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Flash Summary
Last five Flashes
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E-Malt.com Flash 21a
May 19 - May 21, 2014
Quote of the Week
"Beer will get you through times of no money better than money will get you through times of no beer."
Maureen Ogle
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Currency Rates
Base Currency: Euro
on May 21, 2014 |
Base Currency: US Dollar
on May 21, 2014 |
| |
1 EUR = 1.3703 USD
1 EUR = 0.8144 GBP
1 EUR = 1.4919 CAD
1 EUR = 1.4766 AUD
1 EUR = 138.9390 JPY
1 EUR = 3.0314 BRL
1 EUR = 47.4241 RUB
1 EUR = 8.4548 CNY
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1 USD = 0.7298 EUR
1 USD = 0.5943 GBP
1 USD = 1.0888 CAD
1 USD = 1.0776 AUD
1 USD = 101.3980 JPY
1 USD = 2.2123 BRL
1 USD = 34.6091 RUB
1 USD = 6.1701 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 21, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
197.00-199.00 |  0.50% |
207.00-209.00 | 0.48% |
| 6rw Barley |
187.00-189.00 |  |
193.00-195.00 | |
| 2rs Malt |
395.50-397.50 | 0.31% |
404.00-406.00 | 0.30% |
| 6rw Malt |
383.00-385.00 | |
387.00-389.00 | |
| Feed Barley |
160.00-162.00 | |
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 production shifting more to consumer countries
...Click here
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Russia: Per capita beer consumption down 8% last year
...Click here
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Turkey: Anadolu Efes reports TRL100.8 mln net losses in Q1 2014
...Click here
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Chile: CCU now allowed to build $300 mln brewery on the outskirts of Santiago
...Click here
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India: United Breweries to launch Heineken beer in cans and expand its distribution to two more states
...Click here
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Ireland: Fall in alcohol consumption since 2001 is quite startling
...Click here
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World: Activities on international barley markets are seen as negligible
...Click here
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Canada: Barley exports to decrease by 8% in the current year
...Click here
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China: 2013/14 barley import volume expected to exceed 3 mln tons
...Click here
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Kenya: Kenya ranked low in alcohol consumption despite being largest beer market in the region
...Click here
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Myanmar: Beer production increases in ten months to January 2014
...Click here
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Denmark: Carlsberg places 10-year euro notes for 1 bln euros
...Click here
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Brazil: Brazil has the third most expensive beer in South America
...Click here
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UK: Mexican Corona beer may be in shortage over the next several months
...Click here
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UK: Britain is fast developing a taste for Polish lager
...Click here
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India: United Breweries delays announcement of fourth-quarter results pending court ruling on its sale of United Spirits
...Click here
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Graph of the week
Table of the week
Austria Brewing Industry 1980-2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Do you know the metal levels of your raw materials?
ABSTRACT
If you don't, it may be worthwhile to take a closer look
as these German researchers did. They measured the
content of calcium, magnesium, iron, copper and
zinc throughout the whole brewing process. In a
comparison with malt and yeast, hops contained
more calcium and iron. 96% of all metal ions were
malt derived, where as hops contributed 2.8%, yeast
1% and 0.2% by water. They found that during the
brewing process the highest amount of metal ions
were discharged with the spent grain. Of the total
intake only 0.1% of iron, 0.4% of zinc, 3.1% of
copper, 6.3% of calcium and 15.1% of magnesium
made it into the final beer.
Read more
Source: Barth Innovations
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These Days in Business History
May 19
1892 Charles Brady King invents pneumatic hammer
1913 William Reddington Hewlett is born, American Businessman
1939 1st regular transatlantic airmail (New York to Marsseille France)
May 20
1806 John Stuart Mill is born, UK, philosopher/political economist/Utilitarian
1875 International Bureau of Weights and Measures forms by treaty
1892 Charles Brady King invents pneumatic hammer
May 21
1570 1st atlas, with 70 maps, published
1761 1st life insurance policy in U.S., issued in Philadelphia
1929 Automatic electric stock quotation board installed, New York City
Agenda
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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World: Malt production shifting more to consumer countries
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According to FranceAgriMer data, French barley usage in July/February was 1.120 mln tons, plus 2.4% as compared to the same period last year.
As malt
...More info on site
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Brewery News
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Russia: Per capita beer consumption down 8% last year
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Russia’s per capita beer consumption declined last year by 8% to 59 litres from 64 litres in 2012, Baltika Breweries said in a corporate
...More info on site
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Turkey: Anadolu Efes reports TRL100.8 mln net losses in Q1 2014
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Anadolu Efes on May 9 posted a double-digit rise in first-quarter sales, but its bottom line was hampered by exchange rate pressures and the
...More info on site
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Chile: CCU now allowed to build $300 mln brewery on the outskirts of Santiago
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Chilean authorities on May 20 rejected plans by the nation's largest beer brewer Compania Cervecerias Unidas to build a $300 million plant on the
...More info on site
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India: United Breweries to launch Heineken beer in cans and expand its distribution to two more states
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India’s largest brewer United Breweries Ltd (UBL) plans to launch Heineken beer in cans and expand the distribution of the brew to Andhra Pradesh
...More info on site
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Ireland: Fall in alcohol consumption since 2001 is quite startling
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According to recent figures, provided by the Revenue Commissioners based on excise duty and compared with the population, as estimated by the Central Statistics
...More info on site
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Kenya: Kenya ranked low in alcohol consumption despite being largest beer market in the region
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Kenya is ranked at the bottom compared to neighbouring Tanzania, Rwanda, Malawi, Burundi and Uganda in alcohol consumption despite being the largest beer market in the region, Standard Digital reported on May 18.
Kenya is also one of the lowest informal beer markets in Africa, at 20 per cent, compared to 89 per cent in Uganda, 87 per cent in Tanzania and 17 per cent in South Africa.
According to figures released by the World Health Organisation (WHO) in a report titled Global Status Report on Alcohol and Health 2014, only 23.1 per cent of Kenya’s population drinks alcohol. This is compared to Rwanda where 44.7 per cent of the adult population take alcohol, 41.8 per cent in Tanzania, 41.1 per cent in Burundi and 41 per cent in Uganda.
While Kenya has a lower alcohol-consuming population in the region, it has the largest number of beer consumers at 56 per cent of all alcoholic beverages consumed.
Analysis by Standard Investment Bank estimates that in Burundi, only 25 per cent of those taking alcoholic beverages drink beer.
This is compared to 50 per cent in Ethiopia, 11 per cent in Rwanda, 9 per cent in Uganda and 11 per cent in Tanzania. Kenya’s alcohol consumption
...More info on site
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Denmark: Carlsberg places 10-year euro notes for 1 bln euros
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Danish brewer Carlsberg said on May 20 it had successfully placed 10-year euro notes for a principal amount of 1 billion euros with a coupon of 2.5 percent.
The notes have been issued under the company's European medium term note.
The notes will be listed on the Luxembourg Stock Exchange and the proceeds of the offering will be used for general corporate purposes, Carlsbeg said.
J. P. Morgan Securities plc, Mitsubishi UFJ Securities International plc, Nomura International plc, The Royal Bank of Scotland plc and UniCredit Bank AG acted as active bookrunners.
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Myanmar: Beer production increases in ten months to January 2014
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Myanmar’s beer production has increased to 27.5 million gallons in ten months from April 2013 to January, which is one million gallons higher than
...More info on site
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Brazil: Brazil has the third most expensive beer in South America
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To buy half a litre of beer Brazilians have to pay an average of US$1.58 (R$3.51), according to data provided by Numbeo.
The amount is the third-largest in South America, only behind Venezuela (US$2.65) and Uruguay (US$2.01). Ecuador has the cheapest beer of all South American nations, with population only paying US$0.98 per half a litre.
Brazil’s government recently announced a new increase of beer taxes which will enter into force after the FIFA World Cup.
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UK: Mexican Corona beer may be in shortage over the next several months
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Molson Coors, exclusive UK distributor of the AB InBev-owned Corona brand, has warned retailers that orders it placed for the Mexican beer in the first quarter of this year would not be delivered to schedule, The Grocer reported on May 18.
“This is expected to lead to a shortage of stock in the UK,” Molson Coors said this week, adding that “to minimise the impact on our customers and consumers, we have taken the decision to proactively manage Corona stock until further notice.”
Some experts think the lack of stock on Corona, a £60 mln-sales brand in the UK that’s imported from Mexico, has been caused by increased demand ahead of the World Cup.
But other industry insiders claim AB InBev’s brewery in Mexico has been suffering a shortage of bottles and it was not known when this would be resolved. AB InBev said it would work closely with Molson Coors to manage stock and minimise disruption. “We are working hard towards a solution,” it added.
Neither brewer would say what direct impact the shortage was likely to have on retailers, although a senior buyer at one of the big four said he did not expect to run out altogether.
The issue comes as
...More info on site
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UK: Britain is fast developing a taste for Polish lager
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Britain is fast developing a taste for Polish lager thanks to the influx of workers from Eastern Europe, new industry figures reveal.
The extra strong Tyskie brand is now so popular in the UK it has made the top ten ‘World Beers’ table alongside better known brands like Heineken and Kronenbourg.
The list records the best selling foreign beers and lagers sold in shops, supermarkets and off licences across the UK, outside the mass market brewers like Carling and Stella.
But while the other brands have built up a strong following in Britain over decades, Tyskie is a relative newcomer thanks to the wave of Polish immigrants in recent years.
In Poland, it accounts for one in five of all beer sales and at 5.6 per cent is stronger than most other lagers sold over here which are often too weak for Eastern European tastes.
Now it is owned by multinational brewing giant SAB Miller which also has Peroni, Grolsch and several other foreign beers.
Miller Brands sales director Tim Clay said: 'Retailers should aim to have a selection of world beers available alongside their mainstream and everyday premium lager to encourage consumers to trade up.'
Sales of so-called World Beers are soaring in the UK
...More info on site
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India: United Breweries delays announcement of fourth-quarter results pending court ruling on its sale of United Spirits
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United Breweries (Holdings) Ltd (UBHL) said it would delay the announcement of its fourth-quarter results, pending a Supreme Court ruling on its sale of United Spirits Ltd. (USL) shares worth at least Rs1,400 crore to Diageo Plc, Livemint reported on May 19.
UBHL, the holding company of Vijay Mallya’s troubled UB Group, said in a statement to BSE that it would publish its fourth-quarter results within a month after the Supreme Court passes judgement on the Diageo stake sale case.
UBHL filed an appeal with the Supreme Court in January against a Karnataka high court order that annulled the sale of USL shares.
The high court, which passed its verdict on 20 December, reversed an order passed by the same court in May when it gave conditional approval to UBHL to sell its shares to Diageo.
The December order came in response to a winding-up petition filed by creditors of UBHL, which, according to the company’s latest annual report, has extended corporate guarantees worth thousands of crores to lenders of troubled group affiliate Kingfisher Airlines Ltd. Proceedings related to the winding-up petition will continue in the high court.
Diageo completed its takeover of USL last July, nearly eight months after the companies announced the deal.
...More info on site
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Barley News
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World: Activities on international barley markets are seen as negligible
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International activities have been negligible since months, the large buyers are well covered in old crop barley and there is no pressure either from
...More info on site
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Canada: Barley exports to decrease by 8% in the current year
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For 2013-14, Canada’s barley exports are forecast to decrease by 8% to 2 mln tonnes due to a recovery in world feed and malt
...More info on site
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China: 2013/14 barley import volume expected to exceed 3 mln tons
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China’s barley import in March was 540,000 tons, of which 516,000 tons from Australia. Total imports since July 2013 stood at 2.3 mln tons
...More info on site
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USA: Movement of barley off farm still slow
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Steady market prices and not much barley moving to markets – these are things Marvin Zutz, Minnesota Barley Growers Association executive director, has grown accustomed to expect in recent months. But the USDA planting intentions report that was issued at the end of March was surprising to him, The Prairie Star reported on May 17.
“I was fairly impressed with the numbers that came out, both for Minnesota and North Dakota,” Zutz said, referring to the planned number of barley acres. “The numbers were stronger than what I was led to believe going into that report. But they may come in a little lower now with the late spring we are having.”
Minnesota growers actually indicated they were going to plant 11 percent more barley in 2014, with 100,000 planned. Meanwhile across the border, North Dakota producers were expecting to plant 650,000 acres, a decrease of 14 percent.
Canadians are also looking at lower barley acres. Statistics Canada is expecting 6.3 million acres of barley will be planted this year, down from 7.08 million last year and 7.4 million in 2012. Only a decade ago, Canadian farmers seeded nearly 11 million acres of barley.
Movement of barley off the farm is still slow, Zutz
...More info on site
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