If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?5752
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 23b
June 04 - June 07, 2009
Open!
Click here to get full size Newsletter


Quote of the week

"Many battles have been fought and won by soldiers nourished on beer."
Frederick the Great
Currency Rates
Base Currency: Euro, EUR
on 05-June-2009

1 EUR = 1.4174 USD
1 EUR = 0.8713 GBP
1 EUR = 1.5681 CAD
1 EUR = 1.7682 AUD
1 EUR = 136.575 JPY
1 EUR = 2.7782 BRL
1 EUR = 43.868 RUB
1 EUR = 9.6997 CNY
Base Currency: US Dollar
on 05-June-2009

1 USD = 0.7056 EUR
1 USD = 0.6147 GBP
1 USD = 1.1063 CAD
1 USD = 1.2475 AUD
1 USD = 96.3573 JPY
1 USD = 1.96 BRL
1 USD = 30.9496 RUB
1 USD = 6.8433 CNY
Currency Rates Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

June 05, 2009

Type Crop 2008 Crop 2009
2rs Barley EUR114.0-118.0 EUR151.0-155.0 0.66%
6rw Barley EUR109.0-113.0 EUR137.0-141.0
2rs Malt EUR330.0-334.0 EUR366.5-370.5 0.41%
6rw Malt EUR322.5-326.5 EUR348.0-352.0
Feed Barley EUR109.0-113.0 3.73% 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

China: Tsingtao rumoured to be buying Jinan Beer Group ...Click here
Australia: Beer market resisting the global financial crisis so far ...Click here
India: Carlsberg to build two more greenfield breweries in the south ...Click here
Ukraine: Increased tax on beer will block the development of the market – brewers ...Click here
Japan & Russia: Japan beer sales in Russia to grow 30% this year ...Click here
United States: Things may get a little exciting in the barley industry no sooner than next year - experts ...Click here
United Kingdom: IBD Malting Barley Committee updates list of malting barley varieties recommended for 2009 ...Click here




Russia: Baltika Breweries to cut investments dramatically this year ...More Info
The Netherlands: Efes Breweries International increases loan by 50% - sources ...More Info
Latvia: Brewer Aldaris expects beer market to shrink, plans to boost exports ...More Info
Mexico: FEMSA’s CEO says beer industry consolidation not over yet ...More Info
Slovenia: Brewer Pivovarna Lasko satisfied with first five months results ...More Info
EU: Malting barley market still deserted ...More Info
United Kingdom: AB InBev to withdraw Castlemaine XXXX from the challenging British market ...More Info
Tunisia: Per capita beer consumption reaches record 13.7 litres ...More Info
Denmark & China: Carlsberg beer to attack from air ...More Info
Canada: Barley growers eager for a free trade with the EU ...More Info
Russia: Ochakovo increases capacity of Tumen beer plant ...More Info
United Kingdom: Heineken’s purchase of Gobe Pub Co’s debt - review ...More Info
United States: North American Breweries to merge tighter its brewing divisions ...More Info
United States: Idaho farmers to vote on barley assessment rate increase ...More Info
Go to our news database with more than 15142 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

China: Tsingtao rumoured to be buying Jinan Beer Group

Tsingtao Brewery Co Ltd plans to purchase Jinan Beer Group for RMB 250 million, China Knowledge cited undisclosed sources on June, 5.

An insider close to the situation revealed that the acquisition may not include the land use rights or the workshop. The production of Jinan Beer will be transferred to the Tsingtao factory located in Jinan high-tech development zone.

Tsingtao Brewery has reached a preliminary agreement with Shandong Commercial Group, the owner of Jinan Beer, and the acquisition agreement is expected to be signed early this month, the source claimed.

Tsingtao Brewery was not available for comment.

The acquisition will help Tsingtao compete with China Resources Breweries Co Ltd in Shandong Province.

Tsingtao Brewery entered the beer market in Jinan in 1997. It built a workshop in Jinan with production capacity of 400,000 tons in April 2007 to better meet demand in the next five to ten years.


Australia: Beer market resisting the global financial crisis so far

Australians do not let the global financial crisis affect their beer habits, on the contrary, they are even willing to spend a bit more for their brew these days, the Wall Street Journal posted on June, 4.

That's good news for beer companies in Australia like Lion Nathan Ltd. and Foster's Group Ltd., although it's uncertain whether beer, particularly the high-end brands, can continue to grow at this pace in the face of an expected consumer slowdown.

Domestic premium beer sales were up 18.6% and imported premium beer was up 15.3% in March from a year earlier, according to data from Nielsen Co. The only category that suffered was low-alcohol beer where sales contracted 9.2%.

Recent anecdotes indicate that overall, beer is in vogue with Metcash Ltd., which delivers beer to bottle shops, convenience stores and independent grocers, saying their beer volumes have risen 25% for the year ended April 30th. Lion Nathan says core beer markets have "remained robust despite economic circumstances."

This might not sound unusual for Australia, which has a reputation for being a beer drinking country, but it bucks a trend over many years of Australian drinkers switching to wine.

Australia’s brewers have been innovating in recent years, ...More Info


India: Carlsberg to build two more greenfield breweries in the south

Carlsberg India, a wholly-owned subsidiary of Danish brewer Carlsberg, will set up two more breweries to tap the growing market in southern India, a top company official was quoted as saying by Financial Chronicle on June, 3.

The company already set up four greenfield breweries two years ago in the country and markets all-malt three beer brands from its global portfolio – Carlsberg, Okocim Palone and the recently-launched Tuborg.

“We plan to set up two more greenfield breweries in south India to tap the growing clients in the southern states with a total investment of Rs 150 crore (1 crore = ten million) in the next financial year,” Pradeep Gidwani, managing director, Carlsberg India, said.

At present, the company has four breweries in Alwar in Rajasthan, Paunta Sahib in Himachal Pradesh, Aurangabadin Maharash-tra and Hooghly in West Bengal. Till date, it has invested over Rs 250 crore in India.

“We have been growing fast and the response to our brands is overwhelming. About 55 per cent of the beer is consumed in the south with the largest guzzlers in Andhra Pradesh, followed by Tamil Nadu, Maharashtra, Karnataka and Rajasthan,” Gidwani said.

Last year, 180 million cases of beer were sold in the country. The beer ...More Info


Ukraine: Increased tax on beer will block the development of the market – brewers

Following the government’s decision to increase the excise tax on beer, Ukrainian brewers prognosticate an increase in beer prices, Gazeta.ua reported on June, 4.

The increase may reach about UAH0.25 per a 0.5 litre bottle of beer.

“As the excise tax on beer has been increased to UAH0.6, the price of a bottle will grow by average UAH0.2-0.25,” Alexandr Slobodyan, Obolon brewery president, said.

The new excise rate will come into force in the second half of this year. Mr. Slobodyan believes beer price hike should be expected already in July.

Petr Chernishov, head of Carlsberg Group Ukraine, said the company’s price policy will be revised in the nearest future.

Mr. Chernishov said the prices of beer will grow by about UAH0.5 per litre.

He reminded that Ukraine’s beer consumption has been falling since the second half of 2008, and the latest excise tax increase will only aggravate the negative trend and block the development of the nation’s beer market.

“We had hoped up to the last moment that in determining the new excise rate good sense would prevail over somebody’s momentary conclusions and unjustified emotions. At the moment, it is difficult to make any forecasts regarding the further developments since the situation remains ambiguous,” Ludmila Nakonechnaya, ...More Info


Japan & Russia: Japan beer sales in Russia to grow 30% this year

Japan’s two largest brewers, Asahi and Kirin, plan to increase by 30% their sales volumes in Russia, ITAR-TASS reported on June, 5.

Asahi Dry beer has been produced on license by Russia’s Baltika Breweries since April, 2008. In 2009, according to sources, its sales (together with the imported beer) will be increased to 11.8 mln bottles, which is 30% more than last year.

Japan’s No.1 brewer Kirin is so far lagging behind Asahi, but also plans to increase beer sales in Russia by 30%, it is reported.


Barley News

United States: Things may get a little exciting in the barley industry no sooner than next year - experts

The full warehouses of maltsters and the lack of export demand for feed barley kept the lid on barley prices during the past two weeks, even though prices for other grains did see some strengthening during the same period, Farm & Ranch Guide reported on June, 4.

According to Randy Brad from Valley Grain Services in Casselton, N.D., barley will sit on the sidelines this time as other commodity prices increase.

“We're seeing the speculators get into the market and cause prices for wheat, corn and soybeans to run up, but this time around I don't think barley is going to follow like it has in the past,” Brag said. “For a while during this last run, barley was priced higher than corn, but this time that isn't going to happen.

“We've got the California barley harvest ready to start next week, so we have new crop coming into the market. The rest of the world had a good barley crop last year so they are working on existing stocks, so all the demand at this time is basically in the United States,” he continued.

“And even though there were less acres contracted this year by the maltsters, they are backed up with enough ...More Info


United Kingdom: IBD Malting Barley Committee updates list of malting barley varieties recommended for 2009

The Malting Barley Committee of the Institute of Brewing and Distilling posted on June, 5 the updated list of malting barley varieties recommended for 2009.

“With the increased requirement for grain distilling malt it is necessary to identify barleys which are recommended for the different distilling purposes.”

“The outcome was the promotion of Quench to Full Approval for brewing use, the promotion of Belgravia to Full Approval for malt distilling and grain distilling use, the promotion of Concerto to Provisional Approval 1 for brewing and malt distilling use and the promotion of Forensic to Provisional Approval 1 for malt distilling and grain distilling use,” the Committee said.

Wintmalt was removed from trials and Appaloosa and Tartan were removed from the approved list.

Decanter remains on the list for grain distilling but has been removed for malt distilling.

The list of varieties approved for brewing use (harvest 2010) is as follows:

Winter varieties with full approval: Pearl, Flagon, Cassata;

Spring varieties with full approval: Optic, Cocktail, NFC Tipple, Westminster, Quench;

Spring varieties with provisional approval 1: Concerto

No winter varieties were given full approval for malt distilling use. The spring ones are: Optic, Cocktail, Oxbridge, Publican, and Belgravia. Concerto and Forensic were given provisional approval 1 for ...More Info

Scientific Digest

Optimised Acidification Power Test of Yeast Vitality and its Use in Brewing Practice

P. Gabriel, M. Dienstbier, D. Matoulkova, K. Kosar and K. Sigler

Abstract:
J. Inst. Brew. 114(3), 270–276, 2008 The optimised acidification power test (APT) of brewer’s yeast quality includes storing the yeast slurry at 2°C under beer (AP remains constant for up to 6 days), a 15 min sample equilibration to room temperature, decantation, and washing by triple centrifugation in deionised water. The final yeast pellet keeps its AP for up to 6 h at room temperature under water and thus the APT does not need to be performed immediately after yeast collection. The correct AP value (maximum acidification produced by given yeast) is determined at 25 ± 0.1°C in a 15 mL sample containing >5% glucose and >1.5 g yeast wet weight. The cell concentration is conveniently measured as absorbance (A660). Cell flocculation and/or sedimentation that can distort APT results can be prevented by stirring the sample at >200 rpm. The AP of yeast of different generations used to pitch brewery fermentations in cylindroconical tanks had a very low correlation with the wort half-attenuation time (T1/2) due to large scatter, while each yeast generation separately showed a clear T 1/2 - AP relationship. The lowest AP of yeast cropped from cylindroconical tanks was displayed by the first cropped fraction. Post-cropping cooling had no effect on AP. Variations in pitching yeast vitality and their effect on the outcome of a brewery fermentation can be masked by variations in pitching rate, wort composition, ambient conditions in the cylindroconical tanks and other factors. Key words: Acidification power, brewery practice, optimised AP test, wort attenuation, yeast cropping, yeast quality. Load full article, 7 pages, 339 Kb, PDF file


Barley Prices

French Malting Barley Prices. Nominal prices
EURO = USD 1.4174 June 05, 2009 
 Crop year   2008   2009 
 Parity   FOB Creil   FOB Creil 
 Position   July 2008   July 2009 
Type   Variety  EURO  USD  EURO  USD 
2RS  Scarlett  118.00  167.50  155.00  220.00 
2RS  Prestige  117.00  166.00  154.00  218.50 
2RS  Cellar  116.00  164.50  153.00  217.00 
2RS  Sebastien  115.00  163.50  152.00  215.50 
2RS  Tipple  115.00  163.50  152.00  215.50 
2RS  Henley  115.00  163.50  152.00  215.50 
6RW  Esterel   111.00  157.50  139.00  197.50 

French Feed Barley Prices. Nominal prices
EURO = USD 1.4174 June 05,2009
Crop year 2008
Parity FOB Creil
Position July 2008
Type EURO USD
Feed Barley 111.00 157.33


Theoretical Malt Prices

EURO = USD 1.4174 June 05,2009 
Crop year  2008 
Parity  FOB Antwerp 
Position  June 2009 - Sept 2009 
Conditioning  Bulk   In bags  Bulk containers Bags, containers
Malting barley variety  EURO USD EURO  USD EURO USD  EURO  USD
2RS  Scarlett  334.50  474.00  365.50  518.00  358.00  507.50  372.00  527.50 
2RS  Prestige  333.00  472.00  364.50  516.50  356.50  505.50  371.00  525.50 
2RS  Cellar  332.00  470.50  363.00  514.50  355.50  503.50  369.50  524.00 
2RS  Sebastien  330.50  468.50  362.00  513.00  354.50  502.00  368.50  522.00 
2RS  Tipple  330.50  468.50  362.00  513.00  354.50  502.00  368.50  522.00 
2RS  Henley  330.50  468.50  362.00  513.00  354.50  502.00  368.50  522.00 
2RS   Average price  332.00  470.50  363.00  514.50  355.50  503.50  369.50  524.00 
6RW  Esterel   324.50  461.50  357.00  506.00  349.50  495.00  363.50  515.00 
Asia Malt 70/30  330.00  467.50  361.50  512.00  353.50  501.00  368.00  521.50 
**  Asia Malt 50/50  329.00  466.00  360.00  510.50  352.50  499.50  366.50  519.50 


EURO = USD 1.4174 June 05, 2009
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  370.50  525.50  402.00  569.50  394.50  558.50  408.50  579.00 
2RS  Prestige  369.50  523.50  400.50  568.00  393.00  557.00  407.50  577.00 
2RS  Cellar  368.50  522.00  399.50  566.00  391.50  555.50  406.00  575.50 
2RS  Sebastien  367.00  520.00  398.50  564.50  390.50  553.50  404.50  573.50 
2RS  Tipple  367.00  520.00  398.50  564.50  390.50  553.50  404.50  573.50 
2RS  Henley  367.00  520.00  398.50  564.50  390.50  553.50  404.50  573.50 
2RS   Average price  368.50  522.00  399.50  566.00  391.50  555.50  406.00  575.50 
6RW  Esterel   350.00  497.50  382.50  541.50  374.50  531.00  388.50  551.00 
Asia Malt 70/30  363.00  514.50  394.50  558.50  386.50  548.00  401.00  568.00 
**  Asia Malt 50/50  359.50  509.50  391.00  554.00  383.00  543.00  397.50  563.00 

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

Australia Malt Exports 2004 - 2008
in tonnes

Destination 2004 2005 2006 2007 2008
Cambodia 5,117 5,445 6,513 6,417 9,255
China 210 3,090 109 11 16
Hong Kong 2,598 2,866 1,994 1,142 -
India 2,523 - 1,533 6,825 324
Indonesia 23,205 24,053 22,906 14,814 24,533
Japan 98,267 91,803 99,669 73,831 91,077
Kuwait - - 3,108 - -
Laos - - - 98 1,990
Malaysia 11,917 5,975 8,630 22,305 5,954
Myanmar 300 172 - - -
Nepal 3,801 1,815 2,786 3,942 3,311
Oman - - - 16,998 -
Philippines 70,167 34,134 75,746 61,279 73,969
Singapore 19,768 22,637 21,404 23,539 19,356
Sri Lanka - - 32 4,050 1,949
South Korea 98,418 84,544 96,273 76,634 75,795
Taiwan 133 141 100 51 51
Thailand 48,052 90,870 106,391 143,364 132,334
United Arab Emirates - 18 39 37 2
Vietnam 112,424 103,815 113,800 119,041 94,825
TOTAL ASIA 496,900 471,378 561,033 574,378 534,741
Cook Islands - 17 - - -
Fidji 2,108 2,439 2,336 2,479 2,035
New Caledonia 402 481 70 399 643
New Zealand 536 486 469 454 643
Papua New Guinea 6,565 7,309 7,141 8,221 9,034
Solomon Islands 391 575 51 77 -
Vanuatu 151 187 170 187 204
Western Samoa 940 1,010 1,144 974 907
TOTAL OCEANIA 11,093 12,504 11,381 12,791 13,466
Malawi 229 466 - - -
Mauritius 4,400 3,216 3,942 4,095 3,875
Mozambique 408 - - - -
South Africa - - - 671 737
TOTAL AFRICA 5,037 3,682 3,942 4,766 4,612
France - - 124 - -
Russia 830 2,109 852 85 185
Switzerland - 106 - - -
TOTAL EUROPE 830 2215 976 85 185
others 0 6 0 0 -
TOTAL WORLD 513,860 489,785 577,332 592,020 553,004
Source: Australian Bureau of Statistics
Graph of the Week



These Days in Business History

June 4
1070 Roquefort cheese created in a cave near Roquefort, France
1875 Pacific Stock Exchange opens
1953 Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so.


June 5
1507 England and Netherlands sign trade agreement
1933 Gold standard abolished
5 British population agrees to European Common Market membership
1977 Apple II, the 1st personal computer, goes on sale


June 6
1875 Netherlands goes on the gold standard
1882 Electric iron patented by Henry W Seely, New York City
1925 Walter P. Chrysler founds the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co.


June 7
1775 United Colonies change name to United States
1887 Monotype type-casting machine patented by Tolbert Lanston
1965 Sony Corp introduced its home video tape recorder
Agenda