MarketsFarm — The quality of Canada’s 2019-20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications. “We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, managing director of the Canadian […] Read more
Tag Archives malting barley — page 2
As harvest drags on, malt barley quality uncertain
Malt barley prices remain stable
MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more
European malting giant to buy Cargill Malt business
Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills […] Read more
Canada’s malt barley courts two different buyers
CNS Canada — The rising North American craft beer sector and strong demand out of China are both good news stories for Canada’s malt barley sector. However, those two customers have different needs which can also create some challenges, said industry officials speaking Tuesday at the annual Grain World conference in Winnipeg. Lorelle Selinger, North […] Read more
Growing craft beer sector thirsty for local malt
CNS Canada — Craft breweries are a growing subsector of the Canadian beer industry, but the increased variety of local drink options are not necessarily 100 per cent homegrown, as a lack of domestically produced specialty malts forces brewers to look far afield to meet their needs. “We get our base malt locally, but we […] Read more
Ameropa to shut malting barley trading firm Interbrau
Hamburg | Reuters — Swiss-based grain trading group Ameropa AG said Thursday it will end its involvement in malting barley trading and close its Hamburg-based malting barley trading house Interbrau GmbH at the end of 2017. “This decision is mainly driven by the fact that the malting barley market did not develop as Ameropa had […] Read more
Buyers eating up Lethbridge feed barley
CNS Canada –– Lethbridge feed barley prices have strengthened on bargain buying, according to one market watcher, while demand for feed wheat is steady at best. Lethbridge barley prices have increased from $200-$205 in January to $205-$215 in February, as the grain becomes more difficult to source, said Jim Beusekom, president at Market Place Commodities. […] Read more
Talks halt on sale of malt barley trader Interbrau
Paris | Reuters –– Swiss grain trading group Ameropa said Monday it would not go ahead with the sale of German malting barley trader Interbrau GmbH to French co-operative group Vivescia, as conditions for the deal had not been met. The companies entered into an agreement in mid-July for the takeover of Interbrau by Vivescia, […] Read more
Malteurop parent to buy barley trader Interbrau
Paris | Reuters — French co-operative group Vivescia has entered into an agreement to buy German malting barley trader Interbrau GmbH from Swiss grain trading group Ameropa, the companies said Thursday. Founded in 1961, Interbrau specializes in international malting barley trading and logistics, and operates in Europe, Latin America, Asia, Australia and Canada. The acquisition […] Read more
Malt barley seeding well ahead of normal
CNS Canada — Barley seeding is well underway across Western Canada and almost complete in southern Alberta, according to the head of the Barley Council of Canada. “We’re two weeks ahead here in southern Alberta, there’s guys that have wrapped up; they’re done seeding already,” said council president Brian Otto. On his own farm at […] Read more
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