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Flash Summary
Last five Flashes
Last five graphs
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E-Malt.com Flash 42b
October 17 - October 20, 2013
Quote of the Week
"Courage is resistance to fear, mastery of fear, not absence of fear."
Mark Twain
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Currency Rates
Base Currency: Euro
on October 18, 2013 |
Base Currency: US Dollar
on October 18, 2013 |
| |
1 EUR = 1.3605 USD
1 EUR = 0.8474 GBP
1 EUR = 1.4025 CAD
1 EUR = 1.4190 AUD
1 EUR = 133.6720 JPY
1 EUR = 2.9614 BRL
1 EUR = 43.5973 RUB
1 EUR = 8.3391 CNY
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1 USD = 0.7351 EUR
1 USD = 0.6229 GBP
1 USD = 1.0309 CAD
1 USD = 1.0431 AUD
1 USD = 98.2602 JPY
1 USD = 2.1768 BRL
1 USD = 32.0458 RUB
1 USD = 6.1295 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 18, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
186.00-188.00 |  0.53% |
| 6rw Barley |
175.00-177.00 | 1.12% |
| 2rs Malt |
378.00-380.00 | 0.32% |
| 6rw Malt |
364.50-366.50 | 0.67% |
| Feed Barley |
170.00-172.00 | 1.72% |
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.
World: SABMiller reports 3% lager volume growht in Q2 2013
...Click here
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World: Diageo’s first-quarter revenue growth affected by declining sales in Europe and slowdown in some emerging markets
...Click here
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Russia: Beer output down 9% in the first nine months of this year
...Click here
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World: Budweiser ranked as world’s 31st most valuable brand this year
...Click here
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EU: Malting barley quality very good in most EU nations this year
...Click here
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China: China forecast to import a record barley quantity in 2013/14
...Click here
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USA: Feed barley prices decline, malting barley holds steady
...Click here
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UK: Barley production the highest since 1997 this year
...Click here
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Belgium & USA: Belgium’s Duvel Moortgat acquires Boulevard Brewing Company of Kansas City
...Click here
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Australia: Victoria Bitter sales growth offset by decline in demand for Carlton Draught in the last six months - SABMiller
...Click here
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USA: Consumer sues Anheuser-Busch for “misleading” Beck’s beer advertising and packaging
...Click here
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Malaysia: Malaysia losing huge revenues to beer smuggling
...Click here
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EU: The Brewers of Europe welcome new report recognizing the job-generating potential of the beer sector
...Click here
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Singapore: Asia Pacific Breweries’ Singapore top executive leaving the company
...Click here
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Graph of the week
Table of the week
France Barley Supply and Distribution
Barley Prices
Theoretical Malt Prices
Scientific Digest
From wort to beer, the evolution of hoppy aroma
ABSTRACT
A team of researchers took a deeper look
into the evoluation of hoppy aroma of single hop
beers according to brewing regime. They found
that the level and composition of the floral and
sesquiterpenoid hop oil fraction significantly
changes through the brewing process. Fermentation and centrifugation were identified as
the crucial process steps. They also found that
methyl esters, branched esters, terpenoids as well
as oxidized derivatives of alpha-humulene and
beta-caryophyllene are characteristic for early and
late kettle hopped wort. Highest concentrations of
geraniol and linalool are found in the late hopped
wort. Although dry-hopping has a predominantly
quantitative influence on the volatiles, high
concentrations of compounds like β-citronellol
were found to be characteristic for dry hopping,
which partly explains the often more intense fruity
and citrusy characters of dry hopped beers.
Read more
Source: Barth Innovations
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These Days in Business History
October 17
1977 Mother Teresa of India, awarded Nobel Peace Prize
1987 Phillip Morris announces $11 Billion tender offer for Kraft
1929 Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young
October 18
1878 Edison makes electricity available for household usage
1972 American Congress authorizes bi-centennial quarter, half-dollar & dollar coin
1973 Nobel Prize for economy awarded to Wassily Leontief
October 19
1819 Joseph C Juglar is born, French physician/economist, Crises Commercial
1987 Wall Street takes its worst plunge of the modern era, as the Dow loses 508 points, or 22.6% (the worst daily loss on record), to close at 1738.74.
1988 Friedrich Weinreb, Polish/Neth theologist/economist, dies at 77
October 20
1928 magnate/multi-millionaire Ken Morrison was born, executive chairman of the Wm Morrison Supermarkets plc, the fourth largest chain of supermarkets in the United Kingdom
1983 IBM-PC DOS Version 2.1 released
1973 OPEC oil embargo begins
Agenda
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10-01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
November 2013:
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
February 2014:
02-05: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
19-22: National Winter Ales Festival 2014 (Derby, UK)
March 2014:
12-15: Brazilian Beer Festival (Blumenau, Brazil)
18-19: Food and Drink Technology Africa 2014 (Johannesburg, South Africa)
23-28: IBD Convention - Asia Pacific Section (Ho Chi Minh City, Vietnam)
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
More events are available on site e-malt.com
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Brewery News
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World: SABMiller reports 3% lager volume growht in Q2 2013
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SABMiller Plc, the world’s second-biggest brewer, reported a resumption of quarterly volume growth as market conditions improved in Europe and North America and emerging-market
...More info on site
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World: Diageo’s first-quarter revenue growth affected by declining sales in Europe and slowdown in some emerging markets
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Diageo Plc, the world’s biggest distiller, reported on October 16 slower first-quarter revenue growth than analysts anticipated amid declining sales in Europe and a
...More info on site
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Russia: Beer output down 9% in the first nine months of this year
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Russia’s beer output in January – September 2013 declined by 9% as compared to the same period last year, Rosstat data showed earlier this
...More info on site
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World: Budweiser ranked as world’s 31st most valuable brand this year
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Budweiser ranked as the world’s 31st most valuable brand, according to a 2013 report by Interbrand, a brand consulting company that is part of
...More info on site
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Belgium & USA: Belgium’s Duvel Moortgat acquires Boulevard Brewing Company of Kansas City
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Duvel Moortgat, the Belgian owners of Brewery Ommegang in Cooperstown, N.Y. will purchase Boulevard Brewing Company of Kansas City, Mo. in a deal that
...More info on site
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Australia: Victoria Bitter sales growth offset by decline in demand for Carlton Draught in the last six months - SABMiller
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The continued resurgence of Victoria Bitter over the last six months was offset by a decline in Carlton Draught, SABMiller reported on October 17.
SABMiller said VB was up five per cent for the six months to September 30, “although this positive performance was offset by a decline in Carlton Draught”, while Crown Lager volumes grew by 10 per cent.
Peter Filipovic, director of sales at subsidiary Carlton & United Breweries (CUB), said the figures showed the rejigged Victoria Bitter and Crown Lager were resonating with drinkers, and in a tough beer market, the brewer had to keep the momentum going.
“There is no doubt that beer continues to be a very challenging category and we have invested significantly in developing strategies to grow the beer and cider categories for all of us,” he said.
“We’re committed to working with all our partners to keep raising the profile of beer and cider.”
SABMiller said Peroni Nastro Azzurro continued to grow strongly in Australia, up 25 per cent. Total domestic volumes, including discontinued brands, were down by seven per cent.
“We’re talking to our customers now about some great promotions over summer, particularly around cricket, that we reckon will have drinkers looking for Victoria
...More info on site
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USA: Consumer sues Anheuser-Busch for “misleading” Beck’s beer advertising and packaging
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Missouri water isn’t the same as the water from German rivers, according to a Beck’s beer drinker who’s suing Anheuser-Busch, St. Louis Post Dispatch reported on October 18.
A Florida resident has filed a lawsuit against A-B, alleging that the brewer is leading customers to believe that Beck’s beer sold in the United States is brewed in Germany.
A-B denies the allegation, saying that Beck’s beer sold in the U.S. is clearly labeled as being made in America.
Francisco Rene Marty filed a federal lawsuit in the U.S. District Court, Southern District of Florida, on Oct. 9, claiming A-B’s advertising and packaging mislead customers to pay more for a beer they incorrectly believe is an import. The lawsuit seeks class action status on behalf of Beck’s beer drinkers.
St. Louis-based A-B is the North American headquarters of AB InBev, which owns the Beck’s brand. Beck’s, a pilsner style beer, was founded in Germany.
After Belgium-based InBev’s purchase of A-B in 2008, production of Beck’s sold in the U.S. shifted to A-B’s brewery in St. Louis, drawing the ire of some customers who say they can detect a difference.
Beck’s label includes text that says “Product of USA” and “St. Louis, MO.” But Marty’s lawsuit alleges this
...More info on site
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Malaysia: Malaysia losing huge revenues to beer smuggling
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Malaysia is now losing huge revenues to cheap imported beer, much of it being smuggled in without taxes being paid.
Due to high import duties on beer, many smugglers have been smuggling beer in illegally. Current estimates conclude that Malaysia may be losing as much as RM 250 million to beer smuggling, Value Walk reported on October 17.
While Malaysia is a Muslim country, it is also a big drinking country. In fact, the World Health Organisation reports that Malaysia is the 10th highest beer consuming country in the world. Malaysia officially spent over 1.5 billion ringgit on beer in 2010, with about 11 litres of beer consumed per person. It should come as no surprise then that the government may be losing hundreds of millions of dollars in revenue to smugglers.
As Malaysia is a moderate Muslim country and home to millions of non-Muslim people, the government has generally taken a lax stance towards alcohol consumption. It does, however, charge high import duties on any alcohol imported into the country. Indeed, the mark up of beer and alcohol can be has high as 300% or more when compared to neighboring countries such as Thailand and Cambodia.
Given the high import duties, smugglers
...More info on site
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EU: The Brewers of Europe welcome new report recognizing the job-generating potential of the beer sector
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The Brewers of Europe have welcomed a new report adopted by the European Economic and Social Committee (EESC) that recognizes the potential of the beer sector to generate jobs and growth.
This new report calls on EU policymakers and member states to back the beer sector. It presents the important role of the brewing sector in providing jobs both as a direct employer and as part of the hospitality sector value chain.
According to the report, breweries in the EU provide over 128,800 direct jobs and that two million jobs can be attributed to the sale of beer, about 1% of all EU jobs.
The Brewers of Europe secretary general Pierre-Olivier Bergeron said that the new report shows that Europe's brewers remain global leaders and that they have adapted in the face of economic crisis.
"However, the report makes clear that there is untapped potential in our sector and that supportive taxation and trade policies, along with full recognition of the important role of the hospitality sector, can help us maintain our global standing and provide growth and jobs," Bergeron added.
The report also provides recommendations on how brewing companies and policymakers can manage 21st century challenges in the areas of market and structural trends,
...More info on site
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Singapore: Asia Pacific Breweries’ Singapore top executive leaving the company
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Asia Pacific Breweries' (APB) top executive for Singapore is the latest senior manager to leave the Tiger Beer brewer, BT Premium reported on October 17.
Bennett Neo, regional director for Singapore, Indochina and Exports, will serve out his last day at the end of the year to pursue "new challenges" outside of the industry, according to him and APB spokesman Mark Campbell.
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Barley News
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EU: Malting barley quality very good in most EU nations this year
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The quality of malting barley is very good in most EU countries, even in the troubled Central EU countries there are regions with perfectly
...More info on site
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China: China forecast to import a record barley quantity in 2013/14
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After a really bad harvest in the east and in Inner Mongolia, China will have to import a record barley quantity in 2013/14, estimates
...More info on site
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Canada: Barley production up 18% in 2013-14
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For 2013-14, Canada’s barley production is estimated to increase 18% to 9.4 mln tonnes due to record yields but record low carry-in stocks will
...More info on site
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USA: Feed barley prices decline, malting barley holds steady
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Over the past two weeks, the US feed barley prices have gone over the cliff, with a 60-cent drop in prices that pulled them
...More info on site
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UK: Barley production the highest since 1997 this year
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Defra released on October 17 provisional area, yield and production data showing that spring barley yields were the highest on records back to 1994
...More info on site
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