Gov. Pete Ricketts on Friday announced that the Nebraska Department of Agriculture has signed letters of intent with nine soybean processing companies in Bulgaria to promote the use of Nebraska-grown soybeans and soybean products in their facilities.
The nine companies want to maximize their output and are looking to source soybeans from Nebraska and other U.S. states. The companies currently use about 2 million metric tons of soybeans per year and have a total production capacity of 2.7 million metric tons.
The signed agreements come after executives and owners of the Bulgarian companies visited Nebraska earlier this year to learn more about soybean production in the state. They visited a soybean farm in Geneva, the Aurora Cooperative, the grain storage and trading operations of Gavilon and Scoular in Omaha, a shipping container/loading facility in Council Bluffs and the ADM soybean processing facility and power plant in Lincoln.