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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 04-June-2010
1 EUR = 1.224 USD 1 EUR = 0.8354 GBP 1 EUR = 1.2719 CAD 1 EUR = 1.4475 AUD 1 EUR = 113.238 JPY 1 EUR = 2.2293 BRL 1 EUR = 38.0177 RUB 1 EUR = 8.3723 CNY
| Base Currency: US Dollar on 04-June-2010
1 USD = 0.8171 EUR 1 USD = 0.6823 GBP 1 USD = 1.0391 CAD 1 USD = 1.1825 AUD 1 USD = 92.52 JPY 1 USD = 1.8213 BRL 1 USD = 31.0597 RUB 1 USD = 6.84 CNY
| |
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: Analysts doubt SABMiller will get dragged into bidding war for Foster’s
...Click here
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Thailand: ThaiBev expects to remain profitable despite political unrest
...Click here
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United States: Latest beer statistics from Beer Institute still not showing positive trends
...Click here
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Romania: Ursus Breweries gains bigger market share despite drop in sales last year
...Click here
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Ukraine: Barley production to reach 11 mln tonnes this year
...Click here
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Sri Lanka: Lion Brewery reports successful year to March 2010, to expand capacity by 30%
...More Info
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Hungary: Borsodi brewery reports profit in 2009 after HUF 1 bln loss in 2008
...More Info
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United States: AB InBev wants the rights of small brewers in Illinois
...More Info
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Russia: Highest beer consumption seen in Moscow and St. Petersburg
...More Info
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South Africa: SAB planning to capitalise on the massive future of kegged beer
...More Info
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South Korea: Oriental Brewery’s owners seeking funds to refinance the loans for its purchase
...More Info
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Venezuela: Polar brewery workers demand ask the government let them ‘work in peace’
...More Info
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World: Analysts doubt SABMiller will get dragged into bidding war for Foster’s
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SABMiller, the world's second-biggest brewer by volume, is unlikely to buy Foster's Group's beer assets amid low growth opportunities in Australia and abroad, Bloomberg cited analysts’ opinion on June, 2.
"It's very unlikely that SABMiller will get dragged into a bidding war" if another brewer was willing to pay about $10 billion for Foster's beer assets, said analysts including Trevor Stirling at Sanford C Bernstein in London.
Low growth in Australia, where Foster's has the biggest beer market share - 49 percent - and limited opportunities outside the country made a deal less likely, the Bernstein analysts wrote in a note. SABMiller owns the rights to brew Foster's beer in the US and India, while Heineken owns the European rights.
Foster's, Australia's biggest liquor maker, said last week that it will separate its wine business after a grape glut in the country and the US recession cut earnings.
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Thailand: ThaiBev expects to remain profitable despite political unrest
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Thailand’s leading brewer Thai Beverage (ThaiBev) expects to remain profitable this year despite the recent political unrest in Bangkok, Channel News Asia reported on June, 2.
The brewer claims its beer business depends on home consumption which remained unaffected by the riots.
Assuming that political unrest does not surface again, it expects to benefit from the upcoming World Cup season, a company spokesperson is quoted as saying.
The company said beer consumption during this period could increase by up to 30 per cent over normal consumption levels.
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Australia: Foster’s beer eyed from China - sources
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Foster’s beer division is of interest to China’s Tsingtao Brewery whereas Bright Foods, a Chinese food and beverage conglomerate, is taking a look at the Australian company’s wine and beer assets, Mergermarket cited companies sources on June, 3.
Foster's Group’s beer division could attract takeover bids of up to $10 billion from suitors, it has been reported.
Bright Food is currently studying both wine and beer assets but has not decided to buy either yet, a company source is quoted as saying.
Tsingtao Brewery, one of the biggest players in China, is interested in hearing more about the beer unit of Foster’s, said a company source. The brewer, 20% held by Asahi Breweries, has not seriously considered whether or not it would bid, he added. No advisors have pitched Tsingtao so far.
However, a China-based FMCG analyst was sceptical about whether Tsingtao could generate synergies via an acquisition of an overseas counterpart. Tsingtao, known for its intention to expand its international market share, might find it difficult to manage an Australian company due to the cultural differences.
SABMiller, the UK-listed world’s No. 2 brewer, is likely to take a look at Foster’s beer business, said an industry insider, but it remains unclear
...More Info
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United States: Latest beer statistics from Beer Institute still not showing positive trends
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US brewers produced a total of 57.1 bln barrels in January – April 2010, The Beer Institute communicates.
The Beer Institute’s unofficial national brewer production estimate indicates a decrease of 5.0% in taxable removals of 15,100,000 barrels in April 2010 compared to 15,895,000 barrels in April 2009. Domestic taxable removals (also known as Tax Paid Removals) measure the amount of beer shipped from domestic brewers to distributors within the U.S. market
The United States Department of Commerce reports total imports of malt beverages from all countries for the month of March 2010 decreased 0.5% to 2,488,235 compared to March 2009 total barrels of 2,501,670.
The United States Department of Commerce reports total commercial exports of malt beverages to all countries for the month of February 2010 at 169,395 barrels compared to February 2010 commercial exports of 197,693 barrels.
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Romania: Ursus Breweries gains bigger market share despite drop in sales last year
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Romania’s Ursus Breweries said its share of the nation’s beer market reached 32% last year, up 4% versus 2008, Ziarul Finaciar reported on June, 2.
The major contribution to the share gain was seen from the Timisoreana beer brand, Ursus said.
The company’s sales, however, dropped by 13% last year, whereas the total market shrunk by more than 15%.
SABMiller’s subsidiary claims it did not cut its promotion expenses last year.
“Romania’s beer market will not fall so much this year as it did in 2009, but it is difficult to make any precise estimates for the next six-eight months,” the company added.
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United Kingdom: Cobra beer now brewed in Burton
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A year after Molson Coors announced an historic tie-up with Cobra Beer –one of the fastest growing beer brands in the UK – the first bottles to be produced at the mammoth Burton brewery rolled off the production line on June, 2, Burton Mail reported on June, 3.
Cobra’s founder, Lord Bilimoria, said he was ‘proud’ to see the beer he launched 20 years ago brewed in Burton, and said the production of an Indian beer meant the town had ‘come full circle’ as it was the home of India Pale Ale, once shipped out to quench the thirst of expats in India in the days of the British Raj.
Adrian Davey, who moved from his job at the head of Molson Coors’ off-trade division to become the new managing director of Cobra, said the beer’s arrival in town was a boost to Burton’s status as a global brewing centre.
He said: “There’s been an immense amount of work over the past year, taking Cobra from a beer produced in a variety of locations across Europe to one brewed, kegged and packaged in one place.
“Our partnership has had a great first year as we’ve brought the best of both businesses together. It’s excellent
...More Info
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Ukraine: Barley production to reach 11 mln tonnes this year
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Ukrainian analysts expect the nation’s barley production to total 11 – 11.5 mln tonnes in 2010, RBC-Ukraine communicated on June, 3.
The Ministry of Agrarian Policy of Ukraine said the country’s barley exports in the current 2009/10 marketing year have totalled 5.8 mln tonnes.
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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 1.224 June 04, 2010 |
Crop year |
2009 |
2010 |
Parity |
FOB Creil |
FOB Creil |
Position |
July 2009 |
July 2010 |
Type |
Variety |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
108.00 |
132.50 |
141.00 |
172.50 |
2RS |
Prestige |
107.00 |
131.00 |
140.00 |
171.50 |
2RS |
Cellar |
106.00 |
130.00 |
139.00 |
170.50 |
2RS |
Sebastien |
105.00 |
128.50 |
138.00 |
169.00 |
2RS |
Tipple |
105.00 |
128.50 |
138.00 |
169.00 |
2RS |
Henley |
105.00 |
128.50 |
138.00 |
169.00 |
6RW |
Esterel |
101.00 |
124.00 |
122.00 |
149.50 |
Nominal French Feed Barley Prices
EURO = USD 1.224 June 04, 2010 |
Crop year |
2009 |
Parity |
FOB Creil |
Position |
July 2009 |
Type |
EURO |
USD |
Feed Barley |
94.00 |
115.06 |
Canadian Barley Prices |
USD = CAD 1.0391, June 04, 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$/t |
Feed Barley, Basis Lethbridge non board | 150.00 | nq |
* rarely traded |
US Barley Prices, Crop 2009 |
USD = EUR 0.8171, June 04, 2010 |
Malting Barley Prices | in US$/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 1.224 June 04, 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 |
291.00 |
356.50 |
322.50 |
394.50 |
314.50 |
385.00 |
329.00 |
402.50 |
2RS |
Prestige |
290.00 |
354.50 |
321.00 |
393.00 |
313.50 |
383.50 |
327.50 |
401.00 |
2RS |
Cellar |
288.50 |
353.50 |
320.00 |
391.50 |
312.00 |
382.00 |
326.50 |
399.50 |
2RS |
Sebastien |
287.50 |
351.50 |
318.50 |
390.00 |
311.00 |
380.50 |
325.00 |
398.00 |
2RS |
Tipple |
287.50 |
351.50 |
318.50 |
390.00 |
311.00 |
380.50 |
325.00 |
398.00 |
2RS |
Henley |
287.50 |
351.50 |
318.50 |
390.00 |
311.00 |
380.50 |
325.00 |
398.00 |
2RS |
Average price |
288.50 |
353.50 |
320.00 |
391.50 |
312.00 |
382.00 |
326.50 |
399.50 |
6RW |
Esterel |
282.50 |
345.50 |
313.50 |
384.00 |
306.00 |
374.50 |
320.50 |
392.00 |
* |
Asia Malt 70/30 |
286.50 |
351.00 |
318.00 |
389.00 |
310.50 |
379.50 |
324.50 |
397.00 |
** |
Asia Malt 50/50 |
285.50 |
349.50 |
316.50 |
387.50 |
309.00 |
378.50 |
323.50 |
395.50 |
EURO = USD 1.224 June 04, 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 |
428.50 |
364.50 |
445.50 |
2RS |
Prestige |
325.50 |
398.00 |
356.50 |
436.50 |
348.50 |
427.00 |
363.00 |
444.50 |
2RS |
Cellar |
324.00 |
396.50 |
355.50 |
434.50 |
347.50 |
425.50 |
361.50 |
442.50 |
2RS |
Sebastien |
323.00 |
395.00 |
354.00 |
433.50 |
346.50 |
424.00 |
360.50 |
441.50 |
2RS |
Tipple |
323.00 |
395.00 |
354.00 |
433.50 |
346.50 |
424.00 |
360.50 |
441.50 |
2RS |
Henley |
323.00 |
395.00 |
354.00 |
433.50 |
346.50 |
424.00 |
360.50 |
441.50 |
2RS |
Average price |
324.00 |
396.50 |
355.50 |
434.50 |
347.50 |
425.50 |
361.50 |
442.50 |
6RW |
Esterel |
303.00 |
371.00 |
334.50 |
409.00 |
326.50 |
399.50 |
341.00 |
417.00 |
* |
Asia Malt 70/30 |
317.50 |
389.00 |
349.00 |
427.00 |
341.50 |
417.50 |
355.50 |
435.00 |
** |
Asia Malt 50/50 |
313.50 |
383.50 |
344.50 |
422.00 |
337.00 |
412.50 |
351.50 |
430.00 |
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 1.0391, June 04, 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
June 3
1748 Amsterdam establishes municipal postal service
1903 Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
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
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.
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