Item 2. Properties
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Item 2. Properties
The following tables provide information on our principal operating facilities as of December 31, 2023.
Facilities by Business Area
| (metric tons) | Aggregate Daily Production Capacity | Aggregate Storage Capacity | ||||||||||||
| Business Area | ||||||||||||||
| Agribusiness | 168,954 | 14,760,055 | ||||||||||||
| Refined and Specialty Oils | 56,221 | 736,197 | ||||||||||||
| Milling | 14,830 | 930,884 |
Facilities by Geographic Region
| (metric tons) | Aggregate Daily Production Capacity | Aggregate Storage Capacity | ||||||||||||
| Region | ||||||||||||||
| North America | 67,821 | 2,928,509 | ||||||||||||
| South America | 75,735 | 9,894,749 | ||||||||||||
| Europe | 57,409 | 2,410,103 | ||||||||||||
| Asia-Pacific | 39,040 | 1,193,775 |
Agribusiness
In our Agribusiness segment, we have 103 commodity storage facilities globally, which are located close to agricultural production areas or export locations. We also have 56 oilseed processing plants globally and operate three fertilizer processing and blending plants in Argentina. We have 39 merchandising, distribution, and administrative offices throughout the world.
Refined and Specialty Oils
In our Refined and Specialty Oils business, we have 66 refining and packaging facilities throughout the world. We also have 107 storage facilities globally that are located close to food and ingredient locations. In addition, to facilitate distribution in Brazil, we operate five distribution centers.
Milling
In our Milling business, we have 14 milling facilities throughout the world. We also have 7 storage facilities globally that are located close to milling facility locations.
Other
Our corporate headquarters, co-located with our North American operations in Chesterfield, Missouri, occupies approximately 150,000 square feet of space under a lease that expires in December 2027. We also own or lease other office space for our operations worldwide, including our principal executive office in Geneva, Switzerland.
We believe that our facilities are adequate to address our operational requirements.
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