The Scoular Co.
Nov 17, 20232 min
Through a new program called Canola MVP, Scoular is partnering with Kansas and Oklahoma farmers to expand canola production to feed the growing renewable fuels market.
Growing canola can increase overall revenue, with wheat-canola rotations increasing profitability up to 20 percent more than a continuous wheat rotation, according to a Kansas State University study.
Canola MVP, announced by Scoular Nov. 13, provides several key benefits to producers:
Access to Kansas State and Oklahoma State University agronomists who will provide guidance on seed varieties and growing canola
Connectivity to Scoular originators and successful canola growers to answer localized production-related questions
Current local delivery points, including Scoular’s Pratt, Wellington, Coolidge and Goodland, Kansas, locations
In March, Scoular announced that it was converting a facility in Goodland to a dual oilseed crush plant.
The facility is projected to begin operations in fall 2024.
Because of its high oil content, canola is highly valued in the renewable fuels sector, particularly for use in the growing renewable diesel and sustainable aviation fuel markets.
According to Scoular, those markets will grow to over 5 billion gallons by 2025.
“Winter canola is a reliable crop for producers, and Canola MVP will provide them with the resources, revenue potential and reassurance to grow canola,” said Ed Prosser, senior vice president with Scoular.
Michael Stamm, a KSU agronomist, added, “Fall precipitation gave producers the opportunity to plant winter canola in 2023. K-State is dedicated to supporting these producers with information to help them be successful growing the crop.”
Omaha, Nebraska-based Scoular is an employee-owned, $10 billion-plus agribusiness operating since 1892.
It buys, sells, stores, handles and processes grain and ingredients by leveraging its global networks and expertise in international trade and transportation.