Canada invests $960,000 in Canadian Malting Barley Technical Center (CMBTC)

Published Mar 1, 2022

Tridge summary

The Canadian Government is investing $960,000 in the Canadian Malting Barley Technical Centre to expand and develop new markets for Canada's barley and barley products. The funding will be used for marketing and promotional initiatives in major export markets and prospective countries, as well as providing technical services to optimize the quality and performance of Canadian barley. The investment is part of the AgriMarketing Program, which aims to increase and diversify exports of Canadian agricultural products. Canada currently ranks as the fifth-largest barley producer and third-largest malt barley exporter in the world.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In an effort to remain competitive in the global marketplace, the Government of Canada is investing $960,000 in the Canadian Malting Barley Technical Centre (CMBTC) to expand existing markets and develop new markets for the country’s barley and barley products. With this funding, through the AgriMarketing Program, CMBTC will undertake marketing and promotional initiatives in major export markets and prospective countries. It will also provide technical services to optimize the quality and performance of Canadian barley, as well as education and training to help customers gain acceptance and understanding of new malting barely varieties. The AgriMarketing Program falls under the Canadian Agricultural Partnership and has a mission to increase and diversify exports of Canadian ag products to international markets while also capitalizing on domestic market opportunities. “Through the AgriMarketing Program, Agriculture and Agri-Food Canada is providing an important investment that ...

Source: Topcropmanager