Published July 11, 2012, 07:24 AM

$1B fertilizer plant planned for Dakotas, Minnesota

FARGO, N.D. (AP) — Corn growers and fertilizer industry officials are considering building a $1 billion plant in the upper Midwest that could produce enough nitrogen fertilizer to feed about 12 percent of the corn and wheat acres in the Dakotas and Minnesota.

FARGO, N.D. (AP) — Corn growers and fertilizer industry officials are considering building a $1 billion plant in the upper Midwest that could produce enough nitrogen fertilizer to feed about 12 percent of the corn and wheat acres in the Dakotas and Minnesota.

Organizers have completed a feasibility study and are evaluating potential sites in the three states, according to the North Dakota Corn Growers Association. They also are doing business planning and will be setting up a structure that would enable farmers to invest, Executive Director Tom Lilja said.

A plant likely would be funded by farmers and private interests. Other options include investments from Canadian producers and farmers outside the tri-state area.

Officials began studying the project last year with help from the Department of Agribusiness and Applied Economics at North Dakota State University.

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