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E-Malt.com Flash 02b
January 10 - January 13, 2008
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Quote of the week

"There are no bad beers; some kinds are better than others. "
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Currency Rates
Base Currency: Euro, EUR
on 11-January-2008

1 EUR = 1.4695 USD
1 EUR = 0.7505 GBP
1 EUR = 1.4846 CAD
1 EUR = 1.6605 AUD
1 EUR = 161.235 JPY
1 EUR = 2.5964 BRL
1 EUR = 35.8468 RUB
1 EUR = 10.6991 CNY
Base Currency: US Dollar
on 11-January-2008

1 USD = 0.6805 EUR
1 USD = 0.5107 GBP
1 USD = 1.0102 CAD
1 USD = 1.13 AUD
1 USD = 109.722 JPY
1 USD = 1.7669 BRL
1 USD = 24.3934 RUB
1 USD = 7.2806 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
January 11, 2008
Crop 2007 Crop 2008
2rs Barley €306.0-308.0 2rs Barley €289.0-291.0 0.35%
6rw Barley €276.0-278.0 1.09% 6rw Barley €252.0-254.0 0.80%
2rs Malt €561.5-563.5 2rs Malt €528.5-530.5 0.28%
6rw Malt €523.5-525.5 0.67% 6rw Malt €481.5-483.5 0.42%

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: 3 top brewers expect lower 2008 sales ...Click here
Mexico: Modelo raises domestic beer prices by 4% due to inflation ...Click here
UK: Scottish & Newcastle rejects latest offer from Carlsberg and Heineken, but leaves door open ...Click here
India: Beer sales growth slumps to 14% as prices soar ...Click here
Czech Republic: Czech brewer Budvar not likely to be sold by current government ...Click here
Finland: Finnish health and social services minister opts for a rapid beer tax hike ...Click here
Canada: CWB announces important changes for barley marketing ...Click here

Japan: Suntory to raise restaurant-use beer prices in April ...More Info
Cuba: Tínima Brewery widens prospects in 2008 ...More Info
Belgium: Inbev seeks digital shop for Stella Artois ...More Info
Antigua and Barbuda: Antigua Breweries to increase beer prices due to higher costs ...More Info
Czech Republic: Microbreweries becoming increasingly popular ...More Info
Australia: Victoria, New South Wales & South Australia barley pool estimates again unchanged ...More Info
Ukraine: Barley production down 47.3% in 2007 y/y ...More Info
Go to our news database with more than 11990 articles.
Today with the possibility to be translated in 7 different languages!

Brewery News

Japan: 3 top brewers expect lower 2008 sales
Three of Japan's four major brewers project lower sales of beer and quasi-beer products in 2008 than in the previous year as the domestic ...More Info

Mexico: Modelo raises domestic beer prices by 4% due to inflation
Mexico's leading brewer Modelo, the maker of Corona beer, raised domestic beer prices by an average of 3.5 percent to 4.0 percent, a company ...More Info

UK: Scottish & Newcastle rejects latest offer from Carlsberg and Heineken, but leaves door open
British brewer Scottish & Newcastle squashed a third break-up bid offer from Heineken and Carlsberg on, insisting that the consortium bidders would have to ...More Info

India: Beer sales growth slumps to 14% as prices soar

Soaring beer price dampened the brewing industry’s growth party with volume surge softening in the recent quarters, TNN reported January 8. India’s beer consumption that clocked 28% jump in the last financial year is growing at 14% in the first nine month period of FY2008.

This is despite a robust 20% growth reported in the April-June quarter. The subsequent two quarters saw volume growth dropping as beer price jumped between 12-22% in key markets on the back of increased State levies. Senior officials at the brewing giants UB and SABMiller confirmed growth rate of 13-14% in the first nine months.

There could be some more immediate softening on the anvil, as the big growth markets of Andhra Pradesh and Tamil Nadu have seen a price hike in the last weeks of December. The biggest guzzler Andhra Pradesh with around 12% and Tamil Nadu with over 15% growth have been driving the year-to-date growth.

The consumer price on strong beer in Andhra Pradesh is up Rs 8 on a 650 ml pack to touch Rs 70, while in the neighbouring Tamil Nadu, which is the second largest market, there is a similar Rs 8 hike taking the 650 ml price to Rs ...More Info

Czech Republic: Czech brewer Budvar not likely to be sold by current government
The current Czech government is not likely to sell state-owned brewery Budvar during its term in office, ending in 2010, due to a lack ...More Info

Finland: Finnish health and social services minister opts for a rapid beer tax hike
Paula Risikko, the Finnish health and social services minister, was quoted as saying by business daily Kauppalehti that she was prepared to opt for ...More Info

Barley News

Canada: CWB announces important changes for barley marketing

Under a new CWB program, farmers will be offered the option of cash-price contracts for their malting barley, plus the benefits of single-desk selling through the CWB, according to CWB’s press release, January 9.

If these contracts were available through selecting companies today, the upfront cash price for malting barley producers would be over $5 per bushel, backed off to west central Saskatchewan, with flexibility to negotiate additional terms directly with the companies.

“We’ve developed an innovative program that delivers the options farmers are looking for in barley marketing,” said Allen Oberg, CWB farmer-elected director from Forestburg, Alberta. “Farmers have indicated that they want a strong, viable CWB as well as more choice. Under this program, they will have both.”

The program announced by the CWB today is called CashPlus and is designed to suit farmer needs and add flexibility in malting barley pricing. It also responds to the malting industry’s desire for improved operational certainty in the aftermath of upheavals in the Canadian malting barley industry during 2007.

Under CashPlus, the CWB will establish a guaranteed cash price for farmers that reflects market values. Participating selectors will then contract directly with farmers. The CWB will also pay a potential additional premium to farmers ...More Info

Scientific Digest

Determination of the Contents of A- and B-Starches in Barley using Low Angle Laser Light Scattering

IVAN BOHAČENKO(1), JOSEF CHMELÍK(2) and VRATISLAV PSOTA(3) (1)Food Research Institute Prague, Prague, Czech Republic; (2)Institute of Analytical Chemistry, Academy of Sciences of the Czech Republic, Brno, Czech Republic; (3)Research Institute of Brewing and Malting, Brno, Czech Republic

BOHAČENKO I., CHMELÍK J., PSOTA V. (2006): Determination of the contents of A- and B-starches in barley using Low Angle Laser Light Scattering. Czech J. Food Sci., 24: 11–18. A method was proposed for the determination of the contents of A- and B-starches in barley and for the use in plant breeding stations and brewing/malting laboratories. A combination was used of classical methods (incl. crushing of barley kernels by a roll crusher, steeping in 0.02M HCl, repeated rubbing and filtering through the sieve of 0.08 mm), and novel pieces of know-how (treatment with β-glucanase and cellulase, alkalisation at pH = 10.0 and centrifugation of crude starch suspension through the layer of CsCl). In this way, barley starch of high purity was obtained at a very low loss, using Low Angle Laser Light Scattering for the determination of the size distribution of starch granules. The boundary of the particle size between the peaks of A-starch and B-starch (7 μm) was evaluated from the distribution curves, while the contents of A- and B-starches were calculated from the cumulative curves. As a whole, the method was internally validated and for its repeatability and uncertainty of measurement the stimates of standard deviation s = 1.56 and confidence interval L1,2 = x ± 1.9% were established, respectively. Taking into account the generally well known difficulties associated with the extraction of substances from biological materials, in this case the separation of starch from barley kernels, we believe that the proposed method will bring satisfactory results in practice. Keywords: barley; A-starch; B-starch; starch granules; Low Angle Laser Light Scattering
... Load full article, 8 pages, 193 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

Prices Evolution

Prices evolution

Table of the week

Australian Barley Supply and Disposal 2001 - 2008f
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Graph Of The Week

These Days in Business History
January 10
1863 First underground railway opens in London.
1870 John D. Rockefeller, Sr. founds The Standard Oil Co. (Ohio) with $1 million in capital and control of a tenth of the nation’s oil refining.
1946 UN General Assembly convenes for 1st time (London)

January 11
1757 Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 1st American life insurance company incorporated, Philadelphia
1873 1st livestock market newspaper published, Drover's Journal, Chicago

January 12
1914 Henry Ford announces that he will share the Ford Motor Co.’s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day.
1970 Boeing 747 makes its maiden voyage
1975 Chrysler Corp offers 1st car rebates

January 13
1785 John Walter publishes 1st issue of London Times
1942 Henry Ford patents a method of constructing plastic auto bodies