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Flash Summary
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E-Malt.com Flash 31a
July 28 - July 30, 2014
Quote of the Week
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Currency Rates
Base Currency: Euro
on July 30, 2014 |
Base Currency: US Dollar
on July 30, 2014 |
| |
1 EUR = 1.3428 USD
1 EUR = 0.7916 GBP
1 EUR = 1.4529 CAD
1 EUR = 1.4294 AUD
1 EUR = 136.9410 JPY
1 EUR = 2.9916 BRL
1 EUR = 47.8759 RUB
1 EUR = 8.2799 CNY
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1 USD = 0.7448 EUR
1 USD = 0.5895 GBP
1 USD = 1.0820 CAD
1 USD = 1.0646 AUD
1 USD = 101.9890 JPY
1 USD = 2.2279 BRL
1 USD = 35.6548 RUB
1 USD = 6.1663 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 30, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
180.00-182.00 |  |
185.00-187.00 |  1.06% |
| 6rw Barley |
159.00-161.00 | 1.23% |
162.00-164.00 | |
| 2rs Malt |
376.00-378.00 | |
377.00-379.00 | 0.65% |
| 6rw Malt |
350.00-352.00 | 0.70% |
348.50-350.50 | |
| Feed Barley |
148.00-150.00 | 0.67% |
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.
China: China’s beer market already worth around 80% as much as the US beer market
...Click here
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UK: Q2 beer sales increase at the highest rate since 1997
...Click here
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USA: Craft beer industry production volume up 18% in January – June this year
...Click here
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Vietnam: Brewers rushing to make profit in draught-beer market
...Click here
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Germany: Barley and malt exports increase in July-May 2013/14
...Click here
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France: Winter barley crop may be 8% larger than five-year average
...Click here
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France: Winter barley values declining on news of good crop
...Click here
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Africa: Heineken well placed in Africa and Middle East to capture local growth opportunities
...Click here
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USA: Cash feed barley prices drop below $3 a bushel
...Click here
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World: Molson Coors Brewing Co. CEO to retire at the end of the year
...Click here
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UK: Results of Recommended List winter barley varieties trials are announced by HGCA
...Click here
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North Korea: Government’s efforts to produce better-quality beer seems to be paying off
...Click here
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Graph of the week
Table of the week
North America Barley Import, Production, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 July
1866 Metric system becomes a legal measurement system in US
1900 Hamburger created by Louis Lassing in Connecticut
1978 Price of gold tops $200-an-oz level for 1st time
29 July
1914 1st transcontinental phone link made between New York City & San Francisco
1952 1st nonstop transpacific flight by a jet
1956 Jacques Cousteau's Calypso anchors in 7,500 m of water (record)
30 July
1863 Henry Ford, car manufacturer was born
1897 German chemist named Felix Hoffman synthesizes a stable form of acetylsalicylic acid in a laboratory in Berlin. The head of Bayer's pharmacological institute, Heinrich Dreser, soon names the product "aspirin," and it becomes the best-selling drug of all time
1928 George Eastman demonstrates 1st color movie
Agenda
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Brewery News
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China: China’s beer market already worth around 80% as much as the US beer market
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China is already the biggest beer market in the world by volume — it overtook the US in 2002 and is already twice as
...More info on site
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UK: Q2 beer sales increase at the highest rate since 1997
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UK beer sales increased at the highest rate in the second quarter of this year since the quarterly survey began in 1997 according to
...More info on site
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USA: Craft beer industry production volume up 18% in January – June this year
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Small and independent craft brewers enjoyed continued growth in the first half of 2014, according to new mid-year data released by the Brewers Association
...More info on site
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Vietnam: Brewers rushing to make profit in draught-beer market
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As the competition in the bottled and canned beer market is getting fierce, Vietnam’s breweries are rushing to make a profit in the draught-beer
...More info on site
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Africa: Heineken well placed in Africa and Middle East to capture local growth opportunities
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According to Mr. Siep Hiemstra, President, Heineken Africa and Middle East, the Dutch brewing giant is well placed in Africa and the Middle East to capture growth opportunities by reaching more consumers through an expanded brand offering, strong market execution, developing local talent and capabilities, and increasing local sourcing, SPY Ghana reported on July 25.
Speaking at Executive Talk programme hosted by China Europe International Business School (CEIBS) African campus on July 24, Mr. Hiemstra also said that through strategic partnerships that are performance driven, Heineken intends to grow further by increasing its market share and also focus on cost discipline to drive profit growth.
A healthy population growth, an emerging middle class and rising urbanization are key growth drivers for beer consumption, according to Mr. Hiemstra. “Africa’s middle class is expected to grow from 355 million in 2010 (34% of Africa’s population) to 1.1 billion (42% of the population) in 2060.” Heineken is set to benefit significantly from this trend through accelerated innovation, building winning brands and activating key enablers of growth. To reach more consumers and to capture fundamental growth opportunities in Africa, Heineken is determined to grow within the continent by investing in local talent, to grow volume,
...More info on site
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World: Molson Coors Brewing Co. CEO to retire at the end of the year
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Molson Coors Brewing Co. Chief Executive Peter S. Swinburn will retire at the end of the year, and the chief of the company's European operations, Mark R. Hunter, will take over, the company announced on July 25.
The move comes weeks after Mr. Swinburn said he wouldn't rule out acquiring SABMiller PLC's 58% stake in U.S. joint venture MillerCoors if it became available. The matter came up because of speculation that the world's biggest brewer, Anheuser-Busch InBev, may try to acquire industry no. 2 SABMiller, a move that might require the divestiture of MillerCoors to satisfy antitrust concerns.
Mr. Swinburn, who is 61 years old and a 40-year beer industry veteran, has been chief executive of the Molson Canadian and Coors Light brewer since 2008.
"Peter has led the company through a period of significant growth and change, with milestones that include the formation of the MillerCoors JV in the U.S., the acquisition of StarBev in Europe, and the development of additional strong and growing global brands," Molson Coors Chairman Peter H. Coors said in a news release. "Simply put, we are a stronger, more global and more dynamic company today as a result of Peter's influence."
Recently, under Mr. Swinburn's direction, Molson Coors—the
...More info on site
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North Korea: Government’s efforts to produce better-quality beer seems to be paying off
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The North Korean government’s efforts to produce better-quality beer seems to be paying off, Voice of America reported on July 29.
Lager produced with Czech Republic technology, expertise, and ingredients is captivating the taste buds of tourists to the communist country, as well as the rich young adults of Pyongyang. That is according to Tomas Novotny of the Czech brewing company Zvu Potez.
“Many Russian and Chinese tourists, as well as North Koreans from Pyongyang travel [to the Rason Special Economic Zone] only to taste this beer,” said Novotny in a telephone interview with the VOA Korean service.
According to Zvu Potez’s website, the company is well-known for beer production expertise. It reportedly has helped build as many as 200 complete breweries and 50 mini-breweries around the globe.
Earlier this month, Martin Kovar, Sales Director at Zvu Potez, said in an interview with local daily Mlada Fronta Dnes that North Korean representatives in the Czech Republic approached his company directly.
“We took the [North Korean] representatives to a few Czech microbreweries, and then they chose a type of beer that appealed to them the most,” Kovar explained.
North Korea then opened a microbrewery in the Rason Special Economic Zone in late 2013 and equipped it entirely
...More info on site
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Barley News
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Germany: Barley and malt exports increase in July-May 2013/14
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The German statistics office reported on July 25 that Germany exported 14.6 mln t of grain from July 2013 to Mai 2014, which is
...More info on site
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France: Winter barley crop may be 8% larger than five-year average
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According to the latest forecasts, France’s winter barley crop will exceed by 8% the 2009-2013 average to reach around 8 mln tonnes.
An increase of
...More info on site
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France: Winter barley values declining on news of good crop
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French winter malting barley values are declining on news of an abundant and quality crop, La Depeche reported on July 25.
Industry sources reported several deals closed on winter malting barley of crop 2014, but activity is calmer on spring barley markets. Industry players are waiting for information on the crop’s quality and quantity before making or accepting any offers. Between 15% and 20% of the nation’s spring barley acreage had been harvested as of July 25. The situation on the 2015 crop activity is obscure, La Depeche said.
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USA: Cash feed barley prices drop below $3 a bushel
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A quarter drop in cash feed barley prices over the last two weeks has finally taken the price below the $3 mark, Farm &
...More info on site
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UK: Results of Recommended List winter barley varieties trials are announced by HGCA
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Results from seven trials of Recommended List winter barley varieties are presented this week ranging from Devon in the west, Edinburgh to the north and Norfolk to the east, HGCA reported on July 28.
Average yields remain buoyant in 2014 at 10.02 t/ha which compares well to the five year average of 8.98 t/ha. This is over a tonne/ha better than average at this stage. The Devon site has performed exceptionally well at 10.55 t/ha
Six-row varieties on the HGCA Recommended List still head the table on yields, with the hybrid variety Volume achieving 106% compared to the control varieties, and the conventional variety KWS Meridian 105%.
Two-row feed varieties also continue to perform well. Higher yielding varieties in 2014 include California (103%), KWS Glacier (102%) and KWS Tower (101%). Malting varieties are more about quality than yield, but Talisman have achieved yields 97% and SY venture 95% to date in 2014.
Candidate varieties are also performing well in 2014 trials, including the six-row conventional variety Daxor (105%) and the two-row feed varieties KWS Infinity (101%) and Perseus (100%).
The five year average yields provide a better representation of variety performance over a range of seasons. The six-row hybrid Volume (107%) remains the top
...More info on site
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