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E-Malt.com Flash 22b
May 28 - June 01, 2008
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Currency Rates
Base Currency: Euro, EUR
on 29-May-2008

1 EUR = 1.5677 USD
1 EUR = 0.7929 GBP
1 EUR = 1.5571 CAD
1 EUR = 1.6335 AUD
1 EUR = 163.667 JPY
1 EUR = 2.6174 BRL
1 EUR = 37.0264 RUB
1 EUR = 10.903 CNY
Base Currency: US Dollar
on 29-May-2008

1 USD = 0.6379 EUR
1 USD = 0.5058 GBP
1 USD = 0.9933 CAD
1 USD = 1.042 AUD
1 USD = 104.409 JPY
1 USD = 1.6696 BRL
1 USD = 23.6186 RUB
1 USD = 6.9548 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

May 29, 2008

Type Crop 2007 Crop 2008
2rs Barley nq €237.0-239.0
6rw Barley nq €217.0-219.0
2rs Malt €529.0-531.0 €481.5-483.5
6rw Malt €496.0-498.0 €455.5-457.5
Feed Barley €166.0-168.0 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

South Africa: Heineken to build a $1 billion brewery in Sedinbeng ...Click here
World: Market sceptical of possible InBev’s GBP22.6 billion bid for SABMiller ...Click here
China: China Resources lowers 2008 beer sales target ...Click here
Belarus: Syabar brewing company to boost production to 1.7 million hectolitres ...Click here
Estonia: Carslberg to buy out Estonian brewer Saku ...Click here
Ukraine: Beer prices to boost 35% in 2008 ...Click here
Ireland: Greencore’s malting division profits rose 61% in H1 on 27% increase in sales ...Click here
UK: Baird's Malt Ltd to invest £20 million to build a new malting plant in Arbroath ...Click here
France: Malting barley market calm, feed barley prices decreasing ...Click here
UK: Late sown spring barley is suffering, winter barley free of disease ...Click here
USA: Hops shortage hitting US craft-breweries ...Click here




India: InBev is extending operations in India, set to team up with Kool Breweries ...More Info
UK: Young & Co. full-year profit falls 76% after Ram Brewery sale ...More Info
USA: Anheuser-Busch Cos downgraded to "hold" ...More Info
Estonia: Saku Brewery wants to register The Beer of Estonia trade mark ...More Info
USA: Miller Beer continues run as exclusive Dallas Cowboys beer sponsor ...More Info
Tanzania: Serengeti Breweries Limited launched campaign in support of Taifa Stars ...More Info
Uganda: Nile Breweries aids sorghum farmers ...More Info
Canada: Agriculture Minister Gerry Ritz moves to cut small producers from Wheat Board vote ...More Info
India: Farmers get crop insurance for barley ...More Info
India: Barley likely to open up on export ...More Info
Go to our news database with more than 12831 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

South Africa: Heineken to build a $1 billion brewery in Sedinbeng
Heineken NV's plan to build a new South African brewery at Sedibeng, south of Johannesburg will generate 7.7 billion rand ($1 billion) in investment, ...More Info

World: Market sceptical of possible InBev’s GBP22.6 billion bid for SABMiller
A report that SABMiller PLC has held talks with rival InBev about a possible GBP22.6 billion bid from the Belgian brewer was greeted with ...More Info

China: China Resources lowers 2008 beer sales target
Hong Kong-listed investment holding company China Resources Enterprise Ltd has reduced its 2008 beer sales growth target to 15% from the original 25% due ...More Info

Belarus: Syabar brewing company to boost production to 1.7 million hectolitres
The Syabar brewing company plans to increase the production capacities from the current 12 million decaliters to 17 million decaliters by the end of ...More Info

Estonia: Carslberg to buy out Estonian brewer Saku
Danish brewer Carlsberg launched an offer to buy out the remaining 25 percent of Estonian brewer Saku at a price of 194.06 Estonian kroons, ...More Info

Ukraine: Beer prices to boost 35% in 2008
Ukrainian beer companies will revise the price policy for 2008 taking into consideration the increase in production cost, according to the experts, May 28.

The ...More Info

Malt News

Ireland: Greencore’s malting division profits rose 61% in H1 on 27% increase in sales
Greencore, which recently bought convenience food group Home Made Foods in the US, increased its turnover and profits in the first half of the ...More Info

UK: Baird's Malt Ltd to invest £20 million to build a new malting plant in Arbroath
The first new malting plant in Scotland for over a quarter of a century is to be built in Arbroath, according to Abroath Herald, ...More Info

Barley News

France: Malting barley market calm, feed barley prices decreasing
Malting barley market was calm this week, disturbed only by several deals, La Depeche published May 28. The absence of maltsters explains his situation. ...More Info

UK: Late sown spring barley is suffering, winter barley free of disease
Late sown spring barley is suffering, especially on heavier soils, FWi reported May 27. Hopefully a little rain and some warmth will bring such ...More Info

Hops News

USA: Hops shortage hitting US craft-breweries
The international shortage of hops -- the ingredient that adds aroma, body and bitterness -- is causing prices of the agricultural commodity to soar, ...More Info
Scientific Digest

Optimal Beer Fermentation

W. Fred Ramirez and Jan Maciejowski

Abstract
J. Inst. Brew. 113(3), 325–333, 2007 A new tool was developed to solve a wide range of optimal beer fermentation problems. Using a mathematical model of beer fermentation, the direct dynamic optimization technique of sequential quadratic programming was investigated for determining the optimal cooling policy to maximize ethanol production for a fixed final time, including effects that optimize flavor. The new tool is very efficient for determining optimal cooling strategies. New control strategies were found that increase ethanol production while decreasing the deleterious effects of fusel alcohols and keeping the acetaldehyde concentrations at moderate levels. Model parameter sensitivity was investigated and it was shown that the system could be regulated successfully around optimal temperature profiles. Key words: Dynamic optimization, fermentation, mathematical modeling, optimal flavor. ... Load full article, 9 pages, 1153 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.

Graph Of The Week



These Days in Business History
May 29
1527 University of Marburg (Germany) founded
1848 William G. Young patents ice cream freezer
1933 Patent on invisible glass installation

May 30
1872 Mahlon Loomis patents wireless telegraphy
1928 John Keith Wright is born, English economist/asst sect of state, 1971-84
1975 European Space Agency, ESA, forms

May 31
1879 1st electric railway opens at Berlin Trades Exposition
1974 The first money-market mutual fund with checkwriting privileges, Fidelity Daily Income Trust, opens for business.
2000 Lucent Technologies announces that it is buying Chromatis Networks, an optical networking company, for $4.5 billion.

June 1
1812 The State of New York charters a new institution called City Bank of New York, called today Citigroup.
1880 1st pay telephone installed
1939 Stockbrokers are officially designated as "registered representatives."
Agenda