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Flash Summary
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E-Malt.com Flash 23a
June 03 - June 05, 2013
Quote of the Week
"Brewers enjoy working to make beer as much as drinking beer instead of working."
Harold Rudolph
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Currency Rates
Base Currency: Euro
on June 05, 2013 |
Base Currency: US Dollar
on June 05, 2013 |
| |
1 EUR = 1.3072 USD
1 EUR = 0.8540 GBP
1 EUR = 1.3486 CAD
1 EUR = 1.3494 AUD
1 EUR = 130.6770 JPY
1 EUR = 2.7857 BRL
1 EUR = 41.6919 RUB
1 EUR = 8.0766 CNY
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1 USD = 0.7651 EUR
1 USD = 0.6533 GBP
1 USD = 1.0316 CAD
1 USD = 1.0323 AUD
1 USD = 99.9703 JPY
1 USD = 2.1310 BRL
1 USD = 31.8936 RUB
1 USD = 6.1785 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 05, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
201.00-203.00 |  0.49% |
213.00-215.00 |  |
| 6rw Barley |
196.00-198.00 | 0.51% |
204.00-206.00 | 0.49% |
| 2rs Malt |
401.00-403.00 | 0.16% |
411.50-413.50 | |
| 6rw Malt |
395.00-397.00 | 0.16% |
400.50-402.50 | 0.31% |
| Feed Barley |
181.00-183.00 | 0.55% |
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 & Mexico: AB InBev completes combination with Grupo Modelo
...Click here
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Russia: AB InBev forced to close another brewery in Russia
...Click here
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USA: AB InBev, Constellation Brands seek dismissal of private antitrust lawsuit
...Click here
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EU: Zero import duties for barley and wheat not to be extended
...Click here
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France: MY 2012/13 almost over with no significant deals for malting barley reported at the moment
...Click here
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UK: Barley production to increase by 1.3 mln tonnes this year
...Click here
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Australia: Coopers Brewery looking for new licence deals and interstate sales to sustain growth
...Click here
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Bulgaria: Fruit beer popularity rises among both men and women
...Click here
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Slovakia: Recent boom in craft beer industry leads to increased interest in beer tourism
...Click here
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Zimbabwe: Delta Corporation waiting for approval of indigenisation plan for three years already
...Click here
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Graph of the week
Table of the week
EU-28 Total Barley and Malting Barley Production
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
Advances in hop aroma research - how much do we know today, oral lecture at EBC
2013 Luxembourg
ABSTRACT
Though we have a basic understanding about which components can be attributable to floral, citrus, fruity, spicy, herbal and woody flavours, the very unique aromas of hoppy beers cannot be fully explained. The challenge is to understand aroma interactions, the release of aroma components by yeast, the formation of aroma active thiols and our personal perception of volatiles. So there are enough questions on hop aroma to look well into in the future.
Read more
Source: Barth Innovations
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These Days in Business History
June 3
1748 Amsterdam establishes municipal postal service
1903 Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
June 4
1070 Roquefort cheese created in a cave near Roquefort, France
1875 Pacific Stock Exchange opens
1953 Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so
June 5
1507 England and Netherlands sign trade agreement
1933 Gold standard abolished
5 British population agrees to European Common Market membership
1977 Apple II, the 1st personal computer, goes on sale
Agenda
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
16-20: Drinktec 2013 (Munich, Germany)
21/09 -06/10: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10 - 01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
More events are available on site e-malt.com
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Brewery News
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Belgium & Mexico: AB InBev completes combination with Grupo Modelo
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Anheuser-Busch InBev and Grupo Modelo, S.A.B. de C.V. on June, 4 announced that AB InBev has successfully completed its combination with Grupo Modelo in
...More info on site
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Russia: AB InBev forced to close another brewery in Russia
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Beer giant Anheuser-Busch InBev said on June, 4 it is closing a brewery in Russia, blaming high taxes and increased regulation for driving down
...More info on site
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USA: AB InBev, Constellation Brands seek dismissal of private antitrust lawsuit
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Anheuser-Busch InBev NV seeks dismissal of a private antitrust lawsuit alleging its $20 billion acquisition of Grupo Modelo SAB will lead to higher beer prices, while nine customers who filed the lawsuit asked a judge to postpone the deal, Bloomberg reported on June, 4.
Budweiser-maker AB InBev, the world’s largest beer company, agreed as part of the merger for winemaker Constellation Brands Inc. to buy the stake that Modelo holds in their joint U.S. distribution venture for $1.85 billion. AB InBev called the customers’ claims that the deal will allow it to control Constellation and conspire to raise beer prices “outlandish and completely unsupportable.” Constellation also asked a judge to dismiss the lawsuit.
AB InBev made binding commitments in the U.S. Justice Department-supported transaction to turn Constellation into a competing brewer that will produce and control all of Mexico City-based Modelo’s brands in the U.S., including Corona, the country’s biggest import, AB InBev said in filings on June, 3 in federal court in San Francisco.
The antitrust complaint “should be seen for what it is: the latest in a line of shakedown attempts by plaintiff’s counsel premised on baseless assertions of fact,” said Allen Ruby, AB InBev’s attorney.
Attorney Joseph Alioto, representing beer consumers
...More info on site
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Australia: Coopers Brewery looking for new licence deals and interstate sales to sustain growth
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Australia’s Coopers Brewery is looking for new licence deals and interstate sales to sustain the growth it has recorded over the past two decades, News.com.au reported on May, 31.
Coopers managing director Dr Tim Cooper said the company was about to conclude 20 years of continuous growth at an average 9.9 per cent a year.
"It is going to be harder (as the base grows) but we reckon there's still scope to keep growing our volumes," he said.
"We may never reach 10 per cent of the national market, but we certainly think we can get to 7 per cent. It may take us another 10 years but we think we can get there."
Coopers accounts for 4.3 per cent of the total national volume.
"We'd like to expand the portfolio even though there are fewer opportunities because of consolidation in the industry globally," Dr Cooper said.
Expanding on comments made to a Committee for Economic Development of Australia forum, Dr Cooper said that things had to change.
"We at Coopers are lucky in a way that for a company of our size with a turnover approaching A$200 million, we don't employ a lot of people," he said.
"We only employ 130 people here. Most companies with our
...More info on site
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Bulgaria: Fruit beer popularity rises among both men and women
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Fruit beer conquers Bulgaria’s market, studies show. As compared to last year, twice as many people are buying a combination of beer with lemon or grapefruit. Thus, the market share of this type of beverage is now 2%, Bulgarian beer producer Zagorka reported on June, 3.
Most fans of the combination of beer and fruit juice are among women and men aged between 18 and 35, the findings of the producers show. According to their data, this kinds of mixes is consumed primarily at home, with only 29% of sales in restaurants.
Fruit beers are more popular with women (54% of users), but more and more men are also beginning to reach out for them. The trend is that the number of fans of mixes is on the grow Carlsberg Bulgaria confirmed. Not surprisingly, this year almost all manufacturers marketed a "radler" type beverage, the industry commented.
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Slovakia: Recent boom in craft beer industry leads to increased interest in beer tourism
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Slovakia is not on most people’s radar when it comes to the production or consumption of beer. But a recent boom in reviving old breweries and launching small, new local breweries has made it a place of interest for so-called beer tourists, who are eager to travel far and wide to sample new and different flavours, The Slovak Spectator reported on June, 3.
Numerous plans to open new breweries and pubs across the country prove that this trend is on the rise. Thus, in addition to its abundance of wine destinations, Slovakia can add beer to its list of attractions.
“Prospects for development of beer tourism in Slovakia are very good, especially because the tourist is looking for something exceptional,” Ladislav Kovács, the vice-chairman of the Association of Small Independent Breweries of Slovakia and the director of Kaltenecker, a small brewery in Rožňava, is quoted as saying.
He believes that a small brewery can provide exactly this: visitors can taste special, locally brewed beers directly in the brewery while experiencing the atmosphere of the place where the beer is brewed. “He [the beer enthusiast] is walking between tanks [and] production technologies, and is watching and tasting beer directly from the tanks,
...More info on site
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Zimbabwe: Delta Corporation waiting for approval of indigenisation plan for three years already
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Zimbabwe Stock Exchange-listed industrial concern Delta Corporation Limited, an associate of SABMiller, says it is still waiting for a response from government on an indigenisation plan submitted three years ago, the group chief executive was quoted as saying by News Day on June, 5.
The Indigenisation and Economic Empowerment Act requires foreign-owned companies with a net asset value of $500 000 or more to sell a 51% stake to indigenous people.
Speaking at the Imara Capital Investment conference in Harare, Delta CEO Pearson Gowero on Monday, June, 3 said: “We have no clearance, but we comply with the country’s laws. As a business we have submitted an indigenisation plan, as of today our plan has not been signed off since 2010.”
According to the Zimbabwe Stock Exchange (ZSE) as of January 31, 2013, the top three shareholders for Delta were Stanbic Nominees (22.79%), SABMiller Zimbabwe (21.86%) and Rainier incorporated with 15.75% shareholding.
Market watchers say foreign investors would surpass the 51% threshold, as Delta has been a favourite stock for foreign investors on ZSE. Major manufacturing concerns such as cigarette maker British American Tobacco have already partially complied with the empowerment law.
Gowero said the company would continue to engage government regarding the Indigenisation Act.
Turning
...More info on site
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EU: Slovenia becomes member of Brewers of Europe
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The Brewers of Europe has approved the candidature of Slovenia as its 29th member, the association reported on June, 3.
Beer is brewed in every EU country and Slovenia is no exception, with a rich beer brewing heritage that today creates around 10 thousand jobs. With Slovenians consuming around 80 litres per capita, Slovenian breweries brew over 150 million litres of beer each year, approximately a quarter of which is exported.
The Association of Slovene Brewers was welcomed into the European umbrella association for brewers at a meeting of The Brewers of Europe´s General Assembly in Luxembourg.
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Barley News
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EU: Zero import duties for barley and wheat not to be extended
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The European Union's cereals management committee voted not to extend zero import duties for feed wheat and barley quotas beyond the end of the
...More info on site
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France: MY 2012/13 almost over with no significant deals for malting barley reported at the moment
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Marketing year 2012/13 is drawing to a close without any significant deals in malting barley reported recently, La Depeche said on June, 3.
Malting barley
...More info on site
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UK: Barley production to increase by 1.3 mln tonnes this year
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Compared to wheat, there is a somewhat different picture for barley markets in 2013-14, especially in the UK where the failure of some winter
...More info on site
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USA: Barley plantings progressing at good pace
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Despite the late start to spring planting and heavy rainfall over much of North Dakota starting on May 18, growers in the region have
...More info on site
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