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Flash Summary
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E-Malt.com Flash 39b
September 26 - September 29, 2013
Quote of the Week
"Try to learn something about everything and everything about something."
Thomas Huxley
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Currency Rates
Base Currency: Euro
on September 27, 2013 |
Base Currency: US Dollar
on September 27, 2013 |
| |
1 EUR = 1.3505 USD
1 EUR = 0.8413 GBP
1 EUR = 1.3934 CAD
1 EUR = 1.4417 AUD
1 EUR = 133.4140 JPY
1 EUR = 3.0164 BRL
1 EUR = 43.4974 RUB
1 EUR = 8.3016 CNY
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1 USD = 0.7405 EUR
1 USD = 0.6229 GBP
1 USD = 1.0317 CAD
1 USD = 1.0675 AUD
1 USD = 98.7896 JPY
1 USD = 2.2335 BRL
1 USD = 32.2074 RUB
1 USD = 6.1469 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 27, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
186.00-188.00 |  |
| 6rw Barley |
173.00-175.00 | |
| 2rs Malt |
378.00-380.00 | |
| 6rw Malt |
362.00-364.00 | |
| Feed Barley |
164.00-166.00 |  1.85% |
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.
World: SABMiller’s African business may be the most attractive for AB InBev - analysts
...Click here
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The Netherlands & India: Heineken may benefit from Vijay Mallya’s need for funds for his Kingfisher Airlines
...Click here
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France: Brasseries Kronenbourg manages to increase its share in HoReCa in a difficult 2013
...Click here
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India: Diageo-United Spirits merger to start from October
...Click here
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UK: Barley imports almost equal to exports in July 2013
...Click here
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USA & Sweden: The Brooklyn Brewery installs new brewery in collaboration with Carlsberg in Sweden
...Click here
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South Africa: Ban on alcohol advertising may not cause serious damage to South African Breweries business
...Click here
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Australia & China: Emerald Grain ships first batch of Westminster barley to China maltsters
...Click here
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South Africa: SABMiller’s workers may go on strike next week
...Click here
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Sierra Leone: Sierra Leone Brewery installs water treatment plant in Freetown
...Click here
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Graph of the week
Table of the week
World Barley Trade
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
About hydrphobic interactions
ABSTRACT
Numerous components from hops are hydrophobic and flavour active and a lot of brewers would like to better understand the interaction of these components with the yeast cells. These Japanese researchers looked into the yeast cell surface hydrophobicity and the interaction with different hop components. They were able to prove that the content of myrcene, humulene, farnesene and cohumulone increases
in the extracts of yeast cells and therefor decreases in the beer. The concentrations of linalool and isohumulones were not affected. Therefore the cell surface hydrophobicity as well as the flocculation properties influence the itensity and quality of hop aroma and hop derived bitterness.
Read more
Source: Barth Innovations
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These Days in Business History
September 26
1404 Brussels Brabants/Limburgse audit-office established
1680 Tax revolt in Gorinchem due to tax on cereal
1786 England & France sign trade agreement
1972 Norway rejects membership in European Common Market
September 27
1825 Railroad transportation is born with 1st track (Stockton-Darlington)
1968 France refuses UK entry into common market
1988 Senate votes for major federal tax code changes
September 28
1879 Sydney Australia inaugurates steam motor tram route
1923 Radio Times 1st published
1953 Dutch government proclaims 5% general pay increase on Jan 1, 1954
September 29
1915 1st transcontinental radio telephone message is sent
1950 Telephone Answering Machine created by Bell Laboratories
1979 Gold hits record $400.20 an ounce in Hong Kong
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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World: SABMiller’s African business may be the most attractive for AB InBev - analysts
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Last week analysts at Société Générale put together a very comprehensive list of potential mergers involving industries across the globe. Inevitably, the long-speculated acquisition
...More info on site
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The Netherlands & India: Heineken may benefit from Vijay Mallya’s need for funds for his Kingfisher Airlines
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Vijay Mallya-owned United Breweries need for funds to revive ailing group company Kingfisher Airlines could be an opportunity for Heineken, which is currently the
...More info on site
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France: Brasseries Kronenbourg manages to increase its share in HoReCa in a difficult 2013
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As beer sales continue to shrink in Europe, France’s Brasseries Kronenbourg turns its attention to exporting to the emerging markets, where Carlsberg Group, its
...More info on site
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USA & Sweden: The Brooklyn Brewery installs new brewery in collaboration with Carlsberg in Sweden
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The Brooklyn Brewery, in partnership with Carlsberg Sweden and a group of private investors, has begun deploying fermenters and a brew house at The New Carnegie Brewery in Stockholm, Sweden, Drinks Business Review reported on September 27.
Swedish subsidiary of Brooklyn Brewery is the operating partner of this project.
Slated to open in early 2014, the new brewery will have a capacity of 300,000 litres in the first year and will further be expanded to a million litres annual production.
Brooklyn Brewery brewmaster Garrett Oliver said that they want New Carnegie to be a beacon for craft beer culture in northern Europe.
"New Carnegie will produce craft beers with a Scandinavian accent," Oliver added.
Carlsberg owns the brands of the Swedish Carnegie Brewery. Carlsberg also imports Brooklyn Brewery beers to Sweden.
Brooklyn Brewery will continue to ship packaged beer and tankers of beer to Sweden, but will brew some special beers at New Carnegie.
It has also distributed the classic Carnegie Porter beer in New York and Massachusetts.
Project general manager Fredrik Vogel said: "We also are pleased to announce we have hired the Swedish brewing team, which is training at Brooklyn Brewery in Brooklyn, NY this year."
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South Africa: Ban on alcohol advertising may not cause serious damage to South African Breweries business
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South African Breweries’ (SAB’s) dominant position in the South African beer market might, over time, give it an advantage if the government went ahead with a ban on alcohol advertising, but SABMiller chief executive Alan Clark said it was hard to predict exactly what would happen, Business Features reported on September 25.
“If there’s an advertising ban, and the market goes dark, in theory the established players do better,” Clark said.
But he added that there was not sufficient experience of alcohol markets “going dark” to be confident of knowing what would happen. He said that it was difficult to draw any conclusions from what happened to cigarette sales after the ban on cigarette advertising because of the addictive nature of cigarettes.
Clark said he felt that the ANC’s attention had shifted to the upcoming elections and the advertising ban was not currently a priority for the ruling party. “It’s impossible to predict whether or not it [the interest in a ban] will revive.”
The only countries where there is a ban on alcohol advertising are India, Russia and Turkey.
In Russia and Turkey alcohol consumption has dropped, but it is unclear whether this is attributable to the advertising ban or to other adverse developments
...More info on site
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Australia & China: Emerald Grain ships first batch of Westminster barley to China maltsters
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Australia’s Emerald Grain has made its first bulk shipment of Westminster barley, Weekly Times Now reported on September 26.
The company loaded 22,000 tonnes of the variety last week on to the Star Planet bound for China.
According to Melbourne Port Terminal manager Murray Wilkinson, the Westminster variety was part of a 54,000-tonne shipment of barley to a large Chinese maltster.
The shipment also included Gairdner and "fair average quality" barley - the latter a mix of lower quality grades which only just germinated in the malting process.
Westminster was developed in the UK and brought into Australia in 2006 through PGG Wrightson's link with French breeding company Limagrain.
It has gradually replaced gairdner as the major malting variety in the Western District, accounting for about 70 per cent of barley plantings this season.
Emerald Grain's commodity and trading manager Christian Norgard said Westminster was developed as a distilling variety for making whisky due to its high diastatic power.
The diastatic power is the enzymatic power in the malt needed to break down starches into fermentable product.
Mr Norgard said Australian brewers preferred malt with lower diastatic power.
Chinese brewers had low levels of malt in their brews and preferred ingredients with high diastatic power.
Emerald Grain has been segregating
...More info on site
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South Africa: SABMiller’s workers may go on strike next week
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Workers at brewery SABMiller PLC may go on strike in South Africa on September 30 if a last minute meeting between the union and company fails to resolve a dispute over wage increases, a union official was quoted as saying by The Wall Street Journal on September 27.
"On Monday we may begin a strike...if nothing miraculous comes out of the meeting today," said Katishi Masemola, general secretary of the Food and Allied Workers Union.
Mr. Masemola said the union issued a 48-hour strike notice to SABMiller on September 26 after months of talks over wage increases and renumeration packages failed to reach a consensus. He said around 2,000 SABMiller employees could strike in areas from distribution to manufacturing.
South Africa's sluggish economic growth is being threatened by a series of strikes across sectors including mining and auto manufacturing in recent months. On September 27, workers at world's largest platinum producer Anglo American Platinum Ltd. downed tools to protest a plan by the company to layoff 3,300 workers as part of a restructuring.
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Sierra Leone: Sierra Leone Brewery installs water treatment plant in Freetown
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Sierra Leone Brewery Ltd. opened a 2.4 billion leones ($561,000) water treatment plant in Freetown, the capital of the West African country, Bloomberg reported on September 26.
The facility processes about 50 cubic meters of water per hour, Allieu Kafoe, technical project manager for the brewer said. Heineken NV has a majority stake in the brewer, according to its website.
About 40 percent of people in rural Sierra Leone and 84 percent of those in urban areas have access to piped water, public taps or other forms of improved water sources, according to World Bank data for 2011.
The African Development Bank is providing loans and grants to fund a $61 million water supply project in the country, where a cholera outbreak last year killed more than 250 people and sickened more than 18,000.
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Barley News
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UK: Barley area up 33% in 2013
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Barley has seen a long term downward trend over the past 30 years in the UK, however the total area of barley increased by
...More info on site
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UK: Barley imports almost equal to exports in July 2013
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UK barley imports were 10.2 thousand tonnes in July 2013, down from 12.1 thousand tonnes in June 2013 but the highest level of imports for the month of July since July 2009, HMR&C reported on September 17.
Exports reached 10.5 thousand tonnes in July 2013, an increase on the 7.2 thousand tonnes imported in the previous month but the lowest level of exports for the month of July based on records dating back to July 1992, as poor weather before harvest and concerns over harvest timing prevented early sales.
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Whisky News
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India: Diageo-United Spirits merger to start from October
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The Diageo-United Spirits Ltd. merger is scheduled to start from October. The UB Group will shift those officials who are not directly involved with
...More info on site
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