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E-Malt.com Flash 07b
February 14 - February 17, 2008
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Currency Rates
Base Currency: Euro, EUR
on 15-February-2008

1 EUR = 1.4595 USD
1 EUR = 0.7422 GBP
1 EUR = 1.4557 CAD
1 EUR = 1.6186 AUD
1 EUR = 157.925 JPY
1 EUR = 2.5525 BRL
1 EUR = 35.9661 RUB
1 EUR = 10.5073 CNY
Base Currency: US Dollar
on 15-February-2008

1 USD = 0.6852 EUR
1 USD = 0.5085 GBP
1 USD = 0.9974 CAD
1 USD = 1.1089 AUD
1 USD = 108.203 JPY
1 USD = 1.7488 BRL
1 USD = 24.6419 RUB
1 USD = 7.199 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
February 15, 2008
Type Crop 2007 Crop 2008
2rs Barley €295.0-297.0 3.58% €291.0-293.0 1.35%
6rw Barley €258.0-260.0 1.89% €252.0-254.0
2rs Malt €555.5-557.5 1.68% €535.5-537.5 0.92%
6rw Malt €509.0-511.0 0.49% €486.5-488.5
Feed Barley €197.0-199.0   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

Singapore: Asia Pacific Breweries reports a healthy profit growth for FY first quarter ended December 2007 ...Click here
Japan: Beer, quasi-Beer shipments up 11.9% in January 2008 ...Click here
Australia: Foster's expected to report its slowest profit growth in several years ...Click here
UK: Beer tax rise will create "black hole" ...Click here
Ireland: Greencore Group overall portfolio performed very well in 2007 driven by its malt division ...Click here
Germany: German malt production expected higher in 2007/08 y/y ...Click here
France & India: France looks to sell malting barley to India ...Click here
Canada: Barley growers closer to new export markets due to WTO ...Click here
Brazil, Argentina & Uruguay: Barley surplus may reach 250,000 tonnes ...Click here
Europe: Barley market affected by the decrease of other grains ...Click here




UK: Robust Diageo expects to hit 2008 forecasts, shares rise ...More Info
Russia: Russians prefer beer to wine ...More Info
Canada: Northern Breweries fined $100,000 for ammonia leak in the atmosphere ...More Info
Netherlands: EU inquiry deadline for Heineken buy of Scottish & Newcastle assets is March 18 ...More Info
USA: Coors, Miller consider joint HQ in Dallas ...More Info
USA: Anheuser-Busch donates $100,000 to Red Cross for tornado relief ...More Info
USA & Canada: Molson Coors announces the results and pricing of its subsidiary's tender offer for 6.375% senior notes due 2012 ...More Info
Canada: Malster MaltBroue will receive 25,000 C$ from Government to develop 3 special malts ...More Info
Ukraine: In 2007 agrarians sold barley at average price of 84.9% higher than in 2006 ...More Info
Australia: Victorian, NSW & South Australian barley pools unchanged ...More Info
Go to our news database with more than 12183 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Singapore: Asia Pacific Breweries reports a healthy profit growth for FY first quarter ended December 2007
Asia Pacific Breweries Ltd (APB) began the new financial year with a healthy profit growth for the first quarter ended on 31 December 2007, ...More Info

Japan: Beer, quasi-Beer shipments up 11.9% in January 2008
Beer and quasi-beer shipments in Japan rose sharply in January, thanks to last-minute demand ahead of price hikes in February by Kirin Brewery Co. ...More Info

Australia: Foster's expected to report its slowest profit growth in several years
Foster's Group, Australia's biggest alcoholic drinks company, is expected to report its slowest profit growth in several years as local beer sales and U.S. ...More Info

UK: Beer tax rise will create "black hole"
MPs have been warned of a “black hole” that will be created by raising tax on beer in next month’s Budget, The Publican reported ...More Info

Malt News

Ireland: Greencore Group overall portfolio performed very well in 2007 driven by its malt division
Greencore Group Plc ('Greencore' or 'the Group'), one of Europe's leading convenience food and malt producers, issues the following interim management statement which the ...More Info

Germany: German malt production expected higher in 2007/08 y/y
German barley malt production was 638.000 tons in July – October, which will add up to a total of 1,92 Mill. tons for the ...More Info

Barley News

France & India: France looks to sell malting barley to India
France is looking at India to export wheat, if this year’s crop turns out to be good and prices are competitive, and malting barley, ...More Info

Canada: Barley growers closer to new export markets due to WTO
Alberta's barley growers say they are a step closer to new export markets after the World Trade Organization addressed concerns over trade-distorting domestic supports, ...More Info

Brazil, Argentina & Uruguay: Barley surplus may reach 250,000 tonnes
Brazil has a large barley deficit of 270.000 tons, Uruguay harvested just enough barley for their own malting needs, the Argentinean crop came out ...More Info

Europe: Barley market affected by the decrease of other grains
Malting barley market is affected by the decrease in the price of other grains, according to la Depeche, February 14. The trade activity was ...More Info
Scientific Digest

Effect of spring barley protection on the production of Fusarium spp. mycotoxins in grain and malt using fungicides in field trials

M. Váňová1, J. Hajšlová(2), P. Havlová(3), P. Matušinsky(1), K. Lancová(2), D. Spitzerová(1)
(1) Agricultural Research Institute Kroměříž, Ltd., Czech Republic (2) Institute of Chemical Technology, Prague, Czech Republic (3) Research Institute of Brewing and Malting, Brno, Czech Republic

Abstract
The effects of different fungicides in four-year trials with a susceptible variety of spring barley, which was grown in field conditions with two previous crops (sugar beet and corn) and artificially inoculated with spores of Fusarium, were investigated. Field trials were laid down in plots of the Agricultural Research Institute Kroměříž, Ltd. (235 m above sea level, average annual temperature 8.7°C, annual precipitation sum 599 mm) in 2000–2003. The variety Kompakt, which was very sensitive to Fusarium head blight (FHB) in other trials, was used in all the trials examined. Incidence and severity of FHB and control with fungicides were measured by deoxynivalenol (DON) contamination of grain and malt. The content of Fusarium trichothecenes was evaluated in one fraction of kernels (diameter 2.5 mm) which is used in malting technology process. In 2000 and 2001, the treatments without adjuvants were applied. In the following two years, Silwet L-77 adjuvant (0.1 l/ha) was used with different rates of water (250 and 150 l/ha in 2002 and 2003, respectively). In all years, DON content increased in most cases a��er the grain samples were malted. The conditions of high grain moisture, moderate temperature and high relative humidity provide an ideal environment for Fusarium growth during germination. The greatest reduction of mycotoxins was achieved using a combination of azole fungicides with tebuconazole or metconazole or a mixture of metconazole + famoxadone + flusilazole with the addition of Silwet L-77 and a low rate of water.
... Load full article, 9 pages, 618 Kb, PDF file

Malting barley prices.

Prices for Danish malting barley are available
on site www.e-malt.com/MarketPrices

Theoretical malt prices

Theoretical malt prices (Crop 2007, Crop 2008).


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

French Malting Barley Price Evolution, Crop 2007

Source: E-malt.com

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


Source: Agriculture and Agri-Food Canada

These Days in Business History

February 14
1794 1st US textile machinery patent granted, to James Davenport
1924 IBM Corporation founded by Thomas Watson
1946 Bank of England nationalized
1946 John W. Mauchly and J. Presper Eckert, Jr., officially unveil their Electronic Numerical Integrator and Computer, performing 5,000 additions and 300 multiplications per second and weighing more than 30 tons

February 15
1946 Bank of England nationalized
1955 1st pilot plant to produce man-made diamonds announced
1995 Dow-Jones closes at record 3986.17

February 16
1978 1st Computer Bulletin Board System (Ward and Randy's CBBS, Chicago)
1990 Cisco Systems, Inc. goes public on NASDAQ, selling 2.8 million shares at an initial offering price of $18 per share
1998 Tellabs Inc. acquires Coherent Communications Systems for $670 million

February 17
1878 Silver dollar became U.S. legal tender
1986 1st Francophone Summit convenes at Versailles
1989 Egypt, Iraq, Jordan and North Yemen form common market
Agenda