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E-Malt.com Flash 41b
September 09 - October 12, 2008
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Currency Rates
Base Currency: Euro, EUR
on 10-October-2008

1 EUR = 1.3669 USD
1 EUR = 0.7917 GBP
1 EUR = 1.5442 CAD
1 EUR = 1.9807 AUD
1 EUR = 137.341 JPY
1 EUR = 3.0798 BRL
1 EUR = 35.6802 RUB
1 EUR = 9.3386 CNY
Base Currency: US Dollar
on 10-October-2008

1 USD = 0.7317 EUR
1 USD = 0.5792 GBP
1 USD = 1.1297 CAD
1 USD = 1.4484 AUD
1 USD = 100.481 JPY
1 USD = 2.2531 BRL
1 USD = 26.1023 RUB
1 USD = 6.8318 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

October 10, 2008

Type Crop 2008 Crop 2009
2rs Barley EUR149.0-151.0 EUR166.0-168.0
6rw Barley EUR137.0-139.0 EUR156.0-158.0
2rs Malt EUR382.5-384.5 EUR395.5-397.5
6rw Malt EUR367.0-369.0 EUR382.0-384.0
Feed Barley EUR131.0-133.0 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

Belgium & United States: Anheuser-Busch InBev North America announces its leaders ...Click here
World: Latest beer sales results and forecasts ...Click here
Belgium: InBev’s major shareholders to take 1.2 bln euros of the new shares, and may seek to buy more ...Click here
United States: Beer industry grows steadily, light and import beers to enjoy special consumers’ attention over the next five years ...Click here
Japan: January – September beer shipments drop by 6.7% compared to the same period in 2007 ...Click here
Singapore & Thailand: Thailand’s response to Tiger beer brings positive results for Asia Pacific Brewery ...Click here
Australia & India: Coopers ships firs beer to India, hopes for a good relationship ...Click here
France & Germany & UK: Barley consumption for malt almost unchanged in France and UK , Germany’s malt production up by 8.9% in 2007/2008 ...Click here
EU: Malting barley brings excellent crop almost in all EU countries ...Click here
North America & Argentina: US and Canada barley crop exceeds expectations, Argentinean barley likely to fall short of forecasted 2 mln ...Click here
Russia & Ukraine: Russia and Ukraine forecast to harvest up to 21 and 12.3 mln tons of barley respectively ...Click here
Japan: Japan’s Ministry of Agriculture reinstates barley tenders ...Click here




The Netherlands: Heineken’s forecast of H2 average 5.8 percent interest on outstanding debt unchanged ...More Info
Ireland: Beamish & Crawford chairman resigns ...More Info
EU: Feed barley prices noticeably down, malting barley 2008 difficult to sell ...More Info
Germany & United States: US consumers to enjoy imported organic beer by the German Lammsbräu ...More Info
Australia: Malting barley growers urged not to use chemicals close to harvest for fear of health risks and damage to Australia’s entire barley industry ...More Info
The Netherlands & Russia: EFES-owned Krasny Vostok brewery headless ...More Info
Denmark & Uzbekistan: Carlsberg’s Sarbast Plus to operate under new name ...More Info
Ukraine: September barley exports rise by 1% only ...More Info
United Kingdom: Cobra Beer to appear in new look ...More Info
Mozambique: Cervejas de Moçambique to build a brewery by November, 2009 ...More Info
Bulgaria: Zagorka Brewery offers new Ariana Dark 5.5% beer ...More Info
Go to our news database with more than 13688 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Belgium & United States: Anheuser-Busch InBev North America announces its leaders
InBev announced North American leadership team of combined Anheuser-Busch InBev on its official site on October, 8.

The brewing giant said that upon close of ...More Info

World: Latest beer sales results and forecasts
According to experts’ latest forecasts for 2008, beer sales figures are to increase by 3 - 4% in Brazil, it was reported earlier this ...More Info

Belgium: InBev’s major shareholders to take 1.2 bln euros of the new shares, and may seek to buy more
Brewer InBev SA said its major shareholders expect to buy up about one-tenth of new shares being issued to help pay for a $52 ...More Info

United States: Beer industry grows steadily, light and import beers to enjoy special consumers’ attention over the next five years
Norwalk, Connecticut-based Beverage Information Group, asserts that the U.S. beer industry has seen good numbers this year, Marketing Daily communicated on October, 7.

According to ...More Info

Japan: January – September beer shipments drop by 6.7% compared to the same period in 2007

Shipments of beer and quasi-beer alcoholic beverages in Japan in January-September hit a record low as price hikes sapped demand, Jiji Press communicated on October, 10.

According to the data provided by the nation’s brewers, shipments totalled 353,623,000 cases, 2.7% less than in the same period of 2007. One case contains the equivalent of 20 633-millilitre bottles.

Beer shipments fell 6.7 pct to 185,818,000 cases, it is reported.

Asahi Breweries Ltd. ranked top in terms of market share, followed by Kirin Brewery Co., Suntory Ltd. and Sapporo Breweries Ltd.


Singapore & Thailand: Thailand’s response to Tiger beer brings positive results for Asia Pacific Brewery
After three years of building its Tiger beer brand, Thai Asia Pacific Brewery (TAPB) says it’s gaining recognition in the Thai market, the Bangkok ...More Info

Australia & India: Coopers ships firs beer to India, hopes for a good relationship
The Australian Coopers Brewery announced an initial shipment of 400 cases of Coopers Pale Ale, Coopers Sparkling Ale and Coopers Stout would arrive in ...More Info

Malt News

France & Germany & UK: Barley consumption for malt almost unchanged in France and UK , Germany’s malt production up by 8.9% in 2007/2008

Barley consumption for malting in France was 1.441 mln tonnes in July/June 2007/08 versus 1.497 mln tonnes in the previous year, according to the recently published malt production statistics.

Germany’s malt production in July/June amounted to 1,894,900 tonnes versus 1,739,800 last year, it is reported. Wheat malt production reached 90,600 tons vs. 89,800 in 2006/07.

United Kingdom used 1.5 mln tonnes of barley for malting during July/May 2007/2008 – 0.9% more than last year.

Total EU malt exports in the first month (July) of the new crop year were 140,000 tons, which is below the licence bookings figure of July 2007, experts said.


Barley News

EU: Malting barley brings excellent crop almost in all EU countries
The harvest of malting barley in the European region is finished, and experts summarized its results earlier this month.

The excellent French crop, very good ...More Info

North America & Argentina: US and Canada barley crop exceeds expectations, Argentinean barley likely to fall short of forecasted 2 mln

North America barley crops in the U.S. and Canada were larger and of better quality than expected at the beginning of the harvest season, experts reported earlier this month.

Both countries are uncompetitive in feed barley markets, analysts state. According to reports, Canada offers malting barley to China at US$ 340 FOB Vancouver, but Chinese bid ideas are lower.

However, the situation is different in Argentina, as it has recently become known. The nation reported that lack of rainfalls endangers the crop potential, it is unlikely that an earlier forecast of a 2 mln tons barley crop will be achieved.


Russia & Ukraine: Russia and Ukraine forecast to harvest up to 21 and 12.3 mln tons of barley respectively
As of October, 6, Russia has harvested 23.6 mln tonnes of barley from 9 mln ha (92% of the barley acreage), the Ministry of ...More Info

Japan: Japan’s Ministry of Agriculture reinstates barley tenders

Japan’s Ministry of Agriculture will hold a tender for wheat and barley imports totalling 57,200 tonnes on October, 10, Reuters informed this week.

The tender will be reinstated after calling a halt last month in the wake of a scandal in which tainted rice from abroad was used illegally in food products.

The ministry is seeking to buy 26,200 tonnes of food barley and 5,500 tonnes of malting barley via a simultaneous buy and sell (SBS) tender with a minimum lot of 1,000 tonnes. The SBS system allows users and trading firms can negotiate the grain's origin, price and quantity in advance, and then place a joint bid.

All shipments are due between when contracts are made and the end of December.

Scientific Digest

On-Line Estimation and Control of Apparent Extract Concentration in Low-Malt Beer Fermentation

Michiko Kobayashi, Toshinari Hiroshima, Keisuke Nagahisa, Hiroshi Shimizu and Suteaki Shioya

Abstract

J. Inst. Brew. 111(2), 128–136, 2005 Apparent extract concentration, which is defined as the apparent total dry matter concentration in the media calculated by measurement of the specific gravity, is a very important variable in the process of beer and low-malt beer fermentation. In the present study, ethanol formation and the residual apparent extract concentration were estimated using the CO2 concentration in the exhaust gas. A simple mathematical model involving the CO2 production rate, temperature and cell activity was constructed and a novel system for on-line estimation and control of apparent extract concentration was developed. In the control system for the residual apparent extract concentration, cell activity was estimated by monitoring the differences in actual CO2 production rate. In addition, the future trajectory of the apparent extract concentration was predicted. The degree of fermentation, i.e., the residual apparent extract concentration trajectory, was controlled by raising or lowering the temperature, taking into account the estimated cell activity at that time. The residual apparent extract concentration reached the target value at a given time, using the on-line estimation of apparent extract concentration and temperature control. Key words: Apparent extract, CO2 production rate, control, lowmalt beer, on-line estimation. Load full article, 9 pages, 1039 Kb, PDF file

Barley prices.
Malting and Feed Barley Prices


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

Table of the week
EU Malt Export Licence Fixations
Table of the week.

Graph Of The Week



These Days in Business History
October 09
1930 1st synthetic detergent, "Dreft" by Procter & Gamble, goes on sale
1946 1st electric blanket manufactured; sold for $39.50
1979 1st consumer use of home banking by computer (Knoxville Tn)

October 10
1993 Paolo Gucci, entrepreneur/accessories designer, dies at 64
1995 Robert E. Lucas awarded Nobel Prize in economics
2006 Google buys YouTube.com for $1.6 billion

October 11
1617 Franchois Vranck, economist/writer (Deduction), dies at about 62
1844 Henry John Heinz is born. He founded prepared-foods company, 57 varieties
1868 Thomas Edison patents his 1st invention: electric voice machine
1887 A. Miles patents elevator

October 12
1492 Columbus arrives in Bahamas [real Columbus Day]
1918 1st use of iron lung (at Boston's Children Hospital). The iron lung is called a negative pressure ventilator. It enables a person to breathe when normal muscle control has been lost.
1935 Luciano Pavarotti, born in Modena, Italy, operatic tenor, Oh Giorgio, 3 Tenors
Agenda