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Flash Summary
Last five Flashes
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E-Malt.com Flash 02b
January 08 - January 11, 2015
Quote of the Week
"Many battles have been fought and won by soldiers nourished on beer."
Frederick the Great
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Currency Rates
Base Currency: Euro
on January 09, 2015 |
Base Currency: US Dollar
on January 09, 2015 |
| |
1 EUR = 1.1808 USD
1 EUR = 0.7827 GBP
1 EUR = 1.3960 CAD
1 EUR = 1.4571 AUD
1 EUR = 141.2610 JPY
1 EUR = 3.1696 BRL
1 EUR = 73.0130 RUB
1 EUR = 7.2542 CNY
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|
1 USD = 0.8470 EUR
1 USD = 0.6629 GBP
1 USD = 1.1823 CAD
1 USD = 1.2341 AUD
1 USD = 119.6370 JPY
1 USD = 2.6843 BRL
1 USD = 61.8340 RUB
1 USD = 6.1435 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 09, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
204.00-206.00 |  |
206.00-208.00 | |
| 6rw Barley |
177.00-179.00 | |
179.00-181.00 | |
| 2rs Malt |
402.00-404.00 | |
402.50-404.50 | |
| 6rw Malt |
369.00-371.00 | |
369.50-371.50 | |
| Feed Barley |
172.00-174.00 |  0.58% |
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.
UK: Barley usage for brewing, malting, distilling up 2.5% in July – November 2014
...Click here
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Denmark & Russia: Investors not reassured Carlsberg can weather continued losses in Russia
...Click here
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USA: Constellation Brands, Inc. reports ‘outstanding’ third-quarter results owing to exceptional momentum for its beer business
...Click here
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India: Heineken declines to comment on reports it looks to raise stake in United Breweries
...Click here
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EU: EU Commission forecasts barley crop at 60 mln tonnes in 2014/15
...Click here
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World: Cargill’s profit jumps 41% in the quarter to November 30
...Click here
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East Timor: Heineken’s new plant in East Timor to create around 200 direct jobs
...Click here
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Ukraine: Agriculture ministry, grain traders to meet next week regarding exports and local markets
...Click here
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Cameroon: Trade Minister orders to freeze the prices of bottled beer in drinking establishments
...Click here
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UK: Campaign launched to save historic ale after Carlsberg’s decision to discontinue its production
...Click here
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Graph of the week
Table of the week
Asia Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
January 8
1675 1st American commercial corporation chartered (New York Fishing Co)
1889 Dr Herman Hollerith receives 1st US patent for a tabulating machine (1st Computer)
1964 European Parliament accept Mansholt Plan
January 9
1843 P Paul Leroy-Beaulieu, French economist is born
1848 1st commercial bank in San Francisco established
1799 Income Tax introduced in UK
January 10
1863 First underground railway opens in London.
1870 John D. Rockefeller, Sr. founds The Standard Oil Co. (Ohio) with $1 million in capital and control of a tenth of the nation's oil refining.
1946 UN General Assembly convenes for 1st time (London)
January 11
1757 Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 1st American life insurance company incorporated, Philadelphia
1873 1st livestock market newspaper published, Drover's Journal, Chicago
Agenda
February 2015:
10-12: International Brewing Awards 2015
11-14: National Winter Ales Festival 2015 (Derby, UK)
21-24: Beer Attraction 2015 (Rimini, Italy)
March 2015:
11-14: Brazilian Beer Festival - Festival Brasileiro da Cerveja 2015 (Blumenau, Brazil)
20-21: BeerX 2015 2015 (Sheffield, UK)
31 March - 02 April: ProPak Vietnam 2015 (Ho Chi Minh City, Vietnam)
April 2015:
14-17: Craft Brewers Conference & BrewExpo America 2015 (Portland, USA)
21-23: Brewer (Pivovar) 2015 (Moscow, Russia)
25-26: Zythos 2015 (Leuven, Belgium)
May 2015:
06-08: bevtec Asia 2015 (Bangkok, Thailand)
07-23: The Czech Beer Festival 2015 (Prague, the Czech Republic)
19-22: Beer (Pivo) 2015 (Sochi, Russia)
24-28: EBC 2015 (Porto, Portugal)
26-28: Alimentaria Mexico 2015 (Mexico City, Mexico)
28-30: Copenhagen Beer Festival 2015 (Copenhagen, Denmark)
28-31: Latvia Beer Fest 2015 (Riga, Latvia)
June 2015:
10-14: Mondial de la Biere 2015 (Montreal, Canada)
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
15-17: Brasil Brau 2015 (Sao Paulo, Brazil)
August 2015:
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
More events are available on site e-malt.com
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Malt News
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UK: Barley usage for brewing, malting, distilling up 2.5% in July – November 2014
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UK’s brewers, maltsters, and distillers used a total of 799.3 thousand tonnes of barley in July – 23 November 2014, which represents a 2.5%
...More info on site
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Brewery News
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Denmark & Russia: Investors not reassured Carlsberg can weather continued losses in Russia
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Carlsberg A/S’s effort to reassure investors it can weather continued losses in Russia is showing little sign of working, Bloomberg reported on January 9.
“We
...More info on site
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USA: Constellation Brands, Inc. reports ‘outstanding’ third-quarter results owing to exceptional momentum for its beer business
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Constellation Brands, Inc., a leading beverage alcohol company, reported on January 8 its third quarter 2015 results.
"We achieved outstanding results for the third quarter
...More info on site
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India: Heineken declines to comment on reports it looks to raise stake in United Breweries
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Heineken has declined to comment on reports that it is looking to raise its stake in India's United Breweries.
India's CNBCTV 18 on January 7
...More info on site
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East Timor: Heineken’s new plant in East Timor to create around 200 direct jobs
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In a press release issued on January 8, Heineken Asia Pacific said that it had signed a formal investment agreement with the government of Timor Leste.
Under the agreement, a multi-beverage plant will be built near Dili, the capital of Timor Leste, with construction to begin in 2015.
The plant would be able to manufacture a variety of drinks including beer, soft drinks and water.
The setting up of the plant and subsequent route-to-market is expected to create around 200 direct jobs within local sales and business operations, with another 800 indirect jobs created across retail trade, logistics, transport and other service providers over time.
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Cameroon: Trade Minister orders to freeze the prices of bottled beer in drinking establishments
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The Cameroonian Trade Minister, Luc Magloire Mbarga Atangana, announced in a January 5 press release a decision to freeze the price of bottled beer in drinking establishments “until further notice” despite brewing companies’ request that prices be adjusted to reflect the hike in excise duties as stipulated in the 2015 Finance Act, Business in Cameroun reports.
Indeed, in 2015, the tax administration will be collecting 143 FCFA per litre of beer instead of the previous 110 FCFA.
The announcement made by this cabinet member follows the practices noted among some wholesalers during the end-of-year festive season. Many drinking establishments and spirit retailers refused to sell their stock in order to benefit from the adjusted duty to make a larger profit.
The situation has come about from confusion among some consumers as well as questions surrounding the level of collaboration between the Trade and Finance Ministries in this affair. Breweries have been clambering more and more for the excise duty increase to be struck down for fear of “market collapse” in 2015. From now until January 15, the deadline for tax filing in Cameroon, a final decision will be made by the ad-hoc committee set-up within the Office of the Prime Minister to
...More info on site
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UK: Campaign launched to save historic ale after Carlsberg’s decision to discontinue its production
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A campaign has been launched to save a historic Burton ale after a brewing giant confirmed that it was going to stop making it, Burton Mail reported on January 8.
Carlsberg UK confirmed to the Mail that it was ceasing production of its Draught Burton Ale after they claimed demand for the drink fell to a level that was 'unsustainable'.
Now, politicians and well-placed members of the brewing fraternity are clamouring for the beer to live on in some 'way, shape or form'.
Renowned beer writer Roger Protz, editor of the Good Beer Guide, said: "The death of Draught Burton Ale (DBA) is an appalling blunder by Carlsberg UK and a misreading of the state of the beer market.
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Barley News
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EU: EU Commission forecasts barley crop at 60 mln tonnes in 2014/15
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EU Commission’s barley supply and demand balance of November 27, 2014 is as follows:
Carry-in stocks are estimated at 4 mln tonnes for 2013/14 and
...More info on site
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World: Cargill’s profit jumps 41% in the quarter to November 30
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Minnetonka, US-based Cargill, one of the world’s largest privately held companies, posted a 41 percent jump in profit to $784 million during the three
...More info on site
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Ukraine: Agriculture ministry, grain traders to meet next week regarding exports and local markets
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Ukraine's agriculture ministry will meet major traders next week regarding exports and local markets after Russia's decision to curb its grain exports, traders and government sources said on January 8.
"The meeting is scheduled for January 13. We want to know their (the traders') plans," a government official, who declined to be identified, told Reuters.
Russia has introduced grain exports duties of at least 35 euros per tonne set to start from Feb. 1 to stabilise domestic prices.
In December, Moscow imposed informal export controls in a bid to cool down domestic prices.
Russia, expected to be the fourth-largest exporter this year, had been exporting record volumes from a large grain crop of 105 million tonnes as the rouble currency's plunging value spurred a dash for foreign exchange.
Ukraine, another top Black Sea grain exporter, said last month it had no plan to follow Russia's example and expected to sell its grain at a higher price as a result of the Russian move to curb sales.
The official said the government still had no plans to limit sales but traders said the agriculture ministry was likely to prepare a memorandum with traders for the 2014/15 season, as it has done in previous seasons. These allow for
...More info on site
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