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Click here to get full size Newsletter
"When I die I want to decompose in a barrel of porter and have it served in all the pubs in Dublin."
J P Donleavy, The Ginger Man
Base Currency: Euro, EUR
on 14-December-2007
1 EUR = 1.4687 USD
1 EUR = 0.7189 GBP
1 EUR = 1.4904 CAD
1 EUR = 1.6683 AUD
1 EUR = 164.464 JPY
1 EUR = 2.6112 BRL
1 EUR = 35.9417 RUB
1 EUR = 10.8371 CNY
|
Base Currency: US Dollar
on 14-December-2007
1 USD = 0.6809 EUR
1 USD = 0.4895 GBP
1 USD = 1.0147 CAD
1 USD = 1.1358 AUD
1 USD = 111.984 JPY
1 USD = 1.7779 BRL
1 USD = 24.4716 RUB
1 USD = 7.3786 CNY
|
|
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.
Japan: Beer, quasi-beer shipments down 1.1% in November 2007
...Click here
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Nigeria: Nigeria Breweries profit increased 41% in January-September 2007
...Click here
|
India: Asahi Breweries launches its No.1 beer Asahi Super Dry on Indian market
...Click here
|
Netherlands: Dutch catering industry drops legal cases against Heineken, Grolsch and Bavaria on cartel deal
...Click here
|
Australia: Cascade Brewery looks to import barley for the first time in 18 years
...Click here
|
Europe: Malsters more interested in 2008 barley crop
...Click here
|
Canada: Barley production up 15% in 2007 y/y due to higher seeded area
...Click here
|
Japan: Sapporo Breweries to release beer with 50% less sugar in February 2007
...More Info
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Moldova: Efes Vitanta Moldova Brewery beer sales up 10.1% in 9 month of 2007
...More Info
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UK: InBev’s vice president of marketing Devin Kelly has left the company
...More Info
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Finland: No images of people under 25 years in beer advertising
...More Info
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USA: Miller to test market low-calories craft beers under Lite brand
...More Info
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India: United Breweries Holdings raises $152 million from placement
...More Info
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Germany: Bavaria region bans smoking in public areas, Oktoberfest festival may suffer
...More Info
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Canada: Big Rock Brewery Income Trust appoints new independent director
...More Info
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Australia: Victoria and NSW barley pool estimates unchanged
...More Info
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Japan: Beer, quasi-beer shipments down 1.1% in November 2007
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Shipments of beer and quasi-beer beverages in Japan in November fell 1.1 pct from a year before to 39,293,000 cases due to a plunge in demand for "happoshu" beverages, Jiji Press reported December 12.
Shipments of happoshu low-malt quasi-beer beverages sank 9.8 pct to 9,031,000 cases, posting the seventh straight month of decline, amid a dearth of new product launches.
Each case contains the equivalent of 20 633-milliliter bottles.
Beer shipments dropped 1.2 pct to 22,124,000 cases, marking the first fall in two months, on the back of slow demand from restaurants.
But shipments of third-segment beverages, which have little or no malt content, grew 10.8 pct to 8,137,000 cases, a record for November, led by new products.
Among major brewers, Kirin Brewery Co. and Suntory Ltd. posted gains, while Sapporo Breweries Ltd. and Asahi Breweries Ltd. suffered drops.
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Nigeria: Nigeria Breweries profit increased 41% in January-September 2007
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Nigerian Breweries PLC has declared a total of N17.9 billion as Profit before Tax (PBT) for the nine months ended 30th September, 2007, Vanguard published December 14. This represents a 42 per cent increase over the N12.6 billion, which it declared as PBT for the same period in 2006.
The company's un-audited and provisional result for the third quarter released over the weekend also shows that it made a turnover of N77.5 billion, representing a 26 per cent increase over the N61.5 billion achieved for the corresponding period of 2006.
The rise in turnover resulted from the market growth which began mid-2006 and continued during the outgoing year.
The company also recorded a 146 per cent reduction on its Net Financing Cost from a negative figure of N612.27 million in the third quarter of 2006 to a positive figure of N280.9 million in 2007 indicating a significant reduction in the Net Financing Cost.
The company's Profit after Tax (PAT) for the period under review stood at N12.0 billion, showing a 42 per cent increase over the N8.45 billion recorded in the preceding year.
From a statement by Nigerian Breweries, the company's market leadership continued during the third quarter of 2007 and the Directors are of
...More Info
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India: Asahi Breweries launches its No.1 beer Asahi Super Dry on Indian market
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Japan's No. 1 beer, Asahi Super Dry, was launched in India by Sula Selections, the import arm of Sula Vineyards at Shiro, Smashits reported November 28.
Asahi Super Dry is the 9th largest-selling beer in the world. Sula Selections is the exclusive importer and distributor of Asahi in India, adding to a strong portfolio that includes Hardys of Australia, Two Oceans of South Africa, Chianti Ruffino of Italy and Mateus Rose of Portugal.
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UK: SABMiller acquires 5% stake in Grolsch
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SABMiller, the world's second-biggest brewer which is buying Grolsch NV, has acquired a 5 percent stake in the Dutch company, the Dutch stock market regulator said, according to Reuters, December 13.
Last month, SABMiller agreed to acquire Grolsch for 816 million euros ($1.2 billion) in cash or 48.25 euros a share to reinforce its position in the fast-growing premium beer market.
London-based SABMiller makes Miller Lite, Castle and Peroni beers. Grolsch gets the bulk of its income in the Netherlands, with Britain as its second-biggest market.
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Netherlands: Dutch catering industry drops legal cases against Heineken, Grolsch and Bavaria on cartel deal
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Dutch hotel and catering industry association Koninklijke Horeca Nederland has dropped its legal cases against breweries Heineken, Grolsch and Bavaria, according to Thomson Financial, December 13.
The association sued the breweries to get financial compensation after the European Commission fined the breweries for forming a beer cartel in the 1990s.
Just one of the breweries was initially interested in talking to the catering association to come to a voluntary agreement on compensation, the association said, but other breweries refused, triggering the lawsuits.
Now, however, all the breweries have indicated that they are willing to discuss the matter 'openly and directly,' removing the necessity of the lawsuits, which were started in September of this year, the association said in a statement.
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Australia: Cascade Brewery looks to import barley for the first time in 18 years
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Cascade Brewery, a major Tasmanian brewery will import barley for the first time in 18 years, according to ABC News, December 13.
After two dry seasons, the Cascade Brewery will need to find up to half its malting barley from the mainland.
The grain shortage also means it will have to pay 30 per cent more.
Cascade's maltings manager, Roger Ibbott, says the imported grain will need to be segregated to preserve the brewery's iconic Tasmanian brand.
"Whereas when it's all local it doesn't matter, we can just use any malt that we've got in our storage for any of our products, once we bring in grain from interstate, we've got to look at where we use that," he says.
"And we'll be looking to use that in the brands that are not our Tasmanian brands. So the products that we make that are more generic Fosters brands".
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Europe: Malsters more interested in 2008 barley crop
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While the activity on this year barley crop stays limited, European malsters are more interested in covering their needs for the 2008 crop, according to La Depeche, December 13.
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Canada: Barley production up 15% in 2007 y/y due to higher seeded area
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Production is estimated to have increased by 15% to 11.0 Mt, slightly lower than the 10-year average, due to higher seeded area, according to Agriculture and Agri-Food Canada, December 10.
However, supply has declined slightly as a result of significantly lower carry-in stocks. Crop quality is slightly below average. Exports are forecast to rise sharply, while domestic feed use decreases. Carry-out stocks are projected to decrease by 13%. The average off- Board feed barley price (No.1 CW I/S Lethbridge) is forecast to increase driven by strong export demand and the strength in other markets.
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Czech Republic: Czech hops harvest up 3% in 2007
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Czech hops growers this year harvested 5,630 tonnes of hops, 3 percent more than last year, and per hectare yield was 1.04 tonnes, 0.03 tonne more year-on-year, Zdenek Rosa, secretary of the Hops Growers' Association told CTK, December 11.
Last year's hops harvest was below average.
In 2005, 7,831 tonnes of hops were harvested, at per hectare yield of 1.38 tonnes.
This year's harvest was 28 percent lower than in 2005.
"The economic situation of hops growers was not very good last year, and will not improve this year. The current purchasing price of Kc150,000 per tonne does not enable farmers to invest. We would like the price to be Kc10,000 to Kc15,000 higher," the association's chairman said earlier.
Hops fields this year covered 5,389 hectares, 25 hectares less year-on-year. This is the smallest area in 136 years. In 1871, hops fields in the country covered 5,300 hectares, and the area was then growing steadily. In 1993, the country had a record 10,547 hectares of hops fields.
By area of hops fields, the Czech Republic ranks third in the world behind Germany and the USA. Some 80-to-
85 percent of Czech hops is exported, and Japan is the biggest buyer.
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Malting barley: storage, dormancy and processing quality
R. Reuss, J.A. Cassells and J.R. Green CSIRO Entomology, GPO Box 1700, Canberra, ACT 2601R. Nischwitz Barett Burston Malting Co., Central Laboratory Gough Street, GPO Box 153B, Melbourne, Victoria 3001
Abstract
Preharvest sprouting of malting barley causes substantial commercial losses to the grain industry. The use of
dormant barley varieties could reduce the risk of weather damage, but dormancy and water sensitivity are undesirable
during malting. Storage conditions largely determine the rate of postharvest breakdown of dormancy and water sensitivity.
This process may take months, to the disadvantage of handlers and maltsters. Our research has identified several
options for managing barley dormancy to provide opportunities to malt and export barley earlier. This would open the
door to the use of more dormant barley varieties to reduce preharvest sprouting. The use of agricultural chemicals to
break dormancy before or after storage is one possible option. Alternatively, the use of dry heat is an attractive option
avoiding market sensitivities to chemical use. Finally, by manipulating the storage process, postharvest dormancy
breakdown can be accelerated without compromising barley quality. Here we present preliminary results of a threeyear
project that aims to understand the interaction between storage conditions, barley quality and dormancy.
...
Load full article, 5 pages, 73 Kb, PDF file
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French barley prices. Nominal prices
EURO = USD 1.4687 December 14, 2007 |
Crop year |
2007 |
2008 |
Parity |
FOB Creil |
FOB Creil |
Position |
July 2007 |
July 2008 |
Type |
Variety |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
294.00 |
432.00 |
276.00 |
405.50 |
2RS |
Prestige |
293.00 |
430.50 |
275.00 |
404.00 |
2RS |
Cellar |
292.00 |
429.00 |
274.00 |
402.50 |
2RS |
Sebastien |
291.00 |
427.50 |
273.00 |
401.00 |
2RS |
Astoria |
291.00 |
427.50 |
273.00 |
401.00 |
2RS |
Cork |
291.00 |
427.50 |
273.00 |
401.00 |
6RW |
Esterel |
259.00 |
380.50 |
241.00 |
354.00 |
Prices for Danish malting barley are available on site
www.e-malt.com/MarketPrices
EURO = USD 1.4687 December 14, 2007 |
Crop year |
2007 |
Parity |
FOB Antwerp |
Position |
Dec 2007 - Sept 2008 |
Conditioning |
Bulk |
In bags |
Bulk containers |
Bags, containers |
Malting barley variety |
EURO |
USD |
EURO |
USD |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
542.00 |
796.00 |
565.50 |
830.50 |
557.50 |
818.50 |
571.50 |
839.50 |
2RS |
Prestige |
540.50 |
794.00 |
564.50 |
829.00 |
556.50 |
817.00 |
570.50 |
837.50 |
2RS |
Cellar |
539.50 |
792.50 |
563.00 |
827.00 |
555.00 |
815.00 |
569.50 |
836.00 |
2RS |
Sebastien |
538.50 |
790.50 |
562.00 |
825.50 |
554.00 |
813.50 |
568.00 |
834.00 |
2RS |
Astoria |
538.50 |
790.50 |
562.00 |
825.50 |
554.00 |
813.50 |
568.00 |
834.00 |
2RS |
Cork |
538.50 |
790.50 |
562.00 |
825.50 |
554.00 |
813.50 |
568.00 |
834.00 |
2RS |
Average price |
539.50 |
792.50 |
563.00 |
827.00 |
555.00 |
815.00 |
569.50 |
836.00 |
6RW |
Esterel |
498.00 |
732.50 |
522.50 |
767.50 |
514.50 |
755.50 |
528.50 |
776.50 |
* |
Asia Malt 70/30 |
527.50 |
774.50 |
551.00 |
809.00 |
543.00 |
797.50 |
557.00 |
818.00 |
** |
Asia Malt 50/50 |
519.50 |
762.50 |
543.00 |
797.50 |
534.50 |
785.50 |
549.00 |
806.00 |
EURO = USD 1.4687 December 14, 2007 |
Crop year |
2008 |
Parity |
FOB Antwerp |
Position |
Oct 2008 - Sept 2009 |
Conditioning |
Bulk |
In bags |
Bulk containers |
Bags, containers |
Malting barley variety |
EURO |
USD |
EURO |
USD |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
509.00 |
747.50 |
532.50 |
782.50 |
524.50 |
770.50 |
538.50 |
791.50 |
2RS |
Prestige |
508.00 |
745.50 |
531.50 |
780.50 |
523.50 |
768.50 |
537.50 |
789.50 |
2RS |
Cellar |
506.50 |
744.00 |
530.50 |
778.50 |
522.00 |
767.00 |
536.50 |
787.50 |
2RS |
Sebastien |
505.50 |
742.00 |
529.00 |
777.00 |
521.00 |
765.00 |
535.00 |
786.00 |
2RS |
Astoria |
505.50 |
742.00 |
529.00 |
777.00 |
521.00 |
765.00 |
535.00 |
786.00 |
2RS |
Cork |
505.50 |
742.00 |
529.00 |
777.00 |
521.00 |
765.00 |
535.00 |
786.00 |
2RS |
Average price |
506.50 |
744.00 |
530.50 |
778.50 |
522.00 |
767.00 |
536.50 |
787.50 |
6RW |
Esterel |
465.00 |
684.50 |
489.50 |
719.00 |
481.50 |
707.50 |
495.50 |
728.00 |
* |
Asia Malt 70/30 |
494.50 |
726.00 |
518.00 |
761.00 |
510.00 |
749.00 |
524.00 |
769.50 |
** |
Asia Malt 50/50 |
486.50 |
714.00 |
510.00 |
749.00 |
502.00 |
737.00 |
516.00 |
758.00 |
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
EU Barley Production, 2007
|
WINTER |
SPRING |
TOTAL |
|
Acr. 1000ha |
Yield t/ha |
Prod. 1000t |
Acr. 1000ha |
Yield t/ha |
Prod. 1000t |
Acr. 1000ha |
Yield t/ha |
Prod. 1000t |
Belgium |
43 |
7.9 |
338 |
6 |
4.7 |
28 |
49 |
7.4 |
365 |
France |
1,184 |
5.7 |
6,762 |
519 |
5.2 |
2,694 |
1,703 |
5.6 |
9,456 |
Germany |
1,438 |
5.8 |
8,360 |
496 |
4.3 |
2,119 |
1,934 |
5.4 |
10,480 |
Ireland |
18 |
8.0 |
144 |
149 |
6.6 |
986 |
168 |
6.7 |
1,130 |
Luxemburg |
6 |
5.0 |
30 |
3 |
4.7 |
14 |
9 |
5.0 |
45 |
Netherlands |
4 |
7.0 |
28 |
41 |
5.7 |
232 |
45 |
5.8 |
260 |
U.K. |
378 |
6.2 |
2,343 |
507 |
5.5 |
2,806 |
885 |
5.8 |
5,149 |
Total NW Europe |
3,071 |
5.9 |
18,005 |
1,721 |
5.2 |
8,879 |
4,793 |
5.6 |
26,885 |
Denmark |
169 |
5.0 |
850 |
464 |
5.0 |
2,306 |
633 |
5.0 |
3,156 |
Estonia |
2 |
1.5 |
3 |
139 |
2.7 |
371 |
141 |
2.7 |
374 |
Finland |
- |
- |
- |
550 |
3.7 |
2,039 |
550 |
3.7 |
2,039 |
Latvia |
5 |
3.4 |
17 |
140 |
2.7 |
378 |
145 |
2.7 |
395 |
Lithuania |
12 |
3.6 |
43 |
365 |
2.8 |
1,023 |
378 |
2.8 |
1,066 |
Poland |
174 |
3.8 |
664 |
1,061 |
3.2 |
3,402 |
1,234 |
3.3 |
4,066 |
Sweden |
8 |
5.3 |
42 |
312 |
4.5 |
1,395 |
321 |
4.5 |
1,437 |
Total Baltic Region |
370 |
4.4 |
1,619 |
3,031 |
3.6 |
10,914 |
3,402 |
3.7 |
12,533 |
Austria |
74 |
5.7 |
421 |
119 |
3.3 |
390 |
193 |
4.2 |
811 |
Bulgaria |
174 |
2.4 |
422 |
20 |
2.0 |
39 |
194 |
2.4 |
461 |
Czech Rep. |
130 |
4.8 |
627 |
369 |
3.5 |
1,293 |
499 |
3.8 |
1,920 |
Hungary |
185 |
3.7 |
684 |
139 |
2.6 |
358 |
324 |
3.2 |
1,041 |
Romania |
195 |
1.6 |
311 |
170 |
1.1 |
193 |
365 |
1.4 |
504 |
Slovakia |
19 |
3.8 |
73 |
192 |
3.2 |
622 |
211 |
3.3 |
695 |
Slovenia |
16 |
4.2 |
67 |
2 |
3.5 |
7 |
19 |
3.9 |
74 |
Total SE Europe |
793 |
3.3 |
2,605 |
1,011 |
2.9 |
2,902 |
1,805 |
3.1 |
5,506 |
Cyprus |
55 |
1.6 |
90 |
- |
- |
- |
55 |
1.6 |
90 |
Greece |
115 |
2.3 |
265 |
- |
- |
- |
115 |
2.3 |
265 |
Italy |
338 |
3.6 |
1,206 |
- |
- |
- |
338 |
3.6 |
1,206 |
Portugal |
40 |
1.9 |
74 |
- |
- |
- |
40 |
1.9 |
74 |
Spain |
683 |
3.1 |
2,146 |
2,537 |
3.7 |
9,452 |
3,220 |
3.6 |
11,598 |
Total Mediterranean |
1,231 |
3.1 |
3,781 |
2,537 |
3.7 |
9,452 |
3,768 |
3.5 |
13,233 |
TOTAL EU (excl. Malta) |
5,465 |
4.8 |
26,010 |
8,300 |
3.9 |
32,147 |
13,768 |
4.2 |
58,157 |
December 13
1734 England & Russia sign trade agreement
1898 Hannibal Goodwin patents celluloid photographic film
1983 British Airways incorporates
December 14
1911 South Pole 1st reached, by Norwegian Roald Amundsen
1960 Organization for Economic Cooperation & Development (OECD) forms
1967 DNA created in a test tube
December 15
1792 1st life insurance policy issued in US (Philadelphia)
1832 Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris).
1854 1st street-cleaning machine in U.S. 1st used in Philadelphia
1886 For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares.
December 16
1834 Léon Walras French economist is born
1905 "Variety", covering all phases of show business, 1st published
1908 1st credit union in US forms (Manchester NH)
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Copyright © E-Malt s.a. 2007
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