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Flash Summary
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E-Malt.com Flash 48a
November 25 - November 27, 2013
Quote of the Week
"Whatever you can do, or dream you can, begin it. Boldness has genius, power and magic in it."
Johann Wolfgang von Goethe
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Currency Rates
Base Currency: Euro
on November 27, 2013 |
Base Currency: US Dollar
on November 27, 2013 |
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1 EUR = 1.3542 USD
1 EUR = 0.8375 GBP
1 EUR = 1.4274 CAD
1 EUR = 1.4796 AUD
1 EUR = 137.3920 JPY
1 EUR = 3.1061 BRL
1 EUR = 44.6510 RUB
1 EUR = 8.3048 CNY
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1 USD = 0.7385 EUR
1 USD = 0.6184 GBP
1 USD = 1.0540 CAD
1 USD = 1.0926 AUD
1 USD = 101.4580 JPY
1 USD = 2.2936 BRL
1 USD = 32.9715 RUB
1 USD = 6.1325 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 27, 2013 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
184.00-186.00 |  0.54% |
194.00-196.00 | 1.02% |
| 6rw Barley |
174.00-176.00 |  |
183.00-185.00 | 0.54% |
| 2rs Malt |
376.00-378.00 | 0.33% |
388.00-390.00 | 0.63% |
| 6rw Malt |
364.00-366.00 | |
374.50-376.50 | 0.33% |
| Feed Barley |
169.00-171.00 | 1.16% |
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.
Russia: Malt imports in January – September decline to 60.542 tonnes
...Click here
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Turkey & Russia: Anadolu Efes risks losing an investment-grade rating due to tougher markets in Russia and Turkey
...Click here
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Malaysia: Carlsberg Brewery Malaysia’s shares value growth appears to have hit a speed bump
...Click here
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South Africa: South African Breweries focusing on premiumising its portfolio
...Click here
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World: Malting barley surplus seems to be huge - analysts
...Click here
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Canada & USA: Barley crop larger in Canada, slightly down in the US this year
...Click here
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Australia: Relative dearth of malting barley pushes prices up
...Click here
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The Czech Republic: Czech craft beer makers doing well at home and looking to export their products
...Click here
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India & USA: United Breweries Group to invest $2 mln in its US-based loss making brewing company
...Click here
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Georgia: Beer and spirits expected to record the fastest category growth by 2017
...Click here
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Haiti: Haiti’s leading beer maker Brana is modernizing
...Click here
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Graph of the week
Table of the week
Eastern Europe Beer Production by Country 2000 - 2012s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Spotlight back on Xanthohumol?
ABSTRACT
Xanthohumol was so to say "the medical scientists
darling" for a couple of years, with excellent results
in very different in vitro studies testing the
effectivness in regard to prevention of cancer,
osteoporosis and cardiovascular diseases. Since the
promising results could not be transferred into in
vivo settings the medicinal research has died down a
bit. Nevertheless brewing researchers are looking for
ways to increase the content of Xanthohumol and
other prenylflavanoids in beer. One of these studies
found that the solubility of xanthohumol was higher
in sweet worts prepared from roasted malts than
from Pilsen or melanoidin malts. Isomerization
reactions occurring at increased temperatures is one
of the main reasons for the loss of xanthohumol in
the brewing process and therefore the most
appropriate temperature for addition of
xanthohumol products to sweet worts was found to
be below 60°C. In contrast to other findings the
influence of filtration and stabilization materials on
the concentration of xanthohumol only showed
minor effect. A second study found that the use of
green hops is beneficial in regards to increasing the
final content of Xanthohumol or 8-PN. However the
final concentration of Xanthohumol is still in a low
range of 1-2 mg/l. And the question is if these
homeopathic concentrations can really be related to
any health benefits.
Read more
Source: Barth Innovations
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These Days in Business History
November 25
1867 Alfred Nobel patents dynamite
1884 John B Meyenberg of St. Louis patents evaporated milk
November 26
1885 1st meteor photograph
1925 Netherlands and Germany sign trade agreement
1987 Matsushita purchases the movie and entertainment company MCA Inc. for $6.6 billion
November 27
1895 Alfred Nobel establishes Nobel Prize
1962 1st test flight of the Boeing 727 takes place
Agenda
November 2013:
08-10: Somos Cerveceros 2013 (Tandil, Argentina)
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)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site e-malt.com
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Malt News
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Russia: Malt imports in January – September decline to 60.542 tonnes
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Russia’s malt imports amounted to 60.542 thousand tonnes in January - September 2013, down from 102.466 thousand imported in the same period last year,
...More info on site
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Brewery News
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Turkey & Russia: Anadolu Efes risks losing an investment-grade rating due to tougher markets in Russia and Turkey
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Turkey’s biggest brewer risks losing an investment-grade rating as government officials at home and in Russia, its two largest markets, clamp down on alcohol
...More info on site
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South Africa: South African Breweries focusing on premiumising its portfolio
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South African Breweries (SAB), a subsidiary and the founding company of global brewing giant SABMiller, is "very happy" with its brand portfolio, which has
...More info on site
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Malaysia: Carlsberg Brewery Malaysia’s shares value growth appears to have hit a speed bump
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Carlsberg Brewery Malaysia Bhd appears to have hit a speed bump in its quest for shareholder value and earnings growth recently with the release
...More info on site
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The Czech Republic: Czech craft beer makers doing well at home and looking to export their products
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There's an old saying in the Czech Republic that if a Czech's goat dies, he won't pray for another but rather that his neighbour's goat will die too. And so it was in the 1990s when even though many Czechs were weary of the limited choice from the large brewers that had dominated under communism, they spitefully boycotted an upstart called Stanislav Bernard and his new "honest, traditional unpasteurized beer", Business New Europe reported on November 25.
But today Bernard is having the last laugh. He eventually won over the recalcitrant locals to create one of the country's largest independent breweries, and in doing so helped foster an industry that has boomed to the point where Czech craft beer makers are now looking to export their products around the world.
In November, Two Tales, a microbrewery based outside Brno, began bottling what it hopes will fill an obvious gap in markets around the world for Czech craft beers. "No matter where you go in the world, you can say that Czech beer has a great image… but there has been a lack of opportunity for people to buy it – we're the first [Czech microbrewer] to get out there," says
...More info on site
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India & USA: United Breweries Group to invest $2 mln in its US-based loss making brewing company
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Liquor baron Vijay Mallya-led UB Group has decided to infuse $2 million in a US-based loss making firm Mendocino Brewing Company to revive its fortunes, The Economic Times reported on November 25.
UB has also agreed to "favourably consider additional investment to underpin growth based on detailed business plan to be submitted in due course" by Mendocino, the company said in a regulatory filing.
UB's readiness to invest in the US firm comes even as the group's Kingfisher Airlines in India remains grounded for over a year due to severe financial problems.
Mendocino Brewing Company (MBC), in which United Breweries Holdings Ltd (UBHL) holds 68.1 per cent stake and another group firm United Breweries of America has 24.5 per cent equity, has exclusive licence to brew and distribute Kingfisher Premium Lager beer in certain foreign markets.
UBHL is also the holding company of all the listed entities of Mallya-led UB Group, including Kingfisher.
According to Mendocino's regulatory filing with the US markets regulator SEC, UBHL has agreed "to commit an initial funding of $2 million in four half yearly instalments with the first instalment to be remitted expeditiously."
The investment is being made to "protect and enhance the value of its existing investments in MBC," the
...More info on site
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Georgia: Beer and spirits expected to record the fastest category growth by 2017
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Sales of Georgian alcoholic beverages are expected to grow fast, according to a recent Euromonitor International summary. The main threat to stable growth of the market is a possible delay in the economic recovery in the country, but this is not very likely. The categories which are expected to experience the fastest growth by 2017 are beer and spirits.
Sales of spirits and beer grew much faster, with beer witnessing its strongest growth in 25 years.
“Georgian consumers have gradually switched from wine to various other spirits, in particular, vodka. Traditionally, Georgians would drink mainly wine during so-called “supras” - traditional festivities, where people consume numerous Georgian dishes and make different toasts.
However, in recent years, Georgian consumers have gradually decreased the amounts of food consumed and instead focus on smaller quantities of stronger spirits. As a result, sales of vodka increased visibly in 2012. As long as the imported and local vodka brands are priced similarly, imported brands prevailed in the preferences of local consumers, because Russian and Ukrainian vodka have a better image,” says the report.
32,425 thousand litres of alcoholic drink were exported from Georgia in 2013 with a total value of USD 139,126 thousand. As for in 2012,
...More info on site
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Haiti: Haiti’s leading beer maker Brana is modernizing
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Brasserie Nationale d’Haïti S.A (Brana) has presented its new high-tech bottling line to the international standard, which will allow now 54,000 cases of Prestige beer per day instead of 24,000 with previous installations, Haiti Libre reported on November 24.
In addition, Laurent Lilavois, Prestige brand manager, presented the new image of the national beer.
The brewery was taken over by Heineken in December 2011. The Dutch brewing giant increased its shareholding in Brasserie Nationale d'Haiti from 22.5 to 95% and invested 40 million U.S. dollars in the operation.
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Barley News
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World: Malting barley surplus seems to be huge - analysts
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The surplus – on paper – of malting barley in the world is huge. One recent estimate is 2.5 mln tons. In practice, trade
...More info on site
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Canada & USA: Barley crop larger in Canada, slightly down in the US this year
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Statistics Canada estimated its barley crop at 9.433 mln tons, which may still be on the low side. Canada has harvested a large crop
...More info on site
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Australia: Relative dearth of malting barley pushes prices up
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A relative dearth of malt barley has seen Australian prices push up by A$25 a tonne in the past week, but industry analysts expect
...More info on site
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