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Base Currency: Euro, EUR on 29-July-2008
1 EUR = 1.5726 USD 1 EUR = 0.7903 GBP 1 EUR = 1.6046 CAD 1 EUR = 1.6453 AUD 1 EUR = 169.401 JPY 1 EUR = 2.4814 BRL 1 EUR = 36.7189 RUB 1 EUR = 10.7648 CNY
| Base Currency: US Dollar on 29-July-2008
1 USD = 0.636 EUR 1 USD = 0.5026 GBP 1 USD = 1.0204 CAD 1 USD = 1.0462 AUD 1 USD = 107.737 JPY 1 USD = 1.5779 BRL 1 USD = 23.3495 RUB 1 USD = 6.8453 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.
Mexico: Modelo is still analyzing the partnership with InBev
...Click here
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UK: Beer sales at British pubs fall to lowest level since Great Depression affecting brewers and the UK economy as a whole
...Click here
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USA: Craft beer sales 11% higher during the first half of 2008
...Click here
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Mexico: Femsa’s $247 million income exceeds forecasts
...Click here
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Azerbaijan: The Russian Baltika OJSC is to buy Khirdalan brewery
...Click here
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Uzbekistan: Baltic Beverages Holding to invest in its Uzbek activities
...Click here
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Ireland & UK: Malting barley growers reject opening price
...Click here
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Canada: 2008-2009 CWB’s Pool Return Outlook for barley unchanged
...Click here
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Russia: Beer in Russia – poor import, stable market
...More Info
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Czech Republic: “Czech Beer” is registered as a traditional trademark of the country
...More Info
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China: Country’s importance on the beer market is attracting many of the world’s largest breweries
...More Info
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India: United Breweries delisting from a number of Indian stock exchanges
...More Info
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UK: Heineken's takeover of Cork brewery Beamish & Crawford delayed
...More Info
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Denmark: Carlsberg’s new segment reporting format
...More Info
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Mexico: Modelo is still analyzing the partnership with InBev
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Mexico's Modelo, the maker of Corona beer, is playing its cards carefully in talks with InBev NV over a partnership as part of the
...More Info
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UK: Beer sales at British pubs fall to lowest level since Great Depression affecting brewers and the UK economy as a whole
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Squeezed by a nationwide smoking ban, rising costs, competition from supermarkets and the economic downturn, total beer sales are down 4.5% compared with the
...More Info
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USA: Craft beer sales 11% higher during the first half of 2008
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The Brewers Association, the trade association representing the majority of U.S. brewing companies, reported growing beer sales from American craft brewers.
Despite a softening economy
...More Info
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Mexico: Femsa’s $247 million income exceeds forecasts
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Fomento Economico Mexicano SAB, Latin America's largest beverage company, rose the most in two months in Mexican trading after reporting second-quarter profit and sales
...More Info
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Azerbaijan: The Russian Baltika OJSC is to buy Khirdalan brewery
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With the official sanction of the Azerbaijan State Antimonopoly Service, the deal between Braesseries Internationales Holding Eastern Ltd and Russia’s Baltika OJSC for purchase
...More Info
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Malaysia: High excises ruining the beer industry
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Breweries in Malaysia have cautioned that the RM4.77bil beer and stout industry will face tougher times if excise duties are increased further, thestar.com reported on July 29.
Malaysian excise duty rates were the highest in Asia and second highest in the world, after Norway. The Government increased the excise duty three years consecutively from 2004 to 2006 with an unprecedented 27% hike in 2006.
Guinness Anchor Bhd managing director Charles Ireland said another round of excise duty hike could result in smuggling becoming more lucrative and increased competition from wine, spirits and compounded hard liquor.
“The Government would be right not to increase excise tax this year. The industry is under tremendous pressure and we expect it to remain negative in the next year or so.
“Even more people will switch to wine, spirits and compounded hard liquor, which have higher alcohol content, thus promoting irresponsible drinking and causing health hazards.”
Based on a consumption forecast model, when excise duties increase, beer and stout consumption will decline 6.5% and 20.8% respectively.
Government tax collection had already reached an optimum level and any further increase would only lead to lower tax collection, Ireland added.
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Uzbekistan: Baltic Beverages Holding to invest in its Uzbek activities
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Baltic Beverages Holding (BBH) will invest 15 million euro to develop a brewery in Uzbekistan, Interfax quoted Yevgeny Shevchenko, general director of the Sarbast
...More Info
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Belarus: 1H 2008 beer sales increased by about 21%
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Sales of alcoholic products constituted 13% of the whole volume of retail commodities turnover in the first half of 2008, according to the data
...More Info
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Ireland & UK: Malting barley growers reject opening price
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An opening price of €165/t has been offered for malting barley amid continuing uncertainty over prices for feed-quality grains, Independent.ie announced the data of
...More Info
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Canada: 2008-2009 CWB’s Pool Return Outlook for barley unchanged
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Feed barley and designated barley values have not changed since June, says the CWB’s Pool Return Outlook (PRO) for the 2008 – 2009 crop year published on cwb.ca on July 24.
Feed barley
With Europe and the Black Sea region reaping the harvest, high declines in prices were registered on international markets. Relatively favourable weather conditions promise good yield this growing season. Feed barley prices in North America have declined during the past month, due mostly to the drop in corn values. Dryness in Australia is providing some support as the prospects for average yields begin to decline. Despite poor soil-moisture levels and reduced yield expectations in the extreme northern growing areas of Alberta, Canada has mostly good crop conditions. Barley crops suffered from late-season dryness in the Pacific Northwest, Montana and North Dakota, as a consequence, condition ratings dropped over the past month. Some support for prices will be rendered by the US deteriorating crop conditions.
Designated barley
The forthcoming harvest of spring barley in Europe has reduced international prices. Some concerns about quality in the EU caused by recent rains were dissolved by the favourable yield prospects. Malting barley prices will be supported by declining conditions in Australia. Canada’s success has been
...More Info
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Fungal Hydrophobins in the Barley-to-Beer Chain
Tuija Sarlin, A. Vilpola, E. Kotaviita, J. Olkku and A. Haikara
Abstract
J. Inst. Brew. 113(2), 147–153, 2007
Fungal hydrophobins have been shown to induce gushing of
beer. In order to study the occurrence and fate of hydrophobins
at different stages of the production chain of beer, barley samples
artificially infected in the field with Fusarium culmorum, F.
graminearum and F. poae were collected during the growing
period as well as during various stages of the malting process. In
addition, naturally infected malt was brewed in pilot scale and
samples were collected throughout the process. The samples
were assayed for hydrophobin content using an ELISA method.
The results showed that fungi produced hydrophobins that accumulated
during barley grain development in the field, but that
production was more pronounced during malting. Prolonged
storage of barley tended to reduce the ability of fungi to produce
hydrophobins in malting. Studies on the fate of hydrophobins
during the brewing process revealed that mashing released
hydrophobins from the malt into the wort. Some loss of hydrophobins
occurred throughout the brewing process with spent
grains, cold break (wort boiling) and surplus yeast. In addition,
the beer filtration step reduced hydrophobin levels. Despite the
substantial loss of hydrophobins during brewing, the level was
high enough to induce the gushing detected in the final beer.
Key words: Brewing, Fusarium, hydrophobins, malting.
Load full article, 7 pages, 534 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
First And Provisional EU Malting Barley Supply And Demand Estimate 2008/2009
28 July
1866 Metric system becomes a legal measurement system in US
1900 Hamburger created by Louis Lassing in Connecticut
1978 Price of gold tops $200-an-oz level for 1st time
29 July
1914 1st transcontinental phone link made between New York City & San Francisco
1952 1st nonstop transpacific flight by a jet
1956 Jacques Cousteau's Calypso anchors in 7,500 m of water (record)
30 July
1863 Henry Ford, car manufacturer was born
1897 German chemist named Felix Hoffman synthesizes a stable form of acetylsalicylic acid in a laboratory in Berlin. The head of Bayer’s pharmacological institute, Heinrich Dreser, soon names the product “aspirin,” and it becomes the best-selling drug of all time.
1928 George Eastman demonstrates 1st color movie
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