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Base Currency: Euro, EUR on 16-July-2008
1 EUR = 1.5939 USD 1 EUR = 0.7964 GBP 1 EUR = 1.5989 CAD 1 EUR = 1.6311 AUD 1 EUR = 168.017 JPY 1 EUR = 2.5473 BRL 1 EUR = 36.8724 RUB 1 EUR = 10.891 CNY
| Base Currency: US Dollar on 16-July-2008
1 USD = 0.6274 EUR 1 USD = 0.4996 GBP 1 USD = 1.0031 CAD 1 USD = 1.0233 AUD 1 USD = 105.415 JPY 1 USD = 1.5981 BRL 1 USD = 23.1329 RUB 1 USD = 6.8328 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 barley.
The changes are compared to last Newsletter's
prices. Arrows indicate the direction of the change.
World: InBev and Anheuser-Busch agree to combine, creating the global leader in beer with Budweiser as its flagship brand
...Click here
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China: InBev's acquisition of Anheuser-Busch makes it the largest brewer in the country, up from No. 5 before the deal
...Click here
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Germany: The largest beer merger will not affect the German market, expert says
...Click here
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Bulgaria: Breweries invested EUR 35.7 mln in the first half of 2008
...Click here
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Vietnam: Habeco’s profit fell 9% in H1 2008 because of malt costs growth, the company said
...Click here
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China: The country strengthens its dominance in world beer market
...Click here
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Mexico: Now InBev may put its eye on another beer maker like Grup Modelo
...Click here
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USA: SABMiller believes InBev's takeover of Anheuser-Busch provides opportunity for its MillerCoors in U.S
...Click here
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EU: The increase of the barley crop from 57 to 61 million tonnes looks modest
...Click here
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Russia: Barley outlook: 2008-09 production forecast of AAFC higher due to expectations of improved yields
...Click here
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World: InBev rated 'BBB+' by Standard & Poor, Anheuser-Busch cut on merger deal, outlook stable
...More Info
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Czech Republic: Budvar ups H1 beer sales by 5% year-on-year
...More Info
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Romania: Timisoreana tops beer sales on local market
...More Info
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Belgium & USA: InBev CEO made lots of promises in $52B Anheuser-Busch deal
...More Info
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USA: InBev aims to sell more Budweiser outside the U.S.; no concrete estimates of sales growth yet
...More Info
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UK: Beer tax hike to threaten industry, not binge drinkers
...More Info
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USA: MillerCoors is choosing Chicago for headquarters crating up to 400 new jobs
...More Info
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USA: Many craft brewers are concerned that industry consolidation could make it tougher to land distribution arrangements
...More Info
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World: Consumers are increasing their visits to bars, cafes, restaurants and hotels in the week
...More Info
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Australia: The largest brewer launches 60 dollar bottle of beer
...More Info
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Canada: Russell to expand BC brewery and open new distribution centre
...More Info
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USA: InBev & Anheuser-Busch deal’s impact on area barley industry is unclear
...More Info
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World: InBev and Anheuser-Busch agree to combine, creating the global leader in beer with Budweiser as its flagship brand
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Combination Will Create One of the World’s Five Largest Consumer Products Companies;
Company to be Named Anheuser-Busch InBev;
Budweiser to Expand Globally;
Transaction Will Yield Cost Synergies of at Least $1.5 Billion Annually by 2011; Neutral to EPS in 2009 and Accretive Beginning in 2010;
St. Louis, Missouri will be North American Headquarters and Global Home of Flagship Budweiser Brand;
Fully Committed to Support Wholesalers and Three-Tier System;
All U.S. Breweries to Remain Open; Commitment to Communities of Combined Company Maintained
InBev and Anheuser-Busch announced on July 14 an agreement to combine the two companies, forming the world’s leading global brewer. Anheuser-Busch shareholders will receive $70 per share in cash, for an aggregate equity value of $52 billion, in an industry-transforming transaction. The combined company will be called Anheuser-Busch InBev. Both companies’ Boards of Directors have unanimously approved the transaction. InBev has fully committed financing for the purchase of all of Anheuser-Busch’s outstanding shares.
The combination of Anheuser-Busch and InBev will create the global leader in the beer industry and one of the world’s top five consumer products companies. On a pro-forma basis for 2007, the combined company would have generated global volumes of 460 million hectoliters, revenues of $36.4 billion (€26.6 billion) and EBITDA of $10.7
...More Info
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China: InBev's acquisition of Anheuser-Busch makes it the largest brewer in the country, up from No. 5 before the deal
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InBev’s $52 billion takeover of Anheuser-Busch has created not only the largest brewer in the world but also the largest one in China, Business
...More Info
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Germany: The largest beer merger will not affect the German market, expert says
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The combined company Anheuser-Bush InBev would have about $36.4 billion (23 billion euros) in annual net sales, and would brew about a quarter of
...More Info
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Bulgaria: Breweries invested EUR 35.7 mln in the first half of 2008
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Representatives of the Bulgarian Union of Brewers announced July 14 at a press conference that its members had invested about BGN 70 mln (EUR
...More Info
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Vietnam: Habeco’s profit fell 9% in H1 2008 because of malt costs growth, the company said
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Hanoi-Beer-Alcohol-Beverages Corp., a Vietnamese brewer partly owned by Carlsberg A/S, announced its pretax profit fell 9 % in the first half because of a
...More Info
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China: The country strengthens its dominance in world beer market
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A new study says China, the world’s top beer-producing country, produces almost a quarter of the world's beer, AFP commented.
According to the study
...More Info
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Mexico: Now InBev may put its eye on another beer maker like Grup Modelo
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Now that InBev has snared Anheuser-Busch Cos., the Belgian company might already have its eye on another brewer: Grupo Modelo, St. Louis Post-Dispatch posted
...More Info
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USA: SABMiller believes InBev's takeover of Anheuser-Busch provides opportunity for its MillerCoors in U.S
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SABMiller, the world's second-largest beer maker, says it believes that InBev's takeover of its rival Anheuser-Busch will give it an opportunity to build on
...More Info
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EU: The increase of the barley crop from 57 to 61 million tonnes looks modest
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The EU expects a large grain crop of good quality. Planting and vegetation conditions in large parts of Europe were very good, the West
...More Info
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Russia: Barley outlook: 2008-09 production forecast of AAFC higher due to expectations of improved yields
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Barley is Russia’s second most important grain export, averaging 2 Mt annually, Agriculture and Agri-Food Canada published in one of their bulletin on July
...More Info
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Antioxidant Characteristics of Hops and Hop Products
Karel Krofta, Alexandr Mikyška, and Danuša Hašková
Abstract
J. Inst. Brew. 114(1), 3-13, 2008
The method based on the reaction of stable DPPH radical proved
to be the best for the determination of antioxidant characteristics
of hops and hop products. Antioxidant activity is expressed as
the rate of decline in absorbance of the reaction environment and
assessed in relative percents. Differences in the values of
antioxidant activity were determined in Czech and foreign hop
varieties. The highest antioxidant activities in the scope of 70 to
80% rel. were measured in Saaz and Spalter Select. Antioxidant
activity in most of the varieties moved in the scope of 40 to 60%
rel. A part of antioxidant activity of hops is irreversibly lost in
the course of drying. The loss does not usually exceed 5% of the
original RADPPH value. Drying also resulted in a decrease of
polyphenol compound contents. Drying in belt and chamber
kilns is comparable from the point of view of preserving hop
antioxidant properties. Results of determination of antioxidant
activity in hot water extracts of raw hops and ground hops were
comparable and statistically non-significant. The same held true
for pelletizing of ground hops. The antioxidant activity of raw
hops declined in the course of long-term storage in dependence
on storage temperature. Storage temperature had no effect on the
antioxidant activity of the hop pellets packed in a multi-layer
foil without air access....
Load full article, 7 pages, 246 Kb, PDF file
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Malting and Feed Barley Prices
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
Source: E-malt
Canada Barley Supply and Disposal as of July 02, 2008
14 July
1850 1st public demonstration of ice made by refrigeration
1857 Maytag invented the washing machine.
1959 1st atomic powered cruiser, Long Beach, Quincy Massachusetts
15 July
1783 1st steamboat, Pyroscaphe, 1st run in France
1869 Margarine is patented in France by Hippolyte Mege Mouries of Paris.
1954 The first commercial jet transport airplane built in US is tested (Boeing 707).
July 16
1661 1st banknotes in Europe were issued by Bank of Stockholm
1935 1st automatic parking meter in US installed, Oklahoma City, Ok
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