Newsletter Summary
Currency rates
Equities of largest breweries
Market prices change trend
Top industry news
Brewery news
Malt news
Barley news
Hops news
More news
Scientific Digest 
Theoretical malt prices
Malting barley prices
Table of the week
Graph of the week
On These Days 
Agenda
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Newsletter 20b, 2006

Newsletter 20a, 2006

Newsletter 19b, 2006

Newsletter 19a, 2006

Newsletter 18b, 2006
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E-malt.com Newsletter 21a May 22 - May 24, 2006
Quote of the week
"A business that makes nothing but money is a poor business."
Henry Ford
Currency Rates
Base Currency: Euro, EUR
on 23-May-2006
1 EUR = 1.2776 USD
1 EUR = 0.681 GBP
1 EUR = 1.4336 CAD
1 EUR = 1.6989 AUD
1 EUR = 143.194 JPY
1 EUR = 2.8823 BRL
1 EUR = 34.5835 RUB
1 EUR = 10.2653 CNY
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Base Currency: US Dollar
on 23- May-2006
1 USD = 0.7829 EUR
1 USD = 0.533 GBP
1 USD = 1.1221 CAD
1 USD = 1.3298 AUD
1 USD = 112.096 JPY
1 USD = 2.2561 BRL
1 USD = 27.0696 RUB
1 USD = 8.035 CNY
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EUR/USD Chart
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Equities of the Largest Breweries
Top Industry News
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Malaysia: Carlsberg Malaysia announces first quarter 2006 net profit surges to RM32 Million...
Click here
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UK: Brewer Young's to merge with East Midlands rival Charles Wells...
Click here
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Portugal: The seventh European Union beer exporter...
Click here
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China: Anheuser-Busch in talks to buy shares in Henan Jinxing Beer Group...
Click here
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Japan: Asahi Breweries focuses on beer-like brands...
Click here
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Poland: TV refrain from beer adverts during Pope’s visit...
Click here
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Australia: Hamelin barley not sensitive to metribuzin herbicide...
Click here
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USA: Totals of 2005 domestic hop production...
Click here
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More News
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Ukraine: Beer prices are to increase
...
More Info
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USA: Miller Genuine Draft tries to brew up interest with new attitude
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More Info
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Canada: Quebec small retailers ask government to hike price of beer
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More Info
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UK: Cobra Beer targets women with less than 100 calories in a bottle
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More Info
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Mexico & China: Modelo expects to increase exports to China
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More Info
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Canada: SABMiller - a potential buyer of Canada's top brewer
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More Info
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USA: Sale of Latrobe Brewing Co clouds future of town
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More Info
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Canada: Big Rock Brewery Income Trust announces monthly distribution
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More Info
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Australia: New group leader for Gladstone strategic site
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More Info
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Finland: Ralf Hollmén elected chairman of the Federation of the Brewing and Soft Drinks Industry
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More Info
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USA: Anheuser-Busch Cos. Inc launches Bacardi Silver Peach
...
More Info
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Germany: German beer lovers can already taste defeat
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More Info
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USA: FDA completes barley products health claim
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More Info
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Russia: Baltika spends 10.2 million rub. for 0.009% minorities’ shares
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More Info
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UK: Anheuser-Busch Beer sends water to New Hampshire
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More Info
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Germany: Radeberger to take over Freiberger Brauhaus
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More Info
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Israel: Tuborg issues a lemon-flavored seasonal beer
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More Info
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Singapore: Beverage stocks are being currently overpriced
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More Info
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USA: Rallying in support for beer jobs
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More Info
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UK: Young & Co announces financial results and brewery closure
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More Info
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India: Mallya strengthens presence in Europe by biding to acquire Taittinger
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More Info
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Ghana: GSE Index jumps up on Ghana Breweries gain
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More Info
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Uganda: Nile Breweries joins UBBA and re-launches an early 1990s competition
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More Info
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Brewery News
Malaysia: Carlsberg Malaysia announces first quarter 2006 net profit surges to RM32 Million
Carlsberg Brewery Malaysia Bhd posted a higher net profit of RM32.21 million for
the first quarter ended March 31, 2006, up 35% from RM23.85 million a year ago. Despite
a better first-quarter net profit and revenue, the group remains cautious and expects
a "very challenging" 2006, Business Times posted May 23. It said on May
22 that revenue rose 3.52% to RM263.64 million from RM254.67 million due to increased
sales volumes during the Chinese New Year period. Earnings per share were 10.54 sen,
up from 7.8 sen a year ago. Pre-tax profit was RM41.84 million, compared
with RM31.18 million a year ago, the brewer said. Carlsberg said the higher
earnings were due to less aggressive price discounting during the 2006 Chinese New
Year festive period and lower marketing expenditure. On the current year
prospects, it said the government’s move to increase excise duty had adversely affected
the consumption of beer and stout. “The prices for beer and stout products
have now reached a level which is relatively high compared with that of other imported
hard liquor products,” it said. It was also concerned about the decline
in sales due to higher prices, which had also reduced government revenue from duties
...
More Info
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UK: Brewer Young's to merge with East Midlands rival Charles Wells
Young & Co’s Brewery is today expected to end more than 400 years of brewing
heritage by shifting production of its ales from Wandsworth, southwest London, to
Bedford, The Times has learnt May 23. The company, which is selling its
historic Ram Brewery site for redevelopment in an expected £80 million deal, has
formed a joint venture with Charles Wells, the family controlled Bedford brewer,
which will assume ownership of such beers as Young’s Bitter, Young’s Special and
Waggle Dance. The joint venture, which has already been registered at Companies
House, has been dubbed Wells & Young’s Brewing Company. It will assume ownership
of both companies’ beer portfolios, as well as all brewing, wholesaling and distribution
of those brands. Young’s, whose wine business will also be part of the venture,
will have a stake of about 40 per cent. The balance will be owned by Charles Wells,
which is contributing its Eagle Brewery in Bedford. Young’s announced more
than two years ago that it was discussing the future of its 5½-acre site with Wandsworth
Borough Council. The council indicated that, as part of a wider redevelopment of
the town centre, it would consider changing the designation of the site to
...
More Info
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China: Anheuser-Busch in talks to buy shares in Henan Jinxing Beer Group
Anheuser-Busch Cos. Inc. is reportedly in talks to buy a stake in Henan Jinxing
Beer Group, China's fourth-largest brewer, according to the Chinese newspapers 21st
Century Business Herald and the Shanghai Daily News, St. Louis Business Journal posted
May 21. Several news outlets reported in October 2004 that Anheuser-Busch
was considering a $1 billion stake in Jinxing Beer. Steven Burrows, president and
chief executive of Anheuser-Busch's international operations, denied at the time
that the two companies were engaged in talks. State-owned Jinxing is the
top brewer in Henan province with about 10 affiliates in other parts of the country,
according to Agence France Press. Flat domestic beer sales have pushed Anheuser-Busch,
the nation's largest brewer, to tap into growing international markets. The company
has focused much of its international investment in China. Anheuser-Busch
owns a 27 percent stake in Tsingtao Brewery Co. Ltd., the largest brewer in China
and producer of the Tsingtao brand. In 2004, Anheuser-Busch purchased 100
percent of Harbin Brewery Group Ltd., China's fifth-largest brewer with 13 breweries
in northeastern China. The St. Louis-based brewer also has a 97 percent
equity interest in the Budweiser Wuhan International Brewing Co. Ltd., a joint venture
that owns and operates
...
More Info
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Japan: Asahi Breweries focuses on beer-like brands
Asahi Breweries Ltd. aims to strengthen its low-malt and no-malt beer categories,
its new president said May 23, as Japan's biggest beer maker faces the imminent
threat of losing the top spot to second-ranked Kirin Brewery Co., Reuters informed
the same day. President Hitoshi Ogita, who took the helm at the end of March
after heading the group's soft drink unit, Asahi Soft Drinks Co. , said costs may
rise but the company targeted an operating profit margin of 7-8 percent in the mid
to long term with higher sales. It had forecast a margin of 7 percent in
2006. "By creating new products or improving the current ones, we have to
be the top brand in the happoshu and beer-like drink categories where other companies
currently outdo us," Ogita, 64, told Reuters in an interview. "Otherwise our domestic
alcohol business will have no future." It would be a shift of strategy for
Asahi, which has poured resources to its flagship Super Dry, a brand that holds nearly
half of the domestic market for regular beer. In January-March Kirin's total
beer sales surpassed Asahi's for the first time in six years at 38.4 percent to 36
percent due to the popularity
...
More Info
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Barley News
Hops News
USA: Totals of 2005 domestic hop production
Hop production for Idaho, Oregon, and Washington in 2005 totaled 52.9 million
pounds (24.045 thousand metric t), down 4 percent from the 2004 crop of 55.2
million pounds (25.1 thousand metric t), and 3 percent below the 2003 production
of 54.6 million pounds (24.8 thousand metric t), the U.S. Department of Agriculture
released in a National Hop Report. Idaho's 2005 production increased 4 percent.
Production in Washington and Oregon dropped 5 percent and 6 percent, respectively.
Acreage increased in all three states in 2005. Washington showed a 9 percent
acreage increased. Idaho and Oregon were both up 1 percent. Yields declined in Washington
to 1,871 pounds per acre, and in Oregon to 1,560 pounds per acre. Idaho yields averaged
1,640 pounds per acre, 52 pounds more than a year ago. Washington growers
produced 75 percent of the U.S. hop crop for 2005. Zeus, Columbus/Tomahawk, Galena,
and Willamette were the leading varieties in Washington, accounting for 70 percent
of the State's hop crop. In Oregon, Willamette and Nugget were the major varieties,
accounting for 74 percent of the hops harvested.
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Scientific Digest
An Investigation on the Detection of Potential Loss of Germinative Capacity During Storage of Malting Barley
X. S. Yin, J. E. Foster, and M. Browers, Prairie Malt Limited/Cargill Malt Americas, Biggar, SK, Canada, S0K 0M0; S. Schroeder,
M. Izydorczyk, and A. W. MacGregor, Grain Research Laboratory, Canadian Grain Commission, 303 Main Street, Winnipeg, MB, Canada, R3C 3G8; and M. L. H. Gruwel, and S. Abrams, Plant Biotechnology Institute, NRC, 110 Gymnasium Place, Saskatoon, SK, Canada, S7N 0W9
Abstract:
J. Am. Soc. Brew. Chem. 64(2):94-99, 2006 In the current collaborative work, barley samples covering several crop years in Canada were investigated for germinative capacity during storage. The first set of samples was sent to China for storage under typical local conditions while the control samples were stored at 5°C in Canada. Subsamples were taken from the material stored in China at intervals during the summer season and returned to Canada for analysis. Germination and a-amylase tests were carried out on the control and stored samples. Some samples that appeared to be acceptable at harvest were found to suffer germination losses as much as 70% during the process. In addition, commercial pearling tests and a rapid paper test used to detect preharvest sprout damage in wheat were carried out on the control samples. Correlation of the results with a-amylase values and the germination change after storage was studied. Samples that showed deterioration during storage were also subjected to examination using magnetic resonance imaging and near-infrared hyperspectral imaging (NIHI). The majority of nongerminating kernels exhibited a sharp interface between the endosperm and embryo in the ratio images produced by NIHI. Differences in the kernel images between the samples of different germinative capacity were apparent. The presence of the endosperm/embryo interface in the absorbance ratio image is therefore likely to correlate with a kernel’s inability to germinate. The observation provides significant insights into the understanding and prevention of loss in germinative capacity in storage and handling of malting barley. Keywords: a-Amylase, Germination, Magnetic resonance imaging, Near-infrared hyperspectral imaging, Pregermination, Sprouting
...
Load full article, 6 pages, 498 Kb, PDF file
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Malting barley prices. French barley prices.
Nominal prices.
EURO = USD 1.2776 May 23, 2006 |
Crop year |
2005 |
2006 |
Parity |
FOB Creil |
FOB Creil |
Position |
July 2005 |
July 2006 |
Type |
Variety |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
122.00 |
156.00 |
119.00 |
152.50 |
2RS |
Prestige |
118.00 |
151.00 |
118.00 |
151.00 |
2RS |
Cellar |
116.50 |
149.00 |
116.00 |
148.50 |
2RS |
Sebastien |
116.00 |
148.50 |
115.50 |
147.50 |
2RS |
Astoria |
115.00 |
147.00 |
115.50 |
147.50 |
2RS |
Cork |
114.00 |
146.00 |
115.00 |
147.00 |
6RW |
Esterel |
105.00 |
134.50 |
106.00 |
135.50 |
Theoretical malt prices.
EURO = USD 1.2776 May 23, 2006 |
Crop year |
2005 |
Parity |
FOB Antwerp |
Position |
May 2006-Sept 2006 |
Conditioning |
Bulk |
In bags |
Bulk containers |
Bags, containers |
Malting barley variety |
EURO |
USD |
EURO |
USD |
EURO |
USD |
EURO |
USD |
2RS |
Scarlett |
253.50 |
324.00 |
268.00 |
342.50 |
268.00 |
342.50 |
282.50 |
361.00 |
2RS |
Prestige |
249.00 |
318.00 |
263.00 |
336.00 |
263.00 |
336.00 |
277.50 |
354.50 |
2RS |
Cellar |
247.00 |
315.50 |
261.50 |
333.50 |
261.50 |
334.00 |
275.50 |
352.50 |
2RS |
Sebastien |
246.50 |
314.50 |
260.50 |
333.00 |
260.50 |
333.00 |
275.00 |
351.50 |
2RS |
Astoria |
245.00 |
313.00 |
259.50 |
331.50 |
259.50 |
331.50 |
274.00 |
350.00 |
2RS |
Cork |
244.00 |
311.50 |
258.00 |
330.00 |
258.50 |
330.00 |
272.50 |
348.50 |
2RS |
Average price |
247.50 |
316.00 |
261.50 |
334.50 |
262.00 |
334.50 |
276.50 |
353.00 |
6RW |
Esterel |
232.00 |
297.50 |
247.00 |
315.50 |
247.00 |
315.50 |
261.50 |
334.00 |
* |
Asia Malt 70/30 |
243.00 |
310.50 |
257.50 |
328.50 |
257.50 |
329.00 |
272.00 |
347.50 |
** |
Asia Malt 50/50 |
240.00 |
306.50 |
254.50 |
325.00 |
254.50 |
325.00 |
269.00 |
343.50 |
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
Theoretical malt prices for crop 2006 are available on site
www.e-malt.com/MarketPrices
Table of the week
USA Barley Supply and Distribution
MY June/May, TY Oct/Sept
|
1999/00 |
2000/01 |
2001/02 |
2002/03 |
2003/04 |
2004/05 |
2005/06 |
2006/07*f |
Area harvested, thousand ha |
1,851 |
2,104 |
1,729 |
1,669 |
1,913 |
1,627 |
1,323 |
1,295 |
Yield, t/ha |
3.2 |
3.3 |
3.1 |
3.0 |
3.2 |
3.7 |
3.5 |
3.4 |
Production, thousand metric t |
5,922 |
6,919 |
5,407 |
4,940 |
6,059 |
6,091 |
4,613 |
4,463 |
Imports / Mkt Year, thousand metric
t |
602 |
636 |
521 |
402 |
449 |
264 |
109 |
327 |
Imports / Trade Year, thousand metric
t |
644 |
663 |
538 |
282 |
497 |
157 |
200 |
300 |
Exports / Mkt Year, thousand
metric t |
613 |
1,258 |
575 |
659 |
409 |
506 |
653 |
544 |
Exports / Trade Year, thousand metric t |
853 |
1,068 |
517 |
552 |
384 |
750 |
400 |
500 |
Feed Cons., thousand metric t |
2,827 |
2,951 |
2,272 |
1,819 |
1,617 |
2,287 |
1,197 |
980 |
Total Cons., thousand metric t |
6,571 |
6,407 |
5,661 |
5,179 |
4,990 |
5,672 |
4,572 |
4,355 |
Ending Stocks, thousand metric t |
2,424 |
2,314 |
2,006 |
1,510 |
2,619 |
2,796 |
2,293 |
2,184 |
Source: USDA, May 2006, *f - forecast
Graph of the week
These Days in Business History
May 22th 1570
First atlas, with 70 maps, published
May 22th 1761
First life insurance policy in US, issued in Philadelphia
May 23th 1922
Walt Disney incorporates his 1st film company Laugh-O-Gram Films
May 23th 1934
The Brooklyn Bridge, linking Manhattan and Brooklyn in New York City, opened to traffic.
May 24th 1960
1 millionth Dutch telephone installed
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Agenda
May 2006:
THE 4 th EUROPEAN BEER AND HEALTH SYMPOSIUM
10th Annual Boonville Beer Festival
BIG BREW National Homebrew Day website
Great Japan Beer Festival
Beer Baron's World of Beer
TwinTrack Brewing Microbiology Program
Rugby Beer Festival
Australian International Beer Awards Beer Festival
Long Island Beer Festival Hundreds of beers from nearly 70 breweries
Calgary Brewfest 2006 Beer from Calgary
ALCO + SOFT International Specialized Exhibition of Drinks
Beer International Brewing Technology Exhibition
Iran food and drink tec International Food, Drink and Packaging Technology Trade
Mondial de la Biere Windsor Station & Courtyard
June 2006:
Fête de la Bière , Switzerland. Presented By: Association des Buveurs d'Orges
Brewers of Europe - General Assembly 2006 Stavanger, Norway
23rd Annual International Beer Tasting USA
Character Beer Weekend Hop 2006, Belgium
Food industry - 2006, Belarus. The 2nd international exhibition
Agro+Food+Drink+Tech Expo Georgia - 2006. The 7th International exhibition.
American Beer Fest Boston
ProPak Asia International Food and Drink Processing and Packaging Technology Exhibition
BevTech / BrewTech International Exhibition of Beverage and Brewary Processing and Packaging
IGC GRAINS CONFERENCE 2006
For conference sponsorship opportunities
National Homebrewers Conference
Beer festival - 2006 St.Petersburg
Seattle International Beerfest , USA
July 2006:
American Beer Month July, 2006 What is American Beer Month
Qingdao International Beer Festival, China.Barley and hops and more
Olesummer Festival 2006, Estonia. The Nordic countries' largest festival
The Beer World - 2006,Saransk, Russia.The specialized exhibition
Portland International Beerfest , USA. Taste the greatest beers
Witton Castle country and western festival
Brew at the Zoo Beer Tasting and Free Food.
More events are available on site e-malt.com
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Copyright © E-Malt s.a. 2006
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