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Newsletter Summary

Currency rates
Equities of largest breweries
Market prices change trend
Top industry news
Brewery news
Malt news
Barley news
More news
Malting barley prices
Theoretical malt prices
Barley Prices Evolution
Table of the week
Graph of the week
On These Days
Agenda
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Average market prices
Change trend

15 Mar - 18 Mar, 2007
Crop 2006
2rs Barley €215.0-217.0
6rw Barley €187.0-189.0
2rs Malt €426.5-428.5 0.47%
6rw Malt €390.5-392.5 0.51%
Crop 2007
2rs Barley €172.0-174.0 1.17%
6rw Barley €152.0-154.0
2rs Malt €357.5-359.5 1.27%
6rw Malt €332.0-334.0 0.60%

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 market prices are estimated on FOB Antwerp basis.
The changes are compared to last Newsletter's prices.
Arrows indicate the direction of the change.


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Dear E-malt Reader!

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!

Updated figures related to USA barley and malt trade with Mexico and Canada could be seen in NAFTA section of e-malt.com menu. To this purpose please enter e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

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Other e-malt.com newsletters

Last five E-malt Flashes

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Flash 10, 2007

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Flash 09b, 2007

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Flash 09a, 2007

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Flash 08b, 2007

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Flash 08a, 2007



Market price evolutions

The evolution of market prices for barley and malt, which are periodicaly issued with e-malt.com newsletters are published on e-malt.com site in Market Prices section. Just click here!
Available market price evolutions

See this Evolution!
Malt Market Price Evolution, Crop 2006

See this Evolution!
Canada Average Barley Prices (1983-2008f)

See this Evolution!
Canada Average Barley Prices 1983-2005

See this Evolution!
Canadian Malting Barley Prices vs. Danish 2Row

See this Evolution!
Australia Malting Barley Export Prices 2000-2005

See this Evolution!
Malt Market Price Evolution. Crop 2005

See this Evolution!
French Malting Barley Price Evolution. Crop 2005

See this Evolution!
Malt Market Price Evolution. Crop 2004

See this Evolution!
French Malting Barley Price Evolution. Crop 2004

See this Evolution!
Malt Market Price Evolution. Crop 2003

See this Evolution!
French Malting Barley Price Evolution. Crop 2003


E-malt.com graphs

All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.
Last five graphs

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Canada Malting Barley Exports by Country of Destination, 2005 - 2006

Open this Graph!
USA Imports of Malt Beverages including Beer

Open this Graph!
EU Malt Demand estimated 2006-2007

Open this Graph!
Japan Beer Sales (1997-2006)

Open this Graph!
Canada Barley Production



The graphs are updated from time to time. Just see the updates online on e-malt.com site!
E-malt.com Tables

We have the pleasure to let you know that all e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statisctis section.


Last five tables
search in statistics

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EU Malt Export Licence Fixations

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Number of German Breweries classified by production capacity

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World Barley Supply and Demand

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Annual UK Barley Supply And Demand Estimates (December 2006)

Open this Table!
EU Malt Export Licence Fixations



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March 15 - March 18, 2007

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Currency Rates
Base Currency: Euro, EUR
on 16-March-2007

1 EUR = 1.3225 USD
1 EUR = 0.6833 GBP
1 EUR = 1.5547 CAD
1 EUR = 1.6806 AUD
1 EUR = 155.123 JPY
1 EUR = 2.7682 BRL
1 EUR = 34.5548 RUB
1 EUR = 10.2541 CNY
Base Currency: US Dollar
on 16-March-2007

1 USD = 0.7562 EUR
1 USD = 0.5167 GBP
1 USD = 1.1756 CAD
1 USD = 1.2707 AUD
1 USD = 117.307 JPY
1 USD = 2.0933 BRL
1 USD = 26.1294 RUB
1 USD = 7.7539 CNY

EUR/USD Chart

Equities of the Largest Breweries

Top Industry News
Czech Republic: Breweries raise output to record 19.8 mil hl in 2006... Click here

Brazil: AmBev announces the extension of the voluntary offer to purchase any and all outstanding shares of Quinsa... Click here

South Africa: SABMiller shares dropped 4.4 percent after Heineken had ended Amstel South Africa contract... Click here

Croatia: Karlovacka Brewery operations banned because of CO2 leaking into fermentation... Click here

Romania: Beck’s beer sales increased by 35% in 2006... Click here

Denmark: Carlsberg may close several European breweries... Click here

Russia: The successful merger of Baltika, Vena, Yarpivo and Pikra companies made it possible to achieve high financial results in 2006... Click here

EU: Supply and demand of malt are not in balance and malt prices are rising as a result... Click here

World: There will be additional demand for barley and for malt of crop 2007 to rebuild stocks... Click here

EU: Most international grain houses had shifted their barley export program to EU ports... Click here

Australia: ABB Grain’s 2005/2006 season barley pool estimates maintained... Click here

Ireland: Tillage farmers protest at Greencore demanding doubling barley premiums... Click here

More News
Europe: The winter in Europe has been one of the mildest ever ... More Info

China: Anheuser-Busch plans a double expansion of Budweiser sales in China ... More Info

Romania: Soft drinks companies start brewing beer to reach higher profits ... More Info

Canada: Lakeport Brewing secures revolving credit facility for investment at its Hamilton brewery ... More Info

Japan: Sapporo urged to vote against company takeover defense plan ... More Info

Canada: Plebiscite on CWB’s role in barley exports ended March 13 ... More Info

Dominican Republic: Dominican National Brewery expects US$370 mil in bonds ... More Info

USA: Molson Coors to save $250 million over the next three years ... More Info

Bulgaria & Belgium: Bell Aqua Forum to build a brewery in Triavna ... More Info

Japan: Sapporo beer sales up for the 1st time in 10 month ... More Info

Denmark: Carlsberg’s annual report approved at the Annual General Meeting ... More Info

USA: Beer Institute is calling to action to prevent and reduce underage drinking ... More Info

Cayman Islands: Cayman Islands Brewery appoints its first General Manager ... More Info


Brewery News

2 Czech Republic: Breweries raise output to record 19.8 mil hl in 2006

Czech breweries increased output by 3.8 percent to a record 19.79 million hectolitres of beer last year, the Czech Beer and Malt Association said, ...
More Info


2 Brazil: AmBev announces the extension of the voluntary offer to purchase any and all outstanding shares of Quinsa

InBev announced on March 16 that AmBev has extended the period of the voluntary offer made by Beverage Associates Holding Ltd. (“BAH”), a Bahamian ...
More Info


0 South Africa: SABMiller shares dropped 4.4 percent after Heineken had ended Amstel South Africa contract

Shares in brewer SABMiller PLC dropped more than 4 percent Tuesday after rival Heineken NV ended the company's contract to make Amstel lager in South Africa, Associated Press reported March 13.

Heineken said late Monday it had terminated the licensing agreement that allows SABMiller to brew, market and distribute Amstel lager in South Africa and that it plans to build its own brewery there – meaning that London-listed SABMiller is facing increased competition in a market it currently dominates.

SABMiller said it will lose $80 million (60 million euros) in earnings before interest, taxes and amortization in the next fiscal year because of the loss of sales of Amstel, which currently represent 9 percent of its beer volumes in South Africa.

The company, which has a 97.5 percent share of the South African market, said it is already pursuing a number of initiatives to mitigate the impact of the license termination, including broadening its premium offering.

Sanford C. Bernstein analyst Trevor Stirling said the loss of the deal, a bone of contention between the two companies for some time, was clearly a blow for SABMiller, but added that it “causes headaches for both of them.”

Stirling estimates that SABMiller's other ...
More Info


0 Croatia: Karlovacka Brewery operations banned because of CO2 leaking into fermentation

Ministry of Environmental Protection inspection banned operation of Karlovacka brewery until it enables CO2 recovery appliance, Javno News reported March 12.

Temporary ban will be in effect until the irregularities are removed, i.e. until Karlovacka brewery does not enable its carbon dioxide recovery appliance.

Due to wrongly placed pipes, carbon dioxide leaked into the fermentation drive of Karlovacka brewery, but it is not familiar for how long.

Because of carbon dioxide poisoning of Zdravko Martinovic vented into the stream behind the brewery, the brewery`s technical director Gabor Ligeti was brought in last week to the County court inquest centre, along with Karlovacka brewery chief engineer Slaven Siladic, fermentation production manager Marinko Kovacevic and security at work and environmental protection manager Zrinka Odrcic, judge Alenka Laptalo and County court in Karlovac spokesperson notified.

But, they were released afterwards, and the State attorney’s office demanded their custody.

Documentation was omitted from the Karlovacka brewery, and an inquest was conducted, during which all evidence were ensured as well as facts determined linked with carbon dioxide leak.


2 Romania: Beck’s beer sales increased by 35% in 2006

Interbrew Romania, the local branch of InBev, the worldwide leader on the beer market, witnessed a 35% increase in the value of sales for ...
More Info


0 Denmark: Carlsberg may close several European breweries

Carlsberg could close several of its breweries in Western Europe during 2007, chief executive Nils Smedegaard Andersen said, according to news agency Direkt, AFX News Limited reported March 7.

“Nordic countries and other smaller countries should typically have one brewery each,” Direkt quoted him as saying, adding that bigger countries should have two.

However, Smedegaard Andersen does not presently see any significant overcapacity at Carlsberg's breweries, Direkt said.

Smedegaard Andersen said there 'is no point closing breweries with a critical mass unless real estate is involved.'

This may indicate that Carlsberg's breweries in Leeds and Hamburg may be closed, since they are located in attractive areas in the centre of the cities, Direkt speculated.


2 Russia: The successful merger of Baltika, Vena, Yarpivo and Pikra companies made it possible to achieve high financial results in 2006

Basic results of 2006 in figures:

Sales volume of all production
- 37.2 million hectolitres
Net sales - 1,739.5 million EURO ...
More Info

Malt News

2 EU: Supply and demand of malt are not in balance and malt prices are rising as a result

After bad losses in the past years maltsters cannot afford any more to speculate on barley prices, but they cover their sales immediately, market ...
More Info


2 World: There will be additional demand for barley and for malt of crop 2007 to rebuild stocks

Just like maltsters are short-covered in barley, also many brewers purchased less malt and reduced their inventory in the expensive crop year of 2006/07, ...
More Info

Barley News

2 EU: Most international grain houses had shifted their barley export program to EU ports

In feed barley markets the Ukraine abandoned their quota system and freed exports from restrictions, which had disrupted Black Sea barley exports since October. ...
More Info


2 Australia: ABB Grain’s 2005/2006 season barley pool estimates maintained

ABB Grain has reviewed its gross barley pool indicators for 2005/2006 season barley and has maintained its estimates for both malt and feed barley, ...
More Info


0 Ireland: Tillage farmers protest at Greencore demanding doubling barley premiums

About 150 farmers, who staged a protest outside Minch Malt — part of the Greencore Group, in Athy, Co Kildare — said the company had offered a derisory premium of €15 per tonne for a quality product while at the same time consumers were being asked to pay more for their pint, Irish Examiner reported March 14.

Grain growers warned they will not guarantee a supply of malting barley for use in the brewing of drinks including Guinness unless they get a fair price for the crop.

However, Minch Malt said it had offered growers the option of a guaranteed fixed price of €140 per tonne at 20% moisture.

“This guaranteed price will suit growers who prefer certainty and wish to minimise price risk and is an alternative to the €15 premium on average feeding barley price at 2007 harvest,” said Pat Murphy, Minch Malt purchasing director.

“Minch Malt is also giving growers the option to mix the fixed and variable options as it suits the grower.”

But IFA Grain Committee chairman Colum McDonnell said market conditions justify a doubling of the malting premium paid to growers. He said publicans, Government, brewers and maltsters account for 99.8% of the price of ...
More Info


Malting barley prices. French barley prices.
Nominal prices.

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

Theoretical malt prices.
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

Theoretical malt prices for crop 2007 are available on site www.e-malt.com/MarketPrices

Malt Prices Evolution
Canada Barley Price Evolution
Malt Price Evolution
Newsletter SummaryTop

Table of the week

USA Barley Supply and Distribution

Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph of the week
Brazil Beer Production

Graph of the week. Make it clear - Membership for one year is 169 EUR.
March 15
1817 The New York Stock Exchange officially prohibits the "fictitious sales," or wash sales, that had enabled speculators to manipulate individual stocks without even owning them.
1827 University of Toronto is chartered.
1892 1st escalator patented by inventor Jesse W. Reno (New York City)

March 16
1915 United States Trade Commission organizes
1933 President Franklin D. Roosevelt takes the U.S. off the gold standard, removing the yellow metal from coinage and circulation, even banning it as a collectible.
1987 IBM releases PC-DOS version 3.3

March 17
1845 Bristol man, Henry Jones, patents self-raising flour
1968 2-tiered gold price negotiated in Washington D.C. by U.S. and 6 European nations
1997 CNN begins spanish broadcasts

March 18
1850 Henry Wells and William Fargo forms American Express in Buffalo
1938 Mexico takes control of foreign-owned oil properties
1985 Capital Cities Communications Inc. acquires ABC
Agenda
March 2007:
Beer Day, Iceland.
WorldFoodUzbekistan - 2007.
World Barley Malt & Beer Conference.
The 2nd International Trading Summit: Grains & Oilseeds, Turkey.


April 2007:
InterFood St. Petersburg
15th Annual International Beer Festival, USA.
The International Hop Growers’ Convention (IHGC) Meetings, France.
24th ANNUAL INTERNATIONAL BEER FESTIVAL SAN FRANCISCO


May 2007:
European Grain & Oilseed Convention 2007, Brussels
31-st International Congress of the European Brewery Convention , Italy
Hofex - 2007, China
InterFood Azerbaijan 13th Azerbaijan International Food Industry and Agriculture Exhibition
InterFood Astana , Kazakhstan, 9th Astana International Exhibition for Food, Beverages, Technologies


More events are available on site e-malt.com



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