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Flash Summary
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E-Malt.com Flash 44a
October 28 - October 30, 2013
Quote of the Week
"The future enters into us, in order to transform itself in us, long before it happens."
Rainer Maria Rilke
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Currency Rates
Base Currency: Euro
on October 30, 2013 |
Base Currency: US Dollar
on October 30, 2013 |
| |
1 EUR = 1.3772 USD
1 EUR = 0.8561 GBP
1 EUR = 1.4388 CAD
1 EUR = 1.4481 AUD
1 EUR = 134.6580 JPY
1 EUR = 3.0075 BRL
1 EUR = 44.0814 RUB
1 EUR = 8.4400 CNY
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1 USD = 0.7262 EUR
1 USD = 0.6217 GBP
1 USD = 1.0447 CAD
1 USD = 1.0516 AUD
1 USD = 97.7836 JPY
1 USD = 2.1838 BRL
1 USD = 32.0087 RUB
1 USD = 6.1285 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 30, 2013 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
188.00-190.00 |  0.53% |
197.00-199.00 |  |
| 6rw Barley |
177.00-179.00 | 0.56% |
184.00-186.00 | 0.54% |
| 2rs Malt |
380.50-382.50 | 0.32% |
391.50-393.50 | |
| 6rw Malt |
367.00-369.00 | 0.33% |
375.50-377.50 | 0.33% |
| Feed Barley |
172.00-174.00 | |
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.
Zambia: Zambian Breweries halts malting plant construction following reintroduction of 60% beer excise in the budget
...Click here
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World: AB InBev-SABMiller merger “more a question of when, not if” - analysts
...Click here
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World: Carlsberg tie-up with AB InBev “theoretically possible” – analysts
...Click here
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EU: Olvi Group’s slaes volume, net sales and operating profit develop favourably in January-September this year
...Click here
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USA: Federal judge signs final judgement resolving antitrust concerns about AB InBev’s acquisition of Modelo
...Click here
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The Philippines: San Miguel Corp.’s beer business attracts buying interest from several parties, but the company is not selling it
...Click here
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Russia: Barley production still seen at 15.2 mln tonnes
...Click here
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Ukraine: Barley production estimated to have increased by almost 1 mln tonnes this year
...Click here
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UK: Winter barley area expected to rise more than 10% this autumn
...Click here
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EU: Barley export licenses double in July – October 22 this year
...Click here
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Denmark: Carlsberg chairman says Danish brewer aims to participate in global consolidation in the industry
...Click here
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Germany: Barley exports increase, malt imports and exports down in July-August 2013
...Click here
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Australia: Nitrogen application and soil mineralisation in growing malting barley
...Click here
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Angola: Empresa Angolana de Cervejas currently brewing 53.3 mln litres of beer and is looking to export its products
...Click here
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South Africa: South Africa’s thirst for craft beer growing every day
...Click here
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Graph of the week
Table of the week
United States Hops Production by Variety 2008 - 2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
The similarities between beer aging and
biotransformation
ABSTRACT
Have you ever wondered what happens to the bitter
acids in your beer that you swallow inside of you ?
Belgian researchers have, and using liver
microsomes isolated from rabbit liver and human
microsomes they found that metabolism of beta-acids was
mainly characterized by conversion into hulupones and
the formation of a series of tricyclic oxygenated
products. The most important metabolites of alpha-acids
were identified as humulinones and hulupones. Iso-alpha-
acids were found to be primarly metabolized into cisand
trans-humulinic acids, next to oxidized alloiso-alpha-
acids. Interestingly, the phase I metabolites were highly
similar to the oxidative degradation products in beer.
Does this mean in consequence that aged beer is better
for the liver?
Read more
Source: Barth Innovations
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These Days in Business History
October 28
1904 St Louis police try a new investigation method- the fingerprints
1954 Nobel prize for literature awarded to Ernest Hemingway
1986 International Red Cross ousted from South Africa
October 29
1947 Belgium, Luxembourg and Netherland form Benelux Union
1952 Sweden begins experimental TV
October 30
1894 Daniel Cooper patents time clock
1989 Mitsubishi Estate Co. agrees to pay $846 million for 51% of Rockefeller Center in New York City; by 1996, the Mitsubishi affiliate is so financially troubled that it sells Rockefeller Center for less than $400 million
1987 August A Busch III becomes CEO of St Louis Cards
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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Malt News
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Zambia: Zambian Breweries halts malting plant construction following reintroduction of 60% beer excise in the budget
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Zambian Breweries (ZB) has halted the construction of the K173 million malting plant following Government’s reintroduction of a 60 per cent excise duty on
...More info on site
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Brewery News
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World: AB InBev-SABMiller merger “more a question of when, not if” - analysts
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With half the world's beer produced by four big firms and few markets left for them to tap, the time may be right for
...More info on site
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World: Carlsberg tie-up with AB InBev “theoretically possible” – analysts
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A merger between Carlsberg and one of the other 'Big Four' global brewers remains "unlikely", but a tie-up with Anheuser-Busch InBev is not out
...More info on site
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EU: Olvi Group’s slaes volume, net sales and operating profit develop favourably in January-September this year
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Olvi Group's sales volume, net sales and operating profit developed favourably from January to September 2013, the company reported on October 24.
“Development was
...More info on site
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USA: Federal judge signs final judgement resolving antitrust concerns about AB InBev’s acquisition of Modelo
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A federal judge signed the final judgment resolving antitrust concerns related to the merger of the owners of Budweiser and Corona, Courthouse News Service
...More info on site
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The Philippines: San Miguel Corp.’s beer business attracts buying interest from several parties, but the company is not selling it
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San Miguel Corp. (SMC) President Ramon Ang said “several parties” have approached the company about buying its majority stake in the Philippines’ biggest brewer,
...More info on site
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Denmark: Carlsberg chairman says Danish brewer aims to participate in global consolidation in the industry
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Danish brewer Carlsberg aims to participate in global consolidation in the industry, which is why its main owner is planning to remove a rule in its charter that requires it to own at least 25 percent of the shares, Reuters reported on October 25.
Flemming Besenbacher, chairman of Carlsberg and of its main owner the Carlsberg Foundation, said that the strong consolidation in the brewing sector will continue.
"It is Carlsberg's intention and ambition to participate in the final consolidation in the beer industry," he told Reuters.
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Angola: Empresa Angolana de Cervejas currently brewing 53.3 mln litres of beer and is looking to export its products
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Empresa Angolana de Cervejas is producing 53.3 million litres of beer per month at its factory in the Cambambe municipality of Kwanza Norte province, the factory’s production director, Mateus Isabel Matumona, was quoted as saying by Macauhub on October 30.
He also said the company’s production was capable of supplying the Angolan market and that the brewer was analysing the possibility of exporting to neighbouring markets.
He noted that current production at the factory was based on two bottling lines, the first of which (the oldest) has capacity to fill 20,000 bottles per hour, and the second to fill 35,000 bottles per hour.
He said that, as well as EKA beer, the Dondo factory also makes Nocal beer. The company buys its raw materials from companies in South Africa, France and Belgium.
EKA, which is considered to be one of the biggest production units in the province, alongside the Cambambe hydroelectric dam, is also the province’s biggest taxpayer.
Empresa Angolana de Cervejas was founded in 1969 and sold its first products on the market in January 1972.
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Australia: Craft beer gaining popularity
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Craft beer is becoming increasingly popular with consumers in Australia and the region, Australia Network News reported on October 30.
While beer consumption in Australia is declining, recent data shows craft beer is becoming more popular with consumers - and brewers.
Chuck Hahn, director and brewmaster of Malt Shovel Brewery, says the beer consumer's taste is changing.
"The drinker now is actually tasting the beer rather than just drinking a lot of it," he said.
"We have an expression "slam it down slowly... savour that flavour'."
Mr Hahn says the rising number of breweries reflects the growing interest in the drink.
"Back then, there were only about 25 small breweries, now we have 160 of them all producing some really good beers."
Mr Hahn says China's beer drinkers are looking for beers with a more distinct flavour, such as beers that are more malty.
"Fifteen years ago, they still were after an easy drinking lager," he said.
"But that whole profile has changed in China, just the way it's changed in Australia.
"It's great from a flavours perspective."
This month some of Australia's best brewers gathered for the Sydney Craft Beer Festival, a week-long festival devoted to the artisan brew.
Festival director Joel Connolly says people are becoming more familiar with the
...More info on site
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South Africa: South Africa’s thirst for craft beer growing every day
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South Africa's beer market has undergone some noticeable changes over the last few years. The country, dominated by commercial lagers, has started to develop a thirst for craft beer, and the number of microbreweries in the country has quadrupled in just four years, Voice of America reported on October 29.
South Africa has long been a beer drinking country. South African Breweries the second largest brewery company in the world, owns brands like Miller and Foster's, and national brands like Castle and Hansa.
For years, those beers dominated liquor store shelves and the bar scene. Tastes have evolved, though, making way for a craft beer boom.
"And there was a big move a few years ago, toward artisanal products in farmers markets. People wanted to try locally produced cheese and bread and jams and chutneys and all of this kind of thing. A lot of people attribute the craft beer boom to these kinds of markets," said Lucy Corne, author of the book African Brew. She said four years ago, there were about 15 or so microbrews in the country. Today there are roughly 70 craft breweries. That could reach 100 by next year.
Along with the foodie movement, Corne said craft beer is
...More info on site
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Barley News
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Russia: Barley production still seen at 15.2 mln tonnes
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UkrAgroConsult said on October 28 it still sees 2013/14 (July/June) barley production in Russia at 15.2 mln tonnes versus previous year’s 14.0 mln tonnes.
...More info on site
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Ukraine: Barley production estimated to have increased by almost 1 mln tonnes this year
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UkrAgroConsult still estimates barley production in Ukraine in 2013/14 (July/June) at 7.2 mln tonnes which is up from the 6.5 mln tonnes produced in
...More info on site
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EU: Barley export licenses double in July – October 22 this year
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The EU granted export licenses for 4.2 mln tonnes of barley from July 1 to October 22, 2013, versus 2.1 mln tonnes in the
...More info on site
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UK: Winter barley area expected to rise more than 10% this autumn
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The winter barley area in Britain is set to rise more than 10% this autumn as growers look to spread their harvest workload and
...More info on site
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Germany: Barley exports increase, malt imports and exports down in July-August 2013
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The German statistics office reported on October 23 that Germany exported 2.5 mln tonnes of grain in the first two months of marketing year
...More info on site
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Australia: Nitrogen application and soil mineralisation in growing malting barley
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Applying enough nitrogen to malting barley crops so they yield well, yet meet the protein grade, is a tricky balance.
And much research is needed to "open up this black box", according to Foundation for Arable Research Australia managing director Nick Poole, Weekly Times Now reported on October 28.
Nick Poole explained to growers the progress of nitrogen management trials and the influence of mineralisation at Southern Farming Systems' AgriFocus field day at Westmere, near Lake Bolac.
"When growing malt barley you are trying to produce grain for a specific market, that has a very specific protein range," he said.
"And therefore, trying to determine how much nutrition, or in this case, how much nitrogen you need to apply to that crop is critically important."
Poole said one of the ways to be more accurate was to prepare a nitrogen budget.
This takes into account how much nitrogen is already in the soil at the start of spring, how much nitrogen is in the crop and how much, typically, malting barley crops yield on that farm.
"These key components enable you to make a better estimation of what nitrogen you should put on," he said.
But the risk that could upset even the best laid plans was a
...More info on site
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