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E-Malt.com Flash 31a July 29 - July 31, 2013
Quote of the Week
"Nothing ever tasted better than a cold beer on a beautiful afternoon with nothing to look forward to than more of the same."
Hugh Hood
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Currency Rates
Base Currency: Euro on July 31, 2013 |
Base Currency: US Dollar on July 31, 2013 |
|
1 EUR = 1.3264 USD
1 EUR = 0.8668 GBP
1 EUR = 1.3636 CAD
1 EUR = 1.4577 AUD
1 EUR = 130.1040 JPY
1 EUR = 3.0172 BRL
1 EUR = 43.6674 RUB
1 EUR = 8.1959 CNY
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|
1 USD = 0.7540 EUR
1 USD = 0.6535 GBP
1 USD = 1.0281 CAD
1 USD = 1.0990 AUD
1 USD = 98.0950 JPY
1 USD = 2.2748 BRL
1 USD = 32.9225 RUB
1 USD = 6.1792 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
July 31, 2013 |
Type |
Crop 2013 |
EUR |
% |
2rs Barley |
204.00-206.00 | |
6rw Barley |
191.00-193.00 | |
2rs Malt |
400.50-402.50 | |
6rw Malt |
384.50-386.50 | |
Feed Barley |
163.00-165.00 | 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.
Australia: Sale of Joe White Maltings may be completed within weeks
...Click here
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World: AB InBev reports decline in beer sales and higher revenues in Q2
...Click here
|
China: AB InBev trying to turn Budweiser into world’s first big global beer brand with special attention given to China
...Click here
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World: Diageo’s net global sales increase by 5% in the year to June 2013
...Click here
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USA: Craft brewing reports steady and sustained growth in the first half of 2013
...Click here
|
Kenya: East African Breweries FY profit down more than 25%
...Click here
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EU: Barley yields forecast to climb to 4.78 t/ha this year
...Click here
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Germany: Spring barley acreage reduced, import demand for malting barley may approach 1 mln tons
...Click here
|
Denmark: Barley crop to only total 2.7 mln tonnes due to lower acreage and cold weather
...Click here
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Brazil: Ambev to invest US$140 mln in expanding its Lages brewery in the south of Brazil
...Click here
|
France: Malting and feed barley markets active since week 29
...Click here
|
UK: Malting barley supplies may not cover all demand in Scotland
...Click here
|
The Netherlands & Myanmar: Heineken’s first brewery in Myanmar to be operational by the end of 2014
...Click here
|
Mozambique: Cervejas de Moçambique reports 16% rise in FY sales
...Click here
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EU & USA & Australia: European Commission approves ADM’s proposed acquisition of GrainCorp
...Click here
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Japan & South Korea: Japanese beer selling very well in South Korea
...Click here
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Graph of the week
Table of the week
The 40 Largest Breweries Worldwide in 2011 - 2012
Barley Prices
Theoretical Malt Prices
Scientific Digest
If you are looking for noble characters, give your hops something to breathe!
ABSTRACT
Peacock suggested in 1980 that the oxygenated fraction of hop oil, although relatively small in concentration, is critical to the sought-after noble hop aroma. A group of US researchers has tested it. By storing Mittelfrueh hops in prooxidative
conditions, the GCMS results show a clear increase in terpenoids and oxygen-containing compounds and a simultaneous decrease interpenes and hydrocarbon compounds. The sensory quality of these oxidized aroma compounds were described with herbal, spicy, woody, and earthy odors, which are associated with a “noble” hop character. However of course, the HSI value increases and alpha and beta acids
are degraded. Brewing trials are planned to determine the impact on hop aroma in beer. Read more
Source: Barth Innovations
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These Days in Business History
29 July
1914 1st transcontinental phone link made between New York City & San Francisco
1952 1st nonstop transpacific flight by a jet
1956 Jacques Cousteau's Calypso anchors in 7,500 m of water (record)
30 July
1863 Henry Ford, car manufacturer was born
1897 German chemist named Felix Hoffman synthesizes a stable form of acetylsalicylic acid in a laboratory in Berlin. The head of Bayer's pharmacological institute, Heinrich Dreser, soon names the product "aspirin," and it becomes the best-selling drug of all time
1928 George Eastman demonstrates 1st color movie
31 July
1790 1st US patent granted, to Samuel Hopkins for a potash process
1809 1st practical US railroad track (wooden, for horse-drawn cars), Phila
1925 Unemployment Insurance Act passed in England
Agenda
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
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)
More events are available on site e-malt.com
Malt News
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Australia: Sale of Joe White Maltings may be completed within weeks
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CBH is going down to the wire in a controversial bid to buy Glencore's Australian malting assets in a deal worth hundreds of millions
...More info on site
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Brewery News
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World: AB InBev reports decline in beer sales and higher revenues in Q2
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Anheuser-Busch InBev, the world's largest beer maker, sold less beer but made more money than expected in the second quarter as drinkers absorbed price
...More info on site
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China: AB InBev trying to turn Budweiser into world’s first big global beer brand with special attention given to China
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From soda to sneakers to cigarettes, a host of American brands have managed to become dominant across the world. But now, after watching Budweiser,
...More info on site
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World: Diageo’s net global sales increase by 5% in the year to June 2013
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Drinks giant Diageo has announced a net growth in sales of 5% for the year to end June but said its Irish operations continued
...More info on site
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USA: Craft brewing reports steady and sustained growth in the first half of 2013
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The steady and sustained growth of American craft brewing continued during the first half of 2013, according to mid-year data released by the Brewers
...More info on site
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Kenya: East African Breweries FY profit down more than 25%
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East African Breweries Ltd., Diageo Plc’s Kenyan unit, said profit for the year ended June fell more than 25 percent as a result of
...More info on site
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Brazil: Ambev to invest US$140 mln in expanding its Lages brewery in the south of Brazil
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Ambev, Anheuser-Busch InBev's Brazilian subsidiary, is to invest US$140 mln in its Lages brewery in the south of Brazil, the company announced last week.
The investment will equip the plant with a production line for returnable 30cl bottles and increase staff numbers from 500 to 600, Ambev said. The subsidiary signed a letter of intent for the investment with local authorities on 19 July.
The brewery supplies three distribution centres in Santa Catarina state, where last year Ambev sold 468 mln litres, the Brahma brewer said. The centres also supply southern Brazilian states Parana and Rio Grande do Sul.
Ambev's southern regional director, Andrew Stolf, described Santa Catarina as a “strategic state for Ambev”.
In March, Ambev promised to maintain a presence in Venezuela despite the closure of a brewery in the country.
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The Netherlands & Myanmar: Heineken’s first brewery in Myanmar to be operational by the end of 2014
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Heineken beer-maker APB Alliance Brewery Company said its first beer factory in Myanmar will be able to start operation by the end of next
...More info on site
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Mozambique: Cervejas de Moçambique reports 16% rise in FY sales
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Mozambican beer maker Cervejas de Moçambique (CdM) posted sales of 9.062 billion meticals (US$301 million) in the financial year ended in March, which was a rise of 16 percent against the figure posted in the previous year, Macauhub reported on July, 29.
CdM said that profit totalled 1.524 billion meticals compared to 1.083 million in the previous financial year.
According to CdM, the “investment carried out four years ago at the Nampula factory” contributed to these results as it had achieved its maximum production capacity “two years ahead of schedule,” as well as the issue of 1.1 billion meticals (around US$38 million) in shares in the previous year.
CdM is a subsidiary of SABMiller, the world’s second-largest beer maker.
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Japan & South Korea: Japanese beer selling very well in South Korea
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Japanese beer has been a hot seller in South Korea, where the popularity of sake has also been growing, thanks to a rise in the number of izakaya pubs, prompting Japanese brewers and liquor companies to boost sales campaigns in the country, The Japan News reported on July, 30.
At Pro Ganjang Gejang, a Seoul restaurant specializing in crabs, Suntory’s high-quality line “The Premium Malt’s” is proving popular. At 9,000 won (about 810 yen), a medium-sized bottle costs twice as much as a large bottle of South Korean beer. Nonetheless, Japanese beer sells very well on hot days, according to the restaurant’s management.
Some South Korean brands, such as “OB” and “Hite,” are said to be closer to what is called “daisan no biru” (third-category beer) in Japan: beerlike alcoholic drinks that are not necessarily made from malt. Under South Korean law, the amount of malt in beer must constitute at least 10 percent of the content, whereas in Japan the amount must be at least two-thirds, or about 67 percent, which may be one reason why many consumers are opting for Japanese brews.
Beer imports in South Korea from January to June this year totaled $39.51 million (about 39 billion yen), up
...More info on site
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Barley News
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EU: Barley yields forecast to climb to 4.78 t/ha this year
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Wheat, barley and corn yields in the European Union will be higher than predicted last month on favorable growing conditions across the region, the
...More info on site
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Germany: Spring barley acreage reduced, import demand for malting barley may approach 1 mln tons
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Germany’s spring barley acreage was reduced from 590 to 355,000 ha. The German malting Barley Association classifies 272,000 ha as malting barley fields, industry
...More info on site
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Denmark: Barley crop to only total 2.7 mln tonnes due to lower acreage and cold weather
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Denmark’s acreage of spring barley is 530-535,000 ha, down from 620,000 ha last year, official data showed at the beginning of July.
As the
...More info on site
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France: Malting and feed barley markets active since week 29
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The French malting barley market has been very active since the middle of week 29, and the price evolution has been erratic, La Depeche reported on July, 29.
At the moment the prices show a predominantly bearish tendency. Winter barley is less solicited than spring varieties, industry sources report, noting also high interest in feed barley of French origin from abroad.
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UK: Malting barley supplies may not cover all demand in Scotland
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Scotland may have reached “peak” malting barley this year, but expansion in the whisky market is likely to see the majority of quality grain
...More info on site
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EU & USA & Australia: European Commission approves ADM’s proposed acquisition of GrainCorp
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The European Commission has notified Archer Daniels Midland Company (ADM) of its approval of ADM’s proposed acquisition of GrainCorp Limited, ADM said on July, 29. This brings the number of government agencies that have cleared the acquisition to six.
The Japan Fair Trade Commission, South Africa’s Competition Commission and Canada’s Competition Bureau cleared the acquisition earlier this month; the Australian Competition and Consumer Commission did so in June.
The United States Federal Trade Commission also approved the acquisition last November.
ADM continues to work with regulators in Australia, China and South Korea.
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