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Newsletter Summary
Currency rates
Equities of largest breweries
Market prices change trend
Top industry news
Brewery news
Malt news
Barley news
Hops news
More news
Malting barley prices
Table of the week
Graph of the week
Agenda
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Average market prices Change trend
06 Dec - 07 Dec 2005
Crop 2005
2rs Barley €117.50-119.50
6rw Barley €104.50-106.50

Note: Just click on the price link and you will be led to our Market Price History. Average barley market prices are French and are estimated on FOB Creil basis.
The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.

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Dear E-malt Reader!

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Updated figures related to USA barley and malt trade with Mexico and Canada could be seen in NAFTA section of e-malt.com menu. To this purpose please enter e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

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E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

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Market price evolutions

The evolution of market prices for barley and malt, which are periodically issued with e-malt.com newsletters are published on e-malt.com site in Market Prices section. Just click here!

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The graphs are updated from time to time. Just see the updates online on e-malt.com site !

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.

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E-malt.com Newsletter 49a
December 05 - December 07, 2005
Quote of the week

"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful."
Albert Schweitzer

Currency Rates
Base Currency: Euro, EUR
on 06-December-2005

1 EUR = 1.1723 USD
1 EUR = 0.6767 GBP
1 EUR = 1.3629 CAD
1 EUR = 1.5681 AUD
1 EUR = 141.395 JPY
1 EUR = 2.5755 BRL
1 EUR = 33.9193 RUB
1 EUR = 9.4747 CNY
 Base Currency: US Dollar
on 06-December-2005

1 USD = 0.8538 EUR
1 USD = 0.5772 GBP
1 USD = 1.1626 CAD
1 USD = 1.3378 AUD
1 USD = 120.689 JPY
1 USD = 2.197 BRL
1 USD = 28.935 RUB
1 USD = 8.0824 CNY

EUR/USD Chart

Equities of the Largest Breweries

Top Industry News
Colombia: SABMiller- Result of voluntary tender offer to acquire Bavaria S.A. shares in Colombia... Click here

Finland: Sinebrychoff brings Baltika to Finland... Click here

Singapore: Asia Pacific Breweries may buy 60% in Jaipuria JV... Click here

Netherlands: District court of The Hague announces verdict in home beer tap issue in summary proceedings... Click here

Australia: Competition and Consumer Commission will not oppose Lion Nathan’s bid for Coopers... Click here

EU: The court upholds EU commission cartel fine versus Brouwerij Haacht... Click here

USA: Prairie Malt receives internationally recognized Organic Certification... Click here

World: Analysts about malt demand of international breweries... Click here

World: Without barley from the EU there would be a deficit in the world market... Click here

Slovenia: Hops Industry: history and nowadays... Click here

More News
Korea: Hite Brewery falls after Carlsberg sells partial stake ...More Info

India: United Breweries plans to bring Kronenbourg Blanc into the country ...More Info

UK: Greene King said it was trading in line with expectations ...More Info

Russia: President Putin signs on December 6 the Law imposing fine on public beer drinkers ...More Info

Singapore: APB ranked amongst Singapore's 15 Most Valuable Brands ...More Info

Ukraine: Estimations on Ukrainian barley crop ...More Info

India: Cobra Beer founder said Indian beer consumption is to increase 40-fold in the next 25 year ...More Info

USA: Coors Brewing Co. appoints N. Cornell Boggs III Chief Legal Officer and Group Vice President of Public Affairs ...More Info

Belgium: Hoegaarden workers on strike to protest against InBev’s decision to cut jobs ...More Info

Australia: Coopers’ shareholders to vote the buyback plan at an extraordinary general meeting ...More Info

Canada: The demand for western Canadian feed barley has shifted dramatically ...More Info

Austraila: Pool feed price increases in SA & East coast ...More Info

Russia: Ochakovo’s market share diminishes in spite of increased investment ...More Info

South Africa: South African Breweries has launched an advertising campaign ...More Info

Thailand: Boon Rawd Brewery looking for ways to push its Singha and Leo brands ...More Info

EU: Poor malt prices may put maltsters in difficulty in 2006 ...More Info

USA: State revokes liquor license from Yakima Brewing & Malting Co resulting in restaurant and bar closing ...More Info

UK: The small-craft brewery of Bullmastiff has won the Champion Beer of Wales competition ...More Info

Czech Republic: New Staropramen announces new branded pub concept ...More Info

USA:Miller chooses Atlanta to boost sales of its Peroni Nastro Azzurro ...More Info

Brazil: The Brazilian Brahma expands on global scale ...More Info

Russia: Primorye Beer Industry to hold an extraordinary general shareholders ...More Info

Canada: Alberta Barley Commission named R. Michael Leslie as general manager ...More Info



Brewery News
Colombia: SABMiller- Result of voluntary tender offer to acquire Bavaria S.A. shares in Colombia

SABMiller announced on December 6 at the closing of the voluntary tender offer on the Colombian Stock Exchange for all of the shares in Bavaria S.A. (“Bavaria”) which the SABMiller group does not already own (the “Offer”), acceptances had been received in respect of 62,375,024 shares in Bavaria, representing 25.19% of Bavaria's share capital, and increasing SABMiller’s interest in Bavaria from 71.77% to 96.96%.

The total cash consideration payable as a result of acceptances of the Offer is approximately US$1,215 million.

Settlement of the consideration will take place on 13 December 2005, and will be met from existing resources.

SABMiller plc is one of the world’s largest brewers with brewing interests or distribution agreements in over 60 countries across five continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.

In the year ended 31 March 2005, the group reported a pre-tax profit of US$2,194 million and a turnover of US$14,543 million on a UK GAAP basis. SABMiller plc is ...More Info

Finland: Sinebrychoff brings Baltika to Finland

The market leader of Russian beers, Baltika, entered the Finnish market in November, when Sinebrychoff begins the distribution of Baltika nr7, Sinebrychoff, the oldest industrial brewery in the Nordic countries, communicated in a press release on December 6. Baltika brewery’s fresh and full-flavoured flagship Baltika nr7 is a natural addition to Sinebrychoff’s imported quality beers. Foreign top brands from both the East and West are now available to Finns, as American favourite Budweiser is already a part of the Sinebrychoff selection.

The triumphant march of Slavic lager

“Baltika is an internationally popular premium product; it is among the top three beer brands in Europe. Baltika was looking for a distributor in Finland, and our negotiations led to a positive result at the end of last summer. Baltika nr7 is a very good product to complement our versatile selection of quality beers,” says Marketing Manager Pekka Tennilä.

Baltika beer is the market leader in Russia, and Baltika nr7 is the brewery’s flagship product. It is a Slavic blond lager, and has a light, fresh and aroma-rich taste. The product is sold in long-necked, green profile bottles that have a screw-on crown cap, and is therefore suitable for drinking straight out of the bottle.

The ...More Info

Singapore: Asia Pacific Breweries may buy 60% in Jaipuria JV

Asia Pacific Breweries (APB), the Singapore unit of Heineken, is to hold a 60% stake in its Indian JV with the CK Jaipuria Group, according to the sources.

The JV, in which the Jaipurias will hold the remaining 40%, is expected to move the FIPB once they strike a buyout agreement with a local brewery with a central industrial licence to facilitate FDI. CK Jaipuria and APB officials in Singapore refused to comment on the JV. ET was the first to report (on August 18) about APB mulling alliance with the Jaipurias to foray into the domestic beer market, The Economic Times commented on December 3.

The JV may have a shared management. Besides senior Jaipuria, his son Ruchir Hans Jaipuria has been actively involved in setting up the business. The Jaipurias are one of the largest soft drink bottlers in the country.

The 60:40 JV has been on the prowl to effect brewery acquisitions and has been in talks with potential targets in Rajasthan. The combine could also join the bidding process for Mohan Meakins, which is expected to kick-start shortly, though it could be a long drawn affair given the promoter family's disparate interests.

The JV is expected to snap up an ...More Info

Netherlands: District court of The Hague announces verdict in home beer tap issue in summary proceedings

Heineken N.V. announced on December 1 that in a summary proceedings session, the provisions judge of the Court of The Hague ruled today that Heineken’s claim is rejected. He considered the issue too complex for a summary proceedings session. Hence, InBev and Philips are allowed to continue the sale of their home beer tap.

At the end of September, Heineken started an action on the merits and summary proceedings against InBev and Philips. The subject of the two actions was, among other things, the enforcement of a ban on the sale of the home beer tap system manufactured by InBev and Philips for the Netherlands. Heineken is of the opinion that the system (the home beer tap and the small kegs they use) violates various of the company’s patents on the technology incorporated in the BeerTender, the innovative home beer tap of Heineken and Krups. In anticipation of the action on merits, Heineken had started summary proceedings so as to protect its inventions.

Heineken is disappointed by the outcome of the proceedings and is studying the verdict to determine any next steps in due course.

Since the introduction in 2004, more than 150,000 BeerTender systems and
3 ...More Info

Australia: Competition and Consumer Commission will not oppose Lion Nathan’s bid for Coopers

The Australian Competition and Consumer Commission (ACCC) stated it will not oppose Lion Nathan's 420 mln aud bid for privately held Coopers Brewery,AFX announced on December 5.

The ACCC announced that the evidence suggests that the removal of Coopers as an independent beer wholesaler would unlikely raise substantial competition concerns.

Whilst the ACCC recognised that Coppers' market share is increasing, including outside of South Australia, its market share remains small, and substantially smaller than the two major beer producers in Australia, Carlton United Breweries and Lion Nathan,' ACCC chairman Graeme Samuel said.

Mr.Rob Murray, Lion Nathan chief executive previously said the takeover bid is now only subject to conditions which are regulatory, with the offer of 310 aud per share substantially above all past pricing benchmarks for Coopers shares.

Following the ACCC's ruling, Murray welcomed the regulator's decision and removed further conditions from its offer, calling on the Coopers board to accept the offer.

'The Coopers board is on record stating that its key concerns were ACCC approval and the condition relating to the Coopers buy-back. Now these concerns no longer apply, we can see no reasonable basis for rejecting the offer,' Rob Murray stated.

1 USD = 1.34 AUD ...More Info

EU: The court upholds EU commission cartel fine versus Brouwerij Haacht

Brewer Haacht must then pay the €270,000 fine imposed on it by the European Commission for cartel practices.

The EU's lower court has upheld the fine imposed by the European Commission on brewer Brouwerij Haacht NV for cartel activity, AFX News communicated on December 12. In making the ruling, the European Court of First Instance rejected the company's appeal for a reduction or annulment of the fine, set in 2001.

The court said in the judgment that the brewer 'demonstrated a degree of active participation in the cartel'. "As the applicant has been unsuccessful, it must be ordered to pay the costs, in accordance with the form of order sought by the Commission," ruled the Court of First Instance on December 6.

In a judgment originally delivered on Dec 5, 2001, the Court found that the brewer participated in a 'private label' cartel on the Belgian beer market -- providing beer for supermarkets to sell under their own brand name.

In 2001, the Commission fined Haacht (€270,000), Interbrew (€812,000, now InBev Belgium), Alken-Maes (€585,000) and Martens (€270,000) for 'involvement in a cartel relating to beer sold in Belgium bearing private labels'. Interbrew's fine was cut by 50 pct to 812,000 ...More Info

Malt News
USA: Prairie Malt receives internationally recognized Organic Certification

Prairie Malt is continuing to expand the range of malt products and services available to its valued customers around the world through an organic designation, Cargill communicated on December 2. The consumer demand for organic products continues to increase and Prairie Malt is responding to this demand with an organic certification solution for its current and potential new customers.

Company officials received PML’s organic certification in early November 2005 for the processing of barley and wheat. PML and Cargill’s Specialty Malt Group will work together in providing such products to existing and potential customers.

“Prairie Malt Limited is committed to making the ongoing adjustments necessary to ensure farmers have alternative value-added markets for their crops and that our brewing customers’ interests and requirements for new products are fully satisfied,” said Jack Foster, Director of Procurement for Prairie Malt. “We are extremely excited about this achievement and look forward to growing our business as a result,” he noted.

PML has been certified to the Organic Crop Improvement Association (OCIA) International’s Program and to the U.S. National Organic Program (NOP). OCIA International is one of the most recognized and trusted leaders in the organic industry - it is a non-profit organization.

OCIA ...More Info

World: Analysts about malt demand of international breweries

Large scale business, which started in October, continued in November, analysts report. In Venezuela, two large breweries, had finished their purchases in October, so did Ambev for their breweries in seven countries of Latin America.

In November the other Brazilian brewers followed covering approx. 250.000 tonnes inside Mercosur and from the EU. The price range was: EU 6row winter € 210,-/215,- and 2row spring € 225,-/230,- FOB EU ports.

Thailand confirmed purchases of 100.000 tonnes EU and 15.000 tonnes of Australian malt. EU prices were € 245,-/ 255,- CIF in bulk in container for 2rs and 2rw barley malt.

Korea had already bought 30.000 tonnes of Australian and Canadian malt in October. The No. 1 brewer followed in November, covering 90.000 tonnes of Australian malt at reported prices between US $ 300,- and 310,- CIF.

In Central America both Panama and Costa Rica purchased malt, Panama reportedly about 10.000 tonnes EU 2row spring barley malt at US $ 270,- FOB in bulk in container, Costa Rica Canadian malt at about US $ 310,- CIF.

Barley News
World: Without barley from the EU there would be a deficit in the world market

World barley markets will remain tight in the 2005-2006 market year, analysts have recently commented. They said that without barley from the EU there would be a deficit in the world market, therefore EU offers, definitely without export refunds, will be a yardstick for all other origins. Maybe the large Australian crop will create temporary pressure, analysts siad.

Altogether feed barley prices will remain well above other feed grains: EU barley FOB seaport, US $ 137,-, Ukrainian barley FOB Black Sea US $ 132,-, optional origin barley CIF Mediterranean US $ 153,-/154,-, CIF Saudi-Arabia US $ 157,-/158,-. US Yellow Corn FOB Gulf port US $ 96,-, CIF Mediterranean 130,-/135,-, Ukrainian feed wheat FOB Black Sea US $ 109,-/112,-, CIF Mediterranean 135,-/145,-. (Feed wheat prices have firmed substantially in view of poorer crop prospects for 2006 in the Black Sea countries).

Hops News
Slovenia: Hops Industry: history and nowadays

Hops have been cultivated in Slovenia for centuries. It is known that in 1156 hops were grown on the land of Bishop Nititabanorum de Lonca near Skofja Loka, according to Slovenian Hop Industry Association. The real beginning of hops growing in Slovenia and the Savinja valley was in 1870. At that time the most suitable variety for growing was a variety called Wuertenberg. 1886 is an important year for our (South Styrian) hops growing industry, namely that was the year when the growers Mr. Haupt and Mr. Hausenbiechler made their first experiments with the variety ‘Golding’. Trial crops were successful and hop growing spread its roots in the Savinja valley. The conditions in the valley were excellent for ‘Golding’ and the quality of crops could be compared to with that of all world producers. It was therefore not difficult to find a market for the crops. ‘Golding’ took the place of the Wuertenberg variety, which was later on - in 1928 - completely destroyed due to a downy mildew.

Nowadays, leading hops growing areas in Slovenia are the Savinja valley (Zalec), the Drava valley (Radlje), and the Sava valley (Brezice).

Hops produced in the Savinja valley are well known all over ...More Info


Malting barley prices. French barley prices.
Nominal prices.

EURO = USD 1.1723 December 06, 2005 
 Crop year   2005 
 Parity   FOB Creil 
 Position   July 2005 
Type   Variety  EURO  USD 
2RS  Scarlett  120.00  141.00 
2RS  Prestige  119.00  139.50 
2RS  Cellar  119.00  139.50 
2RS  Aspen  nq  nq 
2RS  Optic  nq  nq 
2RS  Sebastien  117.50  138.00 
2RS  Astoria  117.00  137.50 
2RS  Cork   116.50  136.50 
6RW  Esterel   105.50  124.00 
Table of the week

Australian Barley Supply and Disposal 2001-2006

in thousand tonnes 2001-2002 2002-2003 2003-2004 2004-2005 s 2005-2006 f
Production 8 280 3 865 10 382 6 454 8 430
   Domestic use 2 535 1 986 2 429 2 644 2 649
   as malt and other human use 161 165 168 172 176
   feed 2 200 1 650 2 100 2 300 2 300
   seed 174 171 161 172 173
 Exports  5 274 2 608 6 996 4 819 5 821
   as malting barley 1 705 1 099 2 135 1 409 1 832
   malt (grain equivalent) 600 624 624 612 630
   feed barley 2 971 885 4 241 2 799 3 359
s - ABARE estimated, f-ABARE forecast, source - ABARE November, 2005 Graph of the week


Agenda
December 2005:
December Holidaze Beer Tasting.
Kerstbierfestival (11th Christmas Beer Festival). O.B.E.R.

January 2006:
Big Beers Belgians & Barleywines Festival
Great Alaska Beer & Barley Wine Festival.
The Great Alaska Beer
St. Paul Winterfest.

February 2006:
Pianeta Birra - Beverage & Co.
Sarasota Rhythm & Brews
Florida's best beer festival offering more


More events are available on site e-malt.com
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