What Shell Rock Soy Processing does

Shell Rock Soy Processing (SRSP) is an independently owned soybean crushing company operating a single state-of-the-art crush facility at Butler Logistics Park in Shell Rock, Iowa, which was commissioned and began production in January 2023. The facility is described as the first independently built and owned company to join the US soy crush industry in many years. SRSP procures soybeans directly from farmers within approximately a 50-mile radius and processes them into four primary commercial outputs: soybean meal, soybean hulls, soybean oil, and unprocessed soybeans, serving end markets in animal feed, food ingredients, and renewable fuels.

The company's commercial platform combines direct farmer procurement via competitive bidding (supported by the SRSP Grower App, a cihedging.com customer portal, and a merchandising team reachable at 319-419-6431) with downstream distribution through CHS Inc. for meal and soyhull pellets (truck and rail sales contacts identified) and direct enterprise supply relationships for soybean oil, including a named offtake agreement with Phillips 66 for renewable fuel feedstock. The 60+ person leadership and operations team carries 100+ years of collective industry experience, with executives drawn from Cargill, ADM, and The Andersons.

SRSP is structured as a private Iowa LLC, employs 60+ people as of 2026, and in June 2026 announced a joint venture with Bartlett (a Savage Company) to combine soybean crush operations across facilities in Cherryvale, Kansas and Shell Rock, Iowa, with both sites designed to double current capacity and an expected close in January 2027. Revenue is generated through transaction-based product sales with bid-based procurement pricing on the input side and spot pricing for meal and hulls on the output side; no public pricing or financial disclosures are available.

Name

Shell Rock Soy Processing

Legal name

Shell Rock Soy Processing LLC

Website

https://shellrocksoyprocessing.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Shell Rock Soy Processing is an independently owned Iowa soybean crushing facility that converts regionally procured soybeans into meal, hulls, and oil for animal feed, food, and renewable fuel customers, and has announced a joint venture with Bartlett (Savage Company) to double capacity across Iowa and Kansas.

Ownership category

akta.pro rank

Headquarters

HQ city

Shell Rock

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Soybean Product Sales: Revenue generated from selling processed soybean products including soybean meal, soybean oil, and soyhulls. The company buys soybeans from farmers within a 50-mile radius, processes them, and sells the resulting products to customers in feed, food, and renewable fuel industries.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Shell Rock Soy Processing (SRSP) operates a state-of-the-art soybean crushing facility commissioned in January 2023 in Shell Rock, Iowa, that buys soybeans from regional farmers and crushes them into soybean meal, soybean hulls, and soybean oil. The processed products are sold to commercial customers in the animal feed, food, and renewable fuel industries through distribution partner CHS Inc. and direct supply relationships.

Product overview

Shell Rock Soy Processing (SRSP) operates a soybean crushing facility that transforms soybeans into four primary products: Soybean Meal (high-protein animal feed), Soy Hulls (fiber-based feed ingredient), Soybean Oil (supplied to renewable fuels and food markets), and Soybeans (procured from regional farmers within a 50-mile radius). The company also provides the SRSP Grower App as a mobile platform for growers to access bidding and account management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Soybean Meal High-protein soybean meal produced from soybean crushing operations at SRSP's Shell Rock, Iowa facility, sold to commercial feed customers for animal nutrition. Distribution is handled by CHS Inc. via truck (Sam Seelos) and rail (Dan Bethke) sales channels.
• Soy Hulls Soybean hulls (pellets) produced as a byproduct of soybean crushing at SRSP's Shell Rock, Iowa facility, sold as fiber-based feed ingredients for livestock. Distribution is handled by CHS Inc. via truck and rail sales channels.
• Soybean Oil Crude soybean oil produced from soybean crushing operations at SRSP's Shell Rock, Iowa facility, supplied via direct enterprise relationships to renewable fuels and food industry customers, including Phillips 66 for renewable fuel production.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Bartlett (A Savage Company)coreStrategic or Co-development Partner · 18 June 2026Bartlett and Shell Rock Soy Processing announced intent to combine their soybean crush businesses in a joint venture. The transaction will merge Bartlett's 118-year history in grain sourcing and processing with SRSP's oilseed crush expertise. The combined entity will include crush plants in Cherryvale, Kansas and Shell Rock, Iowa, with both facilities designed to double current capacity. Subject to due diligence and closing conditions, expected to close January 2027.
• CHS Inc.coreChannel Partner/ Reseller/ DistributorCHS Inc. serves as the distribution partner for SRSP's soybean meal and soyhull products. CHS sales contacts handle truck sales (Sam Seelos) and rail sales (Dan Bethke) for soybean meal and soyhull pellets, managing the commercial distribution of these processed products.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Scoular: Privately held U.S. agribusiness that operates oilseed processing and grain origination, increasingly active in soybean crush; an independently owned peer with comparable supply-side dynamics to SRSP.
• Cargill: Largest privately held U.S. agribusiness with a major soybean processing footprint; a directly comparable soybean-crushing incumbent, and notably the career home of SRSP's CEO (20+ years) and Director of Operations (~30 years).
• Archer Daniels Midland (ADM): Global agribusiness and one of the largest U.S. oilseed processors; directly competes with SRSP in soybean crushing and merchandises meal, oil and hulls. SRSP's Director of Merchandising and Risk spent 10+ years at ADM in oilseed processing roles.
• Bunge Limited: Leading global oilseed processor and grain originator with large U.S. soybean crush capacity; directly competes with SRSP on soybean crushing economics and downstream meal and oil off-take.
• CHS Inc. U.S. farmer-owned cooperative that is one of the country's largest soybean processors and also SRSP's distribution partner for meal and soyhulls — a strategically dual relationship as both peer and channel.
• Ag Processing Inc (AGP): Farmer-owned cooperative operating multiple soybean processing plants across the Midwest; directly comparable to SRSP as a cooperative/independent soybean crusher producing meal, hulls and oil.
• Louis Dreyfus Company: Part of the ABCD grain traders with a significant U.S. and global oilseed crush footprint; competes with SRSP on soybean processing and downstream oil/meal marketing into food and renewable fuel markets.
• Perdue Agribusiness: Operates soybean processing facilities on the U.S. East Coast producing meal, oil and hulls; comparable independent-style crusher supplying food, feed and biofuel customers much like SRSP.
• Bartlett (A Savage Company): 118-year-old grain and processing company with a soybean crush plant in Cherryvale, Kansas; SRSP's announced JV partner to combine crush businesses, making it a directly comparable oilseed processor operating in the same industry.
• Viterra: Global grain and oilseed merchandiser/processor with U.S. soybean crush assets; competes with SRSP at the origination and processing layer, particularly as Bunge continues integrating the Viterra network.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/shell-rock-soy-processing

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Shell Rock Soy Processing