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E-Malt.com Flash 49b
December 06 - December 09, 2007
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Currency Rates
Base Currency: Euro, EUR
on 07-December-2007

1 EUR = 1.4602 USD
1 EUR = 0.7204 GBP
1 EUR = 1.4805 CAD
1 EUR = 1.6745 AUD
1 EUR = 162.063 JPY
1 EUR = 2.6202 BRL
1 EUR = 35.8284 RUB
1 EUR = 10.8356 CNY
Base Currency: US Dollar
on 07-December-2007

1 USD = 0.6849 EUR
1 USD = 0.4933 GBP
1 USD = 1.0139 CAD
1 USD = 1.1467 AUD
1 USD = 110.987 JPY
1 USD = 1.7944 BRL
1 USD = 24.5365 RUB
1 USD = 7.4206 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
December 07, 2007
Crop 2007 Crop 2008
2rs Barley 286.0-288.0 2rs Barley 262.0-254.0 2.73%
6rw Barley 255.0-257.0 6rw Barley 231.0-234.0 0.87%
2rs Malt 530.5-532.5 0.38% 2rs Malt 492.0-494.0 2.18%
6rw Malt 491.5-493.5 0.41% 6rw Malt 453.0-455.0 1.00%

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 . The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


Top Industry News

Netherlands: Nimbus Investments buys InBev's United Dutch Breweries ...Click here
Serbia: Heineken acquires Rodic Brewery in Serbia ...Click here
USA: Coors Brewing Company announces plan to curb greenhouse gas emissions by 12% ...Click here
UK: Foreign beer companies control more than 50% of local market ...Click here
USA: Lawmakers consider to increase tax on beer ...Click here
Japan: Sapporo launches new beerlike drink ...Click here
UK: Barley area 3 to 7% up for harvest 2008 ...Click here
Denmark & Sweden & Finland: Lower barley prices reignite buying interest ...Click here
Canada: CWB boosts malting barley export target to 1.1 million tons ...Click here
Black Sea Region: Barley exports will be negligible for a few months ...Click here




Mexico: FEMSA announces successful issuance in Mexican bond market ...More Info
Philippines: San Miguel $597 mil domestic beer unit Initial Public Offering may be in Q2 2008 ...More Info
Russia: Baltika Breweries received business award as "Company of the Year, 2007" ...More Info
Australia: South Australia, Victoria & NSW barley pool estimates unchanged ...More Info
Go to our news database with more than 11841 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Netherlands: Nimbus Investments buys InBev's United Dutch Breweries
Netherlands-based Nimbus Investments has bought United Dutch Breweries from Belgian brewer InBev SA, Thomson Financial reported December 7.

No financial details were disclosed.

A spokesman from ...More Info

Serbia: Heineken acquires Rodic Brewery in Serbia
Heineken N.V. announced that it is to acquire the Rodic Brewery, in Novi Sad, Serbia, according to Heineken’s press release, December 5.

The acquisition is ...More Info

USA: Coors Brewing Company announces plan to curb greenhouse gas emissions by 12%

Coors Brewing Company announced its plans to reduce total greenhouse gas (GHG) emissions by 12 percent, indexed to its production level, by 2010, CSRwire reported December 5. The Company committed to the greenhouse reduction goal as part of the U.S. Environmental Protection Agency's (EPA's) Climate Leaders program - an EPA industry-government partnership that works with companies to develop comprehensive climate change strategies.

"At Molson Coors and Coors, our commitment to corporate responsibility is integral to how we run our businesses," said Gregory Wade, global chief supply chain officer for Molson Coors Brewing Company. "Reducing Coors' greenhouse gas emissions through the Climate Leaders program is both good for the environment and good for the company."

Climate Leaders partner companies are committed to reducing their impact on the global environment by completing a corporate-wide inventory of greenhouse gas emissions based on a quality management system, setting aggressive reduction goals, and annually reporting their progress to the EPA. Through program participation, companies create a credible record of their accomplishments and receive EPA recognition as corporate environmental leaders.

"By setting a long-term greenhouse gas reduction goal and committing to reducing its carbon footprint, Coors Brewing Company is demonstrating corporate climate change leadership," said Robert J. Meyers, principal ...More Info


UK: Foreign beer companies control more than 50% of local market
Following the demise of the `big six' domestic brewers, multinationals took control of the UK market, although the two largest UK-based brewers -- Scottish ...More Info

USA: Lawmakers consider to increase tax on beer

Lawmakers are considering a tax increase on beer, and proponents say the mental health and substance abuse treatment that would benefit are good causes, according to Associated Press, December 6.

Wyoming currently taxes beer at 2 cents per gallon. A draft bill before the Select Committee on Mental Health and Substance Abuse would raise that to 6.5 cents per gallon.

By volume, the tax on beer is low. Wine is taxed at 28 cents per gallon. The tax on hard alcohol is 24 cents per gallon. But Wyomingites drink enough beer that the increase would raise an additional $607,500 a year, based on the $270,000 raised by the current 2 cent tax each year.

The additional revenue would be part of $14.5 million the bill would add to the state's substance abuse account. Proponents say the Legislature likely would find that approach more palatable than a bill just to increase the beer tax.

"I think people are going to be real leery about a beer tax," said Rep. Keith Gingery, co-chairman of the Select Committee on Mental Health and Substance Abuse.

At least one lobbyist already opposes the bill. Mike Moser, of the Wyoming Liquor Association, said higher taxes on alcohol aren't necessary.

"You're charging ...More Info


Japan: Sapporo launches new beerlike drink

Promoting it as a good party drink, Sapporo Breweries Ltd. said it is set to launch a new beerlike alcoholic beverage featuring a fruity aroma, The Japan Times reported December 5.

Draft One Sparkling Aroma, which hits store shelves Wednesday, is made from aroma-rich hops and tastes like a cross between beer and sparkling wine, the company said.

Sapporo is targeting sales of 350,000 cases of the new drink this winter. One case contains 20 bottles.

The company also said it has retuned its Draft One beerlike alcoholic beverage, making the taste lighter and sharper.


Barley News

UK: Barley area 3 to 7% up for harvest 2008
UK winter barley area is estimated to increase by 3% and spring barley by 7% for harvest 2008, according to ADAS report, December 4. ...More Info

Denmark & Sweden & Finland: Lower barley prices reignite buying interest
Prices for 2007 crop had only one direction for 6-7 weeks lacking buying interest and driven by quite some long holders for October-December positions, ...More Info

Canada: CWB boosts malting barley export target to 1.1 million tons
The CWB has boosted its export target to 3 Mill. tons of barley, according to analysts, December 3. The figure includes approx. 1,0 – ...More Info

Black Sea Region: Barley exports will be negligible for a few months
Exports of barley from the Black Sea region will be negligible for a few months to come, according to analysts, December 3. Russia imposed ...More Info
Scientific Digest

The effect of storage conditions on post-harvest maturation and maltability of barley

Rainer Reuss, Julie Cassells, Jane Green and Tracy Willis from CSIRO, GPO Box 1700, Canberra, ACT, 2601. Julie.Cassells@csiro.au. www.csiro.au and Ralph Nischwitz from Barrett Burston Malting Co., 15 Gough Street, Richmond, Victoria 3121 nischwitz@bbmalt.com.au

Abstract
Storage conditions have a major influence on the rate at which dormancy breakdown occurs. The rate of breakdown depends mainly on grain moisture content, storage temperature, storage time and the characteristics of individual batches of barley. Data presented in this paper are a significant addition to the existing knowledge on post harvest maturation of Australian malting barley. Germination of Gairdner and Sloop increased at low moisture content (mc) at storage temperatures above 20oC, as water sensitivity progressively broke down. In contrast, Grimmett germination declined under similar conditions. Stirling was very robust and maintained its germination even under high temperature storage, while Tallon had to be stored below 25oC to prevent loss in barley quality. Samples with high water sensitivity and dormancy were less vulnerable to germination loss. Dormancy and water sensitivity could be overcome by matching storage conditions and barley characteristics. Gairdner, Sloop and Stirling, all samples with some level of dormancy and water sensitivity, showed improved maltability after storage, while Tallon and Grimmett, samples with high pre-storage germination, decreased in maltability under most storage conditions. Longer term storage under mild conditions generally resulted in better malting outcomes. Storage affected Kohlbach index, wort -glucan, diastatic power and apparent attenuation limit of malt. Changes in germination and maltability need to be considered in combination to develop optimum storage strategies for breaking dormancy and water sensitivity. In dormant grain, enzyme activity of a-amylase and b-glucanase changed with storage, while b-amylase measurements showed no clear trends. Enzyme activity decreased at higher mc and temperatures concurrent with germination loss. Changes in enzyme activity were highly sample-dependent. An understanding of the vulnerability of particular cultivars to damage in storage will assist in increasing and preserving value. Barley with pronounced levels of dormancy and/or water sensitivity can be safely stored at 25 to 30C for short periods to increase germination. Care must be taken to monitor germination during storage, and moisture content should be kept at or below 12%. Dormant barley stored at low temperatures may not reach malting quality, even over a 12 month period. Key Words Storage, germination, malting, amylase, glucanase, dormancy, water sensitivity
... Load full article, 10 pages, 120 Kb, PDF file

Malting barley prices.

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

EU Malt Export Licence Fixations
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


Source: HGCA

These Days in Business History
December 06
1768 1st edition of "Encyclopedia Brittanica" published (Scotland)
1877 Washington Post publishes 1st edition
1922 1st electric power line commercial carrier in U.S., Utica, New York

December 07
1926 Gas refrigerator patented
1941 Japanese attack Pearl Harbor (a date that will live in infamy)
1945 Microwave oven patented

December 08
1794 1st issue of Herald of Rutland, VT published
1863 Abraham Lincoln announces plan for Reconstruction of South
1923 Salary and price freeze in Germany

December 09
1793 Noah Webster establishes New York's 1st daily newspaper, American Minerva
1843 P Paul Leroy-Beaulieu French economist is born. He dies the same day in 1916 at 73
1968 Doug Engelbart demonstrates first computer mouse at Stanford
Agenda