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Newsletter Summary

Currency rates
Equities of largest breweries
Market prices change trend
Top industry news
Brewery news
Malt news
Barley news
More news
Malting barley prices
Theoretical malt prices
Table of the week
Graph of the week
On These Days
Agenda
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Average market prices
Change trend

August 06 - August 08, 2007
Crop 2006
2rs Barley €197.0-199.0
6rw Barley €170.0-172.0
2rs Malt €418.0-420.0
6rw Malt €383.5-385.5
Crop 2007
2rs Barley €272.0-274.0 1.1%
6rw Barley €241.0-243.0 0.83%
2rs Malt €490.0-492.0 0.82%
6rw Malt €452.0-453.0 0.56%

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 market prices are estimated on FOB Antwerp basis.
The changes are compared to last Newsletter's prices.
Arrows indicate the direction of the change.


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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.

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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

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Other e-malt.com newsletters

Last five E-malt Flashes

See this Newsletter!
Flash 31b, 2007

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Flash 31a, 2007

See this Newsletter!
Flash 30b, 2007

See this Newsletter!
Flash 30a, 2007

See this Newsletter!
Flash 29b, 2007



Market price evolutions

The evolution of market prices for barley and malt, which are periodicaly issued with e-malt.com newsletters are published on e-malt.com site in Market Prices section. Just click here!
Available market price evolutions

See this Evolution!
Malt Market Price Evolution, Crop 2006

See this Evolution!
Canada Average Barley Prices (1983-2008f)

See this Evolution!
Canada Average Barley Prices 1983-2005

See this Evolution!
Canadian Malting Barley Prices vs. Danish 2Row

See this Evolution!
Australia Malting Barley Export Prices 2000-2005

See this Evolution!
Malt Market Price Evolution. Crop 2005

See this Evolution!
French Malting Barley Price Evolution. Crop 2005

See this Evolution!
Malt Market Price Evolution. Crop 2004

See this Evolution!
French Malting Barley Price Evolution. Crop 2004

See this Evolution!
Malt Market Price Evolution. Crop 2003

See this Evolution!
French Malting Barley Price Evolution. Crop 2003


E-malt.com graphs

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

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EU-27 Malt Capacity and Demand (2008)

Open this Graph!
Belgium Beer Production, Export and Consumption (1980 - 2006)

Open this Graph!
World Barley Production (1985/86 - 2007/08f)

Open this Graph!
USA Malt Exports by country of destination 2006 & 2005

Open this Table!
Netherlands Beer Production and Export (1990 - 2006)



The graphs are updated from time to time. Just see the updates online on e-malt.com site!
E-malt.com Tables

We have the pleasure to let you know that 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 Statisctis section.


Last five tables
search in statistics

Open this Table!
EU Malting Barley Supply And Demand Estimate 2007/2008 (2 July 2007)

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Production in the most Important Malting Barley Countries of the EU

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EU Malt Export Licence Fixations

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Australian Barley Supply and Disposal 2001 - 2008f

Open this Table!
Malting Barley Variety Planting in the USA



Note

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E-malt.com Flash 32a
August 06 - August 08, 2007

Quote of the week

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Currency Rates
Base Currency: Euro, EUR
on 08-August-2007

1 EUR = 1.3788 USD
1 EUR = 0.68 GBP
1 EUR = 1.4537 CAD
1 EUR = 1.6104 AUD
1 EUR = 163.635 JPY
1 EUR = 2.6354 BRL
1 EUR = 35.1023 RUB
1 EUR = 10.4502 CNY
Base Currency: US Dollar
on 08-August-2007

1 USD = 0.7253 EUR
1 USD = 0.4932 GBP
1 USD = 1.0543 CAD
1 USD = 1.168 AUD
1 USD = 118.687 JPY
1 USD = 1.9114 BRL
1 USD = 25.459 RUB
1 USD = 7.5793 CNY

EUR/USD Chart

Equities of the Largest Breweries

Top Industry News
UK & Poland: SABMiller's Polish subsidiary announces €65 mil brewer acquisition... Click here

Japan: Kirin, Sapporo cut forecasts as Japan drinks less beer... Click here

Czech Republic: Czech Antitrust Body approves Krusovice takeover by Heineken... Click here

USA: Molson Coors reports higher net income and earnings per share for 2Q 2007... Click here

UK: Scottish & Newcastle announces its interim results for H1 2007... Click here

China & Russia: Baltika brews up expansion plans... Click here

France & Ukraine: Leading malt firm MALTEUROP denies Ukrainian expansion rumours... Click here

World: International brewing companies are watching barley and malt markets nervously... Click here

EU: Barley production would show a slight fall and then a stabilisation at 57.5 mln t in 2014, as per European Commission... Click here

Canada: Barley production to increase by 25% in 2007-2008... Click here

EU: Farmers are using every dry minute to cut their fields... Click here

EU: The latest barley markets by analysts... Click here

More News
Denmark: Carlsberg announces H1 2007 financial statement ... More Info

UK: Scottish & Newcastle plant workers vote for strike ... More Info

Canada: Barley price falls following court's wheat board ruling ... More Info

Romania: Hot weather is as good as football for brewers ... More Info

Russia: Baltika Breweries delivers strong financial results in H1 2007 ... More Info

USA: Most binge drinkers choose beer over liquor ... More Info

Belarus: Syabar Brewing Company poised to get malt import permission ... More Info

Canada: Barley monopoly must end ... More Info

Vietnam: Vietnam beer festival to start on Friday ... More Info

Canada: Judge reversed decision to sell barley to USA ... More Info

USA: Boston Beer reports record second quarter volume and revenue ... More Info

Czech Republic: Forecasted barley harvest down 8.7% against 2006 ... More Info

UK: Scarce barley could shake prices ... More Info

India: Barley production likely to go up ... More Info

UK: Coopers Vintage Ale wins quality drink award ... More Info

UK: Women drinkers are the future of Ale ... More Info

Philippines: San Miguel’s San Fernando Brewery awarded the Silver Ecowatch rating ... More Info


Brewery News

2 UK & Poland: SABMiller's Polish subsidiary announces €65 mil brewer acquisition

SABMiller plc's Polish subsidiary, Kompania Piwowarska S.A. ("KP"), announces that it has agreed to acquire 99.96% of Browar Belgia Sp. z o.o ("Browar Belgia") ...
More Info


0 Japan: Kirin, Sapporo cut forecasts as Japan drinks less beer

Kirin Holdings Co. and Sapporo Holdings Ltd., Japan's No.2 and No.3 beer makers, both lowered their full-year operating profit forecasts citing sluggish demand for beer, Reuters reported August 3.

Their downward revisions followed a forecast cut on Thursday by top brewer Asahi Breweries Ltd., underscoring a bleak outlook for the industry due to a declining population and a consumer shift to cheaper beer-like beverages.

Kirin said it now expects to post a group operating profit of 117 billion yen ($982 million)in the year to next March, down 3 percent from its previous forecast of 120 billion yen. The market consensus in a poll of 12 analysts by Reuters Estimates was also 120 billion yen.

Kirin has tried to reduce its reliance on the domestic beer market by diversifying its business portfolio and investing overseas, but its pharmaceuticals unit and overseas operations have failed to pick up the slack.

The maker of "Kirin Lager" and "Tanrei" said its domestic sales of beer and beer-like drinks declined 2.7 percent in volume terms during January-June, underperforming the industry, which suffered a drop of 1.9 percent.

Kirin said a big push by beer makers to launch new products may have backfired.

"There were as ...
More Info


0 Czech Republic: Czech Antitrust Body approves Krusovice takeover by Heineken

Czech antitrust office UOHS said it has approved the takeover of Czech Krusovice Brewery by Heineken NV (HINKY), paving the way for the Dutch brewer to boost its Czech market share and add a local premium brand, Dow Jones & Company, Inc. reported August 7.

Heineken currently operates in the Czech market through its Austrian subsidiary Brau-Union AG. After the Krusovice takeover, Heineken's market share will be 8% from 5% currently.

It is buying Krusovice, locally known as the Royal Brewery of Krusovice founded in 1517, from German Radeberger Gruppe KG brewer.

Krusovice currently accounts for about 3% of domestic beer sales and brews some of the oldest Czech beer brands.

No financial details of the transaction were disclosed.

The Czech domestic beer market is dominated by Plzensky Prazdroj, a local unit of SABMiller PLC (SAB.JO), and Pivovary Staropramen AS, a unit of InBev (INB.BT).

With its latest acquisition Heineken is set to become the Czech market's fourth-largest brewer, after state-owned Budejovicky Budvar NP. Heineken already holds a significant Slovak domestic market share.


2 USA: Molson Coors reports higher net income and earnings per share for 2Q 2007

Molson Coors Brewing Company reported higher consolidated sales volume, net income and earnings per share for the Company's fiscal 2007 second quarter, in a ...
More Info


2 UK: Scottish & Newcastle announces its interim results for H1 2007

Scottish & Newcastle announces its interim results for the six months to 30 June 2007, in a press release, August 7.

Current trading and outlook

We ...
More Info


2 China & Russia: Baltika brews up expansion plans

Russia's largest brewer Baltika plans to double its sales in China this year, with projected growth of 10 times that figure over the next ...
More Info

Malt News

0 France & Ukraine: Leading malt firm MALTEUROP denies Ukrainian expansion rumours

Leading malt producer MALTEUROP group, via its Ukrainian subsidiary MALTEUROP Ukraine, is reportedly planning to invest in a new malt factory in the Vinnitsya region, according to Flexnews, August 7.

According to reports in the Russian press, the company is considering investing 30 million euro in the facility.

The funds would also be used to build a barley elevator. Once completed the plant would have a capacity to produce 100,000 tons of malt per year, said the reports.

After having been contacted by Flexnews, MALTEUROP Ukraine said that it did not want to comment on the rumours circulating in the Russian press.

However, a company spokesperson did say “MALTEUROP Group is a multinational company and is considering and analyzing many opportunities worldwide to extend capacities and obviously Ukraine could be one option for it”.

The spokesperson added that no concrete project exists for the time being and there has been no decision made regarding expansion as of yet.

Established in 1999, MALTEUROP Ukraine is the largest malting company in Ukraine with an annual production capacity of 160,000 tons. More than 80% of its production goes to the domestic market whereas the remaining 20% is exported to CIS countries. The company has 2 malt ...
More Info


2 World: International brewing companies are watching barley and malt markets nervously

Malt markets in July were active in different ways, market analysts commented. Domestic EU business for crop 2007 malt was limited, as most brewers ...
More Info

Barley News

2 EU: Barley production would show a slight fall and then a stabilisation at 57.5 mln t in 2014, as per European Commission

The low world cereal harvest in 2006/07 and the steady rise in global cereal consumption led to extremely high cereal prices close to those ...
More Info


0 Canada: Barley production to increase by 25% in 2007-2008

Barley production for 2007-08 is forecast by Agriculture and Agri-Food Canada (AAFC) to increase by 25% to 12.0 Mt, close to the 10-year average, due to a larger seeded area, according to Grains and Oilseeds Outlook, August 7. Supply is expected to increase by 5% due to significantly lower carry-in stocks.

Exports are forecast to rise sharply, while domestic use is expected to be marginally higher. Carry-out stocks are projected to decrease by 13%. The average off-Board feed barley price (No. 1 CW I/S Lethbridge) is forecast to remain at a historically high level, but average marginally lower than in 2006-07, as the increased supply and strength of the Canadian dollar is expected to more than offset the support of slightly higher US corn prices.


2 EU: Farmers are using every dry minute to cut their fields

Weather improved somewhat and only temporarily, but farmers are using every dry minute to cut their fields, analysts’ report published on August 1st . ...
More Info


2 EU: The latest barley markets by analysts

Markets are: French 2rs barley, basis July FOB Creil EUR 275, FOB Moselle 285, 6rw barley EUR 30 - 35 lower. Danish and U.K. ...
More Info


Malting barley prices. French barley prices.
Nominal prices.

nq - Not quoted
Prices for Danish malting barley are available on site www.e-malt.com/MarketPrices

Theoretical malt prices.
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

Theoretical malt prices for crop 2007 are available on site www.e-malt.com/MarketPrices

Table of the week

EU Malt Export Licence Fixations

Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph of the week
These Days in Business History
August 6
1661 Holland sells Brazil to Portugal for 8 million guilders.
1945 Hiroshima Peace Day-atom bomb dropped on Hiroshima by "Enola Gay".
1990 UN Security Council votes 13-0 (2 abstentions Cuba & Yemen) to place economic sanctions against Iraq.

August 7
1888 Theophilus Van Kannel of Philadelphia patents revolving door
1928 The dollar shrinks, literally: the US Treasury unveiled a new version of the note that was one third smaller than its predecessor
1959 Explorer 6 transmits 1st TV photo of Earth from space

August 8
1709 1st known ascent in hot-air balloon, Bartolomeu de Gusmao (indoors)
1876 Thomas Edison patents mimeograph (stencil duplicator or the printing machine)
1896 The Dow Jones Industrial Average, less than three months old, hits the lowest level ever recorded: 28.48, down 30.5% in just ten weeks.
Agenda
August 2007:
Qingdao International Beer Festival, China
International Berlin Beer Festival
Great British Beer Festival
1st International Brewers Symposium Hop Flavor and Aroma
Great Japan Beer Festival 2007 in Osaka
Brew Drinks China 2007
The 13th Australian Barley Technical Symposium, Australia


September 2007:
Belgian Beer Weekend
Great Canadian Beer Festival
Great British Beer Festival
WBA Associate in Brewing Technology Program in Chicago
WBA International Diploma in Brewing Technology Program Chicago & Munich Campuses
WorldFood Moscow


October 2007:
The International Brewing Convention 2007 , UK
Newport International Oktoberfest, USA
World Beer Festival Durham , USA
Tasting Australia
2007 Master Brewers Association of the Americas Convention


November 2007:
The International Hop Growers’ Convention (IHGC) Meetings, Germany
International convention for the drink technology and PET industry, India

More events are available on site e-malt.com