Anheuser Busch's Michelob Ultra to help barley farmers transition to organic

Anheuser-Busch said Tuesday that its organic brand Michelob Ultra Pure Gold has launched an initiative that will help American barley farmers switch their conventional fields to organic ones. Under the “Contract for Change” program, Michelob Ultra will sign contracts to purchase the barley that’s grown during the first year of organic production at a premium. Farmers undergoing the three-year transition to organic face uncertain markets. Anheuser-Busch InBev SA stock is up 39.7% for the year to date while the S&P 500 index is up 18.3% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Source link

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Send this to a friend