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Flash Summary
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E-Malt.com Flash 35b
August 27 - August 30, 2015
Quote of the Week
A glass of bitter or pale ale, taken with the principal meal of the day, does more good and less harm than any medicine the physician can prescribe.
Dr. S. Carpenter, England, 1750
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Currency Rates
Base Currency: Euro
on August 28, 2015 |
Base Currency: US Dollar
on August 28, 2015 |
| |
1 EUR = 1.1284 USD
1 EUR = 0.7312 GBP
1 EUR = 1.4924 CAD
1 EUR = 1.5790 AUD
1 EUR = 135.6200 JPY
1 EUR = 4.0435 BRL
1 EUR = 76.3369 RUB
1 EUR = 7.2281 CNY
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1 USD = 0.8853 EUR
1 USD = 0.6469 GBP
1 USD = 1.3249 CAD
1 USD = 1.4004 AUD
1 USD = 120.3800 JPY
1 USD = 3.5765 BRL
1 USD = 67.0541 RUB
1 USD = 6.3964 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 28, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
187.00-189.00 |  1.05% |
| 6rw Barley |
163.00-165.00 | 0.61% |
| 2rs Malt |
379.50-381.50 | 0.64% |
| 6rw Malt |
350.00-352.00 | 0.35% |
| Feed Barley |
156.00-158.00 | 1.26% |
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.
Myanmar: Thanks to new partnership with Kirin Myanmar Brewery Limited could achieve annual double-digit growth over the next five years
...Click here
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UK: Q2 off-trade beer sales 6% lower than last year
...Click here
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Ireland: Craft brewing sector reports very positive results
...Click here
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Canada & USA: Weather favoured barley crop in the US but reduced Canada’s output
...Click here
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Australia: Barley crop may reach 9 mln tons this year
...Click here
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EU: Austrian, Bavarian and Polish maltings to cover barley supplies cheaper in Central Europe this year
...Click here
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China: Diageo Plc needs to convince the Chinese to pour Scotch with dinner instead of local baijiu to achieve sales goals in the country
...Click here
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Brazil: Ambev reduces production at brewery in Rio Grande do Norte
...Click here
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World: Carlsberg plans more job cuts across the globe - source
...Click here
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Venezuela: Polar beer shortage makes government increase support for craft beer
...Click here
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India: Young and affluent beer drinkers turn to newer and more exotic brews
...Click here
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Graph of the week
Table of the week
Brewing Industry in Belgium
Barley Prices
Theoretical Malt Prices
These Days in Business History
27 August
1910 - Mother Teresa was born (Agnes Gonxha Bojaxhiu), Yugoslavia, Nobel 1979
1950 - 1st transmission of a TV program from continental Europe shown on BBC
1965 - Le Corbusier, (Charles Jeanneret), Swiss/French architect, dies at 77
28 August
1565 - Oldest city in the US, St Augustine Fla, established
1828 - Lev Tolstoi was born, Russian writer (War & Peace, Anna Karenina) [OS]
1963 - Martin Luther King Jr's "I have a dream" speech held at Lincoln Memorial
29 August
1831 - Michael Faraday demonstrates 1st electric transformer
1854 - Self-governing windmill patented (Daniel Halladay)
1885 - Gottlieb Daimler registers his "Reitwagen" ("riding carriage") as German patent DRP No. 36423
1922 - The first radio advertisement is broadcast on WEAF-AM in New York City
30 August
1895 - Belgium begins compulsory Roman Catholic education
1979 - 1st recorded occurrance-comet hits sun (energy=1 mil hydrogen bombs)
1993 - 150,000,000 millionth visitor to Eiffel Tower
Agenda
August 2015:
07-09: 19th International Berlin Beer Festival (Berlin, Germany)
11-15: The Great British Beer Festival 2015 (London, UK)
14-15: Beervana 2015 (Wellington, New Zealand)
19-23: Belgrade Beer Fest 2015 (Belgrade, Serbia)
September 2015:
06: Craft Bier Festival 2015 (Rapperswil, Switzerland)
06-08: Belgian Brewing Conference 2015 (Leuven, Belgium)
19 September-14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
24-26: Great American Beer Festival 2015 (Denver, USA)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
More events are available on site e-malt.com
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Brewery News
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Myanmar: Thanks to new partnership with Kirin Myanmar Brewery Limited could achieve annual double-digit growth over the next five years
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Myanmar Brewery Limited could achieve annual double-digit growth over the next five years as a new partnership with Kirin has begun, Myanmar Times reported
...More info on site
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UK: Q2 off-trade beer sales 6% lower than last year
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Great Britain’s off-trade beer sales were 6% lower in the second quarter of this year than the same period in 2014, The Grocer reported
...More info on site
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Ireland: Craft brewing sector reports very positive results
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The number of microbreweries operating in the Republic of Ireland has more than trebled since 2012 to 63, underscoring the public’s newfound love for
...More info on site
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Brazil: Ambev reduces production at brewery in Rio Grande do Norte
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Companhia de Bebidas das Américas (Ambev), Brazil’s largest beer maker and the only brewery with a production facility in Rio Grande do Norte, has
...More info on site
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World: Carlsberg plans more job cuts across the globe - source
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Carlsberg A/S, the world’s fourth-biggest brewer, plans more job cuts across the globe as it struggles to control costs amid tough conditions in markets like Russia and Europe, Bloomberg reported on August 26 citing a person familiar with the matter.
The reductions will number in the hundreds and affect operations in Russia, Western Europe and Asia, said the person, who asked not to be identified as the details and timing of the move have not been finalized. The company has already eliminated about 180 office jobs in its Copenhagen headquarters and in regional outposts to “build a more agile organization,” it said in May.
The maker of Kronenbourg, led by new chief Cees ’t Hart, cut its annual profit forecast last week as it grapples with slumping sales in Russia and slower-than-expected cost savings in Western Europe. Carlsberg plans to makes “all the changes necessary” to cope with the tougher environment, Chief Financial Officer Joern P. Jensen told investors last week.
“Carlsberg has committed to reducing its cost base,” spokesman Jim Daniell said by e-mail. “The program is underway at the company’s central office and in countries, but please understand that we will always speak to employees in the first instance if there
...More info on site
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Venezuela: Polar beer shortage makes government increase support for craft beer
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Venezuela's corporate elite sure know how to hit voters where it hurts, and the hits are now coming in a predictable cycle. Ahead of the 2013 presidential vote, businesses stopped producing sugar. Before the 2013 municipal elections, food manufacturer Polar's iconic pre/baked cornflour mysteriously disappeared from supermarket shelves. Now, Polar's beer has run dry just three months out from the December National Assembly elections, teleSUR reported on August 26.
As usual, Polar is blaming the shortages on the national government: import woes and difficulties obtaining foreign currency. Along with the fact that Polar is one of the largest private recipients of government distributed dollars at preferential rates, the company's own workers say the main cause of the shortage isn’t a lack of production supplies, but political interests. This isn't the first time such allegations have been made. In December 2014, union representatives in the states of Sucre and Anzoategui alleged the company was trying to gag workers who had accused the company of trying to create artificial food shortages. The workers said the company had almost halved production of pre-baked cornflour, amid shortages of the product in some parts of the country.
The purpose behind these shortages is clear: Polar thinks if
...More info on site
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India: Young and affluent beer drinkers turn to newer and more exotic brews
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Before, drinkers in India typically only had a handful of options for a cold pint - Kingfisher and Haywards.
But young and affluent beer drinkers in the country are turning to newer, more exotic brews and opening up a whole new marketplace, Channel NewsAsia reported on August 28.
Mumbai’s first brewpub was launched in 2013 and since then another 50 bars have opened serving locally brewed craft beer. It has industry leaders placing their bets on the growth potential of craft beer.
“People will always demand a better product,” said Shailendra Bist, co-founder of The Independence Brewing Company.
“Craft beers are made with the finest of ingredients. Almost all of them don’t use any chemicals. We don’t use any preservatives plus craft beers also give the consumer a serious variety,” he said.
“People are getting little bored drinking the same lager. If you go into the market, 99 per cent of all beers are the same.”
But while the craft beer industry is gaining popularity there are headwinds, such as rigid state liquor laws, licensing procedures and a lack of skilled labor. These challenges are not putting off the more ambitious brewers though.
"Country-wide, in 2015 we probably are selling close to about 7 million
...More info on site
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Barley News
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Canada & USA: Weather favoured barley crop in the US but reduced Canada’s output
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Weather in spring and early summer favoured barley crops in the Western U.S., particularly in North Dakota, while drought in Western Saskatchewan and Southern
...More info on site
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Australia: Barley crop may reach 9 mln tons this year
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Australian barley crop forecasts range from 8.3 to 9.0 mln tons, which is not surprising in view of beneficial crop conditions to-date, but there
...More info on site
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EU: Austrian, Bavarian and Polish maltings to cover barley supplies cheaper in Central Europe this year
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The quality of the new barley crop in the Czech Republic is reported as very good. Harvest pressure has led to some excessively low
...More info on site
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Whisky News
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China: Diageo Plc needs to convince the Chinese to pour Scotch with dinner instead of local baijiu to achieve sales goals in the country
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Diageo Plc wants China to contribute 5 percent of sales in the next 10 years, and to do so the beverage maker will need
...More info on site
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