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Flash Summary

RombBullet Quote of the week
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 Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles




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Last five tables

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 43b
October 24 - October 27, 2013

Quote of the Week

"A little bit of beer is divine medicine."
Paracelsus, Greek physician

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Currency Rates


Base Currency: Euro
on October 25, 2013
Base Currency: US Dollar
on October 25, 2013
      1 EUR = 1.3796 USD
1 EUR = 0.8525 GBP
1 EUR = 1.4345 CAD
1 EUR = 1.4334 AUD
1 EUR = 134.3190 JPY
1 EUR = 3.0329 BRL
1 EUR = 43.7830 RUB
1 EUR = 8.4491 CNY
      1 USD = 0.7249 EUR
1 USD = 0.6180 GBP
1 USD = 1.0398 CAD
1 USD = 1.0391 AUD
1 USD = 97.3675 JPY
1 USD = 2.1984 BRL
1 USD = 31.7370 RUB
1 USD = 6.1245 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


October 25, 2013
Type Crop 2013 Crop 2014
EUR % EUR %
2rs Barley 189.00-191.00 up1.06% 197.00-199.00 up0.51%
6rw Barley 178.00-180.00 up0.56% 185.00-187.00 -
2rs Malt 382.00-384.00 up0.65% 391.50-393.50 up0.31%
6rw Malt 368.50-370.50 up0.33% 377.00-379.00 -
Feed Barley 172.00-174.00down1.14% 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


Brewery news Denmark & China: Carlsberg to invest $98.4 mln to upgrade production lines in Sichuan ...Click here
Brewery news Ukraine: Beer output and export down in January – September 2013 ...Click here
Brewery news Ireland: Heineken Ireland CEO calls on the Government to reverse the planned increase in beer excise ...Click here

Barley news EU: Barley yield higher than the five-year average ...Click here
Barley news Canada: Canada reports record barley yields and active exports this year ...Click here
Barley news Australia: Barley crop estimates upgraded to up to 9 mln tons ...Click here

Whisky news World: Pernod Ricard warns profit growth would slow because of a weaker demand in China ...Click here


More Industry News


Barley news UK: Defra publishes provisional barley supply and demand report ...Click here
Brewery news Denmark: Carlsberg aims to remove a rule in its charter determining the majority shareholder’s minimum stake ...Click here
Barley news World: Feed barley exports from the EU increase this year ...Click here
Brewery news The Czech Republic: Pilsner Urquell raises prices of its bottled and canned beer ...Click here
Brewery news USA: Tax and Trade Bureau resumes its activities as government shutdown ends ...Click here
Barley news USA: USDA crop reports will continue to be released during CME Group Inc trading hours ...Click here
Barley news USA, ID: Idaho malting barley contract prices are higher than expected ...Click here
Brewery news UK: Scottish brewer releases the world’s strongest beer at 67.5% ...Click here

Graph of the week



Table of the week

Latin America Beer Production by Country 2000 - 2012s

Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


The answer to a lot of questions?


ABSTRACT
The dream of all hop aroma researchers is to identify all sensory relevant components that cause the different unique hop aromas in beer. Maybe Inui et al have come pretty close to answering at least some important related questions. Brewing five single variety trial beers (with Hallertauer Mittelfrueh, Hallertauer Tradition, Saaz, Perle, Cascade) they looked into the correlation of six specified sensory aroma characteristics in beer with analytical results of GCxGC/TOF-MS measurements. The relevant components to six generic hop aroma characteristics were verified by multivariate analysis of organoleptic evaluation together with component analysis results. Those components with significant differences among five hopped beers were selected. These initially 297 could further be narrowed down to 67 compounds. Their conclusion is that hop aroma in beer probably consists of more than 100 compounds, and some of these are only present below their threshold concentration. However, these compounds may show influences on aroma or flavor in beer by the effect of other coexisting compounds in beer. Therefore, it is incomplete to estimate the key components in hoppy aroma in beer just from thresholds and GC-O results.
Read more

Source: Barth Innovations

These Days in Business History


October 24
1836 A. Phillips patents the match
1857 World's 1st football club, Sheffield FC, founded in England

October 25
1492 Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 Tappan sells 1st microwave oven
1960 1st electronic wrist watch placed on sale, New York City

October 26
1952 Chevrolet unveils V-8 engine
1954 Walt Disney's 1st television program, "Disneyland," premieres on ABC
1956 U.N.'s International Atomic Energy Agency statute approved

October 27
1969 Nobel prize for economy awarded to John Tinbergen
1984 Hepatitis virus is discovered
1997 Intel Corp buys Digital Equipment for $700 million

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
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




BreweryBrewery News Brewery


Brewery newsDenmark & China: Carlsberg to invest $98.4 mln to upgrade production lines in Sichuan
Carlsberg has signed a deal to invest 600 million yuan ($98.4 million) to upgrade production lines in Sichuan, representing a major drive to expand ...More info on site


Brewery newsUkraine: Beer output and export down in January – September 2013
Ukraine’s beer output in January – September this year is estimated to have declined by 6.4% to 22.76 mln hl, Ukrpivo reported earlier in ...More info on site


Brewery news Ireland: Heineken Ireland CEO calls on the Government to reverse the planned increase in beer excise
The head of Heineken Ireland has called on the Government to reverse the 18 per cent increase in excise on beer, saying it will be damaging for publicans, exports, tourism and jobs, The Irish Times reported on October 25.

Maggie Timoney criticised the Government’s decision to levy a second consecutive year of excise increases on alcohol, saying the average price of an alcoholic drink in Ireland is now among the most expensive in Europe.

While the lower VAT rate will have a positive impact on publicans, she said the excise increase on alcohol prices could lead to further pub closures and job losses.

Roughly 1,000 pubs have closed in the past five years, with per capita consumption down one-third since 2000, she said.

“The excise is so egregious we need to look for a reversal of that 18 per cent excise. We need to start rebuilding the economy and help publicans,” she said.

She said the excise duty has increased by nearly 40 per cent in the last two years, which would affect pubs, tourism and exports.

“We need to fuel the economy. The pub is the hub of the community. We need to help the publicans out, not add more taxes that is going to ...More info on site


Brewery news Denmark: Carlsberg aims to remove a rule in its charter determining the majority shareholder’s minimum stake
Danish brewer Carlsberg said on October 25 its majority stakeholder, the Carlsberg Foundation, aims to remove a rule in its charter which says that the foundation is obliged to own at least 25 percent of the company.

The company also said its Supervisory Board intends to propose at the next annual shareholders' meeting that dividend payouts should equal at least 25 percent of adjusted net profit.

"If such a payout ratio had been applied for 2012, the dividend paid would have been more than 50 percent higher," the company said.


Brewery news The Czech Republic: Pilsner Urquell raises prices of its bottled and canned beer
The leading Czech beer producer, Pilsner Urquell, has announced a slight increase in the prices of its bottled and canned beer on the domestic market. The Plzeň-based group says it will not raise the price of its world-famous brew sold in kegs and tanks, ostensibly to attract more people to pubs and restaurants. But experts say the move will do little to reverse the trend which has seen more and more Czechs having a beer at home rather than out on the town, Radio.cz reported on October 24.

Every autumn, Pilsner Urquell raises the prices of its beer to match the inflation and higher ingredient costs. This year, however, the increase will only apply to its bottled and canned beer, and will be very moderate – on November 1, the prices of bottled Urquell, Gambrinus, Radegast and Velkopopovický Kozel will rise by 0.7 percent. Kateřina Krásová is a spokeswoman for Pilsner Urquell, part of the multinational brewing company SABMiller.

“The current price adjustment will only affect beer in bottles and cans; the prices of kegs and tank beer will remain the same. We believe this will also contribute to our efforts to support beer culture in the Czech Republic, and it will ...More info on site


Brewery news USA: Tax and Trade Bureau resumes its activities as government shutdown ends
The Alcohol and Tobacco Tax and Trade Bureau (TTB) — the federal agency that approves new beer labels and brewing companies – is once again operational following a 16-day government shutdown that ended October 17, reports Brewbound.

“We understand that the shutdown imposed hardships on many of you, the industry members we regulate, and on the public we serve,” the agency wrote On October 22 in its newsletter. “We want to assure you that TTB is committed to reducing the impact of the shutdown in as many ways as possible, and as quickly as possible, to lessen the effects on your business operations.”

The branch officially resumed its operations last Thursday, October 17.

The TTB said it is currently reviewing brewing applications and label submissions that were automatically rejected during the shutdown. It will also add 21 days to the status date for all applications that were in a “needs correction” status prior to the shutdown.

The backlog could have delayed the production of some seasonal craft beer offerings, like New Belgium Brewing’s new Spring Blonde. Earlier this month, New Belgium spokesman Bryan Simpson told USA Today that the company would need to pay extra for rush delivery of its new labels if the ...More info on site


Brewery news UK: Scottish brewer releases the world’s strongest beer at 67.5%
Scottish brewer Brewmeister has released the world’s strongest beer named Snake Venom at a whopping 67.5%. The new product beats their own record beer Armageddon at 65%, which was released last year, Brewbound reported on October 24.

The beer contains special ingredients to achieve such a high volume of alcohol including smoked peat malt and two types of yeast: beer yeast and champagne yeast.

Unlike normal beers, Snake Venom is freeze distilled, a process whereby the fermented beer is frozen and ice is removed to increase the concentration of beer.

Lewis Shand of Brewmeister said, “Unlike Armageddon, Snake Venom is not designed to mask the taste of the alcohol. The alcohol is very strong but the beer still tastes like a beer rather than a spirit. It’s hoppy, malty and very pleasant”.

Snake Venom is so strong that Brewmeister has put a warning label on the neck of the bottle warning drinkers to beware.

Aberdeen University in collaboration with Brewmeister will be testing the beer to confirm the brewery results.

The beer is currently sold online for £50.



BarleyBarley News Barley


Barley newsEU: Barley yield higher than the five-year average
The latest MARS Bulletin (EU crop monitoring report) from the EU Commission was published on October 21 and showed that forecast 2013 yields for ...More info on site


Barley newsCanada: Canada reports record barley yields and active exports this year
The harvest is essentially complete in Canada. Production levels from Stats Canada are at 4.9 mln tonnes in Alberta, 3.3 mln tonnes in Saskatchewan ...More info on site


Barley newsAustralia: Barley crop estimates upgraded to up to 9 mln tons
The ABARES September barley crop estimate of 7.7 mln tons looks completely wrong by now, recent private estimates come close to 9.0 mln tons, ...More info on site


Barley newsUK: Defra publishes provisional barley supply and demand report
Defra provisionally estimate UK 2013 barley production at 7.102 mln tonnes, up 29% on last year and the highest since 1997 due to increases ...More info on site


Barley news World: Feed barley exports from the EU increase this year
Feed barley export sales for this year’s crop were concluded at the beginning of the calendar year, mostly for optional origins.

As Australia and Argentina were sold out for old crop barley, and Black Sea sellers started slowly into the new campaign, EU barley gained a large share of the early barley shipments to North Africa and the Middle East. Malting barley shipments of 150,000 tons to Russia, South America and China completed a program of 3.4 mln tons in less than three months of the grain year, industry analysts reported at the beginning of October.

More than 2 mln tons were shipped from France and Germany, but the U.K., Baltic and Black Sea ports, even Spain participated in the business, too. Barley shipments as of the beginning of October were almost 1.6 mln tons ahead of last year, just like wheat with 6.2 mln vs. 3.3 mln tons a year ago.


Barley news USA: USDA crop reports will continue to be released during CME Group Inc trading hours
A top U.S. Agriculture Department official said key monthly U.S. crop reports will continue to be released during CME Group Inc trading hours, despite complaints from the grain industry that high-speed traders have access to the data before it becomes available on public websites, Reuters reported on October 22.

"This business of the markets being open during the release of the reports is not going away and will stay with us for a while," Gerald Bange, chairman of the U.S. Department of Agriculture's World Agricultural Outlook Board, told a group of agricultural economists and traders at a meeting in Chicago.

Since last year, when the USDA began releasing its key monthly crop reports while the CME grain markets were open, hedgers have complained bitterly that high-speed traders armed with algorithms and super-fast data feeds have distorted the price discovery function of the markets. Previously, the reports were released when the markets were closed.

On the sidelines of the industry meeting between USDA government officials and market analysts, Bange told Reuters that USDA made the change at the request of CME more than a year ago.

"We are in an era of 24/7 trading. I don't see how you can pick a time which is ...More info on site


Barley news USA, ID: Idaho malting barley contract prices are higher than expected
The new leaders of the Idaho Barley Commission say the future looks bright for malting barley, with 2014 contracts coming in higher than they expected.

Idaho Barley Commission leaders say they’ve been pleasantly surprised by 2014 malting barley contract prices that are relatively strong compared with wheat, Capital Press reported on October 23.

Though malting barley contract prices have been below last year’s levels, new IBC Chairman Pat Purdy, a Blaine County farmer and rancher, said he’s been pleased, nonetheless, to see them hovering slightly above $13 per hundredweight.

“From our point of view, we’re a lot more motivated to plant barley again this year than to try wheat again. I think it’s a very favorable (barley) price,” Purdy said. “I do expect we should see some acres move into barley.”

Barley prices typically run $1.50 to $2 per bushel below wheat. Lately, the gap has narrowed to about 75 cents per bushel, Purdy explained. Malting barley has significant advantages over wheat, requiring less nitrogen to raise and having contracts with an act of God clause, which Purdy explained protects growers who sustain weather-related crop losses from penalization for their inability to supply the full contract amount.

IBC Administrator Kelly Olson anticipates barley acreage will ...More info on site



WhiskyWhisky News Whisky


Whisky newsWorld: Pernod Ricard warns profit growth would slow because of a weaker demand in China
Pernod Ricard warned profit growth would slow in its current financial year after weakness in Chinese demand for its Martell cognac and Ballantine's whisky ...More info on site


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