Barley buyer to deduct ‘energy surcharge’ from price paid for grain
French-owned Boortmalt, the main buyer of the malting crop produced here for the Irish drinks industry, announces the cut as farm inputs rise by 40 per cent
Boortmalt, the French-owned agribusiness company which buys malting barley on behalf of the drinks industry in Ireland, is deducting €12.50 per ton on grain purchased from Irish farmers this year.
The company, which purchases about 180,000 tons from farmers every year, said it would deduct this “energy surcharge” to cover the rising cost of electricity and gas.
It comes as European gas prices continue to rise amid fears of widespread shortages this winter. Wholesale natural ...