If you want to see the web version you may click here or access http://e-malt.com/Publications.asp?3814
E-Malt.com NewsLetter. Sent to: @EMAILADDRESS@. User ID: @USERID@.
Newsletter Summary
Currency rates
Equities of largest breweries
Market prices change trend
Top industry news
Brewery news
Barley news
More news
Scientific Digest
Theoretical malt prices
Malting barley prices
Table of the week
Graph of the week
On These Days
Agenda
Do you know e-malt.com?

Place your advertisement on our Newsletters, Flashes and directly on our site!
Jump to www.BrewR.org

E-Malt is a proud endorser of World Beer Cup 2008
Publish Your Own News, Announcement and Event on E-Malt.com
Average market prices
Change trend
October 24, 2007
Crop 2007
2rs Barley €319.0-321.0 0.31%
6rw Barley €290.0-292.0 1.02%
2rs Malt €556.0-558.0 0.27%
6rw Malt €519.5-521.5 0.67%
Crop 2008
2rs Barley €282.0-284.0 0.35%
6rw Barley €241.0-243.0 2.42%
2rs Malt €507.5-509.5 0.20%
6rw Malt €456.0-458.0 1.61%

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.

Easy E-malt.com


Access to E-malt.com
User name

Password


Use the above form to have a full immediate access to E-malt.com site!

Through the drop-down menu you can easily remind your username and password; change your username and password or even edit your account!



Do you know
E-malt.com ?

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

Thank You!

E-malt.com Links!
Other e-malt.com newsletters
Last five newsletters
See this Newsletter!
Newsletter 42b, 2007
See this Newsletter!
Newsletter 42a, 2007
See this Newsletter!
Newsletter 41b, 2007
See this Newsletter!
Newsletter 41a, 2007
See this Newsletter!
Newsletter 40b, 2007

Market price evolutions

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

Available market price evolutions
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
Open
The world's seven largest malting companies (2007)
Open
Number Of German Breweries (1997 - 2006)
Open
South America Beer Production per Year by Country (1997 - 2006)
Open
World Malting Barley Exports
Open
Africa Beer Production

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

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 Statistics section.


Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com

If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.

You may recommend our site to your friend by clicking here

If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data .

E-malt.com Newsletter 43a
October 22 - October 24, 2007
Quote of the week

"Time is never wasted when you're wasted all the time."
Catherine Zandonella


Currency Rates
Base Currency: Euro, EUR
on 24-October-2007

1 EUR = 1.4214 USD
1 EUR = 0.6966 GBP
1 EUR = 1.3823 CAD
1 EUR = 1.5948 AUD
1 EUR = 162.856 JPY
1 EUR = 2.5604 BRL
1 EUR = 35.3929 RUB
1 EUR = 10.6824 CNY
 Base Currency: US Dollar
on 24-October-2007

1 USD = 0.7036 EUR
1 USD = 0.4901 GBP
1 USD = 0.9725 CAD
1 USD = 1.122 AUD
1 USD = 114.574 JPY
1 USD = 1.8014 BRL
1 USD = 24.9 RUB
1 USD = 7.5154 CNY

EUR/USD Chart

Equities of the Largest Breweries

Top Industry News
China & Thailand: Tsingtao Brewery Q3 net profit up 52.4 pct, new joint venture in Thailand planned... Click here

Mexico: Grupo Modelo Reports a 24.9% increase in 3rd quarter 2007 gross profit... Click here

Vietnam: SABMiller to install new brewery line soon... Click here

Australia: Is Foster's about to sell Melbourne historic brewery?... Click here

UK: Scottish & Newcastle says BBH agreement breached... Click here

Japan: Japanese brewers outlook stable despite profitability pressures... Click here

Brazil &Russia & India & China: Beer consumption booming in ‘BRIC’ countries... Click here

China & India: Carlsberg and Heineken interested in S&N India and China operations... Click here

Denmark & Finland & Sweden: The barley market is to go higher for the deliveries after January 2008... Click here

Canada: Barley exports to increase to 2.0 Mt in 2006-2007... Click here

Australia: GrainCorp barley pools open for 2007/08... Click here

More News
Czech Republic: Plzensky Prazdroj to increase number of beer vending machines ... More Info

USA: Heineken selects Satellite Logistics Group for Southeast demand point ... More Info

Namibia: Namibia Breweries appoints new Managing Director ... More Info

USA: Miller-Molson merger will shake up sports marketing world ... More Info

UK: Sheperd Neame’s Original Porter returns ... More Info

USA: Fort Garry shareholders approve amalgamation with Russell Breweries with 99.93% votes in favour ... More Info

Azerbaijan & Russia: Azerbaijan ready to discuss Russia’s pretences on beer trade mode between countries ... More Info

Canada: Big Rock Brewery Income Trust announces monthly distribution ... More Info

India: United Breweries saw a 4.82% deal block on stock exchange ... More Info

Finland: Danish Christmas beer supplements Sinebrychoff’s domestic selection ... More Info

Turkey & India: Anadolu Efes Biracilik ve Malt Sanayii's long-term IDR affirmed at 'BB+' ... More Info

Netherlands: Heineken fell 1.57 pct following S&N possibility to foil the bid ... More Info

USA: AmBev initiated with "overweight" ... More Info

Thailand: Heineken extends Royal Trophy deal ... More Info



Brewery News
China & Thailand: Tsingtao Brewery Q3 net profit up 52.4 pct, new joint venture in Thailand planned

Tsingtao Brewery Co Ltd, China's largest beer maker, said third quarter net profit rose 52.4 pct year-on-year to 328.63 mln yuan under Chinese accounting standards, boosted by strong beer sales, XFN-ASIA reported October 24.

In its third quarter results filed with the Shanghai Stock Exchange, the brewer said it sold 1.634 mln kiloliters of beer in the first three quarters, up 11.1 pct from a year earlier, with sales of its flagship Tsingtao brand up 19.3 pct at 613,000 kiloliters.

Operating revenue in the third quarter was 4.28 bln yuan, up from 3.70 bln yuan a year earlier.

Earning per share was 0.25 yuan in the third quarter, up from 0.165 a year earlier.

Tsingtao Brewery, in which Anheuser-Busch holds a 27 pct stake, said nine months net profit rose 60.81 pct year-on-year to 695.44 mln yuan, with operating revenue of 11.11 bln yuan, up from 9.55 bln yuan a year earlier.

The company gave no detailed guidance for the full year, saying only that it will continue to implement measures to improve purchasing, reorganize product lineups and upgrade technology to offset the impact of increasing costs in the fourth quarter.

In a separate statement, the company said it plans ... More Info

Mexico: Grupo Modelo Reports a 24.9% increase in 3rd quarter 2007 gross profit

Grupo Modelo, S.A.B. de C.V. and Subsidiaries (“Grupo Modelo” or “the Company”), the leading brewer in Mexico and producer of the best-selling Mexican beer in the world, announced its financial and operating results for the third quarter ended September 30, 2007, in a press release, October 18.

In the third quarter of 2007, total volume increased 3.8% to 13.1 million hectoliters. The domestic market registered volume increases of 3.8% in Modelo’s brands and 27.7% in the imported brand portfolio, as a result of solid demand in the first half of the quarter and the impact of heavy rains at the end of the period. Regarding brand performance, Estrella outperformed in the quarter with the highest rate of growth.

Export volumes increased 3.0% compared to the same quarter of the previous year. The volume sold in the U.S. was affected by the price increase implemented by Crown that reached the final consumer at the end of the second quarter; thus, the volume in the third quarter declined 0.8%. It is worth noting that as a consequence of the startup of Crown Imports operations, sales volume in the U.S. as of 2007 reflects the sale of the importer to distributors, while the volume figures ... More Info

Vietnam: SABMiller to install new brewery line soon

Graham Mackay, Chief Executive Officer of SABMiller Group, while appreciating Vietnam’s business environment with fast economic growth in the meeting last week, said the company would install a new production line in the end of this year at SABMiller Vietnam in Binh Duong’s My Phuoc Industrial Park and will choose a sole distributor in Vietnam, The Saigon Times published October 23.

He added that besides Zorok beer, which is the first beer product of SABMiller Vietnam, the brewery would market several other brands, including Redd’s, a new beverage for women.

SABMiller is the second largest brewing group in the world and has operations in over 60 countries with more than 200 different beer brands worldwide.

Australia: Is Foster's about to sell Melbourne historic brewery?

The details are hidden in a document titled Foster's Sustainability Report, but two facts about the nation's flagship brewer are clear, according to The Age, October 24.

The first is that very soon — quite possibly by Christmas — the historic Melbourne-based company will brew more beer in Queensland than it does in Victoria. The second is that the capacity and efficiency constraints that closed the historic Kent brewery in Sydney's CBD could compromise Melbourne's famous old Abbotsford brewery.

The latest figures from Foster's Group show that Abbotsford and Yatala, the company's high-tech brewery in Brisbane, both produce 430 million litres of beer a year.

Since the closure of the Kent brewery, Yatala has begun supplying Sydney.

"It's a scale issue," said Foster's spokesman Troy Hey. "Yatala's production has been ramped up a number of times over the past five years, to the point where it now matches Abbotsford. The potential for expansion of production at Yatala is enormous.

"There is the land to build on, which we just don't have at Abbotsford."

Hey confirmed that Yatala's production will surpass Abbotsford's — it will soon increase production further to meet Christmas demand.

"Looking at the growth figures, you'd say that is going to happen," he said. "I ... More Info

UK: Scottish & Newcastle says BBH agreement breached

Carlsberg A/S confirms that it has received a letter from Scottish & Newcastle plc and Oy Hartwall Ab alleging breaches of the Shareholders Agreement between Oy Hartwall Ab and Pripps Ringnes Ab, which governs the parties' joint venture Baltic Beverages Holding Ab, in a company’s press release, October 23. Carlsberg believes the claims made have no merit.

Brewer Scottish & Newcastle said on its joint venture partner Carlsberg had breached the agreement over their 50/50 BBH venture, in response to a potential break-up bid approach by the Danish firm and Heineken, Reuters reported October 23.

The Russia-based brewer Baltic Beverages Holding (BBH) is seen as the jewel in Scottish & Newcastle's crown, as it controls over 85 percent of Baltika the biggest brewer in the world's third largest beer market, Russia, and provides around one third of Scottish & Newcastle and Carlsberg's group earnings.

The move by Scottish & Newcastle follows an announcement by Carlsberg and Heineken last week that they might make a joint bid for the British brewer, with Carlsberg intending to acquire Scottish & Newcastle's interest in BBH and its activities in France and Greece.

"The board believes that the actions of Carlsberg constitute initiation of the voluntary termination provisions of ... More Info

Japan: Japanese brewers outlook stable despite profitability pressures

Moody's (Nachrichten) Investors Services said demand in the Japanese brewery industry has stagnated and production is decreasing annually, but its rating outlook for the industry for next 12 months is as a whole stable, Thomson Financial News Limited reported October 23.

Moody's said cash flow in the industry remains generally stable, as four rated companies -- Kirin Holdings, Suntory, Asahi Breweries and Sapporo Holdings -- control their capital expenditures and continue to restructure, concentrating management resources on core businesses to increase operating margins.

The ratings agency said leverage has also improved due to the streamlining and restructuring of domestic manufacturing facilities.

However, competition to develop and market new products keeps growing. Product life cycles are getting shorter and material costs are rising -- rises that the beer makers have been forced to accept, but cannot pass on to the consumer, Moody's said.

The ratings agency said in the near-term, the brewery companies' biggest challenge may be expanding and managing investments overseas to raise revenue and strengthen profitability.

Brazil &Russia & India & China: Beer consumption booming in ‘BRIC’ countries

In the rapidly developing BRIC countries (Brazil, Russia, India and China), consumption of beer is outpacing that for alcoholic drinks overall, Canadean has recently reported.

According to a series of new reports from leading beverage industry analysts Canadean, the huge populations and thriving economies of Brazil, Russia, India and China have helped Beer to grow dynamically in recent years. Indeed, between 2002 and 2007, total consumption across the four countries increased by almost 50%!

Furthermore, the potential of the BRIC countries is huge. China and India are tipped to become the leading global suppliers of manufactured goods while Brazil and Russia are expected to assume a similar status in raw materials. With this natural fit, there is every reason to expect that the BRIC countries will become strong future trading partners. Although a formal alliance has yet to be forged, political co-operation between the nations is already increasing.

Brazil

Brazil is the world’s fifth largest country and accounts for around 40% of all Beer consumed in South America. It is also the fourth biggest global producer of Beer with an industry employing some 429,000 people. Last year, volumes rose by almost 8%. Increasing consumer confidence and disposable incomes played a part but ... More Info

China & India: Carlsberg and Heineken interested in S&N India and China operations

Carlsberg and Heineken intend to jointly acquire Scottish & Newcastle PLC (S&N), the second biggest shareholder of Chongqing Brewery Co., Ltd., according to an announcement by Chongqing Brewery, SinoCast reported October 23.

But the announcement also showed that the deal has not been reached, as well as the bid price. Impressively, the buyers have not contacted with S&N and the price they offered is unsolicited and unwelcome for the latter.

However, the intended acquisition is a sign of Carlsberg's expansion in the Southwest China. Previously, the company bought 100% in Dali Beer, 50% in Lhasa beer, and 50% in Kunming Huashi Beer, respectively. If the deal is reached, the company will indirectly hold some stakes in Chongqing Brewery.

Carlsberg might be the best larger beer brewery around the world since 1847. Its market covers more than 140 countries globally, mainly in Western Europe, Eastern Europe and Asia.

Heineken is interested in the Indian activities of Scottish & Newcastle, a newspaper reported according to Reuters, October 23.

Citing a source connected to the planned takeover, Dutch daily Het Financieele Dagblad said Heineken wanted S&N's activities in India where it has a stake of 37.5 percent in United Breweries, although the firm's other major ... More Info

Barley News
Denmark & Finland & Sweden: The barley market is to go higher for the deliveries after January 2008

The market is clearly splitting up in two: somewhat weaker on October- December 2007 and with a “step” not below 7 €/ton for deliveries after January, according to H. Abildstrøm & Co ApS, October 16.

The slide began on/after the Antwerp exchange 5th October and was triggered by UK sellers who absolutely needed space in the port silos. When trading houses on the continent became aware of this and saw the “black Monday” on wheat the 8th October, quite a lot of “paper barley” came to the market and made Danish/Swedish look equally weaker. Although wheat recovered partly and some early vessels turned up in the South of England the weaker price structure lingers on. Main reason: most maltsters are well covered till January and longer.

“We are given to understand this picture is recognized in UK, France, Germany and Poland.”
In Sweden the situation is not so tight due to surprisingly good yields (and increased area) and
I suspect the Swedish grain merchants could have more for sale. In Finland everything is new, as old domestic pricing-systems with the Finnish Industries are falling apart, and influence from EU and Russian/Baltic markets is increasing. Expecting farmers and merchants to return to the market as ... More Info

Canada: Barley exports to increase to 2.0 Mt in 2006-2007

Canadian barley exports are forecast to increase to 2.7 Mt from 2.0 Mt in 2006-2007, according to Agriculture and Agri-Food Canada, October 12. Of this total, feed barley exports are expected to increase to 0.9 Mt, up from 0.2 Mt last year with Japan and Saudi Arabia as the major markets Feed barley exports will be constrained by ocean freight rates which have reached record high levels and the strength of the Canadian Dollar continues to depress domestic barley prices. The barley market will be impacted by increased production in Australia, western Canada and the volume of US corn that will be imported into western Canada. Carry-out stocks are forecast to decline again this year, to about 1.4 Mt.

Major Canadian export markets:

Japan

Japan is the world’s second largest feed barley importer, and Canada’s major market. Barley is a unique feed ingredient for cattle in Japan, as it produces beef with a firm, white marbling of fat preferred by consumers. Feed barley therefore accounts for about 80% of total barley demand, and is supplied mostly through imports. A small amount of barley is produced in Japan, subsidized to advance the government’s self-sufficiency goal (largely through the rice crop diversion program). Domestically ... More Info

Australia: GrainCorp barley pools open for 2007/08

GrainCorp has opened its barley pools for the 2007/08 harvest, with a barley pool operating in South Australia for the first time following the deregulation of the SA barley industry, Farm Online reported October 23.

Along with that, there will be GrainCorp pools in all states as the company seeks to increase its share of the grain marketing trade.

In Western Australia, GrainCorp has licences to export malting and feed barley and the company is hoping its pools will play a major role in accumulation of cargo for these opportunities.

He said that the domestic market would be a major focus for GrainCorp, given the likely shortfalls in feed grain across the east coast.

"Given the season, we will again focus on opportunities in the domestic market as well as the recently deregulated container trade, particularly in Asian markets," Mr Varley said.

Scientific Digest
Phenological Development of Spring Barley in a Short-Season Growing Area

Submitted by A. Toivola, P. Varjú and J. Torrent on behalf of the Analysis Committee of the European Brewery Convention

Abstract:
Methods for the determination of alcohol in low and non alcohol beers by gas chromatography with flame ionization detection (GC-FID), near infra red spectroscopy (NIR) and catalytic combustion (CC) were collaboratively tested by the Analysis Committee of the European Brewery Convention according to ISO Standard 5725 in order to determine their suitability for publication in Analytica-EBC. Accuracy, repeatability (r95) and reproducibility (R95) values are presented. The GC-FID method was found to have better within and between laboratory precision than the other two methods for the determination of alcohol in the non alcohol (0,007- 0,08 % V/V) beers and comparable precision for the low alcohol (0,37-0,81 % V/V) beers. Over the whole range 0,007 to 0,81 % V/V of alcohol, repeatability (r95) was found to be dependent on the mean value and was 0,096 m % V/V whereas reproducibility (R95) was found to be independent of the mean value and was 0,090 % V/V. The gas chromatographic method is recommended for inclusion in Analytica-EBC as the reference method for the determination of alcohol in non and low alcohol (<1,0 % V/V) beer samples. The NIR and CC methods have acceptable within and between laboratory precision figures for the determination of alcohol in the low alcohol beers. For the NIR method, repeatability (r95) and reproducibility (R95) were found to be independent of the mean value and were 0,022 % V/V and 0,103 % V/V respectively over the range of alcohol tested (0,007-0,81 % V/V). The method is recommended for inclusion in Analytica-EBC for the determination of alcohol in low alcohol beer samples (>0,37 % V/V). For the CC method, both repeatability (r95) and the reproducibility (R95) were found to be independent of the mean and were 0,016 % V/V and 0,087 % V/V respectively over the range of alcohol tested (0,007-0,81 % V/V). The method is recommended for inclusion in Analytica-EBC for the determination of alcohol in low alcohol (>0,37 % V/V) beer samples.
... Load full article, 10 pages, 317 Kb, PDF file



Advertisement: TAU Competence

Malting barley prices. French barley prices.
Nominal prices.

EURO = USD 1.4214 October 24, 2007 
 Crop year   2007   2008 
 Parity   FOB Creil   FOB Creil 
 Position   July 2007   July 2008 
Type   Variety  EURO  USD  EURO  USD 
2RS  Scarlett  322.00  458.00  285.00  405.50 
2RS  Prestige  321.00  456.50  284.00  404.00 
2RS  Cellar  320.00  455.00  283.00  402.50 
2RS  Sebastien  319.00  453.50  282.00  401.00 
2RS  Astoria  319.00  453.50  282.00  401.00 
2RS  Cork   319.00  453.50  282.00  401.00 
6RW  Esterel   291.00  414.00  242.00  344.00 

Prices for Danish malting barley are available on site www.e-malt.com/MarketPrices
Theoretical malt prices.
  EURO = USD 1.4214 October 24, 2007 
Crop year  2007 
Parity  FOB Antwerp 
Position  Oct 2007-Sept 2008 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO  USD  EURO  USD  EURO  USD  EURO  USD 
2RS  Scarlett  559.50  795.00  582.50  827.50  576.00  818.50  586.50  833.50 
2RS  Prestige  558.50  793.50  581.00  825.50  574.50  817.00  585.50  832.00 
2RS  Cellar  557.00  791.50  579.50  824.00  573.50  815.00  584.00  830.00 
2RS  Sebastien  555.50  790.00  578.50  822.50  572.50  813.50  583.00  828.50 
2RS  Astoria  555.50  790.00  578.50  822.50  572.50  813.50  583.00  828.50 
2RS  Cork   555.50  790.00  578.50  822.50  572.50  813.50  583.00  828.50 
2RS   Average price  557.00  791.50  579.50  824.00  573.50  815.00  584.00  830.00 
6RW  Esterel   520.50  741.00  544.00  773.50  538.00  764.50  548.50  779.50 
*  Asia Malt 70/30  546.50  776.50  569.00  808.50  563.00  800.00  573.50  815.00 
**  Asia Malt 50/50  539.00  766.50  562.00  798.50  555.50  789.50  566.50  804.50 


  EURO = USD 1.4214 October 24, 2007 
Crop year  2008 
Parity  FOB Antwerp 
Position  Oct 2008-Sept 2009 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO  USD  EURO  USD  EURO  USD  EURO  USD 
2RS  Scarlett  511.00  726.00  533.50  758.50  527.50  749.50  538.00  764.50 
2RS  Prestige  509.50  724.50  532.50  756.50  526.50  748.00  537.00  763.00 
2RS  Cellar  508.50  722.50  531.50  755.00  525.00  746.00  535.50  761.00 
2RS  Sebastien  507.50  721.00  530.00  753.50  523.50  744.50  534.50  759.50 
2RS  Astoria  507.50  721.00  530.00  753.50  523.50  744.50  534.50  759.50 
2RS  Cork   507.50  721.00  530.00  753.50  523.50  744.50  534.50  759.50 
2RS   Average price  508.50  722.50  531.50  755.00  525.00  746.00  535.50  761.00 
6RW  Esterel   457.00  651.00  481.00  683.50  474.50  674.50  485.00  689.50 
*  Asia Malt 70/30  493.50  701.00  516.00  733.50  510.00  724.50  520.50  739.50 
**  Asia Malt 50/50  483.50  687.00  506.00  719.00  500.00  710.50  510.50  725.50 

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
USA Barley Supply and Distribution

MY June/May, TY Oct/Sept 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08f
Area harvested,
thousand ha		 1,669 1,913 1,627 1,323 1,194 1,420
Yield,
t/ha		 3.0 3.0 4.0 3.0 3.0 3.0
Production,
thousand metric t		 4,940 6,059 6,091 4,613 3,920 4,612
Imports / Mkt Year,
thousand metric t		 402 449 264 117 264 327
Imports / Trade Year,
thousand metric t		 282 497 157 124 300 300
Exports / Mkt Year,
thousand metric t		 659 409 506 605 441 544
Exports / Trade Year,
thousand metric t		 552 384 771 357 500 500
Feed Dom. Cons.,
thousand metric t		 1,819 1,617 2,238 1,133 1,089 1,306
Domestic Cons.,
thousand metric t		 5,179 4,990 5,672 4,571 4,464 4,682
Ending Stocks,
thousand metric t		 1,510 2,619 2,796 2,350 1,589 1,213
Source: USDA, October 2007, *f - forecast
Newsletter SummaryTop

Graph of the week


These Days in Business History
October 22
1897 World's 1st car dealer opens in London
1979 Walt Disney World's 100-millionth guest
1997 Yahoo completes purchase of Four11

October 23
1814 1st plastic surgery is performed (England)
1824 1st steam locomotive is introduced

October 24
1836 A. Phillips patents the match
1857 World's 1st football club, Sheffield FC, founded in England
Agenda
October 2007:
Newport International Oktoberfest, USA.
World Beer Festival Durham , USA
Diksmuide Beer Festival Belgium
Grain Market Outlook Conference & Cereals Industry Forum Conference 2007 , UK
Great American Beer Festival
Tasting Australia
Belgian beer and chocolat festival
Diksmuide Beer Festival Belgium
Distillers Grains Quality & Utilization Short Course
U.S. Drinks Conference 2007 UK
Ullapool Beer Festival Scotland
"Oktoberfest 2007" , 3 EDITION MONTE-CARLO
San Diego Wet Hop Festival
International Craft Beer Festival Mexico
PINT Bokbierfestival The Netherlands
2007 Master Brewers Association of the Americas Convention
Festival of Very Special Beers Belgium


November 2007:
14th Great International Beer Festival USA
The International Hop Growers' Convention (IHGC) Meetings, Germany
International convention for the drink technology and PET industry, India

December 2007:
International Grains Council - 26th Session - Tokyo
Christmas Beer Festival Belgium

April 2008:
Craft Brewers Conference World Beer Cup Awards

More events are available on site e-malt.com

Copyright © E-Malt s.a. 2007