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Flash Summary
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E-Malt.com Flash 24b
June 13 - June 16, 2013
Quote of the Week
"If opportunity doesn’t knock, build a door"
Milton Berle
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Currency Rates
Base Currency: Euro
on June 14, 2013 |
Base Currency: US Dollar
on June 14, 2013 |
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1 EUR = 1.3341 USD
1 EUR = 0.8509 GBP
1 EUR = 1.3594 CAD
1 EUR = 1.4003 AUD
1 EUR = 126.3910 JPY
1 EUR = 2.8726 BRL
1 EUR = 42.9324 RUB
1 EUR = 8.2267 CNY
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1 USD = 0.7496 EUR
1 USD = 0.6378 GBP
1 USD = 1.0189 CAD
1 USD = 1.0496 AUD
1 USD = 94.7396 JPY
1 USD = 2.1531 BRL
1 USD = 32.1796 RUB
1 USD = 6.1663 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 14, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
201.00-203.00 |  |
211.00-213.00 | |
| 6rw Barley |
195.00-197.00 |  0.51% |
202.00-204.00 | |
| 2rs Malt |
401.00-403.00 | |
409.00-411.00 | |
| 6rw Malt |
394.00-396.00 | 0.31% |
398.00-400.00 | 0.31% |
| Feed Barley |
178.00-180.00 | 0.56% |
178.00-180.00 | |
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.
Belgium: Beer consumption declines and registers its lowest level ever
...Click here
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Philippines: The relisting of San Miguel Brewery Inc. not to happen soon
...Click here
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Turkey: Anadolu Efes falls to the lowest level in a year after President approves a law on alcohol ban
...Click here
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Ukraine: Carlsberg to close one of its Ukrainian breweries if beer taxes rise
...Click here
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Canada & USA: Barley seeding progress good in Canada, planting delays continue in the US
...Click here
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UK: New barley varieties added to malting and brewing list
...Click here
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Argentina: Barley plantings may decrease by 15% this year
...Click here
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World: Present total grain crop outlook seen as just average
...Click here
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EU: Rainfalls and floods in Central EU may lead to imports of 200 thousand tonnes of barley from Western Europe
...Click here
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Australia: The Grain Trade Australia refuses to ban on-farm drying of malt barley
...Click here
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Italy: Craft brewers grow and add variety to the beer market
...Click here
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Australia: Consumption of craft beers continues to grow
...Click here
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Graph of the week
Table of the week
EU-28 Total Barley and Malting Barley Production
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
New insights into the delicacy of dry hop aroma
ABSTRACT
We know that a dry hop aroma is a very delicate quality that is easily lost. This presentation provided some answers to why this is happening. One known enemy is of course oxygen, so some flavour active compounds, e.g. monoterpenes, are easily lost due to oxidation. In this context antioxidants are crucial to support the delicate dry hop flavours. Also fruity aromas can be lost due to biotransformation by the yeast. Also if yeast is present, the flavour contribution of glycosides is not clear since both parts of it (sugar part and aglycones) can be metablised. In conclusion, a dry hop aroma derived from a yeast and oxygen free environment may have a greater chance to reach the consumers olfactory system.
Read more
Source: Barth Innovations
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These Days in Business History
June 6
1875 Netherlands goes on the gold standard
1882 Electric iron patented by Henry W Seely, New York City
1925 Walter P. Chrysler founds the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co.
June 7
1775 United Colonies change name to United States
1887 Monotype type-casting machine patented by Tolbert Lanston
1965 Sony Corp introduced its home video tape recorder
June 8
1824 Washing machine patented by Noah Cushing of Quebec
1916 Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 Tim Berners-Lee, future inventor of the World Wide Web, is born in London
June 9
1822 Charles Graham patents false teeth
1869 Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1994 Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
Agenda
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)
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)
16-20: Drinktec 2013 (Munich, Germany)
21/09 -06/10: 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)
30/10 - 01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
More events are available on site e-malt.com
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Brewery News
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Belgium: Beer consumption declines and registers its lowest level ever
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Beer consumption per capita in Belgium registered the lowest level ever. Last year, it dropped to 74 liters, according to official figures in the
...More info on site
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Philippines: The relisting of San Miguel Brewery Inc. not to happen soon
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San Miguel Corp. (SMC) President Ramon S. Ang said the relisting of beer unit San Miguel Brewery Inc. (SMB) may take some time after
...More info on site
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Venezuela: Beer prices increased by 92%
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The economic crisis that the Venezuelan president, Nicolas Maduro, is facing affects up bohemian habits of citizens. The price of a beer box (36-returnable
...More info on site
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Turkey: Anadolu Efes falls to the lowest level in a year after President approves a law on alcohol ban
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Anadolu Efes Biracilik & Malt Sanayii AS, the beermaker part owned by SABMiller Plc, retreated to the lowest level in a year after President
...More info on site
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Ukraine: Carlsberg to close one of its Ukrainian breweries if beer taxes rise
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Carlsberg has claimed that it will be forced to close one of its Ukrainian breweries if a three-fold duty hike on beer goes through,
...More info on site
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Japan: Weaker yen boosts craft beer market
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The government will continue to strive for a weaker yen to help boost Japanese exports. The flipside of that, however, is that a weaker yen will drive up the consumer prices of imported products, including imported beer, Japan Daily Press reported on June, 11.
Japan is generally a beer-drinking culture, and imported beers are heavily consumed. But small local breweries – makers of locally made craft beers – are hoping that the economic situation will drive more people to opt for locally brewed ale.
Naoyuki Ide, president of Yo-Ho Brewing Co., is boosting production output and capacity at his microbrewery in Nagano by 50 percent this year. He is betting and anticipating the currency’s decline that will eventually force importers to raise prices for foreign brands, giving local craft brewers a competitive edge. “If the yen weakens more, they’ll have to increase import beer prices in the near future,” said Ide. “Import beers cater to people’s growing taste for beer with character, but if customers are looking for something distinct, they may choose our beer instead, because it’ll be cheaper,” he added hopefully.
Data from 2012 show optimistic numbers, as import beer volume fell to 40.7 mln liters in 2012 from
...More info on site
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Italy: Craft brewers grow and add variety to the beer market
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Italy was not a country one visited for its beer 20 years ago. Today the situation has changed and the craft beer movement is flourishing, Brewers’ Guardian reported on June, 11.
With openings almost weekly, it is difficult to pinpoint the exact number of breweries in the country, but consumer website microbirrifici.org currently lists 551 – and this is from a standing start in the mid-1990s.
In the early 1990 beer in Italy was largely a two-tiered affair. Bars mostly sold pilsners designed to quench thirsts. Supermarkets sold much the same products but were also lined with strong, syrupy beers, often imported.
Today there’s much greater variety. A scan of the 24 categories judged at this year's Birra dell'Anno (Beer of the Year) contest reveals Kolsch-style beers, IPAs, weizens and Abbey ales.
As such, Italian craft products are able to command a premium. Drinkers pay around €5 for a glass (40 cl) of 'artisan' beer in a pub or bar. A 750 ml bottle in a shop or restaurant runs to €11 or more.
Nevertheless, the Italian beer market is under pressure. The national trade association, AssoBirra, reports that per capita consumption in 2011 was 29.0 litres, a drop from 31.1 litres
...More info on site
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Australia: Consumption of craft beers continues to grow
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The brewing industries in many countries are undergoing dramatic changes, with increasing numbers of craft breweries challenging the traditional volume-based business model of major corporations, Marketing Magazine reported on June, 11.
In the US for example, more than 400 breweries opened in 2012, an increase of 17% from the year before. Craft beer continues to grow even when beer consumption overall is declining in many markets around the world. This certainly seems to be the trend in countries like the US, Canada, New Zealand and indeed Australia.
In 1990, the centralisation of the Australian beer industry seemed complete; three companies controlled the market and the whole country had just 11 breweries. Yet this seems to have been the turning point rather than the end state: 20 years later the craft beer sector had well and truly made its entrance so that by 2013, Australia’s beer industry consists of over 130 breweries.
The trend suggests craft breweries have found a niche market where the large breweries find it hard to compete.
While beer consumption in Australia has decreased steadily every year since 1979, consumers increasingly demand quality beers and the consumption of craft beers is increasing. ABC news reported that the consumption of craft beer
...More info on site
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Barley News
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Canada & USA: Barley seeding progress good in Canada, planting delays continue in the US
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StatsCan forecast of Canada’s barley crop is 8.5 mln tons vs. 8.0 last year. On the 29th of May, 71% of the intended barley
...More info on site
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UK: New barley varieties added to malting and brewing list
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Just three of the six newly recommended barley varieties have progressed to the next stage of the Institute of Brewing and Distilling’s approval process,
...More info on site
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Argentina: Barley plantings may decrease by 15% this year
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Argentina’s government promised tax rebates against the export tax of wheat. Farmers were not enchanted with their last barley campaign anyway, so that forecasts
...More info on site
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World: Present total grain crop outlook seen as just average
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Global grain crops are up by 130 mln tons, after last year´s corn and soybean crop disaster in the U.S. and poor grain crops
...More info on site
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EU: Rainfalls and floods in Central EU may lead to imports of 200 thousand tonnes of barley from Western Europe
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Central and Southeast Central EU from Poland to Hungary had the most difficult conditions from late planting till the torrential rainfalls and floods of
...More info on site
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Australia: The Grain Trade Australia refuses to ban on-farm drying of malt barley
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The Grain Trade Australia (GTA) Standards Committee has removed a proposal to ban on-farm drying of malt barley, Merredin - Wheatbelt Mercury reported on June, 11.
A storage operator put forward the proposal in the initial round of submissions on the committee's annual review of grain standards, citing deliveries of malt barley that had poor germination results attributable to incorrect on-farm drying.
The proposal was included as part of the draft standards released by the committee earlier this year for industry consideration.
Sound and reasoned submissions were received from WA, arguing the use of on-farm grain dryers for malt barley was accepted practice and critical to growing malt barley in many regions.
GTA chief executive Geoff Honey said the result was a clear indication of the effectiveness of the process.
"Every year we accept submissions to the review of grain standards and then circulate a draft for further input from all sectors of the industry," Mr Honey said.
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