USA based farmer cooperative MFA established new grain-handling facility in Columbia by investing $25 million. New facility is expected to create export area for cooperative.
Farmer cooperative MFA Inc which serves in Columbia, USA with more than 45,000 members lifted the curtain this week on a new grain-handling facility that could signal the onset of a new era in exports for the regional cooperative. According to explanation of company, the complex, located in Caldwell County, Columbia cost more than $25 million to build. It represents the largest single investment in the century of MFA history. The facility can move 60,000 bushels of grain per hour. A 110-car shuttle train will be able to hold about 420,000 bushels of corn or 380,000 bushels of soybeans — with loading finished in less than eight hours. There will be a permanent grain storage of two million bushels to relieve pressure on MFA’s smaller elevators.The cooperative’s grain division will be able to reach into new markets as exporters.