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E-Malt.com Flash 21a
May 18 - May 20, 2009
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Quote of the week

"I recommend... bread, meat, vegetables and beer"
Sophocles' philosophy of a moderate diet

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Currency Rates
Base Currency: Euro, EUR
on 20-May-2009

1 EUR = 1.3593 USD
1 EUR = 0.8816 GBP
1 EUR = 1.5766 CAD
1 EUR = 1.7642 AUD
1 EUR = 130.889 JPY
1 EUR = 2.8058 BRL
1 EUR = 43.4129 RUB
1 EUR = 9.2912 CNY
Base Currency: US Dollar
on 20-May-2009

1 USD = 0.7357 EUR
1 USD = 0.6486 GBP
1 USD = 1.1599 CAD
1 USD = 1.2976 AUD
1 USD = 96.2877 JPY
1 USD = 2.0641 BRL
1 USD = 31.9367 RUB
1 USD = 6.8351 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

May 20, 2009

Type Crop 2008 Crop 2009
2rs Barley EUR108.0-112.0 5.77% EUR146.0-150.0 1.37%
6rw Barley EUR105.0-109.0 5.94% EUR134.0-138.0 1.49%
2rs Malt EUR322.0-326.0 2.37% EUR360.0-364.0 0.70%
6rw Malt EUR317.5-321.5 2.40% EUR344.5-348.5 0.73%
Feed Barley EUR103.0-107.0 3.96% 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

Australia: Lion Nathan makes positive revision to FY09 outlook as the first half yields good results ...Click here
Thailand: Thai Bev says first quarter beer sales revenue fell 33.2% drowned by raw materials and packaging costs ...Click here
Singapore & India: Asia Pacific Breweries to acquire the remaining stake in its Indian joint venture ...Click here
Poland: SABMiller’s Kompania Piwowarska increases sales by 3.9% in FY09 amid decline in Poland’s brewing industry ...Click here
Mexico: Beer exports fall to the level of 2003 in the first quarter of this year ...Click here
South Korea: Beer consumption and shipments increase in 2008 ...Click here
Canada: Labatt sues Brick Brewing for similarity in beer packaging ...Click here
Canada & Australia: Viterra and ABB Grain sign a takeover implementation agreement ...Click here
India: Barley trade slows down as maltsters reduce procurements ...Click here
Australia: ABB Grain reports results of the six months to March, 31 ...Click here




World: Morgan Stanley prefers SABMiller’s shares because of its leadership in some of the most attractive beer markets ...More Info
Denmark: Carlsberg places EUR and GBP notes maturing in 2014 and 2016 respectively ...More Info
Romania: Brewing giants now to fight for market share - expert ...More Info
Japan: April’s beer shipments increase due to a surge in third-category beer sales ...More Info
United Kingdom: UK’s suppliers’ association condemns Carlsberg for stalling payments for up to 95 days ...More Info
India: Cobra Beer overhauls operations in order to combat the ongoing recession ...More Info
United States: MillerCoors chief marketing officer to revive Miller Lite with some of the tricks that boosted Coors Light sales ...More Info
Argentina: Barley acreage almost doubles on lower export taxes ...More Info
Nigeria: Nigeria’s two main brewers not fearing SABMiller’s competition ...More Info
United Kingdom: Heineken UK to stay for a while without a managing director ...More Info
United Kingdom: Nomura says SABMiller’s growth may re-emerge in the second half of 2009 ...More Info
Russia & Azerbaijan: Baltika’s upgraded Azeri brewery to be inaugurated on May, 20 ...More Info
Zimbabwe: Delta Beverages hopes to sell higher lager volumes this year despite competition with imported beer ...More Info
Latvia: Carlsberg Group wishes to consolidate on Latvia’s market – vice-president ...More Info
United States: A poll shows beer remains America’s preferred beverage supported by strong demand from men ...More Info
Finland: Finland’s small craft brewers get a chance to expand sales through Hartwall’s restaurant channel ...More Info
United Kingdom: Molson Coors launches Carling beer in bottles indicating the calorie content ...More Info
United States: Wisconsin’s brewers say they can’t afford to absorb a quintupled tax on beer ...More Info
Sierra Leone: Sierra Leone Brewery claims it is not selling expired Heineken ...More Info
Go to our news database with more than 15026 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Australia: Lion Nathan makes positive revision to FY09 outlook as the first half yields good results
Lion Nathan, Australia’s second-largest brewer, announced on May, 20 its full statutory interim results for the six months ended 31 March 2009.

The company ...More Info

Thailand: Thai Bev says first quarter beer sales revenue fell 33.2% drowned by raw materials and packaging costs
Thai Beverage Plc (Thai Bev), Thailand's leading brewer, said the sales revenue of its beer division decreased by 33.2% to Bt 7.9 bln in ...More Info

Singapore & India: Asia Pacific Breweries to acquire the remaining stake in its Indian joint venture
Singapore-based Asia Pacific Breweries (APB) announced on May, 18 that it has entered into an agreement to acquire the remaining 33% stake in Asia ...More Info

Poland: SABMiller’s Kompania Piwowarska increases sales by 3.9% in FY09 amid decline in Poland’s brewing industry
In the financial year 2009 ended on March 31, 2009, the domestic sales of SABMiller’s Kompania Piwowarska surpassed the level of 15 mln hectolitres ...More Info

Mexico: Beer exports fall to the level of 2003 in the first quarter of this year
The first quarter of 2009 saw the volume of Mexico’s beer export fall to the lowest level in 6 years, El Semanario reported on ...More Info

South Korea: Beer consumption and shipments increase in 2008
Shipments of South Korea’s alcoholic beverages, including beer, increased almost 23 percent last year, The Korea Herald reported on May, 19.

Data from the National ...More Info

Canada: Labatt sues Brick Brewing for similarity in beer packaging
Brick Brewing Co. Limited, Ontario's largest Canadian-owned and Canadian-based publicly held brewery, announced on May, 19 that it has received a Statement of Claim ...More Info

Barley News

Canada & Australia: Viterra and ABB Grain sign a takeover implementation agreement
ABB Grain Ltd. (ABB) and Viterra Inc. (Viterra) announced on May, 19 they have signed an Implementation Agreement under which Viterra proposes to acquire ...More Info

India: Barley trade slows down as maltsters reduce procurements
The malt industry and distilleries have slowed down barley procurement from India’s largest markets, as the raw material is expected to be adequately available ...More Info

Australia: ABB Grain reports results of the six months to March, 31
Premier Australian maltster and barley trader, ABB Grain Ltd, reported on May, 20 an underlying net profit after tax (NPAT) of A$30.6 million for ...More Info
Scientific Digest

Analytical-Sensory Determination of Potential Flavour Deficiencies of Light Beers

Sofie Malfliet, Koen Goiris, Guido Aerts and Luc De Cooman

Abstract:
J. Inst. Brew. 115(1), 49–63, 2009 Although currently light beers have a high market share in the US, this beer style is still not accepted on the European continent because light beers are considered watery, mainly on account of lack of mouthfeel. In this paper, the flavour quality, including flavour stability, of five commercial light beers was evaluated in comparison with their corresponding pilsner beers derived from the same breweries. Through detailed physicochemical and sensory evaluation, followed by multivariate data analysis, the fresh beers could be differentiated according to their origin (US or European) and beer style (light or pilsner). Potential flavour deficiencies of fresh light beers were determined as too much sweetness, lack of bitterness, and especially reduced fullness. As a result, the fresh light beers were less preferred than their corresponding pilsner. Upon ageing, the light beers were generally less flavour stable than their pilsner counterparts. This is mainly ascribed to increased sensory perception of cardboard and ribes staling flavours in most aged light beers. Nevertheless, based on detailed analytical/sensory investigation, it was clearly demonstrated that one of the light beers involved in this study showed enhanced flavour stability with respect to all other beers, including the pilsner beers. Key words: flavour deficiencies, flavour stability, light beer, multivariate statistical analysis. Load full article, 15 pages, 2026 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

Table of the week
EU Malt Export Licence Fixations
Table of the week.

Graph Of The Week



These Days in Business History
May 18
1801 Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London.
1822 Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 European Convention on Human Rights goes into effect

May 19
1892 Charles Brady King invents pneumatic hammer
1913 William Reddington Hewlett is born, American Businessman
1939 1st regular transatlantic airmail (New York to Marsseille France)

May 20
1806 John Stuart Mill is born, UK, philosopher/political economist/Utilitarian
1875 International Bureau of Weights and Measures forms by treaty
1892 Charles Brady King invents pneumatic hammer
Agenda