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Flash Summary
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E-Malt.com Flash 37a
September 08 - September 10, 2014
Quote of the Week
"No pressure, no diamonds."
Thomas Carlyle
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Currency Rates
Base Currency: Euro
on September 10, 2014 |
Base Currency: US Dollar
on September 10, 2014 |
| |
1 EUR = 1.2897 USD
1 EUR = 0.8012 GBP
1 EUR = 1.4178 CAD
1 EUR = 1.3942 AUD
1 EUR = 136.9800 JPY
1 EUR = 2.9361 BRL
1 EUR = 47.8478 RUB
1 EUR = 7.9443 CNY
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1 USD = 0.7755 EUR
1 USD = 0.6213 GBP
1 USD = 1.0993 CAD
1 USD = 1.0810 AUD
1 USD = 106.2150 JPY
1 USD = 2.2766 BRL
1 USD = 37.0996 RUB
1 USD = 6.1598 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 10, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
180.00-182.00 |  |
192.00-194.00 |  1.03% |
| 6rw Barley |
156.00-158.00 | |
161.00-163.00 | |
| 2rs Malt |
371.00-373.00 | |
385.50-387.50 | 0.63% |
| 6rw Malt |
341.00-343.00 | |
347.50-349.50 | |
| Feed Barley |
147.00-149.00 | 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.
World: World’s leading barley malt exporters increase shipments in July/June 2013/14
...Click here
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Latin America: Latin America to keep ensuring growth for AB InBev
...Click here
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Eastern Europe: Beer consumption down 4% in Q2 2014
...Click here
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Canada: Beer consumption declines overall but craft beers market share now totals 6%
...Click here
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The Czech Republic: Heineken in talks with Molson Coors over sale of Czech operations – report
...Click here
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EU: Harvest of spring barley almost over, protein content to be relatively low
...Click here
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Australia: Barley crop expected at 8.1 mln tons this year
...Click here
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UK: Winter and spring barley have high yields but at the cost of specific weights and nitrogen content
...Click here
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World: AB InBev’s purchase of SABMiller could result in a cut to credit ratings
...Click here
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Nigeria: Guinness Nigeria Plc reports decline in full-year profit
...Click here
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Ireland: Craft beer industry on course for sales of more than €15 million this year
...Click here
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Ireland: Diageo to open its new €168 million brewery in Dublin soon
...Click here
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Vietnam: Ministry of Industry and Trade tries to control beer production and consumption but province authorities encourage people to drink local beer
...Click here
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Graph of the week
Table of the week
Czech Hop Acreage and Production 2012-2013
Barley Prices
Theoretical Malt Prices
Scientific Digest
How alcohol boosts aroma perception
ABSTRACT
While the influence on alcohol content on bitterness
perception has been studied, it has remained unclear what
increasing levels of ethanol do to hop aroma perception.
Researchers studied the effect with the compounds betadamascenone,
carophyllene, citronellol, geraniol, geranyl
acetate, humulene, linalool, myrcene, and nerol in alcoholic
solutions of 5, 10, and 15 percent. Results indicate that
Beta-damascenone, carophyllene, and humulene aroma
thresholds are significantly affected by ethanol content,
while other compounds are not! Just like with anything else
in hop research, results show that contexts are never
simple!
Read more
Source: Barth Innovations
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These Days in Business History
September 08
1923 Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million, a $341 million loss in less than a year-and-a-half, "probably the most disastrous real-estate deal known to man"
September 09
1776 Continental Congress renames "United Colonies," "United States"
1822 Napoleon J K P Bonaparte is born, French prince/member National Convention
September 10
1845 King Willem II opens Amsterdam Stock exchange
1894 Londens taxi driver George Smith is 1st fined for drunk driving
1997 Discovery buys Travel Channel for $20 million
Agenda
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Malt News
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World: World’s leading barley malt exporters increase shipments in July/June 2013/14
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The IGC statistics of malt exports in the crop year July/June 2013/14 show larger figures for most of the world’s leading barley malt producers.
Canada’s
...More info on site
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Brewery News
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Latin America: Latin America to keep ensuring growth for AB InBev
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Nearly 45% of the world’s largest brewer Anheuser-Busch InBev‘s valuation comes from its beer operations in Latin America, comprising beer in Mexico and South
...More info on site
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Eastern Europe: Beer consumption down 4% in Q2 2014
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Beer consumption in Eastern Europe fell 4% in the second quarter of 2014, but premium brands remained stable, according to latest figures.
Russia was the
...More info on site
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The Czech Republic: Heineken in talks with Molson Coors over sale of Czech operations – report
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Heineken, the world's third-largest brewer, is in talks about selling its Czech operations to Molson Coors, a Czech newspaper reported on September 9 citing
...More info on site
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Canada: Beer consumption declines overall but craft beers market share now totals 6%
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While Canadians are drinking less beer overall, the market for craft beers is rapidly growing.
Statistics Canada reports that over the past decade beer consumption
...More info on site
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Latvia: First-half beer output declines by 28.2%
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Latvia’s breweries produced 56.067 mln litres of beer in the first half of 2014 – 28.2% less than over the same period last year,
...More info on site
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World: AB InBev’s purchase of SABMiller could result in a cut to credit ratings
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Anheuser-Busch InBev NV (AB InBev) risks a cut to credit ratings should the world’s biggest brewer pursue a takeover of nearest competitor SABMiller Plc,
...More info on site
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Nigeria: Guinness Nigeria Plc reports decline in full-year profit
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Guinness Nigeria Plc, the West African nation’s second-largest brewer, said full-year profit declined as drinkers in Africa’s biggest economy switched to cheaper brands, Bloomberg
...More info on site
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Ireland: Craft beer industry on course for sales of more than €15 million this year
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The Irish craft beer industry is on course for sales of more than €15 million in 2014 with sales increasing by 50 per cent this year alone, The Irish Times reported on September 5.
A report, scheduled to be published later this week, will reveal that sales have increased by 180 per cent since 2011, albeit from a low base.
The craft beer industry now constitutes approximately 1.5 per cent of the entire beer market, still way behind countries such as the US or the UK. By the end of the year there will be more than 50 craft beer brewers in the whole of Ireland.
In the US, craft beer sales now account for 7.8 per cent volume of the total market last year and 14.3 per cent by dollar sales.
The Irish craft beer industry believes it can reach a similar level of market share in Ireland which would see a five-fold increase in sales.
Speaking at the launch of the Irish Craft Beer Festival in the RDS on September 4, festival organiser Seamus O’Hara of the Carlow Brewing Company said the recession had actually helped sales of craft beers.
“The recession helped us because it disrupted the beer business and the bar business.
...More info on site
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France: Craft beer really taking off in France
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Three decades after microbreweries faced near extinction in wine-dominated France, craft beer is finally taking off, The China Post reported on September 6.
With the number of small breweries nearly doubling since 2010, some craft beers are even making it onto the menus of some of Paris's best restaurants.
Former photographer and beer enthusiast Bruno Torres didn't hesitate to try his hand at brewing when he found himself looking for a new career in 2012.
The 42-year-old, whose La Baleine microbrewery opened last year in Paris, admits it might have seemed like a “mad” idea to some.
Two years on, however, he has his own range of beers and finds himself part of a small but rapidly expanding industry.
“I love the creativity, the freedom which exists with beer,” Torres said, explaining that he deliberately set out to make beer that could accompany food.
In addition to his peat-smoked and citrus-flavored beers, he also produces two others — a dessert beer and a fruity one that goes well with meat or seafood.
“When we do tastings people are always drawing parallels with different foods, especially women who are really keen on these beers,” he said.
“They suggest what would go well with the different beers. They do it
...More info on site
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Ireland: Diageo to open its new €168 million brewery in Dublin soon
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Guinness producer Diageo is to open a new €168 million brewery St James’s Gate in Dublin, The Irish Times reported on September 10.
The new brewery, which was one of the largest construction projects to take place in Dublin in recent years, will consolidate all brewing by Diageo in Ireland at Victoria Quay, St James’s Gate.
The creation of the technologically advanced brewery was first announced in 2012 when Diageo said it would close its breweries in Kilkenny and Dundalk, with the loss of 100 jobs. The two plants manufactured Smithwick’s, Kilkenny ale, Budweiser and Harp Lager.
Diageo had originally planned a €650 million investment to overhaul its brewing activities in Ireland, but this was shelved as a result of the global financial crisis.
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Vietnam: Ministry of Industry and Trade tries to control beer production and consumption but province authorities encourage people to drink local beer
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While Vietnam’s Ministry of Industry and Trade (MOIT) attempts to control beer production and consumption, the leaders of many provinces and cities are encouraging people to drink beer, VietnamNet Bridge reported on September 8.
In a draft decree on beer production and consumption, MOIT stipulates that the activities of selling beer at schools, hospitals, offices, on the pavement, or to those who show “signs of getting drunk”, pregnant women, breast-feeding women, or to those who have abuse alcohol, will be considered illegal.
The ministry believes that if the beer production and market can be controlled with measures suggested in the draft decree, the brewery industry will develop well and increase revenue from beer for the state budget.
It estimates that once the decree takes effect, taxes will increase by VND3.1 trillion a year. The fee expected to be collected from beer production licensing would be about VND3.5 billion.
The draft decree which has been opened for public opinion has been described as “impractical” and “unfeasible”.
Phan Chi Dung, director of the MOIT’s Light Industry Department, admitted that it is difficult to clarify “the people with signs of getting drunk”, “pregnant women” and “breastfeeding women”.
He said that the enforcement of the decree, if it
...More info on site
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Barley News
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EU: Harvest of spring barley almost over, protein content to be relatively low
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As per September 4, the harvest of spring barley in the EU was almost over, Agribrokers analysts reported. There was still barley in the
...More info on site
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Australia: Barley crop expected at 8.1 mln tons this year
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Barley was planted on 3.8 mln ha in Australia, growing conditions were good in the west, slightly too dry in the southeast, and once
...More info on site
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UK: Winter and spring barley have high yields but at the cost of specific weights and nitrogen content
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Both winter and spring barley have had a bumper year for yields, but at the cost of specific weights and grain nitrogen content, Farmers
...More info on site
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Russia: Russia not considering grain export curbs
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Russia, one of the world's largest wheat exporters, said on September 5 it was not considering grain export curbs as an option to balance
...More info on site
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