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E-Malt.com Flash 03b
January 17 - January 20, 2008
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"The roots and herbs beaten and put into new ale or beer and daily drunk, cleareth, strengthen and quicken the sight of the eyes."
Nicholas Culpeper

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Currency Rates
Base Currency: Euro, EUR
on 18-January-2008

1 EUR = 1.4661 USD
1 EUR = 0.7456 GBP
1 EUR = 1.5016 CAD
1 EUR = 1.6627 AUD
1 EUR = 157.238 JPY
1 EUR = 2.6003 BRL
1 EUR = 35.8929 RUB
1 EUR = 10.6413 CNY
Base Currency: US Dollar
on 18-January-2008

1 USD = 0.6821 EUR
1 USD = 0.5085 GBP
1 USD = 1.0242 CAD
1 USD = 1.1341 AUD
1 USD = 107.26 JPY
1 USD = 1.7736 BRL
1 USD = 24.4819 RUB
1 USD = 7.2583 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
January 18, 2008
Crop 2007 Crop 2008
2rs Barley €315.0-317.0 1.28% 2rs Barley €295.0-297.0 0.68%
6rw Barley €280.0-282.0 1.44% 6rw Barley €255.0-257.0
2rs Malt €574.5-576.5 0.88% 2rs Malt €538.5-540.5 0.37%
6rw Malt €530.5-532.5 0.95% 6rw Malt €488.5-490.5

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

UK: SABMiller sees Q3 2007 organic volume growth slow to 4% ...Click here
Japan: Beer, quasi-beer shipments hit record low in 2007 ...Click here
Ukraine: Obolon strengthens positions on the beer market ...Click here
India: Cobra Beer acquires its first brewery in India ...Click here
UK: Scottish & Newcastle opens talks as Carlsberg and Heineken agree to meet 800p demand ...Click here
Russia: SABMiller offices searched in tax Inquiry ...Click here
Canada: CWB marketing strategy for 2007-08 focused on record prices ...Click here
Ukraine: Ukraine is able to export no less than 1.7 million tonnes of barley in 2008 ...Click here




UK: Enterprise Inns chief expects flat beer sales in 2008 ...More Info
Australia: Foster's extends Corona license agreement ...More Info
Argentina & USA: Aladdin Trading to distribute Patagonia Beer from Argentina on the US market ...More Info
Belgium: InBev "overweight," target price reduced ...More Info
China: Beijing Yanjing Brewery suspended from trading pending announcement ...More Info
Rwanda & Uganda: Mutzig beer sales in Uganda are at a good level ...More Info
USA: FEMSA brews up future leaders using learning management from SumTotal ...More Info
Canada: Canadian Wheat Board officials deny accusations by agriculture minister on barley program ...More Info
UK: A taller barley variety doesn't always result in the highest straw yield, indicate trials ...More Info
Australia: Drought which slashed barley production may be easing, GrainCorp says ...More Info
Go to our news database with more than 12025 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

UK: SABMiller sees Q3 2007 organic volume growth slow to 4%
SABMiller plc issued its interim management statement for the group’s third quarter and for the nine months ended 31 December 2007 which also represents ...More Info

Japan: Beer, quasi-beer shipments hit record low in 2007
Beer and quasi-beer shipments in Japan fell to a record low last year amid dwindling support from young generations, Jiji Press reported January 17.

Shipments ...More Info

Ukraine: Obolon strengthens positions on the beer market
ZAO Obolon produced 10.91 mil hl of beer in 2007, 16.5% more than in the previous year, the company said in a press release, ...More Info

India: Cobra Beer acquires its first brewery in India
London-based Karan Bilimoria's Cobra Beer said it has acquired a controlling stake of 76 percent in Bihar-based brewery Iceberg Industries, marking its first strategic ...More Info

UK: Scottish & Newcastle opens talks as Carlsberg and Heineken agree to meet 800p demand

Scottish & Newcastle plc ("S&N" or the "Company") and Carlsberg A/S ("Carlsberg") and Heineken N.V. ("Heineken") (together the "Consortium"), confirm that they have entered into discussions in relation to a possible recommended offer for S&N at 800 pence per share, according to S&N’s press release, January 17.

The Consortium's proposal is subject to certain pre-conditions, including satisfactory completion of limited due diligence. The parties have approached the Panel to request a short extension to the Put up or Shut up deadline to 12 noon on 24 January 2008, to enable the Consortium to complete its due diligence. The potential additional 20 pence per share of the proposed increased offer price will be funded by Carlsberg. Shareholders should be aware that there can be no certainty that a formal offer will be made. A further announcement will be made as appropriate.


Russia: SABMiller offices searched in tax Inquiry
SABMiller, the world's third-largest brewer, said its Moscow office had been searched by government officials investigating a tax case, according to Bloomberg, January 18.

"We ...More Info

Barley News

Canada: CWB marketing strategy for 2007-08 focused on record prices
The CWB will export 17 million tonnes of wheat, durum and barley this crop year, focusing its marketing strategy to take full advantage of ...More Info

Ukraine: Ukraine is able to export no less than 1.7 million tonnes of barley in 2008
According to the press-service of the Ukrainian Agrarian Confederation (UAC), Ukraine is able to export no less than 1.7 mln tonnes of barley, AgriMarket ...More Info
Scientific Digest

The effect of a fungicide application on the yield and quality of barley grain and malt

L. Hřivna - Mendel University of Agriculture and Forestry in Brno, Czech Republic

Abstract
In small-plot field trials conducted in 2000–2002 we studied the effect of fungicides on the yield and selected technological parameters of grain of malt barley and on malt. For the treatment we used Cerelux (active ingredients: fenpropimorph, flusilazole), Amistar (azoxystrobin) and Caramba (metconazole) applied in two stages of stand development (DC 47 and 55). Compared to the untreated control plants the yield grains ranged between 6.9 and 16.5% after the application of fungicides. The application of fungicides increased the proportion of full grains and had a favourable effect on the chemical composition of grain. After the treatment with azoxystrobin the content of N-substances decreased from 11.43 to 11.07% as compared to the controls. The highest starch content of grain was observed after the application of the active ingredient metconazole; the average content ranged between 64.44 and 64.62%. Compared to the controls the highest relative yield of malt starch (124.2–125.2%) was achieved after the application of azoxystrobin or a combination of azoxystrobin and metconazole in the DC 47 stage. The highest average attainable degree of fermentation was 78.57% and was discovered in the untreated control. Keywords: malt barley; malt; fungicide; yields; grain quality
... Load full article, 6 pages, 151 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

Prices Evolution

Prices evolution

Table of the week

USA Barley Supply and Use
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


These Days in Business History
January 17
1792 The birthday of the dollar sign $, as it shows up for the first time on a federal document a U.S. Treasury bond issued to George Washington
1917 US pays Denmark $25 million for Virgin Islands
1891 Walter Eucken, German economist is born

January 18
1840 Electro-Magnetic Intelligencer, 1st US electrical journal, appears
1980 Gold reaches $1,000 an oz
1989 IBM announces earnings up 10.4% in 1988

January 19
1898 Edward Crosby Johnson II, future founder of Fidelity Management & Research Co., is born in Milton
1938 GM began mass production of diesel engines
1992 IBM announces a nearly $5B loss for 1992

January 20
1781 1st edition of Pieter It Hoens "Post of Neder-Rhijn" published
1872 Californian Stock Exchange Board organized
1995 Russian ruble drops to 3,947 per dollar (record)

Agenda