South Dakota Soybean Processors
South Dakota Soybean Processors is a publicly traded soybean crusher founded in 1993 in Volga, South Dakota, producing soybean meal, oil, crude lecithin, and standardized lecithin for food, feed, and industrial ingredient markets. It operates the original Volga facility and the new $500M High Plains Processing plant near Mitchell, SD.
- Company typePrivate
- Founded1993
- HeadquartersVolga, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What South Dakota Soybean Processors does
South Dakota Soybean Processors (otcqb:SDSYA) is a publicly traded agricultural processor founded in 1993 and headquartered in Volga, South Dakota. The company operates soybean crushing facilities that produce soybean meal, soybean oil, crude lecithin, and standardized lecithin, serving food, feed, and industrial ingredient customers across the U.S. agricultural supply chain. Its core business model is commodity processing: purchasing soybeans from regional farmers, crushing them into meal and oil, and selling the outputs into wholesale ingredient markets, with value-added lecithin products providing margin diversification.
The company has historically operated a single plant at Volga, but in 2025 completed the $500M High Plains Processing facility near Mitchell, South Dakota, a major regional expansion that effectively doubles geographic footprint within the state and significantly increases total crush capacity. A partnership with BNSF Railway supplies integrated rail logistics for inbound soybean deliveries and outbound meal and oil shipments, lowering delivered costs and broadening the customer reach. The company employs 101-250 people and is listed on the otcqb market.
Financially, South Dakota Soybean Processors has experienced a multi-year revenue decline, with reported revenue falling from $721.5M in 2022 to $503.8M in 2025, a cumulative contraction of roughly 30%. EBITDA has compressed in parallel, from $75.2M to $28.9M, indicating material margin compression likely tied to soybean oil price weakness and elevated operating costs. Enterprise value is reported at $822.6M, consistent across the disclosed period. The newly commissioned Mitchell plant is the central offensive bet to restore growth and re-rate margins, but near-term trajectory remains pressured.
South Dakota Soybean Processors firmographics
Firmographics- Name
- South Dakota Soybean Processors
- Legal name
- South Dakota Soybean Processors
- Website
- https://sdsbp.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- South Dakota Soybean Processors is a publicly traded soybean crusher founded in 1993 in Volga, South Dakota, producing soybean meal, oil, crude lecithin, and standardized lecithin for food, feed, and industrial ingredient markets. It operates the original Volga facility and the new $500M High Plains Processing plant near Mitchell, SD.
- Ownership category
- akta.pro rank
South Dakota Soybean Processors industry classification
Industry- Product category
- Oilseed Processing and Soybean Products
- NAICS
- Soybean and Other Oilseed Processing (311224), Starch and Vegetable Fats and Oils Manufacturing (31122), Grain and Oilseed Milling (3112)
- SIC
- Grain Mill Products (2040), Fats & Oils (2070)
- akta.pro primary industry
- Soybean Farming (AFAGABAA)
- akta.pro secondary industries
- Grain Processing for Feed (Cracking, Rolling, Grinding) (AFADAIAF), Rice & Grain Processing (milling, polishing, parboiling, blending) (AFAKABAE)
Keywords
Where South Dakota Soybean Processors is headquartered
LocationHeadquarters
- HQ city
- Volga
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
South Dakota Soybean Processors business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel
Revenue model
- Soybean Processing and Oilseed Products: South Dakota Soybean Processors operates a soybean processing plant that produces soybean oil, soybean meal, and related oilseed products for agricultural and food industry customers.
South Dakota Soybean Processors product offering
Product offeringCore offering
South Dakota Soybean Processors operates an industrial soybean processing facility that crushes soybeans into soybean meal, soybean oil, crude lecithin, and standardized lecithin for sale to agricultural and food industry customers. The company's primary asset is the recently completed $500 million High Plains Processing plant near Mitchell, South Dakota, which supports large-scale oilseed crushing with integrated rail infrastructure access.
Differentiator
Problem solved
Functional benefit
Products and services
- Soybean Meal Soybean meal produced through oilseed crushing operations at the company's processing facility, sold to agricultural and food industry customers for use as an animal feed ingredient and food industry input.
- Soybean Oil Soybean oil produced from the soybean crushing process, sold to agricultural and food industry customers for food and industrial applications.
- Crude Lecithin Crude lecithin derived from soybean oil processing operations, sold to industrial and food ingredient customers.
- Standardized Lecithin Standardized lecithin produced by further refining crude lecithin from soybean oil processing, sold to food industry and industrial buyers.
- High Plains Processing Plant A $500 million soybean processing facility completed near Mitchell, South Dakota, serving as the company's primary soybean crushing operation with integrated BNSF rail infrastructure access.
Companies that use South Dakota Soybean Processors
Customer profileIdeal customer profiles1 record
South Dakota Soybean Processors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
South Dakota Soybean Processors partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BNSF RailwaycoreBNSF Railway provided rail infrastructure services supporting South Dakota Soybean Processors' High Plains Processing plant operations. The company was highlighted as a notable BNSF customer investment project in 2025, with BNSF investing in rail-served infrastructure to support the facility's logistics and supply chain operations.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
South Dakota Soybean Processors competitors and assessment
Company assessmentBroad incumbents
- Cargill: Privately held global agricultural giant with major soybean processing and oilseed crushing operations; broader portfolio but directly overlapping with South Dakota Soybean Processors in core crush and lecithin businesses.
- Wilmar International: Asia-headquartered agribusiness group with major oilseed crushing and edible oil processing operations; operates at significantly larger scale in soybean processing but competes in the same global meal/oil markets.
- Viterra: Global grain and oilseed merchant with soybean processing and crush operations across North America; comparable in core oilseed processing activities, though larger and geographically broader than South Dakota Soybean Processors.
- Louis Dreyfus Company: Global commodity merchant and major soybean processor with significant oilseed crushing capacity; broader geographic and product footprint but directly comparable core soybean processing operations.
Direct peers
- Bunge Global SA: Global agribusiness and major soybean processor with extensive oilseed crushing operations; directly comparable to South Dakota Soybean Processors in soybean meal, oil, and downstream product output.
- Ag Processing Inc (AGP): Farmer-owned soybean processing cooperative operating multiple crush plants across the Midwest; closest direct cooperative-style peer to South Dakota Soybean Processors with similar product mix and regional focus.
- Perdue Agribusiness: Vertically integrated agribusiness with soybean crushing and oilseed processing operations producing meal and oil; comparable business model and end-product mix to South Dakota Soybean Processors.
- Archer Daniels Midland (ADM): One of the world's largest agricultural processors and soybean crushers, directly competing with South Dakota Soybean Processors in oilseed crushing, meal/oil production, and lecithin manufacturing at significantly larger scale.
- CHS Inc. Large U.S. agribusiness cooperative with soybean processing, grain handling, and oilseed product operations in the Midwest; comparable cooperative structure and product portfolio to South Dakota Soybean Processors.
Others
- Green Plains Inc. U.S. agribusiness focused on ethanol and ingredient processing with adjacent agricultural processing operations; not a direct crush peer but shares Midwest agribusiness exposure and capital-markets listing profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
South Dakota Soybean Processors social profiles
Digital presenceSouth Dakota Soybean Processors financial estimates
Financial estimateRevenue estimate
Valuation estimate
South Dakota Soybean Processors leadership team
Management profileNumber of profiles
South Dakota Soybean Processors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
South Dakota Soybean Processors 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 South Dakota Soybean Processors
What does South Dakota Soybean Processors do?
South Dakota Soybean Processors operates an industrial soybean processing facility that crushes soybeans into soybean meal, soybean oil, crude lecithin, and standardized lecithin for sale to agricultural and food industry customers. The company's primary asset is the recently completed $500 million High Plains Processing plant near Mitchell, South Dakota, which supports large-scale oilseed crushing with integrated rail infrastructure access.
Is South Dakota Soybean Processors a public or private company?
South Dakota Soybean Processors is a private company. It is classified as public and is currently operating.
When was South Dakota Soybean Processors founded?
South Dakota Soybean Processors was founded in 1993. It employs 101 to 250 people.
Where is South Dakota Soybean Processors based?
South Dakota Soybean Processors is headquartered in Volga, United States, in the North America region.
How does South Dakota Soybean Processors make money?
One revenue line is on record: soybean Processing and Oilseed Products.
Who are South Dakota Soybean Processors's main competitors?
Broad incumbents on record are Cargill, Wilmar International, Viterra and Louis Dreyfus Company. Direct peers are Bunge Global SA, Ag Processing Inc (AGP), Perdue Agribusiness, Archer Daniels Midland (ADM) and CHS Inc.. Green Plains Inc. is listed as an others.
Does South Dakota Soybean Processors have an API?
No public API is recorded for South Dakota Soybean Processors.
What industry is South Dakota Soybean Processors in?
South Dakota Soybean Processors's product category is Oilseed Processing and Soybean Products. Its primary akta.pro industry code is AFAGABAA, Soybean Farming, with a secondary code of AFADAIAF, Grain Processing for Feed (Cracking, Rolling, Grinding). Its NAICS code is 311224 and its SIC code is 2040.