Farmers invest $1.3m in soybean export facility

Aug 08, 2024
By Farms.com

Grays Harbor gets major boost from soy farmers

 

The Farmer leaders presented a $1.3 million check to the Port of Grays Harbor on July 30th. This investment supports the Terminal 4 Expansion and Redevelopment Project, which is set to significantly increase the port's soybean meal export capabilities by 2026.

The funding initiative was part of the broader activities of the Soy Transportation Coalition's summer board meeting, which focused on enhancing export facilities critical to U.S. agriculture.

The Port of Grays Harbor's expansion is a pivotal project, set to increase its export capacity from 3 million to over 6 million metric tons annually.

This expansion includes not only the construction of new storage facilities and ship loaders at Terminal 4 but also substantial infrastructure upgrades such as additional railroad tracks and a new stormwater treatment facility. These enhancements are designed to handle the increased export volume efficiently and sustainably.

The investment, supported by the United Soybean Board and various state soybean associations, reflects a strategic approach to agricultural growth, emphasizing the importance of infrastructure in supporting farmer profitability and U.S. competitiveness in global markets.

Leaders like Phil Papac of the Port of Grays Harbor and Chris Brossart of the North Dakota Soybean Council highlighted the project's significance not just for the local community but for the entire U.S. agricultural export framework, underscoring the critical link between investment in infrastructure and the success of the nation's farmers.

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