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Flash Summary
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E-Malt.com Flash 15a
April 07 - April 09, 2014
Quote of the Week
"Bread is the staff of life, but beer's life itself."
English proverb
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Currency Rates
Base Currency: Euro
on April 09, 2014 |
Base Currency: US Dollar
on April 09, 2014 |
| |
1 EUR = 1.3768 USD
1 EUR = 0.8256 GBP
1 EUR = 1.5074 CAD
1 EUR = 1.4780 AUD
1 EUR = 141.1600 JPY
1 EUR = 3.0509 BRL
1 EUR = 49.0723 RUB
1 EUR = 8.4942 CNY
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1 USD = 0.7264 EUR
1 USD = 0.5996 GBP
1 USD = 1.0948 CAD
1 USD = 1.0735 AUD
1 USD = 102.5280 JPY
1 USD = 2.2158 BRL
1 USD = 35.6410 RUB
1 USD = 6.1693 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 09, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
186.00-188.00 |  |
197.00-199.00 |  1.02% |
| 6rw Barley |
177.00-179.00 | |
187.00-189.00 | 1.08% |
| 2rs Malt |
381.50-383.50 | |
391.50-393.50 | 0.63% |
| 6rw Malt |
370.50-372.50 | |
379.50-381.50 | 0.65% |
| Feed Barley |
160.00-162.00 | 0.63% |
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: Malt export figures in July/Jan higher for Argentina, the US, and the EU
...Click here
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USA: Constellation Brands Q4 profit nearly doubled on strong beer sales
...Click here
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USA: Analysts forecasts of Constellation Brands performance in the future are very optimistic
...Click here
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Turkey: Efes’ decision to close a brewery sends shockwaves through Turkey’s alcoholic beverages sector
...Click here
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Portugal: Unicer eyes global growth without clashing with 44% shareholder Carlsberg
...Click here
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Africa: SABMiller announces changes in Africa business
...Click here
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World: This year’s grain crop expected to be more or less similar to last year’s ‘extremely good’ one
...Click here
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USA: Transportation continues to be major factor in cash markets for barley
...Click here
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Russia: Malting barley imports total 260,000 tonnes last year
...Click here
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France: Malting barley prices stable despite decline in feed grain values
...Click here
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Belgium: UNESCO considering a petition to include Belgian beer culture on its list of immaterial cultural heritage
...Click here
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Canada: An unprecedented number of small breweries getting ready for opening this year
...Click here
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USA: Idaho barley growers to increase barley acreage going against trend
...Click here
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Haiti: Heineken investing $100 mln in its Haiti plant
...Click here
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South Korea: Lotte Liquor’s first Kloud beer to take on current market leaders
...Click here
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Brazil: Ambev to freeze beer prices till the end of FIFA World Cup
...Click here
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Singapore: Carlsberg Singapore adds Japan’s Asahi beer to its portfolio
...Click here
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Sierra Leone: Sierra Leone president sees Heineken as a friend of the nation
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Screening of Geraniol-rich Flavor Hop and Interesting Behavior of Beta-Citronellol During Fermentation under Various Hop-Addition Timings
ABSTRACT
Japanese researchers already reported a couple of
times about the flavour interaction between linalool,
geraniol and Beta-citronellol. Here they publish some new data
investigating the influence of the timing of hop addition.
They brewed beers with the geraniol enriched hop varieties
Cascade, Bravo, and Mosaic. The content of geraniol in
finished beer was increase by delaying the timing of hop
addition, while the yeast growth phase was avoided.
However the Beta-citronellol content in the finished beers
made with the same hop variety was not dependent on the
timing of hop addition, but was constant. This article
provides a good insight into concentrations of
monoterpenes during the course of brewing including dry
hopping.
Read more
Source: Barth Innovations
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These Days in Business History
April 7
1348 Prague University, 1st university in central Europe, formed by Charles IV
1902 Texaco, Oil Company forms
1948 World Health Organization forms by U.N.
April 8
1862 John D. Lynde patents aerosol dispenser
1904 John R Hicks is born, British economist (Nobel 1972)
April 9
1799 Income Tax introduced in UK
2007 Apple Computers unveils the revolutionary iPhone
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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Malt News
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World: Malt export figures in July/Jan higher for Argentina, the US, and the EU
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The IGC reports the following malt shipments (in grain equivalent) during July/Jan 2013/14:
Argentina is reported to have shipped 513 thousand tonnes of malt
...More info on site
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Brewery News
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USA: Constellation Brands Q4 profit nearly doubled on strong beer sales
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Constellation Brands Inc reported on April 9 a fourth-quarter profit that nearly doubled, helped by strong sales of its beers such as Corona and
...More info on site
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USA: Analysts forecasts of Constellation Brands performance in the future are very optimistic
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Shares of Constellation Brands Inc. nearly doubled last year and are up another 15% in 2014 on optimism over the company's U.S. beer business.
...More info on site
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Turkey: Efes’ decision to close a brewery sends shockwaves through Turkey’s alcoholic beverages sector
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A decision by Turkey’s biggest brewer to shut down a production facility due to declining sales has sent shockwaves through the country’s alcoholic beverages
...More info on site
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Portugal: Unicer eyes global growth without clashing with 44% shareholder Carlsberg
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The CEO of Portuguese beer giant Unicer insists his firm will target global growth without clashing with 44% shareholder Carlsberg, BeverageDaily.com reported on April
...More info on site
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Africa: SABMiller announces changes in Africa business
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SABMiller PLC said on April 7 it plans to consolidate its South African and African regions into one from July 1 for management purposes, and this will be headed up by Mark Bowman, currently managing director of SABMiller Africa.
"As we look to capitalize on our global scale and presence, we see significant advantages in managing all of our African businesses as one region," Group Chief Executive Officer Alan Clark said.
"We believe there is strong potential for profitable growth in both beer and total beverages in Africa, and, by harnessing the skills of our South African and African business in a combined Africa region, we believe that we will be better placed to access growth prospects across the entire continent," Mr. Clark added.
The International brewer, with more than 200 beer brands and some 70,000 employees in more than 75 countries, added that Norman Adami will stand down as chairman of SABMiller Beverages South Africa from July 1, and retire from the group on July 31.
SABMiller, which has the Pilsener Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch brands among its portfolio, said Mauricio Leyva, currently managing director of Beer South Africa, will become chairman and managing director of SAB Ltd.
...More info on site
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Belgium: UNESCO considering a petition to include Belgian beer culture on its list of immaterial cultural heritage
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Belgium has petitioned the United Nations' education and cultural agency UNESCO to include Belgian beer culture on its list of immaterial cultural heritage, Expatica.com reported on April 2.
UNESCO officials in Paris will have the final say, but the first signs are very positive.
It was Belgium's Germanophone community that handed in the dossier with support of its Flemish and Francophone counterparts.
The recognition procedure has been underway for many years.
Belgium's Flemish Community made a start in 2011.
It was followed by the Francophone Community the following year. All three of Belgium's language-based communities needed to back the initiative if it was to stand any chance of succeeding.
Belgium's dossier will now be scrutinised by the Secretariat of the Convention for the Protection of Immaterial Cultural Heritage.
If accepted Belgian beer culture will join the following Belgian events or activities on the UNESCO list: the Ros Beiaard Procession in Dendermonde, the Holy Blood Procession in Bruges, Carnival in Aalst, falconry and shrimp fishing at Oostduinkerke.
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Canada: An unprecedented number of small breweries getting ready for opening this year
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Large brewers like Molson and Labatt have never had much trouble getting their beers to market in Canada. For a long time, they were
...More info on site
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Haiti: Heineken investing $100 mln in its Haiti plant
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Netherlands-based brewing giant Heineken announced on April 4 that it is investing $100 million in its Haiti production plant that makes the popular lager
...More info on site
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South Korea: Lotte Liquor’s first Kloud beer to take on current market leaders
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Lotte Liquor is throwing down the gauntlet in the domestic beer market by launching its first beer, Kloud, Korea JoongAng Daily reported on April 7.
Lotte Liquor said last week that it is launching the new Kloud - which refers to Korea and a rich, cloud-like foam - to take on market leaders Oriental Brewery, which has 60 percent of the market with Cass and OB brands, and Hite Jinro, which has 40 percent.
The company said it would be the first beer made in Korea to use the original gravity method of production, which is used in Germany.
The gravity method does not add water to the fermented solution of raw materials, and beers manufactured that way have rich foam and taste.
Kloud is a premium beer that uses European hops and yeast from Germany, the company explained.
“We chose the original gravity method to reflect the consumers’ dissatisfaction over the taste of beer currently available,” said a spokesman for Lotte Liquor.
“In order to emphasize that it is Korean beer, we used the letter K for Kloud,” said Woo Chang-kyun, marketing director of Lotte Liquor.
It also reflects its ambitions to seize the Korean beer market with richer foam, which rises like
...More info on site
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Brazil: Ambev to freeze beer prices till the end of FIFA World Cup
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Brazil’s beer industry giant Ambev announced on April 4 it would not be increasing the prices of its products until the FIFA World Cup ends (in mid-July).
The company’s portfolio includes such popular brands as Skol, Antarctica, Brahma, Bohemia, and Original.
The announcement came after the government raised the tax on beer and some other drinks, betting that consumption during the soccer World Cup in June and July would help shore up its finances. The tax is equal to around 1 cent an item, the government said.
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Singapore: Carlsberg Singapore adds Japan’s Asahi beer to its portfolio
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Carlsberg Singapore said on April 7 that it was adding Japan's number-one beer brand, Asahi, to its portfolio.
The company acquired a 51 per cent stake in MayBev Pte Ltd, the sole distributor of Asahi in Singapore.
MayBev's core business comprises the sales, marketing and distribution of a wide portfolio of international beverages, including Pravda and Heavy Water vodkas, Zonin wines and various specialty Japanese soft drinks.
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Sierra Leone: Sierra Leone president sees Heineken as a friend of the nation
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Sierra Leone president Ernest Bai Koroma on April 4 described Heineken as a friend of Sierra Leone; a friendship that is borne out of the fact that Heineken has been with Sierra Leone through thick and thin, AllAfrica reports.
"The war hit Heineken badly, but its loyalty to our country has been unshakable. Heineken is very much part of the historical narrative of Sierra Leone; and we believe it will continue to be part of the narrative of the rise of Sierra Leone," he said.
President Koroma made this statement during his visit to the headquarters of the company in Amsterdam, Holland. He also noted that a friend of a country acts in concert with a country's aspirations. "Our aspirations for foreign direct investment saw Heineken investing over EUR10 mln in the last four years."
He further disclosed that Sierra Leone's aspirations for increased local content in production activities saw Heineken sourcing 40% of its raw materials locally, and added: "We applaud your ambition to increase it to 60% by 2020."
Siep Hiemstra, Regional President Africa and Middle-East in his welcome statement said Heineken is one of the major international brewers and its Heineken beer is the only beer brand sold in almost all
...More info on site
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Barley News
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World: This year’s grain crop expected to be more or less similar to last year’s ‘extremely good’ one
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Last year’s total grain crop was extremely good, and global production was larger than consumption for the first time since 2009/10, an industry report
...More info on site
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USA: Transportation continues to be major factor in cash markets for barley
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Transportation, or really the lack of transportation, continues to be major factor in the cash markets for both feed and malting barley classes, according
...More info on site
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Russia: Malting barley imports total 260,000 tonnes last year
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According to official Federal Customs Service data, Carlsberg-owned Baltika Breweries was the main importer of malting barley in Russia last year, with total purchases
...More info on site
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France: Malting barley prices stable despite decline in feed grain values
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Despite the fact that feed grain markets have been showing a bearish trend, malting barley prices have held their ground and even strengthened a
...More info on site
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USA: Idaho barley growers to increase barley acreage going against trend
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Idaho growers anticipate increasing their barley acres, while the other major barley states plan to plant less, Capital Press reported on April 7.
Idaho is poised to further distance itself from North Dakota, Montana and Washington this season as the nation’s top barley production state, a March 31 USDA planting intentions report suggests.
Though Montana growers will plant far more acres, and North Dakota will plant a comparable barley crop, industry leaders say it’s a safe bet Idaho will again emerge as the barley production leader thanks to its strong yields under irrigation. Gem State growers told USDA’s National Agricultural Statistics Service they intend to plant 660,000 acres of barley this spring, up by 30,000 acres from last season.
Idaho became No. 1 in barley production in 2011, before being supplanted by North Dakota the following year. Idaho reclaimed its top position last season with a crop USDA estimated at 55.8 million bushels.
According to the recent USDA report, growers nationwide intend to plant 3.165 million barley acres, down from 3.48 million acres. North Dakota growers are expected to plant 650,000 barley acres, down by 110,000 acres. Montana growers intend to plant 900,000 barley acres, down 90,000 acres. Growers in Washington, the No. 3
...More info on site
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