Glanbia confirms grain prices for Harvest 2020

Glanbia will pay its Members €160/tonne for green feed barley and €181/t for green feed wheat for Harvest 2020 in a reflection of our commitment to our growers.

The continued expansion of Glanbia Ireland’s value-added premium grains portfolio is also clearly highlighted in the range of prices offered for an industry-leading portfolio of grains.

Commenting on the announcement, Glanbia Co-op Chairman John Murphy said: “Glanbia Ireland and Glanbia Co-op recognise the weather-related hardships that our grain growers have faced over a challenging year. This is reflected in the pricing, the level of Co-op support and the intensive strategic work to deliver premium contracts and create new markets for the quality Irish grain supplied by our dedicated growers.”

Premium Grains

Glanbia is Ireland’s largest buyer and user of Irish grains with over 40% of the total grain intake delivering a market premium for growers.

Throughout 2020 further strong progress has been made on creating opportunities through a long-term strategy to develop premium contracts for growers. These include the doubling of the area sown to gluten-free oats, a High Erucic Acid Rapeseed (HEAR) project delivering new value-added opportunities and an early clear commitment to purchase all contracted in-spec tonnes of harvested malting barley.

First Published 20 October 2020