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Flash Summary
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E-Malt.com Flash 36a
September 02 - September 04, 2013
Quote of the Week
"A goal is not always meant to be reached, it often serves simply as something to aim at."
Bruce Lee
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Currency Rates
Base Currency: Euro
on September 04, 2013 |
Base Currency: US Dollar
on September 04, 2013 |
| |
1 EUR = 1.3178 USD
1 EUR = 0.8472 GBP
1 EUR = 1.3892 CAD
1 EUR = 1.4599 AUD
1 EUR = 131.1340 JPY
1 EUR = 3.1374 BRL
1 EUR = 44.0817 RUB
1 EUR = 8.1291 CNY
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1 USD = 0.7589 EUR
1 USD = 0.6429 GBP
1 USD = 1.0542 CAD
1 USD = 1.1079 AUD
1 USD = 99.5149 JPY
1 USD = 2.3808 BRL
1 USD = 33.4512 RUB
1 USD = 6.1688 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 04, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
188.00-190.00 |  |
| 6rw Barley |
177.00-179.00 | |
| 2rs Malt |
380.50-382.50 | |
| 6rw Malt |
367.00-369.00 | |
| Feed Barley |
162.00-164.00 |  1.24% |
Note: Just click
here
and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are 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.
Brazil: Beer output declines in January – August 2013
...Click here
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Japan & Thailand: Kirin to start brewing its flagship in Thailand next month
...Click here
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UK: Heineken UK increases market share despite a fall in on-trade beer consumption
...Click here
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France: Number of craft breweries forecast to exceed 560 in Q1 2014
...Click here
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Canada: Barley harvest may exceed government’s expectations
...Click here
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France: Barley markets calm with prices up on higher values of other crops
...Click here
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India & Japan: Liquor maker Radico Khaitan reportedly in sale talks with Japan’s Suntory Holdings
...Click here
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World: Pernod Ricard confident of good prospects for whisky in emerging markets
...Click here
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Turkey: Alcohol consumption not appearing to be falling despite high taxes and sales area restrictions
...Click here
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USA: Higher-strength beers trend regarded as one of the big brewers’ answers to surging popularity of craft beers
...Click here
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UK: Transport strike action threatening to affect beer supplies
...Click here
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Graph of the week
Table of the week
Czech Hop Acreage and Production 2011-2012
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
The relativeness of the HSI value
ABSTRACT
For a lot of brewers the HSI value is an important parameter to judge the freshness of the hops purchased and therefore often specified for the purchase. This study looked into the development of the HSI values during the growing season. They found initial HSI values were ranging from 0.18 to 0.30, with a highest range of increase from first to last picking date of 0.10! This makes clear that a higher initial HSI value does not necessarily indicate a higher deterioration rate of hops!
Read more
Source: Barth Innovations
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These Days in Business History
September 02
1930 1st non-stop airplane flight from Europe to US (37 hrs)
1941 Film Academy copyrights Oscar statuette
1987 Philips introduces CD-video
September 03
1778 City Amsterdam signs trade agreement with U.S. rebels
1935 1st automobile to exceed 300 mph, Sir Malcolm Campbell (301.337 mph)
1967 Sweden begins driving on right-hand side of road
September 04
1781 Los Angeles founded by 44 in Bahia de las Fumas, (Valley of Smokes)
1813 1st U.S. religious newspaper Religious Remembrancer
1870 3rd French republic proclaimed as they overthrow their king
Agenda
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
12-15: Mondial de la Biere (Mulhouse, France)
16-20: Drinktec 2013 (Munich, Germany)
21/09-06/10: Oktoberfest (Munich, Germany)
26-27: New World Malt Barley and Brewers Conference (Toronto, Canada)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10-01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
November 2013:
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
More events are available on site e-malt.com
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Brewery News
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Brazil: Beer output declines in January – August 2013
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According to Brazilian beverage production control system SICOBE (Sistema de Controle de Produção Bebidas), the nation’s beer output amounted to 1.063 bln litres in
...More info on site
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Japan & Thailand: Kirin to start brewing its flagship in Thailand next month
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Japanese brewer Kirin will start producing its flagship beer in Thailand from October, as part of an agreement with local company San Miguel Brewery
...More info on site
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UK: Heineken UK increases market share despite a fall in on-trade beer consumption
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Heineken UK said the poor summer weather and “challenging” consumer environment in 2012 led to a fall in consumption in the on-trade in the
...More info on site
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France: Number of craft breweries forecast to exceed 560 in Q1 2014
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A bit more than a century ago, 2,800 breweries were operating in France, with two thirds of them in the northern part of the
...More info on site
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Turkey: Alcohol consumption not appearing to be falling despite high taxes and sales area restrictions
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Despite high taxes and area restrictions over the last decade of AKP rule, Turkey’s alcohol consumption doesn't appear to be falling, Hurriyet Daily News reported on August 31.
Turkish Deputy Prime Minister Bülent Arınç recently objected to a local singer singing a folk song, as the song contained the word “rakı” in the lyrics. It was the song of a Balkan man complaining that he couldn't save enough money for rakı. Even though Arınç said he was joking, his behavior has been perceived as another example of intervention into people’ lifestyles and was criticized as such.
There have been moves against alcohol through taxes, area restrictions and neighborhood pressure over the last decade of Justice and Development Party (AKP) rule. This has been a more noticeable fact in Anatolian cities.
Still, the statistics reveal that alcohol consumption has not dropped radically and there is a formal production and sales as well as an illegal trade. In short, society is saying, “I won’t let you touch my drink!” and is holding out on bans. People propose a toast with rakı, or with wine or beer, which are more affordable for some.
The AKP’s alcohol battle began with “area restrictions.” While Turkey’s current Prime Minister Erdoğan
...More info on site
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USA: Higher-strength beers trend regarded as one of the big brewers’ answers to surging popularity of craft beers
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MillerCoors' plans to launch a new, high-strength “golden” lager may not be surprising on one level, but the wider trend is puzzling, industry analysts
...More info on site
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UK: Transport strike action threatening to affect beer supplies
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Beer pumps are at risk of running dry in parts of Burton and South Derbyshire as talks continue over possible strike action over deliveries, Burton Mail reported on September 2.
Crucial talks to avoid severe disruption to the deliveries of Fosters, Heineken, Kronenbourg, John Smith’s, Strongbow plus Britvic soft drinks, to almost 30,000 pubs across the UK are continuing after workers for KNDL (Kuehne + Nagel Drinks Logistics) overwhelmingly voted for strike action.
Pubs and premises run by Enterprise Inns, Trust Inns, Wetherspoons, and Wells and Young’s would be badly affected. The company also supplies airports, courts, sports clubs, including Premiership football clubs, recreational centres, theatres and cinemas, health clubs, military camps, working men’s clubs and the hospitality industry.
It is not yet clear how Wetherspoons, which owns The Lord Burton, in High Street, Burton, and the Sir Nigel Gresley, in The Delph, Swadlincote, will be affected if the strike goes ahead and if a plan of action is in the place. The company did not wish to comment.
KNDL plans to move its stock from 29 depots to three super hubs for distribution. But staff members fear that while the 29 depots will remain open, the move could eventually lead to significant job
...More info on site
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Canada & USA: Labatt launches Budweiser Crown
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Labatt Breweries announced the release of Budweiser Crown in Canada, Canadian Beer News reported on September, 3.
The brand, which has been available in the US for several months under the name Budweiser Black Crown, is a 6.0% abv golden lager.
Budweiser Crown will be available in a variety of formats and sizes at beer and liquor stores across the country.
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Barley News
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Canada: Barley harvest may exceed government’s expectations
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Canada’s barley harvest may exceed the government’s forecast because crops are in good condition and ready for reaping in some areas, according to brewing-industry
...More info on site
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France: Barley markets calm with prices up on higher values of other crops
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France’s barley markets are calm this week, a very small number of deals is reported, both for 2013/14 and 2014/15 marketing years, La Depeche
...More info on site
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Whisky News
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India & Japan: Liquor maker Radico Khaitan reportedly in sale talks with Japan’s Suntory Holdings
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Radico Khaitan, India's fourthlargest liquor maker, has begun preliminary talks to sell a minority stake to Japan's oldest liquor company Suntory Holdings, underscoring the
...More info on site
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World: Pernod Ricard confident of good prospects for whisky in emerging markets
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New Chivas Brothers executive chairman Laurent Lacassagne has said the drinks giant must not overreact to sales falls in Asia and he remains "very confident" in the future of Scotch whisky, The Herald reported on September 4.
Parent company Pernod Ricard, the world's second largest spirits group, said it is prepared to make acquisitions to boost its presence in the United States, where its brands including single malt Glenlivet are performing well.
It also believes there are good prospects for whisky in markets such as South Africa, Brazil and Mexico.
Mr Lacassagne was speaking in London days after Pernod revealed that whisky sales had fallen in Asia, where it gets 40% of its revenues, and China, in particular, during its last financial year.
Mr Lacassagne, who previously ran Pernod Ricard Europe, said his experience in the wine industry taught him to be cautious about major strategy shifts.
"The most important thing in terms of distribution is consistency, and not to over react to short-term changes," he said.
"The future of Scotch whisky is very good," he added.
In China, whisky sales have been hit by the economic slowdown and a government clampdown on conspicuous consumption.
Mr Lacassagne said that Pernod, whose whisky brands include Ballantine's and Royal Salute,
...More info on site
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