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Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


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Last five graphs

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Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution



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E-Malt.com Flash 21b
May 22 - May 25, 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 23, 2014
Base Currency: US Dollar
on May 23, 2014
      1 EUR = 1.3670 USD
1 EUR = 0.8099 GBP
1 EUR = 1.4911 CAD
1 EUR = 1.4790 AUD
1 EUR = 138.9040 JPY
1 EUR = 3.0255 BRL
1 EUR = 46.9432 RUB
1 EUR = 8.4339 CNY
      1 USD = 0.7316 EUR
1 USD = 0.5925 GBP
1 USD = 1.0908 CAD
1 USD = 1.0820 AUD
1 USD = 101.6180 JPY
1 USD = 2.2133 BRL
1 USD = 34.3413 RUB
1 USD = 6.1698 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


May 23, 2014
Type Crop 2013 Crop 2014
EUR % EUR %
2rs Barley 195.00-197.00 down1.01% 206.00-208.00 down0.48%
6rw Barley 186.00-188.00 down0.53% 193.00-195.00 -
2rs Malt 393.00-395.00 down0.62% 402.50-404.50 down0.30%
6rw Malt 382.00-384.00 down0.32% 387.00-389.00 -
Feed Barley 159.00-161.00down0.62% 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.


Top Industry News


Brewery news World: SABMiller’s full-year profit slightly increases owing to developing markets ...Click here
Brewery news China: Beer sales to be boosted by 2014 FIFA World Cup ...Click here
Brewery news Madagascar: Groupe Castel acquires controlling stake in Nouvelle brasserie de Madagascar ...Click here

Barley news World: Barley output expected to decline to 135.2 mln tonnes in 2014/15 ...Click here
Barley news EU: Spring barley expected to be in deficit in 2014/15 ...Click here


More Industry News


Brewery news USA: Beer sales expected to increase again this summer ...Click here
Brewery news World: SABMiller completes $3.5 billion loan refinancing ...Click here
Hops news Russia: Hop imports total more than US$23 mln last year ...Click here
Brewery news The Netherlands: Dutch brewers ask for lower beer excises to reverse decline in sales ...Click here
Brewery news China: Craft beer scene getting more exciting ...Click here
Brewery news Australia: Beer drinkers shunning traditional VB, Carlton Draught and Crown Lager beers ...Click here
Brewery news Hungary: Benedictine Abbey of Pannonhalma to build its own brewery ...Click here

Graph of the week



Table of the week

Austria Brewing Industry 1980-2013


Table of the week.
Prices Evolution

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

These Days in Business History


May 22
1785 Benjamin Franklin announces his invention of bifocals
1900 Associated Press News Service forms in New York
1918 King Oil/Shell refinery on Curacao officially opens

May 23
1922 Walt Disney incorporates his 1st film company Laugh-O-Gram Films
1956 World Trade Center dedicated in Ferry Building, San Francisco
1995 Sun Microsystems launches Java, the universal Internet programming language

May 24
1688 The earliest known book on the stock market, Joseph Penso de la Vega's Confusion de Confusiones (Confusion of Confusions), appears
1973 The Stock Exchange of Singapore is founded
1985 Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.

May 25
1915 Thomas Edison invents telescribe to record telephone conversations
1954 IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour
1960 1 millionth Dutch telephone installed

Agenda




BreweryBrewery News Brewery


Brewery newsWorld: SABMiller’s full-year profit slightly increases owing to developing markets
SABMiller PLC on May 22 reported a slight increase in full-year profit as the multinational beer company's sales in developing markets such as Africa ...More info on site


Brewery news USA: Beer sales expected to increase again this summer
As the weather begins to heat up this summer in the US, so will beer sales, said the Beer Institute, a trade association representing both large and small brewers.

According to the organization, which cites data from Nielsen, a consumer trends agency, more than 38 million American households will spend upwards of a collective $11 billion on beer this summer.

In 2013, beer sales actually topped $11 billion in the 15 weeks between Memorial Day and Labor Day. That figure, according to Andrea Riberi, senior vice president at Nielsen, made beer one of the best selling categories across all food and beverage channels in the time span.

None of this comes as a shock to Chris Thorne, vice president of communications with the Beer Institute.

“It’s really no surprise that beer will be the top choice at celebrations and occasions across America this summer,” he said in a statement. “Beer brings people together. And beer’s low ABV means it can be enjoyed responsibly.”

But it’s no longer just the large domestic brewers relying on a surge in summer sales to help meet yearly sales goals.

Jason Wilson, founder of Back Forty Beer Co. in Gadsden, Ala. said his brewery definitely experiences seasonal demand, with peak retail ...More info on site


Brewery newsChina: Beer sales to be boosted by 2014 FIFA World Cup
Market observers said the second and third quarters of this year will see strong beer sales in China and that sales performance is expected ...More info on site


Brewery newsMadagascar: Groupe Castel acquires controlling stake in Nouvelle brasserie de Madagascar
Groupe Castel, one of Africa’s leading brewers, has acquired the controlling stake in Nouvelle brasserie de Madagascar (NBM), owner and producer of Skol beer, ...More info on site


Brewery news World: SABMiller completes $3.5 billion loan refinancing
Global brewer SABMiller has completed a $3.5 billion loan refinancing, amending and extending an existing $2.5 billion syndicated loan and agreeing a new $1 billion syndicated facility, Reuters reported on May 22.

The existing undrawn $2.5 billion financing, which was originally agreed in 2011 via coordinating banks Bank of America Merrill Lynch and Commerzbank, was due to mature in April 2018. The facility has been extended to May 2019 with the option of a further two one-year extension options, SABMiller said in its preliminary results on May 22.

SABMiller has joined other highly-rated European corporates like Volkswagen and Anglo American in taking advantage of competitive loan market conditions to agree cut-price amend and extends, which allow companies to extend maturities and cut pricing on existing deals while only paying a small amendment fee rather than a new set of fees for a full refinancing.

BBB+/Baa1 rated SABMiller paid a margin of 60 basis points (bps) over Libor on the existing facility but average investment-grade pricing has fallen sharply since last year with Triple B companies pricing at around 35 bps, according to Thomson Reuters LPC data.

SABMiller has also agreed a new $1 billion, five-year credit facility to replace an existing $500 million loan ...More info on site


Brewery news The Netherlands: Dutch brewers ask for lower beer excises to reverse decline in sales
The Dutch Government should lower the excise duty on beer, to reverse a decline in sales and preserve jobs in the industry, Dutch brewers' association, Nederlandse Brouwers, warned recently.

The association noted that the 30 percent tax hike in 2009 caused beer sales to plummet by 6.7 percent, while the 10 percent rise last year led to a further 3 percent decline in the market. Excise duty on beer, which currently stands at EUR37.96 (USD52.1) per hectolitre, has increased by almost 80 percent since 2000, it explained. It said that consumers are instead opting to purchase beer abroad where tax rates are lower.

Nederlandse Brouwers highlighted the importance of the Dutch beer industry to the nation's economy, pointing out that approximately 85 percent of beer consumed in the Netherlands is brewed in the Netherlands, and that the country is the fourth largest beer exporter in the world.

The beer sector pays about EUR2.2 bln in tax every year, of which EUR390 mln is in excise duty and EUR800 mln is in value-added tax (VAT), the group said. It said that 2,000 jobs are at risk if excise duty is not cut.


Brewery news China: Craft beer scene getting more exciting
After years of swilling cheap mass-produced domestic beers like Yanjing, Tsingtao and Snow, Chinese microbrewers are starting to make a splash in Beijing’s craft beer scene, China Realtime reported on May 23.

Once primarily the bailiwick of expats, China’s own brewers are opening storefronts as more domestic consumers warm up to the idea of sipping a cold one that isn’t found in a convenience store. “A lot of Chinese young guys are getting involved,” says Pan Dinghao, founder of one such local pub, Panda Brew.

The emerging domestic brews aren’t yet comparable to Western craft brews — many have muted flavors that fall somewhere above a Yanjing but aren’t quite up to par with, say, the Honey Ma at American-owned and operated Great Leap Brewing — but there’s growing enthusiasm to educate the Chinese on flavorful indie-made beers.

Last year in Beijing, Yin Hai opened NBeer Pub, a brightly-lit joint that includes 37 taps and 13 fermentation tanks. The pub currently has 25 domestic beers on tap, ranging from classic lagers to ales made with organic fruits and aged in local wood. Many are from microbrewers in other Chinese cities, including Master Gao’s brewery in Nanjing and Chengdu’s Zhanchun Brewing.

Mr. Yin’s own NBeer ...More info on site


Brewery news Australia: Beer drinkers shunning traditional VB, Carlton Draught and Crown Lager beers
Australian beer drinkers are shunning traditional brands like VB, Carlton Draught and Crown Lager due to high-end competition and less demand for tap beer, The Age reported on May 23.

Brewing giant SABMiller said three of its top Australian brands recorded falls in volumes over the past year as "competitive intensity," persisting economic uncertainty and weak consumer sentiment hurt the company's share of lager.

"Victoria Bitter declined by one per cent and Crown Lager declined, reflecting both a strong prior year comparative and price compression from imported brands," London-listed SABMiller said in its March 2014 full year results.

The company also indicated that pub drinkers were turning their backs on popular tap beers.

"Carlton Draught was impacted by its exposure to the more depressed on-premise channel," SABMiller said.

Australian Bureau of Statistics (ABS) figures released in April found Australian drinkers consumed less beer in 2013 than they have in the past 67 years.

Meanwhile, anecdotal evidence suggests craft beers are gaining favour over mainstream brands.

Still, SAB managed to report strong volume growth in its mainstream Carlton Dry and Carlton Mid brands as it looks to promote its premium beers.

Brands such as Peroni Nastro Azzurro and craft brand Fat Yak all did well over the past 12 ...More info on site


Brewery news Hungary: Benedictine Abbey of Pannonhalma to build its own brewery
The Benedictine Abbey of Pannonhalma in Hungary will build its own brewery to produce premium beer, the abbey said in a statement on May 22.

The Pannonhalma Abbey Beer Manufacture will be set up to revive an old tradition and start brewing three or four premium-category beer from the autumn.

The brewery will be part of a scheme to offer visitors a broad scale of locally made premium products, which already include chocolate, wine and perfumes.

The abbey will soon also start bottling and selling mineral water under its own label.

The Pannonhalma Abbey with a history of more than 1,000 years in north-western Hungary is a UNESCO World Heritage site.



BarleyBarley News Barley


Barley newsWorld: Barley output expected to decline to 135.2 mln tonnes in 2014/15
The IGC has published an interesting barley production estimate of selected countries, i.e. the major barley exporters and the major malting barley producers.

Argentina’s barley ...More info on site


Barley newsEU: Spring barley expected to be in deficit in 2014/15
Smaller EU barley production countries will not affect the total S/D estimate for the new year, but there is always an active cross border ...More info on site



HopsHops News Hops


Hops newsRussia: Hop imports total more than US$23 mln last year
Russia’s hop imports amounted to US$23.806 mln in 2013, Barley-malt.ru imports.

German hops accounted for 67% of the total volume imported, while the Czech Republic ...More info on site


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