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Flash Summary
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E-Malt.com Flash 51a
December 16 - December 18, 2013
Quote of the Week
"With will one can do anything."
Samuel Smiles
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Currency Rates
Base Currency: Euro
on December 18, 2013 |
Base Currency: US Dollar
on December 18, 2013 |
| |
1 EUR = 1.3762 USD
1 EUR = 0.8448 GBP
1 EUR = 1.4578 CAD
1 EUR = 1.5418 AUD
1 EUR = 141.6400 JPY
1 EUR = 3.2042 BRL
1 EUR = 45.3340 RUB
1 EUR = 8.4145 CNY
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1 USD = 0.7267 EUR
1 USD = 0.6138 GBP
1 USD = 1.0592 CAD
1 USD = 1.1203 AUD
1 USD = 102.9210 JPY
1 USD = 2.3282 BRL
1 USD = 32.9402 RUB
1 USD = 6.1141 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 18, 2013 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
181.00-183.00 |  |
191.00-193.00 |  0.52% |
| 6rw Barley |
173.00-175.00 | |
179.00-181.00 | 0.55% |
| 2rs Malt |
373.00-375.00 | |
384.50-386.50 | 0.32% |
| 6rw Malt |
363.50-365.50 | |
369.50-371.50 | 0.33% |
| Feed Barley |
164.00-166.00 | 1.20% |
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.
UK: Barley usage for brewing, malting and distilling increases by 5.8% in July/October
...Click here
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Denmark: Carlsberg enters into new revolving credit facility of EUR 2.51 bln
...Click here
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France: Beer market down 3% in January – September this year
...Click here
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USA: American craft brewers contributed $34 billion to the economy in 2012
...Click here
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Australia: Coca-Cola Amatil announces its return to the Australian beer market
...Click here
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China: Barley imports in July/October totalled 1.010 mln tons
...Click here
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UK: Barley, attractive option for UK spring plantings
...Click here
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Russia: Efes decides to close one more brewery in Russia
...Click here
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Guatemala: Guatemala's Cerveceria Centro Americana forming strategic alliance with SABMiller
...Click here
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USA: Anheuser-Busch invests additional $10 mln in its Williamsburg Brewery
...Click here
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Australia: Australians are drinking less but increasingly prefer better-quality beer
...Click here
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Belgium: Brussels Court of Appeal decides on Belgian colour mark infringement case
...Click here
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UK: Barley exports in October the highest since August 2002
...Click here
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Belgium: Orval beer suffers from lack of monks in the abbey
...Click here
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World: SABMiller’s Graham Mackay dies at the age of 64
...Click here
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Graph of the week
Table of the week
EU Non-Roasted Malt Exports by Destination
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
December 16
1834 Leon Walras French economist is born
1905 Variety Magazine, covering all phases of show business, 1st published
1908 1st credit union in US forms (Manchester NH)
December 17
1964 Largest newspaper-Sunday NY Times at 946 pages
1770 Ludwig Von Beethoven, composer is born in Bonn, Germany
1895 George Brownell patents a machine to make paper twine (Mass)
1924 1st U.S. diesel electric locomotive enters service, Bronx, New York
December 18
1796 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 Lujo [Ludwig J von] Brentano is born (German economist)
1897 Fernand J Collin is born, Belgian economist/banker
1991 General Motors announces closing of 21 plants
Agenda
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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UK: Barley usage for brewing, malting and distilling increases by 5.8% in July/October
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In July/October of the 2013/14 crop year, United Kingdom’s barley usage for brewing, malting and distilling increased by 5.8% to 615.8 thousand tonnes, Defra
...More info on site
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Brewery News
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Denmark: Carlsberg enters into new revolving credit facility of EUR 2.51 bln
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Carlsberg Breweries A/S ("Carlsberg") has entered into a new revolving credit facility ("the Facility") of EUR 2.510 bln maturing February 2019, with an option
...More info on site
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France: Beer market down 3% in January – September this year
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For 5 years, France’s beer market has remained steady, at around 20 mln hl, Philippe Vasseur, Brasseurs de France president, was quoted as saying
...More info on site
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USA: American craft brewers contributed $34 billion to the economy in 2012
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According to a new analysis by the Brewers Association (BA) — the not-for-profit trade association that represents the majority of U.S. breweries — released
...More info on site
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Australia: Coca-Cola Amatil announces its return to the Australian beer market
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Coca-Cola Amatil (CCA) announced on December 17 its return to the Australian beer and cider market, with the launch of international and local premium
...More info on site
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Russia: Efes decides to close one more brewery in Russia
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Turkey-based Anadolu Efes has decided to close one more facility in Russia, Kommersant reported on December 18.
According to an official press-release, Efes will close
...More info on site
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USA: Anheuser-Busch invests additional $10 mln in its Williamsburg Brewery
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Anheuser-Busch is in the process of investing $10 million into its Williamsburg brewery in an effort to enable the brewery to package beer in a variety of can sizes, Williamsburg Yorktown reported on December 16.
This latest investment, announced December 5, is part of more than $39 million that has been invested into the brewery over the past three years.
“Today’s announcement is another demonstration of Anheuser-Busch’s commitment to our brewery, which has been in operation for more than 40 years,” said Rick Shippey, general manager of the Anheuser-Busch Williamsburg brewery, in a news release. “This investment includes the addition of a slim package to one of our existing can lines, which will further enhance our ability to offer new and innovative packages for our consumers.”
In an interview, Shippey expanded on the packaging investment. Currently Anheuser-Busch packages Michelob Ultra in slim cans and puts Budweiser and Bud Light into 8-ounce cans; this new equipment will enable the Williamsburg brewery to participate in that packaging effort. Additionally, it will allow the brewery to experiment with other beverages to see if there is an opportunity to expand its product line.
Whether this investment will lead to additional jobs is not yet clear, but Shippey said
...More info on site
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Guatemala: Guatemala's Cerveceria Centro Americana forming strategic alliance with SABMiller
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Two of the world’s largest beer companies are girding for battle over Guatemala’s “cerveza” lovers.
The biggest brewer, Anheuser-Bush InBev, has been besieging Guatemala’s longtime
...More info on site
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Belgium: Brussels Court of Appeal decides on Belgian colour mark infringement case
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The Brussels Court of Appeal recently dealt with an interesting trademark infringement case pertaining to the abstract colour mark blue owned by Belgian beer brewer Alken-Maes. Maes, which is part of the Heineken group, is one of Belgium's oldest breweries. As early as the 1960s, it began marketing its lager under a trade dress using a distinct shade of dark blue, International Law Office reported on December 16.
In 2006 Maes successfully applied for registration of an abstract colour mark, claiming protection for the International Pantone Code 2478C in relation to beers.
Maes sought injunctive relief, relying on, among other things, the infringement of its colour mark which it claimed was well known in part of Benelux. Surveys had shown that over 60% of Belgian consumers attribute the distinct shade of dark blue to beer – in particular, to Maes.
In an October 21, 2013 decision, the Brussels Court of Appeal accepted the validity of the colour mark and upheld the infringement. The verdict did not come as a bolt from the blue, as it confirmed an earlier decision of a lower court, albeit on slightly different grounds.
Regarding the infringement of the mark which Maes based on the enlarged protection offered
...More info on site
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Australia: Australians are drinking less but increasingly prefer better-quality beer
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Australians are drinking less but reaching for better-quality beers, according to the latest data from market analysts IBISWorld.
While consumption has fallen in volume
...More info on site
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Belgium: Orval beer suffers from lack of monks in the abbey
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Belgium’s famous Orval beer risks losing its Trappist category as there are not enough monks to brew it, L’Express reported on December 17.
In the 1980ies, there were about thirty monks brewing Orval beer in the monastery. However, today the abbey only has 12 Cistercians monks – not enough to ensure the mass production of the brand.
Besides, the volume currently produced lags far behind the demand. The output grew from 40 000 hl in 2000 to 69 000 hl in 2012, but this is almost the capacity limit, the abbey brewery’s site says.
Orval brewery is now considering whether to increase the production by employing workers from outside and thus loose its “Trappist” label, or stabilize or even diminish the production and thus face the risk of complete disappearance, it is reported.
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World: SABMiller’s Graham Mackay dies at the age of 64
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Graham Mackay, the chairman of SABMiller and one of the best-known figures in the global beer industry, died on Wednesday, December 18 from cancer. He was 64, Reuters reported.
Mackay spent 35 years at SABMiller, steering its transformation from an industrial conglomerate to the world's second-largest brewer with annual sales of $34.5 billion and 200 brands including Miller Lite, Peroni and Pilsner Urquell.
He was chief executive from 1999 when the company - then called South African Breweries - listed on the London Stock Exchange, until April this year when he took a medical leave of absence following surgery on a brain tumour.
He recovered enough to resume his duties as chairman in September. His condition suddenly worsened in November, and he took a further leave.
Mackay died peacefully on Wednesday, December 18 morning, the company said, surrounded by his family, which includes three adult sons and three school-age sons.
The board said on December 18 it had appointed acting chairman John Manser as chairman until a long-term successor can be found. Guy Elliott will take Manser's place as a senior independent director.
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Barley News
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China: Barley imports in July/October totalled 1.010 mln tons
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Barley imports to China in July/October totalled 1.010 mln tons, of which 982,000 tons from Australia, according to the industry analysts.
There were only few
...More info on site
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Mercosur: Crop forecasts are optimistic
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Mercosur crop forecasts are optimistic, and early harvest results seem to prove the outlook, industry analysts report.
Brazil has harvested 330,000 tons of barley,
...More info on site
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UK: Barley, attractive option for UK spring plantings
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Barley still looks an attractive option for UK spring planting programmes despite the huge supplies of the grain from a bumper crop this year
...More info on site
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UK: Barley exports in October the highest since August 2002
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UK barley exports picked up considerably in October at 202 thousand tonnes, the highest monthly total since August 2002, HGCA reported on December 16.
...More info on site
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