If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?6309
E-Malt.com NewsLetter

Newsletter Summary






Last five newsletters


Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolutions


Last five scientific digests


Access to E-malt.com

User name

Password


Use the above form to have a full immediate access to E-malt.com site! Through the drop-down menu you can easily remind your username and password, change your username and password or even edit your account!




Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

Updated figures related to USA barley and malt trade with Mexico and Canada could be seen in NAFTA section of e-malt.com menu. To this purpose please enter e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.



E-Malt.com Newsletter 47a
November 16 - November 18, 2009
Open!
Click here to get full size Newsletter


Quote of the week

"Success usuallly comes to those who are too busy to be looking for it"
Henry David Thoreau
Currency Rates
Base Currency: Euro, EUR
on 18-November-2009

1 EUR = 1.492 USD
1 EUR = 0.8875 GBP
1 EUR = 1.5702 CAD
1 EUR = 1.6022 AUD
1 EUR = 133.004 JPY
1 EUR = 2.5645 BRL
1 EUR = 42.921 RUB
1 EUR = 10.2018 CNY
Base Currency: US Dollar
on 18-November-2009

1 USD = 0.6703 EUR
1 USD = 0.5948 GBP
1 USD = 1.0525 CAD
1 USD = 1.0739 AUD
1 USD = 89.1457 JPY
1 USD = 1.7189 BRL
1 USD = 28.768 RUB
1 USD = 6.8378 CNY
Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

November 18, 2009

Type Crop 2009 Crop 2010
2rs Barley EUR98.0-102.0 EUR120.0-124.0
6rw Barley EUR95.0-99.0 EUR111.0-115.0
2rs Malt EUR283.0-287.0 0.35% EUR309.0-313.0 0.32%
6rw Malt EUR278.0-282.0 0.36% EUR297.0-301.0 0.33%
Feed Barley EUR94.0-98.0 nq 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

World: Beer sales mostly negative but not without bright spots ...Click here
Belgium: Specialty beer maker Duvel Moortgat confident in ‘possessing the key foundations to realize a further growth in turnover and results’ in 2009 ...Click here
Russia: Beer production inexorably decreasing ...Click here
Ukraine: January – October beer output down 7.2% ...Click here
China: Beijing Yanjing Brewery to construct a new plant in Yunnan Province ...Click here
Philippines: San Miguel Brewery hoping to acquire its parent’s international beer business before the end of 2009 ...Click here
Switzerland: Beer market drops just by 0.15 in the 2008/09 brewing year ...Click here
United Kingdom: Greencore confirms other companies try to ‘approach’ its malt business ...Click here
World: Barley production forecast 2009/10 revised upwards - IGC ...Click here
World: Barley harvest almost over in the northern hemisphere ...Click here
China: China’s malting barley imports not to reach forecasts this year ...Click here


More News


Philippines: San Miguel Brewery lists debt papers on the Philippine Dealing & Exchange Corp. ...More Info
Russia: Russian beer market too sensitive to a tripled excise duty – Baltika Breweries CEO ...More Info
New Zealand: DB Breweries’ slide in annual profit disappoints its parent ...More Info
India: United Breweries well on target to grow above industry estimates in the rest of the fiscal ...More Info
United States: Busch Agriculture malting plant to operate at a reduced level ...More Info
United Kingdom: Miller Brands director of sales points out gaps to be exploited by brewers and retailers alike ...More Info
Canada: Molson Coors to ‘reinvigorate’ Canadian market by two new beers ...More Info
United States: New Heineken US CEO should take all advantage of his former experience in order to regain force in the US ...More Info
Philippines: San Miguel Brewery to put up a new bottling plant ...More Info
Tanzania: Tanzania Breweries sales up despite all problems ...More Info
Ghana: Guinness Ghana Breweries reports drop in full-year profit, a 48% rise in sales ...More Info
Singapore & China: Asia Pacific Breweries appoints a new head for East China operations ...More Info
Go to our news database with more than 16150 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

World: Beer sales mostly negative but not without bright spots

Beer sales figures remained negative by the end of September in the majority of countries, industry experts summed up in a research note on November, 2.

However, some countries registered at least better than the global figure of Jan/Sept.

In the EU, Germany reports 3.4 % lower sales for the year to-date, but a minus of 0.7% for September alone. Domestic sales in September declined by only 0.1%.

U.K. brewers sold 0.8% less beer in July/Sept than a year ago. Poland is affected badly by the economic crisis and expects sales of 33 mln hl in 2009, 8% less than in 2008. Latvia sold 0.8% less beer in July/Sept. Heineken announced a world minus of 4.1% in July/Sept.

Eastern European figures are extremely poor. Russia sold 83.8 mln hl in Jan/Sept, minus 7.9%. Malt production was even 17.6% down. Ukraine produced 24.2 mln hl in Jan/Sept, minus 14%; sales were down by 9%. Belarus reports sales of 2.66 mln hl in Jan/Sept, minus 7.2 %. September alone was up by 5.5%. Kazakhstan’s output was down by 4.1% in Jan/Sept.

Mexican numbers were positive: Modelo sold 3.2% more beer in July/Sept. FEMSA, the brewery to be taken over by SABMiller or Heineken, reported 1.5% better domestic ...More Info


Belgium: Specialty beer maker Duvel Moortgat confident in ‘possessing the key foundations to realize a further growth in turnover and results’ in 2009

Belgian specialty beer maker Duvel Moortgat said on November, 13 the growth in turnover realized in the first six months continues in the third quarter.

The losses in exchange rates which, as a result of the conversion of receivables, debts and credits in foreign currencies, are yet again increasing owing to the weakening dollar. Given the current economic climate, it is difficult to make specific prognoses; however, Duvel believes it possesses the key foundations to realize a further growth in turnover and results.

All brands are progressing globally. The launch of La Chouffe and Mac Chouffe in a 33cl bottle is successful. The Liefmans relaunch has little impact yet on the evolution of turnover, the Belgian brewer reported.

The Duvel Moortgat group, founded in 1871, is an independent producer of authentic specialty beers and premium brands. Around the world, the group is considered to be the leading producer of blond, bottle conditioned, high-fermentation beers, a dominant position owed largely to the success of its best-selling product Duvel.

A pioneer in fermentation and secondary fermentation techniques, Duvel Moortgat has not only grown into being the 5th largest brewery group in Belgium, but is above all market leader in terms of operating rate of return.

Since ...More Info


Russia: Beer production inexorably decreasing

Russia’s beer output dropped by 4% in October as compared to September 2009, Rosstat communicated on November, 17.

In comparison with October 2008, the nation’s beer production grew by 6.5%.

In January – October 2009 the country produced 91.3 mln hl of beer, or 6.8% less than over the same period last year. First half beer production also decreased by 6.8% versus the first six months of 2008, to 54.3 mln hl this year.


Ukraine: January – October beer output down 7.2%

Ukraine’s January – October 2009 beer production totalled 6.2 mln hl, the nation’s State Statistics Committee reported on November, 17.

The total volume, including non-alcoholic beer and beer with an alcohol content of less than 0.5%, dropped by 7.2% as compared to the same period last year.

According to official data, October beer production amounted to 2.06 mln hl, up 1.7% versus September 2009 and down 1.4% versus October, 2008.


China: Beijing Yanjing Brewery to construct a new plant in Yunnan Province

Beijing Yanjing Beer Group Corp, the parent of Beijing Yanjing Brewery Co Ltd, recently announced that it will invest RMB 600 million in a new beer production base in Kunming, the capital of Yunnan Province, China Knowledge cited unnamed sources on November, 17.

The new base, which will cover a land area of 15 hectares, will start construction by the end of this year. At the end of the first phase of construction, which will cost RMB 300 million, the plant will be able to produce 200,000 tons beer annually.

The plant will have an annual production capacity of 400,000 tons of beer when it is fully operational.

Expansion in Yunnan will help the firm consolidate the market in southwestern China. The firm has already expanded production in Sichuan Province and in the Guangxi Zhuang Autonomous Region.

However, the expansion prompted worries of excess capacity in the beer industry in Yunnan Province. The southwestern province produced about 300,000 tons in 2008, and its output capacity was 1 million tons.

Yanjing Brewery's net profit for the first three quarters of this year was RMB 564 million, up 26.04% year on year. Its beer sales were 3.99 million tons during the period.


Philippines: San Miguel Brewery hoping to acquire its parent’s international beer business before the end of 2009

San Miguel Brewery Inc. hopes to complete the acquisition of its $700-million international beer business from parent company San Miguel Corp. before the end of the year, The Manila Standard Today reported on November, 18.

The company is in the “middle to later part” of evaluating the international beer business, San Miguel Brewery president Roberto Huang said.

San Miguel president Ramon Ang earlier said the prospects for San Miguel Brewery would further improve with the company’s proposed acquisition of the international beer business.

Ang said the prospects for the international beer business were better as the company continued to expand to more markets.

The acquisition is part of a deal involving Kirin Holdings Co. of Japan’s agreement to acquire 43 percent of the domestic beer unit.

San Miguel has beer plants in North China, Vietnam, Hong Kong and Thailand. Under the agreement, San Miguel, Kirin, and San Miguel Brewery will negotiate exclusively for the latter’s potential purchase of shares in its parent company’s overseas beer business.

Huang declined to specify how much the company was budgeting for the acquisition but said San Miguel Brewery would need to conduct a new round of borrowings to finance the purchase.

Proceeds from the offering were used to purchase the domestic ...More Info


Switzerland: Beer market drops just by 0.15 in the 2008/09 brewing year

Switzerland’s beer market remained stable in the 2008/09 brewing year ended September, 30, the Union of Swiss Breweries reported on November, 16.

The Union’s beer sales over the period were a little more than 4.48 mln hl, which represents a 0.1% decline versus the previous brewing year. A long and cold winter has been named as the main reason for the decline.

The Swiss beer production (without exports) declined by 1.7% yoy to 3.57 mln hl. Exports, accounting for 1.4% of the nation’s total beer output, dropped by 25.4% to 51,594 hl (69,169 hl in the previous brewing year). Beer imports increased by 6.4% to 917,384 hl in BY2008/09, the Union said.


Malt News

United Kingdom: Greencore confirms other companies try to ‘approach’ its malt business

Europe's third-largest malting company Greencore Malt has confirmed it is exploring a number of "unsolicited approaches" made in the "recent past", The Independent reported on November, 17.

The company stressed, however, that there was "no certainty" about any sale, while well-placed sources rubbished the prospect of an impending announcement in next week's interim management statement.

Greencore said “the approaches” had come from international ingredients companies with large-scale malting businesses. "However, at this stage there can be no certainty that a transaction will be forthcoming," the company added.

Greencore’s malt business contributed about 20pc to its €545.4 mln turnover in the first half.

Greencore declined to comment on potential suitors, but market sources mooted the possibility of interest from Australian giant Graincorp, which turned international last month with its A$757 mln (€473 mln) purchase of United Malt's operations across the US, Canada, Britain and Australia.

"Greencore have made no secret of the fact that malt is not core, and there's been a fair bit of consolidation in the sector so in that sense it's not a surprise they've had approaches," said Bloxham's food analyst Joe Gill, adding that €120 mln "sounds like a starting price".

News of the malt developments came as the market ...More Info


Barley News

World: Barley production forecast 2009/10 revised upwards - IGC

Due to larger than expected crops in the EU, Russia, Canada, the United States and Algeria, the world barley production forecast is increased by 2.3 mln tons, to 147.4 mln in 2009/10 (153.9 mln in the previous crop year), IGC communicated on October, 29.

The EU crop estimate is increased by a further 0.4 mln tons, to 61.6 mln, 3.6 mln below last year’s record. Quality is reported as excellent, with the proportion of the crop rated as malting barley higher than last year. Good growing conditions boosted output in France to 12.9 mln tons (12.3 mln), 0.2 mln higher than previously. Crops in Finland and Sweden were similar to last year’s, at 2.1 mln tons and 1.7 mln, respectively.

In Russia, the crop estimate is lifted by 0.5 mln. tons, to 18.0 mln (23.1 mln) as the impact of this season’s dry conditions was not as great as expected. Yields matched the five-year average of 1.9 tons/ha, but are almost 25% below last year’s record. Production in Ukraine is estimated at 11.5 mln tons (12.6 mln), unchanged from before.

Rain, snow and cold temperatures hampered harvesting in western Canada. However, average yields are slightly better than expected and the production estimate is ...More Info


World: Barley harvest almost over in the northern hemisphere

The barley harvest comes to a close in the northern hemisphere. About 10 % of the barley acres in Canada and in Russia must still be combined. Overall results were good, quality (protein) and condition problems were rare, industry observers communicated at the beginning of November.

The U.S. reports a crop of 4.95 mln tons (last year 5.2 mln) thanks to an average yield of 72.8 bushels per acre (3.9 tons/ha), which is 15 – 20% higher than in the past two years.

The Canadian crop will be 9.1 mln tons including 2.0 mln tons of malting barley. Private estimates put domestic needs at 800,000 tons, exports to the U.S. and off-shore at 800,000 to one mln tons.

Russia’s crop is estimated at 18.4 mln tons vs. 24 mln in 2008, the Ukrainian crop at 11.4 vs. 12 mln tons. Yields in both countries were sharply lower than in 2008, but in the Ukraine acreage was up by 15%.

IGC expects Black Sea barley exports of 7.5 mln of a total world trade of 17.4 mln tons. Ukraine and South Russia report dry conditions affecting seeding and emergence of new crop (2010) winter grains.


China: China’s malting barley imports not to reach forecasts this year

China imported 1.4 mln tons of malting barley in Jan/Sept 2009 and will not reach the 2 mln tons mark in this calendar year, analysts said earlier this month.

Of the total quantity imported, Australia delivered 744,000, and France - 277,000 tons.

Forecasts are that imports will be higher in the second half of the crop year, analysts said.

CIF China prices of Australian and Canadian barley have declined to a range between US$ 220,- and 230,-, rendering offers of French barley uncompetitive.

Scientific Digest

Improved Enrichment Cultivation of Beer Spoiling Lactic Acid Bacteria by Continuous Glucose Addition to the Culture

Sanna Taskila, Peter Neubauer, Mika Tuomola, Antje Breitenstein, Jukka Kronlöf5 and Tomi Hillukkala

Abstract:
J. Inst. Brew. 115(3), 177–182, 2009 Lactic acid bacteria (LAB) are known as predominant beer spoilers. They cause turbidity, acidity, gas formation and offflavors in beer by formation of side metabolites. Beer spoiling LAB have a substantial financial impact in the brewing industry making their rapid detection and identification essential. Despite the developed rapid diagnostic methods, the bottleneck in detection remains the lengthy enrichment cultivation step. This paper describes the applicability of a novel glucose auto delivery system, EnBase™, for the improved enrichment cultivation of beer spoiling LAB in MRS medium. By means of the applied system, glucose is slowly released into the culture during growth, which results in faster enrichment. Growth of Lactobacillus brevis DSM 20054T and several beer spoiling LAB was accelerated resulting in up to a 300% increase in the cell density after 48 h of cultivation compared to the commonly used MRS medium. A test of naturally contaminated beer samples indicated that the addition of glucose by means of EnBase allows faster detection of LAB in breweries.
Key words: beer spoilage, contaminant detection, enrichment cultivation, lactic acid bacteria, Lactobacillus.
Load full article, 6 pages, 2959 kb , PDF file

Barley Prices
EURO = USD 1.492 November 18, 2009  
 Crop year   2009   2010 
 Parity   FOB Creil   FOB Creil 
 Position   July 2009   July 2010 
Type   Variety  EURO  USD  EURO  USD 
2RS  Scarlett  102.00  152.50  124.00  185.50 
2RS  Prestige  101.00  151.00  123.00  183.50 
2RS  Cellar  100.00  149.50  122.00  182.50 
2RS  Sebastien  99.00  148.00  121.00  180.50 
2RS  Tipple  99.00  148.00  121.00  180.50 
2RS  Henley  99.00  148.00  121.00  180.50 
6RW  Esterel   97.00  145.00  113.00  168.50 

French Feed Barley Prices. Nominal prices
EURO = USD 1.492 November 18,2009
Crop year 2009
Parity FOB Creil
Position July 2009
Type EURO USD
Feed Barley 96.00 143.23


Theoretical Malt Prices

  EURO = USD 1.492 November 18, 2009 
Crop year  2009 
Parity  FOB Antwerp 
Position  Nov 2009 - Sept 2010 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO  USD  EURO  USD  EURO  USD  EURO  USD 
2RS  Scarlett  287.50  428.50  318.50  475.00  310.50  463.50  325.00  485.00 
2RS  Prestige  286.00  426.50  317.50  473.50  309.50  461.50  323.50  483.00 
2RS  Cellar  285.00  425.00  316.00  471.50  308.50  460.00  322.50  481.00 
2RS  Sebastien  283.50  423.00  314.50  469.50  307.00  458.00  321.50  479.50 
2RS  Tipple  283.50  423.00  314.50  469.50  307.00  458.00  321.50  479.50 
2RS  Henley  283.50  423.00  314.50  469.50  307.00  458.00  321.50  479.50 
2RS   Average price  285.00  425.00  316.00  471.50  308.50  460.00  322.50  481.00 
6RW  Esterel   280.00  419.50  312.50  466.00  304.50  454.50  319.00  475.50 
Asia Malt 70/30  283.50  423.50  315.00  469.50  307.50  458.50  321.50  479.50 
**  Asia Malt 50/50  283.00  422.00  314.00  468.50  306.50  457.00  320.50  478.50 


EURO = USD 1.492 November 18, 2009, 
Crop year  2010 
Parity  FOB Antwerp 
Position  Oct 2010 - Sept 2011 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO  USD  EURO  USD  EURO  USD  EURO  USD 
2RS  Scarlett  313.50  467.50  344.50  514.50  337.00  503.00  351.50  524.00 
2RS  Prestige  312.50  466.00  343.50  512.50  336.00  501.00  350.00  522.50 
2RS  Cellar  311.00  464.00  342.50  510.50  334.50  499.50  349.00  520.50 
2RS  Sebastien  310.00  462.50  341.00  509.00  333.50  497.50  347.50  518.50 
2RS  Tipple  310.00  462.50  341.00  509.00  333.50  497.50  347.50  518.50 
2RS  Henley  310.00  462.50  341.00  509.00  333.50  497.50  347.50  518.50 
2RS   Average price  311.00  464.00  342.50  510.50  334.50  499.50  349.00  520.50 
6RW  Esterel   299.00  447.50  331.50  494.00  323.50  482.50  338.00  504.00 
Asia Malt 70/30  308.00  459.00  339.00  505.50  331.50  494.50  345.50  515.50 
**  Asia Malt 50/50  305.50  456.00  336.50  502.50  329.00  491.00  343.50  512.00 

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

Ukraine Barley Supply and Demand
in million metric tonnes

  Area Harvested Yield Production MY Imports MY Exports Feed Consumption Total Consumption Ending Stocks
2002/03 4.2 2.5 10.4 0.0 2.9 5.5 7.4 1.4
2003/04 4.6 1.5 6.9 0.0 1.5 4.7 6.2 0.6
2004/05 4.5 2.5 11.1 0.0 4.3 4.7 6.4 1.0
2005/06 4.4 2.1 9.0 0.1 4.0 3.2 4.9 1.2
2006/07 5.2 2.2 11.4 0.0 5.1 4.8 6.5 1.0
2007/08 4.1 1.5 6.0 0.0 1.0 3.5 5.1 0.8
2008/09 4.2 3.0 12.6 0.0 6.4 3.8 5.3 1.8
2009/10f 5.0 2.4 12.0 0.0 6.0 4.7 6.4 1.4
Source: USDA
Graph of the Week


Source: European Brand Institute

These Days in Business History
November 16
1841 Life preservers made of cork are patented by Napoleon Guerin
1875 William Bonwill, patents dental mallet to impact gold into cavities
1904: British physicist John A. Fleming invents the thermionic two-electrode valve, or diode, later known as the vacuum tube, which soon makes the radio possible -- and ultimately powers the earliest modern computers.

November 17
1801 1st edition of New York Evening Post
1869 Suez Canal (Egypt) opens, links Mediterranean & Red seas
1914 U.S. declares Panama Canal Zone neutral

November 18
1793 Louvre officially opens in Paris
1963 Bell Telephone introduces push button telephone
Agenda