Landus, Pork Producer AMVC Partner on New Iowa Feed Mill
Farmer-owned cooperative Landus and pork producer AMVC are partnering on a new feed mill to be located at the existing Landus grain facility located in Hamlin, Iowa.
This new facility, which will produce up to 400,000 tons of swine feed per year, is expected to generate annual demand for about 8.5 million bushels of corn and 48,000 tons of soybean meal.
The corn demand for this project will exceed existing storage capacity at Landus’ Hamlin location, which will lead the company to leverage its proximate grain assets, including its recently acquired site in Panora, Iowa, which was gained through an asset swap with Heartland Co-op to supply corn to the new mill.
Under the terms of the partnership, AMVC will own and operate the feed mill, while Landus will be responsible for originating the necessary grain though its network of local farmer-owners - a situation that AMVC stated will give it greater control of its long-term biosecurity and traceability.