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E-Malt.com Flash 09b
February 28 - March 02, 2008
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Currency Rates
Base Currency: Euro, EUR
on 29-February-2008

1 EUR = 1.5127 USD
1 EUR = 0.7624 GBP
1 EUR = 1.4806 CAD
1 EUR = 1.6043 AUD
1 EUR = 160.612 JPY
1 EUR = 2.5355 BRL
1 EUR = 36.3995 RUB
1 EUR = 10.7745 CNY
Base Currency: US Dollar
on 29-February-2008

1 USD = 0.6611 EUR
1 USD = 0.504 GBP
1 USD = 0.9788 CAD
1 USD = 1.0606 AUD
1 USD = 106.183 JPY
1 USD = 1.6762 BRL
1 USD = 24.063 RUB
1 USD = 7.1228 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
February 27, 2008
Type Crop 2007 Crop 2008
2rs Barley €283.0-285.0 1.73% €283.0-285.0 1.05%
6rw Barley €252.0-254.0 0.39% €248.0-250.0
2rs Malt €541.0-543.0 1.09% €526.0-528.0 0.66%
6rw Malt €501.5-503.5 0.30% €482.0-484.0
Feed Barley €196.0-198.0 0.5% nq

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

Belgium: InBev 2007 profit more than doubles, dividend is tripled ...Click here
China: Tsingtao Brewery to raise beer prices due to higher costs ...Click here
Luxembourg: Quilmes Industrial (Quinsa) S.A. announces higher beer sales in 2007 ...Click here
Ukraine: Beer production to rise 14% in 2008 if the excise duty remains the same ...Click here
India: Asia Pacific Breweries likely to acquire brewery in Rajasthan ...Click here
Russia: Malting barley to be cultivated in Omsk region ...Click here
Ukraine: Government plans to increase quota for barley export and prolong its efficiency ...Click here
France: Malting barley market more active for 2008 crop ...Click here
Canada: Malting barley markets mostly quiet, demand for feed barley has weakened ...Click here
Japan: Kirin Brewery jointly purchasing hops with Aussie Beer Company ...Click here




World: InBev CEO says industry consolidation not over yet, no comment on Anheuser-Busch tie-up ...More Info
Nigeria: Heineken's Nigerian Breweries 2007 profit soars 74% ...More Info
South Africa: SABMiller Faces CO2 shortage as South African refinery shuts ...More Info
Canada: Lakeport Brewery launches Lakeport Ale ...More Info
UK: EU inquiry deadline into SABMiller, Molson Coors joint venture April 4, 2008 ...More Info
Nigeria: Nigerian Breweries to reward its distributors ...More Info
USA & United Arab Emirates: Anheuser-Busch plans theme parks in Dubai ...More Info
Russia: Government to prolong enhanced barley export duty period till 1 July 2008 ...More Info
Australia: ABB forecasts a 2007 FY net profit of AU$30 million; plans to buy NZ Grain & Seed ...More Info
Ukraine: Agrarians January 2008 barley sales averaged UAH1,144.3 per MT ...More Info
Go to our news database with more than 12264 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Belgium: InBev 2007 profit more than doubles, dividend is tripled
InBev (Euronext: INB), the world’s leading brewer, announced its results for the full year 2007 (FY07) and fourth quarter 2007 (4Q07), in a press ...More Info

China: Tsingtao Brewery to raise beer prices due to higher costs
Tsingtao Brewery Company Limited, one of the biggest Chinese beer makers, is to raise prices in East China, SinoCast reported February 29.

Tsingtao Brewery will ...More Info

Luxembourg: Quilmes Industrial (Quinsa) S.A. announces higher beer sales in 2007
Quilmes Industrial (Quinsa) S.A. ("Quinsa" or the "Company") announced its results for the six months and full year ended December 31, 2007, PRNewswire reported ...More Info

Ukraine: Beer production to rise 14% in 2008 if the excise duty remains the same
Beer production in Ukraine will increase 14% in 2008 to 36 million hectolitres assuming that excise rates remain unchanged, said Galina Korenkova, the general ...More Info

India: Asia Pacific Breweries likely to acquire brewery in Rajasthan

Asia Pacific Breweries (APB), manufacturers of the renowned Tiger beer brand, is likely to acquire a brewery in Rajasthan soon, as part of expanding its foothold into north India, according to Financial Express, February 28. The company, which wants to establish its presence in Rajasthan, Haryana and Punjab, is learnt to have started talks with a number of smaller brewing Companies. The acquisition is expected to be in the range of Rs 80-100 crore.

APB operates through two joint ventures in India. APB (Aurangabad) Limited, which brews Cannon 10000 and Arlem, is a 76:24 joint venture with Vijay Chougle, while APB-Pearl Limited is a 67:33 JV with CK Jaipuria. The breweries in Aurangabad and Hyderabad have a capacity of 5 and 6 million cases per annum respectively. In an interaction with FE , Vivek Chhabra, regional director, south Asia & director, group business development, APB Limited, said, “We are keen to launch our corporate brands like Tiger, Baron’s strong brew, Anchor and ABC extra stout, across the country in a couple of months. We would like to have a strong presence in north, especially, Rajasthan, Haryana and Punjab.” “Though no brewery licences are allowed in Rajasthan as of now, APB ...More Info


Barley News

Russia: Malting barley to be cultivated in Omsk region
Representatives of an important European beer company have visited the Omsk region to discuss their intention to change their malting barley supplier with another ...More Info

Ukraine: Government plans to increase quota for barley export and prolong its efficiency

According to the draft resolution of the Cabinet of the Ministers, published at the official internet site of the Ministry of Economics of Ukraine, the quota for barley export may be increased by 0.5 mil tonnes, Agrimarket reported February 27.

According to this document, in particular, they propose to increase the export quota for barley from 400.000 tonnes to 900.000 tonnes.

The draft resolution foresees prolongation of grain quotas efficiency from March 31 till June 30, 2008.

In addition, the draft resolution proposes to introduce some changes in the personal membership of the commission on quotas distribution as well as reduction of terms of grain export licenses granting.


France: Malting barley market more active for 2008 crop
There has been a small increase in malting barley market for 2008 crop this week, with malsters closing some contracts for the new crop, ...More Info

Canada: Malting barley markets mostly quiet, demand for feed barley has weakened

Malting barley markets are "mostly quiet," the CWB said, as end users are mostly covered, although current-year supplies are still tight and forecasts call for fewer acres to be seeded to barley this spring, Grainews reported February 28. PRO values thus remained flat, with Standard Select Canada Western two-row at $290 per tonne and SS CW six-row at $264.

Offshore demand for feed barley has weakened, the board said, while supplies of available substitute feed grains and Australia's exportable barley are both larger than expected. No. 1 Canada Western (Pool B) feed barley values in the February PRO are down $7, at $252 per tonne.


Hops News

Japan: Kirin Brewery jointly purchasing hops with Aussie Beer Company
Japan's Kirin Brewery Co. has started joint purchase of hops with an Australian beer company in a move to procure a stable supply of ...More Info
Scientific Digest

Importance of Endosperm Modification for Malt Wort Fermentability

M. J. Edney, J. K. Eglinton, H. M. Collins3, A. R. Barr, W. G. Legge, and B. G. Rossnagel


Abstract
J. Inst. Brew. 113(2), 228–238, 2007 Malt wort fermentability is dependent on an adequate supply of the essential nutrients required by yeast. The barley and malt factors affecting this supply of nutrients are not well understood. This study used two doubled haploid populations (Arapiles × Franklin, TR251 × HB345), the latter with a hulless barley parent, to investigate effects of barley and malt quality on fermentability. Populations were grown and malted at different locations resulting in a broad range in malt quality with significant differences in extract, modification and enzyme levels. Fermentability, as indicated by apparent attenuation limit and ethanol levels, also showed significant differences among samples. Modification was the most important factor for good fermentability. There appeared to be several different mechanisms by which modification affected fermentability. High viscosities, slow starch release during mashing, increased glucose supply from better b-glucan breakdown and increased free amino nitrogen levels all affected fermentability. Effects of starchdegrading enzymes on fermentability became more significant in better modified malts with a-amylase showing stronger effects than diastatic power. The poorer fermentability of hulless barley malt was predominately due to low levels of a-amylase, although, free amino nitrogen also appeared to be an important factor. Key words: Barley, hulless, b-glucan, ethanol, fermentable sugars, free amino nitrogen.
... Load full article, 10 pages, 478 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
World Barley Supply and Demand
Table of the week. Make it clear - Membership for one year is 169 EUR.
Source: USDA, February 2008

Graph Of The Week



These Days in Business History
February 28
1956 Forrester issued a patent for computer core memory
1982 American Telephone and Telegraph Co. looses record $7 BILLION for fiscal year ending on this day
1986 European Economic Community sign "Special Act" for Europe free trade

February 29
1504 Columbus uses a lunar eclipse to frighten hostile Jamaican Indians
1908 Dutch scientists produce solid helium
1988 As the junk-bond fueled takeover craze nears its peak, Wall Street has one of its biggest deal-days of all time.

March 1
1867 Howard University chartered, Washington D.C.
1927 Bank of Italy becomes a National Bank
1947 International Monetary Fund begins operation

March 2
1809 The earliest known bank failure in the U.S. is reported when the Farmers Exchange Bank of Glocester, R.I., goes bust after issuing $800,000 in fraudulent loans against total capital of $45.
2000 Wall Street creates what may be the most worthless company of all time. 3Com Corp. spins off 23 million shares of Palm, Inc. on NASDAQ at an initial price of $38.
2000 Shares in MicroStrategy Inc., a hot software consulting firm, fall from $246.75 to $86.75 in a single day as chairman Michael Saylor announces that the company will have to slash its reported revenues and earnings for the past two years.
Agenda