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South Dakota Soybean | Home.SD Soybean Processors gets approval for $ million processing plant south of Mitchell | DRGNews



  Capital Investment. View Operations Manual. Share Type: Capital Unit. If there is a match between an offer to buy and an offer to sell, the purchase price will be the bid price of the offer to buy. SDSP, a limited-liability company headquartered in Volga, South Dakota, is owned by approximately 2, members, most of whom reside in South Dakota and nearby states. Making Your Supply Chain Smarter. The "bid" price is the price the interested Buyer is willing to pay to purchase capital units.    

 

South Dakota Soybean | New Soybean Processing Plant Creating New….



   

Operation is expected to begin in , and SDSP management noted engineering, permitting, and negotiations with state and local officials are still needed to finalize the project. Upon completion, SDSP expects the facility will result in the creation of 50 full-time jobs as well as increased value for area producers. The plant proposal is being well received in Mitchell. SDSP, a limited-liability company headquartered in Volga, South Dakota, is owned by approximately 2, members, most of whom reside in South Dakota and nearby states.

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SDSP began producing crude soybean oil, soybean meal and soybean hulls in late Since then the company has made significant capital improvements and expanded its business to include the development of vertically integrated product lines and services. In , SDSP completed the construction of a refining facility and began refining crude soybean oil. In April , SDSP completed construction of a deodorizer and now has the capacity to deodorize its refined oil. SDSP markets its soybean meal primarily to resellers, feed mills, and livestock producers as livestock feed.

SDSP also markets and sells multiple grades of soybean oil — crude, refined, and a deodorized salad oil, which are marketed and sold primarily to the food and biodiesel industries.

Under certain market conditions, SDSP may also register and deliver warehouse receipts for crude oil according to the terms and conditions of a Chicago Mercantile Exchange CME soybean oil futures contract. According to your browser functionality, this page will automatically refresh for up-to-the-minute bid pricing. All postings are time stamped using our Web Server clock. Share Type: Capital Unit.

View Sample Buyer's Contract. Share Class: Capital Unit. View Sample Seller's Contract. View Match History. The "bid" price is the price the interested Buyer is willing to pay to purchase capital units. The "ask" price is the lowest price at which the interested Seller is willing to sell Seller's capital units. If there is a match between an offer to buy and an offer to sell, the purchase price will be the bid price of the offer to buy.

Firm Offers All posted offers to sell and offers to buy are non-firm and non-binding, meaning that capital units posted for sale by Sellers are only matched and settled with Buyers' posted bids at the time the parties sign the Sale Confirmation and Contract. Waiting Period An offer to sell will not be matched with an offer to buy, unless the offer to sell has been posted for at least 15 days including the day of post.

Any modification of an offer to sell activates a new 15 day waiting period.



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