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RombBullet Currency rates
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 Seafreight rates
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

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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 20b
May 16 - May 19, 2013

Quote of the Week

"...there is only one game at the heart of America and that is baseball, and only one beverage to be found sloshing at the depths of our national soul and that is beer."
Peter Richmond

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Currency Rates

Base Currency: Euro
on May 17, 2013
Base Currency: US Dollar
on May 17, 2013
      1 EUR = 1.2882 USD
1 EUR = 0.8450 GBP
1 EUR = 1.3104 CAD
1 EUR = 1.3076 AUD
1 EUR = 131.7530 JPY
1 EUR = 2.6118 BRL
1 EUR = 40.5082 RUB
1 EUR = 7.9988 CNY
      1 USD = 0.7763 EUR
1 USD = 0.6559 GBP
1 USD = 1.0172 CAD
1 USD = 1.0150 AUD
1 USD = 102.2770 JPY
1 USD = 2.0274 BRL
1 USD = 31.4444 RUB
1 USD = 6.2090 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

May 17, 2013
Type Crop 2012 Crop 2013
2rs Barley 207.00-209.00 down0.48% 218.00-220.00 down0.90%
6rw Barley 203.00-205.00 - 208.00-210.00 down0.48%
2rs Malt 408.00-410.00 down0.30% 417.50-419.50 down0.58%
6rw Malt 403.00-405.00 - 405.00-407.00 down0.30%
Feed Barley 187.00-189.00 down1.05% nq 

Note: Just click here and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.

Top Industry News

Malt news Australia: GrainCorp Malt performance in H1 seen as solid ...Click here

Brewery news China: China Resources Enterprise’s beer division reports 13.3% increase in turnover in the first quarter of this year ...Click here
Brewery news Belgium & the Czech Republic: AB InBev no longer has plans to acquire Budejovicky Budvar ...Click here
Brewery news USA: New research confirms consumers shift towards craft beer ...Click here

Barley news Russia & Ukraine: Old and new crop barley trade not at its most active stage ...Click here
Barley news Argentina: Old campaign for barley finished, forecasts for new crop down from last year ...Click here
Barley news USA: Barley markets in “wait and see” mode again ...Click here

More Industry News

Malt news Germany & UK: GrainCorp Malt reorganizes its European businesses ...Click here
Brewery news Africa: SABMiller counting on local crops to expand in Africa ...Click here
Brewery news Zimbabwe: SABMiller’s Delta Corporation achieves 36% rise in FY earnings ...Click here
Barley news USA: North Dakota Barley Council chairman comments on the US malting barley industry ...Click here
Brewery news World: Diageo to toast soon the retirement of CEO Paul Walsh ...Click here

Graph of the week

Table of the week

US Barley Supply and Distribution

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Seafreight Rates

Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium

Seafreight Rates

Scientific Digest

Assessment of changes in hop resins and polyphenols during long-term storage

The storage stability of hop pellets is a concern of every brewer and it has been shown in the past that certain varieties exhibit a better storage stability than others. This study was an extensive investigation about the storage stability of the Czech hop varieties Sladek, Agnus, Saaz and Premiant. Aging of hop pellets was negilible during storage if the pellets were protected from oxygen. When exposed to oxygen, the degradation of alpha and beta acids was severe and accelerated after 6 months. In this comparison, Saaz was found to be the most stable Czech hop variety.
Read more

Source: Barth Innovations

These Days in Business History

May 16
1911 Supreme Court dissolves Standard Oil with the Sherman Antitrust Act
1930 Two Texas engineers found a company called Geophysical Service Inc. to use seismographic technology to improve the business of exploring for oil
1949 The Tokyo Stock Exchange, originally founded in 1878, reopens for business after the devastation of World War II

May 17
1892 George Sampson patents clothes dryer
1921 Belgian-Luxembourg sign customs union
1968 European Space Research Org launches 1st satellite

May 18
1801 Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London
1822 Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 European Convention on Human Rights goes into effect

May 19
1892 Charles Brady King invents pneumatic hammer
1913 William Reddington Hewlett is born, American Businessman
1939 1st regular transatlantic airmail (New York to Marsseille France)

May 2013:
16-01 June: The Czech Beer Festival 2013 (Prague, the Czech Republic)
22-25: Pivo (Beer) 2013 (Sochi, Russia)
23-25: Copenhagen Beer Festival 2013 (Copenhagen, Denmark)
24-26: The Annual International Beer Festival Latviabeerfest 2013 (Riga, Latvia)
26-30: European Brewery Convention 2013 (Luxembourg)
29-02 June: Mondial de la Biere (Montreal, Canada)

June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
Field Day Russia 2013

July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)

August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)

September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
Beer Conference Moscow Russia 2013
16-20: Drinktec 2013 (Munich, Germany)
21-06 October: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)

October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30-01 November: The Latin American Barley Congress(Bahia Blanca, Argentina)

More events are available on site e-malt.com

MaltMalt News Malt

Malt newsAustralia: GrainCorp Malt performance in H1 seen as solid
GrainCorp reported on May, 16 strong first half earnings of A$227 million EBITDA (HY12: A$235 million) and net profit after tax (NPAT) of A$109 ...More info on site

Malt newsGermany & UK: GrainCorp Malt reorganizes its European businesses
GrainCorp Malt, the parent company of German maltster, Schill Malz, and the UK maltster, Bairds Malt, announced this week that it will implement a ...More info on site

BreweryBrewery News Brewery

Brewery newsChina: China Resources Enterprise’s beer division reports 13.3% increase in turnover in the first quarter of this year
China Resources Enterprise, Limited said on May, 16 its beer division reported turnover of HK$6,548 million and an attributable loss of HK$23 million, respectively ...More info on site

Brewery newsBelgium & the Czech Republic: AB InBev no longer has plans to acquire Budejovicky Budvar
Brewing giant Anheuser-Busch InBev says it no longer has plans to acquire Czech brewer Budejovicky Budvar, with whom it has been fighting a long ...More info on site

Brewery news USA: New research confirms consumers shift towards craft beer
According to Chicago-based research firm Mintel, consumers who were of legal drinking age in 2012 are the most likely to report increased consumption of beer (14 percent), which includes 7 percent of respondents who are drinking more craft beer in 2013 compared to 2012.

In addition, discovery of new beers is popular with 93 percent of imported beer drinkers, 88 percent of domestic fans and 84 percent of craft beer consumers.

Mintel released these new insights as the industry celebrates American Craft Beer Week.

Broken down by demographics, craft beers appeal to 49 percent of Millennials and 40 percent of those in Generation X. However, only 29 percent of Baby Boomers and 22 percent of the Swing Generation/World War II demographic find the segment appealing, the research firm added.

Hispanic consumers also turn to craft beer, with 38 percent indicating that they drink craft beer at any time. However, Mintel also found there is room to capture more of the Hispanic market -- 58 percent of Hispanics over 21 years old report drinking domestic beer and 55 percent of Hispanics drink imported beer.

In addition, 73 percent of craft beer drinkers say they usually know what brand of beer they are going to buy before ...More info on site

Brewery news Africa: SABMiller counting on local crops to expand in Africa
SABMiller plc is counting on cassava and other local crops such as sorghum to expand in Africa, where it estimates homebrews or cheap spirits account for some three-quarters of all alcohol consumed, Bloomberg reported on May, 16.

Brewers in recent years have increasingly emphasized high-end brands to boost margins by getting drinkers to spend more on each beer they consume. While SABMiller’s cassava-based Eagle beer is far from a premium product, it represents a similar strategy because for the majority of Africa’s population the beer is an indulgence that costs more than twice what homebrews do.

Emerging markets are key for brewers. The three biggest are based in Western Europe where austerity and a prolonged economic slump have cut into consumption. SABMiller, which traces its roots to South Africa, gets more of its sales outside of Europe and North America than the others, which has helped keep its estimated price-earnings ratio at the highest of its peer group.

Shares of London-based SABMiller have rallied about 60 percent since November 2011, when it launched its first cassava-based beer, Impala, in Mozambique. Impala now accounts for more than 5 percent of Cerveceria de Mocambique’s volume.

“There is a lot of opportunity in Africa, but you want ...More info on site

Brewery news Zimbabwe: SABMiller’s Delta Corporation achieves 36% rise in FY earnings
SABMiller's Zimbabwe unit reported a 36 percent rise in full-year earnings on May, 15, driven by strong sales of premium lager and non-alcoholic beverages, The Economic Times said.

Delta Corporation, 38 percent owned by global brewing giant SABMiller, said earnings per share rose to 8.49 cents in the year ending March, up from 6.22 cents previously.

After-tax profit rose to $104 million, compared to $72 million in 2012.

Zimbabwe's economy, which had grown by nearly double digit figures from 2009 to 2011, was expected to grow 5 percent this year after a sharp slowdown in 2012.

Elections planned for later this year could pose risks for the fragile economy in the southern African country where previous polls have been marred by deadly violence.

Brewery news World: Diageo to toast soon the retirement of CEO Paul Walsh
Diageo, the British company behind spirits like Guinness, Johnnie Walker Scotch and Smirnoff vodka, will soon toast the retirement of its long time chief, Paul S. Walsh. The veteran executive plans to pass the top job to COO Ivan M. Menezes at the beginning of July, the company announced earlier this month.

Walsh, who managed an impressive expansion of Diageo’s business, will remain for a year to ease the transition. He plans to retire in June 2014. Under Walsh, Diageo’s stock rose more than 250%, as he maneuvered the company into faster-growing emerging markets. “The handover is being made at a time when the business is strong and Ivan takes on the role of chief executive officer at an exciting stage of the company’s global development,” says Diageo Chairman Franz B. Humer.

Walsh made no secret of this succession planning, telling The Wall Street Journal last year, “I think every CEO should take the issue of succession planning very, very seriously. My job is to give the board options. It’s pretty clear…that Ivan is the lead internal candidate. There are many other talented players in this business as well, but Ivan is the lead player.”

Menezes played a role in Walsh’s growth plans, ...More info on site

BarleyBarley News Barley

Barley newsRussia & Ukraine: Old and new crop barley trade not at its most active stage
There are no competitive offers of old crop Black Sea feed barley in the market at the moment, industry analysts said in a report ...More info on site

Barley newsArgentina: Old campaign for barley finished, forecasts for new crop down from last year
The old campaign seems to be finished for feed and malting barley in Argentina, sources report. Forecasts for the new crop acreage differ from ...More info on site

Barley newsUSA: Barley markets in “wait and see” mode again
The delayed planting scenario in the prime barley producing regions has moved the barley markets in to a “wait and see” mode of action, ...More info on site

Barley news USA: North Dakota Barley Council chairman comments on the US malting barley industry
North Dakota Barley Council chairman Doyle Lentz attended the World Barley, Malt and Beer Conference in Madrid, Spain and addressed those attending on what the United States is doing to stabilize and perhaps even expand barley acres in the U.S, Farm & Ranch Guide reported on May, 16.

This was the seventh gathering for this group, which was held in mid-March. Hosted biennially since 2001, the three-day event is attended by more than 300 people from about 40 countries.

“When we started seeing a decline in barley acres in the U.S., we started going to these so we could get a feel for what was going on in the world,” Lentz said. “When these conferences first started there was no problem with barley supply in other parts of the world. But now those other areas of the world are seeing a decline in barley acres as growers switch to other crops.”

“So all of a sudden they are quite interested in what we have done in the U.S.,” he said.

In his presentation titled “Challenges to the barley supply chain in a ‘specialty crop environment’ – ideas to prevent the U.S. scenario”, Lentz outlined how barley has basically become a specialty crop with most ...More info on site

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