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E-Malt.com Flash 40a September 29 - October 01, 2014
Quote of the Week
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Michael Jordan
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Currency Rates
Base Currency: Euro on October 01, 2014 |
Base Currency: US Dollar on October 01, 2014 |
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1 EUR = 1.2652 USD
1 EUR = 0.7796 GBP
1 EUR = 1.4135 CAD
1 EUR = 1.4486 AUD
1 EUR = 138.5820 JPY
1 EUR = 3.1023 BRL
1 EUR = 50.0069 RUB
1 EUR = 7.7893 CNY
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1 USD = 0.7905 EUR
1 USD = 0.6162 GBP
1 USD = 1.1172 CAD
1 USD = 1.1450 AUD
1 USD = 109.5370 JPY
1 USD = 2.4520 BRL
1 USD = 39.5240 RUB
1 USD = 6.1564 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
October 01, 2014 |
Type |
Crop 2014 |
Crop 2015 |
EUR |
% |
EUR |
% |
2rs Barley |
174.00-176.00 | 1.13% |
190.00-192.00 | |
6rw Barley |
154.00-156.00 | |
160.00-162.00 | 0.62% |
2rs Malt |
363.50-365.50 | 0.67% |
383.00-385.00 | |
6rw Malt |
339.00-341.00 | |
346.00-348.00 | 0.35% |
Feed Barley |
141.00-143.00 | |
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.
Russia: AB InBev announces closure of its East Siberia plant
...Click here
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World: AB InBev’s Europe volumes may decline on troubles in Russia
...Click here
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Russia: Carlsberg’s Baltika suspends production at two of its ten breweries in Russia
...Click here
|
Africa: Diageo targets growth in Africa through spirits, beer operations are only regarded as strategic asset
...Click here
|
World: Barley production estimate for 2014/15 increased to 138.3 mln tonnes
...Click here
|
France: France’s barley crop quality good this year, total barley area cultivated increases
...Click here
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UK: British barley crop this year better for distillers than brewers
...Click here
|
World: Selling of shares by AB InBev officials over the past two weeks undermines speculation it plans to buy SABMiller - report
...Click here
|
Ukraine & China: Obolon Brewery planning to expand on China’s beer market
...Click here
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Ukraine & EU: Duty-free import quota for Ukrainian barley extended till the end of this year
...Click here
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India: Diageo issues summary of board appointments at United Spirits
...Click here
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Graph of the week
Table of the week
World Beer Production by Country 2005 - 2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
A new approach to hop freshness
ABSTRACT
Chinese researchers propose a new way to
evaluate hop freshness, the HFI (Hop Freshness
Index). The hitherto established method is the HSI
(Hop storage index) where the degradation of alpha
and beta acids is measured with absorbance reading.
The determination of the HFI is based on the content
of alpha, beta and iso-alpha acids measured by a
new HPLC method. Within their trials they also
discovered that the degradation of alpha (and beta)
acids is hop variety dependent.
Read more
Source: Barth Innovations
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These Days in Business History
September 29
1915 1st transcontinental radio telephone message is sent
1950 Telephone Answering Machine created by Bell Laboratories
1979 Gold hits record $400.20 an ounce in Hong Kong
September 30
1452 1st book published, Johann Guttenberg's Bible
1988 IBM announces shipment of 3 millionth PS/2 personal computer
1997 Microsoft Corp releases Internet Explorer 4.0
October 01
1874 Rotterdam opens drink water pipes
1888 National Geographic magazine publishes for 1st time
1898 Dutch railway Alkmaar-Receiver opens
Agenda
Brewery News
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Russia: AB InBev announces closure of its East Siberia plant
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Anheuser-Busch InBev subsidiary SUN InBev said on October 1 it would close its Angarsk brewery in East Siberia citing higher taxes and toughened regulation,
...More info on site
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World: AB InBev’s Europe volumes may decline on troubles in Russia
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Anheuser-Busch InBev has looked to draw growth through mergers and acquisitions such as Grupo Modelo last year, Oriental Brewery this year and a possible
...More info on site
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Russia: Carlsberg’s Baltika suspends production at two of its ten breweries in Russia
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Baltika, the Russian unit of Denmark's Carlsberg, has suspended beer production at two of its breweries due to declining demand, it said on September
...More info on site
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Africa: Diageo targets growth in Africa through spirits, beer operations are only regarded as strategic asset
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Diageo Plc, the world’s largest distiller, is relying on spirits such as Johnnie Walker whisky and Smirnoff vodka to drive expansion in Africa as
...More info on site
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Germany: Craft beer trend finally taking off
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In Germany, home of Oktoberfest and a five-century-old brewing law, beer consumption has been on an unstoppable decline, prompting Europe’s biggest producer of the beverage to turn to an unlikely place for help: the U.S., Bloomberg reported on October, 1.
Oliver Lemke has been making trips to Colorado, New York and California, learning how craft brewers grabbed a sizable portion of the U.S. market. Lemke, who says his American counterparts have taught him to be bolder and experiment with new categories, is now expanding his Berlin brewery as the trend reaches Germany, where the number of micro breweries has increased by more than 30 percent since 2005 to about 670.
“We Germans were convinced we’re making the world’s best beer but meanwhile, beer diversity suffered,” Lemke said while sipping his newest creation, an India Pale Ale with a hint of grapefruit and mango. “Craft brewing is a lucrative and interesting niche and it was a mistake not to do it earlier.”
Germany, home to the world’s oldest active brewery started by Bavarian monks a thousand years ago, is synonymous with beer and the country’s 8 billion-euro ($10 billion) industry. Yet consumption and output in Germany - which has beer gardens in cities such
...More info on site
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World: Selling of shares by AB InBev officials over the past two weeks undermines speculation it plans to buy SABMiller - report
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Anheuser-Busch InBev officials sold shares in the company worth more than 9 million euros over the past two weeks, further undermining speculation the world's largest brewer is planning to buy SABMiller, Reuters reported on September 26.
Chief Strategy Officer Jo Van Biesbroeck and directors Paulo Lemann and Stefan Descheemaeker sold shares between Sept. 16 and 19, the days after frenzied speculation about a major beer deal, according to data from the Belgian financial markets regulator.
Share trading by key company insiders is strong evidence that AB InBev was not planning to buy the world's second biggest beer maker at the time. A person with knowledge of such an acquisition would not be allowed to trade.
Dutch brewer Heineken, the world's third largest brewer, said on Sept. 14 it had been approached by SABMiller, but that its controlling shareholder intended to keep the company independent.
The move by SABMiller was seen as a way of protecting itself from a potential takeover by global leader AB InBev and sparked share price rises for all the major brewers.
The Wall Street Journal said on Sept. 15 that AB InBev was talking to banks about funding a possible $122 billion takeover. AB InBev shares rose 2.8 percent that day,
...More info on site
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Ukraine & China: Obolon Brewery planning to expand on China’s beer market
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Ukraine’s Obolon Brewery intends to expand significantly its presence on the Chinese beer market and set up own production facility in China, Pivnoe Delo reported on September 29 citing the company’s General Manager Igor Bulakh.
“This year we have already shipped to China around 60 containers (of 25 thousand cans each), and next year we plan to export to China 200-300 containers,” he said. According to Mr. Bulakh, the company entered the Chinese market in 2012 and is already a well-known brand there.
“We are well represented in southern China, less – in Shanghai and are just about to enter the market in Beijing,” he said.
The CEO noted that owing to the increasing sales volume in the country, Obolon has initiated negotiations on setting up a joint venture and buying a brewery in northern China.
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Barley News
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World: Barley production estimate for 2014/15 increased to 138.3 mln tonnes
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The IGC now estimates global barley production in 2014/15 higher at 138.3 (previous forecast 135.4, previous year 144.8) mln tonnes, thereof in the EU
...More info on site
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France: France’s barley crop quality good this year, total barley area cultivated increases
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Overall, French barley moisture levels were very satisfactory for winter and spring barleys this year, Malteurs de France said in a report on the
...More info on site
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UK: British barley crop this year better for distillers than brewers
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The UK's healthy production of malting barley this year looks like providing work for blenders and brewers, but is a boon for distillers, thanks
...More info on site
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Ukraine & EU: Duty-free import quota for Ukrainian barley extended till the end of this year
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The EU Commission has decided to extend the validity of the duty-free import quota for Ukrainian barley till the end of this year, Delo.ua
...More info on site
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Whisky News
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India: Diageo issues summary of board appointments at United Spirits
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Diageo plc issued a summary of the board appointments announced by United Spirits Limited after its annual general meeting held on 30 September 2014. Diageo is the majority shareholder in USL with a 54.78% interest and continues to be entitled to appoint its nominees to the roles of CEO and CFO, as well as to nominate and recommend directors.
The appointed/re-appointed board members at the United Spirits General meeting are: Anand Kripalu (CEO and Diageo-nominated director); Vijay Mallya (non-executive director nominated by United Breweries (Holdings) Limited; and Sudhakar Rao, Sivanandhan and Indu Shahani (all as independent non-executive directors).
Following a reduction in its shareholding in United Spirits, United Breweries (Holdings) Limited is no longer entitled to recommend an independent director to the board under the shareholders agreement between the Diageo group and the UBHL group. Diageo voted in favour of the resolution at the AGM to re-appoint Mallya as a director of United Spirits Limited.
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