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RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
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E-Malt.com Flash 33a
August 11 - August 13, 2014

Quote of the Week

"There is more to life than beer alone, but beer makes those other things even better."
Stephen Morris

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Currency Rates


Base Currency: Euro
on August 13, 2014
Base Currency: US Dollar
on August 13, 2014
      1 EUR = 1.3365 USD
1 EUR = 0.7963 GBP
1 EUR = 1.4618 CAD
1 EUR = 1.4426 AUD
1 EUR = 136.6690 JPY
1 EUR = 3.0466 BRL
1 EUR = 48.2116 RUB
1 EUR = 8.2318 CNY
      1 USD = 0.7483 EUR
1 USD = 0.5958 GBP
1 USD = 1.0937 CAD
1 USD = 1.0794 AUD
1 USD = 102.2590 JPY
1 USD = 2.2795 BRL
1 USD = 36.0725 RUB
1 USD = 6.1591 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


August 13, 2014
Type Crop 2014
EUR %
2rs Barley 184.00-186.00 down0.54%
6rw Barley 159.00-161.00 down1.23%
2rs Malt 375.50-377.50 down0.33%
6rw Malt 345.00-347.00 down0.71%
Feed Barley 147.00-149.00down0.67%

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.


Top Industry News


Malt news World: World barley malt trade expected to increase in 2014/15 ...Click here

Brewery news The Philippines: San Miguel Brewery grows first-half revenues by 3% ...Click here
Brewery news Chile: CCU reports 52% leap in Q2 net profits ...Click here

Barley news World: USDA increases forecast of world barley trade in 2014/15 ...Click here
Barley news EU: Barley crop may be close to last year’s 60 mln tons than previously expected ...Click here
Barley news USA: Barley prices continue to fall ...Click here


More Industry News


Brewery news UK: Great British Beer Festival expected to pour almost 1,000 different craft beers and ciders to more than 55,000 visitors ...Click here
Brewery news India: SABMiller revamps Foster’s beer to claw back ground lost to competitors ...Click here
Brewery news Malaysia: IS extremists planned to attack Carlsberg’s brewery in Malaysia ...Click here
Barley news Australia: New Charger barley variety expected to make it possible for beer to retain flavour for up to a year ...Click here
Brewery news China: Tsingtao Beer launches fruit-flavoured beer to win over female consumers ...Click here
Brewery news Vietnam: Saigon Binh Tay Beer Joint Stock Company launches Vietnam’s first non-alcoholic beer ...Click here
Brewery news Kenya: East Africa Breweries could stop bottling low priced Senator Keg beer because of higher taxes ...Click here
Brewery news South Korea: The Ministry of Food and Drug Safety investigating complaints about Oriental Brewery’s Cass beer ...Click here

Graph of the week



Table of the week

Russia Barley Supply & Demand


Table of the week.
Barley Prices



Theoretical Malt Prices


Scientific Digest


125th Anniversary Review: Developments in brewing and distilling yeast strains


ABSTRACT
Progress during the past 25 years regarding our knowledge of brewer's yeast strains is considered. This is not a comprehensive review but rather focuses on some specific areas. These areas include a brief description of genomics, proteomics and metabolomics as applied to brewer's yeast strains. This review subsequently considers differences between ale and lager yeast strains, the uptake and metabolism of wort sugars and amino acids, yeast flocculation, yeast management between fermentations and yeast strain genetic stability. The question of process intensification, with particular attention to high-gravity brewing, is also addressed. Fermentation systems and processes are considered with an emphasis on novel procedures for stirred fermentations.
Copyright 2013 The Institute of Brewing & Distilling
Read more

Source: Journal of the Institute of Brewing

These Days in Business History

August 11
1909 SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 Steve Wozniak, future co-inventor of the Apple computer, is born
1992 The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota

August 12
1856 Anthony Fass patents accordion
1877 Thomas Edison invents Edisonphone, a sound recording device
1960 Echo 1, 1st communications satellite, is launched

August 13
1623 Cardinal Richelieu appointed Chief Minister of France by Louis XIII
1907 1st taxicab in New York
1961 Construction on Berlin Wall begins in East Germany (Dark day)

Agenda




MaltMalt News Malt


Malt newsWorld: World barley malt trade expected to increase in 2014/15
The following numbers of malt shipments in 2013/14 (in grain equivalent) were published recently by IGC:

Argentina in July/April shipped abroad 747,000 tons of malt ...More info on site



BreweryBrewery News Brewery


Brewery newsThe Philippines: San Miguel Brewery grows first-half revenues by 3%
San Miguel Corp, the Philippines' most diversified conglomerate, said on August 11 its first-half net income grew more than six fold to 18.4 billion ...More info on site


Brewery newsChile: CCU reports 52% leap in Q2 net profits
Chile’s leading brewer CCU has seen its profits perform well in the first half of 2014, thanks to a one-off payment to its Argentinean ...More info on site


Brewery news UK: Great British Beer Festival expected to pour almost 1,000 different craft beers and ciders to more than 55,000 visitors
This month, the Kensington Olympia Exhibition Centre is hosting the Great British Beer Festival.

Some 55,000 people will attend the event and sample almost 1,000 different real ales, craft beers and ciders, International Business Times reported on August 8.

Scattered among the exhibitors will be up to 70 London craft breweries, demonstrating the enormous growth the sector has enjoyed in recent years.

"Six years ago when I got here it was still a lot of mainstream lagers, ales and cask which I didn't find very interesting. Now it's grown... there were only five or 10 breweries in London. Now you're up to 60ish roughly and within the next couple of years you'll be hitting the three figures, 100, which is fantastic," Durham Atkinson, the managing director of the Hops & Glory craft beer pub on the Essex Road said.

The pub brews a couple of its own beers to go along with the dozens of external beers it sells on premises. Atkinson is about to install a one barrel kit in the basement which will allow them to increase the amount they make and, all being well, sell their product elsewhere.

And it doesn't seem like there will be any issue with demand.

The research firm ...More info on site


Brewery news India: SABMiller revamps Foster’s beer to claw back ground lost to competitors
SABMiller, the world's second largest beer manufacturer by volume, has revamped its flagship international brand Foster's in India in a bid to claw back ground lost to European rivals Carlsberg Group and Anheuser-Busch InBev, The Times of India reported on August 13.

Post a massive, six-month long consumer research, the biggest of its kind done in India by SABMiller, the company re-launched Foster's recently, with the aim of putting its third biggest beer brand by revenue in India back on a high-growth trajectory. The two regional brands it acquired, Haywards and Knock Out, are its top two performers by revenue and volume, respectively.

"India is one of the most important markets for Foster's in terms of case volume after the US and UK. We relooked at literally everything in the brand. The taste of the brew has now been designed to be more refreshing and suited for the Indian palate," said Darioush Afzali, director, marketing, SABMiller India.

The company also rebranded the two-year-old Strong variant to Foster's Gold, in a bid to appeal to a larger consumer base. Nearly 80% of the beer market comprises of strong brew which has an alcohol content between 5% and 8%.

Data from International Wine ...More info on site


Brewery news Malaysia: IS extremists planned to attack Carlsberg’s brewery in Malaysia
With more and more Malaysians and Indonesians becoming involved in the Syrian and Iraqi conflicts, western companies operating in the region, Carlsberg included, have suddenly found themselves in the crosshairs, The Copenhagen Post reported on August 11.

Over the past seven months, Malaysian security forces have arrested 19 Islamic extremists looking to launch terror attacks on a number of targets in Malaysia and Indonesia, including a Carlsberg factory near Kuala Lumpur.

“During questioning, they [the suspects] admitted one of their main objectives was to attack the government,” Ayub Khan, a senior official at Malaysia’s Special Branch Counter-Terrorism Division, told South China Morning Post.

“They also discussed planning attacks against a disco, pubs in Kuala Lumpur and a Carlsberg factory in Petaling Jaya.”

The Malaysian government revealed that 20 of its citizens had left for Syria to fight alongside the brutal militants of the Islamic State (IS), formerly known as ISIS. At least 56 Indonesians have also joined the IS ranks.

Some have been killed, but anti-terror experts fear that many will return home with plans to attack targets in the region.

“This is just like veterans from the wars in Afghanistan. Apart from Malaysia and Indonesia, there are also recruits from the Philippines going to Syria,” ...More info on site


Brewery news China: Tsingtao Beer launches fruit-flavoured beer to win over female consumers
Tsingtao Beer, one of China's biggest beer brands, launched a fruit-flavored beer on Chinese Valentine's Day, on August 2, in an effort to win over female followers with its cute design and sweet flavor, womenofchina.cn reported.

The new product, which is called "Peach Beer" or "Xuanqi" in Chinese, is the brewery's latest endeavour to attract certain targeted groups and create new products that fit special occasions, following its launch of tailored drinking packages during the Chinese New Year and the 2014 World Cup in Brazil.

The pink-canned drink won instant success as soon as it hit the market.

"I used to enjoy this kind of beer in Taiwan while it was not available in China's Mainland," said a female consumer. "I'm excited that this sweet flavored beer can now be bought here so that I can share this nice experience with my girlfriends."

The new product is now on sale in Tsingtao Beer's flagship store on Tmall.com with surprise discounts, gifts and cash rewards.


Brewery news Vietnam: Saigon Binh Tay Beer Joint Stock Company launches Vietnam’s first non-alcoholic beer
Saigon Binh Tay Beer Joint Stock Company introduced the first non-alcoholic beer brewed in Vietnam on August 10, saigon-gpdaily.com.vn reported.

The product contains less than 0.5 percent alcohol by volume.

In the first phase, the company will produce five million litres per year. The price of Sagota non-alcoholic beer is equal to 50-60 percent the price of import product, which is being sold at VND20,000-35,000 per can in the Vietnamese market.

Consumption trend of non-alcoholic beer is on the rise in the world. In Spain, it accounts for over 20 percent of total volume consumed.


Brewery news Kenya: East Africa Breweries could stop bottling low priced Senator Keg beer because of higher taxes
East Africa Breweries could stop bottling low priced Senator Keg beer following a 75 per cent drop in sales after the government slapped tax on keg beer, AllAfrica reported on August 9.

Managing director Charles Ireland said the company "could take a hard decision on Senator" if the government does not revise its decision on the excise tax adding that already several jobs have been lost as a result.

"Senator consumers are extremely price sensitive consumers... the current position for Senator Keg is not a sustainable one," he said.

Speaking during the release of the company's financial results for the full year period ended June 2014, Ireland said sales growth grew by a modest four per cent, weighed down by Senator Keg performance.

Net sales stood at Sh61.29 billion with profit after tax hitting Sh6.86 billion, a five per cent rise from the previous year. Kenya accounted for 64 per cent of the company's sales, Tanzania 11 per cent, Uganda 18 per cent while South Sudan and Rwanda jointly contributed seven per cent.

In Uganda, profits were up by 50 per cent boosted by high sales of Waragi gin. Its flagship brand Tusker beer retained market leadership, with sales growing by 17 per cent, Guinness ...More info on site


Brewery news South Korea: The Ministry of Food and Drug Safety investigating complaints about Oriental Brewery’s Cass beer
The Ministry of Food and Drug Safety of South Korea launched an investigation after it received consumers’ complaints that they noticed a strong smell of disinfectant when they opened a Cass can, Oriental Brewery’s flagship product. As it fuels fears among consumers, the rumor seems to have a bad effect on its sales, The Korea Bizwire reported on August 9.

On August 7, the beer brewer said consumers have complained that they felt or smelled disinfectant when they had Cass. Moreover, the news went viral on social media tools such as Facebook, Twitter or KakaoTalk.

As the problem persists, the ministry is carrying on scrutiny with experts to identify any problem on the 5th. In last June, the ministry already had conducted an investigation only to conclude that there was no problem in it. As complaints are continuously being brought up, however, the food safety agency resumed its investigation. As of late August 5, more than 10 complaints have been received.

Oriental Brewery sees the problem occurred during distribution, not during the production process. “Beers tend to go bad on scorching hot days while they are distributed,” it explained.

Despite its explanation, the rumors don’t seem to be silenced. On the 5th, a rumor ...More info on site



BarleyBarley News Barley


Barley newsWorld: USDA increases forecast of world barley trade in 2014/15
USDA in its August report increased the forecast for global barley trade in 2014/15: to 20.7 mln tonnes from 20.295 mln tonnes last month.

Russian ...More info on site


Barley newsEU: Barley crop may be close to last year’s 60 mln tons than previously expected
The EU barley crop will be very large. After conservative July estimates of Coceral, USDA and IGC of a crop of 56 mln tons, ...More info on site


Barley news USA: Barley prices continue to fall
Following the lead of corn, feed barley prices continued to fall during the past two weeks, and feed barley’s current price puts the crop in a unique situation, according to Valley Grain Milling’s Randy Brag quoted on August 9 by Farm & Ranch Guide.

“When you look at barley prices right now, there is actually a premium for feed barley over corn,” Brag said. “Feed barley has 90 percent the feed value of corn and in some parts of the country we are seeing $2.50 to $2.30 corn and feed barley at some elevators is at a $2.50 level.”

Brag feels producers are finally starting to see a true market price for the various commodities, including barley, that were impacted earlier in the year by lack of grain movement.

“We had a market held up by freight,” Brag said. “If we would have had rail cars moving on an orderly fashion all winter long and if we would have had enough truck drivers to move this crop, this market would have been in the tank in March.”

Brag wouldn’t be surprised to see the feed market dip even lower now that we are moving into harvest and everybody is full of grain.

“We could go ...More info on site


Barley news Australia: New Charger barley variety expected to make it possible for beer to retain flavour for up to a year
Beer that retains its flavour for up to a year is expected to hit the shelves by the end of next month, after Australian scientists spent a decade developing a new type of malting barley, The Australian Reported on August 13.

Coopers Brewery estimates its first batch of Carlsberg lager featuring the new Charger malt barley variety developed by University of Adelaide scientists and the European brewing giant will be brewed this month.

Coopers managing director Tim Cooper said that using the new barley variety would not change the flavour of its product but it would slow down the deterioration of flavours into a “papery characteristic”.

“It’s just going to give the flavour more longevity, possibly postponing it by 50 per cent longer,’’ Mr Cooper said.

Adelaide University’s Plant and Food Science barley program leader Jason Eglinton said the new barley varieties were particularly important for delicate beer styles, where a slight off flavour is easily detected as a cardboard-type taste.

A typical light beer style stored in warm climates can go stale within four months but the new variety could extend a beer’s life for as long as 12 months, Professor Eglinton said.

Carlsberg and Japan’s third largest brewer Sapporo have separately worked with the ...More info on site


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