DePape/Morris Comment on Open Market

[JohnKenneth]

I think the clearinghouse people have gone to the government for an extension of funding. pretty sure it's still proceeding but slowly. an interesting and useful initiative imo.

[parsley]

Interesting Diddledaddles:

400 brewries in China.

Top three brewers in China have 38% of the market share.

3 Top Brewers:
1. Tsingdao Brewry
2. CRC-SAB Miller
3. Yanjing Brewry-fully integrated 200,000 tonne/yr


China's 5 Top Maltsters:
1. Supertime Devel Ltd.
2. COFCO Malting Ltd.(200,000T malt)
3. BeDiafong Malt Ltd.
4. Harbing Malting Ltd.
5. Chengde Sui Hai Malting

410,000 year average
13% to China from Canada

[chaffmeister]

I think the gist of the message is this: even without the CWB, the malt industry will continue to succeed and actually, there are an abundance of opportunities:
- Europe with serious weather problems (drought making them short barley and even malt
- Aussie weather not much better although seems to be improving
- Chinese demand growing - constantly
- cash pricing in Western Canada will provide real-time price signals

My guesstimate is that WITHOUT the CWB we could very likely see well over 3 mmt of malt barley selected this year – if it goes in the ground, that is. Some of this may actually go to Europe – even with a €130/tonne import tariff – that’s how dire their situation is. And you know, in Europe, they really want to make sure they have their beer. (Just think of this - if they're that short, will they be exporting? And if not, who is in a position to make up their shortfalls? Australia? Or Canada?

Already Rahr Malting and P&H are offering new crop contracts. Others seem to want to wait until they are sure there is really and truly an open market before they begin to price new crop (some are offering production contracts without price).

Shaping up to be a unique year....

[nakodo]

hmm yes with Xena, Vivar and Trochu feed varieities yielding 10 - 30 % more per acre than a malt variety.......

[Burbert]

Unique year, with many challenges ahead! @#$#@@!@# malt barley, to much uncertainty, I am going to buy some racing pigeons, and really make big money. In first just like ostriches, breed them, sell them. Pigeons are the next big AB Ag push, if they don't fly fast and win races, you can eat them, wow. Right up there with pond carp, or is it crap????

[parsley]

Wanted: certified organic feed barley. $6.00 per bu. FOB farm.


Parlsey

[parsley]

Contact:
threepthitch@hotmail.com

saying no of bushels/tonnes

Parsley