---
schema_version: "secwatch.filing_event.v1"
accession: "0001163609-22-000006"
form_type: "8-K"
ticker: "SDSYA"
cik: "0001163609"
company_name: "SOUTH DAKOTA SOYBEAN PROCESSORS LLC"
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:17:23.230682+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SDSP posts record FY2021 net income $28M, EPS $0.92; announces new multi-seed plant in Mitchell, SD

## Summary
- Net income of $28.0M ($0.92 per capital unit) on revenues of $590.2M; gross profit $33.5M, operating profit $28.9M.
- Record year attributed to strong soybean oil demand from renewable diesel industry, driving margins to all-time high.
- Announced new multi-seed plant near Mitchell, SD, capable of processing soybeans and high-oil seeds (sunflowers), responding to renewable diesel demand.
- Capital units traded at avg $4.38 in Q4 2021 (range $4.26-$4.55), up from $3.45 avg in Q1 2021.
- CEO Tom Kersting expresses positive outlook for 2022, citing strong position and potential for continued growth.

## SEC filing metadata
- accession: 0001163609-22-000006
- form_type: 8-K
- ticker: SDSYA
- cik: 0001163609
- company_name: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163609/000116360922000006/0001163609-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163609/000116360922000006/a8-kxnewsletter2021x03x01.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163609-22-000006
- JSON: https://secwatch.observer/filing/0001163609-22-000006.json
- Plain text: https://secwatch.observer/filing/0001163609-22-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.