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E-Malt.com Flash 09a
February 25 - February 27, 2008
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Quote of the week

"Corporation: An ingenious device for obtaining profit without individual responsibility."
Ambrose Bierce

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Currency Rates
Base Currency: Euro, EUR
on 27-February-2008

1 EUR = 1.4852 USD
1 EUR = 0.7539 GBP
1 EUR = 1.4751 CAD
1 EUR = 1.6003 AUD
1 EUR = 160.222 JPY
1 EUR = 2.5229 BRL
1 EUR = 36.1996 RUB
1 EUR = 10.6427 CNY
Base Currency: US Dollar
on 27-February-2008

1 USD = 0.6733 EUR
1 USD = 0.5076 GBP
1 USD = 0.9932 CAD
1 USD = 1.0775 AUD
1 USD = 107.88 JPY
1 USD = 1.6987 BRL
1 USD = 24.3729 RUB
1 USD = 7.1656 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
February 27, 2008
Type Crop 2007 Crop 2008
2rs Barley €283.0-285.0 1.73% €283.0-285.0 1.05%
6rw Barley €252.0-254.0 0.39% €248.0-250.0
2rs Malt €541.0-543.0 1.09% €526.0-528.0 0.66%
6rw Malt €501.5-503.5 0.30% €482.0-484.0
Feed Barley €196.0-198.0 0.5% 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

UK & USA: Market awaits Anheuser-Busch move for S&N ...Click here
World: Experts forecast another redistribution of world beer market ...Click here
Czech Republic & USA: Czech brewer Budvar boosts its U.S. export by 37 percent due to deal with Anheuser-Busch ...Click here
Romania: Beer sales amounted 1 billion euro in 2007 ...Click here
Japan: Sapporo rejects Steel Partners $1.43 billion takeover bid ...Click here
Belarus: Baltika Breweries sales up 29% in 2007 ...Click here
Canada: Malting barley prices expected to increase in 2008-09 ...Click here
Ukraine: January barley sales down 31.4%, to 32,224 MT ...Click here
USA: Malting barley growers eye exports as beer consumption slumps in U.S. ...Click here
Japan: Kirin Brewery jointly purchasing hops with Aussie Beer Company ...Click here




USA: Craft beer sales rise 16.7% in 2007 ...More Info
Netherlands: Heineken facing 2.6 million euro damages claim from bankrupt events bureau ...More Info
USA: Granite City Food & Brewery Q4 2007 net loss widens ...More Info
India: SABMiller affirmed at 'BBB+/F2' with stable outlook ...More Info
Serbia & Kosovo: Kosovo Trust Agency privatizing the Old Brewery site in Peja ...More Info
India: Asia Pacific Breweries launches new beer ...More Info
Russia: Ochakovo Brewery fined with 100,000 rubles for river pollution ...More Info
Australia: Australia's top beer revealed at Sydney Royal Beer Competition ...More Info
Canada: Federal Government's appeal on barley marketing is rejected ...More Info
Japan & USA: U.S. barley growers received the largest market share in Japan ...More Info
Australia: South Australia farmers create co-operative to market their barley on deregulated market ...More Info
Go to our news database with more than 12245 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

UK & USA: Market awaits Anheuser-Busch move for S&N
US brewing giant Anheuser-Busch (A-B) is said to be putting together a rival bid for Scottish & Newcastle (S&N), The Publican reported February 25.

Press ...More Info

World: Experts forecast another redistribution of world beer market
The world is to confront with another redistribution of beer market initiated by the beer giants Heineken and Carlsberg, the media reported February 25. ...More Info

Czech Republic & USA: Czech brewer Budvar boosts its U.S. export by 37 percent due to deal with Anheuser-Busch
The Czech state-owned brewery Budejovicky Budvar NP, which has been fighting a long legal battle with Anheuser-Busch over the Budweiser brand, said it boosted ...More Info

Romania: Beer sales amounted 1 billion euro in 2007
Beer sales in Romania amounted more than 1 billion euro in 2007 which is 25% more than in 2006, Wall-Street reported February 26.

Romanian beer ...More Info

Japan: Sapporo rejects Steel Partners $1.43 billion takeover bid
Sapporo Holdings Ltd., Japan's third-largest beermaker, rejected a 155 billion yen ($1.43 billion) offer from Warren Lichtenstein's Steel Partners after a yearlong takeover battle, ...More Info

Belarus: Baltika Breweries sales up 29% in 2007
Baltika Breweries reported a 29% increase in beer sales in Belarus for 2007, according to media. The sales volume was of 0.5 million hectolitres, ...More Info

Barley News

Canada: Malting barley prices expected to increase in 2008-09
The CWB released its first Pool Return Outlook (PRO) for the 2008-09 crop year, in a media release, February 25.

Malting barley

Malting barley prices are ...More Info

Ukraine: January barley sales down 31.4%, to 32,224 MT
As to State Statistics Committee, within this year January agricultural companies have reduced barley sales to 32,224 MT, down 14,738 MT (- 31.4%) against ...More Info

USA: Malting barley growers eye exports as beer consumption slumps in U.S.
U.S. malting barley growers have faced the sobering reality of flat beer consumption for years now, Capital Press reported February 27.

In the United States, ...More Info

Hops News

Japan: Kirin Brewery jointly purchasing hops with Aussie Beer Company
Japan's Kirin Brewery Co. has started joint purchase of hops with an Australian beer company in a move to procure a stable supply of ...More Info
Scientific Digest

Importance of Endosperm Modification for Malt Wort Fermentability

M. J. Edney, J. K. Eglinton, H. M. Collins3, A. R. Barr, W. G. Legge, and B. G. Rossnagel


Abstract
J. Inst. Brew. 113(2), 228–238, 2007 Malt wort fermentability is dependent on an adequate supply of the essential nutrients required by yeast. The barley and malt factors affecting this supply of nutrients are not well understood. This study used two doubled haploid populations (Arapiles × Franklin, TR251 × HB345), the latter with a hulless barley parent, to investigate effects of barley and malt quality on fermentability. Populations were grown and malted at different locations resulting in a broad range in malt quality with significant differences in extract, modification and enzyme levels. Fermentability, as indicated by apparent attenuation limit and ethanol levels, also showed significant differences among samples. Modification was the most important factor for good fermentability. There appeared to be several different mechanisms by which modification affected fermentability. High viscosities, slow starch release during mashing, increased glucose supply from better b-glucan breakdown and increased free amino nitrogen levels all affected fermentability. Effects of starchdegrading enzymes on fermentability became more significant in better modified malts with a-amylase showing stronger effects than diastatic power. The poorer fermentability of hulless barley malt was predominately due to low levels of a-amylase, although, free amino nitrogen also appeared to be an important factor. Key words: Barley, hulless, b-glucan, ethanol, fermentable sugars, free amino nitrogen.
... Load full article, 10 pages, 478 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

Table of the week
World Barley Supply and Demand
Table of the week. Make it clear - Membership for one year is 169 EUR.
Source: USDA, February 2008

Graph Of The Week



These Days in Business History
February 25
1791 1st Bank of U.S. chartered
1837 1st U.S. electric printing press patented by Thomas Davenport
1862 Paper currency introduced in U.S. by President Abraham Lincoln

February 26
1848 2nd French Republic proclaimed
1907 Royal Oil and Shell merge to form British Petroleum (BP)
1995 Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy

February 27
1557 1st Russian Embassy opens in London, Russia and U.S. sign trade agreement
1990 Exxon Corp and Exxon Shipping are indicted on 5 criminal counts
1998 Apple discontinues developing Newton computer
Agenda