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Flash Summary
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E-Malt.com Flash 05b
February 04 - February 07, 2021
Quote of the Week
Every failure is a step to success.
William Whewell
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Currency Rates
Base Currency: Euro
on February 05, 2021 |
Base Currency: US Dollar
on February 05, 2021 |
| |
1 EUR = 1.1992 USD
1 EUR = 0.8793 GBP
1 EUR = 1.5361 CAD
1 EUR = 1.5744 AUD
1 EUR = 126.2800 JPY
1 EUR = 6.4558 BRL
1 EUR = 90.7343 RUB
1 EUR = 7.7515 CNY
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|
1 USD = 0.8338 EUR
1 USD = 0.7332 GBP
1 USD = 1.2810 CAD
1 USD = 1.3128 AUD
1 USD = 105.3000 JPY
1 USD = 5.3835 BRL
1 USD = 75.6623 RUB
1 USD = 6.4639 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 05, 2021 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
209.00-211.00 |  |
| 6RW Malting Barley (FOB Creil) |
203.00-205.00 | |
| Feed Barley (FOB Creil) |
204.00-206.00 | |
| 2RS Malt (FOB Antwerp) |
413.50-415.50 | |
| 6RW Malt (FOB Antwerp) |
406.50-408.50 | |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
207.00-209.00 | |
| 6RW Malting Barley (FOB Creil) |
196.00-198.00 | |
| 2RS Malt (FOB Antwerp) |
409.00-411.00 | |
| 6RW Malt (FOB Antwerp) |
395.50-397.50 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
186.50-188.50 |  1.58% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,384.00-1,386.00 |  0.72% |
| Malting Barley (West) |
1,384.00-1,386.00 | 0.72% |
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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: Carlsberg’s profit to shareholders drops to 6.03 bln Danish kroner last year from 6.57 in 2019
...Click here
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Japan & Myanmar: Kirin pulls out of brewing partnership in Myanmar over coup
...Click here
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Thailand & Singapore: ThaiBev to list nearly 20% of its BeerCo unit on the Singapore Exchange
...Click here
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USA: Off-premise beer sales up 15.7% year-to-date through January 23
...Click here
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UK: Budweiser Brewing Group UK&I forecasts stellar year for off-trade beer sales
...Click here
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Russia: Russia to introduce formula-based wheat export tax on June 2
...Click here
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UK: Scotland’s convenience retailers can expect a strong 2021 for beer
...Click here
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Mexico & Australia: Heineken to start turning Aussie barley into Mexican beer
...Click here
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Graph of the week
Table of the week
Australia Barley Supply and Disposition
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How much creep do I get?
ABSTRACT
Dry-hopping brewers are aware of "hop creep". Dry hop creep is a gradual reduction in beer gravity after dry-hopping in the presence of yeast due to generation of fermentable sugars
from nonfermentable dextrins by hop-associated enzymes. However, it is very important for brewers to know what hop creep will do to their beer in terms of alcohol content, degree
of fermentation and generation of CO2. A new paper proposes a method adapted from ASBC Method of Analysis Wort-5 whereby a benchtop, forced fermentation is performed using a consistent dosage rate for dry-hopping and assessing the apparent extract and apparent degree of fermentation after 72 hours. This approach offers brewers the potential of estimating the enzymatic power, or hop creep potential, of the hops being evaluated. The researchers discovered challenges with changing the form of yeast (dried vs wet). Results indicated that a small-scale dry-hopped forced fermentation is a promising tool for assessing the potential magnitude of hop creep in a given lot of hops, and that differences in apparent extract and/or apparent degree of fermentation of forced fermentations can be used to estimate the terminal gravity post-hop creep of full-scale fermentations.
REFERENCES:
A. Stokholm, L. N. Rubottom and T. H. Shellhammer, Evaluating a benchtop fermentation method for estimating dextrin degradation by hop diastatic enzymes during dry-hopping. Brewing Science, 73 (November/December 2020), pp. 140-148
Source: Barth Innovations
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These Days in Business History
04 February
1847 - 1st US telegraph company established in Maryland
1874 - Robert Liefmann, German economist is born
1917 - Belgium Council of Flanders established
1957 - 1st electric portable typewriter placed on sale (Syracuse NY)
2004 - Facebook, a mainstream online social networking site, is founded by Mark Zuckerberg
05 February
1817 - 1st US gas co incorporated, Baltimore (coal gas for street lights)
1850 - Adding machine employing depressible keys patented, New Paltz, NY
1878 - Andre-Gustave Citroen is born, France, auto maker
1997 - The so-called Big Three banks in Switzerland announce the creation of a $71 million fund to aid Holocaust survivors and their families
06 February
1953 - US controls on wages & some consumer goods were lifted
1964 - France & Great-Britain sign accord over building channel tunnel
1974 - Dutch speed limit set at 100 km due to oil crisis
07 February
1639 - Academie Francaise begins Dictionary of French Language
1804 - John Deere is born, pioneer manufacturer of agricultural implements
1935 - Monopoly, board game invented by Charles Darrow symbol Rich Uncle Pennybags
Agenda
February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
23 - 24: IBD Asia Pacific Convention 2021 (Online)
March 2021:
16 - 16: Beviale Mexico 2021 (Online)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
12 - 14: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
20 - 20: EBC Symposium 2021 (Online)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 20: Beer 2021 (Sochi, Russia)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
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Brewery News
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World: Carlsberg’s profit to shareholders drops to 6.03 bln Danish kroner last year from 6.57 in 2019
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Danish brewer Carlsberg reported on February 5 that its fiscal 2020 profit attributable to shareholders was 6.03 billion Danish kroner, down from 6.57 billion
...More info on site
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Germany: Beer sales drop by 5.5% in 2020
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Beer sales in Germany were down 5.5% last year, dragged lower by lengthy closures of bars and restaurants in the coronavirus pandemic, official data
...More info on site
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Japan & Myanmar: Kirin pulls out of brewing partnership in Myanmar over coup
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Japanese beer giant Kirin said it is pulling out of a partnership in Myanmar which it runs with a conglomerate linked to the country's
...More info on site
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Thailand & Singapore: ThaiBev to list nearly 20% of its BeerCo unit on the Singapore Exchange
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Thai Beverage (ThaiBev) has confirmed it is looking to spin off and list its brewery unit BeerCo on the Singapore Exchange (SGX) mainboard, The
...More info on site
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USA: Off-premise beer sales up 15.7% year-to-date through January 23
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Off-premise beer category dollar sales increased 15.7% year-to-date through January 23, compared to the same period last year, Brewbound reported on February 3 citing market research firm NielsenIQ.
For the four weeks ending January 23 (which includes December 28-31, 2020), off-premise dollars sales of the beer category — which includes core beer, flavored malt beverages, hard seltzers, ciders and malt liquor — increased 14.2%, indicating slight acceleration after January 1.
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UK: Budweiser Brewing Group UK&I forecasts stellar year for off-trade beer sales
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Budweiser Brewing Group UK&I, part of AB InBev, is forecasting a stellar year for beer sales in 2021 in the Off-Trade, following stand-out performance of the category in 2020, the Retail Times reported on February 4.
Beer sales grew 28.9% in grocery, and 37.5% in impulse last year, as customers shopped for an additional 20 million at-home alcohol occasions each month in 2020. Even as restrictions lift, Budweiser Brewing Group predicts the at-home occasion will remain popular this year as consumers celebrate the return of the summer of sport and spend quality time with loved ones. The brewer forecasts a significant 12-15%growth for the total beer category, with impulse and convenience growing 3-4% ahead of the market, compared to the last year of regular trading in 2019.
Neil Baker, head of category management at Budweiser Brewing Group says: “It may be the Year of the Ox in the Chinese Zodiac but in the Off-Trade, 2021 will be the year for beer. We saw a once-in-a-generation shift in consumer behaviour last year – lockdowns led more of us to shop locally, as well as to a rise in at-home occasions. These trends are here to stay, even as restrictions ease.”
“This year, whether it’s
...More info on site
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UK: Scotland’s convenience retailers can expect a strong 2021 for beer
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Last year was a big year for beer sales in the Scottish off trade, as consumers sought to replicate the on-trade experience at home, the Scottish Grocer and Convenience Retailer reported on February 1.
Current beer category trends suggest Scotland’s convenience retailers can also expect a strong 2021, as the Covid-19 pandemic continues to affect consumer behaviour – including their approach to beer.
Hannah Dawson, head of category development for the off trade at Diageo – the firm behind Guinness – said that beer “remains a very versatile category”, that successfully taps into “a number of key trends.
“Beer is ranked as the number one category within beers, wines and spirits in the UK and the category is up 26% in value across the Scottish off trade.
“The ongoing popularity of the liquid makes it a must-stock for retailers this year. Ensuring your range of beers remains updated and relevant will be the best way to continue driving sales this year,” she said.
According to Dawson, big brands are the way to go in convenience, as consumers continue to seek out names they know and trust.
“It is worth offering a selection of much-loved, recognisable brands so that consumers can easily stock up and enjoy their
...More info on site
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Barley News
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Russia: Russia to introduce formula-based wheat export tax on June 2
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Russia is accelerating plans to switch to a formula-based tax on wheat exports, the economy minister said on February 4, as Moscow strives to curb food inflation in the COVID-19 pandemic, Reuters reported.
The switch to a formula, which will now take place on June 2, a month earlier than previously planned, will mean the tax will automatically rise in response to any increase in prices.
The move to combat domestic food inflation in Russia comes alongside measures taken by some other governments, as global prices rise. An index issued by the United Nations Food and Agriculture Organization hit a 6-1/2 year high earlier on February 4.
Russia previously imposed a series of fixed tariffs on exports, which will start from Feb. 15 and will be in place until the flexible formula is implemented.
The tax is designed to cut domestic prices as it curbs exports and therefore increases the amount of wheat available within the country.
“We expect these measures to be sufficient to stabilise, to contain the rise in wheat prices,” Economy Minister Maxim Reshetnikov told reporters.
The formula will be set at 70% of the difference between a base price of wheat per tonne and $200, he said.
The move is the third round
...More info on site
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Mexico & Australia: Heineken to start turning Aussie barley into Mexican beer
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Global brewer Heineken will start turning Aussie barley into beer as part of an export deal to Mexico, the Yahoo News Australia reported on February 5.
The new market opens at a crucial time for Australia, which in December lodged an official complaint with the World Trade Organisation over China's hiked barley tariffs.
The nation's biggest grains exporter, CBH Group, signed a deal to ship 30,000 tonnes of malting barley to Heineken Mexico, Agriculture Minister David Littleproud said on February 5.
"Latin America presents considerable and exciting opportunities for Australian grains, meat and produce," he said.
"Australian farmers and businesses are also set to benefit from better export opportunities with the signing of the Regional Comprehensive Economic Partnership Agreement between Australia and 14 other Indo-Pacific countries."
Heineken Mexico is part of the worldwide network of the Dutch brewing company and employs thousands of people.
"Mexico has a population of 127 million people, and a strong appetite for the kind of high-quality food and beverages that Australia produces," Mr Littleproud said.
Australia has been working to spread its export market since its most valuable trading partner China launched a series of strikes against products including grain, meat, timber, seafood, wine and coal.
Trade Minister Dan Tehan is scheduled to
...More info on site
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 Whisky News
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South Korea: Whisky imports plunge to 21-year low
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South Korea's imports of whisky plunged to a 21-year low in 2020 due to the coronavirus pandemic and a change in alcohol consumption here,
...More info on site
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