If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?10785
E-Malt.com NewsLetter
Newsletter Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles





Jump  to http://www.firstkey.com

Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolutions



Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Newsletter 31b
July 31 - August 03, 2014


Quote of the Week

"Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it."
Malcolm X

             You are one of the 54,000 professionals of the brewing and malting industries from 197 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 169,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 169, - Euros
Two-year individual subscription: 299, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 349, - Euros
One-year group subscription for 6-10 members: 519, - Euros
One-year group subscription for 11-20 members: 689, - Euros
One-year group subscription for 21-50 members: 919, - Euros
One-year group subscription for 51-100 members: 1149, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: US Dollar
on August 01, 2014
Base Currency: Canadian Dollar
on August 01, 2014
      1 USD = 0.7468 EUR
1 USD = 0.5919 GBP
1 USD = 1.0905 CAD
1 USD = 1.0744 AUD
1 USD = 102.8310 JPY
1 USD = 2.2574 BRL
1 USD = 35.6101 RUB
1 USD = 6.1739 CNY
      1 CAD = 0.9171 USD
1 CAD = 0.5428 GBP
1 CAD = 0.6849 EUR
1 CAD = 0.9854 AUD
1 CAD = 94.3099 JPY
1 CAD = 2.0704 BRL
1 CAD = 32.6593 RUB
1 CAD = 5.6623 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news Canada, BC: British Columbia’s domestic brewers enjoy 43.4% sales growth in the year to June 30 ...Click here
Brewery news USA: The Boston Beer Company announces 28% net revenue growth for Q2 2014 ...Click here
Brewery news USA, PA: Susquehanna Brewing Company buys new fermenters to expand production capacity ...Click here
Brewery news USA, NC: The Lazy Hiker Brewing Company preparing to launch in Franklin ...Click here
Brewery news USA, CO: Declaraton Brewing to open in Denver in October ...Click here
Brewery news USA: MillerCoors introducing Blue Moon Cinnamon Horchata Ale this month ...Click here
Brewery news USA, CA: Mare Island Brewing Co. opening soon in Vallejo ...Click here
World News
Brewery news World: AB InBev’s second-quarter profit growth beats analysts’ estimates ...Click here
Brewery news Asia: Asia Pacific’s beer market expected to be worth USD 220.36 bln by 2020 ...Click here
Brewery news Germany: First-half beer sales up 4.4% helped by soccer World Cup ...Click here
Brewery news Brazil: AmBev posts Q2 net profit increase to 2.22 bln reais ...Click here
Brewery news World: Diageo’s full-year profit falls sharply on dramatic collapse of demand in China ...Click here
Barley news UK: Winter barley yields well above average ...Click here
Brewery news Australia: Analysts and investors waiting to know more about Coca-Cola Amatil chief’s strategy to re-enter beer market ...Click here
Brewery news India: Vijay Mallya might be forced to lose more of its holdings in United Breweries ...Click here
Brewery news Ireland: Net sales of Guinness down 3% over past year ...Click here
Brewery news China: AB InBev takes back distribution control of Corona Extra ...Click here
Barley news UK: Spring barley harvest underway ...Click here
Brewery news Botswana: SABMiller’s subsidiary won’t shut down its Botswana operations ...Click here
Graph of the Week


Table of the Week

North America Barley Import, Production, Consumption, and Ending Stocks


Table of the week.

Prices Evolution

Prices evolution

Barley Prices


Canadian Malting and Feed Barley Prices


US Malting and Feed Barley Prices


French Malting and Feed Barley Prices




Theoretical Malt Prices



Canadian Malt Prices


US Malt Prices


Theoretical EU Malt Prices



These Days in Business History

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

01 August
1930 Clarence Birdseye is awarded a U.S. patent for the invention of packaged frozen food
1950 Steve Wozniak, future co-inventor of the Apple computer, is born
1981 Pres. Ronald Reagan signs into law the Economic Recovery Tax Act of 1981, the biggest tax cut in American history, which streamlines the Federal income tax brackets, lowers the top rate to 36%, and creates the universally-deductible Individual Retirement Account

02 August
1858 1st street mailboxes-Boston, Mass.
1890 The BOVESPA (Bolsa de Valores de Sao Paulo, or Sao Paulo Stock Exchange), Brazil's central securities market, is founded
1984 Euro Court condemns phone-tapping
2000 The New York Stock Exchange begins trading in decimals, ending the two-century-old practice of pricing stocks in increments of 1/8th of a dollar

03 August
1887 Thomas Alva Edison receives a U.S. Patent for his new kinetoscope, the predecessor to the motion-picture camera
1977 Tandy Corp. introduces one of the earliest affordable personal computers, the TRS-80 (soon to be affectionately nicknamed the "Trash 80"). It has 4 (yes, four) kilobytes of memory, a black-and-white monitor, and uses floppy disks that truly flop when you shake them. It retails for just $599
1984 Total trading volume on the New York Stock Exchange exceeds 200 million for the first time, as 236,565,110 shares change hands


Agenda



News Articles


Brewery news Canada, BC: British Columbia’s domestic brewers enjoy 43.4% sales growth in the year to June 30
Domestic microbrewers’ 43.4% sales growth in British Columbia in the year ended June 30 was not only more robust than any other beer category, it was also stronger than any other major alcohol category, Business Vancouver reported on July 31.

Moreover, it came in a year when the major brewers, who produce more than 16 million litres annually, watched sales fall 2.2% during the same time frame, according to British Columbia Liquor Distribution Branch (BCLDB) statistics released July 31.

Small domestic breweries, which produce up to 1.5 million litres annually, generated C$67.4 million in the year that ended June 30, far surpassing the C$47 million that they generated in the year that ended June 30, 2013, according to the BCLDB.

These brewers are on a tear with sales growth accelerating even as higher total production makes sales increases more difficult to achieve.

In the year that ended June 30, 2013, domestic brewers who produced up to 1.5 million litres of beer enjoyed 39.3% sales growth compared to the same year that ended in 2012. Sales growth in the quarter that ended June 30 shows that mircobrewers’ sales growth acceleration has no signs of slowing.

Microbrewers who produced up to 1.5 million litres in the three ...More info on site


Brewery news USA: The Boston Beer Company announces 28% net revenue growth for Q2 2014
In its second quarter earnings report, the Boston Beer Company on July 30 announced net revenue growth of 28 percent, an increase of $50.3 million over the same period last year.

Second quarter core shipment volume of approximately 1.1 million barrels represents growth of 25 percent over the same period last year. 13 week-depletions grew 23 percent while full-year depletions grew a record 28 percent versus 2013.

“We achieved depletions growth of 23 percent and record total depletions in the second quarter,” company founder and chairman Jim Koch said in a statement. “I am tremendously proud of the efforts of our employees in achieving this record, while maintaining a focus on brewing quality and innovation. We believe that our depletions growth is attributable to strong sales execution and support from our distributors and retailers as well as our quality beers and strong brands.”

As a result of product mix increases and the addition of new packages, Boston Beer’s gross margins decreased slightly to 53.1 percent (from the 53.6 percent it achieved in the second quarter of 2013).

Boston Beer estimates that, through July 19, year-to-date depletions are up 27 percent from the comparable period in 2013.

Despite the impressive depletions growth, however, The Samuel ...More info on site


Brewery news USA, PA: Susquehanna Brewing Company buys new fermenters to expand production capacity
Four 100-barrel fermenters were delivered to the Susquehanna Brewing Company over the last two days, bringing the total number of beer tanks to 11, citizensvoice.com reported on July 30.

The new equipment is part of a $350,000 expansion project to increase beer production.

Owners Mark Nobile and Ed Maier, the great-great-grandson of Charles Stegmaier, said they purchased the equipment in response to increased sales and the need for additional brands of craft brews, which have become a bright spot in the beer industry.

“As you create more brands and have more sales, you need more capacity,” Nobile said.

They ordered the fermenters from stainless steel tank manufacturer JV Northwest in Oregon, which also manufactured the brewery’s other seven 150-barrel fermenters.

Brewmaster Guy Hagner said the new beer tanks will “enable us to continue doing what we’re doing and do more of it and even bring on some new things.”

“With the seven tanks we had, we’ve been having to juggle quite a bit,” said Hagner, who has worked in the brewing business for 30 years. “What we needed was the ability to do more different things rather than more of just one or two things.” Each tank cost about $35,000. The total cost for delivery and ...More info on site


Brewery news USA, NC: The Lazy Hiker Brewing Company preparing to launch in Franklin
As the snow melts in Southern Appalachia, the beer will begin to flow from the taps of the Lazy Hiker Brewing Company in the former Franklin Town Hall, Smoky Mountain News reported on July 30.

“We’re on schedule to begin production brewing early in 2015 and should open our tasting room sometime around March 1,” said co-owner Ken Murphy. “We took possession of the facility on July 1, and we’ve been going full tilt on renovation since then. We’ll probably not install brewery equipment until the beginning of November.”

The brewery is aiming to have a 15-barrel system with 15 and 30-barrel fermenters. With that system, the brewery could potentially be able to hit the ground running and distribute around Western North Carolina upon opening.

“Overall, we want to produce a top-notch customer experience for craft beer novices and experts alike. To do that, we ‘re working to create a first-class setting and a comfortable, family-friendly atmosphere,” Murphy said. “We really want Lazy Hiker Brewing to be a beckoning destination in Franklin for both locals and tourists. The measure of our success will be customers coming back often and asking other retail establishments if they carry our beer — no, make that ...More info on site


Brewery news USA, CO: Declaraton Brewing to open in Denver in October
Dreams are becoming reality for the four guys behind Denver's Declaration Brewing, as their first brewery and tap room is set to open its doors in October. With this south Denver location near the Platte River at 2030 S. Cherokee St., the four partners hope to take their home brewing operation to the big leagues, The Denver Eater reported on July 29.

The brew house will operate a 20 bbl fully automated brewing system with ample fermentation volume and areas for barrel storage. Guests will be able to enjoy a pint (or several) in the nearly 2,000 square-foot tap room. In addition, the location will also feature a large outdoor beer garden with fixed food truck parking, a band shell, and room for lawn games.

With seven beers already planned (including IPAs and wheat beers), Declaration Brewing hopes to begin distribution as soon as they open for commercial operation. They intend to market their beers at restaurants, tap rooms, and liquor stores throughout Colorado and the Rocky Mountain area. Eventually, beer-lovers will be able to locate their favorite Declaration brews using the online Beer Beacon.


Brewery news USA: MillerCoors introducing Blue Moon Cinnamon Horchata Ale this month
Blue Moon Brewing Co. is rolling out a new beer that offers a flavor of company founder Keith Villa's Mexican heritage, Milwaukee Business Journal reported on July 30.

Blue Moon, a Golden, Colo., unit of Chicago-based MillerCoors LLC, is introducing Blue Moon Cinnamon Horchata Ale in August. The beer is crafted with cinnamon, Belgian dark candy sugar and long-grain rice and is inspired by the traditional and popular Latin American drink known as horchata.

"Growing up in a Mexican family, I had horchata all the time when I was young, but then I rediscovered it in recent trips to Latin America," said Villa in a press release. "I wanted to develop a brew for adults that combined the refreshing and creamy attributes of the traditional horchata, so I'm beyond pleased that we finally made it a reality. It brings me great pride to introduce this brew into the market."

The new beer will be available Aug. 1 in limited supply in select cities in Texas, California, Colorado and New York. The beer will be included in fall and winter brewmaster sampler packs nationwide.

Blue Moon is part of MillerCoors' Tenth and Blake Beer Co., which markets craft beers, imports and ciders including Blue Moon, ...More info on site


Brewery news USA, CA: Mare Island Brewing Co. opening soon in Vallejo
"Damn the torpedoes, full speed ahead!"

Admiral David Farragut's famous phrase is the motto of the Mare Island Brewing Co., which is opening soon in the Vallejo Ferry Building, co-owner Ryan Gibbons said this week.

Farragut was the U.S. Navy's first admiral and the man charged in 1854 with creating the Mare Island Naval Shipyard, for which the new brewing company is named.

"For us it means there is no obstacle we can't overcome, and damn (some) people's (negative) reaction to Vallejo, and full speed ahead," Gibbons was quoted as saying by Times Herald on July 30.

Gibbons and business partner Kent Fortner are holding a series of "soft openings" as practice runs, to work out the kinks in advance of a grand opening, the two Mare Island residents said.

All the required permits are now in hand, and it's only a matter of putting everything together just so, Gibbons said. The timing of the soft openings is secret, but the men said they plan to open for good by early September.

Meanwhile, details like finding and installing historical Mare Island-related photos and other memorabilia, honing the food menu and nailing down just the right suppliers are being worked out, Gibbons said. For instance, the tap ...More info on site


Brewery newsWorld: AB InBev’s second-quarter profit growth beats analysts’ estimates
Anheuser-Busch InBev NV, the world’s biggest brewer, reported on July 31 second-quarter profit growth that beat estimates as soccer World Cup-related beer sales in ...More info on site


Brewery newsAsia: Asia Pacific’s beer market expected to be worth USD 220.36 bln by 2020
According to a new market report published by Transparency Market Research "Beer Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast, ...More info on site


Brewery newsGermany: First-half beer sales up 4.4% helped by soccer World Cup
German beer sales rose by 4.4 percent in the year's first half, gaining froth from the beginning of the country's run to the soccer ...More info on site


Brewery newsBrazil: AmBev posts Q2 net profit increase to 2.22 bln reais
Companhia de Bebidas das Americas, or AmBev, on July 31 reported an increase in its net profit in the second quarter, as its sales ...More info on site


Brewery newsWorld: Diageo’s full-year profit falls sharply on dramatic collapse of demand in China
Americans are drinking cheaper vodka and Chinese consumers are giving up high-end Scotch whisky. Both trends are bad news for Diageo, the world's biggest ...More info on site


Barley news UK: Winter barley yields well above average
Winter barley yields in the United Kingdom are well above average at 10.02 t/ha, according to national HGCA trial results. That is more than 1 t/ha better than the five-year average of 8.98 t/ha, Farmers’ Weekly reported on July 29.

“Six-row varieties on the HGCA Recommended List still head the table on yields, with the hybrid variety Volume achieving 106% compared to the control varieties, and the conventional variety KWS Meridian 105%,” said the HGCA’s Simon Oxley.

Two-row feed varieties were also performing well, with California at 103%, KWS Glacier 102% and KWS Tower 101%.

“Malting varieties are more about quality than yield, but Talisman has achieved yields of 97% and SY venture 95% to date.”

Candidate six-row conventional variety Daxor looked promising, with a score of 105%, with candidate two-row feed varieties KWS Infinity and Perseus at 101% and 100%, respectively.

“The five-year average yields provide a better representation of variety performance over a range of seasons,” said Dr Oxley.

“The six-row hybrid Volume (107%) remains the top performer, followed by the two-row feed varieties KWS Glacier (104%) and KWS Tower (104%).”


Brewery newsAustralia: Analysts and investors waiting to know more about Coca-Cola Amatil chief’s strategy to re-enter beer market
Recently appointed Coca-Cola Amatil chief Alison Watkins was scheduled to attend on July 30 her first board meeting of the bottler’s brewing joint venture ...More info on site


Brewery news India: Vijay Mallya might be forced to lose more of its holdings in United Breweries
Vijay Mallya, UB Group chairman who has painted himself into a corner over debts for his now-grounded Kingfisher Airlines, might be forced to shed some of his holdings in United Breweries, the maker of India's largest-selling beer, Kingfisher, Business Standard reported on August 1.

Mallya holds a 32.86 per cent stake in United Breweries, after having ceded control to Dutch brewer Heineken in December last year. He could lose another three per cent of his holdings, as a lender controlling 6.3 million pledged shares is seeking to recover its dues.

According to a regulatory disclosure by McDowell Holdings, a UB Group company that holds 4.05 per cent in United Breweries, it had provided corporate guarantees and created a pledge of 6.3 million shares in favour of a lender to secure debt and the total outstanding was Rs 496 crore.

"Three such borrowers have committed acts of defaults and the lender has demanded repayment of a sum of Rs 337.52 crore due from them. Simultaneously, the lender has invoked corporate guarantees and exercised its right of pledge provided by the company to realise the above dues," McDowell Holdings said. The company added it was negotiating with the lender to restore the facility made available ...More info on site


Brewery news Ireland: Net sales of Guinness down 3% over past year
Net sales of Guinness declined 3% in Ireland over the past year, due to hot weather, significant rises in excise duties and the continuing shrinkage of the overall beer market in the country, Irish Examiner reported on August 1.

On a global basis, net sales of the Dublin-brewed stout fell by 1%, but a strong performance was seen in eastern Africa, where price rises drove net sales growth of 19%.

While growth was also evident in Indonesia, Guinness sales declined in Nigeria, its biggest single market, due to challenging market conditions — although a pick-up was noted in the second-half of the year.

“In Ireland on-trade, Guinness accounted for 30.6% of the value and 33% of the volume in the last 12 months.

“This means that one in three pints consumed is still a pint of Guinness. Smithwicks, meanwhile, has grown its value share of the long alcoholic drink market by 0.06 points over the last 12 months,” said Diageo Ireland chief David Smith.

While Diageo failed to meet analyst expectations with its full-year earnings figures (covering the 12 months to the end of June) on July 31, it noted generally good performances for its Irish brands — with Bushmills whiskey growing global sales by ...More info on site


Brewery news China: AB InBev takes back distribution control of Corona Extra
Anheuser-Busch InBev (AB InBev) took back distribution control of Corona Extra from Carlsberg in China as CEO Carlos Brito insists the brand will extend its ‘super premium’ position in the country, Beverage-Daily.com reported on August 1. AB InBev reported its Q2 2014 results on July 31 with total revenue up 5% to $12.2 bln and EBIT up 10.5% to $4.054 bln*, while normalized net profit grew 74% in the quarter to $2.614 bln.

The Corona family (Corona Extra and Corona Light) grew 5.3%, and AB InBev CEO Carlos Brito said the world’s largest brewer is progressively regaining control of the brand globally following its full takeover of Mexico’s Grupo Modelo in June 2013 – and taking it into new territories.

In Canada AB InBev regained the right to import, promote and sell the brand in March, recently took back control of Corona from Chilean brewer and soft drinks player CCU in Argentina and is poised to regain control in the UK from Molson Coors, where Brito is eyeing a “big market”, in January 2015.

“And in Brazil, it’s white territory for the brand. We’re going to launch it before the end of this year,” Brito said, adding that AB InBev was aiming to ...More info on site


Barley news UK: Spring barley harvest underway
Spring barley harvest is underway across much of the UK, with the early Null-Lox varieties the first to be cut, Farmers’ Weekly reported on July 29.

Stuart Shand, sales director at Gleadell Agriculture, said it was one of the earliest harvests in a long time, with spring barley cut in all areas including North West England.

“Yields and quality are fantastic – we have had farmers reporting record yields with our new variety Chapeau, which is good news when we’ve got these low prices,” he said. “I think spring barley could be the crop of the year.”

Spring barley yields ranged from 6 t/ha on lighter land to 9.5 t/ha on better ground, with nitrogen contents between 1.4% and 1.6%, and screenings at 85-98% over a 2.5 mm sieve.

“The average of our Null-Lox samples is 14.4% moisture, 1.47% nitrogen, 93% screenings retained and 68 kg/hl,” said Mr Shand.

Winter barley yields and quality had also been extremely good, although some early crops had been poor.

“The early crops that burnt off had screenings as low as 40% retained – but feed barley samples are still averaging 65.3 kg/hl, including the rubbish.”

Malting quality was good, with all varieties averaging between 14.4% and 14.9% moisture, 65.3-67 kg/hl, ...More info on site


Brewery news Botswana: SABMiller’s subsidiary won’t shut down its Botswana operations
Kgalagadi Breweries Limited (KBL), a subsidiary one of the world’s largest brewer SABMiller, says it won’t shut down its Botswana operations, Ventures Africa reported on August 1.

There were high speculations in the southern African nation in past recent months that SABMiller was planning to pull KBL out of Botswana because of huge losses it was making.

“The less money we make, the less money goes to government. Meanwhile, we will stay as long as we can,” KBL Managing Director Johan De Kock said.

“Our expenditures here are proof that we are here to stay. In similar circumstances, any other brewer would not have invested the way we are doing. We believe new technology will result in cost savings,” De Kock added.


Copyright © E-Malt s.a. 2014