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Flash Summary
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E-Malt.com Flash 36b
September 08 - September 11, 2016
Quote of the Week
If you listen to your fears, you will die never knowing what a great person you might have been.
Robert H. Schuller
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Currency Rates
Base Currency: Euro
on September 09, 2016 |
Base Currency: US Dollar
on September 09, 2016 |
| |
1 EUR = 1.1296 USD
1 EUR = 0.8456 GBP
1 EUR = 1.4546 CAD
1 EUR = 1.4632 AUD
1 EUR = 114.8000 JPY
1 EUR = 3.5982 BRL
1 EUR = 72.0464 RUB
1 EUR = 7.5255 CNY
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1 USD = 0.8879 EUR
1 USD = 0.7499 GBP
1 USD = 1.2885 CAD
1 USD = 1.3013 AUD
1 USD = 101.8300 JPY
1 USD = 3.1927 BRL
1 USD = 63.9730 RUB
1 USD = 6.6627 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 09, 2016 |
| Type |
Crop 2016 |
| EUR |
% |
| 2rs Barley |
186.50-188.50 |  |
| 6rw Barley |
171.00-173.00 |  0.58% |
| 2rs Malt |
383.00-385.00 | |
| 6rw Malt |
364.00-366.00 | 0.34% |
| Feed Barley |
133.00-135.00 | 0.74% |
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.
Belgium: AB InBev reportedly buys craft brewer Bosteels
...Click here
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World: Heineken makes developing in-house craft beer brands a priority
...Click here
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Australia: Carlton & United Breweries will likely approach craft beer differently under the ownership of AB InBev
...Click here
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Australia: Australia may be facing record barley crop this year
...Click here
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USA: Malting barley landscape changing across the US
...Click here
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Jamaica: Prime Minister welcomes Red Stripe resuming exports of locally brewed beer to the US
...Click here
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India: AB InBev names head of its Business Unit India
...Click here
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Graph of the week
Table of the week
Brewing Industry in Belgium 1900-2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOPS DO NOT NECESSARILY
NEED TO TOUCH BEER FOR
DRY HOPPING PURPOSES
ABSTRACT
A German research team that came up with the idea of
extracting hop aroma into beer by applying a combined
desorption/absorption process. The process-dependent
mass transfer was predicted using two different
approaches: a thermodynamic approach, and response
surface modelling. The methods offer the following
advantages: no beer losses, no clarification steps
needed, potential reuse of hops for bittering. Using
response surface methodology was clearly superior
as compared to calculating the mass transfer using
thermodynamic approximations.
Klie, R.: Feasibility and Optimization of a Novel Desorption/ Absorption Process for
Transferring Hop Volatiles into Beer, poster presentation at the Trends in Brewing Conference,
April 2016, Ghent.
Read more
Source: Barth Innovations
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These Days in Business History
08 September
1923 - Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 - Real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million-a $341 million loss in less than a year-and-a-half, "probably the most disastrous real-estate deal known to man"
09 September
1776 - Continental Congress renames "United Colonies" as "United States"
1839 - John Herschel takes the first glass plate photograph
1940 - George Stibitz pioneers the first remote operation of a computer
1947 - First case of a computer bug being found: A moth lodges in a relay of a Harvard Mark II computer at Harvard University
10 September
1845 - King Willem II opens Amsterdam Stock Exchange
1846 - Elias Howe is granted a patent for the sewing machine
1894 - London taxi driver George Smith is 1st fined for drunk driving
1997 - Discovery buys Travel Channel for $20 million
2008 - The Large Hadron Collider at CERN, described as the biggest scientific experiment in history, is powered up in Geneva, Switzerland
11 September
1910 - 1st commercially successful electric bus line opens (Hollywood)
1946 - 1st mobile long-distance car-to-car telephone conversation
2001 - Terrorist attacks on America at the World Trade Center Towers in New York City and The Pentagon in Washington kill nearly 3000 people
Agenda
September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
08-10: Brouwplus 2016 (Antwerp, Belgium)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
More events are available on site e-malt.com
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Brewery News
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Belgium: AB InBev reportedly buys craft brewer Bosteels
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Anheuser-Busch InBev reportedly has agreed to buy Belgian brewer Bosteels, maker of Tripel Karmeliet, Kwak and other specialty beers.
AB InBev, also based in Belgium,
...More info on site
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World: Heineken makes developing in-house craft beer brands a priority
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Heineken has made developing in-house craft beer brands a priority over acquiring smaller players.
Speaking at the Barclays Global Consumer Staples Conference earlier this week, Heineken's management said the company is looking to play a larger role in the craft segment. In a note following the conference, Barclays analyst Simon Hales said the brewer "highlighted the internal development of craft line extensions on existing brands, rather than necessarily via acquisitions of "expensive" craft beer businesses".
In March, the company unveiled H41 - a lager under the Heineken brand with a focus on yeast. At the time of the launch, Heineken said the yeast, from Patagonia, gives the 5.3% abv H41 a "full-bodied" spicy flavour while retaining Heineken lager's fruit notes.
The launch came six months after the group bought a 50% stake in Californian craft brewer Lagunitas Brewing Co.
According to Barclays, Heineken is the number one or two beer player in 79 of the 89 markets where it has significant operations.
Heineken told analysts the company also sees opportunities in cider and the low/no alcohol category. Last month, the company launched a 3.3% abv beer in Australia.
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Australia: Carlton & United Breweries will likely approach craft beer differently under the ownership of AB InBev
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Carlton & United Breweries will likely approach craft beer differently under the ownership of Anheuser-Busch InBev, if the brewing giant’s overseas track record is anything to go by, Australian Brews News reported on September 9.
AB InBev takes control of CUB on October 10. CUB marketing director Richard Oppy told Australian Brews News the companies are at arm’s length in the meantime.
“We’ve been very strict with correspondence with Anheuser-Busch InBev. They’re definitely a competitor of ours right up until change of control. We can’t share any confidential information,” he said.
Oppy said discussion of future strategies and new product development is certainly off limits, so he does not yet have any direct sense of how AB InBev plans to approach craft beer in this market.
“In terms of the craft range and whether that will change or not – from what I’ve read and understand of ABI, they’ve been very active in this space in the US, in particular,” he said.
“I think there’s a lot of learnings that they’ll bring to the Australian marketplace. Without having spoken to them directly about it… I think they’ll be more active in this space.”
Since March 2011, AB InBev has acquired eight craft breweries in the US.
...More info on site
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Jamaica: Prime Minister welcomes Red Stripe resuming exports of locally brewed beer to the US
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Jamaica’s Prime Minister Andrew Holness was on hand on September 7 to see Red Stripe sending off its first shipment of locally brewed beer to the United States from Jamaica in four years, Caribbean News Now reported.
At a ceremony at Red Stripe’s Spanish Town Road location, Holness hailed the move by the iconic Jamaican brand to re-establish Jamaica as its global production hub.
He said this is a reflection of the company’s commitment to protect the authenticity of the brand by having it produced locally as well as of the confidence in the country’s improving macroeconomic environment.
Describing the repatriation move as a good business decision, the prime minister said the government appreciates the company’s improvements in efficiencies through the upgrade of its plant as well as increases in its workforce.
“That is a big thing and the government of Jamaica expresses its gratitude for that investment decision. It is that decision that has made it possible for your output to increase, employment to increase and, indeed, the growth of the company, which will translate into the growth of the Jamaican economy,” he said.
With the reinstatement of exports to the United States, Red Stripe has hired an additional 50 employees and will take
...More info on site
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Canada: Brick Brewing almost triples Q2 profits
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Canada’s Brick Brewing almost tripled its second quarter profits as net sales increased 27 per cent, Waterloo Record reported on September 9.
The Kitchener, Ontario-based brewer said it earned net income of C$1.6 million in the three months ended July 31, up from C$580,000 in the second quarter a year ago.
Net sales increased to C$14 million from C$11 million.
The company said volume of its Laker brand increased 14 per cent compared to the second quarter a year ago, while volume of its Waterloo brand increased 20 per cent.
Laker accounted for 69 per cent of Brick's branded volumes in the second quarter, while Waterloo accounted for 11.2 per cent.
Brick said the launch of LandShark beer in The Beer Store has been "an unprecedented success" and as a result late in the second quarter it expanded distribution to LCBO and grocery stores.
Brick also produces beer under the Red Baron, Red Cap and Formosa brands, Seagram and Margaritaville coolers, President's Choice beer under a packaging agreement with Loblaws, and Mott's Ceasar under a contract with Canada Dry Mott's.
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India: AB InBev names head of its Business Unit India
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Anheuser-Busch InBev (AB InBev) on September 9 announced appointment of Pedro Aidar as the President of Business Unit India, which includes India and other South Asian countries after its merger with SABMiller, the Business Standard reported.
"Anheuser-Busch InBev SA/NV today announced appointment of Pedro Aidar as the Business Unit President for BU India, consisting of India and other South Asian countries, following completion of the recommended business combination with SABMiller," the company said in a statement.
"This announcement follows the recent global announcement on August 4 of the intended organisational structure, leadership team and other key appointments for the combined group."
The new Business Unit India will be headquartered in Bengaluru and Aidar will be reporting to Jan Craps, Zone President for Asia Pacific South, based out of Melbourne.
Aidar has been with AB InBev for over 15 years. Previously, he held the position of Vice-President Finance for APAC region based out of Shanghai, after which he moved to India last year as he was appointed President for the Business Unit India South-East Asia.
In February this year, AB InBev received fair trade regulator CCI's approval to acquire its close rival SABMiller for about 71 billion pounds.
In India, AB InBev
...More info on site
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Barley News
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Australia: Australia may be facing record barley crop this year
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Australia may be facing a record in barley, as well as wheat - depending how significantly rain has helped, rather than hindered, the crop
...More info on site
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USA: Malting barley landscape changing across the US
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The malting barley landscape is changing across the U.S., according to Rich Horsley, North Dakota State University barley breeder, Farm and Ranch Guide reported on September 9.
If visitors crossed North Dakota a few years ago, they would see mostly six-rowed malting barley growing lush in the eastern half of North Dakota, while the two-row varieties were grown mostly in the far western regions. Even in western regions, producers grew six-rowed barley.
“Why have we predominately grown six-row barley in North Dakota? Because it has three times the number of kernels as two-row barley, higher yield potential, better leaf resistance and much stronger straw,” Horsley told producers at Dickinson (held at a Belfield farm that grows malting barley) and Williston field days.
Another major reason for growing six-row barley is it was the variety contracted by the larger beer companies.
“The other reason for growing six-row is it made the kind of beer you were drinking. Most of your favorite beers were made from six-row barley,” Horsley said.
And producers are aware that growing malting barley without a contract doesn’t work.
Almost 90 percent of the barley grown in the state is contracted – there is very little open market.
“It is pretty risky if you do
...More info on site
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