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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
Important Industry job opportunities
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

Job.gif JOB ANNOUNCEMENT: Ganzberg Brewery Cambodia (June 2016)

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All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.

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E-Malt.com Flash 10a
March 06 - March 08, 2017

Quote of the Week

You can't turn back the clock. But you can wind it up again.
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Currency Rates

Base Currency: Euro
on March 08, 2017
Base Currency: US Dollar
on March 08, 2017
      1 EUR = 1.0576 USD
1 EUR = 0.8671 GBP
1 EUR = 1.4191 CAD
1 EUR = 1.3920 AUD
1 EUR = 120.6100 JPY
1 EUR = 3.2974 BRL
1 EUR = 61.7063 RUB
1 EUR = 7.2976 CNY
      1 USD = 0.9453 EUR
1 USD = 0.8184 GBP
1 USD = 1.3405 CAD
1 USD = 1.3160 AUD
1 USD = 113.9600 JPY
1 USD = 3.1291 BRL
1 USD = 58.2630 RUB
1 USD = 6.8999 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

March 08, 2017
French Barley/Malt
Crop 2016
2RS Malting Barley (FOB Creil) 185.50-187.50 up1.64%
6RW Malting Barley (FOB Creil) 162.00-164.00 down0.61%
2RS Malt (FOB Antwerp) 385.00-387.00 up0.97%
6RW Malt (FOB Antwerp) 356.50-358.50 down0.34%
Feed Barley (FOB Creil) 143.00-145.00down1.37%
French Barley/Malt
Crop 2017
2RS Malting Barley (FOB Creil) 181.50-183.50 -
6RW Malting Barley (FOB Creil) 157.00-159.00 down1.25%
2RS Malt (FOB Antwerp) 376.50-378.50 -
6RW Malt (FOB Antwerp) 346.50-348.50 down0.70%
Feed Barley (FOB Creil) nq 
German Malting Barley
Crop 2016
Ex Farm
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm
Malting Barley (East) 1,129.00-1,131.00 down0.88%
Malting Barley (West) 1,129.00-1,131.00 down0.88%
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
Malting Barley (East) 1,159.00-1,161.00 down0.85%
Malting Barley (West) 1,159.00-1,161.00 down0.85%
Canadian Barley/Malt
Crop 2016
2-Row Malting Barley, bulk, truck/railcar, Winnipeg 319.00-321.00 -
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 573.00-575.00 -
2-Row Malt, bulk in store, Vancouver 593.00-595.00 -
6-Row Malt, bulk, truck/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 162.00-164.00 down4.12%
Feed Barley, basis Winnipeg 162.00-164.00 down4.12%
Feed Barley, bulk in store, Vancouver 222.00-224.00 down7.08%
US Barley/Malt
Crop 2016
2-Row Malting Barley, bulk, railcar Great Falls, Montana 132.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
6-Row Malt, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 105.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Malt news World: Malt trade forecast to decline in 2016/17 ...Click here
Malt news Namibia: The Namibia Breweries Limited plans barley processing plant by 2022 ...Click here

Brewery news Brazil: AB InBev can relax over its lengthy list of outstanding tax disputes in Brasil for now ...Click here
Brewery news World: Molson Coors Brewing Company announces pricing of euro-denominated Senior Floating Rate Notes ...Click here
Brewery news Cambodia: Cambodia Brewery Limited expands and adds Heineken to its production line ...Click here
Brewery news Croatia: Kaltenberg building a new brewery in Croatia ...Click here
Brewery news UK & China: British beer exports to China up 500% in 2016 ...Click here

Barley news Australia: Australia’s bumper barley crop this year shows very good overall quality ...Click here

Hops news New Zealand: Hop market up 17% last year ...Click here

More Industry News

Brewery news Kenya: Beer consumption to rise by at least 10% in the next five years as more Kenyans will be embracing bottled beer ...Click here
Brewery news India: United Breweries Holding appeals against winding-up court order ...Click here
Barley news Australia: Barley Australia reviews preferred malting varieties list ...Click here
Barley news UK: New spring malting barley variety Opera may replace distilling industry favourite variety Concerto ...Click here
Brewery news The Netherlands: Heineken to launch its first alcohol-free beer ...Click here
Brewery news UK: Molson Coors to distribute Palm Belgian Craft Brewers beers, La Trappe Trappist Ales in the UK ...Click here
Brewery news China: Southern China’s Guangdong province consumes US$7.3 bln worth of alcoholic beverages last year ...Click here
Brewery news South Africa: Miller Genuine Draft to be sold now in South Africa exclusively by Heineken ...Click here

Graph of the week

Table of the week

Australia Barley Production, Consumption, and Export

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


In dry hopping it is all about extracting the flavours from the hop particles. German researchers closely examined particle size during dry hopping, as the process of pellet disintegration of very important. Fast swelling hop pellets with small particle size distribution are seen as ideal for dry hopping. Swelling velocity was found to be both temperature and variety independent. The researchers also found that the swelling volume is higher in low alpha varieties. As sedimentation of particles happens quickly, agitation is suggested for better extraction. They also found the lower particle size distribution of pellets is beneficial in this context compared to the properties of hop powder prior to pelletization. These insights should help to make dry hopping more efficient!

Schnaitter, Engstle, D: Disintegration of Hop Pellets during Dry Hopping
Read more

Source: Barth Innovations

These Days in Business History

06 March
1899 - "Asprin" patented by Felix Hoffmann
1926 - Alan Greenspan, future chairman of the Federal Reserve, is born in New York City
1959 - At a press conference in New York City, Texas Instruments executives demonstrate a new device invented by one of the company's top engineers, Jack S. Kilby - the "integrated circuit"

07 March
1876 - 1876 Alexander Graham Bell receives U.S. Patent for his "Improvement in Telegraphy"
1878 - The Toronto Stock Exchange is incorporated
1932 - Thousands of Ford Motor Co. workers stage a "Hunger March" to the immense River Rouge factory complex, protesting Henry Ford's decision to cut the company's minimum wage from $7 per day to $4 per day

08 March
1706 - Vienna's Wiener Stadtbank established
1927 - Pan American Airlines (World Airways) incorporates
1946 - 1st helicopter licensed for commercial use
1979 - Philips demonstrates the Compact Disc publicly for the first time


March 2017:
06-08: 104th Brewing and Engineering Conference (Munich, Germany)
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
08-11: Festival Brasileiro da Cerveja 2017 (Blumenau, Brazil)
16-19: BeerX 2017 (Sheffield, UK)
22-24: World Barley, Malt & Beer Conference 2017 (Vienna, Austria)
24-26: Barcelona Beer Festival 2017 (Barcelona, Spain)

April 2017:
07-08: Helsinki Beer Festival 2017 (Helsinki , Finland)
10-13: Craft Brewers Conference & BrewExpo America 2017 (Washington, D.C., USA)
12-14: Siberian Beer 2017 (Novosibirsk, Russia)
22-23: Zythos Beer Festival 2017 (Leuven, Belgium)

May 2017:
14-18: EBC 2017 (Ljubljana, Slovenia)
16-19: Beer 2017 (Sochi, Russia)
18-20: Copenhagen Beer Festival 2017 (Copenhagen, Denmark)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)

June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
11-13: Brewing Conference Bangkok 2017 (Bangkok, Thailand)
14-18: Mondial de la Biere 2017 (Montreal, Canada)

July 2017:
08: Beer Boot Camp 2017 (Johannesburg, South Africa)
15: Beer Boot Camp 2017 (Cape Town, South Africa)
26-28: Brasil Brau 2017 (Sao Paulo, Brazil)

August 2017:
04-06: The 21st International Berlin Beer Festival (Berlin, Germany)
08-12: The Great British Beer Festival 2017 (London, UK)
09-12: Vietfood & Beverage 2017 (Ho Chi Minh City, Vietnam)

September 2017:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
23-24: Whisky Live Paris 2017 (Paris, France)

October 2017:
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)

November 2017:
22-23: Craft Beer Italy 2017 (Milan, Italy)

More events are available on site e-malt.com

MaltMalt News Malt

Malt newsWorld: Malt trade forecast to decline in 2016/17
The IGC forecasts a total 2016/17 world trade of 7.065 mln tonnes of malt (grain equivalent), down from 7.210 a year ago, H. M. ...More info on site

Malt newsNamibia: The Namibia Breweries Limited plans barley processing plant by 2022
The Namibia Breweries Limited (NBL) plans to build a fully-fledged barley processing plant by 2022, to produce all its beer brands from locally sourced ...More info on site

BreweryBrewery News Brewery

Brewery news Brazil: AB InBev can relax over its lengthy list of outstanding tax disputes in Brasil for now
Whether you’re in the U.S., Europe or Latin America, go to a beer-serving bar and you will likely find someone sipping on a beverage from Anheuser-Busch InBev NV, the Budweiser and Corona brewer.

Despite having more than $10 billion of the company’s cash at stake, AB InBev Chief Executive Officer Carlos Brito can similarly relax over the global brewer’s lengthy list of outstanding tax disputes in his native Brazil, Bloomberg reported on March 8.

Through Ambev SA, its publicly traded Brazilian subsidiary, AB InBev faces tax disputes with Brazil’s tax authorities that may lead to combined losses of $14.4 billion, according its 2016 annual report. In the report, filed March 2, the Belgium-based brewer cites over 30 tax assessments in Brazil, with Ambev receiving 10 tax assessments alone in 2016, according to data compiled by Bloomberg BNA.

Tax disputes, though, are “common” in Brazil and “inherent” to its business culture due to its three-tier system of federal, state and municipal laws, says Matthias Maenhaut, a Brussels-based drinks industry analyst at Dutch bank ING Bank N.V. On top of this culture, tax disputes raised by Brazil’s tax authorities can take several years, with one of AB InBev’s cases dating back to 2005. Thus, besides ...More info on site

Brewery news World: Molson Coors Brewing Company announces pricing of euro-denominated Senior Floating Rate Notes
Molson Coors Brewing Company announced on March 7 the pricing of its previously announced offering of €500 million aggregate principal amount of its Floating Rate Senior Notes due 2019 (the “Notes”). The Notes will bear interest at a floating rate equal to three-month EURIBOR, reset quarterly, plus 0.350% per annum. The offering is expected to close on or about March 15, 2017, subject to customary closing conditions, Yahoo Finance said.

After deducting discounts and commissions and estimated offering expenses, Molson Coors expects to receive net proceeds from the offering of approximately €500 million. Substantially concurrently with the offering, Molson Coors expects to issue $1.0 billion aggregate principal amount of its U.S. dollar-denominated senior notes, consisting of $500 million principal amount of 1.900% Senior Notes due 2019 and $500 million principal amount of 2.250% Senior Notes due 2020 (the “Concurrent Offering”). The aggregate principal amount of this offering, together with the Concurrent Offering, is expected to be equivalent to approximately $1.5 billion.

Molson Coors intends to use the net proceeds of this offering and the Concurrent Offering to repay a portion of the amounts outstanding under its term loan facility.

The Notes and the related guarantees are being offered to persons reasonably believed to ...More info on site

Brewery news Cambodia: Cambodia Brewery Limited expands and adds Heineken to its production line
Cambodia Brewery Limited (CBL) on March 6 officially unveiled a $100 million major brewery expansion and announced the addition of Heineken to its production line, the Khmer Times reported.

Frans Eusman, president of Heineken Asia-Pacific, said his company began operations in Cambodia in 1994 as a joint-venture between Asia Pacific Brewery Limited and Progress Import-Export Company, which is owned by the Vattanac Group, and invested about $56 million to build a brewery in Cambodia.

Mr. Eusman said the decision to expand the brewery was due to an increasing demand for their products in Cambodia. He said the company invested more than $100 million into the expansion, which was completed by the end of 2016.

He added that the brewery’s capacity to produce beer is from 80 million to 300 million litres per annum or about 27,000 to 100,000 cases of beer per day.

Now Cambodia Brewery Limited has been granted authorization from Heineken Company to produce Heineken beer in Cambodia after CBL took up the rights as exclusive distributor of Heineken in Cambodia in 2015,” Mr. Eusman said. Industry and Handicraft Ministry secretary of state Sat Samy said that CBL and Asia Pacific Brewery had invested about $56 million on a brewery to produce, ...More info on site

Brewery news UK & China: British beer exports to China up 500% in 2016
British brews are becoming insanely popular in China.

According to Beverage Daily, beer exports from the U.K. experience a 500 percent increase in 2016 due to rising consumer demand throughout the country.

Some analysts have cited Chinese president Xi Jinping's interest in beer as contributing to the beverage's rising popularity. In 2015, he was photographed enjoying a beer with former British prime minister David Cameron.

But China isn't the only country to have a stronger interest in British brews - exports to India grew by 417 percent and exports to the EU grew by 5 percent.

With a total of 1.05 billion pints of beer being sent abroad, the country's beer exports are now valued at $712 million, up $102 million since 2015.

Approximately 63 percent of Britain’s beer exports are for the EU while the remaining 37 percent are destined for other locations around the globe.

The increase in brewery exports has boosted beer to the third most valuable food or drink export coming out of the U.K., falling behind only whisky and chocolate in 2016, according to the Food and Drink Federation 2016 export statistics.

Beverage Daily reports that the strong export growth in 2016 was supported by both the industry and government to ...More info on site

Brewery newsCroatia: Kaltenberg building a new brewery in Croatia
Beer manufacturers Kaltenberg are to invest 10 million euros in a production plant in the north-west of Croatia, The Croatia Week reported on March ...More info on site

Brewery news Kenya: Beer consumption to rise by at least 10% in the next five years as more Kenyans will be embracing bottled beer
Beer consumption in Kenya is set to rise by at least 10 per cent in the next five years boosted by higher income and an increase in a youthful population, KDRTV reported on March 6.

An analysis by BMI Research firm on the industry trends also shows that more Kenyans will be willing to leave the traditional liquor market and embrace bottled beer as low cost brands bridge the gap.

The results released last week will be music to the ears of the brewers who have recorded declining sales in bottled beer in the wake of recent increases in taxation, which pushed up retail prices for the drinks.

“Rising incomes combined with a large young adult population (20-39 years) and increased adoption of affordable entry-level brands will see consumption accelerate over the years ahead. While high excise duties presents a downside risk to growth in mainstream and premium categories, favourable demographics and greater penetration of low-cost offerings will drive volume expansion for major brewers,” the analysis released last week said.

The research puts beer consumption in Kenya at an impressive annual growth rate of 10.5 per cent between 2017 and 2021. The growth now makes Kenya one of the countries with the greatest opportunities ...More info on site

Brewery news India: United Breweries Holding appeals against winding-up court order
United Breweries Holding Ltd (UBHL) has appealed against an 8 February order of the Karnataka high court that directed winding-up of the company, Livemint reported on March 7 citing a person involved in the case.

UBHL, promoted by Vijay Mallya, held a controlling stake in Kingfisher Airlines Ltd, the debt-ridden airline grounded in 2012. The appeal comes at a time when lenders are trying to recover dues owed by Kingfisher Airlines and multiple authorities are probing allegations of money laundering and fund diversion, among other charges.

The appeal also pleads the court to let the company function in its present form until the pendency of the case, the person cited above said, requesting not to be named, as he is not authorised to speak to the media.

The Karnataka high court had passed an order to wind up the holding arm of Mallya’s erstwhile business empire after multiple parties including a consortium of secured lenders, service providers, lessors of aircraft and suppliers of aero engines sued to recover dues.

There are 10 petitioners with claims amounting to over Rs6,958.60 crore. They have invoked corporate guarantees furnished by UBHL, Mint reported.

Last week, a special court in the capital had confirmed an Enforcement Directorate order to ...More info on site

Brewery news The Netherlands: Heineken to launch its first alcohol-free beer
Amsterdam-based brewer Heineken is to launch its first alcohol-free beer, Heineken 0.0, in the Netherlands on March 7. The beer, which has a partly blue label, will be available in Dutch bars and retail outlets ahead of an international launch, DutchNews.nl reported on March 6.

The new product marks a change of strategy for the company, the Telegraaf reported. Late director Freddy Heineken vowed no alcohol-free beer would ever appear under the Heineken brand name, saying he felt even a light beer would damage the Heineken brand.

But the present Heineken chief Jean-François van Boxmeer is not afraid of change and he has expanded the company considerably, the Telegraaf said.

The Heineken brand still accounts for 30% of group profit. ‘The new brand is exciting,’ said Heineken master brewer Willem van Waesberghe. ‘It is the biggest change Heineken has made in years because it is an update of our own brand,’ he told the paper.

Van Waesberghe, who was formerly director of research at the brewer, said Heineken worked on the formula for two years and that Heineken 0.0 had to fit into the brand’s global offering. He said the market for alcohol-free beer is growing rapidly, already accounting for ...More info on site

Brewery news UK: Molson Coors to distribute Palm Belgian Craft Brewers beers, La Trappe Trappist Ales in the UK
As part of its partnership with Bavaria brewery, Molson Coors will take over the distribution of Palm Belgian Craft Brewers’ beers in the UK, the Morning Advertiser reported on March 7.

The announcement follows the long-term partnership agreement between Molson and Bavaria brewery, which was approved in July last year.

As part of the agreement, Molson Coors UK was given the exclusive rights in the off and on-trade to the sales, distribution and customer marketing of Dutch brewer Bavaria and its portfolio of brands in the UK.

The beer giant will also take over the UK distribution for La Trappe Trappist Ales from De Koningshoeven brewery in the Netherlands.

Both distribution deals will bring Palm, Brugge, Rodenbach and Cornet and the full La Trappe range into Molson Coors’ portfolio and will form part of Molson Coors’ recently launched Brew + Press craft beer and cider initiative.

Molson Coors customer excellence director Andy Headley said: “We are excited to be taking these iconic beers from Belgium and Holland into the Molson Coors portfolio, giving our customers even more choice in an area of the market currently seeing substantial growth.

“The demand for interesting and different beers continues to grow, and we think these ...More info on site

Brewery news China: Southern China’s Guangdong province consumes US$7.3 bln worth of alcoholic beverages last year
Guangdong province in southern China consumed 50.4 billion RMB (US$7.3 billion) worth of alcoholic beverages in 2016, driven by medium to high-end range drinks, the Guangdong Alcohol Industry Association has revealed.

From January to December last year, consumption of alcoholic beverages priced above 400 RMB (US$58) grew by 2.16%, and mid-ranged drinks selling between 100 RMB (US$14.5) and 400 RMB (US$58) jumped 9.37% as well, the trade association said at a meeting last week. Consumption of drinks below 100 RMB dropped 4.63%, it added.

Spirits dominated the province’s alcohol consumption with 18.5 billion RMB (US$2.68 billion) worth of domestic spirits and 6 billion RMB (US$869 million) of imported spirits.

Beer consumption totalled 16.1 billion RMB (US$2.3 billion), followed by wine consumption of 9.8 billion RMB (US$1.4 billion).

Imported wines in the province accounted for 40% of the country’s total value, with US$925 million, it added.

Brewery news South Africa: Miller Genuine Draft to be sold now in South Africa exclusively by Heineken
Miller Genuine Draft, a brand SAB launched in South Africa in 2004 after acquiring the US's Miller Brewing Company, will now be sold in South Africa exclusively by Heineken, the MD of Molson Coors’ South African operations, Ruud van den Eijnden, was quoted as saying by Times Live on March 7.

The South African theatre turned vicious after Heineken refused to allow SAB to continue selling its "green bottle" brand Amstel in retaliation for SAB entering South America.

The fighting escalated when Heineken attacked SAB in its backyard by building Sedibeng brewery.

SABMiller's divorce from MillerCoors so as to marry Anheuser-Busch InBev appears to have freed its former US partner to form new alliances.

Molson Coors International CE Stewart Glendinning said on March 6: "We have welcomed the world-famous Miller family of brands into our business globally and are, therefore, pleased to partner with Heineken SA, a key player in one of the world's largest beer markets by volume."

Heineken said: "We believe that the Miller Genuine Draft brand perfectly complements our existing brand portfolio and will help to grow our business in SA."

BarleyBarley News Barley

Barley newsAustralia: Australia’s bumper barley crop this year shows very good overall quality
The IGC puts the Australian barley crop at 11.5 mln tonnes, while ABARES put it at 13.4 mln tonnes in its February report. It ...More info on site

Barley news Australia: Barley Australia reviews preferred malting varieties list
Under the latest review by Barley Australia of the preferred malting varieties list, Buloke variety has been removed in Victoria and Western Australia, Commander in NSW and WA, and Baudin, Gairdner and Navigator in South Australia, the Grain Central reported on March 8.

“As market demand for malting barley changes, which is itself a function of the domestic and export brewers’ needs, various varieties are removed or superseded. A variety once removed from the Preferred List is still an accredited variety and is retained on the Accredited Varieties List,” Barley Australia chairman, Andrew Gee, said.

Barley Australia said the MBIBTC would assess Compass and Spartacus through 2017; both promoters had indicated sufficient grain was available from the 2016/17 harvest.

It anticipated a final recommendation as to MBIBTC’s malting evaluation of Compass and Spartacus varieties for malting barley accreditation would be considered at its meeting planned for February 2018.

Barley news UK: New spring malting barley variety Opera may replace distilling industry favourite variety Concerto
Spring malting barley growers looking ahead for a replacement to distilling industry favourite variety Concerto may have a new option in time for the 2019 planting season, the Farmers’ Weekly reported on March 6.

Opera made its debut on the AHDB Recommended List announced last December with a fungicide treated yield of 104% – 10% higher than Limagrain stablemate Concerto, and an early maturing date which could make it particularly attractive to northern growers.

The breeder is hoping to maximise its appeal by seeking approval from the brewers and the distillers clearing its way for use in the beer and Scottish whisky sectors.

Opera could gain provisional approval from the Institute of Brewing and Distilling this May, clearing the way for “macro” trials which require 1,000t of the crop to be put through both brewing and distilling processes.

Full approval would then be granted or denied 12 months later, in May 2018, clearing the way for malting contracts to potentially be issued for the variety for the 2019 growing season.

Ron Granger, arable technical manager for Limagrain, explains Opera bucks the trend seen among some other recent varieties by having a good specific weight.

“It is early maturing, similar to Planet and earlier than Laureate, with ...More info on site

HopsHops News Hops

Hops newsNew Zealand: Hop market up 17% last year
New Zealanders may be re-discovering their taste for beer. And renewing that love affair is helping a valuable local industry, The New Zealand Herald ...More info on site

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