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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!

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E-Malt.com Flash 50b
December 13 - December 16, 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

Japan: Beer, quasi-beer shipments down 1.1% in November 2007 ...Click here
Nigeria: Nigeria Breweries profit increased 41% in January-September 2007 ...Click here
India: Asahi Breweries launches its No.1 beer Asahi Super Dry on Indian market ...Click here
UK: SABMiller acquires 5% stake in Grolsch ...Click here
Netherlands: Dutch catering industry drops legal cases against Heineken, Grolsch and Bavaria on cartel deal ...Click here
Australia: Cascade Brewery looks to import barley for the first time in 18 years ...Click here
Europe: Malsters more interested in 2008 barley crop ...Click here
Canada: Barley production up 15% in 2007 y/y due to higher seeded area ...Click here
Czech Republic: Czech hops harvest up 3% in 2007 ...Click here

UK & China: Tsingtao gets new UK distributor ...More Info
Japan: Sapporo Breweries to release beer with 50% less sugar in February 2007 ...More Info
Moldova: Efes Vitanta Moldova Brewery beer sales up 10.1% in 9 month of 2007 ...More Info
UK: InBev’s vice president of marketing Devin Kelly has left the company ...More Info
Finland: No images of people under 25 years in beer advertising ...More Info
USA: Miller to test market low-calories craft beers under Lite brand ...More Info
India: United Breweries Holdings raises $152 million from placement ...More Info
USA: SABMiller could be listed on NYSE ...More Info
Germany: Bavaria region bans smoking in public areas, Oktoberfest festival may suffer ...More Info
Canada: Big Rock Brewery Income Trust appoints new independent director ...More Info
Australia: Victoria and NSW barley pool estimates unchanged ...More Info
Go to our news database with more than 11894 articles.
Today with the possibility to be translated in 7 different languages!

Brewery News

Japan: Beer, quasi-beer shipments down 1.1% in November 2007
Shipments of beer and quasi-beer beverages in Japan in November fell 1.1 pct from a year before to 39,293,000 cases due to a plunge ...More Info

Nigeria: Nigeria Breweries profit increased 41% in January-September 2007
Nigerian Breweries PLC has declared a total of N17.9 billion as Profit before Tax (PBT) for the nine months ended 30th September, 2007, Vanguard ...More Info

India: Asahi Breweries launches its No.1 beer Asahi Super Dry on Indian market
Japan's No. 1 beer, Asahi Super Dry, was launched in India by Sula Selections, the import arm of Sula Vineyards at Shiro, Smashits reported ...More Info

UK: SABMiller acquires 5% stake in Grolsch
SABMiller, the world's second-biggest brewer which is buying Grolsch NV, has acquired a 5 percent stake in the Dutch company, the Dutch stock market ...More Info

Netherlands: Dutch catering industry drops legal cases against Heineken, Grolsch and Bavaria on cartel deal
Dutch hotel and catering industry association Koninklijke Horeca Nederland has dropped its legal cases against breweries Heineken, Grolsch and Bavaria, according to Thomson Financial, ...More Info

Barley News

Australia: Cascade Brewery looks to import barley for the first time in 18 years
Cascade Brewery, a major Tasmanian brewery will import barley for the first time in 18 years, according to ABC News, December 13.

After two dry ...More Info

Europe: Malsters more interested in 2008 barley crop
While the activity on this year barley crop stays limited, European malsters are more interested in covering their needs for the 2008 crop, according ...More Info

Canada: Barley production up 15% in 2007 y/y due to higher seeded area

Production is estimated to have increased by 15% to 11.0 Mt, slightly lower than the 10-year average, due to higher seeded area, according to Agriculture and Agri-Food Canada, December 10.

However, supply has declined slightly as a result of significantly lower carry-in stocks. Crop quality is slightly below average. Exports are forecast to rise sharply, while domestic feed use decreases. Carry-out stocks are projected to decrease by 13%. The average off- Board feed barley price (No.1 CW I/S Lethbridge) is forecast to increase driven by strong export demand and the strength in other markets.

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 13
1734 England & Russia sign trade agreement
1898 Hannibal Goodwin patents celluloid photographic film
1983 British Airways incorporates

December 14
1911 South Pole 1st reached, by Norwegian Roald Amundsen
1960 Organization for Economic Cooperation & Development (OECD) forms
1967 DNA created in a test tube

December 15
1792 1st life insurance policy issued in US (Philadelphia)
1832 Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris).
1854 1st street-cleaning machine in U.S. 1st used in Philadelphia
1886 For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares.

December 16
1834 Lιon Walras French economist is born
1905 "Variety", covering all phases of show business, 1st published
1908 1st credit union in US forms (Manchester NH)