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E-Malt.com Newsletter 44a
October 29 - October 31, 2007

"It is better to think of church in the ale house than to think of the ale house in church"
Martin Luther.

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Currency Rates

Base Currency: Euro, EUR
on 31-October-2007

1 EUR = 1.4411 USD
1 EUR = 0.6984 GBP
1 EUR = 1.3758 CAD
1 EUR = 1.5675 AUD
1 EUR = 165.234 JPY
1 EUR = 2.5319 BRL
1 EUR = 35.6131 RUB
1 EUR = 10.7823 CNY
Base Currency: US Dollar
on 31-October-2007

1 USD = 0.694 EUR
1 USD = 0.4847 GBP
1 USD = 0.9547 CAD
1 USD = 1.0877 AUD
1 USD = 114.665 JPY
1 USD = 1.7569 BRL
1 USD = 24.7125 RUB
1 USD = 7.482 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
October 31, 2007
Crop 2007 Crop 2008
2rs Barley €314.0-316.0 0.94% 2rs Barley €275.0-277.0 1.43%
6rw Barley €283.0-285.0 1.73% 6rw Barley €238.0-240.0 0.42%
2rs Malt €550.0-552.0 0.63% 2rs Malt €499.0-501.0 0.89%
6rw Malt €510.5-512.5 1.25% 6rw Malt €452.5-454.5 0.22%

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

Romania: Tuborg invests 60-90 mil euros to double capacity ...Click here
Mexico: FEMSA Q3 net profit up 10% ...Click here
Germany: Beer sales down in Q3 2007 because of poor weather ...Click here
China: Japan's Asahi, Kirin to boost beer output in China ...Click here
Taiwan: Taiwan Beer plans overseas expansion ...Click here
Mexico: Carlsberg to distribute Mexico's Modelo beers In Europe, Asia ...Click here
UK: Scottish & Newcastle plots buy-in of BBH ...Click here
Japan: Kirin to raise beer prices for first time in 17 years ...Click here
USA: Barley prices retreat slightly from record highs ...Click here
Australia: Barley harvest prediction cut due to drought ...Click here
World: Hops shortage may mean higher beer prices worldwide ...Click here




South Africa: Amstel Lager is back! ...More Info
Belarus: Belarus posts per capita beer consumption at 46 litres ...More Info
USA: Miller will continue to produce Samuel Adams ...More Info
Czech Republic: Czechs will brew “silver beer” ...More Info
South Africa: Will SABMiller intervene in Scottish & Newcastle deal? ...More Info
India: Cobra beer sees high sales growth on India ...More Info
USA: Boston Beer appoints new Company Director ...More Info
USA: Miller, Coors gain share in convenience stores, A-B decline continues ...More Info
Canada: L'Association des brasseurs du Québec appoints new CEO ...More Info
Canada: Russell Breweries announces a 46.7% increase in 2007 net revenues ...More Info
Singapore: Singapore Art Museum receives SGD2.25 million from Asia Pacific Breweries Foundation in a 15-year partnership ...More Info
UK: Pubs accused of football price rises ...More Info
Denmark: Properties may provide Carlsberg with 1 billion EUR fast money ...More Info
Go to our news database with more than 11616 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Romania: Tuborg invests 60-90 mil euros to double capacity
United Romanian Breweries Bereprod (URBB), the bottler of Tuborg and Carlsberg beer brands on the Romanian market, is expected to make investments worth between ...More Info

Mexico: FEMSA Q3 net profit up 10%
Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) announced its operational and financial results for the third quarter of 2007, in a press release, October ...More Info

Germany: Beer sales down in Q3 2007 because of poor weather
German beer sales dropped in the third quarter of 2007, after poor summer weather, official figures from the Federal Statistics Office suggest, according to ...More Info

China: Japan's Asahi, Kirin to boost beer output in China
Asahi Breweries Ltd and Kirin Holdings Co Inc will both expand their beer output in China in order to take advantage of the rapidly ...More Info

Taiwan: Taiwan Beer plans overseas expansion
The Taiwan Tobacco and Liquor Corp. plans to sell its star product, Taiwan Beer, to the U.S. and Canadian markets and will set up ...More Info

Mexico: Carlsberg to distribute Mexico's Modelo beers In Europe, Asia
Mexican beer maker Grupo Modelo SAB said that Danish brewer Carlsberg AS will distribute several Modelo brands in a number of European and Asian ...More Info

UK: Scottish & Newcastle plots buy-in of BBH

Scottish & Newcastle is plotting to fund a solo bid for Carlsberg's stake in the two companies' Russian joint venture through a massive rights issue, The Telegraph published October 29. Under the plan, the British brewer would also borrow against the future cashflow of the venture.

The audacious proposal is among a number of options being studied by the board of S&N as a way of fending off an unsolicited takeover bid from rivals Carlsberg and Heineken. The duo last week tabled a 720p-a-share bid, valuing S&N at £6.8bn. The offer was immediately rejected by the board, with chairman Sir Brian Stewart describing it as "derisory". The board of S&N has discussed various funding options to buy Baltic Beverages Holding

When news of Carlsberg and Heineken's intentions first broke, S&N considered joining forces with other global brewers that could provide the financial muscle needed to gain control of Carlsberg's share of the venture – Baltic Beverages Holding (BBH) – which could cost up to £4.5bn.

SABMiller, which produces its eponymous Lite, and Budweiser brewer Anheuser-Busch are both understood to be watching the situation closely.

But the S&N board is now considering how it could seize control of BBH without compromising its independence. There is ...More Info


Japan: Kirin to raise beer prices for first time in 17 years
Kirin Holdings Co., Japan's biggest brewer, will raise beer prices for the first time in 17 years to cover the higher cost of brewing ...More Info

Barley News

USA: Barley prices retreat slightly from record highs
With lessening export demand, barley prices pulled back from their record high prices set in early October, according to Farm & Ranch Guide, October ...More Info

Australia: Barley harvest prediction cut due to drought
As seasonal conditions deteriorated over the critical September–October period, with little or no worthwhile rain and continued above average temperatures, the forecast size of ...More Info

Hops News

World: Hops shortage may mean higher beer prices worldwide
Small brewers from Australia to the U.S. face the daunting prospect of tweaking their recipes or experimenting less with new brews thanks to a ...More Info
Scientific Digest

Determination of Fumonisins B1 and B2 in Beer

Authors
LUBOMÍR DAŠKO, DRAHOMÍRA RAUOVÁ, ELENA BELAJOVÁ and MILAN KOVÁC Food Research Institute, Bratislava, Slovak Republic

Abstract
The aim of this study was to investigate the contamination of beer of Slovak origin with fumonisins. A suitable analytical procedure was suggested – the limit of detection at the level close to 1 µg/l was achieved for both fumonisins B1 and B2. The recovery was determined at 93% for fumonisin B1 and at 78% for fumonisin B2. Fluorescence detection was used after derivatisation with a mixture of o-phthaldialdehyde and 2-mercaptoethanol. Phosphate buffer usually applied resulted in a poor separation of derivatised fumonisins. Peak splitting was observed depending on the pH of the eluent. The pH value of 2.6 was found suitable for the peak splitting elimination. A convenient gradient elution metod was suggested avoiding the possible interference in fumonisin contents determination. For the preparation of samples, immunoaffinity cleaning procedure was applied. Beer samples from all domestic producers were analysed. The content of fumonisins determined was under the limit of detection in all cases. All the beers tested were produced from the barley grown in 2003. Keywords: beer; fumonisin B1; fumonisin B2; immunoaffinity clean-up; HPLC
... Load full article, 10 pages, 118 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

Canada: Barley Supply and Disposition as of October 12, 2007
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


These Days in Business History
October 29
1947 Belgium, Luxembourg and Netherland form Benelux Union
1952 Sweden begins experimental TV

October 30
1894 Daniel Cooper patents time clock
1989 Mitsubishi Estate Co. agrees to pay $846 million for 51% of Rockefeller Center in New York City; by 1996, the Mitsubishi affiliate is so financially troubled that it sells Rockefeller Center for less than $400 million
1987 August A Busch III becomes CEO of St Louis Cards

October 31
1904 King Camp Gillette patents the safety blade and razor.
1938 Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980.
1952 TV broadcasting begins in Belgium
Agenda