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Flash Summary
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E-Malt.com Flash 15b
April 10 - April 13, 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 11, 2014 |
Base Currency: US Dollar
on April 11, 2014 |
| |
1 EUR = 1.3866 USD
1 EUR = 0.8260 GBP
1 EUR = 1.5112 CAD
1 EUR = 1.4729 AUD
1 EUR = 141.0490 JPY
1 EUR = 3.0411 BRL
1 EUR = 49.3207 RUB
1 EUR = 8.5530 CNY
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1 USD = 0.7213 EUR
1 USD = 0.5957 GBP
1 USD = 1.0899 CAD
1 USD = 1.0623 AUD
1 USD = 101.7280 JPY
1 USD = 2.1932 BRL
1 USD = 35.5698 RUB
1 USD = 6.1684 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 11, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
188.00-190.00 |  1.07% |
197.00-199.00 |  |
| 6rw Barley |
179.00-181.00 | 1.12% |
187.00-189.00 | |
| 2rs Malt |
384.00-386.00 | 0.64% |
391.50-393.50 | |
| 6rw Malt |
373.00-375.00 | 0.66% |
379.50-381.50 | |
| Feed Barley |
161.00-163.00 | 0.62% |
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 up 3.7% in July-February
...Click here
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Canada: Beer sales decline though it still remains the favourite drink in Canada
...Click here
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Belgium & China: AB InBev’s purchase of Siping Ginsber Draft Beer gets regulatory approval
...Click here
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World: Malting barley supplies shrink – industry sources
...Click here
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World: Barley trade forecast for 2013/14 reduced in USDA’s April report
...Click here
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EU: Latest barley planting reports from major EU barley producing nations
...Click here
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Turkey: Beer hit the hardest by the latest tax increase on alcoholic drinks
...Click here
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Canada: Canada barley planting projected to fall in 2014/2015
...Click here
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Zimbabwe: SABMiller’s Delta Corp. sees 18% decline in annual lager volume
...Click here
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South Korea: Beer industry expected to change considerably due to new legislation
...Click here
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USA: The American Malting Barley Association releases recommending malting barley varieties list
...Click here
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Nigeria: SABMiller to triple output capacity at its Onitsha brewery in response to robust demand for Hero Lager
...Click here
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Belarus: President requires modernization of beer industry
...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 10
1790 U.S. Patent system forms
1930 Synthetic rubber 1st produced
1956 Philips broadcasts 1st Dutch color TV programs
April 11
1929 Loetafoon celluloid film system demonstrated in Amsterdam
1992 Euro-Disney opens near Paris
1994 Software programmer Marc Andreesen, then 22 years old, and venture capitalist Jim Clark, the co-founder of Silicon Graphics Inc., founded Mosaic Communications Corp
April 12
1903 Jan Tinbergen is born, Dutch economist and U.N. advisor, Nobel 1969
1905 French Dufaux brothers test helicopter
1996 One of the first companies ever to go public with an exclamation point in its name, Yahoo! Inc., launches its IPO on NASDAQ, selling 2.6 million shares at an initial price of $13 a share
April 13
1785 John Walter publishes 1st issue of London Times
1888 National Geographic Society founded in Washington, D.C.
1942 Henry Ford patents a method of constructing plastic auto bodies
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)
21-24: South Beer Cup 2014 (Belo Horizonte, Brazil)
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 up 3.7% in July-February
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A total of 1238.6 thousand tonnes of barley was used by the British brewers, maltsters, and distillers in July-February 2013/14, which represents an increase
...More info on site
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Brewery News
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Canada: Beer sales decline though it still remains the favourite drink in Canada
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Canadians are buying less beer, but more wine and spirits, according to Statistics Canada, which reported on April 10 that Canadians spent C$21.4 billion
...More info on site
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Belgium & China: AB InBev’s purchase of Siping Ginsber Draft Beer gets regulatory approval
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China’s anti-monopoly regulator has approved AB Inbev’s purchase of Siping Ginsber, a mid-sized Chinese brewer, Seeking Alpha reported on April 9.
Earlier this year, industry
...More info on site
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Turkey: Beer hit the hardest by the latest tax increase on alcoholic drinks
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While the official justification for restricting alcohol sales and advertisement in Turkey has always nominally been to protect public health, many seem to agree
...More info on site
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Zimbabwe: SABMiller’s Delta Corp. sees 18% decline in annual lager volume
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SABMiller's Zimbabwe affiliate reported an 18 percent decline in annual volume of lager beer on April 10, hit by an economic slowdown that has dented consumer demand.
Delta Corporation is 38 percent owned by global brewing giant SABMiller. It said in a trading statement its lager business had also taken a knock from government levies, which pushed prices up.
Delta, Zimbabwe's largest listed company with a $1.4 billion market capitalisation, produces lager and sorghum beer as well as non-alcoholic beverages. Its total beverage production was flat at 6.9 million hectolitres during the year to March.
Revenue, which peaked to $631 million last year, declined by 1 percent during the period. The company is due to announce its full-year results next month.
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South Korea: Beer industry expected to change considerably due to new legislation
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The relatively bland South Korean beer industry is brewing a big change in the wake of a recent amendment to the Liquor Tax Law, which took effect April 1, The Korea Times reported on April 11.
The revision is designed to lower the entry barrier for small and medium-sized businesses, and brewpubs.
Rep. Hong Jong-haak of the New Politics Alliance for Democracy is one of lawmakers who pushed for the legislation of the deregulation bill.
Before the revision, only companies that have production capacity of more than 150 kilolitres could distribute their beer into the market. Brew masters had to sell their hand-made beer only in their pubs.
The revision lowered the required standard production to 75 kilolitres, so that small- and medium-sized enterprises can easily enter into the market.
It also enabled brew masters to distribute their beer outside their pubs through wholesale dealers, for example, to supermarkets and bars.
The revision also calls for the government to cut the tax rate from 80 percent to 60 percent for a maximum delivery amount of 300 kilolitres, a big boon to small-scale manufacturers.
“It will create an atmosphere where various beer-makers can enter into the market. It will then increase price competitiveness of beer,” said Hong during
...More info on site
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Nigeria: SABMiller to triple output capacity at its Onitsha brewery in response to robust demand for Hero Lager
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At the Estate Sports Club in the southeastern Nigerian city of Onitsha, men troop up to the open-air bar and order a bottle of "Oh Mpa", the local name for SABMiller’s Hero beer. It means "Oh Father" in Igbo, and is widely regarded as referring to the late Chukwuemeka Odumegwu-Ojukwu, who led a failed attempt to secede from Nigeria in the 1960s and set up an independent nation of Biafra that sparked a 30-month civil war, Business Day Live reported on April 11.
In response to robust demand for Hero Lager and other drinks, SABMiller plans to invest $110 mln to triple its output capacity at the 18-month-old Onitsha brewery, to 2.1-million hectolitres a year.
Nigeria, Africa’s most populous country with about 170-million people, is the continent’s second-largest beer market after South Africa, growing at an annual volume of 6%, SABMiller says.
The company, which has brewing or beverage interests in 32 African countries, entered the Nigerian market in 2009 with the purchase of controlling interests in Pabod Breweries, based in the southern oil hub of Port Harcourt.
SABMiller is competing in Africa’s top oil producer with rivals including Diageo, which since 2007 has sold more Guinness in Nigeria than in the beer’s native
...More info on site
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Belarus: President requires modernization of beer industry
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The Belarusian President Alexander Lukashenko has required the modernization of beer industry. In spite of introduction of high-tech equipment, local beer output keeps falling with the import growing, TVR.by reported on April 10.
Alexander Lukashenko ordered the government to revive the industry and attract additional investments. The beer plants are not working at their full capacity. Though Belarus has a developed industry, the share of import amounts to 30%. The plans of the government on import substitution are not being fulfilled.
All difficulties began with the emergence of multinationals at the market. A new bill will be passed on July 22, which is going to regulate the order on the market. The Chair of the State Control Committee Alexander Yakobson says that marketing and sales policy is in fact very poor. Besides, it is necessary to toughen the control over the imported beer.
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Barley News
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World: Malting barley supplies shrink – industry sources
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Malting barley supplies, with an apparent large oversupply after the 2013 harvest, were seen as smaller by the beginning of April, an industry report
...More info on site
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World: Barley trade forecast for 2013/14 reduced in USDA’s April report
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USDA in its April report slightly reduced the forecast for global barley trade in 2013/14 to 20.560 mln tonnes from 20.660 mln in March.
Canadian
...More info on site
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EU: Latest barley planting reports from major EU barley producing nations
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France planted 1.2 mln ha of winter barley, half of which malting varieties, possibly 50,000 ha of two-row winter and 550,000 tons of six-row
...More info on site
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Canada: Canada barley planting projected to fall in 2014/2015
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The U.S. Department of Agriculture attache in Canada issued a report about grain planting in the country, Reuters reported on April 7. The following are selected highlights from the report:
The USDA's Foreign Agricultural Service (FAS) attache said plantings of wheat, barley, oats and corn will decline in the 2014/15 marketing season after slow rail transportation to market created burdensome stockpiles of the commodities.
"The large crop combined with logistical issues that slowed down the movement of the crop to export positions has resulted in producers having to make seeding decisions without knowing exactly what will be the carry-over from the current crop," the attache said in a report dated April 2 and released on April 7.
"With carry-over stocks that are significantly higher than average for wheat, durum, barley and corn, there is the expectation that there will be reduced acreage seeded to these crop compared to 2013 levels," the attache said.
Attache reports are not official USDA data.
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USA: The American Malting Barley Association releases recommending malting barley varieties list
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The American Malting Barley Association, Inc. (AMBA), a nonprofit trade association of U.S. malting, brewing, and distilling companies, has announced recommended malting barley varieties for the 2014 growing season.
Two varieties were added to the recommended list for 2014 and no varieties have been dropped from the previous year.
The added varieties are a two-row variety named ABI Voyager and the six-row variety Innovation. Both these varieties were developed by Busch Agricultural Resources, LLC from crosses made at its facilities in Fort Collins, Colo.
ABI Voyager has high yields in the intermountain region of the western U.S. with improved resistance to the disease Spot Blotch which may allow it to be grown further east than most North American two-rows.
Innovation is broadly adapted and exhibits good kernel plumpness in the upper Midwest and irrigated regions of western North Dakota and eastern Montana.
The recommended two-rowed varieties for 2014 are ABI Voyager, AC Metcalfe, CDC Copeland, CDC Meredith, Charles, Conlon, Conrad, Expedition, Harrington, Hockett, Merit, Merit 57, Moravian 37, Moravian 69, Pinnacle, Scarlett, and Wintmalt.
Six-rowed varieties are Celebration, Innovation, Lacey, Legacy, Quest, Robust, Stellar-ND, and Tradition.
Demand for individual varieties varies and malting barley growers are encouraged to contact their local elevator, grain handler or processor to
...More info on site
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