Scoular Archives - Page 2 of 2

(Photo courtesy Tri-Field Farms via Facebook, used by permission)

Scoular buys grain elevator in Manitoba’s Interlake

By Grainews Staff, GFM Network News June 2, 2016

U.S. grain company The Scoular Co. is expanding its stake in the Prairie grain handling market by buying a small former Agricore elevator in Manitoba’s Interlake region. The company on Thursday announced its “recent purchase” of the Tri-Field Farms elevator at Netley, about 25 km north of Selkirk at the south end of Lake Winnipeg. […] Read more

Canola, Crops, Markets

Ex-Legumex crush plant gets new owners, supply deal

By Grainews Staff, GFM Network News January 5, 2016

Canada’s top grain handler is set to start feeding canola to a U.S. West Coast crushing plant now half-owned by the Prairie company’s parent firm. Regina-based Viterra, the grain handling arm of multinational commodity firm Glencore, on Tuesday announced a supply and marketing deal with Pacific Coast Canola (PCC), a next-to-new crush plant at Warden, Wash., […] Read more

Canola, Features

There’s a new processing giant on the block

Change is in store for farmers with the sale of Legumex Walker's Special Crops Division

By Patty Milligan December 15, 2015

On November 9, 2015 Legumex Walker shareholders voted overwhelmingly to accept The Scoular Company’s offer to buy its Special Crops Division for $94 million. The completion of the transaction is subject to regulatory approval and is expected to close by the end of November. This marks the end of Legumex Walker’s journey as one of […] Read more

Winnipeg-based Legumex Walker’s pulse plants are Scoular’s first major play in the Prairie crops sector. (Dave Bedard photo)

Crops, Markets, Pulses

Legumex Walker shareholders approve sale

By Grainews Staff, GFM Network News November 13, 2015

Shareholders in Prairie special crops processor Legumex Walker have voted to take a deal for their company’s assets from U.S. grain firm Scoular. Winnipeg-based Legumex reported Monday that shareholders representing just over 76 per cent of its stock have voted 99.6 per cent in favour of selling the company’s special crops division to the Scoular […] Read more

Crops, Markets, Reuters

Grain handler Scoular on hunt for more Canadian buys

By Rod Nickel, GFM Network News September 21, 2015

Winnipeg | Reuters — U.S. crop handler The Scoular Co. is looking to acquire stakes in grain and oilseeds facilities in Western Canada, fresh off agreeing to its first major purchase in the crop-growing belt, the private company’s chief operating officer said Monday. Scoular last week agreed to pay $94 million for the special crops […] Read more

Canola, Crops, Markets, Pulses, Reuters

Legumex to sell processing plants, wind down company

By Rod Nickel, GFM Network News September 14, 2015

Winnipeg | Reuters –– Prairie special crops firm Legumex Walker said Monday it has agreed to sell its pulse and special crop processing plants and expects to sell its U.S. canola-crushing facility, allowing it to wind down the company. Winnipeg-based Legumex plans to sell its special crops division, which includes 14 plants in Canada, the […] Read more

Canola, Crops, Markets, Pulses

Loan called on Legumex’s U.S. canola crusher

By Grainews Staff, GFM Network News August 5, 2015

Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] Read more

Richardson CEO Curt Vossen said the company is in the market for acquisitions in the U.S. grain sector. (Dave Bedard photo)

Crops, Markets, Reuters

Richardson targets U.S. acquisitions

By Rod Nickel, GFM Network News May 14, 2015

Winnipeg | Reuters — Richardson International, one of Canada’s largest grain handlers, is seeking expansion in the U.S. through acquisitions worth $100 million to as much as $2 billion, its CEO said Thursday. Richardson, which now owns two U.S. mills, is interested in Andersons Inc. and private companies Bartlett and Scoular, as well as co-operatives, […] Read more

Crops, Reuters

Scoular reported hit by $17M fraud

By Reuters, GFM Network News February 4, 2015

Reuters — Scoular Co., a U.S. grain trading and handling firm, was swindled out of more than US$17 million through an international email scheme, a company official confirmed on Wednesday. The U.S. Federal Bureau of Investigation (FBI) is probing the fraud, which took place in June, a company spokesperson said in a telephone interview. The […] Read more

Canola, Crops, Markets

Scoular to source canola, sell output for Legumex’s U.S. crusher

By Grainews Staff, GFM Network News October 28, 2014

Grain trading firm The Scoular Co. is set to start feeding canola to Prairie special crop processor Legumex Walker’s crushing facility near the U.S. West Coast — and to market the plant’s production. Winnipeg-based Legumex on Monday announced a “long-term strategic alliance” with Scoular, in which Scoular will procure all canola seed for processing at Legumex’s […] Read more

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Entomologist tests trap crops and marigolds to repel flea beetles at an Ag in Motion

GFM Network News