Soybeans are processed into two primary products, soybean meal, used as an animal feed, and crude soybean oil which is further processed for human consumption. Variations in processing methods also yield a host of co-products. The following section outlines the product mix in which AGP® is involved, along with a brief description of the customer base. - Soybean Meal - used as a primary source of protein in livestock feeding, primarily swine and poultry. Our customer base includes our stockholders, animal feed mills, country elevators, commercial feedlots, poultry confinement operations and exporter markets.
- Soybean Hulls - used for many livestock feeding rations and pelleted for export.
- Soybean Oil - crude soybean oil requires further processing (refining) for use. Edible oil refiners are the market outlet for crude soybean oil. AGP is the fourth largest refiner in the U.S. with locations at Eagle Grove, Iowa, Hastings, Nebraska and St. Joseph, Missouri.
See also Food and Industrial Products. |
