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E-Malt.com Flash 37a
September 08 - September 10, 2008
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Currency Rates
Base Currency: Euro, EUR
on 10-September-2008

1 EUR = 1.4133 USD
1 EUR = 0.8031 GBP
1 EUR = 1.5064 CAD
1 EUR = 1.7438 AUD
1 EUR = 152.226 JPY
1 EUR = 2.4688 BRL
1 EUR = 36.1309 RUB
1 EUR = 9.6795 CNY
Base Currency: US Dollar
on 10-September-2008

1 USD = 0.7076 EUR
1 USD = 0.5683 GBP
1 USD = 1.0658 CAD
1 USD = 1.2338 AUD
1 USD = 107.715 JPY
1 USD = 1.7468 BRL
1 USD = 25.5646 RUB
1 USD = 6.8488 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

September 10, 2008

Type Crop 2007 Crop 2008 Crop 2009
2rs Barley nq EUR179.0-181.0 4.76% EUR194.0-196.0
6rw Barley nq EUR167.0-169.0 2.33% EUR177.0-179.0
2rs Malt EUR536.5-538.5 EUR419.0-421.0 2.55% EUR428.0-430.0
6rw Malt EUR503.5-505.5 EUR403.5-405.5 1.22% EUR406.0-408.0
Feed Barley nq EUR148.0-150.0 1.32% 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

Belgium & China: Anheuser-Busch's stake in Tsingtao Brewery to be taken by InBev ...Click here
World: Recent beer sales mostly positive, new malthouse construction creates nervousness ...Click here
UK: Carlsberg to follow the example of InBev and Coors – wholesale prices to be 2.3% higher ...Click here
The Netherlands: Heineken to consolidate acquisitions in Central and Eastern Europe inspired by growing output, sales, and purchasing power ...Click here
United States: Molson Coors looking for possible acquisitions and facing court on illegal contract termination ...Click here
Russia: No place for western beer? ...Click here
France & Russia: Malteurop positions itself on Europe’s largest beer market through a new acquisition ...Click here
EU: August malt market review: traditional holiday month reduces trading activity ...Click here
EU: Barley crops 2008 close to record levels, poor weather undermining quality in some regions ...Click here
China: Malting barley crop does not live up to the expectations, import estimates range from 1.3 to 1.7 mln tons ...Click here
United States: High feed barley prices to attract high imports from Canada ...Click here




United States: Anheuser-Busch’s subsidiary to expand activity ...More Info
World: SABMiller to target women globally ...More Info
United Kingdom: Devon and Cornwall boast of 95% winter barley crop making malting quality ...More Info
Japan: Sapporo Breweries to mark products with carbon footprint ...More Info
Australia: Grain Pool pays AU$25 per tonne of barley to its participants ...More Info
UK: Cobra Beer investors allocate £15 million for overseas expansion ...More Info
Canada: Brick Brewing settles a lawsuit and is not looking for a buyer ...More Info
Ukraine: Beer output 2008 forecasted to rise by 5.8%, whereas rising excise duty on beer will affect retail prices insignificantly ...More Info
Finland: Viking Malt announces top management changes as of September 1st ...More Info
Czech Republic: Barley crop 2008 estimates increased by 148,200 tonnes ...More Info
Australia & Japan: Lion Nathan brewery establishes a AU$340 mln billion debt facility with Mizuho Corporate Bank ...More Info
Sri Lanka: Leading Lion Brewery completes the largest repackaging in its history ...More Info
Russia: August barley exports amount to 153,000 tonnes ...More Info
United States: State-by-state beer shipments estimate for July 2008 increased 1.1%, Beer Institute publishes a review of June-July 2008 ...More Info
Ukraine & Moldova: Ukrainian brewers accuse Moldova of unfair competition ...More Info
East Africa: East African Breweries establishes a spirits unit in Tanzania ...More Info
Go to our news database with more than 13480 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Belgium & China: Anheuser-Busch's stake in Tsingtao Brewery to be taken by InBev
Belgian brewer InBev has agreed to take over Anheuser-Busch Cos.' 27% stake in China's Tsingtao Brewery Co. once its planned takeover of the U.S. ...More Info

World: Recent beer sales mostly positive, new malthouse construction creates nervousness
A certain nervousness has been created by disappointing beer sales figures in the early months of 2008, and even more so by the announcements ...More Info

UK: Carlsberg to follow the example of InBev and Coors – wholesale prices to be 2.3% higher
Carlsberg UK is the latest company to point to the rise in costs of raw ingredients after announcing a price increase, the Publican published ...More Info

The Netherlands: Heineken to consolidate acquisitions in Central and Eastern Europe inspired by growing output, sales, and purchasing power
Dutch beer brewer Heineken will consolidate its recent acquisitions in Central and Eastern Europe (CEE) rather than buy more breweries, Austrian news agency APA ...More Info

United States: Molson Coors looking for possible acquisitions and facing court on illegal contract termination
Molson Coors Brewing Co. continues to look for possible acquisitions as the consolidation wave in the beer industry goes on, the company’s CEO Peter ...More Info

Russia: No place for western beer?
Beer produced abroad is in the doldrums in Russia, Pivnoe Delo published on September, 9. The market is tightly occupied by local brands. Only ...More Info

Malt News

France & Russia: Malteurop positions itself on Europe’s largest beer market through a new acquisition
The French group Malteurop, a subsidiary of the holding company SICLAE, of which the Champagne Céréales group is majority stockholder, has purchased the Russian ...More Info

EU: August malt market review: traditional holiday month reduces trading activity
August has been a traditional holiday month with little activity in the domestic and international malt markets, analysts commented on September, 1.

As of ...More Info

Barley News

EU: Barley crops 2008 close to record levels, poor weather undermining quality in some regions
Latest barley crop estimates for the EU-27 range from 62.7 to 64.2 mln tons, five to seven mln tons more than last year, experts ...More Info

China: Malting barley crop does not live up to the expectations, import estimates range from 1.3 to 1.7 mln tons
China’s malting barley crop is not as good as earlier expected, as Inner Mongolia did not fulfil the high hopes for a good quality ...More Info

United States: High feed barley prices to attract high imports from Canada

The U.S. was plagued by dryness before and locally heavy rains during harvest, experts report. As a consequence, some industries accept proteins up to 14.5 % for six- and two-row barleys, also very low plumpness.

As of September, 1, prices for feed barley exw N. Dakota have improved to U.S $ 207,- per metric tonne, six-row malting barley delivered Minneapolis is quoted US$ 321,-, two-row malting exw Montana US$ 336,- (this price would be equivalent to US$ 414,- FOB Portland).

Supplies look tight, and analysts conclude that market prices are high enough to invite good imports from Canada.

Scientific Digest

Variation in Malting Quality and Heat Resistance in the Malting Barley Variety "Alexis"

Birthe Møller, Jose Luis Molina-Cano and Lars Munck

Abstract

J. Inst. Brew. 108(3), 294–302, 2002 In earlier studies concerning vigour, where subsamples are heattreated before germination there was found heat-sensitive as well as heat-resistant barley samples. The vigour model developed by Ellis and Roberts and further developed at Carlsberg, could only describe the heat-sensitive barleys. Seventeen samples of the “Alexis” variety grown widely in Europe were collected from the EBC trials in 1994 in order to see if heat resistance in barley was influenced by different growing conditions. We found both heat-sensitive samples following the vigour model as well as pronounced heat-resistant samples, but these were not divided according to growing conditions. The germination curves dependent on heat treatment and germination time were evaluated by Principal Component Analysis (PCA). Heat-resistant barley samples could be differentiated from heat-sensitive samples already after ½ h of heat treatment at 68°C (12% moisture) and after 3 days of germination. The barley samples were analysed with regard to malting quality. The PCA evaluation of the data divided the samples according to growing location, mainly due to differences in protein and -glucan. However, the malting analyses could not describe the differences in heat resistance and sensitivity of the barleys. The biochemical background of the heat resistance found is discussed on the basis of literature. Our findings should give an experimental basis for exploiting a biochemical principle for heat resistance, which is formed during grain filling and consumed during storage and germination. Key words: Heat resistance, malting barley quality, principal component analysis, vigour. Load full article, 9 pages, 278 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, Crop 2009).


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
Grain Use in Ethanol by Country
Table of the week.
Source: IGC
Graph Of The Week



These Days in Business History
September 08
1923 Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million—a $341 million loss in less than a year-and-a-half, “probably the most disastrous real-estate deal known to man”.

September 09
1776 Continental Congress renames "United Colonies," "United States"
1822 Napoleon J K P Bonaparte is born, French prince/member National Convention

September 10
1845 King Willem II opens Amsterdam Stock exchange
1894 Londens taxi driver George Smith is 1st fined for drunk driving
1997 Discovery buys Travel Channel for $20 million
Agenda