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E-Malt.com Flash 01
January 01 - January 06, 2008
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Currency Rates
Base Currency: Euro, EUR
on 04-January-2008

1 EUR = 1.4726 USD
1 EUR = 0.7443 GBP
1 EUR = 1.4626 CAD
1 EUR = 1.6696 AUD
1 EUR = 161.09 JPY
1 EUR = 2.594 BRL
1 EUR = 36.0035 RUB
1 EUR = 10.7263 CNY
Base Currency: US Dollar
on 04-January-2008

1 USD = 0.6791 EUR
1 USD = 0.5055 GBP
1 USD = 0.9932 CAD
1 USD = 1.1337 AUD
1 USD = 109.396 JPY
1 USD = 1.7615 BRL
1 USD = 24.4491 RUB
1 USD = 7.284 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
January 04, 2008
Crop 2007 Crop 2008
2rs Barley €303.0-305.0 1.0% 2rs Barley €285.0-287.0 1.42%
6rw Barley €267.0-269.0 6rw Barley €250.0-252.0
2rs Malt €556.0-558.0 0.81% 2rs Malt €522.5-524.5 0.96%
6rw Malt €510.5-512.5 0.10% 6rw Malt €478.5-480.5

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 barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


Top Industry News

Belarus & Netherlands: Heineken acquires Syabar Brewing Company in Belarus ...Click here
Australia: San Miguel completes the sale of Australian brewery, J. Boag & Son, to Lion Nathan ...Click here
Japan: Beer and quasi-beer shipments to register a record low in '07 ...Click here
Canada: Mexico's Grupo Modelo and Molson form venture to import Modelo's beer into Canada ...Click here
Vietnam: Country’s largest brewery aims to raise $557m in IPO ...Click here
UK: The last quarter is expected to be 'the worst part of bad year' on beer sales ...Click here
Angola: New Nocal beer factory is due to begin production in June ...Click here
Canada: Grain handlers reject new barley program and plead for ending the CWB's marketing monopoly on the crop ...Click here




Australia: Coopers Brewery plans to increase its national market share focusing on the premium beer market ...More Info
Finland: Scottish & Newcastle could sell Finnish brewer Hartwall ...More Info
Mexican: Brewer Femsa raises Mexican beer prices in line with inflation rate ...More Info
Denmark: Carlsberg response to statement by Scottish & Newcastle plc ("S&N") regarding Swedish arbitration proceedings ...More Info
China: Yanjing Beer’s shares rose 6.95 percent ...More Info
Canada: Russell Breweries Inc. enters into a 3 year loan agreement ...More Info
Japan: The small brewery movement is young in Japan ...More Info
Netherlands: Scottish & Newcastle appoints new MD for S&N Pub Enterprises ...More Info
Go to our news database with more than 11956 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Belarus & Netherlands: Heineken acquires Syabar Brewing Company in Belarus
The Dutch beer giant, Heineken N.V., announced December 28th the acquisition of the Cypriot holding company of the Syabar Brewing Company, in Bobruysk, Mogilyov ...More Info

Australia: San Miguel completes the sale of Australian brewery, J. Boag & Son, to Lion Nathan

Southeast Asia's largest food and drinks group, San Miguel Corp., said it had signed a definitive agreement to sell its Tasmanian brewer J. Boag & Son Pty. Ltd. to Australian alcoholic beverage company Lion Nathan Ltd. for A$325 million ($286 million), Philippine Daily Inquirer posted on January 3rd.

San Miguel's sale of Boag to Australia's second-largest brewer, comes as it aims to push into heavy industry, such as power, mining, infrastructure and real estate, to drive growth after dominating the home market for beer, liquor, dairy products, processed food and poultry for decades.

J. Boag makes Australia’s second-largest selling premium beer under the flagship brand James Boag’s Premium Lager. Its annual sales revenue grew to A$92 million in 2006 from A$61 million in 1999 before San Miguel’s acquisition.

San Miguel’s sale of J. Boag followed its sale of Australian dairy and juice manufacturer National Foods Ltd. to Japanese conglomerate Kirin Holdings Co. for A$2.8 billion (P101.44 billion).

Kirin owns 19.9 percent of San Miguel and 46 percent of Lion Nathan.

San Miguel president and chief operating officer Ramon Ang said proceeds of the J. Boag sale could be used for San Miguel’s plans to enter new businesses.

San Miguel has said it plans to venture into ...More Info


Japan: Beer and quasi-beer shipments to register a record low in '07
Shipments of beer and quasi-beer beverages are expected to have renewed their record low again in 2007, due to weak demand reflecting a fall ...More Info

Canada: Mexico's Grupo Modelo and Molson form venture to import Modelo's beer into Canada

Molson Coors Brewing Co. and the largest Mexican brewer Grupo Modelo - owner of the Corona brand - have created a joint venture to import and sell Modelo's beer in Canada, The Canadian Press posted on January 3rd.

The 50-50 venture will be called Modelo Molson Imports L.P. and based in Toronto. Robert Armstrong, previously CEO for Modelo's office in Canada, will lead the new venture. Financial details about the establishment of Modelo Molson Imports LP were not disclosed Wednesday in a release.

As of 1 January 2008, the companies, through the 50/50 joint venture Modelo Molson Imports, will ship, distribute and market the Mexican firm's products throughout the country in a bid to boost respective sales.

Modelo, which owns the Corona brand, is Mexico's No. 1 brewer, controlling 63 percent of the Mexican market. It operates seven breweries there and distributes 13 brands, including Corona Extra, Modelo Especial, Victoria, Pacifico and Negra Modelo.

Molson's Canadian division, based in Montreal, already imports, distributes and markets Modelo brands in Ontario, Quebec and the Atlantic provinces.

The 50/50 joint venture will have its headquarters in Toronto and be led by Robert Armstrong, previously CEO for Modelo's office in Canada, called Canacermex.

Grupo Modelo, founded in 1925, ...More Info


Vietnam: Country’s largest brewery aims to raise $557m in IPO
Vietnam's largest brewer, state-owned, Saigon Beer Alcohol Beverage Corp (Sabeco), plans to raise at least $557 million from selling 20 percent of its shares ...More Info

UK: The last quarter is expected to be 'the worst part of bad year' on beer sales

The number of pints served in Britain's pubs and bars in the run-up to the busy festive period declined by almost 10% as chilly smokers, no longer allowed a cigarette inside a pub, cut short their drinking time or stayed at home, The Guardian posted on .

In the first winter since the UK-wide ban on smoking in public places was imposed in July, pub beer consumption for November fell 9.7% against the same period in 2006, according to industry figures.

Pub bosses expected the ban to hit hardest in winter but the November decline is by far the steepest since the restrictions were extended from Scotland into Wales and England last year. UK beer sales in August, the second month of the nationwide ban, were down just 2.5%.

The November figures followed falls of 8.2% and 7.7% for September and October respectively and appeared to hit every type of beer. "All categories fell - there was nowhere to hide," said Mark Brumby, an analyst at Blue Oar Securities. "Premium ale was down 6.9%, standard ale 9.6%, standard lager 10.4%, premium lager 8.3% and stout 10.6%."

He suggested that smaller, tenanted pubs and free houses were likely to be among the most exposed to ...More Info


Angola: New Nocal beer factory is due to begin production in June
A new beer factory called Nocal II, which has been under construction for the last four months in Bom Jesus, 59 kilometers from Luanda, ...More Info

Barley News

Canada: Grain handlers reject new barley program and plead for ending the CWB's marketing monopoly on the crop
Canadian grain handlers said on Thursday, January 3rd 2008, they will not participate in the Canadian Wheat Board's new barley pricing program and asked ...More Info
Scientific Digest

Determination of the Contents of A- and B-Starches in Barley using Low Angle Laser Light Scattering

IVAN BOHAČENKO(1), JOSEF CHMELÍK(2) and VRATISLAV PSOTA(3) (1)Food Research Institute Prague, Prague, Czech Republic; (2)Institute of Analytical Chemistry, Academy of Sciences of the Czech Republic, Brno, Czech Republic; (3)Research Institute of Brewing and Malting, Brno, Czech Republic

Abstract
BOHAČENKO I., CHMELÍK J., PSOTA V. (2006): Determination of the contents of A- and B-starches in barley using Low Angle Laser Light Scattering. Czech J. Food Sci., 24: 11–18. A method was proposed for the determination of the contents of A- and B-starches in barley and for the use in plant breeding stations and brewing/malting laboratories. A combination was used of classical methods (incl. crushing of barley kernels by a roll crusher, steeping in 0.02M HCl, repeated rubbing and filtering through the sieve of 0.08 mm), and novel pieces of know-how (treatment with β-glucanase and cellulase, alkalisation at pH = 10.0 and centrifugation of crude starch suspension through the layer of CsCl). In this way, barley starch of high purity was obtained at a very low loss, using Low Angle Laser Light Scattering for the determination of the size distribution of starch granules. The boundary of the particle size between the peaks of A-starch and B-starch (7 μm) was evaluated from the distribution curves, while the contents of A- and B-starches were calculated from the cumulative curves. As a whole, the method was internally validated and for its repeatability and uncertainty of measurement the stimates of standard deviation s = 1.56 and confidence interval L1,2 = x ± 1.9% were established, respectively. Taking into account the generally well known difficulties associated with the extraction of substances from biological materials, in this case the separation of starch from barley kernels, we believe that the proposed method will bring satisfactory results in practice. Keywords: barley; A-starch; B-starch; starch granules; Low Angle Laser Light Scattering
... Load full article, 8 pages, 193 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

The price of a Pint in UK
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


Source: USDA December 2007

These Days in Business History
January 1
1785 "Daily Universal Register" (Times of London) publishes 1st issue
1842 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1958 European Economic Community (Common Market) starts operation

January 2
1882 Because of anti-monopoly laws, Standard Oil is organized as a trust
1986 191.66 million shares traded in New York Stock Exchange
1905 Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey.
1980 With inflation raging, gold hits a record price of $850 per ounce.

January 3
1977 Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1911 US postal savings bank inaugurated
1957 1st electric watch introduced, Lancaster PA
1980 Gold hits record $634 an ounce

January 4
1960 European Free Trade Association forms in Stockholm
1962 1st automated (unmanned) subway train (New York City NY)
2001 Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever.

January 5
1769 Jean Baptiste Say, French economist is born
1828 1st edition of Amsterdam General Trade Journal (Algemeen Handelsblad)
1850 California Exchange opens

January 6
1978 1st postage stamp copyrighted by US (Carl Sandburg stamp)
1994 Dow-Jones hits record 3803.88
Agenda