If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?5190
E-Malt.com NewsLetter

Newsletter Summary





Last five newsletters


Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolutions


Last five scientific digests


Access to E-malt.com

User name

Password


Use the above form to have a full immediate access to E-malt.com site! Through the drop-down menu you can easily remind your username and password, change your username and password or even edit your account!




Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

Updated figures related to USA barley and malt trade with Mexico and Canada could be seen in NAFTA section of e-malt.com menu. To this purpose please enter e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.



E-Malt.com Newsletter 50b
December 11 - December 14, 2008
Open!
Click here to get full size Newsletter


Quote of the week

"The important thing is this: To be able at any moment to sacrifice what we are for what we could become."
Charles DuBois
Currency Rates
Base Currency: Euro, EUR
on 12-December-2008

1 EUR = 1.3142 USD
1 EUR = 0.8821 GBP
1 EUR = 1.6382 CAD
1 EUR = 1.9833 AUD
1 EUR = 121.15 JPY
1 EUR = 3.1314 BRL
1 EUR = 36.5847 RUB
1 EUR = 9.0178 CNY
Base Currency: US Dollar
on 12-December-2008

1 USD = 0.761 EUR
1 USD = 0.6711 GBP
1 USD = 1.2465 CAD
1 USD = 1.5091 AUD
1 USD = 92.1873 JPY
1 USD = 2.3827 BRL
1 USD = 27.8374 RUB
1 USD = 6.8617 CNY
Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

December 12, 2008

Type Crop 2008 Crop 2009
2rs Barley EUR123.0-125.0 EUR139.0-141.0
6rw Barley EUR117.0-119.0 EUR129.0-131.0
2rs Malt EUR346.0-348.0 0.86% EUR357.5-359.5 0.83%
6rw Malt EUR337.5-339.5 0.88% EUR344.0-346.0 0.86%
Feed Barley EUR97.0-99.0 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

World: Beer output in 2009 to remain at 1,832 mln hl ...Click here
United Kingdom & India: Cobra’s UK and Indian businesses may be sold to separate buyers ...Click here
World: AB InBev investors buy 99.58% of the new stock ...Click here
The Netherlands & India: Heineken may pay $100 mln to settle uneasy relationships with United Breweries ...Click here
Japan: Transition to cheap third category beer increases its November shipments by 12.2% ...Click here
Ukraine: Obolon brewery reports increased sales in the eleven months of this year ...Click here
Russia: SUN InBev to close a beer plant in Russia ...Click here
World: Default on existing contracts may be the only danger for consolidated world malt industry - experts ...Click here
China: Malt overcapacity is a fact but exact data unavailable ...Click here
EU: Feed barley traded for intervention-level prices, malting barley again headed downwards ...Click here
Canada: Strong domestic market and large production in almost all countries exclude Canada from the list of big feed barley exporters ...Click here
South America: Unsatisfactory malting barley crop to attract imports - experts ...Click here
EU: IGC estimates EU barley crop at 65.9 mln tons ...Click here
World: World barley acreage forecast to increase by 3.4% in 2009 ...Click here
China: Barley imports amount to 1.04 mln tonnes in the ten months of 2008 ...Click here
United States: Michigan farmers mull planting hops spurred by high demand ...Click here




Canada: Brick Brewing net revenues lose 3.3% in Q3 FY 2009 ...More Info
United States: Court settles a lawsuit for the already created Anheuser-Busch InBev ...More Info
United Kingdom: Three new barley varieties on the HGCA Recommended List 2009 have malting potential - expert ...More Info
Poland: Financial crisis flattening the Polish beer industry ...More Info
Switzerland: Heineken considering a 4% price increase ...More Info
Ukraine: Spring barley acreage to be 5 mln ha next year – preliminary estimates ...More Info
United States: Bud Light to get new package as from March 2009 ...More Info
Australia: Feed barley prices in Victoria demonstrating an unlevelled market ...More Info
United States: US growers offered a new barley variety highly resistant to Russian wheat aphids ...More Info
Kenya: Beer prices set to increase by about Sh10 a bottle ...More Info
Australia: Feed barley prices in Victoria demonstrating an unlevelled market ...More Info
Kazakhstan: Barley exports fall as compared to 2007/2008 MY ...More Info
Poland: Carlsberg Polska to get new CEO in January ...More Info
Belarus: Beer exports to increase to 60 mln litres by 2010 ...More Info
Ireland: Diageo chooses Dublin as 'global centre of excellence' for beer research ...More Info
Russia: Another year of bumper crop forecast for Russia in 2009/2010 ...More Info
Samoa: Vailima beer to grow in price for the second time this year ...More Info
Go to our news database with more than 14072 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

World: Beer output in 2009 to remain at 1,832 mln hl

On this first day of December stock and commodity markets dropped sharply again, indicating a continuation or acceleration of the world’s economic crisis. The question is to what extent beer and malt industries will be affected, analysts communicated this month.

Looking at historical figures, beer sales figures rose from 1980 till 2007 from 931 mln to 1.787 bln hl. They dropped only once, in 1992 by 2 mln hl, but ignored all other crises during that period.

Analyst have estimated a modest beer output figure for 2009, no increase of the whisky production, and a lower malt input per hl of beer than in former times.

Total world beer output is forecast to be 1,832 mln hl in 2008 and to remain the same in 2009. China’s beer output is estimated at 417 mln hl this year and is expected to make 428 mln hl in 2009. Russia’s beer production is to amount to 125 mln hl both in 2008 and 2009.


United Kingdom & India: Cobra’s UK and Indian businesses may be sold to separate buyers

Cobra Beer, the Indian-themed lager brand, is prepared to split its UK and Indian businesses and sell them to separate buyers as its founder, Lord Bilimoria, seeks £185 mln ($274 mln) for the group, the Financial Times reported on December, 11.

Lord Bilimoria said: “We are proactively now approaching all the major drinks companies in the world”.

The company said it will distribute this week information memorandums to trade and financial buyers stressing they can either bid for the full business, or for its UK and Indian arms separately. It will consider both cash and equity offers.

According to analysts, SABMiller could be a buyer for the whole business, given its strength in India (where it owns the Foster’s brand and is the country’s second biggest brewer) and strategy of developing international premium brands.

Diageo, which had showed interest in Cobra during the summer but later abandoned talks, declined to comment on whether it would look again at Cobra.

Cobra has brewed beer in India, which contributes about one third of total sales volumes, since 2005 from nine breweries. It has a 1 per cent share of the Indian beer market.

A potential Indian buyer could be the UB Group, which owns Kingfisher, India’s biggest beer ...More Info


World: AB InBev investors buy 99.58% of the new stock

Anheuser-Busch InBev NV said its investors bought 99.58 percent of the 6.4 billion euros ($8.3 billion) of new stock being sold to repay some of the takeover debt, Bloomberg reported on December, 11.

The shares were sold at the issue price of 6.45 euros each, the Leuven, Belgium-based company said. The remainder – some 2,614,025 shares - will be sold in a so-called accelerated institutional placement. Investors had been able to subscribe for eight new shares for every five they already own until Dec. 9.

InBev NV completed the purchase of Anheuser-Busch Cos. last month. The takeover incurred $54.8 billion of debt, which consists of a $9.8 billion equity bridge financing, to be repaid with the stock sale, and another $45 billion of loans.

The new shares would start trading on Dec. 16, it is reported.


The Netherlands & India: Heineken may pay $100 mln to settle uneasy relationships with United Breweries

Global beer giant Heineken may pay a multi-year commercial fee to United Breweries (UB) for handling distribution and bottling of its beer brands in India, the Economic Times communicated on December, 11.

Experts call this a breakthrough in the uneasy relationship between Heineken and United Breweries, which had soured following the $15.4-billion S&N buyout in January this year.

People familiar with the situation maintain that Heineken could pay around $100 million as part of discussions to clinch a business partnership with UB chairman Vijay Mallya after acquiring 37.5% stake in the Indian brewer through a global buyout of Scottish & Newcastle (S&N).

UB has insisted that its business ties with S&N were specific in nature and not extended to Heineken. As a result, despite being an equal shareholder—Mr Mallya also holds 37.5% in UB—Heineken does not enjoy any management or business rights in a company that controls nearly 48% of the India’s beer consumption.

The possibility of a payout may signal a thaw in the relationship between Heineken and UB. UB had moved the Bombay High Court to restrain Heineken from accessing any rights that were conferred to S&N, and also objected to Heineken’s group arm Asia-Pacific Breweries (APB) running parallel operations in ...More Info


Japan: Transition to cheap third category beer increases its November shipments by 12.2%

To save a few yen in the unfavourable economic situation, Japan’s beer lovers are switching to cheaper third category beer, shipments of which, at 23.8 percent, have edged out those of happoshu between January and November of this year by 0.1 point, the Mainichi Daily News reported on December, 10.

According to figures released by the country’s top four breweries, regular beer shipments during November were down 12.1 percent compared to last year to 19.46 million cases.

In contrast, those of third category beer rose 12.2 percent to 9.13 million cases -- the seventh month in a row they've been higher than those of happoshu, which dropped 16.2 percent to 7.57 million cases.

The secret to third category beer's popularity is its price. The rough price of a 350-milliliter can of regular beer is, at 217 yen, well above the 160 yen for happoshu and 140 yen for third category beer. And with beer sales set to peak over the year-end period, thanks to year-end parties and sales of beer gift sets, more consumers are likely to be taking the cheaper tipple.

Total beer shipments for November dropped 8.0 percent to 36.16 million cases, the lowest figure since data was first published in 1992.


Ukraine: Obolon brewery reports increased sales in the eleven months of this year

Obolon, a leading Ukrainian brewer, produced 68 mln litres of beer in November, thus increasing its total output by 3.6%, the company reported on December, 9.

In general, the production of beer in Ukraine was reduced by 4.6%.

During the eleven months of 2008, the brewer produced 10.66 mln hl of beer, up by 4.9% compared to the same period in 2007.

The increase of the national beer market in January – December this year was just 1.8%.

In November, Obolon’s share in Ukraine’s beer production grew by 3% to 37.5%. The increase is explained by production cutbacks made by the closest rivals, the company posted.

The company’s share of the nation’s beer market is 30.7% as of November 2008.

Obolon increased beer exports by 36.5% to about 80.3% in November. The company notes significant export activity of the Ukrainian beer industry – total exports grew by 27.7%.

In the eleven months of 2008, Obolon’s share of Ukraine’s total production of beer constituted 35.4%, its share of the domestic beer market was 30.4%.

In January – November, the company’s exports grew by 10.2%, which made up about 75% of the total shipments of Ukrainian beer abroad.

Obolon has proved its status as the largest beer exporter in the ...More Info


Russia: SUN InBev to close a beer plant in Russia

SUN InBev has decided to suspend operations at its St. Petersburg region beer plant as from December, 15 sine die, the brewer announced on December, 11.

Under existing unforeseen sag of the brewing industry and unfavourable economic forecasts, to maintain its competitiveness the company is forced to take measures for the optimisation of its production activities and cost effectiveness, SUN InBev posted on its site.

Last month, SUN InBev said it will suspend the expansion of the facility’s production capacity.

The enterprise still remains in SUN InBev’s ownership. The production capacity of the plant will be redistributed among the brewer’s remaining facilities to maintain its level of production in Russia, it is announced.

The company says it will pursue the course of implementing its long-term strategy of development in the country.

SUN InBev purchased the plant in the St. Petersburg region three years ago. The beer brand Tinkoff has been bottled exclusively there, and the company said its production will be transferred to another facilities.

Experts explain the brewer’s decision to close the plant by the fact that the North-West region of Russia has the lowest sales of the company’s beer.

Alexei Krivoshapko, Prosperity Capital Management director is surprised at SUN InBev’s decision to stop ...More Info


Malt News

World: Default on existing contracts may be the only danger for consolidated world malt industry - experts

World’s order books for malt are filled for 2009 and partly beyond, the only danger would arise from defaults on existing contracts, analysts communicated last week.

Russia and Brazil signal attempts of defaults with severe consequences for the maltsters involved. But so far the number of contract breaches is small.

According to experts, the world’s beer and malt industry has consolidated since the last crisis and a larger percentage of the industry is in the hands of financially strong enterprises.

The split-up of the world’s malting industry looks as follows: 53% are owned by trade maltsters with a minimum capacity of 100,000 tons, 21% are brewer-maltsters, and only 26% are malting companies with smaller capacities than 100,000 tons.

In key countries like Australia, Canada, the U.S., France, Belgium, the Netherlands, the U.K. virtually 100% of the industry belong to the group of large maltsters.

Germany and the Czech Republic are known for their large number of small factories, but capacity-wise 71% of the German and 82% of the Czech production are run by strong firms.

The beer industry of the world depends on their partners in the malting line, and analysts are certain that especially the cosmopolitan brewing groups will respect their contractual obligations.

No large malting ...More Info


China: Malt overcapacity is a fact but exact data unavailable

China’s malt overcapacity is a fact since many years, though the exact statistics of the nation’s all malt factories and of total malt production is unavailable, experts communicated at the beginning of December.

The two large national malting companies with most of their plants close to seaports, Supertime and Cofco, have been active in the export field and have expanded their sales continuously over the past years, it is reported.

According to analysts’ estimates, China’s exports of malt will reach 400,000 tons in 2008, and the figure may become larger in the future.

In China, smaller inland malt factories, often possessed by provinces, cities, but also by independent companies, produce for their neighbourhood breweries. They produce only as much malt as ordered, and most of them cannot work in summer, because they have no cooling systems, experts inform.


Barley News

EU: Feed barley traded for intervention-level prices, malting barley again headed downwards

European Union’s feed barley market still unable to recover, the prices set by traders are logically stuck at the level of the intervention ones, La Depeche commented on December, 12.

The number of deals is very limited, with the competition between production reported by the EU nations and the Black Sea region being in the way of all attempts to increase European prices.

The majority of trading in the sphere of malting barley is restricted to the 2009/2010 crop year. The older crop is abandoned. Deals are registered regularly, but prices are again moving downwards this week.


Canada: Strong domestic market and large production in almost all countries exclude Canada from the list of big feed barley exporters

Canada is not expected to be a major feed barley exporter this year, as domestic prices should remain more attractive to farmers, Grain News cited market sources on December, 10.

According to experts, while feed barley prices in Western Canada continue to weaken and have more room to the downside, international prices are considerably lower, which should keep Canada out of the export market going forward.

Spot feed barley bids in the key Lethbridge, Alberta market are currently sitting around C$155 per tonne, which compares with prices near C$190 per tonne a month ago, according to provincial Alberta Grain Commission data.

While domestic barley prices have dropped, Neil Slingerland, president of Newco Commodities Ltd. at Coaldale, Alta., east of Lethbridge, thought domestic barley prices would need to drop another C$30 to C$40 per tonne before they were in the export range.

"The domestic market is still substantially stronger than the export market, which means we will have a very, very small export program," said Lorelle Selinger, barley marketing manager with the Canadian Wheat Board.

Larger production in Europe and the Black Sea region will keep export prices low, she said. In addition, late rains in Australia have caused some downgrading in that country's malt barley ...More Info


South America: Unsatisfactory malting barley crop to attract imports - experts

The malting barley crop in Mercosur will be disappointing and will open the door for imports to Colombia and the Pacific Coast from other origins, industry experts communicated earlier this month.

Brazil started harvesting in Parana with good results, but the important crop of Rio Grande do Sul was reduced by early heat, followed by rains during harvest. The nation expects domestic malting barley deliveries of 150 - 180,000 tons and imports of 360 – 390,000 tons, normally from Argentina.

Uruguay is just self-sufficient.

In Argentina harvesting has started with rather poor results in the North, hopes are for better results in the province of Buenos Aires. Crop estimates range from 1.6 (IGC) to 2.0 mln tons, however, small grains will downgrade to feed at least 300 – 400,000 tons.

As Argentina has domestic needs of 1 mln tons, and 375,000 tons will be shipped to Brazil, it looks like a very small surplus for other destinations, experts inform.


EU: IGC estimates EU barley crop at 65.9 mln tons

According to the latest reports, the International Grain Council has increased its EU barley crop number to 65.9 mln tons, 8.5 mln tons more than in 2007.

Feed use will be 3 mln tons higher, and barley exports are expected to reach 4.6 mln tons vs. 3.8 mln tons last year.

Exporters have booked licences for 2.7 mln tons, as of the beginning of December.


World: World barley acreage forecast to increase by 3.4% in 2009

Informa Economics forecasts that world barley acreage will be increased to 56.8 mln ha in 2009, Zerno Online reported on December, 9.

The area planted to the cereal was 54.9 mln ha in 2008.

The EU nations are forecast to grow barley on 14.0 mln ha (14.5 mln ha in 2008), Russia – 9.5 mln ha (9.7 mln ha in 2008), Ukraine – on 4.2 mln ha (4.1 mln ha in 2008).

Australia is expected to increase its barley planted area to 4.5 mln ha (from 4.2 mln ha in 2008).

Canada’s barley acreage will remain on 3.5 mln ha as in 2008, Informa Economics states.

According to industry sources, German and Scandinavian farmers will reduce their spring barley plantings in 2009, but prospects in France and the U.K. are for larger barley acres.

The real situation will clarify in spring, still high seed and fertilizer prices, the credit squeeze, and the general economic recession make forecasts even more difficult than in former years, analysts comment.


China: Barley imports amount to 1.04 mln tonnes in the ten months of 2008

Barley imports to China totalled 1.04 mln tonnes in January – October, experts informed at the end of November.

The nation purchased 747,000 tons from Australia, 196,000 tons from Canada, 72,000 tons from France and 30,000 tons from Denmark.

Reports are that France has sold another 120 – 170,000 tons, already shipped or to be shipped, 34,000 tons were loaded last week in French ports.

The poor crop in Australia may open more opportunities for Canadian and EU barley, analysts believe.


Hops News

United States: Michigan farmers mull planting hops spurred by high demand

Michigan farmers may soon introduce growing a new plant in their working schedule – hops, Record-Eagle informed on December, 8.

If the overwhelming response to a sustainable hop production workshop planned by the Michigan State University Extension is any indication, the hardy perennial and essential ingredient in beer, may be a breakout commodity.

"We have had three to four times the number of people register than what we had anticipated," said Leelanau County Extension director, Dr. Rob Sirrine, who coordinated the workshop sponsored by The North Central Region Sustainable Agriculture Research and Education Program.

"We have people coming from all over the state, from Colorado and Canada," said Sirrine, noting that even after changing venues, the Dec. 17 workshop is sold-out.

A national hop shortage is one reason for the new found interest in growing the crop that is in high demand by brewers across the country. In 1997 there were nearly 45,000 acres of hops grown in the U.S., while only 31,000 acres were devoted to the crop last year, according to the Michigan State University Extension office.

"Growers are only putting in the higher yielding varieties and big companies are buying up the supply," said Sirrine, who sees local growers being able to ...More Info

Scientific Digest

Liquid Chromatography–Diode Array and Electrospray High-Accuracy Mass Spectrometry of Iso-alpha-Acids in DCHA-Iso Standard and Beer

Pavel Hofta, Pavel Dostálek and David Sýkora

Abstract

ABSTRACT J. Inst. Brew. 113(1), 48–54, 2007 Excellent liquid chromatographic (LC) separation of cis/trans stereoisomers of iso-alpha-acids has been achieved with reversedphase sorbent XTerra MS C18. An isocratic alkaline mobile phase, consisting of a mixture of 5 mmol l–1 ammonium acetate (pH 8)-acetonitrile-methanol, 62:21:17 (v/v/v), was used. In the DCHA-Iso international calibration standard trans-isoposthumulone was identified combining photo diode array (PDA) spectra and electrospray high-accuracy mass spectrometric (MS) data. Moreover, the molecular mass of two degradation products resulting from the in-solution storage of the DCHA-Iso standard was determined. The presence of trans and cis isomers of isoposthumulone, isocohumulone, isoadhumulone and iso-n-humulone in beer samples was confirmed. The trans isomers of iso-alpha- acids showed characteristic and reproducibly slightly different ultraviolet absorbance spectra with respect to cis isomers. Key words: Beer, DCHA-Iso standard, electrospray, food analysis, high-accuracy mass spectrometry, isoadhumulone, isocohumulone, iso-n-humulone, isoposthumulone, UV spectra. Load full article, 7 pages, 629 Kb, PDF file

Barley Prices

French Malting Barley Prices. Nominal prices
EURO = USD 1.3142 December 12, 2008 
 Crop year   2008   2009 
 Parity   FOB Creil   FOB Creil 
 Position   July 2008   July 2009 
Type   Variety  EURO  USD  EURO  USD 
2RS  Scarlett  126.00  165.50  142.00  187.00 
2RS  Prestige  125.00  164.50  141.00  185.50 
2RS  Cellar  124.00  163.00  140.00  184.00 
2RS  Sebastien  123.00  162.00  139.00  183.00 
2RS  Tipple  123.00  162.00  139.00  183.00 
2RS  Henley  123.00  162.00  139.00  183.00 
6RW  Esterel   118.00  155.50  130.00  171.00 

French Feed Barley Prices. Nominal prices
EURO = USD 1.3142 December 12, 2008
Crop year 2008
Parity FOB Creil
Position July 2008
Type EURO USD
Feed Barley 98.00 128.79


Theoretical Malt Prices

EURO = USD 1.3142 December 12, 2008 
Crop year  2008 
Parity  FOB Antwerp 
Position  Dec 2008 - Sept 2009 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO USD EURO  USD EURO USD  EURO  USD
2RS  Scarlett  349.50  459.00  380.50  500.00  373.00  490.00  387.00  508.50 
2RS  Prestige  348.00  457.50  379.50  498.50  371.50  488.50  386.00  507.00 
2RS  Cellar  347.00  456.00  378.00  497.00  370.50  486.50  384.50  505.50 
2RS  Sebastien  345.50  454.50  377.00  495.50  369.00  485.00  383.50  504.00 
2RS  Tipple  345.50  454.50  377.00  495.50  369.00  485.00  383.50  504.00 
2RS  Henley  345.50  454.50  377.00  495.50  369.00  485.00  383.50  504.00 
2RS   Average price  347.00  456.00  378.00  497.00  370.50  486.50  384.50  505.50 
6RW  Esterel   338.50  446.00  370.50  487.00  363.00  477.00  377.50  495.50 
Asia Malt 70/30  344.50  453.00  376.00  494.00  368.50  484.00  382.50  502.50 
**  Asia Malt 50/50  343.50  451.00  374.50  492.00  366.50  482.00  381.00  500.50 


EURO = USD 1.3142 December 12, 2008
Crop year 2009
Parity FOB Antwerp
Position Oct 2009 - Sep 2010
Conditioning Bulk In bags Bulk containers Bags, containers
Malting barley variety EURO USD EURO USD EURO USD EURO USD
2RS  Scarlett  360.50  474.00  392.00  515.00  384.50  505.00  398.50  523.50 
2RS  Prestige  359.50  472.50  390.50  513.50  383.00  503.50  397.50  522.00 
2RS  Cellar  358.50  470.50  389.50  511.50  381.50  501.50  396.00  520.50 
2RS  Sebastien  357.00  469.00  388.50  510.00  380.50  500.00  394.50  518.50 
2RS  Tipple  357.00  469.00  388.50  510.00  380.50  500.00  394.50  518.50 
2RS  Henley  357.00  469.00  388.50  510.00  380.50  500.00  394.50  518.50 
2RS   Average price  358.50  470.50  389.50  511.50  381.50  501.50  396.00  520.50 
6RW  Esterel   345.00  454.50  377.00  495.50  369.50  485.50  383.50  504.50 
Asia Malt 70/30  354.50  466.00  385.50  507.00  378.00  497.00  392.50  515.50 
**  Asia Malt 50/50  352.00  462.50  383.50  503.50  375.50  493.50  390.00  512.50 

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

Australian Barley Supply and Disposal 2001 - 2009f
in thousand tonnes 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008s 2008-2009f
Production 10 382 7 740 9 482 4 257 5 920 6 361
   Domestic use 2 476 2 670 2 760 3 153 2 460 2 361
   as malt and other human use 168 172 176 166 165 169
   feed 2 100 2 300 2 400 2 784 2 100 1 995
   seed 208 198 184 203 195 197
 Exports  6 999 4 862 5 917 2 562 4 054 4 221
   as malting barley 2 135 1 464 2 067 659 1 083 1 072
   malt (grain equivalent) 624 601 660 627 668 662
   feed barley 4 241 2 798 3 191 1 192 2 303 2 487
s - ABARE estimated, f-ABARE forecast. Source - ABARE December, 2008
Graph of the Week



These Days in Business History
December 11
1812 1st newspaper on Curaçao (Curaçao Gazette & Commercial Advertiser)
1901 Marconi sends 1st transatlantic radio signal, Cornwall to Newfoundland
1930 Bank of the United States opens in New York NY
1967 SST prototype "Concorde" 1st shown (France)
1985 General Electric acquires RCA Corp & its subsidiary
1985 Dow Jones closes above 1,500 for 1st time (1,511.70)

December 12
1791 Bank of the US opens
1800 Washington DC established as capital of US
1858 1st Canadian coins circulated (1¢, 5¢, 10¢ & 20¢)
1878 Joseph Pulitzer begins publishing "St Louis Dispatch"
1901 Marconi receives 1st transatlantic radio signal, England to US
1991 Maastricht Treaty signed to create a European Community

December 13
1734 England & Russia sign trade agreement
1789 1st loan to U.S. Government (from New York City banks)
1898 Hannibal Goodwin patents celluloid photographic film
1983 British Airways incorporates

December 14
1503 Nostradamus [Michel de Nostre-Dam] French astrologist/prophet is born.
1911 South Pole 1st reached, by Norwegian Roald Amundsenv 1960 Organization for Economic Cooperation & Development (OECD) forms
1967 DNA created in a test tube
Agenda