GFM Network News

Strong export demand, acreage ahead for barley

Lower supplies from Australia benefit Canadian growers

MarketsFarm — Canadian malting barley acreage is expected to remain high in the coming year, mostly due to strong export demand. Peter Watts, managing director of the Canadian Malting Barley Technical Center in Winnipeg, said tough harvest conditions were partially to blame for lowered malt barley output in 2019. “We had a fairly lousy harvest, […] Read more

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

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