South Dakota Soybean Processors Llc's Business Segments

South Dakota Soybean Processors, LLC owns and operates a soybean processing plant and a soybean oil refinery in Volga, South Dakota. We also own and operate an oilseed processing plant located approximately five miles east of Miller, South Dakota, which we purchased on December 19, 2014 and have been operating since April 30, 2015. We are owned by approximately 2,200 members, most of whom reside in South Dakota and neighboring states and many of whom deliver and sell soybeans to our plant for processing.

Soybean Processing
We process soybeans at our two crushing plants to extract the soybean oil from the protein and fiber portions of the soybean. Approximately 80% of a soybean bushel is processed and sold as soybean meal or hulls. The remaining percentage of the soybean is extracted as crude soybean oil. The crude soybean oil may be sold directly to customers, or we may process the crude into refined soybean oil for future sale.

Polyurethane
Until December 2011, we produced a bio-based polyol called Soyol® which was used in industrial applications for the polyurethane industry. We sold Soyol® to USSC, our then wholly-owned subsidiary, which, in turn, marketed and sold Soyol® and polyurethane resin systems to customers.