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Malting barley growers could be paid for a carbon credit under a new programme from Boortmalt, who is partnering with Soil Capital.
Grain prices increased slightly last week, but went back down this week. There are a lot of factors affecting prices.
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The Boortmalt price averaging has come to an end for 2024 and the harvest base price is now settled.
Grain prices were looking more positive this week, as some reports suggested a tightening in supplies.
Boortmalt has told merchants that it will take barley at lower bushels than specified, but with a price deduction.
There was some positivity in grain markets this week, while oilseed rape fell after recovering last week.
The weather allowed for great work to be done at the weekend as the spring barley harvest kicked into full gear.
Grain prices are not looking good this week. Prices dropped last Thursday and remain at that point.
With a high proportion of grain crops in Wexford, Carlow and Laois being malting barley, passing quality controls will be vital to ensuring a margin for growers
