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E-Malt.com Flash 26a June 23 - June 25, 2014
Quote of the Week
"If you paint in your mind a picture of bright and happy expectations, you put yourself into a condition conducive to your goal."
Norman Vincent Peale
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Currency Rates
Base Currency: Euro on June 25, 2014 |
Base Currency: US Dollar on June 25, 2014 |
|
1 EUR = 1.3605 USD
1 EUR = 0.8001 GBP
1 EUR = 1.4600 CAD
1 EUR = 1.4470 AUD
1 EUR = 138.7000 JPY
1 EUR = 3.0245 BRL
1 EUR = 46.2008 RUB
1 EUR = 8.3859 CNY
|
|
1 USD = 0.7351 EUR
1 USD = 0.5881 GBP
1 USD = 1.0731 CAD
1 USD = 1.0636 AUD
1 USD = 101.9530 JPY
1 USD = 2.2231 BRL
1 USD = 33.9590 RUB
1 USD = 6.1639 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
June 25, 2014 |
Type |
Crop 2013 |
Crop 2014 |
EUR |
% |
EUR |
% |
2rs Barley |
187.00-189.00 | |
195.00-197.00 | 0.51% |
6rw Barley |
175.00-177.00 | |
184.00-186.00 | 0.54% |
2rs Malt |
384.00-386.00 | |
389.00-391.00 | 0.31% |
6rw Malt |
369.00-371.00 | |
375.50-377.50 | 0.33% |
Feed Barley |
155.00-157.00 | |
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.
Ethiopia: Heineken’s new brewery in Addis Ababa to be launched next month
...Click here
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Bulgaria: Ledenika brewery relaunched in northwestern Bulgaria
...Click here
|
World: Import demand for malting barley forecast to grow
...Click here
|
EU: Barley production 2014 forecast by Coceral at 55.899 mln tonnes
...Click here
|
Canada: Barley exports forecast at 2.1 mln tonnes in both 2013/14 and 2014/15
...Click here
|
Russia & Ukraine & Kazakhstan: Former Soviet Union countries expected to report decline in overall grain crop in 2014/15
...Click here
|
Nigeria: Nigerian beer market potential outweighs security risk - Heineken
...Click here
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South Korea: Interest in imported beers helps to develop local beer industry
...Click here
|
Sierra Leone: Foreign brands threaten effective operations of Sierra Leone Brewery Limited
...Click here
|
World: Heineken launching unprecedented promo campaign for Tiger beer
...Click here
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Graph of the week
Table of the week
Brewing Industry in Belgium 1900-2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How to produce your own hop oil
ABSTRACT
There is nothing wrong with traditional dry hopping.
It is a mess and a lot of compounds don't get
extracted, but the flavours are just great. Of course
there is room for optimisation. These German
researchers worked with a low pressure carrier gas
distilliation to extract the hop oils which were than
added in the final beer. The researchers took care to
work in a low temperature range in order not to
transform the original hop oil components. This
system is seen as an alternative for dry hopping.
When adding this distillate to a base beer, all important hoppy flavours increased. However, when
compared to a conventionally dry hopped beer, some
intensity in spicy flavours were missing. Analysis
showed that myrcene, caryophyllene and humulene,
when compared to the conventionally dry hopped
beer, was only present in very low concentrations. Read more
Source: Barth Innovations
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These Days in Business History
June 23
1848 Antoine Joseph Sax patents Saxophone
1907 James Meade is born, English economist
June 24
1839 Gustavus Franklin Swift, founded Swift and Co
1932 David McTaggart is born, co-founder, Greenpeace
1963 1st demonstration of home video recorder, at BBC Studios, London
June 25
1919 1st advanced monoplane airliner flight (Junkers F13)
1920 League of Nations places International head of Justice in Hague
Agenda
Brewery News
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UK: On-trade beer market down 3.4% last year
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The UK on-trade beer market fell 3.4% in 2013, compared to growth of 3.5% in the off-trade, according to the British Beer & Pub
...More info on site
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Ethiopia: Heineken’s new brewery in Addis Ababa to be launched next month
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Heineken NV will next month open a new brewery in Addis Ababa, Ethiopia, in what is the Dutch brewer's latest push to expand in
...More info on site
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Bulgaria: Ledenika brewery relaunched in northwestern Bulgaria
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The upgrade of the Ledenika brewery in Bulgaria’s northwestern town of Mezdra has absorbed investments of BGN 25 mln, according to Vladislav Tsvetkov, manager
...More info on site
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Nigeria: Nigerian beer market potential outweighs security risk - Heineken
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Heineken NV, the world’s third-biggest brewer has said the potential of the Nigerian market outweighs the security risk caused by deadly bombings in Africa’s biggest economy, This Day Live reported on June 23.
“We know what it means to have a crisis and insecurity,” the president of the Amsterdam-based company’s Middle East and Africa unit, Siep Hiemstra, said in an interview with Bloomberg TV Africa, citing the company’s experience during civil conflicts in Rwanda and South Africa.
He added: “We also believe that if you are totally focusing on only the challenges and the things that are not going well, you totally lose focus on the promises, and the promises are huge.”
Heineken competes with London-based Diageo Plc and SABMiller Plc in Nigeria, where attacks by the Islamist group Boko Haram have left more than 4,000 people dead in five years.
Hiemstra said no beer company could consider itself truly international without being in Africa, as brewers are looking to tap booming economic growth in emerging markets.
Nigeria is the continent’s most populous country with about 170 million people.
Heineken is awaiting regulatory approval to merge its two Nigeria units, which would combine the country’s industry leader with the number three beer maker.
Nigerian Breweries Plc (NB)
...More info on site
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South Korea: Interest in imported beers helps to develop local beer industry
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Imported beers have outsold local brands in South Korea during since the opening of the start of the World Cup on June 13, The Korea Times reported on June 20 .
Sales of imported beer jumped 53.3 percent year-on-year between June 13 and 18 at a major discount store. Sales of domestic brands rose 14.1 percent in the same period. Korean squad drew 1-1 with Russia on June 18.
The retailer declined to name its brand, as it does not disclose sales data for specific items.
"During big sports events such as World Cup and Olympics, there is a tendency to consume more beer, imported beer in particular, than ordinary days," a staff member said.
"What is different from the past is that there is greater demand for imported beer backed by the rising interest in foreign beers from people who have experienced various beers abroad."
He said retailers were competing to import more beers than in the past to meet demand.
The increase in foreign brands is prompting local beer-makers to step up efforts to improve quality.
"I think it's a kind of virtuous cycle that is helping to develop the domestic beer market," the official said.
The market share of imported beer increased to 26.4 percent
...More info on site
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Sierra Leone: Foreign brands threaten effective operations of Sierra Leone Brewery Limited
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The influx of different foreign brands of beer and stout is presently threatening the effective operations of the Sierra Leone Brewery Limited that is implementing the local content policy by employing thousands of Sierra Leoneans and using local produce in their production process, according to the Trade marketing Manager, Desmond George.
This information was disclosed during the one-day tour organized for pressmen by the Management of SL Brewery on June 19, Awoko reports.
According to him, SL Brewery is dealing with alcohol and non-alcoholic beverages as their responsibility is to ensure their customers receive pleasure, leisure, enjoyment and entertainment as they are now producing soft drinks as a way of being relevant everywhere, but ‘the influx of different foreign brands in the market is affecting our operations’ he recalled.
Explaining the commitments of SL Brewery within the Wellington community and the country as a whole, the Managing Director, Willy Ngana, disclosed that the company is paying all the various taxes for operating in the country, whereas the other people that are importing various brands are not paying any taxes and are not employing any Sierra Leonean to reduce the issue of unemployment.
He added that SL Brewery is committed to the socio-economic development of
...More info on site
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World: Heineken launching unprecedented promo campaign for Tiger beer
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Heineken is launching an unprecedented bid to transform Tiger beer into an “iconic” global Asian brand by introducing a “cool”, “trendy” positioning it hopes can woo young Asian professionals in Western markets, Marketing Week reported on June 24.
The “Tiger Uncage” campaign is the first for the beer since being snapped up by Heineken in 2012 to secure a stronger foothold in Asia. It said at the time Tiger had potential to become a truly global brand and is now embarking on a “gradual process” to encourage drinkers to embrace an Asian beer in a market dominated by Western brewers.
Heineken’s plan revolves around targeting young Asian men, both domestically and internationally, to capture the region’s character in a way it says runs counter to the norms of how Asian beers have been globalised in the past. Traditional distribution tie-ups with restaurants and sponsorships are being eschewed in favour of deals with trendier bars and content marketing.
Droga5-created activity breaks in the UK and Ireland later this year to push the concept to young Asian professionals. Short films reveal the stories of young Asians following their dreams instead of taking the safe, well-trodden path via an online portal. It is a
...More info on site
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Barley News
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World: Import demand for malting barley forecast to grow
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As large new malting capacities are constructed in tropical and subtropical climates, the import demand for malting barley in the world will grow, starting
...More info on site
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EU: Barley production 2014 forecast by Coceral at 55.899 mln tonnes
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The forecast for EU-28 overall barley production in 2014 is pegged this month by Coceral at 55.899 mln tonnes vs. 59.375 mln in 2013.
Barley
...More info on site
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Canada: Barley exports forecast at 2.1 mln tonnes in both 2013/14 and 2014/15
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For 2013-14, Canada’s barley exports are forecast to decrease by 4% to 2.1 million tonnes (Mt) due to good supplies of world feed and
...More info on site
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Russia & Ukraine & Kazakhstan: Former Soviet Union countries expected to report decline in overall grain crop in 2014/15
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Grain production in the former Soviet Union nations is currently forecast 2.5% lower in 2014/15 by the USDA. Exports of both wheat and coarse
...More info on site
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EU: Malting barley trade volumes remain small
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EU malting barley prices first stabilized and afterwards edged up during the last two weeks, following regular demand (mainly coming from trade buyers) and
...More info on site
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