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Flash Summary
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E-Malt.com Flash 17a
April 21 - April 23, 2014
Quote of the Week
"Life shrinks or expands in proportion to one's courage."
Anais Nin
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Currency Rates
Base Currency: Euro
on April 23, 2014 |
Base Currency: US Dollar
on April 23, 2014 |
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1 EUR = 1.3802 USD
1 EUR = 0.8210 GBP
1 EUR = 1.5211 CAD
1 EUR = 1.4753 AUD
1 EUR = 141.6010 JPY
1 EUR = 3.0941 BRL
1 EUR = 49.3143 RUB
1 EUR = 8.5324 CNY
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1 USD = 0.7246 EUR
1 USD = 0.5949 GBP
1 USD = 1.1021 CAD
1 USD = 1.0690 AUD
1 USD = 102.6000 JPY
1 USD = 2.2419 BRL
1 USD = 35.7308 RUB
1 USD = 6.1822 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 23, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
197.00-199.00 |  |
207.00-209.00 |  4.00% |
| 6rw Barley |
187.00-189.00 | |
194.00-196.00 | 0.52% |
| 2rs Malt |
395.00-397.00 | |
404.00-406.00 | 2.49% |
| 6rw Malt |
383.00-385.00 | |
388.00-390.00 | 0.32% |
| Feed Barley |
164.00-166.00 |  1.20% |
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.
Brazil: Ambev to invest R$6 bln in production and sales this year
...Click here
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Estonia: Alcohol consumption slightly down last year
...Click here
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World: Barley crop 2014 expected 5.4% lower than in 2013
...Click here
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EU: Reduced plantings expected to balance malting barley markets
...Click here
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USA: Barley acres moving to the west on increased demand for two-row barley varieties
...Click here
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France: Malting barley markets very calm, prices higher because of lack of precipitations
...Click here
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USA: Colorado Malting Company awarded a $39,000 grant to automate its malting facility
...Click here
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UK: Barley exports in February just slightly higher than in January this year
...Click here
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Ukraine: Almost all spring wheat, barley and oats now in the ground
...Click here
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Nigeria: Heineken unveils the first draught beer in Nigeria
...Click here
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Australia: The Scotch Whisky Association takes measures to combat Scotch whisky fakes in Australia
...Click here
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Graph of the week
Table of the week
The Number of US Breweries 2009 - 2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
April 21
1654 England and Sweden sign trade agreement
1982 Dr. Michael E. Bakey performs 1st successful heart implant
1983 1 pound coin introduced in United Kingdom
April 22
1924 Hague Chambers of Commerce forms
1969 1st human eye transplant performed
1991 Intel releases 486SX chip
April 23
1851 Canada issues its 1st postage stamps
1985 Coca-Cola announced it is changing its secret flavor formula
1896 Vitascope system of movie projection 1st demonstrated (New York City)
1910 International Exhibition opens in Brussels
Agenda
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)
23-25: Latviabeerfest 2014 (Riga, Latvia)
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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USA: Colorado Malting Company awarded a $39,000 grant to automate its malting facility
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Colorado Malting Company in Alamosa was awarded last week a $39,000 grant from the United States Department of Agriculture to help it come up with a plan to automate its malting facility, West Word reported on April 21.
CMC already runs five malting units 24 hours a day, 365 days a year. But operating them is very labor-intensive, so the grant will help reduce those costs, says Jason Cody, whose family has been growing barley in southwestern Colorado for three generations.
"It would allow us to handle our products more efficiency," he says, adding that the company has applied for another grant as well, and should hear about that one in July.
CMC primarily serves the craft-brewing industry in Colorado - the big brewers like MillerCoors and Anheuser Busch do all of their own malting themselves - but it can't come close to supplying the amount of malt that companies like New Belgium, Ska, Odell and Oskar Blues need on a regular basis for their year-round beers.
So many of the breweries only use CMC malts for special, small-batch projects, taproom specials or one-off beers. But automation could start to change that - and it's just the beginning of CMC's plans over the next
...More info on site
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Brewery News
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Brazil: Ambev to invest R$6 bln in production and sales this year
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Brazil’s beer market, which registered a decline last year, should return to “normal growth” in the next two to three years, Joăo Castro Neves,
...More info on site
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Estonia: Alcohol consumption slightly down last year
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Estonian Market Research Institute (EMRI) alcohol market study indicates that the alcohol consumption of Estonian inhabitants decreased slightly in 2013, LETA/Public Broadcasting reports.
10 litres
...More info on site
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Nigeria: Heineken unveils the first draught beer in Nigeria
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In order to further its influence in the beer market, Heineken, the world’s third-largest beer maker, has unveiled the first draught beer in Nigeria, This Day Live reported on April 21.
The unveiling which took place recently at the Heineken House, Lagos was said to be in line with the brand’s commitment of opening the world of its consumers.
The innovation described as “The David system” was introduced to the media by Franck Evers, Heineken’s global draught master, ambassador and Master Pourer, who does this training for the brand all over the world. The system keeps the beer fresh for upward of 30 days.
The draught master told his audience that the way a beer is served is crucial in keeping its quality thus making the experience of enjoying it more wholesome.
“If you want the beer to taste the way it was intended, he said “it’s all about the 5 Perfect Serve Steps: The beer, which must be extra cold should be poured into an extra cold Heineken glass at 45 degrees slanting; this will achieve a two finger wide foam head. Afterwards, it’s ready to be served."
Senior Brand Manager, Heineken, Mrs. Ngozi Nkwoji said the innovation is a big investment from Heineken
...More info on site
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Barley News
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World: Barley crop 2014 expected 5.4% lower than in 2013
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The IGC expects a 2014 barley crop of 137.9 mln tons, 7.5 mln or 5.4% down from last year.
The reasons are quite variable,
...More info on site
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EU: Reduced plantings expected to balance malting barley markets
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Reduced barley plantings are expected to lead to a smaller malting barley output and more balanced markets this year, La Depeche said on April
...More info on site
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EU: Barley exports drop sharply since December
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EU barley exports have dropped sharply since December, total licence fixations as of the beginning of April stood at 5.070 mln tons, modestly up
...More info on site
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USA: Barley acres moving to the west on increased demand for two-row barley varieties
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The recent USDA planting intentions report gave a good indication as to the movement of malting barley acres – they are on the move
...More info on site
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France: Malting barley markets very calm, prices higher because of lack of precipitations
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France’s malting barley markets are very calm. Traders and buyers are waiting for news on the Ukraine crisis, weather, and other factors, before making any offers or commitments, La Depeche reported on April 22.
A certain firmness can be noted for new crop spring barley, which, in turn, provides a boost to the old crop prices. The increase is a consequence of the actual weather conditions, which is judged too dry and could affect the spring plantings, industry sources said.
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UK: Barley exports in February just slightly higher than in January this year
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The latest trade data from HMR&C showed the largest drop in UK maize imports for the season, so far, between January and February.
At 172 thousand tonnes in February, UK maize imports were 45% lower than in January.
Wheat imports, at 82 thousand tonnes in February, were 34% lower compared with January and brought the cumulative total for July-February to 1.55 mln tonnes.
Barley exports from the UK, at just under 80 thousand tonnes, were only slightly higher than January's total.
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Ukraine: Almost all spring wheat, barley and oats now in the ground
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Almost all Ukrainian spring wheat, barley and oats are now in the ground, with 100%, 96% and 97% of intended area planted as of 18th April, respectively, industry sources reported on April 22.
Maize plantings are ahead of the previous seven seasons' progress with 10% planted to 529 thousand ha. Risks still exist in terms of acquiring fertilisers and other inputs, but with the crop in the ground, the weather is likely to be the key factor for Ukrainian spring crops.
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Whisky News
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Australia: The Scotch Whisky Association takes measures to combat Scotch whisky fakes in Australia
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The Scotch whisky trademark has been won by the Scotch Whisky Association (SWA), which it says will help combat fakes on the market, Foodmagazine reported on April 23.
According to the SWA, Australia has one of the worst markets for fake whisky, with the industry body taking action against the sale of 40 brands in Australia in 2005, The Herald Scotland reports. It places blame on the removal of specific protection of scotch from the country’s Food Standards Code in 2000.
In response, the SWA sought support from the UK government and European Commission, leading to the UK’s Foreign Secretary William Hague drawing attention to the issue in bilateral meetings with the Australian government during his visit to Australia.
For a spirit to be marketed as Scotch whisky, according to SWA guidelines it must have been distilled in Scotland using malted barley, with no other ingredient added except caramel colouring and water.
SWA legal adviser Alan Park said "registration of Scotch whisky as a certification trademark is a major breakthrough and will make it easier to crack down on fakes and therefore protect consumers."
"Scotch whisky exports are of immense value to the economy so overseas protection is vital. We will be monitoring the market
...More info on site
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