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E-Malt.com Flash 50a
December 10 - December 12, 2007
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Quote of the week
"When I die I want to decompose in a barrel of porter and have it served in all the pubs in Dublin."
J P Donleavy, The Ginger Man

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Currency Rates
Base Currency: Euro, EUR
on 12-December-2007

1 EUR = 1.4708 USD
1 EUR = 0.719 GBP
1 EUR = 1.4831 CAD
1 EUR = 1.6599 AUD
1 EUR = 164.414 JPY
1 EUR = 2.5941 BRL
1 EUR = 35.9497 RUB
1 EUR = 10.8707 CNY
Base Currency: US Dollar
on 12-December-2007

1 USD = 0.6799 EUR
1 USD = 0.4888 GBP
1 USD = 1.0084 CAD
1 USD = 1.1285 AUD
1 USD = 111.784 JPY
1 USD = 1.7638 BRL
1 USD = 24.4423 RUB
1 USD = 7.391 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
December 12, 2007
Crop 2007 Crop 2008
2rs Barley 291.0-293.0 1.74% 2rs Barley 268.0-270.0 2.28%
6rw Barley 258.0-260.0 1.17% 6rw Barley 234.0-236.0 1.29%
2rs Malt 538.5-540.5 1.51% 2rs Malt 499.5-501.5 1.52%
6rw Malt 497.0-499.0 1.12% 6rw Malt 456.5-458.5 0.77%

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 . The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.

Top Industry News

Bulgaria: Brewers expect 11% to 14% beer sales increase ...Click here
Denmark & Netherlands: Carlsberg, Heineken clarify they may raise S&N bid ...Click here
Vietnam: Sabeco builds brewery plant in Nghe An ...Click here
Canada: Brick Brewing slips to loss in Q3, revenues decline ...Click here
Russia & Germany: Baltika Breweries to export beer to Germany in PET bottles ...Click here
Nepal: Pepsi bottler signs agreement with InBev to produce Lowenbrau beer ...Click here
China: Barley supply a problem on increasing beer market ...Click here
France: Winter barley area sees 3.5% rise in 2008/09 ...Click here
Brazil & Argentina & Uruguay: Barley crop results disappointing ...Click here
Czech Republic: Czech hops harvest up 3% in 2007 ...Click here

UK: Scottish & Newcastle agrees sale of LCL Pils brand to Daniel Thwaites Brewery ...More Info
Kenya: Diageo solves Kenya's drink problem with cheap beer ...More Info
UK: Scottish & Newcastle unveils new management team ...More Info
USA: Heineken chooses DataAlchemy software for data analysis and presentation ...More Info
Japan: Government buys 61 thousand tonnes of barley via SBS tender ...More Info
Canada: Appeal of ruling upholding wheat board's barley monopoly to be heard February 26, 2008 ...More Info
Ukraine: Barley trade insignificant due to high prices ...More Info
Go to our news database with more than 11875 articles.
Today with the possibility to be translated in 7 different languages!

Brewery News

Bulgaria: Brewers expect 11% to 14% beer sales increase
The broad entering of foreign beer brands from the European community didn’t reflect Bulgarian beer brands sales in the first year of the Bulgarian ...More Info

Denmark & Netherlands: Carlsberg, Heineken clarify they may raise S&N bid
Carlsberg and Heineken (the “Consortium”) notes recent media reports and confirms that, whilst it has no plans to raise its proposal above 750 pence, ...More Info

Vietnam: Sabeco builds brewery plant in Nghe An
The Saigon Brewery Corporation (Sabeco) started the construction of the Saigon-Song Lam Brewery Plant, located on the two communes of Nam Giang and Hung ...More Info

Canada: Brick Brewing slips to loss in Q3, revenues decline

Brick Brewing Co. Ltd. announced its third quarter financial results, reporting a net loss of C$858 thousand or C$0.04 per share, compared to net earnings of C$40 thousand or breakeven per share in the same quarter last year, RTTNews reported December 11.

Net revenues for the quarter declined to C$7.54 million, from C$8.7 million in the prior year quarter. Gross revenues for the quarter decreased 7.2% to C$16.91 million, from C$18.22 million in the same quarter previous year.

For the nine-month period, the company posted a net loss of C$1.47 million or C$0.06 per share, compared to net earnings of C$1.13 million or C$0.03 per share in the same period last year. Net revenues for the period were C$24.04 million, down from C$27.3 million in the same period prior year. Gross revenues for the period decreased to C$54.55 million, from C$57.55 million in the same period previous year.

Russia & Germany: Baltika Breweries to export beer to Germany in PET bottles

Baltika Breweries announced it had started to export beer in PET bottles to Germany, according to company’s press release, December 10. Baltika had previously been registered as an operator on the one-time packaging German market, being the first Russian company which passed the registration process in Deutsche Pfandsystem GmbH (DPG) – organization which administrates one-time packaging turnover on the German market.

Baltika Breweries is the leader on the Russian beer market. In 2006 Baltika merged with the companies Vena, Pikra and Yarpivo.

The Baltika brand occupies second place in Europe in terms of sales. The Company owns 11 breweries across all of Russia and has an extensive portfolio of brands. Baltika has around 12,000 employees.

Nepal: Pepsi bottler signs agreement with InBev to produce Lowenbrau beer

Varun Beverages Pvt. Ltd., the Nepali bottler of Pepsi range of soft drinks has signed an agreement with Inbev, the Belgium based world’s largest beer company to produce and sell in Nepal Lowenbrau brand of beer, according to Businessage, December 11. The brewing is to be done in the brewery of SunGold Beverage of Chaudhary Group. The plan is to launch the Lowenbrau before the Dashain festival.

Varun Beverage is fully owned by Pepsi India.

Nepali market consumes almost 420 million bottles of beer every year. Out of that market, brands from Gorkha Brewery occupy about 85 per cent while the rest is shared among Mt. Everest Brewery, SunGold Beverage and United Brewery.

Barley News

China: Barley supply a problem on increasing beer market
The world beer output in 2006 rose by 6 % to 1,699 Mill. hl (as per Barth), composed of 15 % in China and ...More Info

France: Winter barley area sees 3.5% rise in 2008/09
The French farm ministry estimated that the country's area sown with winter barley is expected to expand, at 1.23 million hectares, up 3.5 percent ...More Info

Brazil & Argentina & Uruguay: Barley crop results disappointing
Crop results of Brazil and Uruguay are confirmed to be disappointing, in Parana, Rio Grande do Sul and in Uruguay yields are about 30 ...More Info

Hops News

Czech Republic: Czech hops harvest up 3% in 2007
Czech hops growers this year harvested 5,630 tonnes of hops, 3 percent more than last year, and per hectare yield was 1.04 tonnes, 0.03 ...More Info
Scientific Digest

Malting barley: storage, dormancy and processing quality

R. Reuss, J.A. Cassells and J.R. Green CSIRO Entomology, GPO Box 1700, Canberra, ACT 2601R. Nischwitz Barett Burston Malting Co., Central Laboratory Gough Street, GPO Box 153B, Melbourne, Victoria 3001

Preharvest sprouting of malting barley causes substantial commercial losses to the grain industry. The use of dormant barley varieties could reduce the risk of weather damage, but dormancy and water sensitivity are undesirable during malting. Storage conditions largely determine the rate of postharvest breakdown of dormancy and water sensitivity. This process may take months, to the disadvantage of handlers and maltsters. Our research has identified several options for managing barley dormancy to provide opportunities to malt and export barley earlier. This would open the door to the use of more dormant barley varieties to reduce preharvest sprouting. The use of agricultural chemicals to break dormancy before or after storage is one possible option. Alternatively, the use of dry heat is an attractive option avoiding market sensitivities to chemical use. Finally, by manipulating the storage process, postharvest dormancy breakdown can be accelerated without compromising barley quality. Here we present preliminary results of a threeyear project that aims to understand the interaction between storage conditions, barley quality and dormancy.
... Load full article, 5 pages, 73 Kb, PDF file

Malting 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).

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 Barley Production, 2007
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week

Source: HGCA

These Days in Business History
December 10
1799 Metric system established in France
1901 1st Nobel Peace Prizes (to Jean Henri Dunant, Frederic Passy)
1915 10,000,000th model T Ford assembled
1948 UN General Assembly adopts Universal Declaration of Human Rights

December 11
1901 Marconi sends 1st transatlantic radio signal, Cornwall to Newfoundland
1930 Bank of the United States opens in New York NY
1967 SST prototype "Concorde" 1st shown (France)
1985 General Electric acquires RCA Corp & its subsidiary

December 12
1800 Washington DC established as capital of US
1858 1st Canadian coins circulated (1, 5, 10 & 20)
1901 Marconi receives 1st transatlantic radio signal, England to US
1991 Maastricht Treaty signed to create a European Community