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E-Malt.com Flash 47a
November 19 - November 21, 2007
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Quote of the week
"Sometimes, we just don't know enough about what we are trying to achieve."
Stuart Wilde

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Currency Rates

Base Currency: Euro, EUR
on 21-November-2007

1 EUR = 1.4724 USD
1 EUR = 0.7159 GBP
1 EUR = 1.4469 CAD
1 EUR = 1.663 AUD
1 EUR = 162.01 JPY
1 EUR = 2.597 BRL
1 EUR = 35.9287 RUB
1 EUR = 10.9467 CNY
Base Currency: US Dollar
on 21-November-2007

1 USD = 0.6792 EUR
1 USD = 0.4863 GBP
1 USD = 0.9827 CAD
1 USD = 1.1294 AUD
1 USD = 110.037 JPY
1 USD = 1.7638 BRL
1 USD = 24.4018 RUB
1 USD = 7.4347 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
November 21, 2007
Crop 2007 Crop 2008
2rs Barley €299.0-301.0 2.91% 2rs Barley €260.0-262.0 1.51%
6rw Barley €263.0-265.0 4.69% 6rw Barley €233.0-235.0 0.85%
2rs Malt €538.5-540.5 2.09% 2rs Malt €484.5-486.5 1.02%
6rw Malt €493.5-495.5 3.13% 6rw Malt €450.5-452.5 0.55%

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. Average Malt Prices are theoretical and based FOB Antwerp being estimated on French malting . The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


Top Industry News

Netherlands & UK: SABMiller to buy Grolsch for €816 million ...Click here
China: China Resources Enterprise 3rd quarter 2007 profit up 21% on booming premium beer brand ...Click here
Australia: Lion Nathan to build new $A215 million brewery ...Click here
Switzerland: Beer sales up 2.5% in 2006-07 ...Click here
Canada & Mexico: Grupo Modelo expanding in Canadian market through joint venture with Molson Coors ...Click here
Malaysia: Carlsberg Malaysia's 3rd quarter 2007 net profit up slightly aided by restructuring benefits ...Click here
Europe: 2007-08 forecasts for malt export licence fixations higher than last year ...Click here
India: Barley prices surge on buoyant beer market ...Click here
Australia: Graincorp closed its new-season barley pool to protect it from failing international markets ...Click here
Ukraine: Major delays are anticipated before barley export shipment will commence ...Click here




Denmark & Netherlands: Carlsberg and Heineken said S&N trading update brings no surprises ...More Info
UK: Five reasons British beer sales have slumped ...More Info
USA: SABMiller and Molson Coors receive request for additional information Antitrust Division of the U.S. Department of Justice in connection with proposed joint venture ...More Info
USA: Anheuser-Busch to increase TV advertising spending by $100 million for core beer brands ...More Info
UK: Scottish & Newcastle announces 3rd quarter 2007 trading update ...More Info
Europe: Analysts worried Heineken's bid for Scottish & Newcastle may cause its shares shrink ...More Info
Tanzania: Tanzania Breweries profit rise 12% in April-September 2007 ...More Info
Ukraine: January-October 2007 barley sales averaged UAH880.5 per MT, up 85.9% y/y ...More Info
Go to our news database with more than 11742 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Netherlands & UK: SABMiller to buy Grolsch for €816 million
SABMiller Plc, the world's third- largest brewer, agreed to buy Royal Grolsch NV for 816 million euros ($1.2 billion), according to SABMiller’s press release, ...More Info

China: China Resources Enterprise 3rd quarter 2007 profit up 21% on booming premium beer brand
China Resources Enterprise Ltd, the country's largest brewer of beer, posted a 21 percent rise in third-quarter profit thanks to strong retail and beverage ...More Info

Australia: Lion Nathan to build new $A215 million brewery
Lion Nathan has chosen a site in the industrial suburb of East Tamaki for its new $NZ250 million ($A214.92 million) Auckland brewery, The Sidney ...More Info

Switzerland: Beer sales up 2.5% in 2006-07
Beer sales have increased 2.5% in 2006/2007, according to Swiss TXT, November 19. The per capita consumption has grown 0.7 liters up to 57.1 ...More Info

Canada & Mexico: Grupo Modelo expanding in Canadian market through joint venture with Molson Coors

Top Mexican brewer Modelo, maker of the popular Corona beer, said it signed a deal with Molson Coors Brewing Co to expand a joint venture in Canada, according to Reuters, November 20.

Modelo said Molson Coors will import, distribute and sell Modelo's beers in all of Canada's provinces from January 2008. Currently, Molson Coors only sells Modelo brands in Ontario, Quebec and the Atlantic provinces of Canada.

Modelo is half owned by Anheuser Busch Cos Inc, the U.S. beer giant.


Malaysia: Carlsberg Malaysia's 3rd quarter 2007 net profit up slightly aided by restructuring benefits
Carlsberg Brewery Malaysia Bhd said third-quarter net profit improved marginally to 27 million ringgit from 24 million ringgit in the same period last year ...More Info

Malt News

Europe: 2007-08 forecasts for malt export licence fixations higher than last year
EU malt export licence fixations of 616.000 tons during July 1 – October 30 run exactly at the pace of last year’s bookings, analysts ...More Info

Barley News

India: Barley prices surge on buoyant beer market
India's barley prices have soared on growing demand from beer makers in India, besides higher export orders, analysts, traders and beermakers said, according to ...More Info

Australia: Graincorp closed its new-season barley pool to protect it from failing international markets

Graincorp's sudden closure of its new-season barley pool has sparked anger among growers who have not even had a chance to harvest yet, The Land reported November 21.

The decision to close the pool to protect it from falling international markets, is being held up by the pro-single desk lobby as a sign of things to come if the wheat market is deregulated.

The estimated returns from the 2007-08 No2 barley pool now being offered by GrainCorp is roughly $40/t below that of the No1 pool price, which closed last Friday before harvest had started in many areas of Victoria and South Australia.

In a special report to be published in The Land, NSW, on November 22, GrainCorp national barley pool manager, Adam Robinson, says it was decided to protect the equity of growers who had delivered, after the barley market fell by more than $50/tonne in three weeks.


Ukraine: Major delays are anticipated before barley export shipment will commence
UkrAgroConsult estimates the Ukrainian barley crop at 6.15 Mill. tons, analysts recently reported. The administration introduced a quota system for exports, which will allow ...More Info
Scientific Digest

Determination of the high molecular weight ß-glucan content of malt wort by a spectrophotometric method - determination of the accuracy, repeatability and reproducibility

Submitted by F.J.M. Freijee on behalf of the Analysis Committee of the European Brewery Convention.

Abstract
A new spectrophotometric method for the determination of the soluble high molecular weight mixed linkage (1,3)(1,4) ß-D glucan (ß-glucans) fraction present in malt was collaboratively tested by the Analysis Committee of the European Brewery Convention according to ISO Standard 5725-2 in order to determine its suitability for publication in Analytica-EBC. At the same time and by using the same samples the fluorimetric method used currently was also collaboratively tested. Accuracy, repeatability r(95) and reproducibility R(95) values are presented.
... Load full article, 6 pages, 532 Kb, PDF file

Malting barley prices.

Prices for Danish malting barley are available
on site www.e-malt.com/MarketPrices

Theoretical malt prices

Theoretical malt prices (Crop 2007, Crop 2008).


NB: Prices published are theoretical malt prices including financial cost, THC (for bulk and bags container) and all administrative costs. This prices may fluctuate according to the quantity per delivery and technical specifications.

* - 70/30 = 70% Average two Rows Spring and 30% Six Rows Winter
** - 50/50 = 50% Average two Rows Spring and 50% Six Rows Winter

Table of the week

EU Malt Export Licence Fixations as of October 30, 2007
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


These Days in Business History
November 19
1493 Christopher Columbus discovers Puerto Rico, on his 2nd voyage
1893 1st newspaper color supplement (NY World)
1959 Ford cancels Edsel

November 20
1923 Garrett Morgan invents & patents traffic signal
1959 U.N. adopts Universal Declaration of Children's Rights
1984 McDonald's made its 50 billionth hamburger

November 21
1877 Tom Edison announces his "talking machine" invention (phonograph)
1930 1st commercial crossing of Pacific by plane (China Clipper)
1977 1st flight of Concorde, London to New York
Agenda