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E-Malt.com Flash 51b
December 18 - December 21, 2008
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Quote of the week

"Beer will get you through times of no money better than money will get you through times of no beer."
Maureen Ogle, beer historian

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Currency Rates
Base Currency: Euro, EUR
on 19-December-2008

1 EUR = 1.4439 USD
1 EUR = 0.9377 GBP
1 EUR = 1.7229 CAD
1 EUR = 2.0521 AUD
1 EUR = 127.393 JPY
1 EUR = 3.415 BRL
1 EUR = 39.723 RUB
1 EUR = 9.9006 CNY
Base Currency: US Dollar
on 19-December-2008

1 USD = 0.6927 EUR
1 USD = 0.6494 GBP
1 USD = 1.1933 CAD
1 USD = 1.4214 AUD
1 USD = 88.2351 JPY
1 USD = 2.3651 BRL
1 USD = 27.5111 RUB
1 USD = 6.8569 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

December 19, 2008

Type Crop 2008 Crop 2009
2rs Barley EUR123.0-125.0 EUR139.0-141.0
6rw Barley EUR117.0-119.0 EUR129.0-131.0
2rs Malt EUR346.0-348.0 EUR357.5-359.5
6rw Malt EUR337.5-339.5 EUR344.0-346.0
Feed Barley EUR97.0-99.0 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

China: China Resources Snow Breweries starts construction of Shanghai’s biggest beer plant ...Click here
Brazil: AmBev investigated on suspicion of unfair trade practices ...Click here
Australia: International interest in Foster’s beer business reduced by its struggling wine division - experts ...Click here
China: Tsingtao Brewery to focus on the domestic market without forgetting about the world outside - CEO ...Click here
EU: Bud case – a blow to Anheuser-Busch and a great publicity for its Czech rival ...Click here
Czech Republic: Czechs slowly switching to weaker beer ...Click here
United Kingdom & United States: UK maltster Muntons now officially represented in the US ...Click here
World: ONIGC posts provisional estimates for barley production and trade in 2008/2009 ...Click here
Canada: Feed barley down C$3, malting barley drops C$4 per tonne in CWB’s December PRO for 2008/2009 ...Click here
Ukraine: Ukraine’s hop growing industry does not need speculators - expert ...Click here




Russia: January – November beer production makes 11 bln litres ...More Info
Ukraine: Obolon brewery may report a UAH25 mln loss in 2009 due to increased water prices ...More Info
United States: MillerCoors promising never again to combine beer with caffeine ...More Info
Switzerland: Feed barley crop 2008 estimated at 203,000 tonnes ...More Info
Russia & Canada: Russian Ochakovo beer shipped to Canada ...More Info
Canada: Coors Light beer sets a record of Quebec shipments ...More Info
Honduras: Cervecería Hondureña brewery gets a new president ...More Info
Go to our news database with more than 14115 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

China: China Resources Snow Breweries starts construction of Shanghai’s biggest beer plant
China Resources Snow Breweries Ltd., which is owned by SABMiller Plc and China Resources Enterprise Ltd., started building a 650 million yuan ($95 million) ...More Info

Brazil: AmBev investigated on suspicion of unfair trade practices
Companhia de Bebidas das Americas — better known as AmBev, the Brazilian unit of the world's biggest brewer — is being investigated on suspicion ...More Info

Australia: International interest in Foster’s beer business reduced by its struggling wine division - experts

Australia's biggest brewer, Foster's Group Ltd, is less likely to hive off its $3.5 billion wine business, the world's second largest, early next year as there are few obvious buyers and funding is hard to find, Reuters posted on December, 18.

Speculation has been rife that international brewers are circling Foster's beer business if it unhitches the struggling wine unit from a reliable earnings stream generated by an Australian beer market share of more than 50 percent.

However, the chances of the maker of Crown Lager and Victoria Bitter being swept up in a global brewing industry consolidation are decreasing as expectations grow that the wine unit will stay.

Analysts say the A$5 billion wine operation, which ranks behind only Constellation, will be tough to sell as potential buyers are few and harsh debt markets make funding a deal difficult. Returns from selling wine are also under pressure as supplies are plentiful but consumer demand is slowing.

"In this type of market it's going to be very difficult to do anything. My guess is we'll get an internal restructure story," said Theo Maas, investment analyst at Fortis Investment Partners.

The lure of Foster's beer operations, worth A$10-A$11 billion, may not be enough to convince an ...More Info


China: Tsingtao Brewery to focus on the domestic market without forgetting about the world outside - CEO
China’s Tsingtao Brewery said it would continue to concentrate on the huge domestic market, where potential is high especially in rural areas, CCTV communicated ...More Info

EU: Bud case – a blow to Anheuser-Busch and a great publicity for its Czech rival

The European court's ruling that Anheuser-Busch should not have rights to the brand throughout the EU is a blow to the US firm but a positive for Budvar, which has gained good publicity over the years from its Bud battles, Drinks Business Review communicated on December, 17.

Anheuser-Busch has been fighting for trademark exclusivity of the Budweiser name for a number of years, with varying degrees of success. The company claims to have used the Budweiser name for longer than Budejovicky Budvar, having been founded in 1876 while the latter was formed in 1895. However, the Czech company claims that the Budweiser name has been in use for much longer, as it refers to a type of beer that has been brewed in a specific region of the Czech Republic since 1260, predating the American claim by 616 years.

The latest ruling means that unless Anheuser-Busch decides to appeal the decision, it will have to battle it out with Budvar on an individual country basis, which could be costly. This is something it may wish to avoid, given the company's recent acquisition by InBev and subsequent cost cutting exercises: indeed, the firm has slashed 1,400 jobs in the US alone since the ...More Info


Czech Republic: Czechs slowly switching to weaker beer
Plzeňský Prazdroj, the leading brewer of the Czech Republic, is experiencing the usual pre-Christmas sales, so the volumes are slightly lower than in the ...More Info

Malt News

United Kingdom & United States: UK maltster Muntons now officially represented in the US
Muntons plc, a malt and malted ingredients manufacturer based in Stowmarket Suffolk, UK, announced the opening of its first office in the USA at ...More Info

Barley News

World: ONIGC posts provisional estimates for barley production and trade in 2008/2009
The ONIGC (Office National Interprofessionnel des Grandes Cultures) published its provisional estimates for the 2008/2009 marketing year on December, 10.

World barley production in the ...More Info

Canada: Feed barley down C$3, malting barley drops C$4 per tonne in CWB’s December PRO for 2008/2009
The CWB released its December Pool Return Outlook (PRO) for the 2008-09 crop year on December, 18.

According to the Board, world grain markets continue ...More Info

Hops News

Ukraine: Ukraine’s hop growing industry does not need speculators - expert
Domestically produced hops covers only 15% of the needs of Ukraine’s brewers, who are forced to import the rest, the Day Weekly posted on ...More Info
Scientific Digest

Analysis of the Fungal Community in Zaopei During the Production of Chinese Luzhou-flavour Liquor

Wen-xue Zhang, Zong-wei Qiao, Yue-qin Tang, Cheng Hu, Qun Sun, Shigeru Morimura and Kenji Kida

Abstract

ABSTRACT J. Inst. Brew. 113(1), 21–27, 2007 Denaturing gradient gel electrophoresis (DGGE) and 18S rRNA gene analysis were carried out to analyze the fungal community in Zaopei during the production of Chinese Luzhou-flavour liquor. Two pairs of primers (EF4 /Fung5 and EF4/NS2-GC) were used for the DGGE. Polymerase chain reaction (PCR) for clone analysis was preformed with the primers (EF4 /EF3). The results of the DGGE analysis showed that the fungal 18S rRNA genes taken from the Zaopei sample of the pit had high diversity. Gene clone libraries containing 120 clonal sequences of 18S rRNA were constructed. The fungal diversity shift showed that the fungal genera changed with increasing fermentation time and four genera of fungi (Issatchenkia, Talaromyces, Aspergillus and Eurotium) were the main dominant communities during the fermentation of Chinese Luzhou-flavour liquor. The clonal sequences of the genera Rhizopus and Saccharomyces were found with difficulty from the clone libraries of Zaopei, suggesting that the genera Rhizopus and Saccharomyces perhaps are not necessary for saccharifying and fermenting grains during the production of Chinese Luzhou-flavour liquor. Key words: Chinese Luzhou-flavour liquor, clone analysis, DGGE, fungi, 18S rRNA gene, Zaopei. Load full article, 7 pages, 676 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

Table of the week
Czech Hops Production and Acreage 2000-2008
Table of the week.

Graph Of The Week



These Days in Business History
December 18
1796 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 Lujo [Ludwig J von] Brentano is born (German economist)
1897 Fernand J Collin is born, Belgian economist/banker
1991 General Motors announces closing of 21 plants

December 19
1997 Masaru Ibuka co-founder Sony Corporation, dies at 89
1795 1st state appropriation of money for road building, Kentucky
1989 American Airlines purchases Eastern Airline's Latin American route

December 20
1790 The first mechanized textile mill in the U.S. opens in Pawtucket, R.I. Built by Samuel Slater
1803 Louisiana Purchase formally transferred from France to US for $27 million
1966 The transmission of trades and quotes from the floor of the New York Stock Exchange is fully automated for the first time

December 21
1879 Theodore Limperg, business economist
1913 1st crossword puzzle (with 32 clues) printed in New York World
1937 1st feature-length color & sound cartoon premieres (Snow White)
Agenda