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Flash Summary
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E-Malt.com Flash 51b
December 19 - December 26, 2013
Quote of the Week
"With will one can do anything."
Samuel Smiles
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Currency Rates
Base Currency: Euro
on December 20, 2013 |
Base Currency: US Dollar
on December 20, 2013 |
| |
1 EUR = 1.3672 USD
1 EUR = 0.8350 GBP
1 EUR = 1.4636 CAD
1 EUR = 1.5446 AUD
1 EUR = 142.3300 JPY
1 EUR = 3.2052 BRL
1 EUR = 45.0519 RUB
1 EUR = 8.3685 CNY
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1 USD = 0.7315 EUR
1 USD = 0.6108 GBP
1 USD = 1.0705 CAD
1 USD = 1.1298 AUD
1 USD = 104.1110 JPY
1 USD = 2.3445 BRL
1 USD = 32.9532 RUB
1 USD = 6.1211 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 20, 2013 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
180.00-182.00 |  0.55% |
190.00-192.00 | 0.52% |
| 6rw Barley |
172.00-174.00 | 0.57% |
179.00-181.00 |  |
| 2rs Malt |
372.00-374.00 | 0.33% |
383.00-385.00 | 0.32% |
| 6rw Malt |
362.00-364.00 | 0.34% |
369.50-371.50 | |
| Feed Barley |
162.00-164.00 | 1.21% |
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: New report shows increasing popularity of craft beer
...Click here
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EU: EU-28 barley production seen at 59.676 mln tonnes this year
...Click here
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EU: Total grains harvest expected to fall next year despite a rise in wheat production
...Click here
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World: Grain and oilseeds crops very large this year
...Click here
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Canada & USA: Barley supplies in Canada seen as ample, US barley now grown mostly under contracts
...Click here
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UK: Carlsberg and Molson Coors announce increases in their wholesale prices
...Click here
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USA: Big brewers decrying favoritism for their microbrewery competitors
...Click here
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Italy: AB InBev has to change Budweiser labelling in Italy until February 10
...Click here
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Peru: Backus introduces new Quinua Special Edition of Cusqueña Beer
...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 19
1997 Masaru Ibuka co-founder Sony Corporation, dies at 89
1795 1st state appropriation of money for road building, Kentucky
1989 American Airlines purchases Eastern Airline's Latin American route
December 20
1790 The first mechanized textile mill in the U.S. opens in Pawtucket, R.I. Built by Samuel Slater
1803 Louisiana Purchase formally transferred from France to US for $27 million
1966 The transmission of trades and quotes from the floor of the New York Stock Exchange is fully automated for the first time
December 21
1879 Theodore Limperg, business economist
1913 1st crossword puzzle (with 32 clues) printed in New York World
1937 1st feature-length color & sound cartoon premieres (Snow White)
December 22
1877 "American Bicycling Journal" begins publishing (Boston, Mass)
1882 1st string of Christmas tree lights created by Thomas Edison
1973 Meeting in Tehran, the oil ministers of OPEC�s six Persian Gulf member countries announce that they will unilaterally raise the price of crude oil to $7 per barrel. In two-and-a-half months, OPEC has raised the price of oil by 128%.
1910 US postal savings stamps 1st issued
December 23
1834 Thomas R Malthus, English vicar/economist is born
1919 Alice H Parker patents gas heating furnace
1922 BBC Radio began daily newscasts
1973 6 Persian Gulf nations double their oil prices
December 24
1851 US Library of Congress catches fire; 35,000 books burn
1893 Henry Ford completes his 1st useful gas motor
1922 BBC sends 1st British radio play "Truth about Father Christmas"
December 25
1848 New Haven Railroad opens
1947 Taiwan passes Human Rights laws (Day of Earth Law)
1954 WSFA TV channel 12 in Montgomery AL (NBC) begins broadcasting
1959 Sony brings transistor TV 8-301 to the market
December 26
1991 The Standard & Poor's 500-stock index closes above 400 for the first time, finishing the day at 404.84
1854 Wood-pulp paper 1st exhibited
1878 1st US store to install electric lights, Philadelphia
1950 Gillette & Mutual buy All Star & World Series rights ($6 million for 6 years)
1975 1st supersonic transport service (Tupolev-144)
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
January 2014:
18-22: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
February 2014:
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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Brewery News
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World: Beer sales keep declining in most countries
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Beer sales in Europe, the former Soviet Union, Japan and North America followed their negative path of the year.
France reports sales in January-October
...More info on site
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Russia: January – November beer production down 8%
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Russia’s beer output declined by 8% in January – November this year as compared to the same period in 2012, Rosstat reported on December
...More info on site
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UK: New report shows increasing popularity of craft beer
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A new report by Mintel shows that craft beer is increasingly becoming a popular choice amongst British adults, helped by the boom in the
...More info on site
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UK: Carlsberg and Molson Coors announce increases in their wholesale prices
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Carlsberg and Molson Coors have become the first of the UK brewers to announce increases in their wholesale prices, with other brands expected to follow, Metro reported on December 18.
This means it could cost 6p extra a pint for pubs which buy draught beers by the barrel – and even more for customers shelling out at the bar.
Simon Clarke, landlord at the Eagle Ale House in Battersea, south London fears this will sound another death knell for pubs, with punters heading to take advantage of supermarket offers instead.
He said: ‘If the pub’s company also wants to make a 50 per cent profit that’s going to be another 6p.
‘And then, if the pub also wanted a 50 per cent profit, you’re looking at a 24p increase on a pint, effectively.
‘It’s putting the pub in a really difficult situation because they just can’t afford to increase their prices that much.’
The decision was blamed on rising production, energy and fuel costs.
Carlsberg – which also owns brands such as Tuborg and Tetley – will bring the changes into effect from January 6.
Its spokesman said: ‘We are fully aware of the challenging market for our customers and have absorbed as much cost as possible to
...More info on site
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USA: Big brewers decrying favoritism for their microbrewery competitors
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American microbreweries are asking the government to cut their federal excise tax so they can grab more market share from Coors, Budweiser, Corona, Miller and other brands that have become household names, The Coloradoan reported on December 19.
The big beer makers, meanwhile, support proposals that would cut excise taxes for all brewers, regardless of size.
Both sides, which were once united, are polite enough to praise the products made by the other camp but disagree on how to reduce one type of tax that affects the price of beer.
Though neither side’s proposals are likely to advance on their own, both camps want their ideas included in a future overhaul of the U.S. tax code.
Making the case for the nation’s 2,700 microbreweries is the House Small Brewers Caucus, founded in 2007 by Oregon Reps. Pete DeFazio, a Democrat, and Greg Walden, a Republican.
The 123 caucus members get together a couple of times a year to sample a range of handcrafted brews.
But the group is about more than just suds and smiles, DeFazio said in a recent interview. It’s also backing the Small Brew Act introduced in February by its Republican co-chairman, Pennsylvania Rep. Jim Gerlach. Similar measures died in two previous Congresses.
At
...More info on site
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Italy: AB InBev has to change Budweiser labelling in Italy until February 10
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A court has given Anheuser-Busch InBev until 10 February to change the labelling for Budweiser to 'Bud' in Italy after another legal tussle with Budejovický Budvar.
Italy's Supreme Court found in favour of the Czech brewer in October, allowing Budvar to start selling its flaghsip lager brand as Budweiser Budvar again in the country. The court ruled that AB InBev must stop selling its brand as Budweiser in Italy.
However, Budvar on December 18 claimed that AB InBev had failed to withdraw Budweiser in the market. As a result, Budvar said it had been forced to ask Milan's Commerical Court to intervene.
“Since our business interests are being severely harmed and Italian consumers are being further deceived, we had to ask the Commercial Court in Milan for help,” Budvar's sales director Robert Chrt said.
In response to Budvar's plea, the Commerical Court has set a 10 February deadline for AB InBev to comply with its ruling.
But in a statement on December 19, AB InBev said it “had already decided to transition to Bud in Italy, but the transition had not yet been completed”.
The Belgium-headquartered brewer added: “AB InBev is pleased with the result of the hearing as the goal
...More info on site
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Peru: Backus introduces new Quinua Special Edition of Cusqueña Beer
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Backus Premium Brand has introduced its Quinua Special Edition of Cusqueña Beer available for sale in Peru, Drinks Business Review reported on December 20.
Cusqueña Beer is a blend of pearl quinoa, selected malted barley, corn, hints of orange and peach, hops and natural pure water.
The new edition is packaged in 750ml bottle featuring a carved image of Machu Picchu, an important icon of its home town, Cusco.
Cusqueña Brand director Edwards Taboada said that for this new variety of Cusqueña Beer, the collaboration of the consumers has been very important.
"Because they voted, through the web page, for the main ingredient of the special edition," Taboada added.
"This was added to Backus' brew masters' experience and the final recommendations given by Gastón Acurio."
This new product is currently available in major supermarkets, convenience stores and shops nationwide starting 15 December 2013.
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Barley News
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EU: EU-28 barley production seen at 59.676 mln tonnes this year
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Coceral’s December Grain Crop Forecast estimates the EU-28 barley production at 59.676 mln tonnes versus 54.360 mln in 2012.
Barley area slightly decreased from 12.436
...More info on site
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EU: Total grains harvest expected to fall next year despite a rise in wheat production
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The European Union grains harvest will fall next year despite a rise in wheat production to its third biggest on record, Strategie Grains said
...More info on site
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World: Grain and oilseeds crops very large this year
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The world grain and oilseed crops are very large this year. IGC shows a total grain crop of 1.946 bln tons, 156 mln tons
...More info on site
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Canada & USA: Barley supplies in Canada seen as ample, US barley now grown mostly under contracts
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In November, Canada published an estimate of 8.012 mln tons for 2012/13 and a forecast of 9.433 mln tons for the 2013/14 barley crop.
...More info on site
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