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
Next StatsCan survey expected to show larger canola, wheat crops
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
Iran cancels import duties on wheat, barley
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
Syrian war spurs first withdrawal from doomsday seed vault
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
Labatt owner AB InBev seeks US$275B tie-up with SABMiller
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
Malt barley prices strong despite ongoing harvest
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
Feed barley looking bearish
CNS Canada –– Seasonal harvest pressure is starting to weigh on feed grains in Western Canada, while quality downgrades to crops still on the field may put further pressure on values going forward. “There are quite a few bearish indicators out there,” said Kyle Sinclair, of CorNine Commodities at Lacombe, Alta. For starters, early yield […] Read more
High protein, high yields seen in early malt barley
CNS Canada –– High protein levels could prove a challenge for Canadian maltsters this year, but the quality of the country’s malt barley crop is generally looking better than had been expected as harvest activity starts up across the Prairies, according to a broker. “Everything is high, high, high; high yields, high plump, high bushel […] Read more
Barley’s genome now two-thirds sequenced
A team led by scientists at the University of California, Riverside says it has reached a new milestone in its work on sequencing the barley genome. In a release Tuesday, the researchers said they have sequenced large portions of the genome that together contain nearly two-thirds of all barley genes. Because barley is a close relative […] Read more
Short-term barley prices seen likely to downtrend
CNS Canada — Feed barley prices are moving slowly with hand-to-mouth buying as the crop moves into harvest, when already low prices will likely hit a downtrend. However, prices will likely recover into autumn, depending on how farmers choose to act, from where one market analyst sits. “If the farmers aren’t willing to sell at […] Read more
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