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E-Malt.com Flash 45a
November 03 - November 05, 2014
Quote of the Week
"There is nothing for a case of nerves like a case of beer."
Joan Goldstein
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Currency Rates
Base Currency: Euro
on November 05, 2014 |
Base Currency: US Dollar
on November 05, 2014 |
| |
1 EUR = 1.2519 USD
1 EUR = 0.7828 GBP
1 EUR = 1.4243 CAD
1 EUR = 1.4362 AUD
1 EUR = 142.1770 JPY
1 EUR = 3.1373 BRL
1 EUR = 54.6749 RUB
1 EUR = 7.6934 CNY
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1 USD = 0.7988 EUR
1 USD = 0.6253 GBP
1 USD = 1.1377 CAD
1 USD = 1.1472 AUD
1 USD = 113.5700 JPY
1 USD = 2.5060 BRL
1 USD = 43.6721 RUB
1 USD = 6.1452 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 05, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
195.00-197.00 |  1.55% |
198.00-200.00 | 1.02% |
| 6rw Barley |
162.00-164.00 |  1.21% |
167.00-169.00 |  |
| 2rs Malt |
390.00-392.00 | 1.10% |
393.00-395.00 | 0.63% |
| 6rw Malt |
349.00-351.00 | 0.54% |
355.00-357.00 | |
| Feed Barley |
157.00-159.00 | 0.64% |
nq | |
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.
EU: Beer consumption declines to 346.167 mln hl in 2013
...Click here
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Brazil: Beer production down in October, but grows 5.7% in the first ten months of this year
...Click here
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Vietnam: Figures about beer consumption in Vietnam vary
...Click here
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World: World barley production forecast revised down to 137.9 mln tonnes
...Click here
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EU: Rapid increase in barley prices makes sellers hold off their offers
...Click here
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EU: Barley crop estimated at 58.901 mln tonnes this year
...Click here
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USA: Barley crop situation worse than during the bad crops of the 1980s and 1990s
...Click here
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Germany: This year is seen as average to below average for Germany’s hops crop
...Click here
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Nigeria: Shareholders to vote on Nigerian Breweries Plc’s proposed merger with Consolidated Breweries Plc in December
...Click here
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Egypt: The story of Egyptian beer industry’s resilience
...Click here
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Zimbabwe: Delta Corporation stops production of Chibuku beer at six breweries within rationalisation project
...Click here
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Nigeria: Outgoing Guinness Nigeria Managing Director/CEO sums up his
...Click here
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UK: Newly formed Britain’s Beer Alliance launches beer promo campaign
...Click here
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Ireland & Mexico: Diageo to exchange Bushmills Irish whisky for tequila
...Click here
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USA & Germany: Figueroa Mountain Brewing to expand and build new production facility in Germany
...Click here
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Graph of the week
Table of the week
Latin America Beer Production by Country 2005-2013s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
An environmentally friendly method to hunt for
polyfunctional thiols
ABSTRACT
It becomes more and more clear that sulfur
containing aroma substances with extremely low
flavor thresholds dominate unique flavor
impressions in heavily hopped beers. However the
analysis of these thiols often involves the use of
mercury for sample preparation. These Japanese
researchers propose a new method for the sample
preparation. They use stir-bar sorptive extraction
(SBSE) method followed by in-situ derivatization with
ethyl propiolate, followed by the analysis using the
triple quadrupole GC/MS (QQQ) system with thermal
desorption unit. With the increase of craft beers with
many unique sulfur related hop flavours, this method
might help to correlate sensory impressions with
specific compounds.
Read more
Source: Barth Innovations
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These Days in Business History
November 03
1898 1st US automobile show opens at Madison Square Garden (NYC)
1929 1st commercially produced synthetic rubber manufactured
1971 The microprocessor is officially born as Intel introduces its new 4004 chip, invented by Ted Hoff and Federico Faggin
November 04
1846 Benjamin Palmer patents artificial leg
1939 1st air conditioned automobile (Packard) exhibited, Chicago, Ill
1996 Vimpel Communications becomes the first Russian company to list its shares on the New York Stock Exchange
November 05
1492 Christopher Columbus learns of maize (corn) from Indians of Cuba
1895 George Selden patents 1st gasoline-driven car
Agenda
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Brewery News
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EU: Beer consumption declines to 346.167 mln hl in 2013
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The EU-28 beer consumption in 2013 amounted to 346.167 mln hl of beer, down from 355.314 mln a year before, The Brewers of Europe
...More info on site
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Brazil: Beer production down in October, but grows 5.7% in the first ten months of this year
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Brazil’s beer production declined for the third month in a row in October, according to SICOBE data.
Last month, the nation’s total beer output was
...More info on site
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Vietnam: Figures about beer consumption in Vietnam vary
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Policymakers differ on whether to develop the domestic beer market because of varying figures about beer consumption in Vietnam, Vietnamnet reported on November 5.
An
...More info on site
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Nigeria: Shareholders to vote on Nigerian Breweries Plc’s proposed merger with Consolidated Breweries Plc in December
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The Nigerian Breweries Plc’s proposed merger with Consolidated Breweries Plc got a boost last week as the Federal High Court has approved a court ordered meeting of shareholders of the company to consider the proposal, This Day Live reported on November 3.
Managing Director/Chief Executive Officer of Nigerian Breweries, Mr. Nico Vervelde, who disclosed this, noted that the meeting has been scheduled for Thursday December 4, 2014 in Lagos.
“Having obtained the approval of the statutory authorities, the distribution of the Scheme of Merger document to shareholders will commence immediately. The essential proposal before our shareholders is to combine the operations of Nigerian Breweries Plc and Consolidated Breweries Plc into one legal entity effected through a Scheme of Merger with Nigerian Breweries being the surviving entity,” Vervelde said in a statement.
For the proposed merger to be approved, 75 per cent of the shareholders present and voting at the meeting will need to vote in its favour.
However, Heineken N.V, the majority shareholder in Nigerian Breweries, has informed the company that it will not vote at the meeting. Heineken’s decision will give the minority shareholders of the company the sole discretion to decide whether or not to approve the merger of the two
...More info on site
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Egypt: The story of Egyptian beer industry’s resilience
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“Without a doubt, every group of people needs a distraction. For example, there’s arak in Turkey and Lebanon. We wish for beer to become the popular drink in Egypt," Ismaʿil Hafez, a Muslim Egyptian employee of Pyramid Brewery said to then-Egyptian President Gamal Abdel Nasser in a brief conversation at the inaugural Egyptian Industrial and Agricultural Fair Jan. 3, 1960.
Hafez added, "It is my pleasure to inform you that it was the ancient Egyptians who first manufactured beer."
Hafez was not speaking on behalf of an upstart company, but for one that had flourished in Egypt in various incarnations for more than 70 years, Al-Monitor reported.
This company, now called Al-Ahram (Arabic for "pyramid") Beverage Company, still exists today in Egypt, although its public visibility has diminished. While the contemporary trend of Islamic religiosity makes it hard to imagine, there was a time when a flashing sign for Stella, the company’s flagship brand, could sit atop a Cairo building.
Despite the Islamic theological arguments against alcohol, beer in majority-Muslim Egypt was an industrial product that tracked the country’s twentieth-century economic and technological development through its production, sale and management.
From its first days, the Egyptian beer industry was a transnational venture. In
...More info on site
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Japan: Craft beer winning over Japanese consumers
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Just steps away from the historic sumo stadium in Ryogoku, in one of the oldest parts of Tokyo, Popeye’s is one of an increasing number of craft-beer bars in Japan — a new tradition next to an old one, Modern Farmer reported on November 4.
The Dutch brought beer to Japan in the 1600’s, but it took a few centuries to catch on. Eventually, light, lager-like brews produced by Asahi, Kirin and Sapporo came to dominate and, for many, define beer. Craft beer, with its variety of flavors and styles, remained rare and expensive.
Then in 1994, a change in tax laws made it much cheaper to produce beer in limited quantities, and as a result, hundreds of small breweries opened. However, according to Mark Meli, author of Craft Beer in Japan: The Essential Guide (2013), most of these 400 new operations fizzled due to poor management and lackluster brews. Especially in rural areas, craft breweries were seen more as an economic Hail Mary than an opportunity for top-notch beers. Some backers hoped the novel beverages could lure visitors away from modern, urban attractions. “Many breweries started in the 1990s with this idea, and a lot of investment — but with no
...More info on site
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Zimbabwe: Delta Corporation stops production of Chibuku beer at six breweries within rationalisation project
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SABMiller’s Delta Corporation has stopped production of standard Chibuku beer at six breweries across Zimbabwe, as plant rationalisation continues after the introduction of its new product brand Chibuku Super, BizDay reported on October 31.
Company secretary Mr Alex Makamure said the remaining seven standard Chibuku breweries were enough to cover production requirements for Chibuku Scud and Shake Shake. Mr Makamure said the Zimbabwe Stock Exchange-listed brewer had stopped production at Chipinge, Marondera, Hwange, Mvurwi, Karoi and Zvishavane breweries in line with its rationalisation plans after the introduction of Chibuku Super.
“We have broken ground at Fairbridge Brewery at Umguza just outside Bulawayo where we are setting up the second Chibuku Super Plant, which will be commissioned around May 2015,” he said.
Chibuku Super is produced in Chitungwiza.
Following overwhelming success of this newest product, Chibuku Super, Delta also said it was setting up a second plant in Bulawayo to be commissioned in May next year. The product is being distributed nationally, Mr Makamure said, although there are significant supply gaps arising from the outages of power and water at the brewery.
“There are also some teething problems relating to a new plant,” he said.
Delta says Chibuku Super is a result of the significant leap in
...More info on site
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Nigeria: Outgoing Guinness Nigeria Managing Director/CEO sums up his
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The outgoing Managing Director/Chief Executive Officer, Guinness Nigeria Plc, Mr. Seni Adetu told select journalists that the drop in disposable income constitutes serious challenges for firms in the alcoholic and non-alcoholic beverages sector, This Day Live reported on November 3. Select parts of the interview are published below:
You will be leaving as the CEO of Guinness Nigeria after close to three years on the saddle; how has the journey been?
First and foremost, Guinness Nigeria Plc is a company that has a rich heritage and has delivered strong shareholders’ returns over the years and so I am proud to have been the managing director of this company in the last two and half years. Before I speak to what I met and what I am leaving behind, I think it is necessary to clear the air regarding my term in office because a lot of people are saying why just two and half years. Certainly, it is not unusual in a multinational company like this that in every two-three years, that you see changes like this. So, for me it is not really about how long, but how is the quality of legacy we are going to leave behind. For me,
...More info on site
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UK: Newly formed Britain’s Beer Alliance launches beer promo campaign
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The newly formed Britain’s Beer Alliance has launched with a £10 million campaign and TV advert to get people thinking differently about beer, The Drinks Business reported on October 30.
Britain’s Beer Alliance, formed out of the previously titled Let There Be Beer Movement, is an umbrella organisation comprising of brewers big and small, industry bodies and pub companies including the likes of SABMiller, Carlsberg, Heineken, Fullers, Wells & Young’s, The British Beer & Pub Association (BBPA), Society of Independent Brewers (SIBA) and Cask Marque.
Its first campaign entitled “There’s a Beer For That” will see £10 mln pumped into the British beer industry in a bid to convey three core messages; quality, diversity and versatility of beer.
While driving awareness and understanding of the wide range of styles and flavours of beers available in the UK, the campaign will also seek to educate people on how different styles of beer can be paired with different foods and occasions.
Mike Benner, Managing Director of the Society for Independent Brewers said: “Our support for Britain’s Beer Alliance adds the voice of the smaller British brewer to the campaign and tells consumers that this is a genuine cross-industry alliance, which we know is something that motivates
...More info on site
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USA & Germany: Figueroa Mountain Brewing to expand and build new production facility in Germany
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Figueroa Mountain Brewing, one of California’s faster-growing, but relatively unknown, craft breweries, has announced a slew of expansion plans that include a new international presence, adding three new taprooms and turning over distribution rights to a local beer wholesaler, brewbound.com reported on October, 30.
The company plans to start contract brewing in Germany within six months while it searches for a location to build its own scalable production facility and brewpub in the Bavarian region of the country.
A definitive timeline for the launch of Figueroa’s German brewery is unclear, though the company’s European ambitions mirror those in place at its home of Buellton, said brewery president Jaime Dietenhofer.
“We have to make sure it’s calculated and scaled to our size,” said Dietenhofer. “We’ll start off as a small regional brewery and can grow from there and test the market. Maybe that’s more tied into a 15-barrel system with multiple fermenters just like we started over here and if we need to add capacity we will.”
Dietenhofer could not say precisely how much the expansion will cost, but said that while “not cheap by any means,” the brewery won’t be matching Stone Brewing’s $25 mln investment into the creation of a new facility in
...More info on site
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Barley News
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World: World barley production forecast revised down to 137.9 mln tonnes
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The IGC on October 30 revised down its forecasts for global barley production in 2014/15 to 137.9 (previous forecast 138.3, previous year 144.8) mln
...More info on site
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EU: Rapid increase in barley prices makes sellers hold off their offers
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Lively is one way to describe the EU markets over the last fortnight, but rabid is probably a better word, as an abundance of
...More info on site
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EU: Barley crop estimated at 58.901 mln tonnes this year
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In its October report, Coceral said it estimates the EU-28 total barley crop in 2014 at 58.901 mln tonnes vs. 59.392 mln tonnes last
...More info on site
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USA: Barley crop situation worse than during the bad crops of the 1980s and 1990s
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The situation in the USA was no better during the last week of October with market participants thoroughly downcast about the crop and about
...More info on site
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Hops News
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Germany: This year is seen as average to below average for Germany’s hops crop
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In Germany, the Hallertau Region’s hop acreage grew in 2014 for the first time in the last couple of years to 14,467 ha (14,086
...More info on site
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Whisky News
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Ireland & Mexico: Diageo to exchange Bushmills Irish whisky for tequila
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Diageo is to sell the Bushmills Irish whiskey brand and distillery in a deal which will give it outright control of Don Julio tequila, Off Licence News reported on November 3.
Bushmills will transfer to Mexico’s largest tequila producer Jose Cuervo in return for an additional net payment of $408 million.
In return, Diageo will take full global ownership of Don Julio, in which it already has a 50% stake.
Curevo will also relinquish the Mexican production and distribution rights for Smirnoff.
It is the third significant move of the year in tequila for Diageo, following the acquisition of Peligroso and DeLeon in January, the latter in a joint venture with rapper Sean Combs.
Diageo lost the global distribution rights to the Jose Cuervo brand last year.
Diageo chief executive Ivan Menezes said: “We have secured our position in the growing super and ultra-premium segments of the tequila category and further strengthened our global footprint by expanding our leading position in Mexico where the growth of spirits has great potential.
“It delivers our strategy to build our presence in the world’s fastest growing markets and lead the industry in the biggest growth opportunities.”
The deal is expected to be completed in early 2015.
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