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E-Malt.com Flash 22a May 26 - May 28, 2014
Quote of the Week
"Opportunity is missed by most people because it is dressed in overalls and looks like work."
Thomas A. Edison
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Currency Rates
Base Currency: Euro on May 28, 2014 |
Base Currency: US Dollar on May 28, 2014 |
|
1 EUR = 1.3644 USD
1 EUR = 0.8105 GBP
1 EUR = 1.4807 CAD
1 EUR = 1.4744 AUD
1 EUR = 139.1100 JPY
1 EUR = 3.0464 BRL
1 EUR = 46.8239 RUB
1 EUR = 8.4280 CNY
|
|
1 USD = 0.7330 EUR
1 USD = 0.5941 GBP
1 USD = 1.0853 CAD
1 USD = 1.0807 AUD
1 USD = 101.9630 JPY
1 USD = 2.2328 BRL
1 USD = 34.3193 RUB
1 USD = 6.1772 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
May 28, 2014 |
Type |
Crop 2013 |
Crop 2014 |
EUR |
% |
EUR |
% |
2rs Barley |
194.00-196.00 | 0.51% |
204.00-206.00 | 0.97% |
6rw Barley |
184.00-186.00 | 1.07% |
190.00-192.00 | 1.55% |
2rs Malt |
392.00-394.00 | 0.31% |
400.50-402.50 | 0.61% |
6rw Malt |
379.50-381.50 | 0.64% |
383.00-385.00 | 0.95% |
Feed Barley |
157.00-159.00 | 1.25% |
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.
Malaysia: Carlsberg Brewery Bhd reports 5.3% slip in first-quarter revenue
...Click here
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Romania: Heineken Romania’s net profit drops 14% in 2013
...Click here
|
India: United Breweries acquiring brewery assets of Pacific Spirits Pvt Ltd in Rajasthan
...Click here
|
Canada: Barley plantings to decline to 2.554 mln ha
...Click here
|
Germany: Barley and malt export increase in July-March 2013/14
...Click here
|
UK: Increasing whisky exports boosts malting capacity usage
...Click here
|
India: SABMiller repositioning Foster’s beer in India
...Click here
|
France: 72% of winter barley crop in good to excellent condition as of May 19
...Click here
|
Finland: Beer consumption estimated at 465.3 mln litres last year
...Click here
|
Australia: Cascade Brewery closing its malting plant
...Click here
|
Brazil: Beer and football making a powerful team in Brazil
...Click here
|
Russia: Grain crop will suffer is rains don’t come this week
...Click here
|
Graph of the week
Table of the week
Europe Malt Imports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Bitter acids
ABSTRACT
The rule of thumb for the yield of bitter acids
(specifically iso-alpha acids) in brewing is about 30%,
which is not a lot. German researchers found
out that reversible, pH dependent hop acid
complexes including iron ions are mainly responsible
for the loss of BU during brewing. The loss is mainly
during hot break and at the beginning of
fermentation. However it is possible to recover the
bitter acids from the hot break and yeast under
alkaline and high temperature conditions, which
consequently transfers the lost alpha acids in isoalpha
acids, which can be used for other beers. The
good side-effect is that pro-oxidative acting iron
ions are separated this way and don't ruin your beer. Read more
Source: Barth Innovations
|
These Days in Business History
May 26
1781 Bank of North America incorporates in Philadelphia
1896 Dow Jones begins an index of 12 industrial stocks (closing is 40.94)
May 27
1895 British inventor Birt Acres patents film camera/projector
1952 European Defense Community forms
1969 Walt Disney World construction begins
May 28
1783 Benjamin Tower of Philadelphia publishes 1st daily newspaper in U.S.
1849 Patent for lifting vessels granted to Abraham Lincoln
1863 Georg Adler, German state economist is born
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
Malt News
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Australia: Cascade Brewery closing its malting plant
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Tasmanian brewer Cascade will cut 10 jobs at its South Hobart brewery, after announcing four roles will go as it closes its malting plant
...More info on site
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Brewery News
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World: Beer category brand value up 14% this year
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According to the new BrandZ™ Top 100 Most Valuable Global Brands 2014 report, global beer category’s brand value this year is up 14% to
...More info on site
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India: United Breweries Q4 profit rises 15.7%
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India’s largest brewer United Breweries Ltd reported on May 28 a 15.7% rise in fourth-quarter net profit to Rs.67.7 crore, helped along by increased
...More info on site
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Malaysia: Carlsberg Brewery Bhd reports 5.3% slip in first-quarter revenue
|
Carlsberg Brewery Bhd saw its revenue in the first quarter ended March 31, 2014 slip 5.3% year-on-year to RM445.9 mln from RM470.8 mln but
...More info on site
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Romania: Heineken Romania’s net profit drops 14% in 2013
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Heineken’s Romanian subsidiary registered a net profit of RON 159.9 million (EUR 36 million) in 2013, down some 14 percent against the previous year.
...More info on site
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India: United Breweries acquiring brewery assets of Pacific Spirits Pvt Ltd in Rajasthan
|
United Breweries Ltd, India’s largest brewing company, is acquiring the brewery assets of Pacific Spirits Pvt Ltd for Rs 105 crore ($17.8 million), as
...More info on site
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India: SABMiller repositioning Foster’s beer in India
|
Leading beer marketer SABMiller is repositioning Foster's beer brand in India as it looks to tap potential of the fast emerging market identified as an 'area of focus', The Economic Times reported on May 25.
As part of the repositioning of the Foster's brand, the company is introducing various changes, including new thermo- chromatic packaging and change in names of various brands targeting to tap 'refreshment category' consumers.
"Our quantitative consumer research showed that there is a potential of addressing a big consumer need gap, the need of refreshment which is a core need for the beer category," SABMiller India Marketing Director Darioush Afzali said.
The new 'extra-cold refreshment' positioning of Foster's is focused towards providing consumers with a refreshing beer experience, he added.
Elaborating on the changes being effected, Afzali said: "We are introducing thermo-chromatic packaging for both bottles and, for the first time in India, thermo-chromatic cans, a new taste for our brews of both Foster's Lager and Foster's Gold along with the introduction of an effective extra-cold chain."
Apart from the packaging innovation, Foster's has re-named its existing Foster's Strong variant as Foster's Gold.
Commenting on the company's road map in India, Afzali said: "We will continue
...More info on site
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Finland: Beer consumption estimated at 465.3 mln litres last year
|
Finland’s total beer consumption is estimated at 465.3 mln litres in 2013, the nation’s Federation of the Brewing and Soft Drinks Industry reported.
Per capita
...More info on site
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Brazil: Beer and football making a powerful team in Brazil
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Beer and football make a powerful team in Brazil, which is bracing for a drinking bonanza when it hosts the World Cup, Ndtv.com reported on May 25.
The passion for football is well-known - it has won the World Cup five times.
Brazil is also the world's third largest beer producer - more than 13 billion litres of beer were brewed here in 2013. Such is the country's love of the beverage that you can even buy beer-flavored ice cream.
When the sun is baking the sidewalks off Copacabana beach, the first reaction seems to be to order a beer that Brazilians always say arrives "stupidly" cold.
A recent survey commissioned by brewing giant Ambev, the country's largest company by market value, asked Brazilians to list their national passions. Seventy-seven percent named football; 35 percent said beer.
Now brewers are anticipating a beer boom during the World Cup Brazil will host from June 12 to July 13.
A study released this month by Nielsen and Kantar Worldpanel, commissioned by the Sao Paulo Supermarkets Association, forecast a 37% increase in beer consumption during the World Cup and total sales of 1.8 billion reals ($816 million) during the four weeks.
During the 2010 World Cup, beer sales
...More info on site
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Barley News
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Canada: Barley plantings to decline to 2.554 mln ha
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Recently announced Canada’s barley acreage intentions, in 1000 ha, are as follows (last year in brackets):
Manitoba 176 thousand ha (182), Saskatchewan 880 thousand
...More info on site
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Russia: Grain exports in July-May up 61.7% yoy
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Russia's grain export between July 1 2013, the beginning of the current marketing year, and May 21, totaled 24.1 million metric tons, 61.7% more
...More info on site
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Germany: Barley and malt export increase in July-March 2013/14
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The German statistics office reports that Germany exported 12.0 mln tons of grain from July 2013 to March 2014, which is up from the
...More info on site
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France: 72% of winter barley crop in good to excellent condition as of May 19
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FranceAgriMer reports that as of May 19, 2014, 75% of the wheat crop (excl. durum) in France were in good to excellent condition (previous week 73; previous year 67), as well as 63 (62; 64) % of the durum, and 72 (70; 66) % of the winter barley.
Corn plantings stood at 98 (92; 85) % and 89 (79; 68) % of the corn has emerged. In good to excellent condition are 90 (91; 67) % of the corn crop.
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Russia: Grain crop will suffer is rains don’t come this week
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Russia's grain crop will suffer if rains do not come this week as expected to several growing regions of the country, one of the world's main wheat exporters via the Black Sea, analysts said on May 26. The agriculture ministry forecast the 2014 crop at 100 million tonnes on May 22, its most optimistic estimate so far and up from 95 million tonnes, but gave no reason for the move.
"If there is no rain this week, some optimistic forecasts would have to be downgraded," Dmitry Rylko, the head of the Institute for Agricultural Market Studies (IKAR), said. IKAR, the Moscow-based agricultural consultancy, had kept its 2014 forecast at 94.5 million tonnes, Rylko said. Another leading Russian consultancy, SovEcon, said it was also keeping its 2014 grain crop estimate unchanged at 90 million tonnes.
Rain is needed in the Central and Volga Federal districts, analysts said, but one trader said those districts had enough moisture in the soil for this week and next thanks to rain in early May.
"Conditions are not critical yet and if rains come to the Centre (the Central district) this week as expected the situation can be fixed quickly," SovEcon head Andrey Sizov said.
However,
...More info on site
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Whisky News
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UK: Increasing whisky exports boosts malting capacity usage
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Scotch whisky exports of 1.3 bln bottles in 2013 showed an increase of 3%, single malt whisky shipments even grew by 5%. Top markets
...More info on site
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