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E-Malt.com Flash 02a
January 07 - January 09, 2008
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Currency Rates
Base Currency: Euro, EUR
on 09-January-2008

1 EUR = 1.4706 USD
1 EUR = 0.7453 GBP
1 EUR = 1.4741 CAD
1 EUR = 1.6759 AUD
1 EUR = 160.829 JPY
1 EUR = 2.5927 BRL
1 EUR = 35.9199 RUB
1 EUR = 10.6995 CNY
Base Currency: US Dollar
on 09-January-2008

1 USD = 0.68 EUR
1 USD = 0.5068 GBP
1 USD = 1.0024 CAD
1 USD = 1.1395 AUD
1 USD = 109.365 JPY
1 USD = 1.763 BRL
1 USD = 24.425 RUB
1 USD = 7.2755 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
January 09, 2008
Crop 2007 Crop 2008
2rs Barley €306.0-308.0 0.99% 2rs Barley €288.0-290.0 1.05%
6rw Barley €273.0-275.0 2.24% 6rw Barley €250.0-252.0
2rs Malt €561.5-563.5 0.99% 2rs Malt €527.0-529.0 0.86%
6rw Malt €520.0-522.0 1.86% 6rw Malt €479.5-481.5 0.21%

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

Poland: SABMiller’s Polish unit gets approval for Browar Belgia acquisition that is to be completed in the next few days ...Click here
USA: Anheuser-Busch reports increased U.S. beer volume in 2007 by 2% ...Click here
UK: SABMiller to launch public offering for Grolsch ...Click here
Denmark: Royal Unibrew considers closing down Aarhus brewery to boost earnings ...Click here
Russia & UK: Scottish & Newcastle ups pressure on Carlsberg over Russian venture ...Click here
Philippines: San Miguel beer unit says 2007 revenues up 8 pct ...Click here
Czech Republic: Budejovicky Budvar boosted its annual production by 8.7 percent ...Click here
USA: Malting barley prices inch toward $6 mark again ...Click here
UK: The quality of some of the remaining potential malting barley in farm stores could be damaged ...Click here




Japan: Sapporo beer sales to drop 1.7% in 2008 ...More Info
China: San Miguel is expecting steady growth in its China operations ...More Info
Vietnam: The consumption of beer and alcohol in Vietnam maybe reduced by 50% by 2015 ...More Info
India: Cobra Beer is planning $50 mln investments to set up breweries across the country over the next three years ...More Info
China: HK-listed Tsingtao Brewery to buy remainder of Xi'an unit for 171 mln yuan ...More Info
Chile: CCU brewery says 4th-qtr volume up 6.9 pct ...More Info
South Africa: South African Breweries implemented its annual price increase ...More Info
Singapore: Fraser and Neave puts chairman pay to vote ...More Info
India: United Breweries seek out a JV partner to grow business ...More Info
UK: Carlsberg rolls out business continuity to key UK brewery ...More Info
Ukraine: Intensely cold weather can negatively influence winter barley sowings ...More Info
Go to our news database with more than 11976 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Poland: SABMiller’s Polish unit gets approval for Browar Belgia acquisition that is to be completed in the next few days
SABMiller plc's Polish subsidiary Kompania Piwowarska SA (KP) announced on January 4th it has received approval from the Polish Office of Competition and Consumer ...More Info

USA: Anheuser-Busch reports increased U.S. beer volume in 2007 by 2%
Anheuser-Busch, Inc., the U.S. beer subsidiary of Anheuser-Busch Cos., Inc., announced on January 07 it increased U.S. shipments to wholesalers to 104.4 million barrels ...More Info

UK: SABMiller to launch public offering for Grolsch

SABMiller plc, the owner of Miller Brewing Co., announced January 7 will launch its previously announced agreement to buy all outstanding shares of the Dutch brewer Grolsch on Tuesday with a public offering slated to expire Feb. 5.

Anheuser-Busch is the exclusive U.S. importer of Grolsch, which includes the entire Grolsch brand line-up, including Grolsch Amber Ale, Grolsch Light Lager and Grolsch Blonde Lager.

The companies do not anticipate a change in the existing distribution agreements for the brand in the United States, the United Kingdom, Canada, Australia and certain smaller markets.

On Nov. 19, 2007, London-based SABMiller agreed to buy all outstanding shares of Koninklijke Grolsch NV, of Amsterdam, for 48.25 euros per share, or 816 million euros. The offer is valued at about $1.2 billion and runs from 9 a.m. Jan. 8 to 3 p.m. Feb. 5, Amsterdam time.

The management board of Grolsch has approved the agreement and is recommending acceptance of the offer to shareholders.

In a statement issued Monday, SABMiller said it may extend the offer period by two to four weeks, if necessary.

SABMiller has said it plans to grow the Grolsch brand, most notably in Africa and Latin America, as well as in ...More Info


Denmark: Royal Unibrew considers closing down Aarhus brewery to boost earnings
Danish brewing force, Royal Unibrew AS, announced on January 7th that it is considering a close-down of production at its brewery in Aarhus, Denmark, ...More Info

Russia & UK: Scottish & Newcastle ups pressure on Carlsberg over Russian venture

British brewer Scottish & Newcastle, which is fighting to head off a takeover bid from Carlsberg and Heineken, said January 8 it has submitted a detailed claim to an arbitration court to secure control of Russian Baltic Beverages Holding, its 50-50 joint venture with Carlsberg, amid a bitter row with co-owner Carlsberg.

S&N said it could save nearly $200 million per year if it gained full control over BBH. The Danish-Dutch consortium is offering 750 pence per share, or $14.4 million, for the brewery — in a so-called friendly bid. The company's board has rejected the offer and has refused to engage in talks with the suitors. The UK Takeover Panel has given the consortium until Jan. 21 to either formalize its bid for S&N or pull out.

S&N said in a statement it laid the claim with the Arbitral Tribunal in Stockholm arising from what it argues were breaches by Danish group Carlsberg of the BBH Shareholders' Agreement.

John Dunsmore, the S&N Chief Executive, said: "While the consortium continues to seek to acquire S&N's unique portfolio of assets on the cheap, we are continuing to explore fully every option to deliver shareholder value. Carlsberg's desire to terminate the BBH joint ...More Info


Philippines: San Miguel beer unit says 2007 revenues up 8 pct
Southeast Asian food and drinks giant San Miguel announced on January 9 that its Philippine beer unit had estimated revenue growth of nearly 8 ...More Info

Czech Republic: Budejovicky Budvar boosted its annual production by 8.7 percent
The Czech state-owned brewery Budejovicky Budvar NP, which has been fighting a long legal battle with Anheuser-Busch over the Budweiser brand, announced January 7 ...More Info

Barley News

USA: Malting barley prices inch toward $6 mark again
Cash elevator prices for both malting and feed classes of barley remained steady or increased slightly going into the last days of 2007, The ...More Info

UK: The quality of some of the remaining potential malting barley in farm stores could be damaged

Concern that the quality of some of the remaining potential malting barley in farm stores could be deteriorating has been played down, though growers are being advised to keep a close eye on any grain yet to be delivered, Farmers Weekly Interactive posted on January 08.

With supplies of good quality malting barley tight and getting tighter, according to Gleadell's Stuart Shand, growers with unsold barley should think about selling it as soon as possible to avoid deterioration.

Last season's unusual growing conditions seemed to have affected germination, even in crops harvested in good conditions, he warned."We are getting a lot of rejections, mainly for germination."

Growers hanging on for better premiums, already high, could end up disappointed if their crops slipped below the 98% required for malting, he said.

But Glencore's Nick Oakhill believed most problems occurred earlier in grain stored warm at high moistures."Some growers never had the opportunity to cool it."

Dormancy in winter varieties did seem higher than usual, he acknowledged, perhaps reflecting the odd season. "But most of the malting crop has already gone."

Greencore Malt's Adrian Dyter anticipated that most grain left on farms was in the hands of good growers. There was some dormancy in winter barley, the first ...More Info

Scientific Digest

Determination of the Contents of A- and B-Starches in Barley using Low Angle Laser Light Scattering

IVAN BOHAČENKO(1), JOSEF CHMELÍK(2) and VRATISLAV PSOTA(3) (1)Food Research Institute Prague, Prague, Czech Republic; (2)Institute of Analytical Chemistry, Academy of Sciences of the Czech Republic, Brno, Czech Republic; (3)Research Institute of Brewing and Malting, Brno, Czech Republic

Abstract
BOHAČENKO I., CHMELÍK J., PSOTA V. (2006): Determination of the contents of A- and B-starches in barley using Low Angle Laser Light Scattering. Czech J. Food Sci., 24: 11–18. A method was proposed for the determination of the contents of A- and B-starches in barley and for the use in plant breeding stations and brewing/malting laboratories. A combination was used of classical methods (incl. crushing of barley kernels by a roll crusher, steeping in 0.02M HCl, repeated rubbing and filtering through the sieve of 0.08 mm), and novel pieces of know-how (treatment with β-glucanase and cellulase, alkalisation at pH = 10.0 and centrifugation of crude starch suspension through the layer of CsCl). In this way, barley starch of high purity was obtained at a very low loss, using Low Angle Laser Light Scattering for the determination of the size distribution of starch granules. The boundary of the particle size between the peaks of A-starch and B-starch (7 μm) was evaluated from the distribution curves, while the contents of A- and B-starches were calculated from the cumulative curves. As a whole, the method was internally validated and for its repeatability and uncertainty of measurement the stimates of standard deviation s = 1.56 and confidence interval L1,2 = x ± 1.9% were established, respectively. Taking into account the generally well known difficulties associated with the extraction of substances from biological materials, in this case the separation of starch from barley kernels, we believe that the proposed method will bring satisfactory results in practice. Keywords: barley; A-starch; B-starch; starch granules; Low Angle Laser Light Scattering
... Load full article, 8 pages, 193 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

Prices Evolution

Prices evolution

Table of the week

Australian Barley Supply and Disposal 2001 - 2008f
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Graph Of The Week


These Days in Business History
January 7
1714 Typewriter patented by Englishman Henry Mill (built years later)
1782 1st US commercial bank, Bank of North America, opens in Philadelphia
1995 Murray Newton Rothbard economist, dies of cardiac arrest at 69

January 8
1675 1st American commercial corporation chartered (New York Fishing Co)
1889 Dr Herman Hollerith receives 1st US patent for a tabulating machine (1st Computer)
1964 European Parliament accept Mansholt Plan

January 9
1843 P Paul Leroy-Beaulieu, French economist is born
1848 1st commercial bank in San Francisco established
1799 Income Tax introduced in UK
Agenda