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Flash Summary
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E-Malt.com Flash 14a
March 31 - April 02, 2014
Quote of the Week
"It is precisely the possibility of realizing a dream that makes life interesting."
Paulo Coelho
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Currency Rates
Base Currency: Euro
on April 02, 2014 |
Base Currency: US Dollar
on April 02, 2014 |
| |
1 EUR = 1.3787 USD
1 EUR = 0.8281 GBP
1 EUR = 1.5233 CAD
1 EUR = 1.4893 AUD
1 EUR = 142.5380 JPY
1 EUR = 3.1317 BRL
1 EUR = 48.4326 RUB
1 EUR = 8.5103 CNY
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1 USD = 0.7254 EUR
1 USD = 0.6006 GBP
1 USD = 1.1049 CAD
1 USD = 1.0802 AUD
1 USD = 103.3860 JPY
1 USD = 2.2714 BRL
1 USD = 35.1282 RUB
1 USD = 6.1725 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 02, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
187.00-189.00 |  |
195.00-197.00 |  0.51% |
| 6rw Barley |
177.00-179.00 | |
185.00-187.00 | 0.53% |
| 2rs Malt |
383.00-385.00 |  0.15% |
389.00-391.00 | 0.31% |
| 6rw Malt |
370.50-372.50 | 0.16% |
377.00-379.00 | 0.32% |
| Feed Barley |
161.00-163.00 | 1.22% |
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.
Belgium & South Korea: AB InBev completes acquisition of Oriental Brewery
...Click here
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Brazil: Beer production increases in March and in Q1 this year
...Click here
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South Korea: Lotte Group’s entry in the beer market to challenge Oriental Brewery and HiteJinro’s positions
...Click here
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USA: The Brewers Association releases annual top 50 craft and overall brewing companies lists
...Click here
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Romania: Beer market volume declines by 10% in 2013
...Click here
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Canada: Malt barley supplies sufficient to cover Canadian yearly demand
...Click here
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UK: Barley availability revised 20 thousand tonnes higher
...Click here
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France: Malting barley markets remain inactive, feed barley seeing higher demand recently
...Click here
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Germany: Carlsberg to appeal German Cartel Office’s fine
...Click here
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Ukraine: Barley plantings progressing at the same pace as last year
...Click here
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South Africa: SABMiller looking to expand with new beer styles
...Click here
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Brazil: Government raises beer tax by around 1 cent an item
...Click here
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Graph of the week
Table of the week
German Beer Market Overview
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Tell me your genes and I tell you your traits...
ABSTRACT
Making advances for traits relevant to the brewing industry
using traditional hop breeding is complex as most of the
traits are quantitative in nature and are likely to be
controlled by a large number of genes, each with small
effects. Quantitative genetics is a method to describe the
inheritance of quantitative traits. Key predictions from
quantitative genetic analyses include the amount of
heritable genetic variation in traits available for selection
and estimates of correlations between traits. In hops, which
are dioecious, quantitative genetic analysis has the added
benefit of providing a means of assessing the genetic
potential of male genotypes for traits expressed only in
female plants (such as yield and chemistry). The
information gained from quantitative genetic analysis will
refine the hop breeding process - improving estimates of
the gains that can be anticipated through selection
methods, assisting with the development of clearly defined
breeding aims for hop improvement, and improving the
efficiency and accuracy of parental selection. Such
techniques may appear somewhat distant from the
organoleptic experience of hops in beer, but they do
provide one of the tools required to access the full genetic
potential of Humulus lupulus and underpin the
development of the next generation of hop cultivars with
desirable agronomic and organoleptic characteristics.
Read more
Source: Barth Innovations
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These Days in Business History
March 31
1889 300m Eiffel Tower officially opens, commemorates French Revolution
1896 Whitcomb Judson, Chicago, patents a hookless fastening, also know as the zipper
1917 U.S. purchases Danish West Indies for $25M and renames them Virgin Islands
April 1
1778 Oliver Pollock, a New Orleans businessman, creates "$" symbol
1826 Samuel Mory patents internal combustion engine
1986 World oil prices dip below $10 a barrel
April 2
1850 City of Los Angeles incorporated
1875 Walter P. Chrysler is born in Wamego, Kansas. He goes on to found the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co. in 1925 and to buy Dodge Brothers, Inc., in 1928
1961 The first patent for an integrated circuit is awarded to Fairchild Semiconductor's Robert Noyce, who later co-founds Intel Corp. with Gordon Moore
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
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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Belgium & South Korea: AB InBev completes acquisition of Oriental Brewery
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Anheuser-Busch InBev, KKR and Affinity Equity Partners on March 31 announced that AB InBev has successfully completed the acquisition of Oriental Brewery (OB), the
...More info on site
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Brazil: Beer production increases in March and in Q1 this year
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According to preliminary data by Sicobe, Brazil’s beer output amounted to 1.193 bln litres in March 2014, an increase of 23.4% versus the same
...More info on site
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South Korea: Lotte Group’s entry in the beer market to challenge Oriental Brewery and HiteJinro’s positions
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Lotte Group’s move to enter the beer market will challenge Oriental Brewery (OB) and HiteJinro and bring stiffer competition, The Korea Times reported on
...More info on site
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USA: The Brewers Association releases annual top 50 craft and overall brewing companies lists
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The Brewers Association—the trade association representing small and independent American craft brewers—on March 31 released its annual lists of the top 50 craft and overall brewing companies in the U.S., based on beer sales volume and the craft brewer definition in 2013.
Of the top 50 overall brewing companies, 38 were small and independent craft brewing companies.
“In 2013, craft breweries reached new all-time highs in production volume and dollar sales,” said Bart Watson, staff economist, Brewers Association. “Beer lovers continue to demand high-quality, fuller-flavored and local beers from small and independent craft breweries.”
Top 50 Craft Brewing Companies
(Based on 2013 beer sales volume)
1 Boston Beer Co.
2 Sierra Nevada Brewing Co.
3 New Belgium Brewing Co.
4 Gambrinus
5 Lagunitas Brewing Co.
6 Deschutes Brewery
7 Bell's Brewery, Inc.
8 Duvel Moortgat USA
9 Brooklyn Brewery
10 Stone Brewing Co.
11 Matt Brewing Co.
12 Harpoon Brewery
13 Dogfish Head Craft Brewery
14 Shipyard Brewing Co.
15 Abita Brewing Co.
16 Firestone Walker Brewing Co.
17 Alaskan Brewing Co.
18 New Glarus Brewing Co.
19 SweetWater Brewing Co.
20 Great Lakes Brewing Co.
21 Anchor Brewing Co.
22 Long Trail Brewing Co.
23 Summit Brewing Co.
24 Oskar Blues Brewery
25 Full Sail Brewing Co.
26 Founders Brewing Co.
27 Rogue Ales
28 Victory Brewing Co.
29 Ballast Point Brewing Co.
30 Ninkasi Brewing Co.
31 Southern Tier Brewing Co.
32
...More info on site
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Romania: Beer market volume declines by 10% in 2013
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Romania’s beer market volume declined by 10% compared to 2012, reaching 16.3 million hectolitres last year, Romanian Brewers Association reported on March 25.
Per capita
...More info on site
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Germany: Carlsberg to appeal German Cartel Office’s fine
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Carlsberg A/S’s German unit was among six brewers and seven people fined 231.2 million euros ($319 million) for participating in a price-fixing ring that affected half of the country’s beer drinkers, Bloomberg reported on April 2.
Dr. August Oetker KG’s Radeberger unit and Carlsberg were fined the largest amount, according to the German Cartel Office, which didn’t release the full penalties.
It’s the second round of fines levied this year by Germany’s antitrust regulator in its investigation of the brewery industry. It penalized five beermakers and seven people 106.5 million euros in January.
Anheuser-Busch InBev NV, the world’s largest brewer, escaped a fine for being first to report the cartel, which triggered the investigation, the German regulator said. Revenue in the industry is more than 7 billion euros per year.
“The companies concerned represent more than half of the beer sold in Germany,” Andreas Mundt, president of the German cartel office, said in the statement. “Given the turnover, the high fines are appropriate and necessary to get an effective punishment.”
The other companies fined on April 2 also include Privat-Brauerei Bolten GmbH & Co. KG, Erzquell Brauerei Bielstein Haas & Co. KG, Coelner Hofbraeu P. Josef Frueh KG and Privat-Brauerei Gaffel Becker & Co. OHG.
...More info on site
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South Africa: SABMiller looking to expand with new beer styles
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SABMiller, the world’s second-largest brewer, is looking to expand in South Africa with new beer styles, including flavoured beers such as Flying Fish, and beef up its non-alcoholic drinks portfolio to address new drinking occasions, Business Report said on April 1.
As local subsidiary SA Breweries (SAB) expands its beer offering and “romances” its core lager to maintain its market leadership, SABMiller Beverages South Africa chairman Norman Adami predicted a “substantial upside growth” in the soft drinks market, particularly the still beverages, and the group has already devised a strategy to capitalise on this.
SAB’s still drinks portfolio includes energy drinks PowerPlay and Powerade, Valpre and Bonaqua bottled water, Nestea and Fuze iced teas, as well as Appletiser. SABMiller is a Coca-Cola bottler in 32 markets.
Sales volumes of the still beverages portfolio achieved a compound annual growth rate of 7 percent in the four years to March last year.
The soft drinks portfolio, including all Coca-Cola brands and still beverages, had a compound annual growth rate of 2.5 percent over this period.
Beer sales, which are SAB’s core business, grew 2 percent.
SABMiller is going into a closed period so it could not disclose the performance for the 12 months to March.
In addition to working
...More info on site
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Brazil: Government raises beer tax by around 1 cent an item
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Brazil raised a tax on beer and some other drinks, betting that consumption during the soccer World Cup in June and July will help shore up its finances, The Wall Street Journal reported on April 1.
The government said the increase, effective immediately, applies to beer, some juices, and energy and sports drinks. Dyogo Oliveira, a senior finance ministry official, said the tax increase had been postponed from October and would raise an estimated 200 million Brazilian reais ($85 million) this year to help bolster the government's finances. The tax is equal to around 1 cent an item, the government said.
The Brazilian government has been criticized for allowing spending to rise in recent years. An subsequent increase in public debt was one of the reasons behind Standard & Poor's decision last week to cut the sovereign credit rating of Latin America's largest economy by one notch to the lowest investment-grade level.
Customers expressed dismay about the tax, saying it would add to the pressing concerns about inflation in this nation of 200 million people.
"I think this increase is a disgrace, because even if it's only a small amount, I'm going to have to spend a bit more of my cash," said Luis
...More info on site
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Barley News
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Canada: Malt barley supplies sufficient to cover Canadian yearly demand
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After seeing record yields in 2013, Canada could still be holding onto enough malt barley to supply the domestic industry for an entire year
...More info on site
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UK: Barley availability revised 20 thousand tonnes higher
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HGCA’s supply and demand forecast released on March 26 showed that barley availability in the United Kingdom, at 8.174 mln tonnes, is revised 20
...More info on site
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France: Malting barley markets remain inactive, feed barley seeing higher demand recently
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France’s malting barley markets remain deserted but there was noted a small increase in activity in the middle of the last week, La Depeche
...More info on site
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France: Spring barley planting virtually completed
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France’s farmers have practically completed the planting of spring barley. According to FranceAgriMer data as of 24 March, 96% of areas planned for spring
...More info on site
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Ukraine: Barley plantings progressing at the same pace as last year
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According to official information, winter wheat for 2014 harvest was planted on 6.3 million hectares and winter barley on 1.2 million hectares compared to
...More info on site
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