Photo by Scoular

Mar 28, 2022

Scoular Acquires Grain Elevator and Feed Mill

Purchase strengthens company's position in the Southeastern United States

来源:Scoular

Scoularhasacquiredtwo facilities in northern Florida to help the company better serve grain and livestock producers in the Southeastern United States.

Scoular purchased the assets of Columbia Grain & Ingredients in Lake City and Live Oak, Florida. The purchase provides Scoular with anchor locations in the region and includes feed ingredient and grain
handling facilities, storage space and a feed mill.

设施将提供正直的存储空间of close to 600,000 bushels and flat storage of over 10,000 tons, which will be used primarily to handle corn, bulk ingredients and micro ingredients. The facilities are capable of loading and unloading trucks, as well as railcars, with the Lake City site able to handle 135 rail cars.

设施将enable Scoular to provide just-in-time delivery and strengthen itsexisting grain and ingredient businesses in the Southeast.The purchase, which also will enable Scoular to add micro-ingredient blending to its services in the region, will include Columbia’s transportation fleet and team.

“This transaction is critical to better serving our feed and grain customers in the region,” said Eric Perry, Vice President and General Manager in Scoular’s Feed Division. “This investment expands our network, product portfolio and transportation presence in the region, demonstrating our commitment to providing high-quality ingredients and services to our customers. We are excited to leverage our operational expertise and experience in blending ingredients into this new and expanding business.”

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Magazine

Marketwatch: Mar, 29

US Corn Price Idx:ZCPAUS.CM

open: 6.9845
high: 7.0231
low: 6.872
close: 7.0031

US Soybean Price Idx:ZSPAUS.CM

open: 15.9658
high: 15.9943
low: 15.7244
close: 15.9271

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 9.1612
high: 9.6288
low: 9.0712
close: 9.6288

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 9.1698
high: 9.6831
low: 9.0623
close: 9.532