Century-Old U.S. Grains Trader Bets on Asia as Food Demand Grows
May 12 2021, 5:15 AM
May 11 2021, 7:30 PM
May 12 2021, 5:15 AM
(Bloomberg) A century-old American grains trader is betting on Asia, opening up new offices and running assets in the region, as growing populations drive up demand for food and livestock feed.
(Bloomberg) A century-old American grains trader is betting on Asia, opening up new offices and running assets in the region, as growing populations drive up demand for food and livestock feed.
Scoular Co. expanded its business to Indonesia and Myanmar, and has plans to open another office in the region over the next 12 months, said Adrian Gasparian, managing director of Asia-Pacific. The Omaha, Nebraska-based trader is now operating assets in both countries with a focus on supplying the local food and feed industries with everything from soybeans to fish meal.
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