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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 Statistics section.

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E-Malt.com Flash 27b
July 03 - July 06, 2008
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Currency Rates
Base Currency: Euro, EUR
on 04-June-2008

1 EUR = 1.5529 USD
1 EUR = 0.7903 GBP
1 EUR = 1.5568 CAD
1 EUR = 1.6255 AUD
1 EUR = 162.456 JPY
1 EUR = 2.5266 BRL
1 EUR = 36.8548 RUB
1 EUR = 10.7709 CNY
Base Currency: US Dollar
on 04-June-2008

1 USD = 0.644 EUR
1 USD = 0.5089 GBP
1 USD = 1.0025 CAD
1 USD = 1.0467 AUD
1 USD = 104.622 JPY
1 USD = 1.6271 BRL
1 USD = 23.7332 RUB
1 USD = 6.9361 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

July 04, 2008

Type Crop 2007 Crop 2008
2rs Barley nq €246.0-248.0 0.40%
6rw Barley nq €219.0-221.0 0.90%
2rs Malt €530.5-532.5 €492.5-494.5 0.20%
6rw Malt €497.5-499.5 €458.5-460.5 0.43%
Feed Barley €175.0-177.0 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

Ukraine: SABMiller plc completes the acquisition of Sarmat Brewery ...Click here
USA: Anheuser-Busch fights shareholder lawsuits ...Click here
Belgium: InBev hires managers for stock sale to fund Anheuser-Busch bid ...Click here
Germany: Beer prices going up influenced by higher energy and raw materials costs ...Click here
Vietnam: Gannon Group to build a $90 million brewery ...Click here
UK: Greene King has become the UK's largest listed brewer reporting a rise in annual profits despite challenges ...Click here
China: Yanjing Brewery wins the green light for private share sale ...Click here
World: It is not easy at this moment to make a clear forecast on malt prices for the new campaign ...Click here
Europe: Prospects are favourable for a good crop of malting barley, analysts said ...Click here
Canada: Barley outlook 2008-2009 pessimistic ...Click here
EU: With the French and German barley harvest under way and the UK expecting to start next week, traders are optimistic ...Click here

Romania: Bere Azuga invests EUR 20 M in beer and still water production facilities ...More Info
USA: The merger of Redhook Ale Brewery and Widmer Brothers Brewing completed forming Craft Brewers Alliance, Inc ...More Info
Philippines: San Miguel first five months’ net profit surpasses full-yr 2007 ...More Info
UK: Brahma brushed aside for Inbev Stella drive ...More Info
Uganda: Nile Breweries to build a new $28m brewing line ...More Info
Singapore: Asia Pacific Breweries CEO resigns ...More Info
UK: SABMiller reinitiated with "hold" ...More Info
Kenya: Beer and cigarettes the key contributions to country’s economic growth ...More Info
Estonia: Commercials don’t influence beer consumption ...More Info
Nigeria: Nigerian Breweries donates N.5m to host community ...More Info
Australia: Disease destroys South Australian barley crops ...More Info
Go to our news database with more than 13048 articles.
Today with the possibility to be translated in 7 different languages!

Brewery News

Ukraine: SABMiller plc completes the acquisition of Sarmat Brewery
SABMiller plc announced on July 4th that, following recent approval from the Ukrainian competition authorities, it has now completed the acquisition of 99.84% interest ...More Info

USA: Anheuser-Busch fights shareholder lawsuits
Attorneys for Anheuser-Busch Cos. argued Wednesday, July 2nd, that two shareholder lawsuits in the brewer's hometown should be suspended while a Delaware judge considers ...More Info

Belgium: InBev hires managers for stock sale to fund Anheuser-Busch bid
Belgian brewer InBev hired JPMorgan Chase & Co., BNP Paribas and Deutsche Bank AG as lead managers for a stock sale to help fund ...More Info

Germany: Beer prices going up influenced by higher energy and raw materials costs

With rising energy costs and the increased price of hops and malt, German breweries have been spending some 8 percent more to make their products, said German Brewery Federation chief Peter Hahn on July 2nd, according to Associated Press.

That will now be passed on to the consumer, with price hikes in the range of 50 euro cents (80 U.S. cents) to €1 (US$1.60) per case of 20 beers, Hahn said.

He added that further increases could not be ruled out, if the price of energy and raw materials continues to rise.

Vietnam: Gannon Group to build a $90 million brewery
The U.S. Gannon Group will spend $90 million to build and operate a brewing facility near Ho Chi Minh City, according to Thomson Financial ...More Info

UK: Greene King has become the UK's largest listed brewer reporting a rise in annual profits despite challenges

Brewer and pub owner Greene King has reported a rise in annual profits despite facing what it said was an "unprecedented set of challenges".

Financial Highlights �� Revenue £960.5m, +5% �� Operating profit* £236.2m, +8%; +4.5% excluding acquisitions �� Operating profit margin* 24.6%, +0.8 percentage points �� Profit before tax* £142.0m, +2% �� Adjusted earnings per share* 74.0p, +14% �� Dividend per share 26.0p, +14% �� Free cash flow £31.1m after capital expenditure and dividend �� Successful £350m securitisation tap (post year end); no further refinancing needed until 2012

Business Highlights �� Retail Operating profit* +5% Strong growth in food: now 34% of sales Loch Fyne successfully integrated and trading well �� Pub Partners Operating profit* per pub +8% Operating profit margin* +3.1 percentage points �� Belhaven Operating profit* +18% Food sales +31% �� Brewing Company Own-brewed volume +6% Market share gains in on- and off-trade

Rooney Anand, Greene King chief executive, comments: “The year saw an unprecedented set of challenges for the industry but I am pleased to report exceptional performance across the business. Our results in Scotland, with operating profit up 18% in the second year of the smoking ban, give me some encouragement for future prospects in England. The economy is not likely to improve in the short term, and we are not immune to the difficulties this presents for ...More Info

China: Yanjing Brewery wins the green light for private share sale
China's largest beer producer by sales, Beijing Yanjing Brewery Co, said on June 3rd it has received green light from the China Securities Regulatory ...More Info

Malt News

World: It is not easy at this moment to make a clear forecast on malt prices for the new campaign
New crop price levels have gained at least EUR 10,- per ton from their lowest level some weeks ago. Brewers and maybe also maltsters ...More Info

Barley News

Europe: Prospects are favourable for a good crop of malting barley, analysts said
Southern Europe from the Iberian Peninsula to the Balkans had exceptionally abundant precipitation. Recently heavy rains and storms led to lodging of barley fields ...More Info

Canada: Barley outlook 2008-2009 pessimistic
The area seeded to barley for 2008-2009 is estimated by Statistics Canada to have decreased by 17%, Agriculture and Agri-Food Canada published on July ...More Info

EU: With the French and German barley harvest under way and the UK expecting to start next week, traders are optimistic

Barley harvest has started in France and parts of Germany, with yields apparently up on last year and quality in line with expectations, Farmers Weekly Interactive cited Glencore's Nick Oakhill on July 3.

"Harvest prices still look good, but the biggest thing that could put downward pressure on UK prices will be crop quality. If we get good weather and quality, it puts us in a healthy position for selling the expected 3m-tonne exportable surplus. But if we get a poor run, that surplus will have to compete with cheap supplies from eastern Europe and the Black Sea regions."

With the European barley harvest under way and the UK expected to start in some south-eastern areas next week, traders are optimistic about prospects for new-season crops

Wheat production across the EU-27 was likely to hit 130m tonnes, compared with 111m tonnest last year, David Sheppard of Gleadell said. "There will be some rebuilding of world stocks by 15-20m tonnes, but if all crop predictions come in, we will see prices come down."

Barley production was expected to be 5.6m tonnes, up 0.5m tonnes on 2007/08, leaving an exportable surplus (malting and feed) of just under 1m tonnes, he said.

Ongoing speculation over crop size ...More Info

Scientific Digest

Performance of Husked, Acid Dehusked and Hull-less Barley and Malt in Relation to Alcohol Production

R. C. Agu, T. A. Bringhurst and J. M. Brosnan

J. Inst. Brew. 114(1), 62–68, 2008 Studies carried out on normal husked barley, normal hull-less (naked) barley, acid dehusked barley and acid dehusked hull-less barley, as well as the malts derived from them, showed that when acid dehusked barley samples (obtained from either husked or hull-less barley), were processed using commercial enzyme preparations, they produced more alcohol when compared with the alcohol yield obtained from the barley samples from which the acid dehusked samples were derived. When the husked (Optic) control, acid dehusked and hull-less barley samples were malted, Optic control barley produced malt that gave higher dextrinising units (DU) and diastatic power (DP), whilst acid dehusked Optic and hull-less barley produced malts that gave similar DU results on day 5 of the germination time. When mashed, acid dehusked (Optic) barley malt produced wort that filtered faster than the wort obtained from the malt made from hull-less barley. This observation is very important because it shows that the husk of the barley is not the only factor that determines the filtration performance of the malted barley, since both the malt samples made from husked and acid dehusked barley had similar filtration rates on day 5 of the germination time. The slow filtration rate observed for the wort made from hull-less barley suggests that other factors play some role during the filtration of the mash made from hull-less barley malt. Although hull-less malt appeared to develop lower DU and DP enzyme activities, when compared with the values obtained for the Optic control, hull-less barley malted faster and produced optimum predicted spirit yield (PSY) at day 4 of the germination time. In contrast, the control husked Optic barley malt that had higher DU and DP produced equivalent (optimum) predicted spirit yield one day later at 5 days germination time. This is an advantage for hull-less barley, both in terms of time and energy saving during the malting of barley. Although the acid dehusked Optic barley produced more alcohol than the husked control when commercial enzyme preparation was used to process barley, it was surprising that when the derived malt was assessed, it gave a lower predicted spirit yield than the husked control, even though it produced a higher amount of hot water extract (HWE). The higher extract yield and lower predicted spirit yield obtained from the malt made from acid dehusked malt confirmed that high extract yield is not necessarily associated with high fermentable extract. Key words: Alcohol yield, acid de-husked barley, barley, diastatic power, dextrinising unit, filtration rate, hull-less barley. ... Load full article, 6 pages, 1504 Kb, PDF file

Barley prices.
Malting Barley and Feed Barley

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
Europe Barley Crop Estimate 2008 (June, 2008)
Table of the week.

Graph Of The Week

These Days in Business History
02 July
1889 - To regulate commercial trusts and monopolies, Congress passes the Sherman Antitrust Act, which outlaws any "combination or conspiracy in restraint of trade."
1921 - 1st million dollar gate ($1.7m) boxing match (Dempsey KOs Carpentier).
1957 - 1st submarine designed to fire guided missiles launched, Grayback.

03 July
1790 - In Paris, the marquis of Condorcet proposed granting civil rights to women.
1878 - John Wise flew the first dirigible in Lancaster, PA.
1886 - 1st New York Tribune printing using 1st commercial linotype machine.
1886 - In Germany, Karl Benz drives 1st automobile.
1903 - The first cable across the Pacific Ocean was spliced between Honolulu, Midway, Guam and Manila.
1928 - 1st color TV broadcast in London (John Logic Baird).

04 July
1776 - The U.S. declared independence from Great Britain.
1876 - 1st public exhibition of electric light in SF.
1884 - The Statue of Liberty was presented to the United States in Paris.
1886 - 1st scheduled transcontinental passenger train reaches Pt Moody, BC.
1952 - Canadain Currency, Mint and Exchange Fund Act allows gold coins of $5, $10, and $20 to be minted.

05 July
1643 - 1st recorded tornado in U.S. (Essex County, Massachusetts)
1841 - Thomas Cook opens 1st travel agency
1922 - 1st general election in Netherlands
1948 - The British government adopts the National Health Service Act

06 July
1785 - Congress resolves US currency named "dollar" and adopts decimal coinage.
1885 - Louis Pasteur successfully tests an anti-rabies vaccine.
1886 - Horlick's of Wisconsin offers 1st malted milk to public.
1907 - Opening of Brooklands, in England - the world's first purpose-built motor racing circuit.
1924 - 1st photo sent experimentally across Atlantic by radio, U.S. – England.
1928 - In New York, the screening of the first film to include sound - 'The Lights of New York'.