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Scoular now exporting soybeans out of Baltimore
By SEAN CLOUGHERTY
CENTREVILLE, Md. (Nov. 8, 2016) — The Scoular Company, which has operated in the Mid-Atlantic region out of three locations in Virginia has expanded with a site at the Port of Baltimore, buying soybeans for export.
Speaking to a grain marketing club in Queen Anne’s County last week, Cole Stock, Scoular merchandiser, said they’ve been receiving about 10-15 truckloads of soybeans a day for the past few weeks through a transload facility at the port operated by Ag Source.
Stock said last year Scholar loaded some come containers at the port, mostly purchased those soybeans from other elevators but “this year, we’re focused 100-percent off-farm.”
With what he called “aggressive” pricing, Stock said he is offering bids for delivering to the port or for pick up at the farm and said famers can reach him at 844-277-3680.
With no storage at the port, Stock said the soybeans are loaded directly into shipping containers for export to the asian market.
That means problems in the beans like purple stain or moisture could get the whole load rejected from the port location.
“Really the main concern without bin space is moisture,” Stock said, adding that 13.5 percent moisture is their threshold.
He said he understand’s the site’s limited receiving hours, 7:30 a.m. to 3 p.m., can be tough for famers to manage delivery themselves.
“This is more designed and easier if a guy has bin space,” Stock said, but added he is not entirely excluding beans coming directly from the field.
Stock told the group it’s best for farmers to send a sample or have him visit a field first to cut the risk of getting turned away after arriving at the port.
He added loading outside directly into containers presents a weather challenge that Federal Grain Inspection Services regulations prohibit loading in the rain, so if rain is in the forecast, delivery is rescheduled.
But Stock said so far, he has not had to reject a load of soybeans and said in general the quality of soybeans in the area is prized by the markets Scoular is serving, used in making tofu products.
“They really like your guys’ soybeans,” Stock said.