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Flash Summary
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E-Malt.com Flash 33b
August 15 - August 18, 2013
Quote of the Week
"Courage is not the absence of fear, but rather the judgement that something else is more important than fear."
Ambrose Redmoon
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Currency Rates
Base Currency: Euro
on August 16, 2013 |
Base Currency: US Dollar
on August 16, 2013 |
| |
1 EUR = 1.3285 USD
1 EUR = 0.8540 GBP
1 EUR = 1.3716 CAD
1 EUR = 1.4529 AUD
1 EUR = 130.0010 JPY
1 EUR = 3.0994 BRL
1 EUR = 43.8622 RUB
1 EUR = 8.1886 CNY
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1 USD = 0.7528 EUR
1 USD = 0.6429 GBP
1 USD = 1.0325 CAD
1 USD = 1.0937 AUD
1 USD = 97.8637 JPY
1 USD = 2.3331 BRL
1 USD = 33.0173 RUB
1 USD = 6.1640 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 16, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
189.00-191.00 |  1.04% |
| 6rw Barley |
179.00-181.00 |  |
| 2rs Malt |
382.00-384.00 | 0.64% |
| 6rw Malt |
369.50-371.50 | |
| Feed Barley |
160.00-162.00 | |
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.
India: United Breweries net profit up 22.62% in Q1 to June 30
...Click here
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UK: World’s most popular beer brands not seeing the same demand in the UK
...Click here
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Brazil: Petropolis starts brewing at new beer plant in Bahia
...Click here
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New Zealand: DB Breweries reports decline in revenue and profit but more than doubles dividend to its parent company
...Click here
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EU: Malting barley futures extend decline on reports of “one of the best ever” winter barley harvests from the UK
...Click here
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EU: Barley crop estimates increase and campaign promises to be lively
...Click here
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Australia: Barley crops looking good, up to 8 mln tons may be harvested this year
...Click here
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UK: Just one extra pint a month in a pub can push the beer industry back into growth - CAMRA
...Click here
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Canada: Malting barley PROs for 2013-14 lower this month
...Click here
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Japan & Malaysia: Asahi Super Dry performance in Malaysia ahead of its brewer’s targets
...Click here
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Rwanda: Heineken’s Bralirwa sees 9% fall in H1 profit
...Click here
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USA: MillerCoors planning high alcohol content beer
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Beer flavour analysis
ABSTRACT
A nice overview of advantages and disadvantages of solvent-less sample preparation was given by M. Qian (OSU) explaining what is possible and where the challenges are in analysing flavor components (also in context with sensory assessments).
Read more
Source: Barth Innovations
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These Days in Business History
August 15
1769 Napoleon Bonaparte was born, resident of Elba (emperor 1804-13, 1814-15)
1911 Procter & Gamble unveils its Crisco shortening
1914 Panama Canal opens (under cost)
August 16
1870 Fred Goldsmith demonstrates curve ball isn't an optical illusion
1955 Fiat Motors orders 1st private atomic reactor
1991 Belgium census is 10,000,963 inhabitants
August 17
1802 In one of history's greatest acts of inventive daring, Robert Fulton launches his new steamboat from the north shore of Manhattan
1998 The Russian government devalues the ruble and declares a moratorium on paying its foreign debt, a de facto default that sends the global bond markets crashing, triggers the collapse of the giant U.S. hedge fund Long-Term Capital Management and sends shockwaves through the world's financial system
August 18
1904 Max Factor Jr was born, CEO (Max Factor Cosmetics)
1937 1st FM radio construction permit issued (W1X0J (WGTR) in Boston MA)
1952 Patrick Swayze was born in Houston Texas, actor/dancer
1960 1st photograph bounced off a satellite, Cedar Rapids, Iowa
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
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Brewery News
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India: United Breweries net profit up 22.62% in Q1 to June 30
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United Breweries on August 14 posted 22.62 per cent increase in its net profit at Rs 120.96 crore for the first quarter ended June
...More info on site
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UK: World’s most popular beer brands not seeing the same demand in the UK
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Beer brands are enjoying an upsurge in demand globally but in the UK it is a different story, with sales dropping nearly 5 per
...More info on site
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Brazil: Petropolis starts brewing at new beer plant in Bahia
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Grupo Petropolis, one of Brazil’s leading beer makers, launched the first production at its new brewery in Alagoinhas, Bahia, on August 14, A Tarde
...More info on site
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New Zealand: DB Breweries reports decline in revenue and profit but more than doubles dividend to its parent company
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New Zealand’s brewing giant DB Breweries saw its revenue and profit dip last year, but that didn't stop the firm from more than doubling
...More info on site
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UK: Just one extra pint a month in a pub can push the beer industry back into growth - CAMRA
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Beer drinkers in the UK buying just one extra pint a month in the pub would be all that it takes to push the British beer industry back into growth after years of steady decline, lobby group CAMRA has said.
CAMRA said that 38% of pub goers were visiting the pub less often than they did 12 months ago and that beer sales are suffering - despite real ale out-performing the rest of the market – with the total volume of beer sold in the UK during 2012 standing at around 7.8 mln pints, compared to more than 8.2 mln in 2011 and over 8.4 mln in 2010.
The pressure group said the effect was clear to see, with 26 pubs a week now closing in the UK.
Mike Benner, CAMRA Chief Executive, said: “Around 32 mln people in the UK enjoy a beer at least once a year, but the number of people drinking in pubs has been on the decline, contributing to an overall fall in beer sales. But with the price of a pint getting a much needed duty cut in this year’s budget there’s never been a better time to get down the pub. Just a pint a
...More info on site
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Japan & Malaysia: Asahi Super Dry performance in Malaysia ahead of its brewer’s targets
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The sight of Asahi Super Dry taps is common in most bars in major cities around Malaysia today, as the brand has experienced strong double-digit growth since its launch in December 2011, The Star reported on August 16.
Carlsberg Malaysia marketing director Juliet Yap said distribution for the premium beer, under the Carlsberg umbrella has been on a steady rise, as it is positioned at pubs, clubs, hotels, hypermarkets, supermarkets and also coffee shops.
Carlsberg has an agreement with Asahi Breweries to brew and distribute the latter’s beer in Malaysia.
“Asahi Super Dry has been very well received and its volume and distribution is ahead of our target.
“The distribution channel for Asahi is quite wide and we have gained strong acceptance in Penang, Johor Baru, Kuantan, Kota Kinabalu and the Klang Valley.
“The beer has caught on among the mid to higher-income group, between the ages of 25 to 34 and it is now the fastest growing premium beer in Malaysia,” said Yap.
Carlsberg Malaysia has a portfolio of international beer brands such as Carlsberg, Kronenbourg 1664, Corona Extra and Budweiser.
The flagship product, from Asahi Breweries Ltd, a leading brewery and soft drinks based in Tokyo, Japan, holds a significant share of the Japanese beer
...More info on site
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Rwanda: Heineken’s Bralirwa sees 9% fall in H1 profit
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Rwandan brewer Bralirwa's first-half pretax profit fell 9 percent due in part to negative foreign exchange effects and rising depreciation charges, Reuters reported on August 14.
Bralirwa, 75 percent-owned by Heineken, said profit eased to 10.36 billion francs ($16 million) from 11.36 billion francs in the first half.
Revenue rose 2.6 percent to 37 billion francs.
Costs rose due to negative foreign exchange effects while depreciation charges on the brewery and soft drinks operations also increased, the company said in a statement, without providing details.
It said its earnings per share fell to 15.06 francs from 15.43 francs in first half 2012.
Bralirwa is Rwanda's oldest brewery with rights to produce brands such as Guinness and Amstel. It also produces branded soft drinks such as Coca-Cola.
($1 = 648.97294 RWF)
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USA: MillerCoors planning high alcohol content beer
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MillerCoors LLC will introduce a high alcohol content beer, Miller Fortune, and a hard cider targeting men, Smith & Forge Hard Cider, in the first half of 2014, The Business Journal reported on August 15.
A MillerCoors spokeswoman confirmed the brands will hit shelves next year.
Miller Fortune, at 6.9 percent alcohol by volume, aims to compete with Anheuser-Busch InBev’s Bud Light Platinum, a 6 percent ABV beer introduced last year, AdAge reported. Those are both higher than typical domestics.
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Barley News
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EU: Malting barley futures extend decline on reports of “one of the best ever” winter barley harvests from the UK
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Malting barley futures extended their decline as the UK indicated "one of the best ever" winter barley harvests, underlining ideas of strong European supplies
...More info on site
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EU: Barley crop estimates increase and campaign promises to be lively
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Barley crop estimates have increased continuously over the past month, industry analysts reported on August 1. The EU Commission estimates a production of 58.8
...More info on site
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Australia: Barley crops looking good, up to 8 mln tons may be harvested this year
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Barley crops in West and East Australia are looking good, precipitation to-date (as of early August) has been sufficient. Estimates are that 7.9 –
...More info on site
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Canada: Malting barley PROs for 2013-14 lower this month
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CWB on August 15 updated Pool Return Outlooks (PROs) for 2013-14 Early Delivery and Annual Pools.
Compared to the last PROs released in mid-June, projected malt barley pool returns are C$10 to C$15 per tonne lower, both at C$300/tonne this month.
Malting barley prices have been moving lower on the back of bearish developments offshore and at home. The European winter barley harvest was quite good and the European spring malting barley harvest has been good so far. Australia has received some beneficial rainfall in key barley growing regions, and western Canadian malting barley prospects look much improved compared to last year quality and yield-wise, CWB commented.
PROs are provided as price indications based on current nearby and forward markets. They are calculated basis track west coast or Thunder Bay ports, net of all projected operating costs, including CWB's pool management fee. Volatile market conditions may affect the PROs significantly. PROs are not price guarantees and should not be confused with initial payments. Farmers should consider entering pool contracts as an excellent risk-management tool that provides a solid return from the entire pooling period.
To calculate pool returns backed off to the farm, farmers should factor in country
...More info on site
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