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E-Malt.com Flash 04b
January 24 - January 27, 2008
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Quote of the week

"We brewers don’t make beer, we just get all the ingredients together and the beer makes itself."
Fritz Maytag, President Anchor Brewing

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Currency Rates
Base Currency: Euro, EUR
on 25-January-2008

1 EUR = 1.4654 USD
1 EUR = 0.7477 GBP
1 EUR = 1.4931 CAD
1 EUR = 1.6757 AUD
1 EUR = 156.122 JPY
1 EUR = 2.6318 BRL
1 EUR = 36.0017 RUB
1 EUR = 10.6003 CNY
Base Currency: US Dollar
on 25-January-2008

1 USD = 0.6824 EUR
1 USD = 0.5103 GBP
1 USD = 1.0189 CAD
1 USD = 1.1435 AUD
1 USD = 106.541 JPY
1 USD = 1.7959 BRL
1 USD = 24.5675 RUB
1 USD = 7.2336 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
January 25, 2008
Crop 2007 Crop 2008
2rs Barley €317.0-319.0 2rs Barley €302.0-304.0 0.33%
6rw Barley €277.0-279.0 1.07% 6rw Barley €257.0-259.0
2rs Malt €578.0-580.0 0.17% 2rs Malt €549.5-551.5 0.64%
6rw Malt €528.0-530.0 0.47% 6rw Malt €493.0-495.0 0.41%

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 barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


Top Industry News

UK: Scottish & Newcastle finally accepts Carlsberg-Heineken offer ...Click here
India: United Breweries net profit drops 94.56% in the quarter ended December 2007 ...Click here
Romania: Romania enters global top 10 for beer consumption ...Click here
Russia: Beer production up 16% in 2007 ...Click here
China: Yanjing Brewery shares surge on expansion plans ...Click here
India: S&N deal may start fight for India's United Breweries ...Click here
Czech Republic: Czech beer is now protected by European Union ...Click here
Europe: Malting barley market steady, the supply still tight ...Click here
Canada: CWB confirms malting barley is available from pool ...Click here
Germany: Hops contain key to anti-cancer beer ...Click here




Germany: Micro-Brewers hope to fight sinking beer sales in Germany ...More Info
UK: InBev upset at decision of Young's Pub Company to delist Stella Artois ...More Info
Denmark: Carlsberg will sell $400 beer at gourmet restaurants ...More Info
Russia: SUN InBev appoints new Company’s President ...More Info
Canada: Big Rock Brewery Income Trust announces monthly distribution ...More Info
Hungary: InBev to set up finance center in Budapest ...More Info
USA: Anheuser-Busch to broadcast investor conference call over the Internet ...More Info
India: United Breweries promoters to convert warrants ...More Info
Canada: 2007-08 barley pool returns continue to strengthen ...More Info
Go to our news database with more than 12064 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

UK: Scottish & Newcastle finally accepts Carlsberg-Heineken offer
Carlsberg A/S and Heineken NV agreed to buy Scottish & Newcastle Plc for 7.8 billion pounds ($15.4 billion) after a three-month battle, according to ...More Info

India: United Breweries net profit drops 94.56% in the quarter ended December 2007
United Breweries, engaged in manufacturing and trading of beer including licensing of brands, disclosed a steep drop in net profit for the quarter ended ...More Info

Romania: Romania enters global top 10 for beer consumption
Beer consumption reached 100 litres per capita at the end of last year, which means Romania is among the top ten countries in the ...More Info

Russia: Beer production up 16% in 2007
Russian production of beer increased substantially in 2007, the Federal State Statistics Service (Rosstat) said, according to Interfax, January 23. ...More Info

China: Yanjing Brewery shares surge on expansion plans

Beijing Yanjing Brewery Co., China's third-biggest brewer, rose the most in three weeks after announcing plans to expand production to increase its share of the world's largest beer market, Bloomberg reported January 25.

Yanjing rose 4.7 percent to 23.97 yuan at the 3 p.m. trading close in Shenzhen, its biggest gain since Jan. 4.

The brewer aims to expand beer production to 5 million kiloliters by 2010, 25 percent more than in 2007, making it one of the world's eight biggest beermakers, the Beijing-based company said in a statement to Shenzhen's stock exchange today.

Yanjing, China's only major brewer without an overseas partner, is competing with Tsingtao Brewery Co. and China Resources Snow Breweries Co. to boost capacity as higher wages increase consumer demand.

``Their expansion will further increase competition and quicken the pace of consolidation of China's beer industry,'' said Guo Changsheng, an analyst at Shanghai Securities Co.

Yanjing plans to increase annual brewing capacity by 975,000 kiloliters and expand barley-processing capacity by 150,000 metric tons. Barley is a main ingredient in beer.

The expansion may boost annual profit by 120 million yuan, and sales by 2.53 billion yuan, Yanjing said.

The company posted 2006 net income of 306.9 million yuan and sales of 5.31 billion ...More Info


India: S&N deal may start fight for India's United Breweries
Heineken could find itself in a battle for control of India's top beer firm, United Breweries, once its bid for the brewer's part-owner, Scottish ...More Info

Czech Republic: Czech beer is now protected by European Union
European Commission ratified the document, by which the expression “Czech Beer” would be registered in European Union Trade Bulletin, Russian Beer Union reported January ...More Info

Barley News

Europe: Malting barley market steady, the supply still tight
The malting barley market in Europe remains steady despite last days monetary crisis, La Depeche published January 24.

Brewers are buying spring barley varieties, but ...More Info

Canada: CWB confirms malting barley is available from pool
The CWB has confirmed that it will offer forward sales contracts from the malting barley pool to interested maltsters and other customers, in addition ...More Info

Hops News

Germany: Hops contain key to anti-cancer beer
Researchers in Germany say that a cancer-fighting substance found in hops could be enhanced to brew a special anti-cancer beer, China Daily reported January ...More Info
Scientific Digest

Grain quality and yield of spring barley in field trials under variable growing conditions

M. Váňová(1), S. Palík(1), J. Hajšlová(2), I. Burešová(1) (1) Agricultural Research Institute Kroměříž, Ltd., Czech Republic (2) Institute of Chemical Technology, Prague, Czech Republic

Abstract
Effects of the year, previous crop and control of leaf diseases on grain yield, test weight, protein and starch content, Fusarium head blight (FHB) and deoxynivalenol (DON) content in grain were investigated in four spring barley varieties. The trials were set up in 2001–2004 at Kroměříž (235 m above sea level, average annual temperature 8.7°C, annual precipitation sum 599 mm) in a five-course crop rotation, where spring barley followed the previous crops sugar beet, winter wheat, maize, and oilseed rape. The experimental years differed a lot in temperature and precipitation. The years 2001 and 2002 were dry and warm and grain yield was much lower as compared to that in the following years even though the other growing conditions were identical. The most stable quality parameters were obtained after the previous crop sugar beet. The average value of test weight was 661 g/l (ranging from 629 to 685 g/l), protein content 11.2% (10.3–11.7%) and starch content 61.5% (58.9–64.9%). Grain yield averaged 6.67 t/ha. Test weight after maize was on average 658 g/l (619–692 g/l), protein content 11.5% (10.1–12.4%), starch content 60.7% (59.2–63.8%), and grain yield 6.24 t/ha. Test weight and starch content were lower and protein content higher after oilseed rape and winter wheat. A higher FHB incidence and DON content were found after the previous crop maize. In 2001 and 2002 with strong water deficit during the growing seasons, more grains infected by Fusarium spp. were detected and DON content was higher too. The increase was due to a short rainy period at heading of spring barley. Problems of variable conditions for growing malting varieties of spring barley and current possibilities of producing both good grain yields and quality are discussed. Keywords: malting spring barley; yield; quality parameters; Fusarium spp.; deoxynivalenol
... Load full article, 9 pages, 162 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

Prices Evolution

Prices evolution

Table of the week

UK Barley Supply and Demand Estimates
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


These Days in Business History
January 24
1902 Denmark sells Virgin Islands to USA
1935 1st canned beer, "Krueger Cream Ale," is sold by Kruger Brewing Co
1984 Apple Computer Inc unveil its Macintosh personal computer

January 25
1853 Basic financial disclosure becomes mandatory for all companies seeking to list their stock for trading on the New York Stock & Exchange Board.
1919 Founding of League of Nations
1959 First transcontinental commercial jet flight (LA to NY for $301)

January 26
1871 US income tax repealed
1886 Karl Benz patents 1st auto with burning motor
1921 Akio Morita, the co-founder of Sony Corp., is born in Nagoya, Japan.

January 27
1880 Thomas Edison patents electric incandescent lamp
1888 National Geographic Society organizes
1926 1st public demonstration of television by John L Baird, London

Agenda