COFCO to invest $400 mln in Brazil’s largest soybean crushing complex

Chinese state-owned agribusiness giant COFCO has announced a major expansion of its operations in Brazil, with plans to build the largest soybean crushing complex in the country.

The investment will be carried out by its overseas arm, COFCO International, which will allocate more than 2 billion Brazilian reais (approximately $400 million) to expand its existing processing facility in Rondonópolis. The project is expected to be completed by early 2028.

COFCO is China’s largest food processor, manufacturer, and trader, and one of Asia’s leading agribusiness companies. The group plays a key role in China’s domestic grain supply chain and is a major global trader of soybeans, corn, and other agricultural commodities.

Following the expansion, the plant’s crushing capacity will double. Currently, the facility processes around 4,500 tonnes of soybeans per day, but after the upgrade, daily capacity is projected to reach approximately 10,000 tonnes, making it the largest soybean crushing complex in Brazil.

The plant produces soybean meal, soybean oil, and biodiesel—key products for global feed and energy supply chains as well as Brazil’s domestic market. The expansion will also strengthen Rondonópolis’ position as a major agribusiness hub in central-west Brazil, often referred to as the “Capital of Agribusiness.”

Tags: soybean, COFCO, Brazil