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Flash Summary
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E-Malt.com Flash 01a
January 01 - January 03, 2017
Quote of the Week
You must do the things you think you cannot do.
Eleanor Roosevelt
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Currency Rates
Base Currency: Euro
on January 05, 2018 |
Base Currency: US Dollar
on January 05, 2018 |
| |
1 EUR = 1.2065 USD
1 EUR = 0.8910 GBP
1 EUR = 1.5114 CAD
1 EUR = 1.5398 AUD
1 EUR = 135.9200 JPY
1 EUR = 3.9060 BRL
1 EUR = 68.8668 RUB
1 EUR = 7.8380 CNY
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1 USD = 0.8300 EUR
1 USD = 0.7387 GBP
1 USD = 1.2520 CAD
1 USD = 1.2744 AUD
1 USD = 112.6900 JPY
1 USD = 3.2331 BRL
1 USD = 57.6002 RUB
1 USD = 6.4966 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 05, 2018 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
187.50-189.50 |  |
| 6RW Malting Barley (FOB Creil) |
154.00-156.00 |  0.65% |
| 2RS Malt (FOB Antwerp) |
386.50-388.50 | 0.15% |
| 6RW Malt (FOB Antwerp) |
345.50-347.50 | 0.52% |
| Feed Barley (FOB Creil) |
145.00-147.00 | |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 |  0.53% |
| 6RW Malting Barley (FOB Creil) |
154.00-156.00 | |
| 2RS Malt (FOB Antwerp) |
381.00-383.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
342.50-344.50 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
191.50-193.50 | 0.56% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,284.00-1,286.00 | |
| Malting Barley (West) |
1,284.00-1,286.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,214.00-1,216.00 | |
| Malting Barley (West) |
1,214.00-1,216.00 | |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
330.00-332.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
329.00-331.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
219.00-221.00 |
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| Feed Barley, basis Winnipeg |
219.00-221.00 |
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| Feed Barley, bulk in store, Vancouver |
282.00-284.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
170.00-172.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
218.00-220.00 |
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| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
109.00-111.00 |
|
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: 2016 was the year of the largest take-over in the brewing industry’s history
...Click here
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EU: Beer market expected to grow at a steady rate in 2016-2020
...Click here
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China: Craft beer likely to continue gaining market share and enjoying remarkable performance in China - report
...Click here
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Brazil: Number of microbreweries up around 16% in 2016
...Click here
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India: Leading brewers to limit new product launches this year
...Click here
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USA: Brewers push for new Great Plains barley cultivars
...Click here
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Nigeria: Nigeria's sorghum industry at the brink of collapse as brewers increasingly prefer imported barley
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Italy Malt Production and Import 2010 - 2016
Barley Prices
Theoretical Malt Prices
Scientific Digest
PICK YOUR HOPS BEFORE THE ONION TAKES OVER!
ABSTRACT
Sulfur components in hops have many different faces.
Though we love them for bringing us flavors such as
rhubarb, passion fruit, grapefruit and black currant
flavours, they also surprise us with nasty flavours such
as onion-like, garlic-like or just cheesy. By name, these
are known as S-methyl-thioisobutyrate, S-methyl-thio-2-methylbutyrate, S-methyl-thioisovalerate, S-methylthio-4-methylpentanoate, and S-methyl-thiohexanoate.
One parameter that significantly influences the
formation of these compounds is the harvest time of
the hops. This article shows how the concentration of
the onion/garlic compounds increases during harvest
time for varieties as Cascade, Mandarina Bavaria,
Polaris, Hallertau Blanc and Hüll Melon. Although many
studies have shown that a later harvest brings a more
overall flavourful aroma profile for some varieties, e.g.
Hallertau Mittelfrueh (and I put here my hypothesis
that this includes many varieties that express intense
fruitiness such as Citra, Mosaic, Cascade, etc.), the
harvest date should be chosen carefully.
REFERENCES:
Kammhuber, K.: Influence of the Date of Harvest on the Sulphur Compounds of the Special
Flavour Hop Varieties Cascade, Mandarina Bavaria, Hallertau Blanc, Huell Melon and Polaris.
http://www.brewingscience.de/index.php?tpl=table_of_contents&year=2017&edition=0009%2F0010&article=90346
Source: Barth Innovations
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These Days in Business History
01 January
1785 - "Daily Universal Register" (Times of London) publishes 1st issue
1842 - 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 - 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1994 - The North American Free Trade Agreement comes into effect
1995 - The World Trade Organization goes into effect
2015 - The Eurasian Economic Union comes into effect, creating a political and economic union between Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan
02 January
1882 - Because of anti-monopoly laws, Standard Oil is organized as a trust
1905 - Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey
1980 - With inflation raging, gold hits a record price of $850 per ounce
1986 - 191.66 million shares traded in New York Stock Exchange
2013 - Barack Obama signs the American Taxpayer Relief Act of 2012, intended to prevent the "fiscal cliff"
03 January
1911 - US postal savings bank inaugurated
1977 - Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1980 - Gold hits record $634 an ounce
2015 - 1st electric watch introduced, Lancaster PA
04 January
1960 - European Free Trade Association forms in Stockholm
1962 - 1st automated (unmanned) subway train (New York City NY)
2001 - Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever
05 January
1769 - Jean Baptiste Say, French economist is born
1828 - 1st edition of Amsterdam General Trade Journal (Algemeen Handelsblad)
1850 - California Exchange opens
06 January
1978 - 1st postage stamp copyrighted by US (Carl Sandburg stamp)
1994 - Dow-Jones hits record 3803.88
07 January
1714 - Typewriter patented by Englishman Henry Mill (built years later)
1782 - 1st US commercial bank, Bank of North America, opens in Philadelphia
1995 - Murray Newton Rothbard economist, dies of cardiac arrest at 69
Agenda
January 2018:
26-28: Finest Spirits 2018 (Munich, Germany)
February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)
March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
22-24: Beer 2018 (Sochi, Russia)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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World: 2016 was the year of the largest take-over in the brewing industry’s history
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2016 was the year of the largest take-over in the brewing industry’s history. AB InBev acquired SABMiller and increased its world market share to
...More info on site
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EU: Beer market expected to grow at a steady rate in 2016-2020
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The beer market in Europe is anticipated to grow at a steady rate and will post a CAGR of more than 1% in 2016-2020,
...More info on site
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China: Craft beer likely to continue gaining market share and enjoying remarkable performance in China - report
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Riding on a trend towards premiumisation, craft beer, though still a very small market in China, is likely to continue gaining considerable share and should enjoy remarkable performance.
That is according to a new report by Rabobank into China’s craft beer market at a time when the traditional beer market has matured considerably and is now much more developed than in countries in Southeast Asia.
With annual consumption above the global average at 36 litres per capita, the beer market has witnessed a significant increase in both value and profitability, though much depends on regional differences. The well-developed eastern provinces consume much more beer than the emerging west, though it has reached a ceiling with stagnant volume growth.
Today, beer production in Beijing is lower than it was in 2006, whereas in Qinghai it is still growing and has risen by 180% over the last ten years, the Dutch agricultural bank found.
Following a global trend towards premiumisation, mainstream beer in China has gone through a difficult time over the past five years, while super-premium beer volumes have grown by 160% and now account for 4% of the volume and 18% of the profit pool.
As one of the segments in the super-premium category,
...More info on site
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Brazil: Number of microbreweries up around 16% in 2016
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Despite deep political and economic crisis in Brazil, the number of country’s microbreweries increased by around 16% in 2016, Diario da Regiao reported on
...More info on site
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India: Leading brewers to limit new product launches this year
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Product launches by India’s leading breweries will happen at a slower pace this year, tamped down by subdued discretionary spending and naturally longer lead-times in creating new products, Livemint reported on January 3.
Firms such as United Breweries Ltd (UB), Amrut Distilleries Ltd and Allied Blenders & Distillers Pvt. Ltd (ABD) have all lined up launches of some new brews and blends for 2017, a year when growth in the sector is expected to remain slow.
Beer maker UB launched a new alcoholic beverage, Kingfisher Buzz, early last year in berry and lychee flavours and plans to add variants this year. UB, which currently sells Buzz in cities such as Mumbai, Pune, Goa, Delhi, Bengaluru and Mysuru, also plans to take it to states such as Haryana and West Bengal.
“We’re looking at launching new flavours in Buzz and new (beer) brands over the year,” said Samar Singh Sheikhawat, the company’s senior vice-president, marketing.
Family-run Amrut Distilleries Ltd, known for its single-malt whiskies, plans to introduce two premium rums. The company already sells a pale rum called Two Indies and is planning to launch a dark rum this year under the same brand name, most likely in April.
“We have been distilling a rum from
...More info on site
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Barley News
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USA: Brewers push for new Great Plains barley cultivars
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The craft beer boom continues its popularity push. According to 2015 data, even though overall beer sales declined slightly (-0.2%), craft beer saw 12.8% gains and now accounts for more than 12% of all U.S. beer sales, AgWeb reported on January 3.
Malting barley is a critical component of any craft beer, but this grain crop hasn’t seen the same robust growth in recent years. The American Malting Barley Association reports that acres have been down or flat for the entire 21st century, hovering at less than 4 million total acres.
“Barley is facing stiff competition from corn, soybeans, canola, wheat, and other crops that are receiving substantial private sector investment, including GM variety development, and that have more favorable federal farm program provisions,” according to the group’s annual report.
But AMBA and other groups have pumped hundreds of thousands of dollars toward barley improvement research and successfully lobbied Congress and USDA for millions more in funding. One of the more recent research stories comes by way of the Brewers Association, which has awarded four regional barley breeders and geneticists with a grant aimed at developing winter malting barley varieties specifically adapted to the Great Plains region.
This effort could develop a new region
...More info on site
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Nigeria: Nigeria's sorghum industry at the brink of collapse as brewers increasingly prefer imported barley
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This doesn’t appear to be the best of time for stakeholders in Nigeria’s sorghum industry, as lack of stability in government policy has pushed the sub-sector to the brink of collapse. Also, unjust import tariff system has not helped the situation, the Guardian reported on January 1.
The development has left local investors at the mercy of importers who bring in cheap barley malt, malt extract, glucose and maltose syrups to the detriment of locally made sorghum-based malt and extracts.
Managing Director, Food, Agro and Allied Industries Limited, Mr. Sudhansu Sinha, in an interview with reporters said the current waivers given to barley malt and barley concentrates imported into the country from Europe mean that thousands of workers in the farming, processing and storage segments of the sorghum value-chain could lose their jobs.
He explained that, “The decision by previous administrations, reversing ban on importation of barley malt with very low import duty and exemption from VAT and levy, has brought about a catastrophic reversal to the fate of investors and producers of sorghum malting and sorghum-based extract in Nigeria.”
According to Sinha, foreign exchange is wasted for a product for which locally grown replacement is abundantly available. “The malting plants closed down one
...More info on site
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