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Bunge shuts Illinois soy processing plant after fire
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Bunge shuts Illinois soy processing plant after fire
Dec 26, 2024 12:51 PM

CHICAGO, Dec 26 (Reuters) - Bunge Global ( BG ) has

temporarily shut a soybean processing plant in Cairo, Illinois,

after a fire in a conveyor belt on Thursday, the grain company

said.

The company, one of the world's top agricultural merchants,

is assessing damage at the facility to determine when it can

resume operations, spokesperson Deb Seidel said. No one was

injured, she added.

Firefighters from Cairo, located at the confluence of the

Mississippi and Ohio rivers in southern Illinois, and

surrounding areas responded to the blaze, according to the

city's police department.

Concerns about processing disruptions from the fire helped

support Chicago Board of Trade soybean and soymeal

futures, which hit a two-month high.

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