Item 2. Properties
Item 2. PROPERTIES
The Company’s operations are such that most products are efficiently processed near the source of raw materials. Consequently, the Company has many plants strategically located in agricultural commodity producing areas. The annual volume of commodities processed will vary depending upon availability of raw materials and demand for finished products.
The Company owns approximately 150 warehouses and terminals primarily used as bulk storage facilities and has 68 innovation centers. Processing plants and procurement facilities owned or leased by unconsolidated affiliates are not included in the tables below.
To enhance the efficiency of transporting large quantities of raw materials and finished products between the Company’s procurement facilities and processing plants and also the final delivery of products to its customers around the world, the Company owns approximately 1,900 barges, 9,500 rail cars, 360 trucks, 1,210 trailers, 140 boats, and 3 oceangoing vessels; and leases, under operating leases, approximately 700 barges, 22,450 rail cars, 250 trucks, 530 trailers, 31 boats, and 20 oceangoing vessels.
The daily capacities of the processing plants and storage capacities of the procurement facilities that the Company owns or leases, under operating leases, are as follows:
Processing Facilities
(in '000 metric tons)
Owned Leased
Ag Services
Carbohydrate
Ag Services
Carbohydrate
and Oilseeds
Solutions
Nutrition
Total and Oilseeds
Solutions
Nutrition
Total
North America 85 88 101 274 — — 74 74
South America 32 — 3 35 1 — 3 4
Europe 50 6 13 69 — 1 — 1
Asia-Pacific
1 — 31 32 1 — 10 11
Total daily capacity 168 94 148 410 2 1 87 90
Procurement Facilities
(in '000 metric tons)
Owned Leased
Ag Services
Carbohydrate
Ag Services
Carbohydrate
and Oilseeds
Solutions
Nutrition
Total and Oilseeds
Solutions
Nutrition
Total
North America 12,922 589 62 13,573 766 68 — 834
South America 2,134 — — 2,134 231 — — 231
Europe 1,478 — — 1,478 — 18 — 18
Asia-Pacific
75 — — 75 81 — 4 85
Total storage capacity
16,609 589 62 17,260 1,078 86 4 1,168
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.