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E-Malt.com Flash 21b
May 21 - May 25, 2008
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Currency Rates
Base Currency: Euro, EUR
on 22-May-2008

1 EUR = 1.5709 USD
1 EUR = 0.7986 GBP
1 EUR = 1.5528 CAD
1 EUR = 1.6349 AUD
1 EUR = 162.407 JPY
1 EUR = 2.5957 BRL
1 EUR = 37.1043 RUB
1 EUR = 10.9495 CNY
Base Currency: US Dollar
on 22-May-2008

1 USD = 0.6366 EUR
1 USD = 0.5084 GBP
1 USD = 0.9885 CAD
1 USD = 1.0408 AUD
1 USD = 103.393 JPY
1 USD = 1.6524 BRL
1 USD = 23.6205 RUB
1 USD = 6.9704 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

May 22, 2008

Type Crop 2007 Crop 2008
2rs Barley nq €237.0-239.0 1.65%
6rw Barley nq €217.0-219.0 1.80%
2rs Malt €527.0-529.0 0.38% €478.5-480.5 1.03%
6rw Malt €494.0-496.0 0.41% €452.5-454.5 1.09%
Feed Barley €166.0-168.0 nq

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

Belarus: Heineken acquires Rechitsa brewery in Belarus ...Click here
China: China Resources Enterprise increased beer sales by 11% in Q1 2008 ...Click here
Czech Republic: Brewery Staropramen more than doubles profit in 2007 on record beer sales ...Click here
Romania: Ursus Breweries sales up 28% in FY 2007 ...Click here
Vietnam: New 500,000 hectolitres brewery operational in Thanh Hoa ...Click here
Russia & Canada: Baltika Brewery increases export deliveries to Canada ...Click here
Australia: A record 4.8 million ha of barley will be sown this year ...Click here
France: Malting barley market in expectation, feed barley motionless ...Click here
Europe: Barley crop in EU-27 forecasted at 59.5 million tonnes ...Click here
World: Barley crops threatened in Turkey, Cyprus, Syria and Iraq ...Click here
Czech Republic: Hop acreage reached 5345 ha in 2008, almost unchanged from previous ...Click here




Uganda: Nile Breweries grows by 4% in three years, plans to invest $20 million in 2008 ...More Info
China: Yanjing Brewery share sale to raise 1.5-2 billion yuan ...More Info
India: Beer market ready for new low alcohol content and fruit-flavored beers ...More Info
USA: Miller Brewing to roll out new light beer in Portland ...More Info
USA: Molson Coors awaits approval for SAB Miller merger ...More Info
Austria & Switzerland: Beer more expensive in Austria than in Switzerland with only 2 weeks till European Football Championship ...More Info
USA: Molson Coors Brewing Company raises its dividend by 25% ...More Info
Turkey: Efes Beverage Group Anadolu Efes announces changes in the board of directors ...More Info
Canada: Big Rock Brewery Income Trust announces monthly distribution ...More Info
UK: Whitstable Bay Premium Ale makes its annual appearance as a seasonal guest beer ...More Info
USA: Bass Hall director moving to San Antonio brewery complex post ...More Info
USA: Deschutes Brewery raises more than $12,000 for clean rivers ...More Info
India: Carlsberg and Tiger beer manufacturers are said to be exploring tie-ups with Pepsi ...More Info
India: Barley futures hit highs on demand from the domestic malt-makers ...More Info
Go to our news database with more than 12787 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Belarus: Heineken acquires Rechitsa brewery in Belarus
Heineken N.V. announced that it is to acquire the Rechitsa brewery, strengthening Heineken’s number two position in the fast growing Belarus market giving the ...More Info

China: China Resources Enterprise increased beer sales by 11% in Q1 2008
China Resources Enterprise, Limited (‘The Company’ or together with its subsidiaries, ‘The Group’) announced its unaudited quarterly financial and operational review for the three ...More Info

Czech Republic: Brewery Staropramen more than doubles profit in 2007 on record beer sales
Czech brewery Pivovary Staropramen more than doubled profit to Kc578.4m last year from Kc231.3m in 2006, and raised revenues from Kc3.56bn to Kc3.75bn, the ...More Info

Romania: Ursus Breweries sales up 28% in FY 2007
SAB Miller Romania sold 5 million hectolitres of beer in the financial year that ended 31 March, up by 28% y/y, thus securing the ...More Info

Vietnam: New 500,000 hectolitres brewery operational in Thanh Hoa
Thanh Hoa – Nghi Son Brewery Joint Stock Company on May 19 officially launched the operation of Nghi Son Brewery Plant in Nghi Son ...More Info

Russia & Canada: Baltika Brewery increases export deliveries to Canada
OJSC "Brewing Company "Baltika" increases export deliveries to Canada, according to the media, May 21.

Beer "Baltika N 3 Classical" will be delivered in two ...More Info

Barley News

Australia: A record 4.8 million ha of barley will be sown this year
Australia will plant a record area of barley this year, ProFarmer Australia said, according to Bloomberg, May 21.

Barley plantings may gain 11 percent, Richard ...More Info

France: Malting barley market in expectation, feed barley motionless
The malting barley market is in expectation this week with the operators assured by the good crop development both for winter and spring barley, ...More Info

Europe: Barley crop in EU-27 forecasted at 59.5 million tonnes
Coceral had forecast a barley crop of 59.5 million tonnes vs. 57.5 million tonnes in 2008 for the EU-27, of which 31.2 million tonnes ...More Info

World: Barley crops threatened in Turkey, Cyprus, Syria and Iraq
A bad drought area is the Eastern Mediterranean and the Arab Peninsula. Barley crops are threatened in Turkey, Cyprus, Syria and Iraq, according to ...More Info

Hops News

Czech Republic: Hop acreage reached 5345 ha in 2008, almost unchanged from previous
According to the report of Central Institute for Supervising and Testing in Agriculture, department for hops, the total acreage of hops in the Czech ...More Info
Scientific Digest

Optimal Beer Fermentation

W. Fred Ramirez and Jan Maciejowski

Abstract
J. Inst. Brew. 113(3), 325–333, 2007 A new tool was developed to solve a wide range of optimal beer fermentation problems. Using a mathematical model of beer fermentation, the direct dynamic optimization technique of sequential quadratic programming was investigated for determining the optimal cooling policy to maximize ethanol production for a fixed final time, including effects that optimize flavor. The new tool is very efficient for determining optimal cooling strategies. New control strategies were found that increase ethanol production while decreasing the deleterious effects of fusel alcohols and keeping the acetaldehyde concentrations at moderate levels. Model parameter sensitivity was investigated and it was shown that the system could be regulated successfully around optimal temperature profiles. Key words: Dynamic optimization, fermentation, mathematical modeling, optimal flavor. ... Load full article, 9 pages, 1153 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

Malt Price Evolution Crop 2007

Source: E-malt.com

Table of the week
Australian Barley Outlook 2005 - 2013
Table of the week.

Graph Of The Week



These Days in Business History
May 22
1785 Benjamin Franklin announces his invention of bifocals
1900 Associated Press News Service forms in New York
1918 King Oil/Shell refinery on Curacao officially opens

May 23
1922 Walt Disney incorporates his 1st film company Laugh-O-Gram Films
1956 World Trade Center dedicated in Ferry Building, San Francisco
1995 Sun Microsystems launches Java, the universal Internet programming language

May 24
1688 The earliest known book on the stock market, Joseph Penso de la Vega’s Confusion de Confusiones (Confusion of Confusions), appears.
1973 The Stock Exchange of Singapore is founded.
1985 Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.

May 25
1915 Thomas Edison invents telescribe to record telephone conversations
1954 IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour
1960 1 millionth Dutch telephone installed
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