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Flash Summary
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E-Malt.com Flash 14a
April 03 - April 05, 2017
Quote of the Week
He was a wise man who invented beer.
Plato
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Currency Rates
Base Currency: Euro
on April 05, 2017 |
Base Currency: US Dollar
on April 05, 2017 |
| |
1 EUR = 1.0651 USD
1 EUR = 0.8562 GBP
1 EUR = 1.4320 CAD
1 EUR = 1.4109 AUD
1 EUR = 117.5500 JPY
1 EUR = 3.3395 BRL
1 EUR = 60.2427 RUB
1 EUR = 7.3371 CNY
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1 USD = 0.9379 EUR
1 USD = 0.8027 GBP
1 USD = 1.3409 CAD
1 USD = 1.3200 AUD
1 USD = 110.6000 JPY
1 USD = 3.1134 BRL
1 USD = 56.5553 RUB
1 USD = 6.8869 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 05, 2017 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
179.50-181.50 |  |
| 6RW Malting Barley (FOB Creil) |
161.00-163.00 | |
| 2RS Malt (FOB Antwerp) |
378.50-380.50 |  0.15% |
| 6RW Malt (FOB Antwerp) |
356.00-358.00 | 0.16% |
| Feed Barley (FOB Creil) |
136.00-138.00 |  0.72% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
181.50-183.50 | |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 | 0.63% |
| 2RS Malt (FOB Antwerp) |
376.50-378.50 | |
| 6RW Malt (FOB Antwerp) |
345.00-347.00 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
| EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,149.00-1,151.00 | |
| Malting Barley (West) |
1,149.00-1,151.00 | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,169.00-1,171.00 | 0.86% |
| Malting Barley (West) |
1,169.00-1,171.00 | 0.86% |
Canadian Barley/Malt
Crop 2016 |
| CAD/T |
% |
| 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 |
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| Feed Barley, basis Lethbridge |
162.00-164.00 |
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| Feed Barley, basis Winnipeg |
162.00-164.00 |
|
| Feed Barley, bulk in store, Vancouver |
222.00-224.00 |
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US Barley/Malt
Crop 2016 |
| USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
132.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| 6-Row Malt, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
105.00 |
|
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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.
Zambia: Zambian Breweries’ new malting plant commissioned by President Edgar Lungu
...Click here
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Belgium: Beer consumption estimated to have dropped by 4% last year
...Click here
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The Philippines & Vietnam: San Miguel Corp. “evaluating and may bid” for Vietnam’s Saigon Beer Alcohol Beverage Corp.
...Click here
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India: AB InBev CEO in India to review Indian operations
...Click here
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Kenya: East African Breweries expects sluggish sales growth due to higher taxation
...Click here
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Mexico & USA: Mexican farmers asking US President to stop Constellation Brands building brewery in Mexicali
...Click here
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Belarus: Beer sales down last year due to a decline in imports
...Click here
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Brazil: Brasil Kirin trying to grow hops where no one has grown them before
...Click here
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Graph of the week
Table of the week
EU Malting Barley Supply and Demand Estimate 2017/18
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 April
1783 - Sweden and U.S. sign a treaty of Amity and Commerce
1885 - Gottlieb Daimler is granted a German patent for his engine design
1948 - The U.S. Congress passes (and Pres. Harry S. Truman immediately signs) the Marshall Plan to finance the reconstruction of Western Europe after the devastation of World War II--helping to keep Communism at bay and laying the groundwork for the global economic boom of the 1950s
1981 - The Osborne 1, the first successful portable computer, is unveiled at the West Coast Computer Faire in San Francisco
1994 - Netscape Communications founded as Mosaic Communications
2008 - ATA Airlines, once one of the ten largest U.S. passenger airlines and largest charter airline, files for bankruptcy for the second time in five years and ceases all operations
04 April
1460 - University of Basle in Switzerland forms
1818 - The United States Congress adopts the flag of the United States with 13 red and white stripes and one star for each state (then 20)
1828 - Casparus van Wooden patents chocolate milk powder (Amsterdam)
1949 - Twelve nations sign the North Atlantic Treaty creating the North Atlantic Treaty Organization
1975 - Microsoft is founded as a partnership between Bill Gates and Paul Allen in Albuquerque, New Mexico
1996 - AT&T Corp. spins off 112 million shares of Lucent Technologies Inc. at an initial price of $27 per share, raising $3.02 billion in what is, so far, the biggest IPO of all time
05 April
1768 - 1st U.S. Chamber of Commerce forms
1869 - Celluloid is patented
1886 - George Eastman places Kodak Camera on sale for 1st time
1926 - Varney Airlines makes its first commercial flight (Varney is the root company of United Airlines)
1957 - Greek shipping tycoon Aristotle Onassis buys the Hellenic National Airlines (TAE) and founds Olympic Airlines
Agenda
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
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Malt News
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Zambia: Zambian Breweries’ new malting plant commissioned by President Edgar Lungu
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Zambia’s President Edgar Lungu has officially commissioned the Zambian Breweries’ US$33 million state-of-the-art malting plant in the Lusaka South Multi Facility Economic Zone (LS-MFEZ),
...More info on site
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Brewery News
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Belgium: Beer consumption estimated to have dropped by 4% last year
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Just like several years before last year saw beer consumption in Belgium decline, the Haacht Brewery said in its annual report. According to the
...More info on site
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The Philippines & Vietnam: San Miguel Corp. “evaluating and may bid” for Vietnam’s Saigon Beer Alcohol Beverage Corp.
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San Miguel Corp. plans to invest $34 billion in an oil refinery, an integrated steel complex and an ocean-tide power plant as the Philippines’ largest company by sales expands amid forecasts for robust economic growth in the country, according to its president, Bloomberg reported.
The company, which sells nine of every 10 beers in the Philippines, is also “evaluating and may bid” for Saigon Beer Alcohol Beverage Corp., President Ramon Ang told reporters on March 31. Vietnam may provide an anchor to increase its brewery business as consumption in the country is growing at an annual rate of at least 10 percent, five times that in the Philippines, he said.
“The businesses we ventured into have matured, such that the company is in a very stable position,” Ang said, citing compounded annual 20 percent growth in recurring profit and a near fourfold increase in assets since 2008 following San Miguel’s diversification from food and drinks into non-allied industries such as toll roads and resources. Excluding one-off items, profit will rise at least 20 percent to about 60 billion pesos ($1.2 billion) this year, he said.
Saigon Beer, Vietnam’s largest brewer with a 40 percent market share, has received government approval to hire consultants
...More info on site
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India: AB InBev CEO in India to review Indian operations
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Anheuser-Busch InBev Chief Executive Carlos Brito is in India to review Indian operations barely four days after the ban on highway liquor shops in the country. This is the first India visit for Brito after the world’s largest brewer acquired rival SABMiller Plc six months ago, the Economic Times reported on April 5.
“Carlos Brito regularly visits our markets and is currently in Bengaluru as part of a standard market visit,” confirmed the company without divulging specific agenda.
While the maker of Budweiser, Fosters and Hoegaarden is the second-largest beer company in India, it has been losing share to rivals including Carlsberg. “The business is slowing down in India and discussing issues in distribution and workforce due to integration with SABMiller is on the agenda,” said an official who didn’t wish to be identified adding that Brito has no plans to meet government representatives or trade.
The India headquarter has been recently shifted from Gurgaon to Bengaluru, reporting into the Zone President for Asia Pacific South, based out of Melbourne, Australia.
“The company has been losing share since the past few years — from about 24% in 2014 to 19% now,” said the official. “The recent
...More info on site
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Kenya: East African Breweries expects sluggish sales growth due to higher taxation
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East African Breweries Limited (EABL) leading brands Tusker and Guinness are projected to register sluggish growth in the medium term in Kenya due to higher taxation, the brewer’s parent company Diageo has said.
John O’Keeffe, Diageo Africa’s president, says a 43 per cent increase in excise duty on beer beginning December 2015 has adversely impacted performance of the two leading brands and that it will take time for them to bounce back.
UK-based global brewer Diageo owns 50.02 per cent of EABL. Excise tax on beer increased to Sh100 per litre from the previous Sh70 per litre, forcing the brewer to adjust its prices upwards with a depressing effect on demand for some of its products.
“While bottled beer and our overall performance in Kenya will improve in the second half, the excise duty increase has put bottled beer out of the reach of many consumers,” Mr O’Keeffe told investors during a conference call.
“It will likely take longer to get Guinness and Tusker back to consistent growth.”
Mr O’Keeffe said the brewer is in open discussions with government stakeholders on various issues including “seeking a sustainable and predictable tax environment” in order to reel in “excessive duty rises on beer”.
He added that EABL is
...More info on site
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Mexico & USA: Mexican farmers asking US President to stop Constellation Brands building brewery in Mexicali
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Mexican farmers are asking President Trump for help stopping a local brewery's new plant, News 10NBC reported on March 31.
Victor-based Constellation Brands is planning a $1.4 billion plant in Mexicali, Mexico. But, according to the Wall Street Journal, local farmers are afraid the plant would use too much water in an area with an already naturally low water table.
Dry conditions there have already forced formers to stop using thousands of acres of farmland.
"We haven't been able to do a second planting in years, but we're inviting in a company that's going to consume a ton of water," farmer Pablo Rangel tells the journal. "It doesn't make sense."
The farmers have protested the company, hoping President Trump will bring it back to the states.
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Belarus: Beer sales down last year due to a decline in imports
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The volume of beer market in Belarus shrank 1.5% last year due to a decline in imports, while domestic beer output remained unchanged from
...More info on site
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Hops News
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Brazil: Brasil Kirin trying to grow hops where no one has grown them before
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It was more than a decade ago that grower Rodrigo Veraldi first planted a few hop seeds on his farm, high in Brazil’s Mantiqueira Mountains, northeast of the city of Săo Paulo. To Veraldi, who grows specialty fruits and berries, the experiment was mainly a side project. According to conventional wisdom, hop vines need cold winters and long summer days found in places like Germany and the Yakima Valley; Veraldi just wanted to see if he could get hops to grow somewhere beyond their climatic comfort zone, DRAFT Magazine reported on April 3.
While some of Veraldi’s plants showed promise in his greenhouses, it was a different story outside, where they couldn’t withstand the heavy summer rains that soak the lush mountain slopes. Eventually, he pulled the plug, tossed the remains of his hop experiment onto the scrap pile and moved on to other things.
Two years later, while planting corn beside that old scrap pile, Veraldi was shocked to find that an enormous hop vine, covered in fragrant cones, had quietly burst forth and grown up a nearby tree. Stunned, he knelt beside the vigorous plant and apologized for having given up on the idea. Veraldi isn’t sure which of his
...More info on site
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