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E-Malt.com Flash 44a
October 27 - October 29, 2008
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Currency Rates
Base Currency: Euro, EUR
on 29-October-2008

1 EUR = 1.2491 USD
1 EUR = 0.8003 GBP
1 EUR = 1.6148 CAD
1 EUR = 2.0265 AUD
1 EUR = 118.218 JPY
1 EUR = 2.7548 BRL
1 EUR = 34.082 RUB
1 EUR = 8.5685 CNY
Base Currency: US Dollar
on 29-October-2008

1 USD = 0.8007 EUR
1 USD = 0.6408 GBP
1 USD = 1.2928 CAD
1 USD = 1.6226 AUD
1 USD = 94.6506 JPY
1 USD = 2.2055 BRL
1 USD = 27.2859 RUB
1 USD = 6.8599 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

October 29, 2008

Type Crop 2008 Crop 2009
2rs Barley EUR137.0-139.0 2.13% EUR149.0-151.0 0.66%
6rw Barley EUR127.0-129.0 2.29% EUR137.0-139.0 1.47%
2rs Malt EUR368.0-370.0 0.94% EUR376.5-378.5 0.40%
6rw Malt EUR354.5-356.5 1.11% EUR361.0-363.0 0.70%
Feed Barley EUR115.0-117.0 3.33% 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

Mexico: Grupo Modelo’s net profit rises just by 0.3% in the third quarter and by 12.2% during the nine months ended September, 30 ...Click here
India: United Breweries Q2 net profit halves on the back of promotion spends ...Click here
Denmark & United Kingdom & Turkey: Carlsberg completes the transfer of Turk Tuborg shares to CBC Group ...Click here
China: Yanjing Brewery posts a slight raise in Q3 net profit ...Click here
United Kingdom: Q3 beer sales at British pubs the lowest in a decade ...Click here
Russia & Central America: Baltika sends beer shipments to Guatemala, El Salvador, and Honduras ...Click here
United States: Prices falling for both feed and malting barley, experts recommend marketing the stocks ...Click here
Canada: CWB October PRO for feed barley down C$5, designated barley unchanged ...Click here
EU: Feed barley market pinning hopes on export, almost no market for winter malting barley ...Click here
Australia: ABB to offer pools for lower specification barley forced by below-average season ...Click here
United States: Barley crop 2008 receives good grades for quality ...Click here




Japan: Suntory brewery says it is ready for further acquisitions without specifying whether in the beer industry ...More Info
Australia: A buyer or reorganization may raise Foster’s shares – Barron’s ...More Info
Canada: Brick Brewing relying on insiders’ help to overcome “serious financial difficulty” ...More Info
United Kingdom: Scotland’s total barley production grows by 15.7% in 2008 ...More Info
Turkey & Georgia: Efes to continue investments in its Natakhtari brewery in 2009 ...More Info
Belgium & United Kingdom: New 4% Stella Artois launched in the UK on-trade ...More Info
Australia: Foster’s Cascade Brewery to bring back the 375ml stubby as consumers protest against the 330ml bottle for the same price ...More Info
Russia: A newly created malting barley variety to be tested in November ...More Info
Ukraine: Beer consumption not to reach 70 litres per capita this year - experts ...More Info
Go to our news database with more than 13789 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

Mexico: Grupo Modelo’s net profit rises just by 0.3% in the third quarter and by 12.2% during the nine months ended September, 30
Mexico’s brewer Grupo Modelo announced in its third quarter results on October, 27.

The company said its third quarter net profit rose just by 0.3 ...More Info

India: United Breweries Q2 net profit halves on the back of promotion spends
United Breweries, India's largest brewing company under the UB Group, has reported that its net profit has halved during the second quarter of the ...More Info

Denmark & United Kingdom & Turkey: Carlsberg completes the transfer of Turk Tuborg shares to CBC Group
On July 23, 2008, Carlsberg announced it had sold its 95.6 stake in Türk Tuborg Bira ve Malt Sanayi A.S. to CBC Group. The ...More Info

China: Yanjing Brewery posts a slight raise in Q3 net profit

China’s Yanjing Brewery made public its unaudited results for the third quarter ended Sept. 30 in a statement to the Shenzhen stock exchange on October, 24.

According to the brewer, its Q3 turnover amounted to 2,820.83 mln yuan, as compared to 2,609.53 mln yuan in the same period of 2007.

The net profit constituted 193.03 mln yuan (192.71 in Q3 2007), the company announced.

Earnings per share made 0.1754 yuan versus 0.1752 yuan last year.

The company said beer consumption in the Beijing area was affected by restrictions on travel surrounding the Summer Olympic Games.


United Kingdom: Q3 beer sales at British pubs the lowest in a decade
UK’s pubs reported lowest in a decade beer sales for the third quarter of 2008, Reuters cited data provided by the British Beer & ...More Info

Russia & Central America: Baltika sends beer shipments to Guatemala, El Salvador, and Honduras
Baltika Breweries has begun shipping its beers to Central America, the Russian brewer announced on October, 27.

The company said it is developing business ...More Info

Barley News

United States: Prices falling for both feed and malting barley, experts recommend marketing the stocks
Both feed and malting barley prices have fallen dramatically during the past two weeks, Farm & Ranch Guide communicated on October, 24.

According to industry ...More Info

Canada: CWB October PRO for feed barley down C$5, designated barley unchanged
Canadian Wheat Board released its October Pool Return Outlook (PRO) for the 2008 – 2009 crop year on October, 23.

Feed barley values declined by ...More Info

EU: Feed barley market pinning hopes on export, almost no market for winter malting barley
Feed barley is not solicited on the European markets, La Depeche posted on October, 23.

However, experts point out that the French feed barley may ...More Info

Australia: ABB to offer pools for lower specification barley forced by below-average season
ABB Grain will this year offer growers segregations and pools for lower specification barley, including F3 and F4 grades, the company said in an ...More Info

United States: Barley crop 2008 receives good grades for quality
Pacific Northwest barley representatives are reporting strong finishes for the 2008 barley crop, but time will tell on acreage planted in the spring of ...More Info
Scientific Digest

Elucidation of the Role of Nitrogenous Wort Components in Yeast Fermentation

C. Lekkas, G.G. Stewart, A.E. Hill, B. Taidi and J. Hodgson

Abstract

J. Inst. Brew. 113(1), 3–8, 2007 The Free Amino Nitrogen (FAN) content of wort prescribes efficient yeast cell growth and fermentation performance. FAN consists of the individual amino acids, small peptides and ammonia ions formed during malting, the relative amounts of which vary. In this paper, the individual constituents of FAN were dissected and their effect on both ale and lager fermentations determined. The patterns of amino acid and small peptide uptake and the changes in extracellular protease activity revealed the dynamic environment that develops during fermentation. Lysine and methionine, previously identified as key amino acids in wort fermentation, were investigated further. Key words: Amino acids, beer flavour and stability, diacetyl, free amino nitrogen, wort oligopeptides, wort supplementation, yeast proteases. Load full article, 6 pages, 919 Kb, PDF file

Barley prices.
Malting and Feed Barley Prices


Theoretical Malt Prices

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
Source: ABARE

Table of the week
Canada: Barley Supply and Disposition as of October 24, 2008
Table of the week.

Graph Of The Week



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1969 Nobel prize for economy awarded to John Tinbergen
1984 Hepatitis virus is discovered
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October 28
1904 St Louis police try a new investigation method- the fingerprints
1954 Nobel prize for literature awarded to Ernest Hemingway
1986 International Red Cross ousted from South Africa

October 29
1947 Belgium, Luxembourg and Netherland form Benelux Union
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Agenda