Peter Swinburn, the new chief executive officer of Molson Coors Brewing Co., said the company has now improved its shareholder value in the last three years by 90%, ReportonBusiness.com published on September, 29.

According to Mr Swinburn, the company is now in a very good position with cash, so if the the right opportunities come up, Molson Coors would like to take advantage.

As to the question where the company was looking to buy, the CEO answered: “We will not be myopic. We will look to where the advantages are. We want depth rather than breadth, so we will look to a position where we would be No. 1 or No. 2 in a market if that came up. We're not interested in just planting the flag for the sake of it.”

Peter Swinburn said a full merger with SABMiller might create truly global scale. “It would be a deal that would create value,” he said, “but the issue is we're not in that market. We are in the market of making sure we grow our company just as Miller wants to grow its company and so we will be competitors outside the U.S.”

“The deal in the U.S. made sense for both parents; ...More Info

The Estimated Pool Return for Grain Pool's No.1 Feed Barley Pool has dropped AU$10 this week and is now AU$255 - AU$265 per tonne, Farm Online communicated on September, 29.

According to CBH, the decline is due to large export surpluses from the Black Sea and former Soviet Union which continue to flood the Saudi Arabian feed barley market.

A drop in freight rates, as well as the weakening Euro against the US dollar, has seen European grain more competitive in the world market, the company reported.

The CBH Group’s marketing arm, Grain Pool Pty Ltd is a specialist marketing organisation supplying grain to the major markets of the world. Since its formation in 1922 as the Wheat Pool of Western Australia, the Grain Pool has grown substantially and is now Western Australia’s third-largest exporter selling around three million tonnes of grain for an annual turn-over in excess of AU$800 million.

D. M. Armitage, D. A. Cook, and D. E. Baxter

Abstract

J. Inst. Brew. 108(2), 178–186, 2002 Comparison of changes in temperature, moisture content, infestation and germination were made in six aerated 20 t bins of malting barley. Two were at about 13.5% moisture content, three at about 15.5% moisture content, and one at about 16.5% moisture content. The grain started at between 20-25°C and, during aeration, fell at a rate dependent on the moisture content, damper grain being cooler, presumably due to evaporative cooling. The ‘high’ moisture content grain was often over 5°C cooler at 1m and 2m than the ‘low’ moisture content bins. Moisture uptake at the surface was related to bulk moisture content and trends in mite population changes were related to moisture content. Mite population achieved highest numbers at the grain surface but usually before the moisture content absorption was at its peak. They were commonest in the ‘high’ moisture content bin and least numerous in the ‘low’ moisture content bins. There were no apparent differences between bins in the numbers of insects trapped, for instance they were not less numerous in the coolest ‘high’ moisture content bin. However, the trends of numbers trapped followed a similar pattern in all bins; normally O. surinamensis Load full article, 9 pages, 299 Kb, PDF file