corn soybean wheat
OMAHA, NEBRASKA, U.S. — The Scoular Co. has acquired Farmers Grain Company (known locally as Kontny Grain) of Julesburg, Colorado, U.S. Financial terms of the transaction were not disclosed.

Rick Matousek, who oversees several Scoular grain facilities in western Nebraska, including a shuttle train loader 25 miles from Julesburg, said Scoular is committed to continuing Farmers Grain’s long history of service to area farmers.

“We’re pleased to continue the Kontny family’s business established 75 years ago, providing high quality service and a competitive market for locally grown crops,” Matousek said. “In addition to corn and wheat, we will also handle millet, soybeans, and milo to make the most of the Julesburg facility’s 1.7 million bushels of storage capacity.”

Jim Kontny, who owned and managed the Julesburg facility prior to Scoular’s acquisition, is retiring.

“I’ve enjoyed taking care of our farmer-customers over the years,” Kontny said. “Some are now the third generation of their family to do business with Kontny Grain. I’m pleased to see that the business my family started so long ago will continue to be part of our community under the ownership of a fine company like Scoular.”

According to the Grain & Milling Annual 2018 published by Sosland Publishing Company, Scoular has 82 grain storage facilities with total licensed grain storage capacity of 131 million bushels.