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E-Malt.com Flash 13b
March 26 - March 29, 2009
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Quote of the week

"When the bee comes to your house, let her have beer; you may want to visit the bee's house some day."
Congolese Proverb

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Currency Rates
Base Currency: Euro, EUR
on 27-March-2009

1 EUR = 1.3574 USD
1 EUR = 0.9328 GBP
1 EUR = 1.6699 CAD
1 EUR = 1.9379 AUD
1 EUR = 133.094 JPY
1 EUR = 3.0402 BRL
1 EUR = 45.5104 RUB
1 EUR = 9.287 CNY
Base Currency: US Dollar
on 27-March-2009

1 USD = 0.7368 EUR
1 USD = 0.6872 GBP
1 USD = 1.2302 CAD
1 USD = 1.4277 AUD
1 USD = 98.0513 JPY
1 USD = 2.2397 BRL
1 USD = 33.5279 RUB
1 USD = 6.8418 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

March 27, 2009

Type Crop 2008 Crop 2009
2rs Barley EUR108.0-112.0 1.79% EUR135.0-139.0 0.72%
6rw Barley EUR103.0-107.0 0.94% EUR118.0-122.0
2rs Malt EUR325.0-329.0 0.76% EUR349.5.0-353.5 0.42%
6rw Malt EUR317.5-321.5 0.47% EUR327.5-331.5
Feed Barley EUR93.0-97.0 3.06% 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

Czech Republic: Association of Breweries and Malt Houses reports official results of 2008 ...Click here
Philippines: San Miguel Corp reports a more than doubled net income in 2008 thanks to higher beer sales ...Click here
France: Heineken becomes the new market leader in terms of turnover in 2008 ...Click here
Denmark & Poland: Danish brewer Royal Unibrew sells its Koszalin brewery ...Click here
The Netherlands: Heineken successfully places EUR 1 bln 5-year notes ...Click here
Namibia: Namibia Breweries reports increased beer volumes for the six months ended December 31 ...Click here
Canada: CWB posts its March PRO for the 2008/09 and 2009/10 crop years ...Click here
EU: Market still blocked for malting barley crop 2008 ...Click here
United States: Hops growers worried by huge stocks, too much planting in the US and around the world ...Click here




India: Carlsberg to win a 10% share of India’s mild beer market by launching Tuborg nationally ...More Info
Japan: Craft brewers see potential for growth despite barriers erected by Japanese laws ...More Info
Ukraine: SABMiller expected to sell its more expensive Ukrainian brands ...More Info
Mexico: Grupo Modelo to launch a new brewery early next year ...More Info
Belgium: Alken-Maes brewery to launch next month a renewed Maes Pils ...More Info
Japan: Brewer Sapporo re-elects its directors to extend its takeover defence steps ...More Info
Vietnam: Total beer consumption to amount to 1.5 mln hl next year ...More Info
Finland: Carlsberg risks a drop in sales if it closes Pori brewery – workers’ union ...More Info
United Kingdom: Pubs lose in number to supermarkets for the first time in British history ...More Info
The Netherlands: Heineken expects packaging costs to rise, agricultural costs to remain broadly unchanged in 2009 ...More Info
Ukraine: Retail prices of beer will not grow more than 14.5 – 25% - SUN InBev Ukraine ...More Info
Kenya: East Africa Breweries turns to bar attendants to help grow its beer sales ...More Info
Go to our news database with more than 14638 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Czech Republic: Association of Breweries and Malt Houses reports official results of 2008
Breweries in the Czech Republic produced 19.81 million hectolitres of beer last year, 0.5 percent less than in record year 2007 and the second ...More Info

Philippines: San Miguel Corp reports a more than doubled net income in 2008 thanks to higher beer sales
San Miguel Corp, Southeast Asia's biggest food and drinks group, said its net income more than doubled in 2008, thanks to higher beer sales ...More Info

France: Heineken becomes the new market leader in terms of turnover in 2008
Heineken has become the new leader of France’s beer market in terms of turnover dethroning Carlsberg’s Brasserie Kronenbourg, Le Figaro reported on March, 26.

“2008 ...More Info

Denmark & Poland: Danish brewer Royal Unibrew sells its Koszalin brewery
Denmark-based brewer Royal Unibrew has agreed to sell its brewery located in the Polish town of Koszalin to local sector company Van Pur SA, ...More Info

The Netherlands: Heineken successfully places EUR 1 bln 5-year notes
Heineken N.V. announced on March, 25 that it had successfully placed 5-year Euro Notes for a principal amount of EUR 1.0 billion with a ...More Info

Namibia: Namibia Breweries reports increased beer volumes for the six months ended December 31
Namibia Breweries said revenue increased to N$823 million in the six-month period to 31 December 2008 compared to N$715 million during the same period ...More Info

Barley News

Canada: CWB posts its March PRO for the 2008/09 and 2009/10 crop years
The CWB released on March, 26 its March 2009 Pool Return Outlook (PRO) for the 2008-09 and 2009-10 crop years.

The March PRO for 2008-09 ...More Info

EU: Market still blocked for malting barley crop 2008
EU’s malting barley market is still blocked for the old crop, La Depeche communicated on March, 27.

The demand for the crop 2008 is inexistent ...More Info

Hops News

United States: Hops growers worried by huge stocks, too much planting in the US and around the world
The US hop market has seen a major swing, with the amount of hops in storage surging to the highest level in five years ...More Info
Scientific Digest

The Effect of Hydroxycinnamic Acids and Volatile Phenols on Beer Quality

S. E. Iyuke, E. M. Madigoe and R. Maponya

Abstract:
J. Inst. Brew. 114(4), 300–305, 2008 To the consumer, beer should be an agreeable beverage of attractive colour, clarity, pleasing flavour and should carry no toxic substances. One of the major constituents of barley is phenolic acids and their direct effect on the quality of beer is still a mystery. The aim of the study therefore was to investigate the relationship between phenolic acids during mashing at different temperatures and the quality of the beer. The mash regime and liquor to malt ratios were optimised and the carbohydrates obtained were analysed at 3.5 L of water per kg of malt and a total mash time of 105 min. Carbohydrate and phenolic acid analyses were performed by HPLC coupled with a UV-vis detector. The three different malts used had a phenolic acid content of 33.25 μg/mL, 25.44 μg/mL and 19.98 μg/mL for malt A, B and C, respectively. The plot of 1/T versus Ln(t) gave a negative slope with activation energy (Ea) = 209 KJ/mol, rate constant (k) = 4.6 × 10��4 mg/L min, which are comparable to similar data reported in the literature. The kinetics studies showed that the optimised mashing temperature of 90°C was adequate to form 4-vinylguaiacol by thermal decarboxylation from the hydroxycinnamic acids. This study has shown that there is no direct correlation between phenolic acids and oxidative flavour stability of beer while the corresponding volatile phenols may affect beer flavour. Key words: Beer quality, HPLC, hydroxycinnamic acids, kinetics, volatile phenols, wort. Load full article, 6 pages, 12913 Kb, PDF file

Barley prices.
Malting and Feed Barley Prices


Theoretical Malt Prices

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
Australian Barley Supply and Disposal 2003 - 2009f
Table of the week.

Graph Of The Week



These Days in Business History
March 26
1780 The British Gazette and Sunday Monitor was published for the first time. It was the first Sunday newspaper in Britain.
1885 Eastman Kodak (Eastman Dry Plate and Film Co.) produced the first commercial motion picture film in Rochster, NY.
1996 The International Monetary Fund approved a $10.2 billion loan for Russia to help the country transform its economy.

March 27
1855 Abraham Gesner patents kerosene
1933 Polythene discovered by Reginald Gibson and Eric William Fawcett
1999 The macro virus "Melissa" was reported for the first.

March 28
1797 Nathaniel Briggs of NH patents a washing machine
1841 1st U.S. steam fire engine tested, New York City
1866 1st ambulance goes into service

March 29
1886 Chemist John Pemberton begins to advertise for Coca-Coke
1888 James E. Casey is born, founder of United Parcel Service
1918 Sam Moore Walton, future founder of Wal-Mart, is born in Kingfisher, Okla
Agenda