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E-Malt.com Flash 08a
February 16 - February 18, 2009
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Currency Rates
Base Currency: Euro, EUR
on 18-February-2009

1 EUR = 1.2653 USD
1 EUR = 0.889 GBP
1 EUR = 1.5886 CAD
1 EUR = 1.9715 AUD
1 EUR = 116.592 JPY
1 EUR = 2.9089 BRL
1 EUR = 45.7981 RUB
1 EUR = 8.663 CNY
Base Currency: US Dollar
on 18-February-2009

1 USD = 0.7904 EUR
1 USD = 0.7026 GBP
1 USD = 1.2555 CAD
1 USD = 1.5582 AUD
1 USD = 92.141 JPY
1 USD = 2.299 BRL
1 USD = 36.1957 RUB
1 USD = 6.8467 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend

February 18, 2009

Type Crop 2008 Crop 2009
2rs Barley EUR125.0-129.0 EUR158.0-162.0
6rw Barley EUR118.0-120.0 EUR138.0-142.0
2rs Malt EUR346.0-348.0 EUR379.0-381.0
6rw Malt EUR335.5-337.5 EUR353.0-355.0
Feed Barley EUR107.0-111.0 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

World: Beer production on the rise in 2008 ...Click here
The Netherlands: Heineken reports 2008 results, cautious on revealing expectations for 2009 ...Click here
Australia: Foster’s reports results for six-month performance, wine review ...Click here
Denmark: Carlsberg’s total beer sales volume grows 10% in 2008 ...Click here
United States & Japan: Steel Partners changes mind on buying Sapporo’s outstanding rights ...Click here
South Korea: InBev said to have completed the process of accepting bids for its Korean unit, Lotte Group reportedly among the bidders ...Click here
Ukraine: New Obolon malthouse now in full operation ...Click here
Australia: Australia’s total winter barley production estimated at 6.8 mln tonnes in 2008/2009 ...Click here
United States: Despite weakening prices, barley still continues to show a profit - expert ...Click here
United Kingdom: Farmers still in the dark on contract barley prices though the malting industry fundamentals are reported to be strong ...Click here




Philippines: San Miguel Brewery considers a $300 mln backup plan - CEO ...More Info
Canada: CWB increases initial payments for malting barley ...More Info
Laos: Carlsberg expands its Lao Brewery with an eye for exporting to Thailand ...More Info
Mexico: Femsa says Mexico’s recession will slightly reduce sales in the Oxxo trading network ...More Info
Japan: Ministry of Agriculture purchases 185 thousand tonnes of feed barley via tender ...More Info
Australia: New low-carb Peroni beer to be available nationally from March ...More Info
Russia: Baltika board of directors recommends an increased dividend for 2008 ...More Info
Go to our news database with more than 14407 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

World: Beer production on the rise in 2008
Beer consumption is rising in many countries but the crisis will most likely hamper the growth – this was the general opinion pronounced ...More Info

The Netherlands: Heineken reports 2008 results, cautious on revealing expectations for 2009
Dutch brewer Heineken NV reported on February, 18 a 74% fall in 2008 net profit due to lower than expected profits from new businesses ...More Info

Australia: Foster’s reports results for six-month performance, wine review
Australia’s brewing giant Foster’s Group Limited published on February, 17 its results for the six months ended December 31, 2008.

Foster’s said its net profit ...More Info

Denmark: Carlsberg’s total beer sales volume grows 10% in 2008
In 2008, Carlsberg’s pro rata organic beer volume growth totalled 3% (33% including acquisitions), driven by mid-single-digit growth in Eastern Europe and double-digit growth ...More Info

United States & Japan: Steel Partners changes mind on buying Sapporo’s outstanding rights
Steel Partners Japan Strategic Fund (Offshore), L.P. delivered to Sapporo Holdings Limited on February, 17 a letter stating that it is withdrawing its current ...More Info

South Korea: InBev said to have completed the process of accepting bids for its Korean unit, Lotte Group reportedly among the bidders
According to analysts and media reports, the Belgium-based brewing giant Anheuser-Busch InBev is believed to have completed the process of accepting bids to sell ...More Info

Malt News

Ukraine: New Obolon malthouse now in full operation
Obolon’s new malthouse has been in full operation since this January, the Ukrainian brewing company reported on February, 17.

“Total investments in Obolon’s malthouse situated ...More Info

Barley News

Australia: Australia’s total winter barley production estimated at 6.8 mln tonnes in 2008/2009
The Australian Bureau of Agricultural and Resource Economics (ABARE) published its Australian Crop Report on February, 17.

Poor spring conditions hampered barley production in 2008-09, ...More Info

United States: Despite weakening prices, barley still continues to show a profit - expert
The current economic downturn has made its presence felt in the US barley markets the past few weeks, Farm & Ranch Guide cited on ...More Info

United Kingdom: Farmers still in the dark on contract barley prices though the malting industry fundamentals are reported to be strong
Malting barley growers left a conference in Edinburgh on February, 12 still not knowing the price they will receive for this year's crop, The ...More Info
Scientific Digest

Flavour Instability of Pale Lager Beers: Determination of Analytical Markers in Relation to Sensory Ageing

Sofie Malfliet, Filip Van Opstaele, Jessika De Clippeleer, Evelien Syryn, Koen Goiris1, Luc De Cooman and Guido Aerts

Abstract:
J. Inst. Brew. 114(2), 180–192, 2008 Flavour changes of six Belgian pale lager beers were studied in order to estimate the importance of different parameters and reactions in relation to the ageing process. An attempt was made to link analytical data with sensory evaluation using multivariate statistical analysis. Partial least squares regression techniques (PLSR) were employed on the analytical and sensory data. As apparent from the PLSR model, significant indicators of lager beer ageing are aldehyde markers (especially total aldehydes, furfural, hexanal, 2-methylpropanal, 2-methylbutanal, and 3- methylbutanal), cold and permanent haze, and beer colour. Conversely, compounds or parameters that load negatively in the PLSR model for beer ageing are trans-isohumulones, cis-isohumulones, total bitterness, the T/C-ratio, polyphenolic markers (especially proanthocyanidins), the flavanoid content, and, to a lesser extent, the TB-index and reducing power (TRAP). The integrated analytical-sensorial methodology is proposed as a useful tool for evaluation of the flavour instability of pale lager beers. Key words: analytical markers, beer ageing, flavour instability, partial least squares regression. Load full article, 5 pages, 511 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
World Malt Imports Estimate
Table of the week.

Graph Of The Week



These Days in Business History
February 16
1978 1st Computer Bulletin Board System (Ward and Randy's CBBS, Chicago)
1990 Cisco Systems, Inc. goes public on NASDAQ, selling 2.8 million shares at an initial offering price of $18 per share
1998 Tellabs Inc. acquires Coherent Communications Systems for $670 million

February 17
1878 Silver dollar became U.S. legal tender
1986 1st Francophone Summit convenes at Versailles
1989 Egypt, Iraq, Jordan and North Yemen form common market

February 18
1933 1st issue of Newsweek magazine published
1939 Golden Gate International Exposition opens on Treasure Island
1981 Chrysler Corporation reports largest corporate losses in U.S. history
Agenda