Glanbia leads way with 2011 final harvest prices for green grain

GLANBIA brought clarification to the grain market yesterday as the first major grain buyer to announce its 2011 final harvest prices for green (20% moisture) grain.

Glanbia will pay €164.11 for spring feed barley (€156 per tonne plus VAT of 5.2%); €174.63 for Saffron/Cassia winter contract barley (€166 plus VAT); €172.53 for feed wheat (€164 plus VAT); and €174.63 for equine contract oats (€166 plus VAT).

Glanbia has also announced that, similar to previous years, it will contract dry and store feed barley and wheat for growers who wish to sell their grain later, based on the dried feed grain markets.