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E-Malt.com Flash 05b
January 31 - February 03, 2008
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Currency Rates
Base Currency: Euro, EUR
on 01-February-2008

1 EUR = 1.4854 USD
1 EUR = 0.7472 GBP
1 EUR = 1.4819 CAD
1 EUR = 1.666 AUD
1 EUR = 158.04 JPY
1 EUR = 2.621 BRL
1 EUR = 36.2961 RUB
1 EUR = 10.6847 CNY
Base Currency: US Dollar
on 01-February-2008

1 USD = 0.6733 EUR
1 USD = 0.503 GBP
1 USD = 0.9976 CAD
1 USD = 1.1216 AUD
1 USD = 106.399 JPY
1 USD = 1.7645 BRL
1 USD = 24.4348 RUB
1 USD = 7.193 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
February 01, 2008
Crop 2007 Crop 2008
2rs Barley €311.0-313.0 0.32% 2rs Barley €299.0-301.0 0.33%
6rw Barley €267.0-269.0 1.11% 6rw Barley €257.0-259.0
2rs Malt €571.5-573.5 0.09% 2rs Malt €545.5-547.5 0.27%
6rw Malt €516.0-518.0 0.67% 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

USA: Anheuser-Busch reports increased sales and earnings for the fourth quarter and full year 2007 ...Click here
Czech Republic: Beer output grows by 1% in 2007 ...Click here
Chile: CCU 2007 profits up 32% on higher revenue ...Click here
Australia: Foster’s, Lion Nathan, Coopers to increase beer prices ...Click here
Belarus: Beer production increased 7.1% in 2007 ...Click here
Romania: Ursus Breweries expects market growth rate to slow down ...Click here
Denmark: Royal Unibrew to close Aarhus brewery in Q4 2008 ...Click here
Bulgaria: Brewers produced 6 million hectoliters of beer in 2007 ...Click here
Canada: Minister of Agriculture announces appointment of new President and Chief Executive Officer of the Canadian Wheat Board ...Click here
Australia: Barley stocks above year ago levels ...Click here

USA & Belgium: InBev declines comment on Anheuser-Busch merger talk ...More Info
Australia: Lion Nathan arranges AU$450 million loan to refinance existing facilities ...More Info
Belgium: InBev to outsource internal service staff posts ...More Info
UK: First Minister meets new S&N owners to seek assurances over jobs ...More Info
Australia: Cost of beer goes up in South Australia ...More Info
Russia: Baltika Breweries receives the ‘HR-Brand of the Year’ award ...More Info
Nigeria: Champion Breweries expresses confidence in federal government’s reforms programmes ...More Info
Canada: Canada's Liberal Party calls Wheat Board changes undemocratic ...More Info
Australia: ABB appoints Chief Financial Officer ...More Info
Go to our news database with more than 12102 articles.
Today with the possibility to be translated in 7 different languages!

Brewery News

USA: Anheuser-Busch reports increased sales and earnings for the fourth quarter and full year 2007
Anheuser-Busch Cos. Inc. reported that fourth quarter 2007 net sales increased 7.9 percent and diluted earnings per share increased 16 percent. For the full ...More Info

Czech Republic: Beer output grows by 1% in 2007
Czech beer production will reach a record 20 million hectolitres last year, about one percent more on the year, and Czech beer exports will ...More Info

Chile: CCU 2007 profits up 32% on higher revenue
Leading Chile brewer CCU said its 2007 net profit rose 32 percent from the same period last year as revenue climbed, according to Reuters, ...More Info

Australia: Foster’s, Lion Nathan, Coopers to increase beer prices
Australia's three largest brewers are set to increase beer prices at the end of the week, according to Reuters, January 30. Foster's Group will ...More Info

Belarus: Beer production increased 7.1% in 2007
Belarusian brewers produced 3.55 mil hl of beer in 2007 which is 7.1% more than in 2006, according to “Belgospischeprom”, Interfax reported January 31.

The ...More Info

Romania: Ursus Breweries expects market growth rate to slow down
Stefan Maria Weber, the new chairman of Ursus Breweries, the producer of Ursus and Timisoreana beer brands, says he is impressed with the domestic ...More Info

Denmark: Royal Unibrew to close Aarhus brewery in Q4 2008
Denmark's Royal Unibrew AS said it has decided to close down production at its brewery in Aarhus in the fourth quarter 2008, as negotiations ...More Info

Bulgaria: Brewers produced 6 million hectoliters of beer in 2007
Almost 6 million hectoliters beer has been produced in Bulgaria in 2007, Newsbg reported January 30.

This makes 74 liters drunken beer per man, the ...More Info

Barley News

Canada: Minister of Agriculture announces appointment of new President and Chief Executive Officer of the Canadian Wheat Board

The Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, announced the appointment of Ian White as President and Chief Executive Officer of the Canadian Wheat Board (CWB), Agriculture and Agri-Food Canada reported in a press release, January 30. Mr. White has been appointed for a three-year term starting March 31, 2008.

"I am pleased that Mr. White has accepted the appointment of President and CEO of the CWB," said Minister Ritz. "With the strong support both this Government and the CWB have given Mr. White, I trust both will give him the freedom and the tools he will require to work in the interests of Western Canadian producers."

Mr. White’s appointment is fully supported by both the Government of Canada and the Canadian Wheat Board.

"The CWB, in conjunction with the government, engaged in a rigorous process and extensive search to find the best candidate for the position, and we are confident that Mr. White, with his comprehensive background and experience, will provide strong leadership to the corporation," said Ken Ritter, Chair of the Search Committee and the CWB Board of Directors.

Mr. White will provide strong leadership as the CWB faces a number of challenging issues, ...More Info

Australia: Barley stocks above year ago levels
The Australian Bureau of Statistics reports that as of December 31, 2007, domestic barley stocks totalled 4.758 million tons, compared to 3.106 million on ...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 31
1956 The twist off bottle cap is invented
1973 Ragnar Frisch Norwegian economist (Nobel 1969), dies at 77
1990 McDonald’s opens its first restaurant in Russia.

February 1
1788 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 1st volume of the Oxford English Dictionary, A-Ant, published
1898 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 World trade conference Unctad 2 opens in New Delhi

February 2
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.
1995 Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy after rogue trader Nick Leeson loses more than $1.4 billion on unauthorized (and apparently unsupervised) trades in Japanese stock futures.

February 3
1690 1st paper money in America issued (colony of Mass)
1815 World's 1st commercial cheese factory established, in Switzerland
1848 For $15 million, the United States purchases the entire territories of Arizona, California, New Mexico, and Texas, along with parts of Colorado, Nevada, and Utah, from Mexico under the Treaty of Guadalupe Hidalgo.