The Mid-Iowa Cooperative, a farmer-owned cooperative based in east-central Iowa, and Mike Kinley, chief executive officer of Mid-Iowa, are trying to create a new company called Shell Rock Soy Processing (SRSP) LLC. SRSP would build a new soybean crushing plant at the Butler Logistics Park northwest of Shell Rock, IA. The planned plant would be operational in 2022 and be able to crush 38.5 million soybean bushels on an annual basis. The plant would also create 50 to 60 jobs. Mid-Iowa would own a portion of SRSP, which will cost approximately $270 million to build, and would help originate soybeans for the plant. Groundbreaking for the new facility was in October 2020 with Minnesota-based Fagen Inc. selected to provide engineering, procurement, and construction on the project. Once finished, the operators plan for the plant to load and unload about 35 railcars and up to 150 trucks daily at peak capacity. The crushed soybeans will supply a local ethanol plant, Flint Hills Resources in Shell Rock, IA. Mid-Iowa, headquartered in Beaman, IA, has a diverse client portfolio serving 1,400 members across the state and is the largest direct-ship farm-to-market grain procurement company in the Midwest.