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Mill Street CEO Irvine Weitzman, Labatt president Jan Craps and Mill Street’s brewmaster Joel Manning and co-founder Steve Abrams (l-r) on Friday announced Labatt has bought the Toronto craft beer company. (CNW Group/Labatt Breweries of Canada)
Barley, Crops

Labatt buys Toronto craft brewer Mill Street

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An award-winning Toronto craft brewer, famed as the biggest certified organic brewer in Canada, is now owned by the makers of Bud and Blue. Labatt Breweries, the Canadian arm of Anheuser-Busch InBev, announced Friday it has bought Mill Street Brewery for an undisclosed sum and will “immediately” invest $10 million in upgrades at Mill Street’s […] Read more
(SABMiller.com)
Barley, Crops, Reuters

SABMiller rejects Labatt owner’s takeover approach

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Brussels/London | Reuters –– SABMiller, the world’s second largest brewer, has promptly rejected an improved takeover proposal from Anheuser-Busch InBev, saying its 68 billion-pound (C$136 billion) valuation was “very substantially” under par. Refusal of the offer, made public Wednesday after earlier proposals were refused privately, opens the door to a week of intense wrangling before […] Read more
(Dave Bedard photo)
Barley, Canola, Crops, Markets, Oats, Peas, Spring Wheat, Weather, Winter Wheat

StatsCan comes in at low end of expectations for canola

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CNS Canada — Despite an upward revision of nearly a million tonnes in Statistics Canada’s latest report, most analysts expect canola production will keep climbing further. StatsCan on Friday morning released its updated grain/oilseed production estimates, with data collected through surveys taken between Sept. 3 and 13. Canola production numbers came in at 14.3 million […] Read more
(Dave Bedard photo)
Barley, Canola, Crops, Markets, Oats, Peas, Spring Wheat

Next StatsCan survey expected to show larger canola, wheat crops

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CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases its latest production survey results Friday. However, those numbers still may be underreported, and further revisions are expected in subsequent reports. “As the harvest is […] Read more
(Doug Wilson photo courtesy ARS/USDA)
Barley, Crops, Markets, Reuters

Talks halt on sale of malt barley trader Interbrau

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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
(Canada Beef Inc. photo)
Barley, Crops, Spring Wheat

Iran cancels import duties on wheat, barley

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Dubai/Moscow | Reuters — Iran has canceled import duties it imposed on wheat and barley in July, according to an official document seen by Reuters on Tuesday. The document said the import duties ended on Sept. 6 for wheat and on Aug. 22 for barley. It gave no reason for the cancellation. The Iranian government […] Read more
The Svalbard Global Seed Vault, built in Norway in 2008, is the world’s largest secure seed storage site. (Matthias Heyde photo courtesy Government of Norway via Flickr)
Barley, Cereals, Crops, Forages, Reuters, Spring Wheat, Winter Wheat

Syrian war spurs first withdrawal from doomsday seed vault

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Oslo | Reuters –– Syria’s civil war has prompted the first withdrawal of seeds from a “doomsday” vault built in an Arctic mountainside to safeguard global food supplies, officials said Monday. The seeds, including samples of wheat, barley and grasses suited to dry regions, have been requested by researchers elsewhere in the Middle East to […] Read more
AB InBev’s operations include Alexander Keith’s maker, Halifax-based Oland Breweries, which became part of Labatt in 1971. (Keiths.ca)
Barley, Crops, Markets, Reuters

Labatt owner AB InBev seeks US$275B tie-up with SABMiller

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Brussels/London | Reuters — Anheuser-Busch InBev, the world’s largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world’s beer. A merged group would have a market value of around US$275 billion (C$363 billion) at current prices, and would combine AB InBev’s dominance of Latin America […] Read more
(Rahr.com)
Barley, Crops, Markets, Weather

Malt barley prices strong despite ongoing harvest

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CNS Canada — Commodity prices typically buckle under harvest pressure, but malt barley has been acting as the shining star of cash markets. Influencers within Canada and globally have contributed to the climb, according to one industry expert. Cash prices for delivered elevator malt barley range between $5.25 and $5.75 per bushel, according to Prairie […] Read more

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