Much of the drought in the United States during the 2022 growing season occurred in regions without much grain production. But there have been some notable overlaps, particularly during critical timeframes for crop reproduction.
In the month following the DTN Digital Yield Tour, powered by Gro Intelligence, the national corn yield estimate climbed 3 bpa to 170 bpa, while the soybean estimate declined by half a bushel to 48.4 bpa.
Scoular states the purchase will more than double its grain storage capacity in northwestern Kansas. The deal reduces some area competition, especially around Goodland, Kansas, where Scoular already owns two facilities.