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E-Malt.com Flash 05a
January 28 - January 30, 2008
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Quote of the week

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Currency Rates
Base Currency: Euro, EUR
on 30-January-2008

1 EUR = 1.4773 USD
1 EUR = 0.7438 GBP
1 EUR = 1.4805 CAD
1 EUR = 1.6633 AUD
1 EUR = 157.826 JPY
1 EUR = 2.6295 BRL
1 EUR = 36.1816 RUB
1 EUR = 10.6458 CNY
Base Currency: US Dollar
on 30-January-2008

1 USD = 0.6769 EUR
1 USD = 0.5035 GBP
1 USD = 1.0022 CAD
1 USD = 1.1259 AUD
1 USD = 106.836 JPY
1 USD = 1.7799 BRL
1 USD = 24.4914 RUB
1 USD = 7.2062 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
January 30, 2008
Crop 2007 Crop 2008
2rs Barley €312.0-314.0 1.57% 2rs Barley €300.0-302.0 0.66%
6rw Barley €270.0-272.0 2.52% 6rw Barley €257.0-259.0
2rs Malt €572.0-574.0 1.04% 2rs Malt €547.0-549.0 0.45%
6rw Malt €519.5-521.5 1.61% 6rw Malt €493.0-495.0

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

Czech Republic: Prazdroj 2007 beer sales up 2% on higher exports ...Click here
Turkey & Netherlands: Efes Breweries and Heineken to establish a JV for Uzbekistan and intend to collaborate in Kazakhstan and Serbia ...Click here
Germany: German beer consumption continues steady decline in 2007 falling 3.7% y/y ...Click here
Latvia: Latvian beer sales increased 3.76% in 2007 ...Click here
Belgium: InBev announces AmBev’s increase of the tender offer price for shares of Quinsa ...Click here
Belarus: Syabar beer production up 45.4% in 2007 ...Click here
World: Future big beer deals may depend on InBev ...Click here
Canada: Minister Ritz says Ottawa will end Wheat Board's barley monopoly ...Click here
Russia: Barley harvest sharply reduced in 2007 ...Click here

Russia: Ochakovo beer exports grew 51% in 2007 ...More Info
USA: U.S. antitrust officials seen swallowing Miller-Coors beer deal ...More Info
Russia: The Federal Antimonopoly Committee acts for cancellation of the 20%-rate on aluminium cans import ...More Info
Cyprus: Beer consumption in 2007 up 5 % ...More Info
UK: German Inbev’s marketing director moved to UK to face Stella Artois struggle ...More Info
Russia: Beer production up 16% in 2007 (CORRECTED) ...More Info
USA: Coors Brewing Company signs historic economic covenant with National Black Economic Development Coalition ...More Info
Singapore: Dr Michael Fam retires as Asia Pacific Breweries Chairman ...More Info
Ukraine: Brewing barley reserves on grain storage companies totalled 383,098 MT on 1 January 2008 ...More Info
Peru & Canada: Canada – Peru free trade agreement is good news for Prairie barley growers ...More Info
USA: North Dakota forum focuses on barley ...More Info
Go to our news database with more than 12084 articles.
Today with the possibility to be translated in 7 different languages!

Brewery News

Czech Republic: Prazdroj 2007 beer sales up 2% on higher exports
The largest Czech brewery Plzensky Prazdroj sold more than 10.9 million hectolitres of beer in 2007, a growth of 2 percent year-on-year, chief executive ...More Info

Turkey & Netherlands: Efes Breweries and Heineken to establish a JV for Uzbekistan and intend to collaborate in Kazakhstan and Serbia
Efes Breweries International N.V. (“EBI”), 70% subsidiary of Anadolu Efes, announced that EBI and Heineken International B.V. (“Heineken”) signed an agreement to establish a ...More Info

Germany: German beer consumption continues steady decline in 2007 falling 3.7% y/y
German beer consumption continued its steady decline in 2007, domestic sales falling 3.7 per cent on the year to 88.5 million hectolitres and almost ...More Info

Latvia: Latvian beer sales increased 3.76% in 2007
Last year Latvian beer producers sold 1.46 million hectoliters of beer, which is 3.76% more than in 2006 (1.41 mil hl), according to Latvian ...More Info

Belgium: InBev announces AmBev’s increase of the tender offer price for shares of Quinsa
InBev announces that, as of close of business on January 28, 2008, 6,277,001 Class B shares (including Class B shares held as ADSs) of ...More Info

Belarus: Syabar beer production up 45.4% in 2007
The Closed Joint-Stock Company “Pivovarennaya Kompaniya “Syabar” (The brewing company “Syabar”) (Mogilevskaya Oblast) in 2007 produced 0.558 million hectoliters of beer which is by ...More Info

World: Future big beer deals may depend on InBev
The world's biggest brewer InBev could hold the key to any further big deals in the global beer market, with links to Anheuser-Busch and ...More Info

Barley News

Canada: Minister Ritz says Ottawa will end Wheat Board's barley monopoly

Canada's Agriculture Minister, Gerry Ritz, says he'll bring in legislation to end the Canadian Wheat Board's monopoly on barley sales and allow western farmers to sell their crops privately, CBC News reported January 29.

The idea of so-called optional marketing was endorsed at a meeting of farm and agribusiness groups on Tuesday in Ottawa. Ritz said he hopes the wheat board will embrace the idea at its own meetings in Winnipeg this week.

Ritz said having the board onside will make it easier for the federal government to pass the necessary legislation, but adds he's ready to go ahead even without the board.

It's time for change and the status quo isn't an option, Ritz said.

The question of barley marketing has split the ranks of Prairie farmers in the last year, with some embracing it and others seeing it as an attempt to dismantle the wheat board.

The National Farmers NFU's Glenn Tait said the meeting included representatives of Cargill, Archer Daniels Midland, Rahr Malting and Viterra but excluded those opposed to Ottawa's plans. Continue Article

"I think it's more of a bully session," he said. "Everybody intent on destroying the Canadian Wheat Board lined up on one side and two or three brave souls from ...More Info

Russia: Barley harvest sharply reduced in 2007
In 2007, Russia sharply reduced the harvest of barley, according to AgriMarket, January 30.

According to the Federal Statistics Service of Russia, in 2007 the ...More Info
Scientific Digest

Microbes in the tailoring of barley malt properties

Arja Laitila
Academic dissertation in Microbiology presented, with permission of the Faculty of Agriculture and Forestry of the University of Helsinki, for public criticism in the Auditorium of Helsinki University Museum Arppeanum, Snellmaninkatu 3, on the 31st of August 2007, at 12 o’clock noon.

Malted barley (malt) is traditionally used in the production of beer and distilled spirits. In addition, it can be processed into ingredients for different areas of the food industry. Malting, the controlled germination of cereal grains, is a complex biological process involving a wide range of biochemical and physiological reactions. The diverse microbial communities naturally colonizing barley grains play a crucial role in this process. Therefore, the malting process can be considered as an ecosystem involving two metabolically active groups: the germinating grains and the diverse microbiota. It is evident that the multitude of microbes greatly influences the malting process as well as the quality of the final product. The main goal of this thesis was to study the relationships between microbes and the germinating grain during the malting process. Furthemore, this study provides a basis for tailoring of malt properties with natural, malt-derived microbes....

Keywords barley, malting, malt quality, bacteria, yeasts, filamentous fungi, microbiota, management, biocontrol
... Load full article, 112 pages, 2465 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

Source: ABARE, December 2007

Table of the week

Europe Barley Crop Estimate 2007
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Graph Of The Week

These Days in Business History
January 28
1878 1st telephone exchange (New Haven, CT)
1878 Yale Daily News published, 1st college daily newspaper
1998 Michelangelo's "Christ & the Woman of Samaria", sold for $7.4 million

January 29
1886 1st successful gasoline-driven car patented, Karl Benz, Karlsruhe
1986 193.8 million shares traded in NY Stock Exchange
1988 United Airlines Boeing 747SP, circles world in 36h54m15s

January 30
1922 World Law Day, 1st celebrated 1951 Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 Belgium's TV channel 2 in Flanders goes on the air