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South Dakota Soybean Processors Enters Amended and Restated Credit Agreement

Nov 25, 2025•7 months ago

Contract Type

credit_agreement

United StatesFood and BeverageAgriculture and FarmingFarming

Description

On November 24, 2025, South Dakota Soybean Processors, LLC entered into an Amended and Restated Credit Agreement with CoBank, ACB. This agreement updates the existing Credit Agreement by reducing the principal available under the seasonal loan from $70 million to $20 million. Additionally, the maturity date is extended to December 1, 2026. The agreement also revises the unconsolidated working capital requirement from $14 million to $10 million.

Company Information

Company

South Dakota Soybean Processors

Location

United States

About

South Dakota Soybean Processors, LLC is engaged in processing soybeans into high-quality edible oil and meal, serving the agricultural industry primarily in South Dakota and surrounding regions. The company's core activities include oil extraction and meal production, catering to food and feed markets. With a strategic focus on sustainable practices and quality, South Dakota Soybean Processors aims to support local farmers while enhancing the agricultural supply chain. The company has recently declared a cash distribution to its members, indicating a strong financial performance, with approximately $8.5 million distributed to enhance member value.

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