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Flash Summary
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E-Malt.com Flash 23b
June 06 - June 09, 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 09, 2013 |
Base Currency: US Dollar
on June 09, 2013 |
| |
1 EUR = 1.3222 USD
1 EUR = 0.8502 GBP
1 EUR = 1.3489 CAD
1 EUR = 1.3928 AUD
1 EUR = 129.0360 JPY
1 EUR = 2.8453 BRL
1 EUR = 42.6357 RUB
1 EUR = 8.1672 CNY
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1 USD = 0.7567 EUR
1 USD = 0.6429 GBP
1 USD = 1.0202 CAD
1 USD = 1.0534 AUD
1 USD = 97.5790 JPY
1 USD = 2.1519 BRL
1 USD = 32.2458 RUB
1 USD = 6.1769 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 09, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
201.00-203.00 |  |
213.00-215.00 | |
| 6rw Barley |
196.00-198.00 | |
204.00-206.00 | |
| 2rs Malt |
401.00-403.00 | |
411.50-413.50 | |
| 6rw Malt |
395.00-397.00 | |
400.50-402.50 | |
| Feed Barley |
179.00-181.00 |  1.10% |
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.
India: SABMiller inks strategic brewing pact with liquor producer Khoday - report
...Click here
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Mexico: Federal antitrust probe into Heineken and Grupo Modelo’s distribution agreements nearing the end
...Click here
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Belgium: Craft beer keeps gaining market share from pils
...Click here
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The Czech Republic: Molson Coors forced by flooding to halt production at Staropramen brewery
...Click here
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China: Drop in malting barley imports puzzles analysts
...Click here
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Russia: Early harvest expected to result in very strong early season exports of wheat and barley
...Click here
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World: AB InBev adopts new series of aggressive five-year environmental goals
...Click here
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Bulgaria: Carlsberg Bulgaria plans investments in Blagoevgrad brewery and Pirinsko beer brand
...Click here
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USA: Calorie content and nutritional information labelling for beer and strong alcohol remains optional
...Click here
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World: John Manser to continue as acting Chariman at SABMiller while Graham Mackay is on medical leave of absence
...Click here
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EU: Plzenský Prazdroj’s current CEO appointed as SABMiller’s European Commercial Director
...Click here
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India: Complaint against SABMiller India rejected by fair trade watchdog
...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 6
1875 Netherlands goes on the gold standard
1882 Electric iron patented by Henry W Seely, New York City
1925 Walter P. Chrysler founds the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co.
June 7
1775 United Colonies change name to United States
1887 Monotype type-casting machine patented by Tolbert Lanston
1965 Sony Corp introduced its home video tape recorder
June 8
1824 Washing machine patented by Noah Cushing of Quebec
1916 Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 Tim Berners-Lee, future inventor of the World Wide Web, is born in London
June 9
1822 Charles Graham patents false teeth
1869 Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1994 Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
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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India: SABMiller inks strategic brewing pact with liquor producer Khoday - report
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Yesteryear liquor powerhouse Khoday India Limited, which is in the process of delisting from the stock exchanges, has inked a strategic brewing pact with
...More info on site
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Mexico: Federal antitrust probe into Heineken and Grupo Modelo’s distribution agreements nearing the end
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Heineken NV and Grupo Modelo SAB, the dominant brewers in Mexico with brands such as Dos Equis and Corona, are nearing the end of
...More info on site
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Belgium: Craft beer keeps gaining market share from pils
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Beer lovers in Belgium keep increasing their purchases of craft beer, a research carried out by Beer & Socitey Information Center in April shows.
Even
...More info on site
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The Czech Republic: Molson Coors forced by flooding to halt production at Staropramen brewery
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Molson Coors' was forced to halt production at a Staropramen brewery in the Czech Republic, while one of its distribution sites remains closed due
...More info on site
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Bulgaria: Carlsberg Bulgaria plans investments in Blagoevgrad brewery and Pirinsko beer brand
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Carlsberg's Bulgarian unit is launching a lemon version of its Pirinsko beer as part of a BGN5 mln (US$3.4 mln) investment in the brand
...More info on site
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World: AB InBev adopts new series of aggressive five-year environmental goals
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The world's biggest beer brewer, Anheuser-Busch InBev has adopted an aggressive series of five-year environmental goals, calling for further reductions in water and energy consumption and setting its first formal targets for packaging reductions and eco-friendly coolers, GreenBiz.com reported on June, 5.
The seven new commitments come just four months after AB InBev revealed it had surpassed previous three-year commitments for water, energy and waste.
The Belgian-based brewer already has saved enough water to produce about 25 billion cans of AB InBev beverages. Currently, it uses an average of 3.5 hectolitres of water for every hectolitre of production.
Now it is trying to squeeze more from the process: The new five-year goal aims to reach a global average of 3.2 hectolitres of water per hectolitre of production. For those who like to visualize this sort of thing, that works out to the amount of water it would take to fill approximately 5,400 Olympic swimming pools.
The Carterville brewery in Georgia, USA, already has outstripped that goal: It uses just 2.8 hectolitres of water per hectolitre of production.
To move toward that measure in other production facilities, the company is introducing water management measures in each of its key barley growing regions through partnerships with local
...More info on site
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USA: Calorie content and nutritional information labelling for beer and strong alcohol remains optional
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Wine, beer and spirits manufacturers may soon have to disclose calorie content and other nutritional information on bottles and cans. But for now, such labeling remains optional, ABC News reported on June, 5.
The U.S. Alcohol and Tobacco Tax and Trade Bureau, which is part of the Treasury Department, proposed a labeling rule in 2007 that would require alcoholic beverage manufacturers to include calories, carbohydrates, fat and protein content on their labels, but it has yet to make a decision on whether to implement the rule. It announced last week that manufacturers could add this information if they wanted to.
"What's interesting to me is that the reason why beverage companies want it and consumers want it is totally different," said Sara Bleich, a health policy professor at Johns Hopkins Bloomberg School of Public Health. "It's an example of two groups having different goals while having a sweet spot that seems to work for both."
Low-calorie beer manufacturers are hoping the labels will target people trying to lose weight, believing that's a way to boost sales, she said, adding that studies find that middle-income white women were most likely to pay attention to the labels.
And consumers want more information to make educated choices.
Even
...More info on site
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World: John Manser to continue as acting Chariman at SABMiller while Graham Mackay is on medical leave of absence
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British brewer SABMiller Plc's board has granted medical leave of absence to its Chairman, Graham Mackay, for him to focus on his continuing treatment following his brain tumour surgery in April 2013.
For the time being, John Manser, Deputy Chairman, would continue as acting Chairman, SABMiller said earlier this week.
The board would keep the position under review as Mackay's treatment progresses, and an announcement about the future will be made as soon as any definitive decisions are taken, the world’s second-largest brewer said.
Considering John Manser's increased time commitments and responsibilities as acting Chairman, Manser stood down as chairman of the audit committee on June 5, 2013, a year before than originally planned, and retired from the audit and remuneration committees, with Mark Armour succeeding Manser as the audit committee's chairman.
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EU: Plzenský Prazdroj’s current CEO appointed as SABMiller’s European Commercial Director
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Doug Brodman, current CEO and Managing Director of Plzenský Prazdroj, has been appointed as European Commercial Director in the mother company SABMiller, the brewer announced on June, 6.
New CEO and Managing Director of Plzensky Prazdroj, Paolo Lanzarotti will assume his new responsibilities officially from 1 August 2013. After almost four years at the helm of Plzenský Prazdroj, Doug Brodman will leave the post on July to join the European Leadership team of SABMiller as Commercial Director for Europe.
Paolo Lanzarotti has been appointed as CEO and Managing Director of Plzenský Prazdroj and will assume his new responsibilities officially from 1 August 2013. He joined SABMiller in 2005 progressing through a series of Commercial and General Management roles in Italy, India and Slovakia.
With total sales of almost 9.9 million hectolitres in 2012 (including licensed production abroad) and exports to more than 50 countries around the world, Plzenský Prazdroj is a major beer producer in the region and the largest exporter of Czech beer.
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India: Complaint against SABMiller India rejected by fair trade watchdog
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Fair trade watchdog Competition Commission of India has rejected a complaint of alleged anti- competitive practices against beer maker SABMiller India, Economic Times reported on June, 5.
Hyderabad-based Official Beverages, a manufacturer of soda and packaged drinking water, had alleged that SABMiller was abusing its dominant positions besides forming a cartel that hurt the business interests of the complainant.
Rejecting the plea of Official Beverages, which had a franchise pact with SABMiller, CCI said the "dispute between the parties was business/commercial dispute regarding implications of the franchisee agreement".
Observing that there is no prima facie evidence for further investigation on the complaint, the regulator in an order dated May 31 said, "No competition issue arises in this case".
Under the franchise agreement with SABMiller, Official Beverages was to manufacture packaged drinking water, sparkling water and packaged soda with the former's trademark.
The pact, signed in March 2009, was valid for three years, but it was terminated in February 2012. Official Beverages has alleged that terms were completely one sided and favoured the beer maker.
After the pact was terminated, the complainant said that SABMiller along with 12 other clearing and forwarding agents withheld the sale consideration. The 12 entities were
...More info on site
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Barley News
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China: Drop in malting barley imports puzzles analysts
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A puzzling slump in Chinese malting barley imports, besides improved crop conditions in major producing countries, is stoking expectations of a turn lower in
...More info on site
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Russia: Early harvest expected to result in very strong early season exports of wheat and barley
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Russia represents not just a revived threat on grain export markets, but an imminent one too, with the harvest expected to start so early
...More info on site
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