Ag Processing
Ag Processing is a member-owned cooperative and the fourth-largest U.S. soybean processor, operating 11 processing plants, 5 refineries, and 3 biodiesel facilities to supply soybean meal, refined oil, AminoPlus, and renewable fuels to food, feed, dairy, and biofuel customers.
- Company typePrivate
- Founded1983
- HeadquartersOmaha, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ag Processing does
Ag Processing Inc (AGP) is a member-owned agricultural cooperative headquartered in Omaha, Nebraska, founded in 1983 when Land O'Lakes, Boone Valley Cooperative Processing Association, and Farmland Industries combined their soybean processing assets. The company operates as the fourth-largest soybean processor in the United States and the largest west of the Mississippi River, running 11 soybean processing plants, five vegetable oil refineries, and three biodiesel production facilities with a combined annual biodiesel capacity of 175 million gallons. AGP processes over 20,000 acres of soybeans daily and markets a portfolio of branded products including soybean meal, refined soybean oil (AGSOY), AminoPlus bypass protein, SoyGold methyl esters, biodiesel, crude glycerin, lecithin, and grain.
AGP's business model is built on an integrated commodity chain: member cooperatives and approximately 200,000 farmer-owners supply soybeans that are crushed into meal and crude oil, then refined into food-grade oils, processed into renewable fuels, or exported. The cooperative returns earnings annually as patronage distributions to its 150+ member cooperatives. The company sells through direct relationships to food manufacturers and food service operators, dedicated bulk-vessel export channels (via the Aberdeen, WA terminal and offices in China, Mexico, Philippines, and Slovakia), and proprietary mobile apps (AGP Fast Lane, AGP Cash Bids) for grain bid transparency. AGP also operates a wholly-owned European subsidiary (AGP Slovakia, s.r.o.) supporting commodity marketing activities.
Recent strategic activity has centered on capacity expansion: in July 2025, AGP opened its 11th soybean processing and degumming facility in David City, Nebraska, capable of processing 50+ million bushels annually and producing nearly 700 million pounds of degummed oil per year, supporting 80+ full-time jobs. The company holds industry-standard certifications (BQ-9000 for biodiesel, SQF food safety, GMP+ feed safety, GFSI, Star-K, OU, and IFANCA religious certifications) that enable it to supply both domestic and export markets across food, feed, and biofuel applications. Leadership transitioned in 2025 with Dean Thernes elected Chairman, Larry Oltjen as Vice Chairman, and Rob Jacobs as Secretary/Treasurer.
Ag Processing firmographics
Firmographics- Name
- Ag Processing
- Legal name
- Ag Processing Inc a cooperative
- Website
- https://agp.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Ag Processing is a member-owned cooperative and the fourth-largest U.S. soybean processor, operating 11 processing plants, 5 refineries, and 3 biodiesel facilities to supply soybean meal, refined oil, AminoPlus, and renewable fuels to food, feed, dairy, and biofuel customers.
- Ownership category
- akta.pro rank
Where Ag Processing is headquartered
LocationHeadquarters
- HQ city
- Omaha
- HQ country
- United States
- HQ region
- North America
Offices21 records
Markets served
Ag Processing business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Soybean Processing: AGP operates 11 soybean processing plants producing soybean meal and crude soybean oil. Soybean meal is marketed to domestic and global customers as a primary source of protein in livestock rations. Crude soybean oil is further processed in AGP's refineries.
- Refined Soybean Oil: AGP processes crude soybean oil at five refineries for food applications including salad oils, margarines, mayonnaise, shortenings, cooking oils, and potato chips. Also produces lecithin and co-products.
- Renewable Fuels/Biodiesel: AGP's three biodiesel production facilities process a significant portion of refined soybean oil into biodiesel, solvents, and adjuvants. Biodiesel is marketed as a renewable fuel for blending with diesel.
- AminoPlus: High-performance soy bypass protein product for dairy industry, providing rumen undegradable protein for superior milk yield and dairy performance.
- Grain Merchandising: AGP operates terminal and country elevators buying and selling corn and soybeans. Grain products transported via truck, rail, barge, and bulk vessel shipments.
- Export Operations: Export of soybean meal, soy hulls, AminoPlus, distillers dried grains, wheat, corn, and soybeans to international markets through bulk vessel, container, barge, and railcar shipments.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Ag Processing product offering
Product offeringCore offering
Ag Processing Inc (AGP) is a member-owned agricultural cooperative that procures, processes, markets, and transports oilseeds, grains, and related products. The company operates 11 soybean processing plants producing soybean meal and crude soybean oil, five refineries producing refined soybean oil and lecithin, and three biodiesel production facilities. Core branded offerings include AminoPlus dairy bypass protein, SoyGold methyl ester solvents and adjuvants, AGSOY refined oils, and grain merchandising (corn and soybeans) with export capabilities.
Product overview
AGP operates as an integrated agribusiness offering soybean processing, vegetable oil refining, renewable fuels production, and grain marketing. Core products include soybean meal and crude soybean oil from 11 processing plants, refined soybean oil and lecithin from 5 refineries, biodiesel and SoyGold methyl ester products from 3 biodiesel facilities, grain trading operations, and AminoPlus bypass protein for dairy. The integrated model processes soybeans from raw commodity through refined food and fuel products, with co-products including soy hulls, lecithin, and crude glycerin.
Differentiator
Problem solved
Functional benefit
Brands
- AminoPlus®: High-performance soy bypass protein product for the dairy industry. The largest volume bypass soybean product produced in the United States.
- SoyGold
- AGSOY
Products and services
- Soybean Meal
Quantifiable outcome
- 57% reduction in lifecycle greenhouse gas emissions with biodiesel compared to conventional diesel
- +3 more outcomes
Companies that use Ag Processing
Customer profileSegments5 records
Ideal customer profiles5 records
Ag Processing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ag Processing partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights4 records
Ag Processing competitors and assessment
Company assessmentDirect peers
- Archer Daniels Midland: One of the world's largest agricultural processors and merchandisers, with major soybean crushing, oil refining, and biodiesel/renewable diesel operations that directly overlap AGP's core business across the U.S. and globally.
- Bunge Global: Global agribusiness with extensive soybean processing, oilseed crushing, and refining operations, including significant U.S. capacity that directly competes with AGP for soybean origination and downstream oil/meal customers.
- Cargill: Privately held global agribusiness with soybean crushing, oil refining, and biodiesel assets across the U.S. Midwest, directly comparable to AGP's integrated processing model.
- CHS Inc. U.S. farmer-owned cooperative with soybean processing, oil refining, and renewable fuels operations; structurally and operationally the closest U.S. cooperative peer to AGP.
- Louis Dreyfus Company: Global merchandiser and processor of oilseeds and grains with U.S. crushing assets that compete with AGP for soybean supply and downstream oil/meal markets.
- Perdue AgriBusiness: U.S. oilseed processor and grain merchandiser operating soybean crushing facilities on the East Coast and internationally, competing with AGP for soybean meal and oil customers.
- Riceland Foods: Farmer-owned cooperative headquartered in Arkansas that mills rice and processes soybeans, sharing AGP's cooperative ownership model and competing in soy processing and grain merchandising.
Emerging players
- Scoular: U.S. agricultural commodity merchandiser with grain handling and oilseed processing capabilities, partially overlapping with AGP's grain merchandising and feed ingredient businesses.
- Minnesota Soybean Processors: Farmer-owned cooperative operating a soybean crushing and biodiesel facility in Brewster, Minnesota; a smaller Midwest cooperative peer competing for the same grower base and biodiesel markets as AGP.
- Bartlett and Company: Privately held agribusiness involved in grain merchandising and processing with a regional Midwest footprint, partially comparable to AGP's grain merchandising business.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Ag Processing social profiles
Digital presenceAg Processing compliance and trust
Trust signalCompliance5 records
Ag Processing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ag Processing leadership team
Management profileNumber of profiles
Profiles10 records
Ag Processing subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ag Processing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ag Processing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ag Processing
What does Ag Processing do?
Ag Processing Inc (AGP) is a member-owned agricultural cooperative that procures, processes, markets, and transports oilseeds, grains, and related products. The company operates 11 soybean processing plants producing soybean meal and crude soybean oil, five refineries producing refined soybean oil and lecithin, and three biodiesel production facilities. Core branded offerings include AminoPlus dairy bypass protein, SoyGold methyl ester solvents and adjuvants, AGSOY refined oils, and grain merchandising (corn and soybeans) with export capabilities.
Is Ag Processing a public or private company?
Ag Processing is a private company. It is classified as management employee owned and is currently operating.
When was Ag Processing founded?
Ag Processing was founded in 1983. It employs 1,001 to 5,000 people.
Where is Ag Processing based?
Ag Processing is headquartered in Omaha, United States, in the North America region.
How does Ag Processing make money?
Six revenue lines are on record. Soybean Processing is the primary driver. The others are refined Soybean Oil, renewable Fuels/Biodiesel, aminoPlus, grain Merchandising and export Operations.
Who are Ag Processing's main competitors?
Direct peers on record are Archer Daniels Midland, Bunge Global, Cargill, CHS Inc., Louis Dreyfus Company, Perdue AgriBusiness and Riceland Foods. Emerging players are Scoular, Minnesota Soybean Processors and Bartlett and Company.
Does Ag Processing have an API?
No public API is recorded for Ag Processing.