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Flash Summary
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E-Malt.com Flash 08b
February 22 - February 25, 2018
Quote of the Week
Quaintest thoughts, queerest fancies come to life and fade away. What care I how time advances; I am drinking ale today.
Edgar Allan Poe
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Currency Rates
Base Currency: Euro
on February 23, 2018 |
Base Currency: US Dollar
on February 23, 2018 |
| |
1 EUR = 1.2276 USD
1 EUR = 0.8834 GBP
1 EUR = 1.5589 CAD
1 EUR = 1.5699 AUD
1 EUR = 131.4700 JPY
1 EUR = 4.0149 BRL
1 EUR = 69.6341 RUB
1 EUR = 7.8085 CNY
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|
1 USD = 0.8130 EUR
1 USD = 0.7183 GBP
1 USD = 1.2700 CAD
1 USD = 1.2780 AUD
1 USD = 107.1100 JPY
1 USD = 3.2604 BRL
1 USD = 56.7608 RUB
1 USD = 6.3509 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 23, 2018 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 |  |
| 6RW Malting Barley (FOB Creil) |
157.00-159.00 |  0.64% |
| 2RS Malt (FOB Antwerp) |
384.50-386.50 | |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | 0.35% |
| Feed Barley (FOB Creil) |
156.00-158.00 | 1.29% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 | 0.54% |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 | 0.63% |
| 2RS Malt (FOB Antwerp) |
382.50-384.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
349.00-351.00 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,184.00-1,186.00 |  0.84% |
| Malting Barley (West) |
1,184.00-1,186.00 | 0.84% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,174.00-1,176.00 | |
| Malting Barley (West) |
1,174.00-1,176.00 | |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
310.00-312.00 |
|
| 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 |
649.00-651.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
649.00-651.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
223.00-225.00 |
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| Feed Barley, basis Winnipeg |
223.00-225.00 |
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| Feed Barley, bulk in store, Vancouver |
286.00-288.00 |
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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 |
nq |
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| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
130.00-132.00 |
|
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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.
The Czech Republic: Large breweries to invest mostly in export and canned beer this year
...Click here
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India: United Breweries to enter craft beer market by year end
...Click here
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UK: Scotch whisky makers prefer a clean Brexit break
...Click here
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Belgium & Italy: Duvel Moortgat gains control of Italy’s Ducato microbrewery
...Click here
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Japan: Kirin to expand in health food and beverages
...Click here
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USA: Boston Beer reports 5.9% drop in Q4 net revenue
...Click here
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UK: Spring barley growers encouraged to increase their seed rates if drilling is delayed
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
South America Barley Production, Import, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
THE YEAST TAKES IT ALL!
ABSTRACT
Beta-myrcene is a potent but also very volatile hop
aroma compound that can contribute to hop flavours
with "herbaceous", "resinous", "green", "balsamic", "fresh
hops". Too high concentrations of myrcene sometimes are
considered unpleasant in regards to flavour. A German
team worked with the hop variety Mosaic with different
yeast strains to see where the myrcene actually ends up.
They confirmed the release of hop aroma compounds
during fermentation in the gas phase with increasing
amounts at higher fermentation temperatures, and were
also able to show that the yeast basically absorbs all of
the myrcene with no possibilities to redissolving it in beer
again. Whereas other hop aroma compounds such as
linalool are not influenced significantly by the yeast.
REFERENCES:
Haselbeck, K. et al: On the Fate of Beta-Myrcene during Fermentation - The Role of Stripping
and Uptake of Hop Oil Components by Brewer's Yeast in Dry-Hopped Wort and Beer,
November / December 2017 (Vol. 70)
Read more
Source: Barth Innovations
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These Days in Business History
22 February
1923 - Transcontinental airmail service begins
1989 - New York Lotto pays $26.9 million to one winner
2006 - Apple's iTunes store sells its 1 billionth song
23 February
1886 - Aluminum manufacturing process developed
1886 - London Times publishes world's 1st classified ad
1965 - Michael Dell is born. He later drops out of the University of Texas at Austin to found Dell Computer Corp. with the radical idea of assembling made-to-order computers
24 February
1921 - 1st transcontinental flight in 24 hours flying time
1986 - Texas Air buys Eastern Airlines for $676 million
1995 - Dow-Jones hits record 4011.74
25 February
1791 - 1st Bank of U.S. chartered
1837 - 1st U.S. electric printing press patented by Thomas Davenport
1862 - Paper currency introduced in U.S. by President Abraham Lincoln
Agenda
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)
16-18: Barcelona Beer Festival 2018 (Barcelona, Spain)
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:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
10-13: ASBC Malt Flavor and Aroma Symposium 2018 (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
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)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, 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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The Czech Republic: Large breweries to invest mostly in export and canned beer this year
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Large breweries in the Czech Republic will mainly invest this year into export and canned beer, the daily Hospodářské noviny reported on February 20.
...More info on site
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India: United Breweries to enter craft beer market by year end
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India’s largest beer maker United Breweries Ltd (UBL) will enter the craft beer market by the end of 2018 to tap into a growing
...More info on site
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France: Beer sales increase by 3.6% in 2017
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During the last 37 years France’s brewing sector had been declining, but last year the nation’s beer sales saw a 3.6% increase, BFM.TV reported
...More info on site
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Japan: Kirin to expand in health food and beverages
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Kirin Holdings Co Ltd aims to expand in health food and beverages, its chief executive said, as the Japanese brewery adopts a different strategy from rivals which have spent big on breweries abroad to offset a drop in domestic beer consumption, Reuters reported on February 22.
Japan’s second-biggest beer maker earns almost 40 percent of profit from beer and other alcoholic drinks sold at home. But with industry data showing a 13th consecutive fall in domestic beer shipments last year, Kirin and peers like Asahi Group Holdings Ltd have been seeking growth elsewhere.
“I wish we could just focus on the beer business. That’s something we fully understand,” Yoshinori Isozaki said in an interview. “But we cannot achieve sustainable growth from that business alone.”
The comments reflect challenges in the beer industry both in Japan and globally, as aging populations and changing consumer tastes in increasingly health-conscious developed economies limit growth prospects for makers of alcoholic drinks.
In response, Asahi - which has long derived a sizeable chunk of revenue from Japan’s biggest-selling “Super Dry” beer - has spent $11 billion over the past two years to buy beer brands across Europe from Anheuser-Busch InBev NV.
Preventing Kirin from similarly expanding is the lack of
...More info on site
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Belgium & Italy: Duvel Moortgat gains control of Italy’s Ducato microbrewery
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Belgium’s Duvel Moortgat has increased its stake in Italian craft brewer Ducato to 70%, LaLibre reported on February 21.
Launched in 2007 in Soragna (province
...More info on site
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China: BrewDog looking to open brewery in China
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Scottish craft brewer BrewDog is looking to open a brewery in China to capitalize on the fast-growing market for premium beer, Ecns.cn reporte don February 22.
China is the company's second-largest international market and the brewer said with the help of its distributor, it has made BrewDog one of the well-known and widely drunk craft beers in China.
In 2016, BrewDog's export to China grew by 117 percent.
The brewery is looking to raise at least 10 million pounds ($13.9m) in its latest equity crowdfunding scheme, with a stretch goal of up to 50 million pounds ($69.9m) to further its global expansion.
This also includes the construction of a brewery in Australia.
"We feel we can only really take advantage of the Asian opportunity by having a brewery in Asia and we are now actively looking at locations and opportunities in the regions," Brewdog told The Scotsman newspaper.
The craft beer brand also revealed plans to build the world's first craft beer hotel as part of its expansion plans at its headquarters in Aberdeenshire in Scotland.
China is a key market for international beer brands and analysts believe the demand for craft beer will continue to increase as disposable incomes rise.
Last year, Edinburgh-based online drinks platform Flavourly
...More info on site
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USA: Boston Beer reports 5.9% drop in Q4 net revenue
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The Boston Beer Company reported a fourth-quarter 5.9% drop in net revenue to $206.3 million, down $13.1 million from the same period last year, according to a company release.
Shipments declined 7.7% during the period to about 898,000 barrels, compared to the fourth quarter of 2016.
The company reported $30.5 million in net income for the fourth quarter, or $2.57 per diluted share, an uptick of $8.4 million, or 82 cents per diluted share, from the year-ago period. The bump was mainly due to a one-time benefit of $1.72 per diluted share from the corporate tax cut enacted in late December, plus a gross margin increase, although the company said that was partially offset by lower shipments and more media and digital advertising.
Boston Beer projects full-year 2018 earnings per diluted share to be between $6.30 and $7.30, reflecting the uncertain volume outlook, and added that actual numbers could vary significantly from the current projection.
Boston Beer continues to struggle in a market that's crowded and competitive, but it isn't for lack of trying. The sixth-largest beer company in the US recently innovated with Samuel Adams Sam '76, Samuel Adams New England IPA and Angry Orchard Rosé hard cider, although the new
...More info on site
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Barley News
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Russia: Barley exports hitting new heights
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Russia exported more than 507 thousand tonnes of barley in December 2017 - up 355% from December 2016 (143 thousand tonnes), UkrAgroConsult reported on
...More info on site
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UK: Spring barley growers encouraged to increase their seed rates if drilling is delayed
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UK’s spring barley growers are being encouraged to increase their seed rates if drilling is delayed and seed-beds are not ideal after very wet winter weather, the FarmersWeekly reported on February 21.
Drilling is likely to be pushed back this spring due to cold and wet soil, and even in early drilling areas such as the South Downs spring drilling could be two weeks away.
Mike Thornton, agronomist with advisory group ProCam, says growers should not rush to drill in poor conditions and they need to hold fire until soils dry and warm up and then raise seed rates.
“Growers should be thinking of pushing seed rates up as they can expect greater losses due to poor soil conditions,” he tells Farmers Weekly.
For early drilling into good seed-beds, growers might look at a seed rate of 300-325 seeds/sq m, but if delayed into late March or early April the rate might be pushed up to 350-400 seeds/sq m, he says.
In addition, growers need to hold back from drilling too early as good seed-beds will give better seed to soil contact and so good conditions for residual blackgrass herbicides to work.
If growers have already ordered their seed then he suggests they should still increase
...More info on site
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Whisky News
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UK: Scotch whisky makers prefer a clean Brexit break
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Scotch whisky makers were among the most fervent industry advocates for staying in the European Union, but if Britain has to leave, they prefer
...More info on site
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