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Average market prices Change trend
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Average barley market prices are French and are estimated on FOB Creil basis.
The changes are compared to last Newsletter's prices.
Arrows indicate the direction of the change.
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Newsletter 33b, 2005
Newsletter 33a, 2005
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E-malt.com Newsletter 34a August 22 - August 24, 2005
Currency Rates
Base Currency: Euro, EUR
on 24-August-2005
1 EUR = 1.2236 USD
1 EUR = 0.6791 GBP
1 EUR = 1.4651 CAD
1 EUR = 1.62 AUD
1 EUR = 134.38 JPY
1 EUR = 2.9496 BRL
1 EUR = 34.9546 RUB
1 EUR =9.9249 CNY
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Base Currency: US Dollar
on 24-August-2005
1 USD = 0.8176 EUR
1 USD = 0.5551 GBP
1 USD = 1.1974 CAD
1 USD = 1.3240 AUD
1 USD = 109.87 JPY
1 USD = 2.4106 BRL
1 USD = 28.567 RUB
1 USD = 8.1112 CNY
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EUR/USD Chart
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Equities of the Largest Breweries
Top Industry News
UK: Greene King purchases its Scottish rival Belhaven...
Click here
China: Tsingtao will build a brewery in the Northwest of China...
Click here
UK: Beer concedes bit by bit its place to wine...
Click here
Finland: Finnish Federation of the Brewing and Soft Drinks Industry asks for beer tax lowering...
Click here
Russia: Results for H1 of 2005-the lowest industry status for last five years...
Click here
Ukraine: 95% of projected area harvested...
Click here
Scotland: Professionals’ views on barley crops and prices...
Click here
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More News
China : Tsingtao Brewery announces increase in net profit for the first half of 2005
...more info
Malaysia: Carlsberg signs 5-year sponsorship contract for Malaysian Open golf tournament
...more info
South Africa: SABMiller doesn’t officially confirm the acquisition of Krasny Vostok brewer
...more info
China: Kingway builds advanced brewery in Tianjin
...more info
Romania: Data on barley harvest
...more info
Canada: Big Rock Brewery Income Trust announces monthly distribution
...more info
Cameroon: Competition battle leads to transformation of beer bottle caps into currency
...more info
USA: Miller’s celebration of its 150th birthday
...more info
USA: National Football League instigates bidding war to find "official beer sponsor"
...more info
World: Report results on global beer consumption
...more info
Russia: Marketing research results on alcohol consumption
...more info
USA: Workers’ feedback to the Cargil’s closing of Jefferson Junction malting plant
...more info
Germany: Balrley certified seed production
...more info
Russia: Advertising not decisive in buying beer
...more info
USA: Granite City Food & Brewery appoints chief financial officer
...more info
USA: 81% of barley cropped in North Dakota
...more info
Canada: The Service Employees International Union will further support Brewery workers
...more info
USA: Anheuser-Busch kicks off 2005 football season with custom packaging for NFL teams
...more info
Sierra Leone: Sierra Leone Brewery Limited launches National Consumer Promotion raffle
...more info
USA: Researchers try to develop new barley varieties
...more info
USA: Harvesting before schedule, yields down& vomixiton desease up, in North Dakota,
...more info
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Brewery News
UK: Greene King purchases its Scottish rival Belhaven
The UK’s Greene King Brewer said on August 22 that it agreed to buy its rival from Scotland -Belhaven for 187 million pounds. "It is a unique opportunity for us to gain immediate scale in the important Scottish market," Rooney Anand, stated Chief Executive of Greene King, according to Associated Press.
The 625-pence-per-share offer, for the entire issued capital of the company, represents a 15.6 percent premium to Belhaven's closing price on Friday, and will be partly funded through a share placement to raise 47 million pounds, it added. The deal will add Belhaven's 200 tenanted pubs and 100 managed pubs to Greene King's estate of 2,064.
The Synergies expected to be generated in the first year of about 3 million pounds, rise to 5 million pounds over the next two years, said Greene King. "Belhaven will retain everything at the heart of its success, including its name, its brands, and its brewery, but will also benefit from being part of a larger group opening up new markets for its products," Anand stressed.
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UK: Beer concedes bit by bit its place to wine
A new report reveal that for the first time British shoppers are spending more on wine than on beer. An estimated £1.97bn a year is now spent on wine, compared to £1.79bn on beer. Experts say the swing is the result of a number of factors, including clever marketing, the lack of a major sporting event this summer (traditionally a boost for beer sales) and, significantly, a substantial increase in women's drinking the Independent reported on August 21.
Craig Smith, the editor of Marketing magazine, which will publish the results of the TNS-conducted survey in this week's issue, said wine sales had risen by £250m since last year, while sales of beer had declined slightly.
"We are now in the era of branded wine," Mr Smith said. "Previously, wines had been a fairly impenetrable sector for most grocery consumers, who were faced with a big wall of bottles and didn't really know what to choose."
The consumption of alcohol by British women increased by 27 % between 1998 and 2003, with this group now accounting for 55 % of all wine which is drunk in the United Kingdom.
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Barley News
Malting barley prices. French barley prices.
Nominal prices.
EURO = USD 1.2236 August 24, 2005 |
Crop year |
2004 |
2005 |
Parity |
FOB Creil |
FOB Creil |
Position |
July 2004 |
July 2005 |
Type |
Variety |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
nq |
nq |
121.00 |
148.50 |
2RS |
Prestige |
nq |
nq |
121.00 |
148.50 |
2RS |
Cellar |
nq |
nq |
121.00 |
148.50 |
2RS |
Aspen |
nq |
nq |
nq |
nq |
2RS |
Optic |
nq |
nq |
nq |
nq |
2RS |
Sebastien |
nq |
nq |
120.00 |
147.00 |
2RS |
Astoria |
nq |
nq |
120.00 |
147.00 |
2RS |
Cork |
nq |
nq |
119.00 |
146.00 |
6RW |
Esterel |
nq |
nq |
108.00 |
132.50 |
Table of the week
EU Barley Production, in thousand tonnes, forecast
|
Winter |
Winter |
Spring |
Spring |
Total |
Total |
|
2004 |
2005 |
2004 |
2005 |
2004 |
2005 |
Austria |
455 |
405 |
552 |
555 |
1 007 |
960 |
Belgium |
265 |
245 |
40 |
22 |
305 |
267 |
Denmark |
736 |
676 |
2 854 |
3 074 |
3 590 |
3 750 |
Germany |
9 636 |
8 700 |
3 357 |
3 050 |
12 993 |
11 750 |
Finland |
- |
- |
1 725 |
2 087 |
1 725 |
2 087 |
France |
7 313 |
7 052 |
3 728 |
3 279 |
11 041 |
10 331 |
Greece |
238 |
200 |
- |
- |
238 |
200 |
Ireland |
147 |
108 |
1 152 |
914 |
1 299 |
1 022 |
Italy |
1 169 |
1 116 |
- |
- |
1 169 |
1 116 |
Luxemburg |
33 |
33 |
19 |
19 |
52 |
52 |
Netherlands |
21 |
20 |
266 |
270 |
288 |
290 |
Portugal |
16 |
6 |
- |
- |
16 |
6 |
Spain |
2 643 |
1 058 |
7 966 |
3 801 |
10 609 |
4 859 |
Sweden |
30 |
25 |
1 662 |
1 584 |
1 692 |
1 609 |
U.K. |
2 699 |
2 400 |
3 161 |
3 047 |
5 860 |
5 447 |
EU-15 |
25 401 |
22 044 |
26 482 |
21 702 |
51 884 |
43 746 |
Cyprus |
107 |
100 |
- |
- |
107 |
100 |
Czech Rep. |
596 |
565 |
1 735 |
1 824 |
2 331 |
2 389 |
Estonia |
- |
- |
293 |
250 |
293 |
250 |
Hungary |
821 |
605 |
593 |
450 |
1 414 |
1 055 |
Latvia |
9 |
3 |
275 |
249 |
284 |
252 |
Lithuania |
17 |
16 |
843 |
588 |
860 |
604 |
Poland |
527 |
500 |
3 044 |
2 700 |
3 571 |
3 200 |
Slovakia |
76 |
73 |
840 |
763 |
916 |
836 |
Slovenia |
- |
- |
59 |
28 |
59 |
28 |
EU-10 |
2 153 |
1 862 |
7 682 |
6 852 |
9 835 |
8 714 |
EU-TOTAL |
27 554 |
23 906 |
34 164 |
28 554 |
61 719 |
52 460 |
Source: H.M. Gauger report
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Graph of the week
Agenda
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