clarity on U.S. biofuel blending mandates.

Grain trader Archer-Daniels-Midland ADM.N said on Thursday it will invest in upgrades at four U.S. oilseed crushing facilities to expand North American processing capacity, as strong demand for renewable fuels drives growth in vegetable oil markets.

The company expects projects in Indiana's Frankfort, Missouri's Deerfield, Nebraska's Lincoln and North Dakota's Spiritwood to be completed between mid-2028 and early 2029, expanding processing capacity by about 700,000 metric tons annually.

U.S. demand for soybean oil and other vegetable oils has been rising as producers ramp up renewable diesel and sustainable aviation fuel capacity. In March, President Donald Trump's administration had ordered refiners to blend a record amount of biofuels into gasoline and diesel in 2026 and 2027.

Soybean oil is a key feedstock for renewable fuels, alongside other sources such as used cooking oil and animal fats.

“Strong demand — supported by biofuels policy in the U.S. — is driving opportunities for farmers and the broader American agricultural sector," said Gary McGuigan, president of ADM’s North America Ag Services and Oilseeds business.

ADM's upgrades will include storage additions, equipment improvements and operational changes intended to increase throughput at the four facilities.