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E-Malt.com Flash 30b July 24 - July 27, 2014
Quote of the Week
"Philosophy and beer, it's the same thing: when consumed, they change all the perceptions we have of the world."
Dominique-Joel Beaupre
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Currency Rates
Base Currency: Euro on July 25, 2014 |
Base Currency: US Dollar on July 25, 2014 |
|
1 EUR = 1.3465 USD
1 EUR = 0.7915 GBP
1 EUR = 1.4457 CAD
1 EUR = 1.4270 AUD
1 EUR = 136.8450 JPY
1 EUR = 2.9921 BRL
1 EUR = 47.1196 RUB
1 EUR = 8.2965 CNY
|
|
1 USD = 0.7427 EUR
1 USD = 0.5878 GBP
1 USD = 1.0736 CAD
1 USD = 1.0598 AUD
1 USD = 101.6320 JPY
1 USD = 2.2221 BRL
1 USD = 34.9936 RUB
1 USD = 6.1615 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
July 25, 2014 |
Type |
Crop 2013 |
Crop 2014 |
EUR |
% |
EUR |
% |
2rs Barley |
180.00-182.00 | 1.09% |
187.00-189.00 | 1.57% |
6rw Barley |
161.00-163.00 | 2.99% |
162.00-164.00 | 1.21% |
2rs Malt |
376.00-378.00 | 0.65% |
379.50-381.50 | 0.96% |
6rw Malt |
352.50-354.50 | 1.71% |
348.50-350.50 | 0.70% |
Feed Barley |
149.00-151.00 | 0.66% |
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: SABMiller’s Q1 revenue beats analysts estimates
...Click here
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China: China’s beer market seen as exciting place to be for international brewers in spite of protectionist controls
...Click here
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Ukraine: Beer and malt output down in the first half of this year
...Click here
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Australia: SABMiller’s subsidiary sees 3% decline in sales by volume in the quarter to the end of June
...Click here
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EU: EU on track to record above-average grain yields
...Click here
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Australia: Barley crop to decline as acreage was reduced in favour of other grains
...Click here
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USA: Most Americans still prefer beer to wine or whiskey
...Click here
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Australia: Local craft beer consumption on the rise
...Click here
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Ireland: British pub group JD Wetherspoon to operate its Irish outlets without any Diageo-distributed products unless the brewer agrees to lower prices
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
24 July
1847 Richard M. Hoe patented the rotary type printing press, NYC
1938 Instant coffee invented
1987 IBM-PC DOS Version 3.3 (updated) released
25 July
1946 1st bikini is shown at a Paris fashion show
1978 The world's first test-tube baby, Louise Joy Brown, was born in Lancashire, England
1984 Cosmonaut Svetlana Savitskaya became 1st woman to walk in space
26 July
1656 Rembrandt declares he is insolvent
1835 1st sugar cane plantation started in Hawaii
1908 FBI founded
27 July
1694 The Bank of England opens for business in London to print currency and manage the national debt. It goes on to become one of the world's most effective central banks
1866 Atlantic telegraph cable successfully laid (1,686 miles long)
1971 Merrill Lynch & Co. goes public, becoming the first New York Stock Exchange firm to do its own initial public offering on the NYSE
Agenda
Brewery News
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World: SABMiller’s Q1 revenue beats analysts estimates
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SABMiller Plc, the world’s second-biggest brewer, reported on July 24 first-quarter revenue growth that beat estimates as it sold more expensive beer in Africa
...More info on site
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China: China’s beer market seen as exciting place to be for international brewers in spite of protectionist controls
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Now double the size of its American counterpart, China's beer market is an exciting place to be for international brewers in spite of protectionist
...More info on site
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Russia: Beer output down 5.2% in January - June
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According to Rosstat data, Russia’s beer output amounted to 39.60 mln hl in January – June 2014, which represents a decline of 5.2% vs.
...More info on site
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Ukraine: Beer and malt output down in the first half of this year
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According to Ukrbeer CEO Halina Korenkova, Ukrainian brewers produced a total of 13.09 mln hl of beer (including zero-alcohol brands) over the first six
...More info on site
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Australia: SABMiller’s subsidiary sees 3% decline in sales by volume in the quarter to the end of June
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The May budget might have led to a plunge in sentiment but it seems consumers aren’t crying in their beer, with brewing giant CUB
...More info on site
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India: SABMiller continues to struggle in India
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SABMiller, the world’s second largest beer company, continues to struggle in India, with its local business reporting net losses for the last three years,
...More info on site
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USA: Most Americans still prefer beer to wine or whiskey
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Bourbon may be booming and more wineries are cropping up all over the nation, yet Americans still prefer a cold brew over a glass
...More info on site
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Australia: Local craft beer consumption on the rise
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For the first time on record Australians’ consumption of craft beer in an average four-week period has increased to more than one million, however the overall preference for locally brewed beer is on the decline, Hospitality Magazine reported on July 4.
Figures recently released by Roy Morgan Research reveal the proportion of Australians aged 18 and over who consume locally produced craft beer has risen from 3.5 percent, or 592,000 people in the year to March 2010 to 5.7 percent, or 1.04 million people in March 2014.
The brews are proving most popular with those under 50, particularly the 25-34 age group – in 2010, 7.9 percent drank craft beer in an average four weeks, a figure that has since risen to 10.7 percent.
Craft beer consumption is on the rise among people from New South Wales and Queensland in particular. Between 2010 and 2014, it was adopted by 186,000 people in New South Wales, meanwhile 99,000 Queensladers developed a penchant for the beverage.
Despite the popularity of local craft beer, overall domestic beer consumption is on the decline. In the year to March 2010, a total of 36.7 percent or 6.1 million Australians opted for local beer in an average
...More info on site
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Ireland: British pub group JD Wetherspoon to operate its Irish outlets without any Diageo-distributed products unless the brewer agrees to lower prices
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JD Wetherspoon, the British pub group that plans to open 30 outlets in the Republic of Ireland, will operate its Irish bars “for the long-term” without any Diageo-distributed products, such as draught Guinness, Budweiser, Carlsberg or Smithwicks, unless it negotiates lower prices from the brewer, The Irish Times reported on July 25.
Tim Martin, Wetherspoon’s chairman, said July 24 it wanted to stock Diageo’s products, but it was unwilling to pay the price charged for draught beer.
“I don’t want to put pressure on Diageo, but we simply baulked at paying a higher price for Guinness in Ireland than we do in the UK,” he said.
He declined to comment on the price difference between the two markets, but it is understood the Irish price is up to 20 per cent higher.
Mr Martin was speaking on July 24 at the Three Tun Tavern in Blackrock in Dublin, Wetherspoon’s first Irish pub which recently opened without any Diageo-distributed products.
He said Wetherspoon’s contract with Diageo in Britain prevented it from buying draught Guinness cheaply there and shipping it to Ireland.
“I’m confident we can move ahead with or without Diageo. We have a good relationship, but if it turns out that we don’t stock Guinness in
...More info on site
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Barley News
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EU: EU on track to record above-average grain yields
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The European Union is on track to record above-average grain and oilseed yields this summer, helped by generally good growing conditions, the EU's crop
...More info on site
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Australia: Barley crop to decline as acreage was reduced in favour of other grains
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Total Australia’s barley crop is forecast at 7.462 mln tonnes in 2014/15, significantly down from 2013/14’s crop of 10.545 mln tonnes, ABARES said in
...More info on site
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UK: Harvest 2014 now well underway across the UK
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Harvest 2014 is now well underway across the UK. Following the first reports of cutting at the beginning of the month combining progress and crop quality has been variable, Farmers Guardian reported on July 24.
Many growers have made good progress on winter barley crops and most are making a start on oilseed rape. Most growers Farmers Guardian contacted this week hoped to be into wheat within the next 10 days, although some milling wheat had been cut in East Anglia to meet early delivery contracts.
Bedfordshire grower Steven Northern has finished his 124 hectares (306 acres) of oilseed rape and is now waiting for his wheat to ripen.
Crops have been coming in dry at 6-7 per cent moisture content and yielding 3.95 t/ha (1.6 t/acre), which Mr Northern predicted to be roughly 10 per cent above his five-year farm average.
Mr Northern said locally said a ‘good chunk’ of OSR had been cut but 16mm of rain over the weekend had stopped combines.
Further north in south Lincolnshire, Chris Wray has cut some 81 ha (200 acres) of OSR which is yielding about 4.32 t/ha (1.75 t/acre).
Mr Wray said: “This year OSR seems to be yielding well, generally farmers in the area are
...More info on site
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