GFM Network News

More News →

Tag Archives malting

Barley, Crops

GrainCorp’s global malting spinoff gets shareholders’ blessing

Canada Malting to go to new owner, United Malt Group

By ,
Shareholders in the Australian owner of Canada’s biggest malt company have voted nearly all in favour of a spinoff for their worldwide malting assets. During their general meeting Monday in Sydney, participating shareholders in GrainCorp voted over 99 per cent in favour of resolutions which will see the company’s malt business become a standalone ASX-listed […] Read more
Crops, Reuters

Suitor quits bid for Australia’s GrainCorp

By
Sydney | Reuters — Australia’s largest-listed grain handler, GrainCorp Ltd., said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion (C$2.26 billion) takeover bid after due diligence, pushing shares to five-month lows. GrainCorp stock dropped 11 per cent at the open of trade on Tuesday to hit close to where it stood preceding […] Read more
Barley, Crops, Markets

Canada Malting to join GrainCorp’s global malting spinoff

By
The Australian owner of Canada’s biggest malt company plans to spin it off, along with its other worldwide malting assets, into a new stand-alone malt industry player. Sydney-based GrainCorp announced Thursday it plans to “demerge” its global malting business from its grains and edible oils business, forming two separate ASX-listed companies: MaltCo and “New GrainCorp.” […] Read more
Barley, Crops, Markets, Winter Wheat

Feed weekly outlook: Tight supplies, good demand support barley

By
Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more
Barley, Crops, Reuters

France to the rescue as drought hits EU barley crop

By
Hamburg | Reuters — Drought has seriously damaged barley harvests in northern Europe, potentially tightening supplies of animal feed and malt for beer brewing, but a decent crop in France could save the day, experts said on Thursday. “There are painful crop losses in Germany, Poland, Britain and Scandinavia,” one German trader said. “The volume […] Read more
Barley, Crops

Alberta malt barley quality looking good

By
CNS Canada — Despite a wet spring and problems with dryness in the summer, barley in central Alberta is looking fairly good, according to a grower in the Red Deer area. “We had a really good malt crop this year, the quality is excellent,” said Matt Hamill of Red Shed Malting at Red Deer. “It […] Read more
Barley, Crops

Fear of feed expected to keep malt barley acres low

By
CNS Canada — Concerns about weather dictating the quality of malt barley is keeping producers from seeding the crop this year, one industry participant says, while weak prices offer no extra incentive. “Acres are definitely going to be down, because of the fear of getting feed barley, which is horrendously low-priced,” said Rod Green of […] Read more
Barley, Crops, Weather

Alberta to launch malt barley insurance

By
Alberta is set to launch Canada’s first crop insurance product for malt barley this year. The province’s Agriculture Financial Services Corp. (AFSC) last week said it will now provide insurance coverage for a malting end-use for growers with malt barley contracts. The coverage is subject to a contract from a licensed buyer, with a minimum […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending November 20, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.