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E-Malt.com Flash 08b
February 19 - February 22, 2009
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Currency Rates
Base Currency: Euro, EUR
on 20-February-2009

1 EUR = 1.2632 USD
1 EUR = 0.883 GBP
1 EUR = 1.5866 CAD
1 EUR = 1.9611 AUD
1 EUR = 118.504 JPY
1 EUR = 2.9649 BRL
1 EUR = 45.4643 RUB
1 EUR = 8.6486 CNY
Base Currency: US Dollar
on 20-February-2009

1 USD = 0.7917 EUR
1 USD = 0.699 GBP
1 USD = 1.256 CAD
1 USD = 1.5526 AUD
1 USD = 93.8053 JPY
1 USD = 2.3471 BRL
1 USD = 35.9908 RUB
1 USD = 6.8465 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

February 20, 2009

Type Crop 2008 Crop 2009
2rs Barley EUR123.0-127.0 1.57% EUR153.0-157.0 3.13%
6rw Barley EUR118.0-120.0 EUR138.0-142.0
2rs Malt EUR342.5-346.5 0.72% EUR371.5-375.5 1.71%
6rw Malt EUR335.5-337.5 EUR353.0-355.0  
Feed Barley EUR103.0-107.0 3.67% 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

Japan & Philippines: Kirin to buy a 43% stake in San Miguel Brewery for $1.2 bln ...Click here
Russia: Baltika reports successful 2008, CEO expects Russia’s total beer market to either stagnate or shrink by roughly 2 percent in 2009 ...Click here
Australia: Lion Nathan brewery says first-quarter performance was in line with expectations ...Click here
Ukraine: Slavutich Carlsberg Group increases market share, sales volume in 2008 ...Click here
Latvia: Beer sales fall by 4% in 2008 ...Click here
Kenya: East African Breweries increases sales by 12% in H1 ended December 2008 ...Click here
EU: Feed and malting barley markets show no change ...Click here
France: Alsace hops growers to lose their main customer ...Click here




Belgium: AB InBev closes retail public offering of €750 mln five-year notes ...More Info
South Korea: More rumours about Oriental Brewery sale ...More Info
Turkey: Efes brewery outlook revised to Negative by Fitch Ratings ...More Info
Malaysia: Carlsberg Malaysia not to pay special dividend as it keeps money for acquisitions ...More Info
Australia: Victorian farmers demand a revision of feed barley segregations ...More Info
Philippines: San Miguel Brewery files registration for multi-billion bonds ...More Info
Peru: Backus brewery to follow its investments plans despite crisis ...More Info
Jordan: Jordan buys 125 thousand tonnes of feed barley with shipment due in April ...More Info
Russia: State Duma to consider technical regulations on beer this spring ...More Info
Ukraine & Moldova: Slavutich Carlsberg Group becomes the official distributor of Corona Extra ...More Info
Go to our news database with more than 14425 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Japan & Philippines: Kirin to buy a 43% stake in San Miguel Brewery for $1.2 bln
Kirin Holdings Company Ltd and San Miguel Corporation (SMC) have entered into a Share Purchase Agreement by which Kirin purchases the shares in San ...More Info

Russia: Baltika reports successful 2008, CEO expects Russia’s total beer market to either stagnate or shrink by roughly 2 percent in 2009
Baltika Breweries, the leader on the Russian beer market, announced on February, 19 its financial results for 2008.

The company’s revenue increased by 17.2% to ...More Info

Australia: Lion Nathan brewery says first-quarter performance was in line with expectations
Brewer Lion Nathan Ltd announced on February, 19 its trading update for the quarter ended December 31, 2008.

The company said its net sales revenue ...More Info

Ukraine: Slavutich Carlsberg Group increases market share, sales volume in 2008
Slavutich Carlsberg Group, the Ukrainian subsidiary of the Danish brewing giant, announced on February, 19 its results of 2008.

The company’s sales amounted to 8,169 ...More Info

Latvia: Beer sales fall by 4% in 2008
In 2008, for the first time in six years, the volume of alcohol sales in Latvia decreased, The Baltic Course cited on February, 19 ...More Info

Kenya: East African Breweries increases sales by 12% in H1 ended December 2008
East African Breweries reported on February, 20 a 5 percent rise in first-half pretax profit to 6.77 billion shillings ($85 million).

“Despite the difficult ...More Info

Barley News

EU: Feed and malting barley markets show no change
Deals on feed barley are closed very rarely and for very small quantities on the EU market, La Depeche reported on February, 20.

The activity ...More Info

Hops News

France: Alsace hops growers to lose their main customer
Anheuser-Busch, now part of the Belgium-based world’s leading brewer AB InBev, is going to terminate its contract with Alsace hops producers, DNA reported on ...More Info
Scientific Digest

Flavour Instability of Pale Lager Beers: Determination of Analytical Markers in Relation to Sensory Ageing

Sofie Malfliet, Filip Van Opstaele, Jessika De Clippeleer, Evelien Syryn, Koen Goiris1, Luc De Cooman and Guido Aerts

Abstract:
J. Inst. Brew. 114(2), 180–192, 2008 Flavour changes of six Belgian pale lager beers were studied in order to estimate the importance of different parameters and reactions in relation to the ageing process. An attempt was made to link analytical data with sensory evaluation using multivariate statistical analysis. Partial least squares regression techniques (PLSR) were employed on the analytical and sensory data. As apparent from the PLSR model, significant indicators of lager beer ageing are aldehyde markers (especially total aldehydes, furfural, hexanal, 2-methylpropanal, 2-methylbutanal, and 3- methylbutanal), cold and permanent haze, and beer colour. Conversely, compounds or parameters that load negatively in the PLSR model for beer ageing are trans-isohumulones, cis-isohumulones, total bitterness, the T/C-ratio, polyphenolic markers (especially proanthocyanidins), the flavanoid content, and, to a lesser extent, the TB-index and reducing power (TRAP). The integrated analytical-sensorial methodology is proposed as a useful tool for evaluation of the flavour instability of pale lager beers. Key words: analytical markers, beer ageing, flavour instability, partial least squares regression. Load full article, 5 pages, 511 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

Prices Evolution

Prices evolution

Table of the week
World Malt Imports Estimate
Table of the week.

Graph Of The Week



These Days in Business History
February 19
1878 Thomas Alva Edison patents gramophone (phonograph)
1899 Cornelius Vanderbilt Whitney, Pan Am Airways (World airways) founder is born
1969 1st Test flight of Boeing 747 jumbo jet

February 20
1768 1st American chartered fire insurance company opens
1811 Austria declares bankruptcy
1848 Edward H. Harriman is born in Hempstead. By age 50 he commands the Union Pacific and Southern Pacific railways, making him one of the most powerful railroad barons in the world.

February 21
1914 The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established.
1947 Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America.
1988 Peter Kalikow purchases New York Post from Rupert Murdoch for $37.6 million

February 22
1923 Transcontinental airmail service begins
1989 New York Lotto pays $26.9 million to one winner
2006 Apple's iTunes store sells its 1 billionth song
Agenda