Mid-Iowa Cooperative is spear­­heading plans to build a new soybean crushing plant near Shell Rock that will create a surge in demand for Iowa soybean growers.

The Shell Rock Soy Processing (SRSP) plant will crush 38.5 million bushels of soybeans an­­nually, or 110,000 bushels daily, and create 50 to 60 jobs. Groundbreaking for the $270...