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Flash Summary
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E-Malt.com Flash 02b
January 10 - January 12, 2014
Quote of the Week
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Currency Rates
Base Currency: Euro
on January 10, 2014 |
Base Currency: US Dollar
on January 10, 2014 |
| |
1 EUR = 1.3589 USD
1 EUR = 0.8257 GBP
1 EUR = 1.4735 CAD
1 EUR = 1.5294 AUD
1 EUR = 142.5100 JPY
1 EUR = 3.2593 BRL
1 EUR = 45.1037 RUB
1 EUR = 8.2998 CNY
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|
1 USD = 0.7359 EUR
1 USD = 0.6076 GBP
1 USD = 1.0843 CAD
1 USD = 1.1255 AUD
1 USD = 104.8750 JPY
1 USD = 2.3984 BRL
1 USD = 33.1908 RUB
1 USD = 6.1076 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 10, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
179.00-181.00 |  |
188.00-190.00 |  0.53% |
| 6rw Barley |
173.00-175.00 |  1.16% |
179.00-181.00 | |
| 2rs Malt |
371.00-373.00 | |
380.50-382.50 | 0.32% |
| 6rw Malt |
364.00-366.00 | 0.68% |
369.50-371.50 | |
| Feed Barley |
163.00-165.00 | 0.61% |
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.
World: Cargill reports 36% increase in Q2 net earnings
...Click here
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World: Kirin Holding’s report reveals 1% increase in global beer consumption in 2012
...Click here
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Japan: Suntory Holding outlines beer business strategy for 2014
...Click here
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USA: Craft beer segment estimated to have grown by 4% by volume on-premise in 2013
...Click here
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USA: Craft beer sales in retail channels up 19.2% in 2013 - IRI
...Click here
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EU: Barley export licenses total 4.8 mln tonnes vs. 2.8 in July-December 2012
...Click here
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US: Constellation Brands has great hopes for Corona Light on tap
...Click here
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The Czech Republic: Heineken loses exclusivity on use of term “Radler” in the Czech Republic
...Click here
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Australia: Adelaide scientists prepare to release a revolutionary barley variety
...Click here
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Australia: AWB increases barley pools estimated returns
...Click here
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UK & Hong Kong: Welsh brewery to export its beer to Hong Kong for the first time
...Click here
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Graph of the week
Table of the week
EU - 28 Barley Crop 2012 - 2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
January 10
1863 First underground railway opens in London.
1870 John D. Rockefeller, Sr. founds The Standard Oil Co. (Ohio) with $1 million in capital and control of a tenth of the nation�s oil refining.
1946 UN General Assembly convenes for 1st time (London)
January 11
1757 Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 1st American life insurance company incorporated, Philadelphia
1873 1st livestock market newspaper published, Drover's Journal, Chicago
January 12
1914 Henry Ford announces that he will share the Ford Motor Co.�s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day.
1970 Boeing 747 makes its maiden voyage
1975 Chrysler Corp offers 1st car rebates
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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Malt News
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World: Cargill reports 36% increase in Q2 net earnings
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Cargill on January 9 reported net earnings of $556 million in the fiscal 2014 second quarter ended Nov. 30, up 36 percent from $409
...More info on site
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Brewery News
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World: Kirin Holding’s report reveals 1% increase in global beer consumption in 2012
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Kirin Holdings revealed beer consumption of 187.37 million kilolitres worldwide in 2012, rising 1% from a year earlier and keeping increasing for 27 consecutive
...More info on site
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Japan: Suntory Holding outlines beer business strategy for 2014
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Suntory Holdings is to target non-alcoholic beer sales in Japan this year, as it seeks continued momentum across its domestic alcohol businesses.
Japan’s third-largest brewer
...More info on site
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USA: Craft beer segment estimated to have grown by 4% by volume on-premise in 2013
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The craft beer segment in the US continued to grow on-premise in 2013 despite overall beer volumes dipping 4 percent, according to a new
...More info on site
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USA: Craft beer sales in retail channels up 19.2% in 2013 - IRI
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Craft beer sales in key U.S. retail channels grew 19.2 percent in 2013, according to new data from Chicago-based market research firm IRI.
Sales eclipsed
...More info on site
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US: Constellation Brands has great hopes for Corona Light on tap
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Constellation Brands expects “great things” after launching Corona Light on tap and is confident it can boost draft sales to 10% of its business
...More info on site
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The Czech Republic: Heineken loses exclusivity on use of term “Radler” in the Czech Republic
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The brewing group Heineken has lost exclusive rights over the use of the term "Radler" for a beer mixed with lemonade in the Czech Republic, according to a decision of the Intellectual Property Office (UPV) that was confirmed to CTK on January 9 by UPV spokesman Josef Dvornak.
Some of the Czech breweries had to stop using the term on their products over Heineken's exclusivity. Now they want to turn to courts for damages.
Heineken said it was analysing the ruling and that its steps would follow in the weeks to come.
Pivovary Staropramen, the second largest brewery in the Czech Republic, launched Staropramen Cool Lemon, a mix of lemon juice and beer, on the market in May 2011. Consequently, beer flavoured with lemonade or another soft drink became a hit in the country.
Some brewers started using the term "Radler" on their products.
Radler is used for beer mix drinks in German-speaking countries where they are very popular.
Kralovsky Pivovar Krusovice, one of top five Czech brewers owned by Heineken, had the trademark registered in the Czech Republic in 2001. Upon an injunction issued on the request of Heineken, competitor breweries had to stop using it on the Czech market.
UPV now rendered the trademark null
...More info on site
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UK & Hong Kong: Welsh brewery to export its beer to Hong Kong for the first time
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A Welsh brewery is making inroads in China with its much-admired stout, Wales Online reported on January 9.
Sam Tam, a director of Trafalgar, a large bar in Hong Kong’s metropolitan Wan Chai district, is thought to have become the first person to strike a deal with Cardiff’s Brains brewery to get Brains Black anywhere outside Wales.
Drinkers in Hong Kong will soon get the chance to compare it to Guinness, one of the most popular drinks among beer-lovers in Hong Kong.
When Brains Black was launched in 2010, Brains hoped it would provide an alternative to Guinness, the market leader in the stout world.
Richard Davies, Brains’ sales and marketing director, said: “From early research we found there to be a real passion for a Welsh stout that could be offered as an alternative to the market leader.”
At the launch of Brains Black, Brains invited former Welsh rugby player Rob Jones and former Ireland international Simon Easterby to a blind taste test between the Welsh beer and Guinness.
The Welshman guessed the Brains beer correctly but the Irishman struggled to tell the difference between the Welsh and Irish beers.
The Welsh stout also performed well against Guinness in taste tests with consumers.
Now, the Trafalgar Bar,
...More info on site
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Iceland: Iceland brewer launches whale beer
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Iceland doesn't treat cetaceans the way most of the world wants them to be treated. Like Japan and Norway, Iceland has continued to hunt fin and minke whales in defiance of an international moratorium on the practice. It's not a challenge to find a restaurant serving whale meat in the capital city of Reykjavík. With all this in mind, it is not really surprising that Iceland's whaling business has recently teamed up with a brewery to produce "whale beer", The Atlantic reported on January 9.
Hvalur, the company managed by "the Icelandic Ahab" Kristján Loftsson, is providing whale meal—a byproduct of processing the animal's meat and oil—to Steðja Brewery to create a limited edition product tied to Iceland's annual mid-winter festival Thorrablot. The beer, marketed as a drink for "true vikings," will only be available from January 24 through February 22. It's 5.2 percent alcohol and is supposedly "healthy" by virtue of containing whale, which is, according to the brewery, high in protein and low in fat.
Dagbjartur Ariliusson, the brewery's owner, told reporters that whale beer makes sense in the context of Thorrablot and the country's history. For many centuries, he said, they have celebrated this festival by eating "cured
...More info on site
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Barley News
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EU: Barley export licenses total 4.8 mln tonnes vs. 2.8 in July-December 2012
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The EU granted export licenses for 4.8 mln tonnes of barley from July 1 to December 31, 2013, as compared to 2.8 mln tonnes
...More info on site
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Australia: Adelaide scientists prepare to release a revolutionary barley variety
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Adelaide agricultural scientists are about to release a new type of barley grain they say could boost yields by as much as 10 per cent, ABC reported on January 8.
The variety named Compass has been developed over the past five years by a team at the University of Adelaide's Waite Campus.
Test crops were planted in a range of conditions at more than 34 farms across the country, including sites in Western Australia and Queensland.
The barley is one of many new Australian varieties undergoing testing ahead of commercial approval and researchers hope the final test results will be released within weeks, making the grain available for sowing in 2015.
Program leader Jason Eglinton says the crop has demonstrated its robustness during trials and yields about 10 per cent more than the dominant Commander variety.
"The improvements that we've been able to achieve are through a number of small contributions all combined," he said.
"There's improvements in the disease resistance of the new variety.
There's improvements in the grain size and the stability in the grain size, small differences in its developmental pattern."
Dr Eglinton says the grain is not the result of genetic modification but selective breeding.
"It's based on classical breeding methodology so hybridising different parents,
...More info on site
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Australia: AWB increases barley pools estimated returns
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AWB on January 9 increased its South Australian & Victorian 2013/14 Barley Pools Estimated Pool Returns (EPRs) by A$14 - A$23 a tonne.
Head of Trading and Risk Management Mr Josh Martin said: "Domestically barley prices have increased and the market has found a level of support from continued dry conditions and demand in NSW & Queensland."
"Globally feed markets have been recently impacted by China's rejection of GM US corn however this has impacted positively on Australian barley demand and price as the market sees current Australian barley prices as fair value," Mr Martin said.
"We anticipate record barley exports into China this year which is a positive for pool participants and we continue to invest considerable effort in maintaining and building relationships in supplying feed barley to Asia and Middle East markets, where customers are looking for reliable suppliers."
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