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E-Malt.com Flash 28a
July 06 - July 08, 2015
Quote of the Week
The way I see it, if you want the rainbow, you gotta put up with the rain.
Dolly Parton
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Currency Rates
Base Currency: Euro
on July 08, 2015 |
Base Currency: US Dollar
on July 08, 2015 |
| |
1 EUR = 1.0931 USD
1 EUR = 0.7077 GBP
1 EUR = 1.3925 CAD
1 EUR = 1.4722 AUD
1 EUR = 133.8800 JPY
1 EUR = 3.4547 BRL
1 EUR = 63.0441 RUB
1 EUR = 6.7909 CNY
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1 USD = 0.9091 EUR
1 USD = 0.6444 GBP
1 USD = 1.2697 CAD
1 USD = 1.3411 AUD
1 USD = 122.5300 JPY
1 USD = 3.1536 BRL
1 USD = 57.1301 RUB
1 USD = 6.0911 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 08, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
215.00-217.00 |  0.92% |
| 6rw Barley |
188.00-190.00 |  |
| 2rs Malt |
414.00-416.00 | 0.59% |
| 6rw Malt |
380.50-382.50 | |
| Feed Barley |
181.00-183.00 | |
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.
UK: Barids Malt predicts reduction in malt deliveries in the year ahead
...Click here
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The Netherlands & India: Heineken increases stake in United Breweries, United Spirits exits the group
...Click here
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China & Hong Kong: San Miguel Brewery warns its Hong Kong and China units will report losses due to non-renewal of distribution agreements with AB InBev
...Click here
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Italy: Beer consumption down 3% in January-May this year
...Click here
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Myanmar: Heineken NV and Carlsberg A/S seeking to exploit the potential of Myanmar’s beer market
...Click here
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France: First report on malting barley crop quality very positive
...Click here
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Vietnam: Sabeco accused of manipulating luxury taxes
...Click here
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Brazil: Ambev announces acquisition of craft brewer Colorado
...Click here
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Venezuela: Beer supplies may dry up by August because of labour dispute at Polar Industries
...Click here
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New Zealand: Demand moves away from mainstream to craft beer
...Click here
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India: Premium mild beer segment growing fast even though Indians have always preferred strong beer
...Click here
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Australia: Coopers says secondary fermentation makes its iconic beer so popular
...Click here
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South Korea: Diageo Korea shifts focus to lower-alcohol drinks as demand for stronger brands declines
...Click here
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New Zealand: New Zealand’s craft brewers now brewing overseas to reduce shipping costs
...Click here
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Graph of the week
Table of the week
Australian Barley Supply and Disposal
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How to assess hop aroma ?
ABSTRACT
With the increased scientific interest in hop aroma, different sensory approaches for the evaluation have been published. This talk gave an overview of the history of aroma categorization and presented a class of 12 descriptors established specifically to assess hop varieties and hoppy beers in comparison to other tasting schemes currently available. Examples of hop varieties were given to show how this tasting form is able to characterize the uniqueness of hop varieties. Also the differences of a trained and an untrained taste panels were pointed out.
Read more
Source: Barth Innovations
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These Days in Business History
06 July
1785 - Congress resolves US currency named "dollar" and adopts decimal coinage
1885 - Louis Pasteur successfully tests an anti-rabies vaccine
1886 - Horlick's of Wisconsin offers 1st malted milk to public
1907 - Opening of Brooklands, in England - the world's first purpose-built motor racing circuit
1928 - In New York, the screening of the first film to include sound - 'The Lights of New York'
07 July
1550 - Chocolate introduced
1802 - 1st comic book "The Wasp," is published
1814 - The world's first authentic historical novel, 'Waverley' by Sir Walter Scott, is published
1891 - Travelers cheque patented
1929 - In Italy, the Vatican in the centre of Rome becomes a sovereign state
1954 - Elvis Presley makes his radio debut
08 July
1497 - Portuguese navigator Vasco da Gama sets sail from Lisbon in search of a sea route to India
1796 - U.S. State Department issues 1st American passport
1870 - Congress authorizes registration of trademarks
Agenda
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
09-12: Artbeerfest 2015 (Caminha, Portugal)
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: Barids Malt predicts reduction in malt deliveries in the year ahead
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One of the UK’s main maltsters has warned of a slowdown in deliveries to the brewing and whisky sectors this year, The Press and
...More info on site
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Brewery News
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The Netherlands & India: Heineken increases stake in United Breweries, United Spirits exits the group
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Dutch brewer Heineken has increased its stake in India's largest liquor company United Breweries (UB), gaining power to control the company in further worries
...More info on site
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China & Hong Kong: San Miguel Brewery warns its Hong Kong and China units will report losses due to non-renewal of distribution agreements with AB InBev
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Philippine San Miguel Brewery has issued a rare profit warning, saying its Hong Kong and China operations expects to post a net loss for
...More info on site
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Italy: Beer consumption down 3% in January-May this year
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Italian beer consumption dropped by three per cent in the first five months of 2015 due to higher taxes, claims a study commissioned by
...More info on site
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Myanmar: Heineken NV and Carlsberg A/S seeking to exploit the potential of Myanmar’s beer market
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Both Heineken NV and Carlsberg A/S are seeking to exploit the potential of Myanmar, the southeast Asian nation where more than 80 percent of
...More info on site
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Vietnam: Sabeco accused of manipulating luxury taxes
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Vietnam’s state audit office has ordered the country's largest brewer, Sabeco, to pay VND408 billion (US$18.68 million) in luxury tax it allegedly owes from
...More info on site
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Brazil: Ambev announces acquisition of craft brewer Colorado
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Ambev SA, Brazil's largest drinks company, said on July 7 it had bought craft brewer Colorado for an undisclosed sum, continuing its new strategy of buying premium brands amid stagnant sales volumes in South America's biggest beer market.
Ambev, the Brazilian unit of Anheuser-Busch InBev SA, snatched up Brazilian craft brewer Wäls in February, folding it into its higher-end Bohemia division. In May, Ambev bought Colombia's largest craft brewer, the Bogotá Beer Company.
Shares of Ambev retreated 0.2 percent to 19.10 reais on July 7. The stock is up 23 percent this year.
Colorado is based in the interior of Brazil's Sao Paulo state and exports its beers, often flavored with coffee, honey or nuts, to France and the United States. The brewer, which was founded in 1996 by businessman Marcelo Carneiro, had revenue of about 19 million reais ($5.96 million) last year, according to analysts.
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Venezuela: Beer supplies may dry up by August because of labour dispute at Polar Industries
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Polar Industries, one of the biggest breweries in Venezuela, has recently been facing problems due to shortages of grain and other raw materials essential to keep its production flowing. As if that wasn’t enough to deal with, the company is also now saddled with a serious labor dispute, which has slowed down bottling and distribution of the country’s most popular beers, El Pais reported on July 6.
Since July 1, a small pro-government union, Sintraterricentro, has been calling work stoppages at Polar bottling plants in Caracas and Barcelona – a city in Anzoátegui state on Venezuela’s eastern coast – as well as at distribution points across the country after company officials refused to negotiate with its members.
Polar beer is considered a staple for many Venezuelans – it is the most common brand found at bars and in restaurants throughout the country. But there is growing concern that their favorite beverage could disappear altogether in the coming months if the dispute isn’t resolved.
Venezuela’s state-run television stations have been providing union leaders with full coverage of the labor conflict, which was initiated by Sintraterricentro. Some labor officials have made no attempt to hide their ties to the ruling United Socialist Party of Venezuela
...More info on site
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New Zealand: Demand moves away from mainstream to craft beer
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Marlborough could be at the heart of a boom in New Zealand’s craft beer industry as a generational shift in drinking habits sees demand moving away from mainstream beer, Staff.co.nz reported on July 6.
Both award-winning craft brewery Renaissance Brewing and one of the country's largest craft brewing brands Moa Brewing Company are based in Marlborough.
According to Natasha D'Costa, researcher for multinational consultancy firm Frost & Sullivan, the New Zealand craft beer market could perform in much the same way as Marlborough sauvignon blanc did for exports in the 1990s.
According to D'Costa's report, compiled for New Zealand Trade and Enterprise, the global consumption of beer was changing. While there was a drop in beer drinking in North America, Europe, Australia and New Zealand, there was an increased demand for craft beer.
The research forecast craft beer exports could increase by up to 300 per cent in the next decade, while New Zealand consumption was expected to increase 80 per cent by 2019. Craft beer was the fastest growing segment of the New Zealand brewing industry at 25 per cent annually, D'Costa said.
Moa Brewing Company founder Josh Scott said he had seen the increase and the company was working hard on its distribution.
...More info on site
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India: Premium mild beer segment growing fast even though Indians have always preferred strong beer
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Indian consumers are known to look for the biggest bang for their buck, and when it comes to beer it's no different — some 85% of the country's drinkers liked their lager strong in 2014 (alcohol content between 5% and 8% as against under 5% in mild beers), according to a study by the All India Brewers Association.
Yet, when it comes to beer versus liquor, Indians still seem to prefer the latter, with Indian-made foreign liquor (IMFL) and hooch consumption estimated to be two times that of beer in volumes. In contrast, in developed markets like the US and the UK and even in emerging ones like Brazil and China, beer accounts for almost three-fourths of all sales.
That, though, may be good news for brewers of premium mild beers in India, who although operating in what's still a very niche market can only expect rapid growth from hereon.
Premium mild beer (typically priced at between Rs 70 and Rs 150 for 330 ml bottles) accounts for 15% of the 320 million cases of beer sold annually in India, points out Shobhan Roy, director general, All India Brewers Association. "However, the growth in the premium segment is pegged at 20-25% with
...More info on site
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Australia: Coopers says secondary fermentation makes its iconic beer so popular
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According to Glenn Cooper, Coopers Brewing chairman and great, great, great grandson of founder Thomas Cooper, it’s the secondary fermentation they use that makes the company’s iconic brew so popular, Food Magazine reported on July 8.
“We are one of the few brewing companies in the world that use secondary fermentation – there are a few brewers in Belgium that use it but in Australia, we are certainly the only traditional beer brewer that use this secondary fermentation process.”
“It’s one of the many things that makes Coopers beer so great.”
As Australia’s largest and only family-owned brewery - starting way back in 1862 - the South Australian-based company sold almost 70 million litres of beer in the 2013 financial year.
Launching its limited edition 2015 Extra Strong Vintage Ale, Coopers is also finding that despite Australia’s crowded beer market, its Pale Ale and Sparkling Ales are as popular as ever - thanks to both the evolving palette of Australian beer drinkers and its own research and development.
“The philosophy behind the 2015 Extra Strong Ale, as with previous vintages, was to ensure it was brewed with rich and intense flavours,” Coopers’ Managing Director and Chief Brewer Dr. Tim Cooper said.
“Five hop varieties have been
...More info on site
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South Korea: Diageo Korea shifts focus to lower-alcohol drinks as demand for stronger brands declines
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Diageo Korea has shifted its focus to lower-alcohol drinks to meet growing consumer demand for mild liquor since CEO Cho Kil-soo took the helm two years ago, The Korea Times reported on July 5.
Sales of Windsor, Johnnie Walker and other hard-liquor brands have been declining as Koreans increasingly prefer low-alcohol drinks amid the well-being trend. The continued economic downturn and the growing number of price-sensitive female drinkers have also made it more difficult for Diageo and other whisky makers to sell relatively high-priced premium liquor.
To cope with rapidly changing consumer tastes, Diageo has diversified its product lineup, introducing a wide range of lower-alcohol spirit drinks and more actively promoting its premium beer brand, Guinness.
Over the past four months, the Korean unit of the British premium whisky maker has written a success story with "W Ice by Windsor (W Ice)," a low-alcohol spirit that has an alcohol content of 35 percent, compared with the 40 percent of conventional Scotch whisky. According to Diageo, the new beverage retains the unique flavor and taste of conventional Scotch whisky. W Ice is blended with Scotch whisky (99.85 percent) and other ingredients, including pine, dates and dried fig essence.
The product was available only to those
...More info on site
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New Zealand: New Zealand’s craft brewers now brewing overseas to reduce shipping costs
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New Zealand's craft brewers are not letting the tyranny of distance stop them from delivering fresh beer to the world, Stuff.co.nz reported on July 7.
Wellington breweries Yeastie Boys, Panhead and ParrotDog have all started brewing overseas as a way to reduce shipping costs, overcome capacity constraints and deliver fresh beer to international customers.
Kapiti Coast brewer Tuatara has already revealed plans to brew in two other countries before the end of the year, which were being kept secret.
New Zealand Trade and Enterprise research found craft beer exports could increase by up to 300 per cent in the next decade, while New Zealand consumption was expected to increase 80 per cent by 2019.
Many breweries are already stretched to capacity and brewery expansions require significant investment, which has led some to look overseas.
Yeastie Boys "headboy" Stu McKinlay said he moved to Britain in April to oversee brewing of the company's biggest selling beers, Pot Kettle Black and Gunnamatta, at the brewery of Scottish craft beer producer BrewDog in Aberdeen.
The first brew was 10,000 litres - four times the batch size it could produce in New Zealand - and would be ready to distribute in both kegs and bottles throughout Britain in late June,
...More info on site
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Barley News
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France: First report on malting barley crop quality very positive
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French malting barley prices have increased significantly over the last week, even though the first reports coming from the fields indicate a large crop
...More info on site
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 Hops News
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USA: Hop acreage increases to record-high levels
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As craft breweries expand in Idaho and across the U.S., the hop-growing regions of Idaho, Oregon and Washington are expanding, too — to record-high levels of acreage, Idaho Press-Tribune reported on July 7.
Demand is up for hops, which are used in the beer-making process for bittering and adding flavours and aroma.
“It’s craft beer-driven,” said Diane Gooding, vice president of operations at Gooding Farms, a six-generation hop farm in Wilder. “U.S. craft beer has just totally revolutionized the hop industry in terms of the diversity of varieties, and the demand has greatly increased.”
In response to that demand, Idaho and Washington are expected to have record-high levels of hop acreage this year. Idaho hop farmers added about 1,000 acres of hops in 2015, bringing the total acreage of hops strung for harvest to nearly 5,000, according to a June report from the U.S. Department of Agriculture.
Idaho is the third-largest hop-growing state and produces about 11 percent of the hops grown in the United States. Washington grows the most at more than 40,000 acres, and Oregon is second with nearly 7,000 acres, according to the USDA.
The hops grown in Idaho supply local craft breweries and major producers, such as Anheuser-Busch. The 1,700-acre Elk
...More info on site
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