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E-Malt.com Flash 42a
October 13 - October 15, 2014
Quote of the Week
"The roots and herbs beaten and put into new ale or beer and daily drunk, cleareth, strengthen and quicken the sight of the eyes."
Nicholas Culpeper
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Currency Rates
Base Currency: Euro
on October 15, 2014 |
Base Currency: US Dollar
on October 15, 2014 |
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1 EUR = 1.2690 USD
1 EUR = 0.7934 GBP
1 EUR = 1.4255 CAD
1 EUR = 1.4504 AUD
1 EUR = 135.8600 JPY
1 EUR = 3.0440 BRL
1 EUR = 51.6454 RUB
1 EUR = 7.7962 CNY
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1 USD = 0.7881 EUR
1 USD = 0.6252 GBP
1 USD = 1.1233 CAD
1 USD = 1.1430 AUD
1 USD = 107.0660 JPY
1 USD = 2.3988 BRL
1 USD = 40.6980 RUB
1 USD = 6.1436 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 15, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
175.00-177.00 |  0.57% |
191.00-193.00 | 0.52% |
| 6rw Barley |
156.00-158.00 |  |
161.00-163.00 | 1.25% |
| 2rs Malt |
364.50-366.50 | 0.34% |
384.50-386.50 | 0.32% |
| 6rw Malt |
341.00-343.00 | |
347.50-349.50 | 0.71% |
| Feed Barley |
147.00-149.00 | 0.68% |
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.
Australia: Australia’s reputation as malt exporter may have been damaged by Joe White Maltings quality scandal
...Click here
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World: Thirst for beer down in US, Germany, Japan, Russia
...Click here
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World: SABMiller and Diageo expected to report stagnated or even lower first-quarter alcohol sales
...Click here
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World: Barley trade forecast increased by 1 mln tonnes
...Click here
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World: World barley crop estimate increased, trade forecast most likely to be revised upwards as well
...Click here
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World: AB InBev may also look into buying PepsiCo Inc. - analysts
...Click here
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Canada: Molson Canada and Miller Brewing Co. settle fight over Miller Genuine Draft distribution
...Click here
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UK: Barley output marginally lower than last year’s, wheat crop the biggest since 2008
...Click here
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Japan: Sales of “happoshu” low-malt quasi-beer jump 24% in September
...Click here
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Graph of the week
Table of the week
German Hops Acreage and Production 2010-2013
Barley Prices
Theoretical Malt Prices
Scientific Digest
1.3-pentadiene in hops
ABSTRACT
Of course hops deliver beautiful flavours into beer. But
once in a while something not so appealing is detected as
well. These US researchers identified 1,3-pentadiene in
commercial CO2 hop extract and hop pellets. The
compound was initially thought to be a contaminant from
either the process or packaging but has now been shown to
be a naturally derived degradation product of hop acids.
The researchers were also able to propose a plausible
mechanism for its formation from alpha or beta hop acids
that can be also transferred into beer. This substance is
described as an fusel oil-like off flavor. However threshold
values in beer are unknown so the impact on flavor yet has
to be investigated.
Read more
Source: Barth Innovations
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These Days in Business History
October 13
1884 Greenwich established as universal time meridian of longitude
1971 Intel Corp. goes public on NASDAQ
1987 Walter H Brattain, U.S. physicist (transistors, Nobel 1956), dies at 85
October 14
1884 George Eastman patented photographic film
1947 Chuck Yeager makes the first 'Supersonic' flight over Edwards Air Force Base California
1968 The first successful live telecast from a manned U.S. spacecraft was transmitted from Apollo 7
October 15
1878 Edison Electric Light Company incorporated
1908 John Kenneth Galbraith is born, economist, Affluent Society-58 Hillman Award
1993 Amstel brewery on Curacao produces 1,000,000,000th bottle
Agenda
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Malt News
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Australia: Australia’s reputation as malt exporter may have been damaged by Joe White Maltings quality scandal
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Australia’s reputation for exporting high-quality malt and barley may have been damaged by allegations the nation’s biggest malt maker, Joe White Maltings, routinely supplied
...More info on site
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Brewery News
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World: SABMiller reports first half results
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SABMiller plc on October 14 issued the following update on trading for the six months ended 30 September 2014.
Alan Clark, Chief Executive of
...More info on site
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World: Thirst for beer down in US, Germany, Japan, Russia
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Thirst for beer dropped in August, available statistics show the U.S. minus 4.6% for the month and minus 0.6% for the year.
Germany reports
...More info on site
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World: SABMiller and Diageo expected to report stagnated or even lower first-quarter alcohol sales
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The heads of two of the UK’s biggest companies have a drinks problem – how to find growth, The Financial Times reported on October 12.
Alan Clark at SABMiller, the brewer, and Ivan Menezes of Diageo, the world’s largest spirits group, are both expected to report that alcohol sales in the last quarter stagnated – or even fell – when they give updates to the market this week.
A cocktail of factors over the past year, including weakness in emerging markets, unfavourable currency movements but also falling consumption in the competitive markets of North America and Europe, have held back growth.
Diageo, the producer of Johnnie Walker Scotch whisky, Smirnoff vodka and Guinness beer, suffered a 9 per cent drop in sales to £10.3 bln in the year to the end of June and an 11 per cent fall in pre-tax profits to £2.7 bln – its weakest result in three years.
At SABMiller, net sales fell 1 per cent in the year to the end of March to $26.7 bln, while pre-tax profits rose 3 per cent to $4.8 bln.
Given that the two men took the helm of their respective companies only last year from long-serving predecessors, the weaker trading means the
...More info on site
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Brazil: Beer sector may grow by 3% this year
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In spite of a drop in Brazil’s beer consumption in the third quarter, the likelihood of good beer sales in the remaining three months
...More info on site
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World: AB InBev may also look into buying PepsiCo Inc. - analysts
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If Anheuser-Busch InBev NV can’t grab the beer of its choice, it could settle for a Pepsi, Bloomberg reported on October 12.
With almost $90 billion in deals over the last 10 years, including the 2008 acquisition of the maker of Budweiser, no other beverage company spends like AB InBev does. Most of the speculation on the $170 billion beer behemoth’s next move has focused on the industry’s No. 2 brewer, SABMiller Plc. A company of AB InBev’s size and ambitions has other options though, including PepsiCo Inc.
AB InBev and its advisers have long studied whether a merger with the $142 billion soda and snacks company makes strategic and financial sense, said people familiar with the matter. However, no talks are happening now, no deal is imminent, and the scenario is among many it has looked at, one of the people added, asking not to be identified because the information is private. AB InBev should think beyond the beer market, said Albert Fried & Co. That could put Monster Beverage Corp. or Keurig Green Mountain Inc. even further away from the brewer’s core, on its radar. Either way, AB InBev probably won’t walk away empty-handed.
The culture of AB
...More info on site
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Canada: Molson Canada and Miller Brewing Co. settle fight over Miller Genuine Draft distribution
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Beer giants Molson Canada and Miller Brewing Co. have settled their fight over who gets to sell Miller Genuine Draft in Canada, The Globe and Mail reported on October 10.
The two companies announced last week that they have amicably settled a legal dispute that has been going on for years. As of April 2015, Miller will take over the sales of Miller products, including the key Genuine Draft brand, which had been part of the Molson portfolio of beer in Canada.
Molson, a unit of Molson Coors Brewing Co., has had the exclusive rights to distribute Miller products – such as Genuine Draft – under an arrangement that goes back decades. But Miller wanted to end the arrangement, because it thinks it can do a better job of selling its own beer in Canada. Miller gave official notice in January 2013 that it wanted to end the deal as of July of that year, but Molson said that couldn’t be done under the terms of the contract. It went to court in May 2013 to get a temporary injunction to keep the distribution arrangement in place until the merits of the dispute could be heard in court.
A court date was set,
...More info on site
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Japan: Sales of “happoshu” low-malt quasi-beer jump 24% in September
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Brewers’ domestic sales of “happoshu” low-malt quasi-beer jumped about 24 percent from a year earlier in September, thanks to the release of new products that their makers say are free from purine bodies, which may cause gout if their intake is excessive, The Japan News reported on October 11.
As for purine-free happoshu brands released in September, Kirin Brewery Co. sold 940,000 cases of “Kirin Tanrei Platinum Double,” Asahi Breweries Ltd. 540,000 cases of “Super Zero” and Suntory Liquors Ltd., a Suntory Holdings Ltd. unit, 360,000 cases of “Oishi Zero.” Each case contains the equivalent of 20 633-milliliter bottles.
Meanwhile, sales of “Goku Zero” of Sapporo Breweries Ltd., the pioneer purine-free brand, relaunched as a happoshu product in July, amounted to 520,000 cases.
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Barley News
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World: Barley trade forecast increased by 1 mln tonnes
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The US Department of Agriculture increased this month its forecast for the global barley trade to 21.8 mln tonnes in 2014/15, vs. 20.8 mln
...More info on site
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World: World barley crop estimate increased, trade forecast most likely to be revised upwards as well
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In September, the IGC increased its world barley crop estimate from 135 to 138 mln tons. Crops are very large in the EU, Russia,
...More info on site
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EU: Malting barley harvest results mixed this year
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Results of the malting barley harvest in the EU are mixed this year, industry analysts said in a report on October 1.
Almost everywhere
...More info on site
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UK: Barley output marginally lower than last year’s, wheat crop the biggest since 2008
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This year’s hotly anticipated provisional estimates for the 2014 UK wheat and barley harvest were released on October 10 by Defra.
The provisional figures
...More info on site
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