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E-Malt.com Flash 10a
March 03 - March 05, 2008
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Quote of the week

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Currency Rates
Base Currency: Euro, EUR
on 05-March-2008

1 EUR = 1.5203 USD
1 EUR = 0.7658 GBP
1 EUR = 1.5068 CAD
1 EUR = 1.6304 AUD
1 EUR = 156.915 JPY
1 EUR = 2.546 BRL
1 EUR = 36.5284 RUB
1 EUR = 10.8188 CNY
Base Currency: US Dollar
on 05-March-2008

1 USD = 0.6578 EUR
1 USD = 0.5037 GBP
1 USD = 0.9911 CAD
1 USD = 1.0725 AUD
1 USD = 103.217 JPY
1 USD = 1.6747 BRL
1 USD = 24.0268 RUB
1 USD = 7.1161 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
February 27, 2008
Type Crop 2007 Crop 2008
2rs Barley €283.0-285.0 1.73% €283.0-285.0 1.05%
6rw Barley €252.0-254.0 0.39% €248.0-250.0
2rs Malt €541.0-543.0 1.09% €526.0-528.0 0.66%
6rw Malt €501.5-503.5 0.30% €482.0-484.0
Feed Barley €196.0-198.0 0.5% nq

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

China: Yanjing Brewery to raise beer prices and start processing its own barley ...Click here
UK: Scottish and Newcastle will be the first in the world to produce energy from spent grain ...Click here
Romania: Heineken acquires Bere Mures ...Click here
Philippines: San Miguel brewery’s net profit up 9% in 2007 ...Click here
Vietnam: Sabeco inaugurates Asia’s most modern beer plant ...Click here
Serbia: Carlsberg invests 30 million euro in Celarevo brewery to expand production capacity ...Click here
Uganda & Kenya: East African Breweries H1 pretax profit up 22% ...Click here
Europe: Malt markets inactive in February, prices not moved much ...Click here
Europe: Barley markets much weaker in February for both old and new crop ...Click here
Europe: Mild weather made farmers to start spring barley planting earlier ...Click here
Canada: Government introduces bill to end wheat board barley monopoly ...Click here




Belarus: President removes import quota on beer, allays advertising restrictions ...More Info
Canada: Russell Breweries announces Q2 2008 net loss of 49% ...More Info
Netherlands & UK: EU extends review of Heineken ...More Info
Malawi: Bottling and Brewing Group Limited launches Tuborg beer ...More Info
Australia: Fosters-owned Cascade brewery produces 'green' beer ...More Info
Luxembourg: Wernelin sells 250,000 InBev shares for 15.1 million euro ...More Info
Zimbabwe: SABMiller denies funding Makoni’s presidential campaign ...More Info
Canada: Sleeman Breweries replaces four senior executives including president ...More Info
Ukraine: Government to consider the question of barley export quota increasing on March 6 ...More Info
India: Barley futures may open higher on expected good demand from domestic brewers ...More Info
Jordan: Jordan tenders to buy 100,000 tonnes of feed barley ...More Info
Go to our news database with more than 12286 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

China: Yanjing Brewery to raise beer prices and start processing its own barley
Beijing Yanjing Brewery Co will raise beer prices and start processing its own barley this year, as it joins other Chinese food and beverage ...More Info

UK: Scottish and Newcastle will be the first in the world to produce energy from spent grain
A brewery has taken a major step towards being self-sufficient in energy. Scottish and Newcastle (S&N) will be the first in the world to ...More Info

Romania: Heineken acquires Bere Mures
Heineken N.V. announced that it is to acquire the Romanian brewer Bere Mures, in a press release, February 29. The transaction will strengthen Heineken’s ...More Info

Philippines: San Miguel brewery’s net profit up 9% in 2007
Southeast Asian food and drinks company San Miguel said net profit at its flagship Philippine beer unit grew 9 percent to 8 billion pesos ...More Info

Vietnam: Sabeco inaugurates Asia’s most modern beer plant
The Saigon Beer Alcohol Beverage Corporation (Sabeco) held an inauguration ceremony for its new brewery in Ho Chi Minh City’s outlying district of Cu ...More Info

Serbia: Carlsberg invests 30 million euro in Celarevo brewery to expand production capacity
Carlsberg Serbia has announced that it will invest EUR 30 mln in its Čelarevo brewery, Beta News reported March 3.

The money will be spent ...More Info

Uganda & Kenya: East African Breweries H1 pretax profit up 22%

East African Breweries posted a 22 percent rise in first-half pretax profit to 6.45 billion shillings, ($94.85 million) for the six months ended December 31, 2007, boosted by sales in its main Kenyan market, the company said, according to Reuters, March 3.

"We have delivered extremely good profit before tax growth of 22 percent. Kenya has provided the powerhouse of revenue growth," group commercial director Chris Caldwell told a briefing for investors.

Kenya contributed 66 percent of the group's 16.1 billion shillings of revenues in the first half to end-December, up 27 percent from the previous year's total.

The company, majority owned by the world's biggest drinks group, Diageo, had pretax profit of 5.3 billion shillings in the first half a year ago.

EABL said post-election unrest in Kenya had disrupted transportation of products and fuel to plants in Uganda for five days in December, and slowed sales in January and February.

A disputed presidential vote triggered violence that killed at least 1,000 people, displaced 300,000 and interrupted economic activity.

The company hopes to recover in the second half, after President Mwai Kibaki and opposition leader Raila Odinga signed a power-sharing deal last week, helping ease tension in the country and restore investor confidence.

"In the last ...More Info


Malt News

Europe: Malt markets inactive in February, prices not moved much
Malt markets have been inactive, prices have not moved much, analysts reported February 29. They have followed weaker malting barley prices only to a ...More Info

Barley News

Europe: Barley markets much weaker in February for both old and new crop
Old crop markets are much weaker than in January, the analysts reported February 29. The reason is an unexpected large offer of French winter ...More Info

Europe: Mild weather made farmers to start spring barley planting earlier
Winter is over, and it has been warmer again than in former years, analysts reported February 29. There has been sufficient precipitation except for ...More Info

Canada: Government introduces bill to end wheat board barley monopoly
The Conservatives introduced a bill to end the Canadian Wheat Board's monopoly on sales of western barley, a move that opponents see as the ...More Info
Scientific Digest

Comparison of Foam Quality and the Influence of Hop a-Acids and Proteins Using Five Foam Analysis Methods

D. Evan Evans and Anne Surrel, Tasmanian Institute of Agricultural Research, University of Tasmania, Hobart, TAS, Australia; Megan Sheehy and Douglas C. Stewart, Joe White Maltings Ltd., Adelaide, SA, Australia; and Louise H. Robinson, Lion Nathan Limited, Lidcombe, NSW, Australia


Abstract
J. Am. Soc. Brew. Chem. 66(1):1-10, 2008 Rudin, NIBEM, lacing index, cylinder pour, and shake foam quality tests were comprehensively compared to evaluate their utility and responsiveness to beer components that are thought to influence foam quality. Each of the tests responded differently to beer characteristics that influence beer foam quality. The Rudin and shake tests responded positively to the level and content of foam-promoting proteins (i.e., protein Z4) and also to the level of isomerized hop a-acids in beer. However, the shake test did not differentiate between isomerized and hydrogenated hop a-acids, whereas the Rudin test did. The lacing index responded positively to isomerized hop a-acids, hydrogenated in particular, but possibly negatively to alcohol. Hydrogenation of hop a-acids and protein Z4 increased foam stability as measured by the cylinder pour test, whereas alcohol, higher pH, and CO2 level tended to reduce foam stability. A positive association with the level of isomerized hop acids was not observed; however, further investigation is required to clarify this. Finally, the NIBEM test results were influenced positively by the level of isomerized hop acids and protein Z4, while they were negatively correlated with viscosity and final gravity. Hop a-acid hydrogenation substantially improved NIBEM foam stability compared with isomerized hop a-acids. The NIBEM test was correlated positively with the Rudin, cylinder pour, lacing index, and shake (foam quality generated) tests. These comparisons and observations suggest how these foam quality evaluation tests may be best used for quality control/assurance and beverage development.
... Load full article, 10 pages, 212 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

Malt Price Evolution, Crop 2008

Source: E-malt.com

Table of the week
EU Malt Export Licence Fixations
Table of the week. Make it clear - Membership for one year is 169 EUR.

Graph Of The Week



These Days in Business History
March 3
1885 American Telephone and Telegraph (AT&T) incorporates
1979 Meeting in Geneva, OPEC declares that its members will raise the price of crude oil 9% in a single leap, from $13.34 to $14.55, igniting another round of global inflation.
2000 On the same day, technology stocks set a record for industry representation in the Standard & Poor’s 500-stock index, at 34.9%, and Cisco Systems, Inc. becomes the world’s most valuable corporation, with a total market value of $548 billion.

March 4
1902 American Automobile Association, AAA, founded in Chicago
1977 1st CRAY 1 supercomputer shipped, to Los Alamos Laboratories, New Mexico
1991 Bank of Credit and Commerce International divests itself of 1st American Bank

March 5
1558 Smoking tobacco introduced in Europe by Francisco Fernandes
1868 Stapler patented in England by C. H. Gould
1924 Computing-Tabulating-Recording Corp becomes IBM
Agenda