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E-Malt.com Flash 45a
November 03 - November 04, 2008
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Currency Rates
Base Currency: Euro, EUR
on 04-October-2008

1 EUR = 1.3829 USD
1 EUR = 0.7818 GBP
1 EUR = 1.492 CAD
1 EUR = 1.7814 AUD
1 EUR = 145.608 JPY
1 EUR = 2.7999 BRL
1 EUR = 35.8507 RUB
1 EUR = 9.5675 CNY
Base Currency: US Dollar
on 04-October-2008

1 USD = 0.7232 EUR
1 USD = 0.5653 GBP
1 USD = 1.0789 CAD
1 USD = 1.2883 AUD
1 USD = 105.3 JPY
1 USD = 2.0247 BRL
1 USD = 25.9243 RUB
1 USD = 6.9184 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

November 4, 2008

Type Crop 2008 Crop 2009
2rs Barley EUR135.0-137.0 1.45% EUR149.0-151.0
6rw Barley EUR125.0-127.0 1.56% EUR137.0-139.0
2rs Malt EUR361.0-363.0 1.90% EUR374.5-376.5 0.53%
6rw Malt EUR347.5-349.5 1.97% EUR359.0-361.0 0.55%
Feed Barley EUR113.0-115.0 1.72% 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

China: Tsingtao reports a 24% increase of net profit in the first nine months of 2008 ...Click here
Chile: CCU brewery reports Q3 and full year ended September, 30 results ...Click here
Denmark: Analysts forecast a 60% rise of EBIT for Carlsberg in the nine-month period ...Click here
The Netherlands & Ireland: Irish Competition Authority publishes results of an exhaustive market analysis of the Heineken/Beamish & Crawford merger ...Click here
Mexico & Brazil: FEMSA considers extension of beer operations in Brazil ...Click here
World: Attractive malt prices create surprising market activity, EU malsters sold out for 2008 ...Click here
World: World barley consumption to increase by 8% in 2008/2009 - IGC ...Click here
EU: Barley crop estimated at 63.5 mln tonnes, licensed export grows by 13% ...Click here
France & Germany: Feed barley prices fall, malting barley of crop 2008 sees no demand ...Click here
World: Barley export surplus and financial crisis depress latest FOB prices ...Click here




United States: Undervalued Molson Coors expected to report higher quarter earnings – Barron’s ...More Info
Russia: First nine-month beer imports increase by 2.3% due to male Russians 18 to 44 years old ...More Info
United States & United Kingdom: Miller Beer to disappear from UK stores early next year ...More Info
Ukraine: 43 tonnes of barley to be sold via tender ...More Info
Canada: Brick Brewing announces completion of equity financing ...More Info
Turkey & Moldova: EBRD board of directors approves loan to Efes Vitanta Brewery in Moldova ...More Info
Denmark & Russia & Uzbekistan: Carlsberg brews first Baltika 3 Classic beer in Uzbekistan, considers exports to Tajikistan and Kyrgyzstan ...More Info
Saudi Arabia: A subsidies program to cut barley imports ...More Info
Singapore & New Zealand: APB’s subsidiary sells a retail chain ...More Info
Australia: New Vlamingh malting barley variety to be free to trade in Western Australia ...More Info
Ukraine & Russia: SCM Group sells its Poltavpivo brewery to a Russian trader ...More Info
Germany: Germany decreases barley export in the first two months of 2008/2009 ...More Info
Go to our news database with more than 13831 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

China: Tsingtao reports a 24% increase of net profit in the first nine months of 2008
Tsingtao Brewery Co Ltd, China's second largest brewer, said its net profit for the first nine months this year rose 24% to hit RMB ...More Info

Chile: CCU brewery reports Q3 and full year ended September, 30 results
The Chilean brewer Compañía Cervecerías Unidas S.A. (CCU) announced on October, 29, its consolidated financial results, stated in Chilean GAAP for the third quarter ...More Info

Denmark: Analysts forecast a 60% rise of EBIT for Carlsberg in the nine-month period
Danish brewer Carlsberg is expected to post a 60.2 percent rise in nine-month 2008 operating profit, on the back of soaring turnover in Eastern ...More Info

The Netherlands & Ireland: Irish Competition Authority publishes results of an exhaustive market analysis of the Heineken/Beamish & Crawford merger
Ireland’s Competition Authority has ruled that the takeover by brewing giant Heineken of Beamish & Crawford will not lessen competition and will not result ...More Info

Mexico & Brazil: FEMSA considers extension of beer operations in Brazil
FEMSA, Mexico’s leading brewer, is planning to make new investments in its Brazilian beer operations, Gazeta Mercantil posted on October, 31.

According to the company’s ...More Info

Malt News

World: Attractive malt prices create surprising market activity, EU malsters sold out for 2008
The month of October did not reflect the anticipated trouble in the industry of malt yet, and malt markets were surprisingly active for the ...More Info

Barley News

World: World barley consumption to increase by 8% in 2008/2009 - IGC
World barley production is estimated at an 14-year high of 156.4 mln tons, up 3.6 mln from the September figure and 16% above last ...More Info

EU: Barley crop estimated at 63.5 mln tonnes, licensed export grows by 13%
According to the IGC estimates, the EU barley crop 2008/2009 amounted to 63.5 mln tonnes, 1.2 mln tonnes more than it was expected in ...More Info

France & Germany: Feed barley prices fall, malting barley of crop 2008 sees no demand
The EU feed barley markets dropped by almost EUR 20 in one month time, experts reported on November, 1.

French barley, basis July, delivered ...More Info

World: Barley export surplus and financial crisis depress latest FOB prices

The large export surplus of barley in the world had depressed price levels since harvest time in the Northern Hemisphere as the financial crisis accentuated the bad shape of world commodity markets, traders reported on November, 1.

Analysts report the following FOB prices: Rouen USD 171, Odessa 170, Novorossiysk 165/175. Jordan, however, purchased January shipment at USD 156/159 CIF.

Australian malting barley, new crop, traded at USD 310 CIF China recently, but is reported down to USD 260.

French 6row barley, variety Cervoise, is quoted at USD 220 CIF China.

The EU opens its intervention stores in November, and present price levels in interior markets are only EUR 5 to 10 per ton above intervention buying levels, it is reported.

Analysts maintain that Black Sea barley offers will dominate markets, until or unless the Russian winter stops the grain flow to Black Sea ports.

Scientific Digest

Quality of western Canadian malting barley 2007

Dennis E. Langrell, Michael J. Edney

Abstract

The quality data for the 2007 harvest was derived from 75 separate varietal composites, representing a total of 1 065 000 tonnes of barley selected for malting purposes. Barley crop volume for 2007, at 11 127 000 tonnes, was about 25% higher than 2006, and 3% higher than the 10-year average of 10 780 000 tonnes. This was largely attributable to increased seeded acreages, and generally warmer and moister growing conditions. Barley yields, overall, were higher than average. Manitoba had a second consecutive good year for barley quality and volume, due to early seeding and favourable growing season. Fusarium infestation levels in the eastern prairies were relatively low. Southwestern Saskatchewan and southeastern Alberta suffered from lack of moisture throughout the season, lowering its yield and quality. Central areas of the prairies suffered from excess moisture and heat, while northern areas experienced excess moisture and an extended harvest period. Malting barley selected in 2007 was of reasonably good quality. Thousand kernel weights and kernel plumpness levels were lower than those of 2006. Protein levels were good, but were higher than levels in 2006. Barley colour and appearance in 2007 was average. Barley germination characteristics in 2007 were similar to those of 2006, with minimal water sensitivity present. Malt made from 2007 barley was of good, average quality with good levels of soluble protein, adequate enzyme levels, and average levels of wort beta-glucan and viscosity, but higher colour. Extract levels were lower than expected, given the relatively low barley protein. Modification rates were good, and uptake of water during steeping was reasonably fast. Overall, the 2007 malting barley crop was of average quality. Load full article, 25 pages, 466Kb, 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
Italian Beer Market
Table of the week.
Source: Assobirra
Graph Of The Week


Source: USDA

These Days in Business History
November 03
1898 1st US automobile show opens at Madison Square Garden (NYC)
1929 1st commercially produced synthetic rubber manufactured
1971 The microprocessor is officially born as Intel introduces its new 4004 chip, invented by Ted Hoff and Federico Faggin.
November 04
1846 Benjamin Palmer patents artificial leg
1939 1st air conditioned automobile (Packard) exhibited, Chicago, Ill
1996 Vimpel Communications becomes the first Russian company to list its shares on the New York Stock Exchange.

November 05
1492 Christopher Columbus learns of maize (corn) from Indians of Cuba
1895 George Selden patents 1st gasoline-driven car
Agenda