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Click here to get full size Newsletter
"We have made progress. There is still work to do."
Carlos Gutierrez
Base Currency: Euro, EUR on 02-June-2010
1 EUR = 1.2228 USD 1 EUR = 0.8388 GBP 1 EUR = 1.2831 CAD 1 EUR = 1.4631 AUD 1 EUR = 111.363 JPY 1 EUR = 2.2345 BRL 1 EUR = 38.0729 RUB 1 EUR = 8.3621 CNY
| Base Currency: US Dollar on 02-June-2010
1 USD = 0.8179 EUR 1 USD = 0.6859 GBP 1 USD = 1.0494 CAD 1 USD = 1.1965 AUD 1 USD = 91.0786 JPY 1 USD = 1.8274 BRL 1 USD = 31.1364 RUB 1 USD = 6.8386 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.
Australia: GrainCorp sees further opportunities to expand its malt business
...Click here
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Malaysia: Carlsberg Brewery Malaysia achieves 76.5% net profit increase in Q1 2010
...Click here
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United States: Largest beer brands sales drop during the four weeks ending May 16
...Click here
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China: Chongqing Brewery announces cash dividends for FY2009
...Click here
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United Kingdom: The Malting Barley Committee updates the list of malting barley varieties approved for harvest 2010
...Click here
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Russia: Baltika not laying down arms in battle with Russian Malt
...More Info
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The Philippines: San Miguel Corp. expects growth from non-allied industries
...More Info
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United Kingdom: C&C reportedly out of bidding for AB InBev’s Bass brand
...More Info
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Germany: Barley offers into intervention reach almost 2 mln tonnes this year
...More Info
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Australia: GrainCorp appoints Managing Director and CEO
...More Info
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Malaysia: Carlsberg Brewery Malaysia achieves 76.5% net profit increase in Q1 2010
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Carlsberg Brewery Malaysia Berhad (Carlsberg Malaysia) said on May, 27 its net profit reached RM38.1 million in the 3 months ended 31 March 2010, which represents an improvement of 76.5 per cent over the corresponding quarter in the previous year.
Revenue of RM378.5 million for the same quarter was 30.6 per cent higher than the quarter in the previous year. The higher revenue was mainly due to the later timing of the 2010 Chinese New Year as well as the consolidation of the revenue of its newly acquired subsidiary Carlsberg Singapore Pte Ltd, the brewer said.
Earnings per share of 12.38 sen per ordinary share for the quarter under review was 76.8 per cent higher than last year.
“We are very pleased with the performance in the 1st quarter 2010 where our strategy for growth in the domestic market with a more robust brand portfolio as well as in the Singapore market is delivering the expected results.” Mr Soren Ravn, Managing Director commented.
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United States: Largest beer brands sales drop during the four weeks ending May 16
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The $100 billion US beer industry has seen sales for nearly a dozen of the largest brands drop during the four weeks ending May 16, Advertising Age said on May, 31, citing the research company SymphonyIRI.
Only four of the top 30 brands — Keystone Light, Modelo Especial, Pabst Blue Ribbon and Yuengling — registered upticks, it is reported.
Meanwhile, despite massive measured-media support, category titans Bud Light, Coors Light and Miller Lite all declined.
"I've never seen so much red ink on a spreadsheet in all my years in this business," said Harry Schuhmacher, publisher of Beer Business Daily, of the figures, which account only for food, drug and convenience stores. "It's really disconcerting."
Industry shipments are down 4%, according to the Beer Institute. Several factors play into the trend, key among them the recession. MillerCoors Chief Marketing Officer Andy England said that unemployment remains particularly pronounced among the 21- to 35-year-old men who are the primary targets of beer companies, and also among Hispanics, another key segment. In many cases, they're opting for cheaper brews, or saving their consumption for a special occasion by splurging on craft-style beers. As a result, the "premium" lights are being squeezed by moves in both
...More Info
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China: Chongqing Brewery announces cash dividends for FY2009
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China’s Chongqing Brewery will distribute cash dividends of 0.3 yuan/share for the 2009 fiscal year, Capital Vue cited a company filing on June, 2.
Cash dividends will be delivered on June 18. The company predicts it will pay out a total of 145.191 million yuan based on 483.971 million outstanding shares.
Shares of Chongqing Brewery were down 3.92 percent to trade at 34.54 yuan at 13:36 pm on the Shanghai Stock Exchange on June, 2.
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Australia: GrainCorp sees further opportunities to expand its malt business
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Australian grain handler and marketer GrainCorp believes there may be further opportunities to expand its malt business, which was the main contributor to a 63% increase in the company’s first half net profit, Afr.com cited the interim chief executive Ian Wilton on May, 27.
GrainCorp’s acquisition of United Malt Holdings was completed on November 13, 2009.
“We believe the current malt market conditions, while unsettling for investors, may lead to opportunities for further investment in the sector,” Mr. Wilton is quoted as saying.
“Despite the global financial downturn, the international beer and scotch whisky markets continue to grow albeit at rates lower than prior to the global financial crisis,” he said.
“Demand remains strong in South-east Asia and South America – two key markets for our malt sales.”
Mr. Wilton said GrainCorp’s malt sales volumes were on budget, and remained on track across all the company’s markets.
“Of particular note is the craft brew market in North America, which has continued to grow despite the global financial downturn.”
The company’s malt sales volume forecast remained at 920,000 - 950,000 tonnes.
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United Kingdom: The Malting Barley Committee updates the list of malting barley varieties approved for harvest 2010
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UK’s Malting Barley Committee provided on May, 28 an update to the list of malting barley varieties it recommends for harvest 2010.
With the increased requirement for grain distilling malt it is necessary to identify barleys which are recommended for the different distilling purposes, the Committee said. The outcome was the promotion of Concerto to Full Approval for brewing and malt distilling use, the promotion of Forensic to Provisional Approval 2 for malt and grain distilling use, and the promotion of Purdey, Winsome and Propino to Provisional Approval 1 for brewing use.
There were no removals from the Approved list though Cocktail had been removed after the autumn 2009 meeting.
The malting barley varieties with a full approval for brewing use are: Pearl, Flagon, Cassata (winter); Optic, NFC Tipple, Quench Westminster, Concerto (spring). The varieties with provisional approval 1 are the winter varieties Purdey and Winsome and the spring variety Propino.
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A Comparison of Three Methods for the Assessment of Foam Stability of Beer
C. E. Wallin, M. B. DiPietro, R. W. Schwarz and C. W. Bamforth
J. Inst. Brew. 116(1), 78–80, 2010
ABSTRACT
Three methods for measuring foam stability were assessed using
nine different beers. The methods were the NIBEM instrument
of Haffmans, the device marketed by Steinfurth and the manual
procedure developed by Constant. There were reasonable-togood
correlations when the foam stability of all the beers, as
determined by the individual methods, were compared one with
another. However when individual beers were studied, it appeared
that different techniques rank them in somewhat different
sequences. All of the methods demonstrated the superior foam
stability of examined ales over lagers, however there were some
differences in ranking of beer foam quality, in particular with the
beers bittered with reduced iso-a-acids, which performed better
when assessed by methods that quantified the foam itself, rather
than drainage.
Key words: comparison, foam, instrument, manual method,
ranking.
Load full article, 3 pages, 236 kb , PDF file
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French Malting Barley Prices
EURO = USD 1.2228 June 02, 2010 |
Crop year |
2009 |
2010 |
Parity |
FOB Creil |
FOB Creil |
Position |
July 2009 |
July 2010 |
Type |
Variety |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
107.00 |
131.00 |
141.00 |
172.50 |
2RS |
Prestige |
106.00 |
130.00 |
140.00 |
171.50 |
2RS |
Cellar |
105.00 |
128.50 |
139.00 |
170.00 |
2RS |
Sebastien |
104.00 |
127.50 |
138.00 |
169.00 |
2RS |
Tipple |
104.00 |
127.50 |
138.00 |
169.00 |
2RS |
Henley |
104.00 |
127.50 |
138.00 |
169.00 |
6RW |
Esterel |
101.00 |
123.50 |
121.00 |
148.00 |
Nominal French Feed Barley Prices
EURO = USD 1.2228 June 02, 2010 |
Crop year |
2009 |
Parity |
FOB Creil |
Position |
July 2009 |
Type |
EURO |
USD |
Feed Barley |
94.00 |
114.94 |
Canadian Barley Prices |
USD = CAD 1.0494, June 02, 2010 |
Canadian Malting Barley Prices, CWB Quotes/Indications, Basis Export Position |
Crop 2009 in C$/t | Crop 2010 in C$/t |
2-Row Malting Barley, Domestic | 242.00 | 242.00 |
2-Row Malting Barley, Off Shore | 230.00 | 230.00 |
2-Row Malting Barley, for USA | 230.00 | 230.00 |
2-Row Malting Barley, for Mexico | 230.00 | 230.00 |
6-Row Malting Barley, Domestic | 230.00 | 230.00 |
6-Row Malting Barley, Off Shore * | 215.00 | 215.00 |
6-Row Malting Barley, for USA | 215.00 | 215.00 |
6-Row Malting Barley, for Mexico | 215.00 | 215.00 |
Canadian Feed Barley Values, Basis Lethbridge non board |
Crop 2009 in C$/t | Crop 2010 in C$/t |
Feed Barley, Basis Lethbridge non board | 150.00 | nq |
* rarely traded |
US Barley Prices, Crop 2009 |
USD = EUR 0.8179, June 02, 2010 |
Malting Barley Prices | in US$/t |
2-Row Malting Barley, Basis Great Falls, Montana | 133.00 |
6-Row Malting Barley, Basis Minneapolis, Minnesota | 145.00 |
Feed Barley Prices | in US$/t |
Feed Barley Basis Great Falls, Montana | 115.00 |
Canadian malt and barley prices as well as US barley prices information provided by
Integrated Malt Barley Management Ltd
Theoretical EU Malt Prices
EURO = USD 1.2228 June 02, 2010 |
Crop year |
2009 |
Parity |
FOB Antwerp |
Position |
June 2010 - Sept 2010 |
Conditioning |
Bulk |
In bags |
Bulk containers |
Bags, containers |
Malting barley variety |
EURO |
USD |
EURO |
USD |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
290.00 |
354.50 |
321.00 |
392.50 |
313.50 |
383.00 |
327.50 |
400.50 |
2RS |
Prestige |
288.50 |
353.00 |
320.00 |
391.00 |
312.00 |
381.50 |
326.50 |
399.00 |
2RS |
Cellar |
287.50 |
351.50 |
318.50 |
389.50 |
311.00 |
380.00 |
325.00 |
397.50 |
2RS |
Sebastien |
286.00 |
350.00 |
317.50 |
388.00 |
309.50 |
378.50 |
324.00 |
396.00 |
2RS |
Tipple |
286.00 |
350.00 |
317.50 |
388.00 |
309.50 |
378.50 |
324.00 |
396.00 |
2RS |
Henley |
286.00 |
350.00 |
317.50 |
388.00 |
309.50 |
378.50 |
324.00 |
396.00 |
2RS |
Average price |
287.50 |
351.50 |
318.50 |
389.50 |
311.00 |
380.00 |
325.00 |
397.50 |
6RW |
Esterel |
282.50 |
345.50 |
313.50 |
383.50 |
306.00 |
374.00 |
320.50 |
391.50 |
* |
Asia Malt 70/30 |
286.00 |
349.50 |
317.00 |
387.50 |
309.50 |
378.50 |
323.50 |
395.50 |
** |
Asia Malt 50/50 |
285.00 |
348.50 |
316.00 |
386.50 |
308.50 |
377.00 |
322.50 |
394.50 |
EURO = USD 1.2228 June 02, 2010 |
Crop year |
2010 |
Parity |
FOB Antwerp |
Position |
Oct 2010 - Sept 2011 |
Conditioning |
Bulk |
In bags |
Bulk containers |
Bags, containers |
Malting barley variety |
EURO |
USD |
EURO |
USD |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
326.50 |
399.50 |
357.50 |
437.50 |
350.00 |
428.00 |
364.50 |
445.50 |
2RS |
Prestige |
325.50 |
397.50 |
356.50 |
436.00 |
348.50 |
426.50 |
363.00 |
444.00 |
2RS |
Cellar |
324.00 |
396.00 |
355.50 |
434.50 |
347.50 |
425.00 |
361.50 |
442.50 |
2RS |
Sebastien |
323.00 |
394.50 |
354.00 |
433.00 |
346.50 |
423.50 |
360.50 |
441.00 |
2RS |
Tipple |
323.00 |
394.50 |
354.00 |
433.00 |
346.50 |
423.50 |
360.50 |
441.00 |
2RS |
Henley |
323.00 |
394.50 |
354.00 |
433.00 |
346.50 |
423.50 |
360.50 |
441.00 |
2RS |
Average price |
324.00 |
396.00 |
355.50 |
434.50 |
347.50 |
425.00 |
361.50 |
442.50 |
6RW |
Esterel |
302.00 |
369.00 |
333.00 |
407.50 |
325.50 |
398.00 |
339.50 |
415.50 |
* |
Asia Malt 70/30 |
317.50 |
388.00 |
348.50 |
426.50 |
341.00 |
417.00 |
355.00 |
434.50 |
** |
Asia Malt 50/50 |
313.00 |
382.50 |
344.00 |
421.00 |
336.50 |
411.50 |
350.50 |
429.00 |
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
Canadian Malt Prices |
USD = CAD 1.0494, June 02, 2010 |
Theoretical Canadian Malt Prices, Basis Export Position |
Crop 2009 in C$/t | Crop 2010 in C$/t |
2-Row Malt, Domestic | 465.00 | 465.00 |
2-Row Malt, Off Shore | 449.00 | 449.00 |
6-Row Malt, Domestic | 449.00 | 449.00 |
6-Row Malt, Off Shore* | 430.00 | 430.00 |
* rarely traded |
Canadian malt and barley prices as well as US barley prices information provided by
Integrated Malt Barley Management Ltd
Australia Beer Consumption 2007-2009*
Pure Alcohol Available for Consumption |
000 litres of pure alcohol |
2007 |
2008 |
2009 |
Low strength (1.15-3.0) |
5,395 |
4,847 |
4,253 |
Mid strength (3.0-3.5) |
9,336 |
9,535 |
9,865 |
Full strength (>3.5) |
62,159 |
63,717 |
65,308 |
Total |
76,890 |
78,099 |
79,426 |
Apparent Per Capita Consumption (in litres) |
Low strength (1.15-3.0) |
0.32 |
0.28 |
0.24 |
Mid strength (3.0-3.5) |
0.55 |
0.55 |
0.56 |
Full strength (>3.5) |
3.67 |
3.68 |
3.69 |
Total |
4.54 |
4.51 |
4.49 |
*Years ended 30 June; Source: Australian Bureau of Statistics
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."
June 2
1891 Work on trans-Siberian railway begins
1907 Taxis 1st began running in New York City
1977 Trans Alaska oil pipeline completed
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