en.Wedoany.com Reported - U.S. retail seed company Beck's has agreed to acquire the Mid-State Seed soybean processing facility in Marshall, Missouri, from MFA Incorporated, to enhance its presence in the U.S. Midwest agricultural region. The acquisition aims to expand Beck's Seed production and distribution capabilities in the area; financial details have not been disclosed.
In a statement released on April 20, Beck's noted that the facility sits on 12 acres, equipped with high-efficiency seed treatment and distribution equipment, with an annual processing capacity of up to one million units and storage capacity exceeding 400,000 bushels. The facility includes approximately 150,000 square feet of warehouse space and 5,000 square feet of office space to support operations.
Scott Beck, President of Beck's, stated: "In the 2025 and 2026 seasons, Missouri is expected to be a key growth area for our soybean business. By investing in high-quality infrastructure, we are responding to the demand from farmers in Missouri, Iowa, and the western region for seed products."
During the operational transition, current employees of Mid-State Seed will have the opportunity to apply for positions offered by Beck's. Jim Hull, Beck's Processing, Inventory, and Wholesale Manager, added: "Beck's has long familiarity with this facility. Over the past few years, we have collaborated with Mid-State Seed on cleaning and packaging work, which will facilitate a smooth transition."
MFA Incorporated, a farmer-owned cooperative headquartered in Columbia, Missouri, stated that the sale of Mid-State Seed equity is part of its adjustment in seed processing strategy, aimed at better aligning with market and member needs. Jason Weirich, MFA's Chief Operating Officer, said: "We appreciate the contributions of the Mid-State team. After evaluation, partnering with contract processors is the best way to provide seed genetics that meet customer needs. Selling the facility ensures an orderly transition of operations and maintains customer continuity."
The acquisition is expected to close later this year, subject to customary closing conditions, and will further solidify Beck's Seed position in the U.S. Midwest soybean seed market.
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