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Flash Summary
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E-Malt.com Flash 36b
September 05 - September 08, 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 06, 2013 |
Base Currency: US Dollar
on September 06, 2013 |
| |
1 EUR = 1.3171 USD
1 EUR = 0.8438 GBP
1 EUR = 1.3824 CAD
1 EUR = 1.4400 AUD
1 EUR = 131.5710 JPY
1 EUR = 3.1006 BRL
1 EUR = 44.0031 RUB
1 EUR = 8.1276 CNY
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1 USD = 0.7593 EUR
1 USD = 0.6406 GBP
1 USD = 1.0495 CAD
1 USD = 1.0933 AUD
1 USD = 99.8962 JPY
1 USD = 2.3541 BRL
1 USD = 33.4083 RUB
1 USD = 6.1707 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 06, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
189.00-191.00 |  0.53% |
| 6rw Barley |
176.00-178.00 |  0.56% |
| 2rs Malt |
382.00-384.00 | 0.32% |
| 6rw Malt |
366.00-368.00 | 0.33% |
| Feed Barley |
161.00-163.00 | 0.61% |
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 sales expected to get a boost from the soccer World Cup next year
...Click here
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Singapore & Myanmar: UMEHL accuses F&N of breaching their JV contract
...Click here
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Ethiopia: Habesha Brewery begins construction of a new plant in Debre Birhan
...Click here
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Russia: Barley harvest to date is 12.7 mln tons vs. 11.8 mln tons a year earlier
...Click here
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UK: Winter and spring barley prove some of the star performers this summer
...Click here
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UK & USA: Whisky exports to the US surge in H1 2013
...Click here
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Australia & India: The Australian Brewery to start shipping its beer to India
...Click here
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Latvia: Aldaris to focus on exclusive top-quality and premium beer brands
...Click here
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The Czech Republic: Foreign demand and new niche markets present opportunities for Saaz hops
...Click here
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World: SABMiller’s Graham Mackay resumes role as non-executive chairman after brain tumor treatment
...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 05
1888 George Eastman patents 1st roll-film camera and registers "Kodak"
1957 Ford Motor Co introduces Edsel
1958 1st color video recording on magnetic tape presented, Charlotte NC
1997 Mother Teresa (Agnes Gonxha Bojaxhiu) dies of cardiac arrest at 87 Nobel (1979)
September 06
1819 Thomas Blanchard patents lathe
1811 James Melville Gilliss, founder, Naval Observatory in Washington
1853 Women's Right's Convention met (New York City)
September 07
1822 Brazil declares independence from Portugal (National Day)
1912: David Packard, co-founder of Hewlett-Packard Co., is born in Pueblo, Colo.
1923 Interpol forms in Vienna
September 08
1923 Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million, a $341 million loss in less than a year-and-a-half, "probably the most disastrous real-estate deal known to man"
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 sales expected to get a boost from the soccer World Cup next year
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Brazilian beer sales are expected to gain a $330 million boost when the soccer World Cup kicks off next year, according to a report
...More info on site
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Singapore & Myanmar: UMEHL accuses F&N of breaching their JV contract
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Singapore-based Fraser and Neave Ltd (F&N) has been accused of breaching joint-venture agreement with its Myanmar partner Union of Myanmar Economic Holding Ltd (UMEHL),
...More info on site
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Ethiopia: Habesha Brewery begins construction of a new plant in Debre Birhan
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Habesha Brewery Share Company (HBSC) officially started the civil work for its planned Brewery on September 4 at a site 125 KMs north of
...More info on site
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Australia & India: The Australian Brewery to start shipping its beer to India
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In a first for Australia and craft beer, the Australian Brewery (AB) has secured a deal to send its award-winning Pale Ale – in cans – to the world’s biggest untapped beer market, The Shout reported on September 6.
At the invitation of Austrade and the Craft Beer Industry Association (CBIA), the brewery sent its marketing manager and ‘canbassador’ David Ward to India to present at the Australian Craft Beer promotion, in Delhi.
The result was offers from two distributors to import the Rouse Hill brewery’s flagship beer into the second-most populous country.
“The big local brands such as Kingfisher are launching premium variations to their existing product for the burgeoning middle- and upper-classes,” Ward said.
“But it’s a little strange to go into a bottle shop and there are so few beers; there are some European premiums, couple of micro-breweries starting up, but there aren’t really any craft beers there – we’ll be the first.
“Austrade were fantastic; everybody was really keen to get us board.”
The AB is preparing to dispatch its first 250 cases, and Ward says although they are starting with just the one distributor they hope export will grow to about 2-3 containers annually.
He confirmed the deal will likely stretch
...More info on site
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Latvia: Aldaris to focus on exclusive top-quality and premium beer brands
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Joint-stock beer and soft drinks producer Aldaris has decided to concentrate on production of exclusive top-quality and premium beer brands, therefore PET production facility will be moved out of Latvia; new jobs will be created as a result of the changes, but the company's overall workforce will be reduced, Aldaris communications director Laura Krastina told the Nozare.lv business portal on September 5.
Since the beginning of the year, Latvia's beer market has shrunk by 3%, whereas in 2012, the market declined by 5%. Furthermore, there is a fierce competition in the inexpensive beer brands' segment, which is why part of Aldaris operations, for instance, production of PET bottles, will be moved to other Carlsberg group breweries in Europe.
"In order to improve our cost-efficiency significantly, we have decided to change our strategy, moving lower-price segment products to other breweries and concentrating on brewing exclusive beer. This step will help the company to be profitable and viable again, keeping its market leader's positions," says Aldaris CEO Veli Pekka Tennila.
The new strategy also envisages organizational changes that will affect part of the company's workers – it is currently unknown how many, but the company will do everything in its power to help
...More info on site
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World: SABMiller’s Graham Mackay resumes role as non-executive chairman after brain tumor treatment
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SABMiller Plc, the world’s second-biggest brewer, said Graham Mackay resumed his role as non-executive chairman after treatment for a brain tumor, Bloomberg reported on September 6.
Mackay returned to the position September 5 after being off work since May, the London-based company said. John Manser, who had been acting chairman, will return to his former role as deputy chairman and senior independent director.
“The directors are extremely grateful to John Manser for stepping so ably into the breach as acting chairman during my absence, and I personally have relied hugely on his support and wise counsel during what has been a very difficult few months for my family and me,” Mackay said in a statement.
In April, Mackay stepped down early as the brewer’s chief executive officer after undergoing brain surgery. As CEO, he led a slew of acquisitions, including the A$10.5 billion ($9.6 billion) takeover of Foster’s Group Ltd. in 2011. SABMiller generated $23.2 billion in revenue last year and competes with the world’s biggest brewer, Anheuser-Busch InBev NV, as well as Heineken NV and Carlsberg A/S.
Alan Clark, a company veteran of more than two decades, replaced Mackay as CEO.
“I am delighted that the transition of the chief executive’s management responsibilities to
...More info on site
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USA: MillerCoors releases Strawberry Ale
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MillerCoors LLC launched a second flavour in its Redd’s line: a strawberry ale, The Bussiness Journal reported on September 5.
The national launch of Redd’s Strawberry Ale follows the national release of Redd’s Apple Ale in February.
The apple version exceeded sales expectations, Chicago-based joint venture MillerCoors said in a press release.
“We’ve always seen Redd’s as a platform to give consumers new and exciting flavor options,” said Andrew Zrike, Redd’s Apple Ale brand manager. “Redd’s Strawberry Ale is a refreshing change of pace.”
Both are flavored ales with “low malt and bitterness cues,” MillerCoors said. The strawberry version has an apple finish.
Redd’s Strawberry Ale is available in six-packs of 12-ounce bottles, 12-packs of 12-ounce bottles and four-packs of 16-ounce cans. It’s 5 percent alcohol by volume.
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Barley News
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Canada: Barley exports climb 6% in 2011-12
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According to Canadian Grain Commission monthly statistics, Canada’s barley exports in 2011-12 climbed six percent to 1.25 million tonnes, The Western Producer reported on
...More info on site
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Russia: Barley harvest to date is 12.7 mln tons vs. 11.8 mln tons a year earlier
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Russia's grain-growing regions began this year's harvest with higher yields due to better weather conditions, though the total harvested area is smaller than a
...More info on site
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UK: Winter and spring barley prove some of the star performers this summer
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Winter and spring barley have proved some of the star performers this summer. However, their good performance in the field has not been matched
...More info on site
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Hops News
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World: Global hops crop seen 9% down this year
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World total hops crop this year is seen at 79,029 tonnes, vs. 86,850 tonnes in 2012, Hopsteiner reported this week.
Estimates for the 2013 hop
...More info on site
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The Czech Republic: Foreign demand and new niche markets present opportunities for Saaz hops
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Czech producers of genuine Saaz hops are taking an upbeat attitude at harvest time as foreign demand and new niche markets present opportunities they hope will offset challenges caused by European agricultural policy and bad weather, The Wall Street Journal reported on September 6.
China, now the world’s largest beer market, has recently become the second-largest importer of Czech hops, a crop that has been a part of the country’s culture and economy since at least the 10th century.
As increasingly affluent Chinese consumers seek western-style luxury items such as quality beers, sales there of the premium Saaz hops, which Czechs call “green gold,” are rising fast, according to Zdenek Rosa, chairman of Bohemia Hop, a wholesale exporter of the traditional commodity.
Additionally, all major Japanese brewers continue to use genuine Czech hops for their premium brews, though export volumes have waned slightly in recent years in part because of the country’s economic malaise, he said. Still, the island country remains the single largest export market for its Czech hops, Mr. Rosa said at a conference outlining the results of this year’s harvest.
Hiroo Matsui of Suntory Liquors Ltd. beer development division, who was in Prague to participate in Europe’s biggest hops harvest festival
...More info on site
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Whisky News
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UK & USA: Whisky exports to the US surge in H1 2013
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Scotch whisky exports to the U.S. market surged in the first six months of 2013, driven by premiumization. According to the Scotch Whisky Association,
...More info on site
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