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Flash Summary
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E-Malt.com Flash 46a
November 10 - November 12, 2014
Quote of the Week
"When you think positive, good things happen."
Matt Kemp
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Currency Rates
Base Currency: Euro
on November 12, 2014 |
Base Currency: US Dollar
on November 12, 2014 |
| |
1 EUR = 1.2433 USD
1 EUR = 0.7838 GBP
1 EUR = 1.4137 CAD
1 EUR = 1.4390 AUD
1 EUR = 143.4520 JPY
1 EUR = 3.1836 BRL
1 EUR = 57.7136 RUB
1 EUR = 7.6407 CNY
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|
1 USD = 0.8044 EUR
1 USD = 0.6304 GBP
1 USD = 1.1371 CAD
1 USD = 1.1575 AUD
1 USD = 115.3880 JPY
1 USD = 2.5607 BRL
1 USD = 46.4208 RUB
1 USD = 6.1456 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 12, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
196.00-198.00 |  0.51% |
200.00-202.00 | 0.50% |
| 6rw Barley |
163.00-165.00 | 0.61% |
168.00-170.00 | 0.60% |
| 2rs Malt |
391.00-393.00 | 0.31% |
395.50-397.50 | 0.31% |
| 6rw Malt |
350.50-352.50 | 0.35% |
356.00-358.00 | 0.35% |
| Feed Barley |
156.00-158.00 |  0.63% |
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: Malt markets moderately active in October and very complicated now
...Click here
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World: Carlsberg Group third quarter profit falls 4.8%
...Click here
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Colombia: Chile’s CCU agrees to create brewing JV in Colombia
...Click here
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World: SABMiller back to the drawing board in building up a global beer brand of its own
...Click here
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Thailand: Boon Rawd Brewery Co restructuring its organisation to foster sustainable growth
...Click here
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Russia: Carlsberg says Russian consumers shifting towards its premium beers
...Click here
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World: USDA increases world barley trade forecast in its November report
...Click here
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EU: Barley markets not at their best levels yet - analysts
...Click here
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The Czech Republic: Hop acreage and yields higher this year
...Click here
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New Zealand: Hop yields average despite good growing conditions this year
...Click here
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World: Commodities prices move up at the end of October
...Click here
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United States: Malting firms still waiting to release malting barley contracts for next year
...Click here
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Ireland: Malting barley growers protest against being “pressurized by Diageo”
...Click here
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South Korea: Oriental Brewery launches premium all-malt beer
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of October 2014
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
For your health, marinate your steak in beer!
ABSTRACT
This might sound as a joke but it is true! Portuguese
researchers have looked into the effect of different beer
types as meat marinates in regard to the formation of
polycyclic aromatic hydrocarbons (PAHs). All beer types
tested (Black Beer, Pilsner and a non-alcohol Pilsner)
showed inhibitory effects on PAH formation (which are to
see in context with cancer). The effect increased with the
increase of their radicals-cavenging activity. Stay healthy,
insist on beer marinated meat!
Read more
Source: Barth Innovations
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These Days in Business History
November 10
1544 Antwerps painter John Matsys banished
1891 Granville T. Woods patents electric railway
1951 1st long distance telephone call without operator assistance
November 11
1493 Columbus discovers Saba
1925 Robert Millikan announces discovery of cosmic rays
1988 Oldest known insect fossils (390 million years) reported in Science
1993 Bill Gates buys Leonardo da Vinci's "Codex" for $30,800,000
November 12
1494 Corporate balance sheets and income statements can trace their heritage to this day, as the first edition of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni et Proportionalita is printed in Venice.
1765 Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind.
Agenda
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Malt News
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World: Malt markets moderately active in October and very complicated now
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Malt markets were moderately active in October, and many brewers have covered their 2015 demand by now, through pure malt purchases and barley cover
...More info on site
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Brewery News
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World: Carlsberg Group third quarter profit falls 4.8%
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Carlsberg Group reported on November 10 a drop in third quarter profit after a fall in the Russian rouble hit its performance.
The Danish brewer
...More info on site
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Colombia: Chile’s CCU agrees to create brewing JV in Colombia
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Chile's Compañia de las Cervecerias Unidas (CCU) and Colombia's largest soft drinks maker, Postobon, have agreed to form a partnership for the manufacturing, marketing
...More info on site
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World: SABMiller back to the drawing board in building up a global beer brand of its own
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In 2002, soon after acquiring Miller Brewing Co. from Philip Morris Cos., the newly formed SABMiller PLC unveiled its plan for world beer domination:
...More info on site
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Thailand: Boon Rawd Brewery Co restructuring its organisation to foster sustainable growth
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Boon Rawd Brewery Co, the maker of Singha beer, is restructuring its organisation to foster sustainable growth and become a leading conglomerate in Asean.
...More info on site
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Russia: Carlsberg says Russian consumers shifting towards its premium beers
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Carlsberg A/S said on November 10 Russians are shifting toward its premium beers with branded goods helping bolster sales amid political turmoil and government
...More info on site
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South Korea: Oriental Brewery launches premium all-malt beer
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Oriental Brewery, South Korea’s largest beer manufacturer, launched a new premium all-malt beer in a move to increase its stake in the fast-growing premium beer market, The Korea Herald reported on November 11.
At a news conference on November 11, it unveiled The Premier OB, a thick all-malt beer made of German noble hops and premium yeast.
“The Premier OB is the combined result of OB’s 80-year brewing history and its devotion to creating better taste,” said OB CEO Chang In-soo.
The new product is an upgraded version of OB’s Golden Lager, which is currently the third best-selling beer in Korea. The Premium OB also benchmarked rival all-malt beer brands such as Hite Jinro’s Max and Lotte Liquor’s Kloud.
“The Premier OB was created by applying a long-term aging technology to our OB Golden Lager to get a denser flavor and richer aroma,” said OB chief marketing officer Alex Song.
The company also used a different fort and logo for The Premier OB to distinguish it from OB Golden Lager, Song said.
“Korean consumers used to prefer light-flavored beer, but their palates seem to have changed and diversified over the years,” Song said. “Our No. 1 brand Cass fits the existing conventional customer needs, but it
...More info on site
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Barley News
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World: USDA increases world barley trade forecast in its November report
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China’s imports of barley, sorghum, distiller’s dried grains (DDGS), and cassava soared in 2013/14 (Oct-Sep) as feed millers sought alternative ingredients. China’s domestic corn
...More info on site
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EU: Barley markets not at their best levels yet - analysts
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As of the beginning of November, French two-row spring barley prices had increased by more than EUR 30,- since early October, winter barley and
...More info on site
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World: Commodities prices move up at the end of October
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Chicago wheat prices moved from USD 4.78 per bushel on September 30 to 5.33 on October 31. Corn from 3.21 to 3.77. Soybeans from
...More info on site
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United States: Malting firms still waiting to release malting barley contracts for next year
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Although Busch Ag is still in the electronic bidding process for 2015 malting barley contracts, the other malting firms are still waiting to release malting barley contracts for next year's production, Farm & Ranch Guide reported on November 10.
The only exception to that is a small amount of acres were contracted by Miller/Coors in North Dakota, according to Kayla Burkhart, grain merchandiser for CHS Sun Prairie Grain in Minot, N.D. This action fulfils a decision that Miller/Coors made a couple months ago to spread out their contracted acreage to other barley producing areas.
It has been reported, Burkhart noted, that the prices for the electronic bidding have generally been in the $4.75 to $5 a bushel range.
"I don't think a lot of growers will want to take out a contract for less than $5 a bushel, but Rahr hasn't come out with their program yet," Burkhart said. "Each week we hear it should be coming out this week, but as of now, that hasn't happened."
The cash prices for both feed and malting barley are holding steady, according to Burkhart. In the case of malting barley, the maltsters are still evaluating their supply of barley, and focusing on malting some of the
...More info on site
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Ireland: Malting barley growers protest against being “pressurized by Diageo”
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Malting barley growers protested on November 10 outside Guinness in Dublin, saying they are ‘frustrated’ with how they are being dealt with over prices and specifications, Agriland reported.
Over 100 malting barley growers protested outside the Diageo-owned Guinness site in Dublin.
A spokesperson for the group said they were feeling “pressurised” by Guinness over changes to specifications to grain this year. “This is a last resort for us today, but we have to get the message to the people that we are supplying.
“The specification changes meant growers had no confidence in forward selling. Further, with contracts not being sent out until the end of May, farmers were in a difficult position. Seed was out in January, so contracts and changes should be presented to farmers before they sow a crop,” he said.
“Over 100 growers attended today and we handed in a letter outlining the issues for the growers, including the changes we have had to specification. We were there today out of frustration and not being negotiated with properly and we feel pressurised by Diageo.
“We outlined in the letter that specification changes are very difficult to deal with, including that we are using older seeds varieties that have limited yields.” He said
...More info on site
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Hops News
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The Czech Republic: Hop acreage and yields higher this year
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For the Czech Republic hops acreage was up slightly in 2014 at 4,472 ha (4,319 ha in 2013). The challenge for them was still
...More info on site
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New Zealand: Hop yields average despite good growing conditions this year
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In New Zealand, the 2013/2014 growing season saw good conditions for hop production with warmth and rain during spring and summer but in the
...More info on site
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