The spell of good weather has allowed farmers to make excellent progress on plantings of winter crops. Based on reports from around the country it would appear that most of the extra plantings will be attributed to barley. However it must be remembered that winter barley was back by over 8000 ha last year so we should see this area restored or perhaps regain the 74,000 ha level of 2016.
The grain prices released from the main co-ops last week have set the level for current green grain prices. For growers with solely winter crops the price is reasonable however those with spring crops along the eastern seaboard in particular, will be nursing losses again this season. Although trade in grain is quiet at the moment, prices have steadied this week having eased a little last week.
Following recent negotiations between IFA and Boortmalt, the malting company has agreed to top up the final malting barley price paid to growers for the 2018 harvest by €30 per tonne. There will also be a further additional payment of €10/t for distilling grade barley.
07 09 2018
IFA Malting Barley Committee Chairman Mark Browne said IFA has met Boortmalt to review this year’s harvest and negotiate a revised deal for the 2019 crop.