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Flash Summary
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E-Malt.com Flash 27b
July 05 - July 08, 2018
Quote of the Week
Doubt is the father of invention.
Ambrose Bierce
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Currency Rates
Base Currency: Euro
on July 06, 2018 |
Base Currency: US Dollar
on July 06, 2018 |
| |
1 EUR = 1.1709 USD
1 EUR = 0.8831 GBP
1 EUR = 1.5374 CAD
1 EUR = 1.5821 AUD
1 EUR = 129.5300 JPY
1 EUR = 4.5521 BRL
1 EUR = 73.9641 RUB
1 EUR = 7.7672 CNY
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1 USD = 0.8557 EUR
1 USD = 0.7558 GBP
1 USD = 1.3138 CAD
1 USD = 1.3540 AUD
1 USD = 110.5800 JPY
1 USD = 3.9171 BRL
1 USD = 63.2604 RUB
1 USD = 6.6346 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 06, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
197.50-199.50 |  1.02% |
| 6RW Malting Barley (FOB Creil) |
172.00-174.00 | 1.17% |
| 2RS Malt (FOB Antwerp) |
396.00-398.00 | 0.62% |
| 6RW Malt (FOB Antwerp) |
365.00-367.00 | 0.68% |
| Feed Barley (FOB Creil) |
167.00-169.00 | 1.20% |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
199.00-201.00 | 3.78% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,264.00-1,266.00 | 0.80% |
| Malting Barley (West) |
1,264.00-1,266.00 | 0.80% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,544.00-1,546.00 | 1.98% |
| Malting Barley (West) |
1,544.00-1,546.00 | 1.98% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
306.00-308.00 |
 |
| 2-Row Malting Barley, bulk in store, Vancouver |
325.00-327.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
251.00-253.00 |
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| Feed Barley, basis Winnipeg |
251.00-253.00 |
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| Feed Barley, bulk in store, Vancouver |
314.00-316.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
180.00-182.00 |
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| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
148.00-150.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
129.00-131.00 |
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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.
Brazil: Heineken fighting for bigger market share bar by bar
...Click here
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World: World hop acreage exceeds 60,000 ha mark for the first time in over 20 years
...Click here
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USA: Hop acreage forecast at record 53,282 acres this year
...Click here
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UK: AB InBev UK targets 100% British barley use by 2020
...Click here
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Hong Kong: Number of craft breweries rises to more than 35
...Click here
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USA: AB InBev to import its international craft beer brands to the US
...Click here
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India: Viiking Beverages in talks with investors to expand product portfolio and open new breweries
...Click here
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Saudi Arabia: State grain buyer SAGO seeks 1.5 mln tonnes of feed barley in international tender
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
World Barley Trade
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WHATEVER IRON MALT BRINGS IN - HOPS CAN FIX IT!
ABSTRACT
A German research team discovered a couple of
years ago that hops act as a chelator for iron, and this
can help to improve oxidative stability. Their most
recent work investigates hops capability of reducing
iron in the brewing process from different special malt
types. The results of their study indicate that this only
works for a certain amount of accessible iron.
REFERENCES:
Orlowski, S et al: Adjusted Hops Dosage to reduce Iron entry, P.7.13 at the 13th Trends in Brewing,
April 2018, Ghent
Read more
Source: Barth Innovations
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These Days in Business History
05 July
1643 - 1st recorded tornado in U.S. (Essex County, Massachusetts)
1841 - Thomas Cook opens 1st travel agency
1922 - 1st general election in Netherlands
1948 - The British government adopts the National Health Service Act
1954 - The BBC broadcasts its first television news bulletin
06 July
1785 - Congress resolves US currency named "dollar" and adopts decimal coinage
1885 - Louis Pasteur successfully tests an anti-rabies vaccine
1886 - Horlick's of Wisconsin offers 1st malted milk to public
1907 - Opening of Brooklands, in England - the world's first purpose-built motor racing circuit
1928 - In New York, the screening of the first film to include sound - 'The Lights of New York'
07 July
1550 - Chocolate introduced
1802 - 1st comic book "The Wasp," is published
1814 - The world's first authentic historical novel, 'Waverley' by Sir Walter Scott, is published
1891 - Travelers cheque patented
1929 - In Italy, the Vatican in the centre of Rome becomes a sovereign state
1954 - Elvis Presley makes his radio debut
08 July
1497 - Portuguese navigator Vasco da Gama sets sail from Lisbon in search of a sea route to India
1796 - U.S. State Department issues 1st American passport
1870 - Congress authorizes registration of trademarks
Agenda
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)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
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
 Malt News
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UK: Bairds Malt reports slight dip in revenue
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A major UK maltster has increased its profits despite the loss of a major customer contract last year, The Courier reported on July 3.
New
...More info on site
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Brewery News
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Brazil: Heineken fighting for bigger market share bar by bar
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Sao Paulo bar owner Arthur Santi has long served up boatloads of ice-cold Skol, one of Brazil’s most popular beer brands and a mainstay of brewing giant Ambev SA, Reuters reported on July 5.
Then last year, rival Heineken NV made him an offer he could not turn down. Santi was launching another saloon in the same working-class neighborhood. The Dutch brewer wanted top billing for its products at the new location.
Heineken paid him 90,000 reais ($23,000) for a three-year commitment to sell Heineken as its only big-name premium beer. The company also threw in new refrigerators, tables and chairs, all emblazoned with its familiar green logo with the red star.
Bar by bar, Heineken is fighting for a bigger share of the world’s third-largest beer market and an end to Ambev’s dominance in Brazil.
While beer consumption has stagnated in much of the world, growth is still forecast for Latin America’s largest economy, which is why Brazil has become a key battleground for global brewers.
Heineken made a big move last year with its $1.2 billion purchase of the money-losing Brazil operations of Kirin Holdings Co Ltd. That transaction doubled Heineken’s market share to nearly 20 percent.
But to catch Ambev, which still controls
...More info on site
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Hong Kong: Number of craft breweries rises to more than 35
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The number of craft beer brewers in Hong Kong has risen to more than 35 from none five years ago and many are betting on China's expanding market to fuel sales, especially as the mainland develops an economic zone just a few miles away, StreetInsider.com reported on July 3.
Under the Greater Bay Area initiative, China is planning to integrate nine southern Chinese cities with Hong Kong and Macau to create a region with a population of about 70 million and an economy that would be the world's fifth-biggest by 2030.
That is a tempting prospect for these specialist beer makers. The sales volume of some craft brands in China is currently growing at well over 100 percent a year, according to Ben Cavendar at China Market Research Group in Shanghai.
"So the growth is pretty significant," he said, adding that major brands are starting to buy up craft breweries to help their expansion in China, the world's biggest beer market by value.
Typically, craft beer is made by small and independent breweries that use traditional or innovative ingredients and is sold at a premium to the broader market. The sector has taken off globally in recent years.
Hong Kong's overall beer market, expected to
...More info on site
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USA: AB InBev to import its international craft beer brands to the US
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Anheuser-Busch InBev (AB InBev) has announced plans to import its international craft beer brands to the US, Drinks Insight Network reported on July 3.
The company has obtained clearance from the Alcohol and Tobacco Tax and Trade Bureau for some of the international craft beer variants, which will be introduced to the market at an AB InBev-sponsored craft beer and music festival that is scheduled to take place later this year in New York, US.
Set to begin selling in the US this year, the brands include draft beer labels from Camden Town Brewery in the UK, Cervejaria Colorado of Brazil, Artesanas de Malta y Cebada of Mexico, Newlands Spring Brewing of South Africa, Archibald Microbrewery of Canada and Belle-Vue Brouwerij of Belgium.
Each of the beers will be imported in kegs, while two brews from Archibald of Canada will also be packaged in pints.
AB InBev has not announced any plans to distribute and sell the beers beyond the US.
AB InBev’s new international craft beer range will join the Australian brand 4 Pines, the Spanish blend Cervezas La Virgen, and the Mexican import Bocanegra.
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India: Viiking Beverages in talks with investors to expand product portfolio and open new breweries
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Viiking Beverages, owner of Goa Kings beer, is in talks with investors to raise up to 200 crore by the end of this quarter to help expand its product portfolio and open two new production units, the Economic Times reported on July 5 citing a company top executive.
The company has also planned its initial public offering (IPO) by the end of 2019 or early 2020 to fund its ambitious expansion plan, Manoj Asrani, the newly appointed chief executive officer of Viiking Beverages, told ET. It has already roped in Grant Thornton to prepare for the IPO.
"We are in the final leg of discussion with an investor to raise between 150-200 crore," said Asrani, who is also chief marketing officer of Viiking Ventures, the holding company of Viiking Beverages, owned by film actor and producer Sachiin Joshi.
Asrani said there is great demand for Goa Kings Beer, which cannot be fulfilled by the firm's two existing breweries in Goa and Jammu.
"From 30,000-40,000 cases last year, we are already doing 3 lakh cases a month now, but the demand is for over 5 lakh cases," he said.
“Once we get the funds, we will open two production units, which
...More info on site
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Barley News
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UK: AB InBev UK targets 100% British barley use by 2020
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AB InBev now sources three quarters of its barley for UK-brewed Budweiser – the UK’s second biggest beer brand behind Stella Artois - from British farms thanks to its “Bud Farmers” innovative, the Drinks International reported on July 6.
The programme has improved UK farming practices and crop yields through the introduction of new barley seeds, such as the Explorer grain, which helps barley to grow in parts of the country previously unsuitable for this type of crop.
This has enabled AB InBev to scale up the amount of barley grown in the UK from 0 to 75% in four years.
Jason Warner, president of AB InBev UK & Ireland said: “Developing a British supply chain is good for farmers, good for the environment and good for our business.
“I’m proud to see that our Bud Farmers programme is boosting British agriculture and that we are helping farmers to increase and improve barley yields.”
AB InBev produces more than 17 mln bottles and cans of Budweiser each week in the UK at its two breweries in Magor in south Wales and Samlesbury in Lancashire.
The scale of this production means that tens of thousands of tonnes of barley is needed each year to brew
...More info on site
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Saudi Arabia: State grain buyer SAGO seeks 1.5 mln tonnes of feed barley in international tender
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Saudi Arabia's state grain buyer SAGO said on July 5 it was seeking 1.5 million tonnes of feed barley in an international purchasing tender, ZAWYA reported.
The barley is for delivery from September to October, a statement by the agency said.
The barley is to be shipped in 25 cargoes, each 60,000 tonnes. Of the total, 18 cargoes will arrive at Red Sea ports and seven at Gulf Sea ports, Ahmad al-Fares, Governor of SAGO, said in the statement.
The deadline for bids is Friday, July 6.
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Hops News
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World: World hop acreage exceeds 60,000 ha mark for the first time in over 20 years
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Almost all hop-growing countries have added acreage in 2018 albeit at a much slower pace than in previous years, the Barth-Haas Group reported on
...More info on site
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USA: Hop acreage forecast at record 53,282 acres this year
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U.S. hop acreage is forecast at a record 53,282 acres this year, up 4 percent over last year, with new acreage and plantings entering full production.
The 2018 forecast for Washington is 39,273 acres, which is 71 percent of total U.S. acreage, according to a July 2 report from the National Agricultural Statistics Service.
Idaho is projected at 8,217 acres, or 15 percent of the total, and Oregon is projected at 7,849 acres, or 14 percent. Idaho shows the largest increase in acreage, up 1,224 acres, or 17.5 percent.
Mike Gooding, president of Gooding Farms north of Wilder, Idaho, and vice chairman of the Idaho Hop Growers Commission, said the state’s additional acreage this year primarily consists of hops contracted two years ago that are finally being established.
“A lot of times, growers are not able to establish all acres in one season,” Gooding said. “And we have a couple of new growers in the area. They established part of their acreage last year and part this year.”
Washington state is up 835 acres, or 2 percent, and Oregon is unchanged.
Expansion of small craft breweries fueled an increase in aroma hop varieties for several years but that’s slowed as the rate of craft brewery growth
...More info on site
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