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E-Malt.com Flash 32b
August 06 - August 10, 2008
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Currency Rates
Base Currency: Euro, EUR
on 07-August-2008

1 EUR = 1.5461 USD
1 EUR = 0.7915 GBP
1 EUR = 1.6145 CAD
1 EUR = 1.6908 AUD
1 EUR = 168.036 JPY
1 EUR = 2.4412 BRL
1 EUR = 36.4849 RUB
1 EUR = 10.606 CNY
Base Currency: US Dollar
on 07-August-2008

1 USD = 0.6468 EUR
1 USD = 0.5119 GBP
1 USD = 1.0442 CAD
1 USD = 1.0936 AUD
1 USD = 108.687 JPY
1 USD = 1.5789 BRL
1 USD = 23.5975 RUB
1 USD = 6.8597 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

August 07, 2008

Type Crop 2007 Crop 2008
2rs Barley nq €193.0-195.0 1.02%
6rw Barley nq €173.0-175.0 2.79%
2rs Malt €536.5-538.5 €432.5-434.5 0.57%
6rw Malt €503.5-505.5 €407.0-409.0 1.57%
Feed Barley nq €151.0-153.0 3.18%

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: Tsingtao Brewery to focus on cost reduction ...Click here
South Africa: Heineken to launch a new South African brewery in June 2009 ...Click here
Russia: Baltika Breweries reveals successful financial results for H1 2008 ...Click here
Czech Republic: Beer market report forecasts stable beer sales for 2007 - 2012 ...Click here
Chile: Leading brewer CCU registers a 31.9 % increase for H1 net profit ...Click here
Singapore: Asia Pacific Breweries reports 34% increase in net profit for Q3 ...Click here
Canada & USA: Molson Coors – higher sales and low earnings per share for Q2 2008 ...Click here
EU: Malt market survey still shows tight malting capacities ...Click here
Canada: Barley production is forecast to decrease by 4% for 2008/2009 ...Click here
World: World barley markets outlook for 2008 – 2017 ...Click here
Europe: Feed barley prices on the decline, malting barley expected to fall as well ...Click here




UK: Harvest Report 2008 – winter barley almost harvested ...More Info
Belarus: Belarus beer import increases by 58.1% ...More Info
USA: Boston Beer Q2 profit exceeds market estimates ...More Info
Bulgaria: Record 901 707 tons of barley in 16 years ...More Info
UK: 2012 London Olympics may be washed down by beer Ł5 a pint ...More Info
USA: Feed and malting barley – yield, market, prices ...More Info
Australia: GLA licenses malting barley export to Asia and feed barley – to the Middle East ...More Info
Russia: SABMiller to brew dark Velkopopovicky Kozel in Russia ...More Info
Algeria: Algeria announced a tender on feed barley ...More Info
Ukraine: 6 mln tonnes of the 11.19 mln barley harvested are planned for export in 2008/2009 ...More Info
USA: Mckinley Capital Management reduces holdings in Boston Beer ...More Info
Jordan: Barley prices to be lowered for importers and livestock owners ...More Info
Go to our news database with more than 13263 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

China: Tsingtao Brewery to focus on cost reduction
Tsingtao Brewery Co. Ltd., China's number two beer maker, said it would focus on reducing costs to maintain profit margins as there was little ...More Info

South Africa: Heineken to launch a new South African brewery in June 2009

The construction of international brewer Heineken’s first South African brewery would be accelerated, building contractor Grinaker-LTA was quoted as saying by Engineering News on August 7.

The company, which formed part of the JSE-listed Aveng group, has been awarded the R549-million contract to build the brewery South East of Johannesburg.

According to a media statement, the building contractor Grinaker-LTA is working on a “fast-track construction programme” and the new brewery will be completed by June next year.

Heineken’s new 70 000 m2 brewery is designed to brew a range of Heineken and Diageo brands. Initially it completion was planned for the end of 2009.

Amm said that Grinaker-LTA’s building and civil engineering business units were undertaking the project in a 50:50 joint venture.

“The programme is very tight as process contractors are required to be given access to each building and sections of each building on sectional completion dates,” he stated.

The brewery would comprise production buildings and cool cellars, as well as a bottling and distribution warehouse for Heineken SupplyCo, the brewing and distribution company for beer brand Amstel.


Russia: Baltika Breweries reveals successful financial results for H1 2008
Baltika Breweries, the leader on the Russian beer market, announced financial results for H1 2008, the company’s official site reported on August 5.

In H1 ...More Info

Czech Republic: Beer market report forecasts stable beer sales for 2007 - 2012
The Czech alcoholic drinks market is slightly changing its direction towards positive growth, it is asserted in a report published by MarketWatch on August ...More Info

Chile: Leading brewer CCU registers a 31.9 % increase for H1 net profit
Chile’s largest brewer CCU announced a 31.9 % increase of its first-half net profit compared to the same period a year earlier, Reuters informed ...More Info

Singapore: Asia Pacific Breweries reports 34% increase in net profit for Q3
Asia Pacific Breweries announced its unaudited results for the third quarter ended 30 June 2008 on its official site on August 7.

The company’s attributable ...More Info

Canada & USA: Molson Coors – higher sales and low earnings per share for Q2 2008

Molson Coors Brewing Company reported higher sales volume and net sales and lower earnings per share for the fiscal second quarter ending June 29, 2008, the company’s official site posted on August 5.

Key results for the Company's fiscal second quarter ended June 29, 2008, compared to the fiscal second quarter ended July 1, 2007, include the following:

- A major achievement during the quarter was the formation of MillerCoors, creating a single, stronger, more competitive American brewer with a powerful portfolio of brands and economies of scale to win in the U.S. beer market. - Net sales increased 4.8 percent to $1.76 billion. - Net sales per barrel increased 3.9 percent. - Sales volume increased 0.9 percent to 11.6 million barrels, or 13.6 million hectoliters (HLs). - Total Company sales-to-retail (STRs) rose 2.3 percent. - Cost of goods sold per barrel increased 5.9 percent. - Marketing, general and administrative expenses rose 1.4 percent. - Income from continuing operations, a U.S. GAAP earnings measure, was $93.3 million after tax, compared to $184.3 million in the second quarter of 2007. The change is attributable to higher special charges, increased energy and commodity inflation in all markets, and a higher effective tax rate ...More Info


Malt News

EU: Malt market survey still shows tight malting capacities
Slow beer sales have led to local postponements of malt shipments and created purchase opportunities of spot malt, market researches show.

This, however, has ...More Info

Barley News

Canada: Barley production is forecast to decrease by 4% for 2008/2009

Canada barley production is forecast by Statistics Canada to decrease by 4%, as the decline in area is partly offset by higher yields Agriculture and Agri-Food Canada (AAFC) communicated on July 2. Barley Supply is expected to fall by 7% due to lower carry-in stocks.

Total barley exports are expected to decrease significantly due to lower exports of feed barley while exports of malting barley are forecast to remain stable. Carry-out stocks are forecast to remain stable at near record low levels. The average off-Board feed barley price is forecast to increase from 2007-08 due to lower supply and higher US feed grain prices.

Canada production of grains and oilseeds (G&O) for 2008-09 is forecast by Statistics Canada to increase to about 64 million tonnes (Mt) from 60 Mt in 2007-08.

It is assumed that precipitation will be normal for the remainder of the growing and harvest periods, and that the abandonment rate and crop quality will be normal. Slightly above trend yields are now expected for most crops in western Canada, due to improved moisture and warmer weather. Normal yields are expected for eastern Canada.

World and Canadian prices for G&O are expected to remain historically high due to strong demand ...More Info


World: World barley markets outlook for 2008 – 2017
Recent developments

Barley is the second most important coarse grain traded internationally after maize. Malting and feed barley producers normally enjoy different margins with malting ...More Info

Europe: Feed barley prices on the decline, malting barley expected to fall as well
Prices for feed barley are on the decline this week, and the market has not regained its interest for malting barley, La Dépęche posted ...More Info
Scientific Digest

Antioxidant Properties of Free, Soluble Ester and Insoluble-Bound Phenolic Compounds in Different Barley Varieties and Corresponding Malts

Markéta Dvoráková, Luis F. Guido, Pavel Dostálek, Zuzana Skulilová, Manuela M. Moreira, and Aquiles A. Barros

Abstract

J. Inst. Brew. 114(1), 27–33, 2008 Ten different barley cultivars and their corresponding malts were used to obtain different fractions. Phenolics extracted belonged to free, soluble esters and insoluble-bound fractions. Total phenolic content (TPC) of the free fraction, as measured according to the Folin-Ciocalteu method, ranged from 37.7 to 167.2 mg gallic acid equiv/kg of dried material (GAE/kgdw) for barley and between 34.1 and 72.3 mg GAE/kgdw for malt. The bound phenolic content ranged from 210.3 to 320.5 and between 81.1 and 234.9 mg GAE/kgdw for barley and malt, respectively. The contribution of bound phenolics to the TPC was significantly higher than that of free and esterified fractions. Catechin and ferulic acid, quantified by high performance liquid chromatography with diode array detector (HPLC-DAD), were the most abundant phenolics in the free and bound fractions, respectively. The p-coumaric acid content was lower in hulless genotypes, as compared to hulled genotypes, showing that it is mainly concentrated in the hull. The antioxidant activities of the phenolic fractions were investigated using the radical scavenging assay (DPPH) and ferricyanide reducing power. The bound phenolics demonstrated a significantly higher antioxidant capacity compared to the free and esterified phenolics. During the malting process, a significant decrease of the bound phenolics was observed with a corresponding increase of the esterified fraction. Key words: Antioxidant properties, barley, free phenolics, insoluble- bound phenolics, soluble ester phenolics, malt. Load full article, 7 pages, 558 Kb, PDF file

Barley prices.
Malting and Feed 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
Preferred Alcoholic Beverage in USA
Table of the week.

Graph Of The Week



These Days in Business History
August 7
1888 Theophilus Van Kannel of Philadelphia patents revolving door
1928 The dollar shrinks, literally: the US Treasury unveiled a new version of the note that was one third smaller than its predecessor
1959 Explorer 6 transmits 1st TV photo of Earth from space

August 8
1709 1st known ascent in hot-air balloon, Bartolomeu de Gusmao (indoors)
1876 Thomas Edison patents mimeograph (stencil duplicator or the printing machine)
1896 The Dow Jones Industrial Average, less than three months old, hits the lowest level ever recorded: 28.48, down 30.5% in just ten weeks.
August 9
1874 Harry S Parmelee patents sprinkler head
1945 US drops 2nd atomic bomb "Fat Man" on Japan destroys part of Nagasaki
1976 USSR launches Luna 24, last Lunar flight to date from Earth

August 10
1500 Diego Diaz discovers Madagascar
1961 England applies for membership in the European Common Market
1981 Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 UN estimates Asia's population hit 3 billion
Agenda