Canadian Malting Industry Calls for Open Deregulated Barley Marketing



    OTTAWA, Nov. 27 /CNW/ - The Malting Industry Association of Canada (MIAC)
is offering its full support to the Government of Canada to begin the
legislative process to implement Market Choice for barley farmers beginning
August 1, 2008.
    The Association calls for the immediate introduction of legislation to
allow for the complete deregulation of barley effective August 2008, following
last spring's national referendum where the majority of barley farmers voted
in favor of Market Choice.
    Over the course of the past 3 months the malting industry has held
extensive discussions with the Canadian Wheat Board (CWB) in order to develop
alternative mechanisms for marketing barley that better fit the needs of
farmers and end-users. Unfortunately, positions proposed by the CWB so far
have not addressed the fundamental issue of providing market-driven price
signals to both growers and end-users. This is essential for protecting
farmers and end-users by providing them the ability to hedge their commodity
risk.
    MIAC looks forward to the opportunity to working collectively with other
stake holders in the barley supply chain to support the Government in its
initiative to implement the legislative changes required for deregulation of
the Canadian barley marketing system. Working together will ensure a smooth
and efficient transition during this period for the barley farmers and
end-users.

    The Malting Industry Association of Canada represents the four major
malting companies in Canada. They include: Canada Malting Company Ltd with
plants in Calgary, Thunder Bay and Montreal. Rahr Malting located in Alix,
Alberta. Prairie Malt Limited in Biggar Sask., and ADM Malting located in
Winnipeg. Collectively they are the largest customers of the CWB buying
approximately 1.1 million tonnes (or 60% of the entire CWB pool) of malting
barley annually. Canada is the 2nd largest world exporter of malt.





For further information:

For further information: Phil de Kemp, President, Malting Industry
Association of Canada., (613) 271-9774 or cell (613) 290-7336

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Malting Industry Association of Canada

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