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Flash Summary
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E-Malt.com Flash 25a
June 16 - June 18, 2014
Quote of the Week
"Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time."
Thomas A. Edison
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Currency Rates
Base Currency: Euro
on June 18, 2014 |
Base Currency: US Dollar
on June 18, 2014 |
| |
1 EUR = 1.3559 USD
1 EUR = 0.7991 GBP
1 EUR = 1.4722 CAD
1 EUR = 1.4491 AUD
1 EUR = 138.3430 JPY
1 EUR = 3.0460 BRL
1 EUR = 47.1302 RUB
1 EUR = 8.3571 CNY
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1 USD = 0.7376 EUR
1 USD = 0.5894 GBP
1 USD = 1.0857 CAD
1 USD = 1.0688 AUD
1 USD = 102.0300 JPY
1 USD = 2.2464 BRL
1 USD = 34.7581 RUB
1 USD = 6.1633 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 18, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
187.00-189.00 |  |
196.00-198.00 | |
| 6rw Barley |
175.00-177.00 |  0.56% |
184.00-186.00 | 0.54% |
| 2rs Malt |
384.00-386.00 | |
390.50-392.50 | |
| 6rw Malt |
369.00-371.00 | 0.33% |
375.50-377.50 | 0.33% |
| Feed Barley |
154.00-156.00 | |
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: China’s Snow remains most popular beer in the world in 2013
...Click here
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Russia: Carlsberg to keep breweries in Russia running despite faltering economy
...Click here
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EU: Better weather conditions improve barley yield prospects
...Click here
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France: Reports on winter barley crop condition vary from region to region
...Click here
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USA & Canada: Barley markets still keeping an eye on planting progress
...Click here
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World: Turkish government authorize duty-free grains imports due to severe drought
...Click here
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EU: EU environmental ministers allow member states to ban or approve use of GMO crops
...Click here
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Russia: Government takes the first step to limiting the size of plastic beer bottles
...Click here
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Germany: Fracking could spell end of existence of many German breweries
...Click here
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India: Newly-increased excise duty in Delhi expected to lead to increased cross-border smuggling of alcohol from neighbour state
...Click here
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World: AB InBev and Syngenta enter into partnership on malting barley sourcing
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How spicy are oxigenated sesquiterpenoids really?
ABSTRACT
The short answer is: pretty spicy! Belgian
researchers took the sesquiterpene hydrocarbon
fraction from hops and boiled it. The resulting
oxygenated sesquiterpenoids were purified and
added to beer resp. pitching wort. After boiling of a
sesquiterpene hydrocarbon fraction from hops in
water, a high number of flavour-active oxygenated
sesquiterpenoids is formed. Even though their levels
decrease dramatically during fermentation, some
compounds are still detected via GC-O. Sensory
evaluation showed that the addition of this fraction
to beer intensified the ratings for woody and
hoppy/spicy. However the identification of the
flavour active compounds still needs to be done.
Read more
Source: Barth Innovations
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These Days in Business History
June 16
1903 Pepsi Cola Company forms
1903 Ford Motors incorporates
1963 1st woman in space, aboard Vostok 6
1983 European Space Agency launches European Comm Satellite 1, Oscar 10
June 17
1885 Statue of Liberty arrived in New York City
1970 Edwin Land patents Polaroid camera
1988 Microsoft releases MS DOS 4.0
June 18
1840 Samuel Morse patents his telegraph
1943 Congress of Racial Equality (CORE) founded
1948 U.N. Commission on Human Rights adopts International Declaration of Human Rights
Agenda
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Brewery News
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World: China’s Snow remains most popular beer in the world in 2013
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The Chinese population currently drinks almost twice as much beer on an annual basis as people in the USA. But, as the Chinese economy
...More info on site
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Russia: Carlsberg to keep breweries in Russia running despite faltering economy
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Denmark's Carlsberg will keep its breweries in Russia running even though most are operating at reduced capacity, despite other brewers closing plants as Western
...More info on site
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Russia: Government takes the first step to limiting the size of plastic beer bottles
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Russia took the first step on June 11 to limiting the size of plastic beer bottles, part of a government effort to promote healthy lifestyles by reducing the supply of cheap alcohol, Reuters reported.
The lower house of parliament passed a bill on the first reading that says only beer with alcohol content of 6 percent or less can be sold in plastic bottles, and limits their size to 1.5 litres. The law would go into effect Jan. 1, 2015.
The bill, which faces three more votes in parliament before President Vladimir Putin can sign it into law, would gradually reduce further the alcohol content of beer sold in plastic bottles and the size of the containers.
From July 1, 2015, only beer with up to 5 percent alcohol content could be sold in plastic bottles, which must contain no more than 1 litre. From 2016, the limits would drop to 4 percent alcohol content and 0.5-litre plastic bottles.
The restrictions would augment a ban on the sale of beer in street kiosks at all times and in shops from 11 p.m. to 8 a.m., as well as advertising restrictions put in place after Putin began a campaign to improve Russia's demographics.
Those measures -
...More info on site
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Germany: Fracking could spell end of existence of many German breweries
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"Germany is a beer nation: if their beer has no flavour, people will mount the barricades," says Friederike Borchert. At her family's brewery in Lünne, Lower Saxony, about 800,000 litres of beer are produced a year: a light pilsner, a dark beer and a buckwheat brew. Borchert, 27, dreams of one day making her own India pale ale, though now fears she may have to put her aspirations on hold, The Guardian reported on June 17.
In spring 2011, US energy group ExxonMobil made a horizontal test drill into shale rock under a field down the road, so far the only one of its kind in Germany.
Many locals are now convinced that Lünne has been earmarked as the country's first site for fracking, the controversial method of extracting gas by injecting water, sand and chemicals into the rock at high pressure. Earlier this month, a leaked letter by the economy and energy minister, Sigmar Gabriel, hinted at permitting fracking from 2015, apparently confirming their suspicions.
"For brewers fracking could spell the end of our existence," says Borchert. Water used for brewing has to be "even cleaner drinking water". The fear alone that chemicals used during fracking might enter the local ground water
...More info on site
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India: Newly-increased excise duty in Delhi expected to lead to increased cross-border smuggling of alcohol from neighbour state
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Delhi Lieutenant Governor Najeeb Jung has approved a steep hike of 50-55 per cent in excise duty across all segments of liquor, including beer and Indian-made Foreign Liquor (IMFL). This translates into a hike of about 30 per cent for beer and between 15 and 20 per cent for IMFL varieties, Mail Online India reported on June 17.
Officials say this is one of the highest jumps of recent years in the cost of beer and other liquor. The hike will be effective by next week.
A bottle of Kingfisher beer which used to cost Rs 60 will cost anything between Rs 75 and 80 now; a bottle of Blenders Pride whisky which comes for Rs 610 now is set to cost more than Rs 700 at city vends under the new excise tax regime.
Royal Stag whisky is to go up from Rs 350 to Rs 410 for a bottle, and Foster's Strong beer will cost Rs 90 per can now.
Compared to neighbouring Haryana - which borders the capital on its north, west and south - liquor prices are already high in Delhi. The new tax regime will make the difference even more pronounced, and cross-border smuggling of
...More info on site
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Barley News
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EU: Better weather conditions improve barley yield prospects
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The crop monitoring service MARS of early May forecast barley yields of 4.59 tons/ha for the whole EU vs. 4.85 t/ha last year, of
...More info on site
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France: Reports on winter barley crop condition vary from region to region
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Even though harvest of winter barley has only been going on for several days, the crop conditions reports coming from various regions of France
...More info on site
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USA & Canada: Barley markets still keeping an eye on planting progress
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As the spring planting season winds down in North America, there is still some question about planting progress in southern Canada, thus the barley
...More info on site
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World: Turkish government authorize duty-free grains imports due to severe drought
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A severe drought has hit the region from Turkey down to the Arabian Peninsula, industry analysts reported earlier this month.
The Turkish government authorized
...More info on site
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EU: EU environmental ministers allow member states to ban or approve use of GMO crops
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EU environmental ministers (26 out of 28) backed a compromise deal on June 12 to allow member states the option to ban or approve the use of genetically modified crops, Euronews reported.
Under the proposal, the European Commission would retain the right to ban or approve any particular GM crop throughout the EU on the basis of a scientific assessment.
If agreed by the European Parliament, the proposal could potentially end years of indecision in the EU regarding GM cultivation.
Seven EU countries have already introduced their own ban.
A six-year, EU-wide ban on GMOs was lifted in 2004 by the European Commission, which insisted on strict traceability and labelling rules.
The US and Canada have previously challenged the bloc at the World Trade Organization over its reluctance to import and sell such products, arguing it was a barrier to free trade.
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World: AB InBev and Syngenta enter into partnership on malting barley sourcing
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Syngenta and Anheuser-Busch InBev (AB InBev) announced on June 17 a partnership to secure the sourcing of high-quality malting barley, MarketWatch reported.
Under the agreement, growers will have access to the best Syngenta malting barley varieties and a tailored growing approach, which includes training and advice on agronomy and sustainable farming practices. By following the protocol, growers will achieve superior yields when compared with current market standards, enabling them to supply AB InBev with consistently high-quality grain to meet the exacting standards for beer production.
Syngenta Chief Operating Officer, John Atkin, said: "We've announced a winning combination today. Growers will be able to consistently achieve higher yields of top-quality malting barley, which will increase their incomes and help Anheuser-Busch InBev meet growing demand for its products."
Tony Milikin, Chief Procurement Officer of AB InBev, commented: "We wish to keep barley relevant and interesting for growers by helping them develop their business in a qualitative, sustainable and profitable way. We work with them towards achieving a better yield – investing in the development of improved varieties while providing access to high quality seeds, the latest technology and expert advice from skilled agronomists. This is part of our dream to be the Best Beer Company
...More info on site
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