USA: Cargill to offer 2006 barley contracts during Jamestown Ag Expo
Cargill announced on December 29 that the representatives from Cargill Malt in Spiritwood, N.D., will be offering 2006 barley contracts for interested farmers during the Jamestown Ag Expo. The session entitled “Cargill Malting Barley Contracts-2006” is scheduled for 10 a.m. Tuesday, Jan. 11, 2006 at the Civic Center in Jamestown, N.D.
Cargill’s grower contracting program offers production contracts directly to farmers for specific malting barley varieties. It aims to assist farmers in managing their economic risks while encouraging malting barley production in the Upper Midwest - of the United States.
“Our barley grower program is another way Cargill is working to offer solutions to farmers and customers,” said John Zietz, Cargill Malt’s Barley Supply Chain Manager. “The Jamestown Ag Expo offers farmers a great opportunity to learn about the benefits of barley contracting in 2006.”
Grower contracting not only encourages higher-quality malting barley production, but it has given producers a more direct feedback loop with brewers, provides producers with certain force majeure (“Act of God”) protections, and helps them become eligible for crop insurance, in the event that the barley doesn’t make malting quality.
In November, Cargill began a series of meetings to offer farmers information on its 2006 barley contracting program. “We think farmers may find barley significantly more attractive in 2006 relative to the prices of other grains,” said Zietz. “Plus, fertilizer and other input costs are expected to be lower for malting barley than for other crops.”
Farmers can obtain contract prices and varieties to be offered by attending a grower meeting or by calling Ray Albrecht or John Zietz at the Spiritwood office at 1-888-280-4046. Grower contracts are limited and future contract price and variety offerings are subject to change at anytime and without notice.
The two-day Jamestown Ag Expo features more than 11,000 sq. ft. of agricultural equipment, free seminars, agri-business booths and a new women’s division booth area. A free lunch will be served both days of the Expo. For a schedule of events, log on to www.amfmradio.biz/agexpo.
Cargill Malt is a business unit of Cargill, Incorporated, an international provider of food, agricultural and risk management products and solutions. With 124,000 employees in 59 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed.
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