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Base Currency: Euro, EUR on 20-April-2005 1 EUR = 1.3076 USD 1 EUR = 0.6814 GBP 1 EUR = 1.6189 CAD 1 EUR = 1.6949 AUD 1 EUR = 139.59 JPY 1 EUR = 3.3671 BRL 1 EUR = 36.3042 RUB 1 EUR = 10.8354 CNY	Base Currency: US Dollar on 20-April-2005 1 USD = 0.7649 EUR 1 USD = 0.5211 GBP 1 USD = 1.2381 CAD 1 USD = 1.2962 AUD 1 USD = 106.77 JPY 1 USD = 2.5750 BRL 1 USD = 27.764 RUB 1 USD = 8.2865 CNY
EUR/USD Chart

• China & Singapore: Leading Asian beer producer, Asia Pacific Breweries Ltd. (APB) announced on April 18 that Chief Executive Officer, APB and Chairman, Heineken-APB inked on April 18 the joint venture agreement in Shanghai ... Click here
  
  
• Russia: SUN Interbrew announced on April 18 it is to start production in Russia of the original Belgian white beer, Hoegaarden®. Russia will become the first country to implement the licensed production of the brand ... Click here
  
  
• Japan: Asahi Breweries Ltd. announced on April 19 that it will launch "Shin-Nama", a so-called "third category" beer on March 20 to challenge its three major rivals ... Click here
  
  
• USA: New Belgium Brewery in Fort Collins, Colorado registered an increase by 16% of its sales in 2004 as more consumers caught on to its signature Fat Tire Amber Ale ... Click here
  
  
• Canada: The merger of American and Canadian beer companies Coors and Molson bolstered Canadian investment in foreign securities to the highest monthly level since November 2002 ... Click here
  
  
• Poland: Dutch beer-maker Heineken, owner of Zywiec Group, is creating a new management structure that will significantly change the way Poland's biggest brewer is run ... Click here
  
  
• Malting market analyses: Malting barley needs in 2005/06 will increase with the new capacities in the EU ... Click here
  
  
• China: 2005 malting barley imports of China, the world's biggest beer producer, are likely to recover to at least 2 million tonnes, up from 1.71 million tonnes last year and 1.36 million in 2003 ... Click here
  
  
• USDA April estimation of World versus Barley Supply and Demand ... Click here
  
  

Go to our news database with more than 4589 articles

Now with the possibility to be translated in 7 different languages!

• EU: Barley Planting situation in Europe by the end of March: Spring started in the middle of March in the Southwest and reached Central and Northern Europe by the Easter ...more info



• Ukraine: Barley exports continued falling in March, making up 152.3KMT – just a half of the February volume. In total, Ukraine has supplied 3938KMT to the international market ...more info



• World: By December of this year the Doha Round of the World Trade Organization should present results, how to reduce or abolish state funding and protectionism in the world's agriculture ...more info



• Europe: The situation with barley analysed by UkrAgroConsult on April 18: The EU is supposed to curtail production, which will be accompanied with a significant stock of this commodity ...more info



• Ukraine: The feed grain market is seeing declining prices, UkrAgroConsult commented on the last week Ukraine barley situation. The past week increase in barley supply from farms was registered ...more info



• Europe: The European barley market is featured by slackness, UkrAgroConsult commented on the last week European barley situation. Operators had no special illusions about the European Commission's decisions ...more info



• USDA Barley Forecast: Canadian barley production in market year 2005-2006 has been pegged by a USDA Ag Attaché at 12.2 million metric tonnes (MMT), down 8% from this year ...more info



• Denmark: CSFB keeps Bryggerigruppen at outperform citing a solid start to the year. Company retained pretax profit guidance of DKK290 million to DKK340 million post first quarter report ...more info



• Denmark: The Danish Brewery Group (Bryggerigruppen) announced on April 18 that in Q1 2005, the Group’s beer, malt and soft drinks sales amounted to 1.1 million hectolitres ...more info



• USA: Stella Artois, the best selling Belgian beer in the world, has signed a sponsorship deal with Landmark Theatres that expands its support of independent film making ...more info



• Canada: Lakeport Brewing Corp. has reached a three-year contract with the Teamsters union representing about 115 of its 200 employees, Canadian Press posted on April 18 ...more info



• United Kingdom: CAMRA announced on Aptil 19 it is calling on Jennings Brewery shareholders to act now to protect the independence of the Brewery ...more info



• Hong Kong: Kingway Brewery's FY04 performance "was one of the best in the sector" in terms of sales growth and margin improvement, says DBS Vickers ...more info



• Nigeria: Nigerian Breweries, a unit of Dutch brewer Heineken, has registered a 30 % drop in profits in 2004, analysts posted on April 15. The decline was attributed to falling ...more info



• Mexico: Mexico's leading beer maker Grupo Modelo SA, half-owned by Anheuser Busch Cos. Inc., announced on April 18 its shareholders had approved a dividend payment of 1.05 pesos per share ...more info



• Russia & Ukraine: In the first quarter of 2005 Russian beer production increased by 8% compared to the same period last year, Russian Beer Union posted on April 18 ...more info



• Philippines & Australia: Philippines brewing force, San Miguel Corp. (SMC) has acquired Australia’s largest dairy company, National Foods Ltd., for more than US$1.4 billion ...more info



• Netherlands: Holland Malt, a joint venture between the Dutch beer brewer Bavaria and the agricultural cooperative Agri?rm, has installed innovative technology in order to realize cost savings and real-time quality ...more info

Go to our news database with more than 4589 articles

Now with the possibility to be translated in 7 different languages!

China & Singapore: Leading Asian beer producer, Asia Pacific Breweries Ltd. (APB) announced on April 18 that Chief Executive Officer, APB and Chairman, Heineken-APB inked on April 18 the joint venture agreement in Shanghai ...more info

---

Russia: SUN Interbrew announced on April 18 it is to start production in Russia of the original Belgian white beer, Hoegaarden®. Russia will become the first country to implement the licensed production of the brand...more info

---

Japan: Asahi Breweries Ltd. announced on April 19 that it will launch "Shin-Nama", a so-called "third category" beer on March 20 to challenge its three major rivals...more info

---

USA: New Belgium Brewery in Fort Collins, Colorado registered an increase by 16% of its sales in 2004 as more consumers caught on to its signature Fat Tire Amber Ale, Rocky Mountain News posted. Production at Denver-based Breckenridge Brewery - maker of Avalanche Ale - rose 3 percent last year, even with the seasonlong hockey lockout. Nationally, sales of craft beer rose 7 percent in 2004, after several years of slower growth, according to the Boulder-based Brewers Association.

"There are a few factors that have converged on this," the main reason being an increase in quality of craft beers, said association director Paul Gatza. The taste of craft beer was more hit-or-miss through the mid- 1990s, Gatza said Friday during a conference call from the association's annual Craft Brewer's Conference and BrewExpo America in Philadelphia.

A lack of consistent quality made consumers wary, he said. "Now, we've seen several regionals that have set a quality standard," he said. "Consumers now, when they see a craft beer, they know the experiences they've had have been positive, and it will probably be a good experience trying a new brand."

Larger brewers Anheuser Busch, SAB Miller and Molson Coors still control more than 80 percent of the overall beer market, followed by imports and craft brews.

But last year, craft beer saw the biggest increase in sales among all alcoholic beverage categories, including wine and spirits, according to association statistics. Mass market domestic beer sales, meanwhile, rose a scant 0.5 percent. ...more info

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Canada: The merger of American and Canadian beer companies Coors and Molson bolstered Canadian investment in foreign securities to the highest monthly level since November 2002, Statistics Canada said on April 18. Canadian shareholders swapped their shares for the newly formed beer firm, Molson Coors Brewing Co., based in the United States, causing the bulk of the $5.27 billion in net purchases of foreign securities by Canadians, according to Toronto Star Newspapers.

It was the highest level since November 2002. In January, Canadians had sold a net $2.41 billion in foreign securities, all of it stocks. Foreigners slowed their pace of investing in Canadian securities in February to $1.80 billion from $2.41 billion in January and $3.74 billion in December, but Statistics Canada noted steady purchases of stocks.

Foreign investors, mainly Americans, bought $2.2 billion in Canadian stocks. "Non-resident investors have acquired Canadian equities every month since July 2004, with purchases totalling $15.3 billion over the eight-month period," the agency Canada said. Transactions in Canadian bonds were relatively flat in February. Foreign investors sold $89 million worth of bonds after buying $600 million the month before.

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Poland: Dutch beer-maker Heineken, owner of Zywiec Group, is creating a new management structure that will significantly change the way Poland's biggest brewer is run, Warsaw Business Journal communicated on April 18.

Last week, Heineken announced that it would be changing its operating structures after its chief executive retires later this year. Replacing the existing system of several integrated or single markets, the company will split its operations into five regions - Western Europe, Central and Eastern Europe, the Americas, Africa and the Middle East, and Asia-Pacific - each to be managed by regional presidents.

As a result of the re-shuffle, Grupa Zywiec, which claims 36.6 percent of the Polish market, will lose Nico Nusmeier, its president for the past four years. Nuismeier is leaving to become the president for the Central and Eastern Europe region.

"Zywiec Group is a strong organization that will certainly play a major role in the newly created region that I am going to look after. I also know that the group's potential will develop in the right direction," said Nuismeier in a statement sent to the WBJ.

The company plans to announce Nuismeier's successor within the next few weeks.

Heineken's CEO Thony Ruys will retire in September and will be replaced by board member Jean-Fran~ois van Boxmeer. Last year, Grupa Zywiec posted a 34 percent rise in profits to zl.277 million on a net turnover of zl.3.63 billion, while Heineken's profits dropped one-third to zl.2.13 billion.

Malt News


Malting market analyses: Malting barley needs in 2005/06 will increase with the new capacities in the EU...more info

Barley News


China: 2005 malting barley imports of China, the world's biggest beer producer, are likely to recover to at least 2 million tonnes, up from 1.71 million tonnes last year and 1.36 million in 2003...more info

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USDA April estimation of World Barley Supply and Demand: World barley production is projected to increase 7.0% to 152.4 MMT (million metric tonnes)...more info

Theoretical malt prices.

* - 70/30 = 70% Average Two Row Spring and 30% Six Row Winter
** - 50/50 = 50% Average Two Row Spring and 50% Six Row Winter

Theoretical malt prices for crop 2005 are available on site www.e-malt.com/MarketPrices

Malt Price Evolution

Malt Market Price Evolution, Crop 2005

Source: E-malt.com

Malting barley prices. French barley prices.

Nominal prices.

nq - Not quoted Prices for Danish and UK malting barley are available on site www.e-malt.com/MarketPrices

Table of the week

EU Malting Barley Production vs. Demand 2005-2006. Estimation and forecast, in thousand metric tonnes. 2005-2006 (July-June)   Total Barley Production  Malting Barley %  Malting Barley Production  Malting Barley Demand Surplus/Deficit  spring winter spring winter spring winter Total  spring winter Total  spring winter Total   Germany  2,859  8,817  57%  1%  1,639  102  1,741  2,142  200  2,342  -503  -98  -601   Belgium-Lux 62  294  17%    11    11  598  267  865  -587  -267  -854   Denmark  3,145  742  43%    1,336    1,336  310  0  310  1,026  0  1,026   Spain  6,636  2,200  9%    565    565  564  0  564  1  0  1   France  3,405  7,255  58%  24%  1,969  1,743  3,712  937  725  1,662  1,032  1,018  2,050   Greece  0  212  0%        0  45  0  45  -45  0  -45   Ireland  1,004  132  28%    279    279  237  0  237  42  0  42   Italy    1,377    4%    60  60  100  0  100  -100  60  -40   Netherlands  264  20  83%    220    220  253  69  322  -33  -69  -102   Portugal  0  25  0%        0  81  27  108  -81  -27  -108   U.K.  3,171  2,458  48%  26%  1,529  649  2,178  968  701  1,669  561  -52  509   Austria  467  392  38%  7%  178  29  207  158  25  183  20  4  24   Finland  1,909  0  8%    157    157  238  0  238  -81  0  -81   Sweden  1,631  32  17%    280    280  320  0  320  -40  0  -40   Poland  2,833  486  7%    188    188  355  0  355  -167  0  -167   Hungary  362  728  43%    156    156  126  0  126  30  0  30   Czech Rep  1,519  505  42%    638    638  550  0  550  88  0  88   Slovakia  725  53  45%    323    323  346  0  346  -23  0  -23   Estonia  260  0  6%    17    17  0  0  0  17  0  17   Latvia  263  4  6%    17    17  36  0  36  -19  0  -19   Lithuania  755  14  6%    48    48  163  0  163  -115  0  -115   Slovenia  0  47  0%    0    0  35  0  35  -35  0  -35   Cyprus  0  98  0%    0    0  0  0  0  0  0  0   Malta  0  2  0%    0    0  0  0  0  0  0  0   Total EU15 24,552  23,955  33%  11%  8,161  2,584  10,745  6,953  2,014  8,966  1,209  570  1,779   NewMem10 6,716  1,936  21%  0%  1,385  0  1,385  1,611    1,611  -226    -226   Total EU25 31,268  25,891  31%  10%  9,546  2,584  12,130  8,563  2,014  10,577  983  570  1,553  Source: Stratégie Grains, 14 April 2005 Click here to view 'EU Malting Barley Production & Demand 2004-2005'.

Graph of the week

Agenda

April 2005:
Helsinki Beer Festival;
Tour de Geuze 2005. Payottenland, Belgium;
FAB 2005 - BC Food & Beverage Conference. Vancouver, BC;
Grains Week 2005. Queensland, Australia;
Concise Course in Brewing Technology;
World Barley, Malt & Beer Conference 2005;
JOINT LEGISLATIVE CONFERENCE. Washington, D.C., USA;
BEER. Exhibition Pavilion Minsk.;
Craft Brewers Conference & BrewExpo America;
Classic City Brewfest, Athens, GA;
SOUTH-UKRAINIAN DAYS OF FOOD AND DRINKS;
SIBFOODEXPO, Siberian Beer. Novosibirsk;
SAMARA DRINKS. SAMARA, RUSSIA;
WINES, BEERS AND DRINKS Exhibition for the Beverage Industry. Krasnoyarsk, Russia;
Malting Course BRi Nutfield United Kingdom;
INTERPAK 2005 Duessledorf, Germany;
Excursion to West-Flanders;

May 2005:
2nd KBC festival of Dutch special beers;
TwinTrack Brewing Microbiology Program. The Siebel Institute;
HOFEX 2005. 11th Asian International Exhibition of Food & Drink. Hong Kong;
30th Congress of the European Brewery Convention;
Pivo-2005. Beer International Brewing Technology Exhibition. Sochi, Russia.;
Export Credit Guarantee Programs Seminar. USDA;
California Festival of Beers;

June 2005:
World Barley, Malt & Beer Conference 2005, Germany;
ASBC Annual Convention. American Society of Brewing Chemists Meeting.;
IGC GRAINS CONFERENCE 2005;
BRASIL BRAU International Fair of Beverage Technology;
FOOD TAIPEI 2005. The largest food and beverage show in Taiwan;
BevTek / BrewTek International Exhibition of Beverage and Brewery Processing and Packaging Technology. Bangkok, Thailand ;

More events are available on site e-malt.com