White River Soy Processing

What White River Soy Processing does

White River Soy Processing, LLC (doing business as White River Nutrition) is a privately held, Omaha-headquartered developer and operator of oilseed processing facilities, founded in 2022 by Walter Cronin and Gordon Glade. The company processes both non-GMO and GMO soybeans into a six-product portfolio: soybean meal and soybean oil for animal feed applications, plus soybean flour, hulls, white flake, and grits (in 20/70/90 PDI grades) for food manufacturers. Technology is conventional solvent extraction and extrusion, supplemented by a commodity price risk management platform (RadarRadar) and a farmer-facing contract portal (MyGrower).

The asset base consists of two acquired facilities, the Seymour, Indiana crush plant (purchased from Benson Hill on October 31, 2023 for approximately $36 million, with ~30 team members retained) and the Creston, Iowa food-grade facility (purchased from Benson Hill Ingredients, LLC on February 13, 2024 for approximately $36 million, with ~55 team members retained). A third, greenfield plant is being developed at the Hershey Rail Park near North Platte, Nebraska, where the company was selected as anchor tenant in December 2023; the project remains contingent on completion of an ongoing capital raise and is backed by the North Platte Chamber & Development Corporation, Union Pacific Railroad, and Nebraska state officials. Total headcount stands at approximately 85 employees, supporting primarily Midwest operations with international shipping capability for soybean meal.

Revenue is generated through transaction-based, per-load sales of soybean meal, oil, flour, hulls, flake, and grits to feed and food manufacturers, plus inbound grain procurement from regional farmers via a dedicated grain-buying program at both plants. Pricing is commodity-based and negotiated per transaction; no public price list is disclosed. The commercial motion is B2B sales-led through VP of Commercial Operations Matt Payne, targeting livestock/poultry/aquaculture producers, food manufacturers (a confirmed enterprise relationship with IFF on food-grade soy ingredients), and global buyers. The company is supported by agricultural-focused investors, joined NOPA in March 2024, and rebranded from White River Soy Processing to White River Nutrition in April 2024 to reflect its expanded food-and-feed portfolio.

Name

White River Soy Processing

Legal name

White River Soy Processing, LLC

Website

https://whiteriversoy.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Short description

White River Nutrition (formerly White River Soy Processing) is a privately held U.S. soybean processor that operates crush and food-grade facilities in Seymour, Indiana and Creston, Iowa, producing non-GMO and GMO soybean meal, oil, flour, hulls, flake, and grits for feed manufacturers, food companies, and international buyers, with a third plant planned in Nebraska.

Ownership category

akta.pro rank

Product category

Oilseed Processing

NAICS

Soybean and Other Oilseed Processing (311224), Grain and Oilseed Milling (3112)

SIC

Grain Mill Products (2040)

akta.pro primary industry

Grain Processing for Feed (Cracking, Rolling, Grinding) (AFADAIAF)

akta.pro secondary industries

Protein Meals & Byproduct Feeds for Ruminants (Soybean Meal, Canola Meal, DDGS, Beet Pulp) (AFADAAAG), Byproduct & Co-Product Feed Blending (DDGS, soybean hulls, wheat midds) (AFADAIAG)

Keywords

• Soybean processing
• Oilseed crushing
• Soybean meal production
• Food-grade soy ingredients
• Animal feed ingredients

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Soybean Meal Sales: Primary revenue stream from selling high-protein soybean meal produced via solvent extraction, sold as both non-GMO and GMO variants for livestock, poultry, and aquaculture feed. The company has specially designed load-out capacity for international shipping.
2. Soybean Oil Sales: Revenue from crude degummed soybean oil and crude soybean oil (both non-GMO and GMO) sold for food and feed applications, including cooking, baking, salad dressings, and feed formulations.
3. Food-Grade Soy Ingredients: Revenue from food-grade soybean products including white flake, flour, and grits sold to food manufacturers for use in consumer products, baked goods, cereals, bars, and meat alternatives.
4. Soybean Hulls Sales: Revenue from soybean hulls sold as a fiber-rich feed ingredient for livestock (cattle and sheep), providing digestible energy and supporting healthy digestion.
5. Grain Sourcing / Soybean Purchasing: The company purchases soybeans directly from local farmers through its grain-buying program at Seymour and Creston facilities, supporting its processing operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

White River Nutrition operates soybean processing facilities that crush soybeans into high-protein soybean meal for livestock, poultry, and aquaculture feed, crude degummed soybean oil for food and feed applications, and food-grade soy ingredients including white flake, flour, and grits (in 20, 70, and 90 PDI grades) for food manufacturers. The company also directly purchases soybeans from local farmers through grain-buying programs at its Seymour, Indiana and Creston, Iowa plants.

Product overview

White River Nutrition (formerly White River Soy Processing) is a developer and operator of oilseed processing facilities in the U.S. that produces a comprehensive portfolio of soybean products. The company operates processing plants in Seymour, Indiana and Creston, Iowa, with a planned facility in North Platte, Nebraska. The product portfolio centers on soybean meal (high-protein animal feed ingredient), soybean oil (for food and feed), soybean flour, soybean hulls, soybean flake, and soybean grits (all food-grade ingredients). The company also provides grain sourcing services directly from local farmers. The vertically integrated operation spans from raw soybean procurement through processing to finished product distribution for food and feed markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Soybean Meal High-protein feed ingredient processed via solvent extraction to ensure optimal nutrient retention. Serves as a vital protein source for livestock, poultry, and aquaculture diets. Available in non-GMO and GMO varieties with dedicated load-out capacity for international shipping.
• Soybean Oil Non-GMO and GMO soybean oil produced for food and feed applications, including cooking, baking, and salad dressings due to its light flavor and high smoke point, and as an essential component in feed formulations.
• Soybean Flour Ground from GMO and non-GMO soybeans, offering a nutrient-rich, high-protein, low-carbohydrate ingredient for food manufacturers producing baked goods, cereals, bars, and other food items.
• Soybean Hulls Fiber-rich feed ingredient for livestock, especially cattle and sheep, providing digestible energy that supports healthy digestion and nutritional balance in animal diets.
• Soybean Flake Food-grade soy white flake offering crunch, protein, and essential nutrients for food manufacturers producing health foods, snacks, baked goods, and cereals.
• Soybean Grits Coarse-textured, versatile, plant-based protein ingredient serving cereals, nutrition bars, and meat extenders in food manufacturing applications.
• Grain Buying Direct procurement of soybeans from local growers at Seymour and Creston, supported by the MyGrower digital platform for digital contract signing, invoice access, scale tickets, and grain quality tracking.

Quantifiable outcome

• Supports animal nutrition with high-protein soybean meal for livestock, poultry, and aquaculture
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• RadarRadarcoreTechnology or Integration · 1 December 2024RadarRadar, a leading SaaS commodity price risk management platform founded in 2010, was selected by White River Nutrition as its commodity price risk reporting solution. The platform enables White River to automate position tracking, analyze underlying positions, optimize hedging strategies, and implement a Risk Governance Policy with daily risk exposure reports. RadarRadar co-founders include Ito van Lanschot, Norbert Verhagen, and Alexander Regnault (COO).
• NOPA (National Oilseed Processors Association)coreOthers · 1 March 2024White River Nutrition joined NOPA as a processor member in March 2024. NOPA represents the soybean, canola, flaxseed, safflower seed, and sunflower seed crushing industries. White River's membership provides industry advocacy, representation covering over 95% of U.S. soybean crush capacity (2+ billion bushels annually), and a collective voice on issues affecting U.S. soybean processors.
• North Platte Chamber & Development CorporationcoreStrategic or Co-development Partner · 1 December 2023The North Platte Chamber & Development Corporation selected White River Soy Processing for exclusive development of an oilseed processing plant at the Hershey Rail Park. The Chamber conducted a multi-month feasibility study to land an oilseed crushing plant in the region, offering an incentive package and ideal Midwestern location with inland port authority. The project has received support from Nebraska Governor Jim Pillen, Union Pacific Railroad, Nebraska Legislature, Lincoln County Commissioners, and local landowners.
• Union Pacific RailroadminorStrategic or Co-development Partner · 1 December 2023Union Pacific Railroad is listed as a supporting partner for White River's planned oilseed processing plant at the Hershey Rail Park near North Platte, Nebraska. The rail infrastructure is a key component of the project's logistics capability.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Consolidated Grain and Barge (CGB): Operates grain origination, barge, and soybean processing operations producing meal and oil for feed markets. Comparable in integrated farmer-to-processor supply chain, Midwest asset base, and B2B sales to feed customers.
• Ag Processing Inc (AGP): US farmer-owned cooperative operating soybean processing plants producing meal, oil, and refined ingredients. Closely comparable to White River in cooperative-style farmer sourcing, multi-product portfolio, and Midwest plant footprint.
• Perdue Agribusiness: Operates soybean crushing, extruding, and refining assets producing meal, oil, and specialty food-grade ingredients. Highly comparable to White River in scale, footprint, and dual feed/food-grade orientation; notably, White River's Seymour Plant Manager Adam Zel was Perdue's former Senior Director of Crush and Extruder Operations.

Emerging players

• SunOpta: Plant-based and specialty food ingredient company with a soy and oat ingredients portfolio. Comparable on the food-grade soy ingredient side, with overlap in serving plant-based protein and beverage customers, though SunOpta is more downstream and consumer-brand oriented.

Broad incumbents

• Bunge Global: One of the world's largest oilseed processors, operating US soybean crush and food ingredient businesses. Comparable on the core soybean processing business, while White River's VP Commercial Operations Matt Payne spent seven years in Bunge's Milling Division.
• Cargill: Largest privately held agribusiness, with extensive US soybean processing capacity and downstream food ingredient customers. Direct overlap with White River on soybean meal, oil, and food-grade soy, but as a much broader portfolio player.
• ADM (Archer Daniels Midland): Global agribusiness with a major US soybean crushing footprint and a sizable specialty food ingredients business. Overlaps with White River on both commodity crush and value-added soy ingredients, but at vastly greater scale and product breadth.
• CHS Inc. Largest US ag cooperative, operating soybean crushing plants serving feed and food markets. Comparable in farmer-sourcing model and product mix, while operating at significantly larger scale across energy, grains, and crop nutrients.

Others

• Benson Hill: Former owner of both the Seymour, IN and Creston, IA facilities sold to White River in 2023-2024. Provides direct comparability on the food-grade soy product portfolio and processing technology, though Benson Hill has since exited the crushing/ingredients business to focus upstream on seed genetics.

Regional players

• Zeeland Farm Services: Michigan-based, family-owned soybean processor producing non-GMO and GMO meal, oil, and food-grade soy ingredients. Comparable in non-GMO focus and food-grade soy portfolio, but serves a more regional Midwest footprint than White River's national export ambition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/in/walter-cronin-2160b331

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about White River Soy Processing