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Base Currency: Euro, EUR on 21-November-2007
1 EUR = 1.4724 USD
1 EUR = 0.7159 GBP
1 EUR = 1.4469 CAD
1 EUR = 1.663 AUD
1 EUR = 162.01 JPY
1 EUR = 2.597 BRL
1 EUR = 35.9287 RUB
1 EUR = 10.9467 CNY
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Base Currency: US Dollar on 21-November-2007
1 USD = 0.6792 EUR
1 USD = 0.4863 GBP
1 USD = 0.9827 CAD
1 USD = 1.1294 AUD
1 USD = 110.037 JPY
1 USD = 1.7638 BRL
1 USD = 24.4018 RUB
1 USD = 7.4347 CNY
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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.
Netherlands & UK: SABMiller to buy Grolsch for €816 million
...Click here
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China: China Resources Enterprise 3rd quarter 2007 profit up 21% on booming premium beer brand
...Click here
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Australia: Lion Nathan to build new $A215 million brewery
...Click here
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Canada & Mexico: Grupo Modelo expanding in Canadian market through joint venture with Molson Coors
...Click here
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Malaysia: Carlsberg Malaysia's 3rd quarter 2007 net profit up slightly aided by restructuring benefits
...Click here
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Europe: 2007-08 forecasts for malt export licence fixations higher than last year
...Click here
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Australia: Graincorp closed its new-season barley pool to protect it from failing international markets
...Click here
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Ukraine: Major delays are anticipated before barley export shipment will commence
...Click here
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Denmark & Netherlands: Carlsberg and Heineken said S&N trading update brings no surprises
...More Info
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UK: Five reasons British beer sales have slumped
...More Info
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USA: SABMiller and Molson Coors receive request for additional information Antitrust Division of the U.S. Department of Justice in connection with proposed joint venture
...More Info
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USA: Anheuser-Busch to increase TV advertising spending by $100 million for core beer brands
...More Info
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UK: Scottish & Newcastle announces 3rd quarter 2007 trading update
...More Info
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Europe: Analysts worried Heineken's bid for Scottish & Newcastle may cause its shares shrink
...More Info
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Tanzania: Tanzania Breweries profit rise 12% in April-September 2007
...More Info
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Ukraine: January-October 2007 barley sales averaged UAH880.5 per MT, up 85.9% y/y
...More Info
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Netherlands & UK: SABMiller to buy Grolsch for €816 million
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SABMiller Plc, the world's third- largest brewer, agreed to buy Royal Grolsch NV for 816 million euros ($1.2 billion), according to SABMiller’s press release,
...More Info
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China: China Resources Enterprise 3rd quarter 2007 profit up 21% on booming premium beer brand
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China Resources Enterprise Ltd, the country's largest brewer of beer, posted a 21 percent rise in third-quarter profit thanks to strong retail and beverage
...More Info
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Australia: Lion Nathan to build new $A215 million brewery
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Lion Nathan has chosen a site in the industrial suburb of East Tamaki for its new $NZ250 million ($A214.92 million) Auckland brewery, The Sidney
...More Info
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Switzerland: Beer sales up 2.5% in 2006-07
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Beer sales have increased 2.5% in 2006/2007, according to Swiss TXT, November 19. The per capita consumption has grown 0.7 liters up to 57.1
...More Info
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Canada & Mexico: Grupo Modelo expanding in Canadian market through joint venture with Molson Coors
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Top Mexican brewer Modelo, maker of the popular Corona beer, said it signed a deal with Molson Coors Brewing Co to expand a joint venture in Canada, according to Reuters, November 20.
Modelo said Molson Coors will import, distribute and sell Modelo's beers in all of Canada's provinces from January 2008. Currently, Molson Coors only sells Modelo brands in Ontario, Quebec and the Atlantic provinces of Canada.
Modelo is half owned by Anheuser Busch Cos Inc, the U.S. beer giant.
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Malaysia: Carlsberg Malaysia's 3rd quarter 2007 net profit up slightly aided by restructuring benefits
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Carlsberg Brewery Malaysia Bhd said third-quarter net profit improved marginally to 27 million ringgit from 24 million ringgit in the same period last year
...More Info
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Europe: 2007-08 forecasts for malt export licence fixations higher than last year
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EU malt export licence fixations of 616.000 tons during July 1 – October 30 run exactly at the pace of last year’s bookings, analysts
...More Info
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India: Barley prices surge on buoyant beer market
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India's barley prices have soared on growing demand from beer makers in India, besides higher export orders, analysts, traders and beermakers said, according to
...More Info
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Australia: Graincorp closed its new-season barley pool to protect it from failing international markets
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Graincorp's sudden closure of its new-season barley pool has sparked anger among growers who have not even had a chance to harvest yet, The Land reported November 21.
The decision to close the pool to protect it from falling international markets, is being held up by the pro-single desk lobby as a sign of things to come if the wheat market is deregulated.
The estimated returns from the 2007-08 No2 barley pool now being offered by GrainCorp is roughly $40/t below that of the No1 pool price, which closed last Friday before harvest had started in many areas of Victoria and South Australia.
In a special report to be published in The Land, NSW, on November 22, GrainCorp national barley pool manager, Adam Robinson, says it was decided to protect the equity of growers who had delivered, after the barley market fell by more than $50/tonne in three weeks.
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Ukraine: Major delays are anticipated before barley export shipment will commence
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UkrAgroConsult estimates the Ukrainian barley crop at 6.15 Mill. tons, analysts recently reported. The administration introduced a quota system for exports, which will allow
...More Info
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Determination of the high molecular weight ß-glucan content of malt wort by a spectrophotometric method - determination of the accuracy, repeatability and reproducibility
Submitted by F.J.M. Freijee on behalf of the Analysis Committee of the European Brewery Convention.
Abstract
A new spectrophotometric method for the determination of the soluble high molecular weight mixed
linkage (1,3)(1,4) ß-D glucan (ß-glucans) fraction present in malt was collaboratively tested by the
Analysis Committee of the European Brewery Convention
according to ISO Standard 5725-2 in order
to determine its suitability for publication
in Analytica-EBC. At the same time and by using the same
samples the fluorimetric method used
currently was also collaboratively tested. Accuracy,
repeatability r(95) and reproducibility R(95)
values are presented.
...
Load full article, 6 pages, 532 Kb, PDF file
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Prices for Danish malting barley are available on site
www.e-malt.com/MarketPrices
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
EU Malt Export Licence Fixations as of October 30, 2007
November 19
1493 Christopher Columbus discovers Puerto Rico, on his 2nd voyage
1893 1st newspaper color supplement (NY World)
1959 Ford cancels Edsel
November 20
1923 Garrett Morgan invents & patents traffic signal
1959 U.N. adopts Universal Declaration of Children's Rights
1984 McDonald's made its 50 billionth hamburger
November 21
1877 Tom Edison announces his "talking machine" invention (phonograph)
1930 1st commercial crossing of Pacific by plane (China Clipper)
1977 1st flight of Concorde, London to New York
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