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Base Currency: Euro, EUR
on 12-December-2007
1 EUR = 1.4708 USD
1 EUR = 0.719 GBP
1 EUR = 1.4831 CAD
1 EUR = 1.6599 AUD
1 EUR = 164.414 JPY
1 EUR = 2.5941 BRL
1 EUR = 35.9497 RUB
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Base Currency: US Dollar
on 12-December-2007
1 USD = 0.6799 EUR
1 USD = 0.4888 GBP
1 USD = 1.0084 CAD
1 USD = 1.1285 AUD
1 USD = 111.784 JPY
1 USD = 1.7638 BRL
1 USD = 24.4423 RUB
1 USD = 7.391 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.
UK: SABMiller’s UK sales boosted driven by higher consumer preference for premium beers
...Click here
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Romania: Beer consumption may exceed this year's record highs in 2008
...Click here
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India: SABMiller wins $500-million US case, may bring Miller brand to India
...Click here
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UK: Carlsberg, Heineken have a month for formal S&N bid
...Click here
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Denmark & Laos: Carlsberg to expand its business in Laos
...Click here
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Vietnam: Country’s two biggest breweries to be equalized next year
...Click here
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Australia: Malting barley prices forecasted to rise to AU$346 a tonne in 2007/08
...Click here
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Netherlands: SABMiller and Grolsch to request memorandum approval in the takeover deal
...More Info
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Canada: Fort Garry Brewing brewed gluten-free beer
...More Info
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Germany: German breweries produce kosher and alcohol-free beers for Jews, Muslims
...More Info
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Belgium: InBev shares fall on talk of 4 million company’s shares placing by JPMorgan
...More Info
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Australia: Lion Nathan gains regulatory clearance to buy J Boag & Son
...More Info
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USA: Starr Hill Brewery enters distribution agreement with Anheuser-Busch
...More Info
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New Zeeland: Mainzeal wins construction contract for Lion Nathan’s AU$250 million brewery
...More Info
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Canada: Sleeman Breweries appoints new president and chief operating officer from Japan
...More Info
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Ukraine: January-November 2007 barley sales averaged UAH883.5 per MT, up 85.5% against 2006 similar
...More Info
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UK: SABMiller’s UK sales boosted driven by higher consumer preference for premium beers
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SABMiller plc, one of the world’s leading brewers, announces that its UK sales are rising strongly, driven by an emerging consumer preference for more
...More Info
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China: Kingway Brewery may suffer loss in 2007
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Kingway Brewery Holdings Limited will be likely to suffer a loss for the full year 2007, the Hong Kong-listed company recently forecasted, according to
...More Info
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Romania: Beer consumption may exceed this year's record highs in 2008
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The beer market is likely to exceed 1.4bn euros next year, although major brewers are not counting on two-digit growth rates in 2008, after
...More Info
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India: SABMiller wins $500-million US case, may bring Miller brand to India
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SABMiller has successfully wrapped up a legal battle in the US that prevented rolling out of flagship Miller beer in India, The Economic Times
...More Info
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UK: Carlsberg, Heineken have a month for formal S&N bid
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Following recent representations made by the advisers for S&N, the Panel Executive has been considering the application of Rule 2.4(b) of the Code to
...More Info
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Denmark & Laos: Carlsberg to expand its business in Laos
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Carlsberg has strengthened its position in the beverage market in Laos following the completion of the acquisition of 70% of the shares in Lao Soft Drink Co Ltd. – the bottler of Pepsi in Laos, according to brewer’s press release, December 17. The remaining 30% of the shares are held by the Government of Laos. Holding a 90% market share the company is a major player in the soft drinks market in Laos with brands such as 7-Up and Mirinda.
The production facility is located in the capital Vientiane, and has 290 employees and a capacity of approx. 400,000 hl.
Henrik Juel Andersen, Managing Director of Carlsberg Indochina said: “We believe in the brands and in the Company’s management. It is a very professionally run operation in every aspect, the factory is of international standard, and produces high quality products. Carlsberg is excited about the opportunity to further strengthen the operation in close cooperation with the Government and the Company’s management”. Carlsberg and the Government are already co-operating via the 50/50 joint venture, Lao Beer Co. Ltd. producing the famous Beer Lao, the leading beer brand in Laos.
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Vietnam: Country’s two biggest breweries to be equalized next year
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Vietnam's two breweries will complete their equalization plans and then make initial public offerings (IPOs) in the first quarter of next year, local newspaper Vietnam Investment Review reported, according to Xinhua, December 17.
The Saigon Brewery Corporation (Sabeco) would not choose a foreign strategic partner for its IPO, but the Hanoi Brewery Corporation (Habeco) would, said deputy minister of Industry and Trade Bui Xuan Khu.
He said Carlsberg was chosen as Habeco's foreign strategic investor, and would come in for a 10-percent stake in the northern beer maker. Meanwhile, Sabeco will sell off 20 percent of its chartered capital at its IPO.
Sabeco, Vietnam's biggest brewery, has a chartered capital of 6.4 trillion Vietnamese dong (VND) (400 million U.S. dollars), and Habeco 2.3 trillion VND (nearly 143.8 million dollars). This year, Sabeco is estimated to make total revenues of over eight trillion VND (500 million dollars), and Habeco nearly 2.5 trillion VND (some 156 million dollars).
Vietnam is estimated to consume over two billion liters of beer and alcohol in 2010, up from 1.7 billion liters in 2007, the newspaper said.
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Australia: Malting barley prices forecasted to rise to AU$346 a tonne in 2007/08
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Australian malting barley prices are forecast to rise to AU$346 a tonne from AU$328 in 2006/07 and AU$202 in 2005/06, ABARE reported December 19.
"However,
...More Info
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The process of vertical coordination and its consequences
within the beer commodity chain
Vertikalni koordinace a jeji projevy v komoditní vertikale piva
E. VESELSKA Mendel University of Agriculture and Forestry, Brno, Czech Republic
Abstract
The paper aims to identify the potential benefits from vertical
coordination within the selected commodity chain. The problem is
applied to the beer commodity chain because of its high importance
in the Czech agri business and foreign trade. On the basis of the
vertical analysis of the chosen commodity chain, a mathematic model
of consumer price simulation is created and the existence of
vertical coordination is verified in the analysed commodity chain. This model assumesthat input price increases are transmitted to consumers. The retail prices of beer a resimulated by holding technology and input-output relationships constant, while production as well as marketing costs change according to the changes in input prices. The simulated retail price is then compared with the actual retail price to indicate productivity gains resulting from vertical coordination passed on to consumers. The result sof the Model of Retail Price Simulation showt hat Czech brewery industry was in the observed period (1994–2002) vertically coordinated.
Key words: retail price simulation, vertical coordination, agri-food chain and beer
...
Load full article, 8 pages, 317 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
Canada: Barley Supply and Disposition as of December 12, 2007
Source: HGCA
December 17
1964 Largest newspaper-Sunday NY Times at 946 pages
1770 Ludwig Von Beethoven, composer is born in Bonn, Germany
1895 George Brownell patents a machine to make paper twine (Mass)
1924 1st U.S. diesel electric locomotive enters service, Bronx, New York
December 18
1796 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1897 Fernand J Collin is born, Belgian economist/banker
1991 General Motors announces closing of 21 plants
December 19
1997 Masaru Ibuka co-founder Sony Corporation, dies at 89
1795 1st state appropriation of money for road building, Kentucky
1989 American Airlines purchases Eastern Airline's Latin American route
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