World Grain - August 2013 - 14

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Scoular acquires Virginia grain business
OMAHA, NEBRASKA, U.S. — The Scoular Co. has acquired the
assets of R.O. Mayes Co., a grain-handling business with a facility
in Petersburg, Virginia, U.S., about 25 miles south of Richmond, Virginia, U.S. Terms of the transaction were not disclosed.
John Messerich, senior vice-president of Scoular, said Mike
Mayes, the previous owner of the business, will remain involved, as
general manager of the facility.
“We’re pleased to have Mike and his staff join Scoular and to continue the business that Mike’s family has grown over the course of
the past 60-plus years,” Messerich said.

The Petersburg facility complements Scoular’s grain-handling business
in Windsor, Virginia, U.S., which Scoular began operating in 2006, Messerich said. He said the company will “improve the Petersburg location
over time,” with a specific objective of increasing its handling capacity.
Mayes said the business was established in 1948 by his father.
“Under Scoular’s ownership, we can continue to serve our area
farmers like we always have, picking up grain on the farm as well as
having farmers deliver to the elevator,” he said. “We can also leverage Scoular’s size, experience, and expertise to bring new marketing
opportunities to our customers.”

South Korea to resume U.S. white wheat imports
KANSAS CITY, MISSOURI, U.S. — South Korea indicated it was set
to resume imports of U.S. white wheat from the Pacific Northwest after
tests revealed no bioengineered supply in shipments from the U.S. Trade
reports also indicated Japan may resume imports of white wheat from
the region as early as August.
Although there was no specific tender for white wheat, the announced
resumption of imports was encouraging, U.S. Wheat Associates said in a
report in the Capital Press, an Oregon agricultural publication.
South Korea’s food ministry had broadened its testing to include
foods from wheat flour as well as wheat cargoes but have not found
any bioengineered wheat in more than 160 inspections, according to

the trade. Testing would be ongoing, the trade said.
Japan’s Ministry of Agriculture, Forestry and Fisheries on June 2
approved a plan to resume imports of soft white winter wheat from the
U.S. Pacific Northwest, after discovery of unapproved bioengineered
wheat plants in an Oregon field in May brought shipments to a halt.
Conditions of Japan’s plan called for continued investigation into
the incident by the United States and sharing of additional information, according to the Capital Press.
Other conditions included the establishment of a testing method for
the presence of bioengineered wheat and a meeting between MAFF
and “relevant experts” in the area where the plants were discovered.

For more information, see Page 90.

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World Grain - August 2013

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