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E-Malt.com NewsLetter
Newsletter Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles





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E-Malt.com Newsletter 46b
November 13 - November 16, 2014


Quote of the Week

"When you think positive, good things happen."
Matt Kemp

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Currency Rates


Base Currency: US Dollar
on November 14, 2014
Base Currency: Canadian Dollar
on November 14, 2014
      1 USD = 0.8029 EUR
1 USD = 0.6348 GBP
1 USD = 1.1329 CAD
1 USD = 1.1466 AUD
1 USD = 115.6390 JPY
1 USD = 2.5773 BRL
1 USD = 46.4793 RUB
1 USD = 6.1465 CNY
      1 CAD = 0.8829 USD
1 CAD = 0.5604 GBP
1 CAD = 0.7088 EUR
1 CAD = 1.0123 AUD
1 CAD = 102.0930 JPY
1 CAD = 2.2754 BRL
1 CAD = 41.0348 RUB
1 CAD = 5.4265 CNY

Currency Rates Chart


Equities of the Largest Breweries

Equities of the Largest Breweries

North America News
Brewery news USA, WI: Pabst Brewing Co. completes sale to Blue Ribbon Intermediate Holdings LLC ...Click here
Brewery news Canada, NS: Craft brewery in Annapolis Valley launches residents’ investments program ...Click here
Brewery news USA, WI: Lawsuit against Capital Brewery dismissed ...Click here
World News
Brewery news World: SABMiller’s first-half profit growth misses analysts’ estimates ...Click here
Brewery news World: AB InBev willing to make acquisitions if the circumstances are right – CEO ...Click here
Brewery news India: United Breweries (Holdings) Limited sees Rs 3.59 crore net profit in the quarter to September 30 ...Click here
Barley news China: January-September barley exports total 4.25 mln tons ...Click here
Malt news UK: Barley usage for brewing, malting and distilling increases in July/September, wheat usage declines ...Click here
Barley news Australia: Barley crop not expected to exceed 7.6 mln tons this year ...Click here
Barley news Russia & Ukraine: Both countries harvested large and good quality crops of wheat and barley ...Click here
Barley news Mercosur: Barley harvest seen as poor in Brazil, Argentina, and Uruguay ...Click here
Brewery news Zimbabwe: Delta Corporation’s attributable income declines by 7% in H1 2014 ...Click here
Brewery news World: Heineken plans to market Belgian Affligem abbey beer as a global brand - report ...Click here
Brewery news EU: Non-alcoholic beer enjoys growing demand in Europe ...Click here
Graph of the Week


Table of the Week

Canada Barley Supply and Disposition as of October 2014


Table of the week.

Prices Evolution

Prices evolution

Barley Prices


Canadian Malting and Feed Barley Prices


US Malting and Feed Barley Prices


French Malting and Feed Barley Prices




Theoretical Malt Prices



Canadian Malt Prices


US Malt Prices


Theoretical EU 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

These Days in Business History

November 13
1851 Telegraph connection between London-Paris linked
1893 Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 1st modern elastic brassiere patented by Mary Phelps Jacob

November 14
1957 OPEC (Organization of Petroleum Exporting Countries), forms
1985 Brewers release 39-year-old pitcher Rollie Fingers
1994 1st trains for public run in English Channel Tunnel

November 15
1904 King C Gillette patents Gillette razor blade
1971 Intel advertises 4004-processor

November 16
1841 Life preservers made of cork are patented by Napoleon Guerin
1875 William Bonwill, patents dental mallet to impact gold into cavities
1904 British physicist John A. Fleming invents the thermionic two-electrode valve, or diode, later known as the vacuum tube, which soon makes the radio possible -- and ultimately powers the earliest modern computers


Agenda



News Articles


Brewery news USA, WI: Pabst Brewing Co. completes sale to Blue Ribbon Intermediate Holdings LLC
Pabst Brewing Co., the former Milwaukee-based brewer that began 170 years ago, has completed the sale to Blue Ribbon Intermediate Holdings LLC, for an undisclosed amount, Milwaukee Business Journal reported on November 14.

The New York Times reported in September that Los Angeles-based Metropoulos & Co., which bought Pabst in 2010 for $250 million, agreed to sell the company for $700 million to $750 million. Blue Ribbon Intermediate Holdings, a partnership between Eugene Kashper and San Francisco-based investment firm TSG Consumer Partners LLC, will continue to operate the company in Los Angeles.

Kashper, an American beer entrepreneur who started his career with The Stroh Brewery Company, will serve as the chairman and chief executive officer of Pabst. Kashper plans to relocate his family from New York to Los Angeles. He co-founded a number of beer and beverage companies, including Oasis Beverages where he served as the chairman from 2008 to 2014.

"We are thrilled to complete the acquisition of this great company," said Kashper. "I started my career with The Stroh Brewery Company, selling many of Pabst's classic brands, such as Old Milwaukee, Schaefer, Schlitz and Stroh's. In the 20 years since then, I have been selling, marketing and brewing beer - and ...More info on site


Brewery news Canada, NS: Craft brewery in Annapolis Valley launches residents’ investments program
The founders of a craft brewery being planned for Nova Scotia’s Annapolis Valley have announced the launch of a program that will allow residents of the province to invest in the project and receive a tax credit for doing so, Canadian Beer News reported on November 14.

The Wayfarers’ Ale Community Investment Ltd. has been set up to offer shares in a Community Economic Development Investment Fund (CEDIF) that will support the development of the brewery. Nova Scotians can invest cash or RRSP funds in the project, and will be eligible for a Nova Scotia Equity Tax Credit of between 35% and 65%, depending on the terms and length of the investment.

The funding raised via the CEDIF will be used to build the Wayfairers’ Ale Brewery adjacent to the Port Pub in Port Williams, NS, with a target opening date of late 2015.


Brewery news USA, WI: Lawsuit against Capital Brewery dismissed
A Dane County judge has dismissed a lawsuit brought by minority shareholders of Capital Brewery which claimed misconduct by company executives, wkow.com reported on November 14.

The plaintiffs claimed brewery president Scott Weiner and director Richard King left them out of important decisions involving the company. However, Judge Peter Anderson says the minority shareholders haven't shown they had standing to sue.

Weiner and King hold nearly 55% of Capital stock.

The State Journal reports the minority shareholders were led by former brewmaster, Kirby Nelson.

Nelson is now brewmaster at Wisconsin Brewing Co. in Verona, which opened in November 2013. He opened the brewery with Carl Nolen, a former president of Capital who made an unsuccessful offer to buy the company in 2011.


Brewery newsWorld: SABMiller’s first-half profit growth misses analysts’ estimates
SABMiller Plc said trading conditions will remain challenging after reporting first-half profit growth that missed analysts’ estimates as people drank less of its beer ...More info on site


Brewery newsWorld: AB InBev willing to make acquisitions if the circumstances are right – CEO
Anheuser-Busch InBev NV Chief Executive Officer Carlos Brito said he’s willing to make acquisitions if the circumstances are right, though deals aren’t necessary for ...More info on site


Brewery newsIndia: United Breweries (Holdings) Limited sees Rs 3.59 crore net profit in the quarter to September 30
United Breweries (Holdings) Limited on November 14 reported a net profit of Rs 3.59 crore for the quarter ended September 30, 2014.

The company ...More info on site


Barley newsChina: January-September barley exports total 4.25 mln tons
China imported 757,000 tons of barley in September, which adds up to 1.85 mln tons in July/Sept and to 4.25 mln tons in the ...More info on site


Malt newsUK: Barley usage for brewing, malting and distilling increases in July/September, wheat usage declines
According to a new Defra report, the UK’s brewers, maltsters and distillers total wheat usage in September 2014 was 74 thousand tonnes, down 7%.

In ...More info on site


Barley newsAustralia: Barley crop not expected to exceed 7.6 mln tons this year
Australia’s barley crop forecasts range from 7.4 to 7.6 mln tons vs. 9.545 mln last year.

USDA/IGC estimate the new crop year exports at ...More info on site


Barley newsRussia & Ukraine: Both countries harvested large and good quality crops of wheat and barley
Both Russia and Ukraine harvested large and good quality crops of wheat and barley, only the Ukrainian maize crop shows disappointing yields, H. M. ...More info on site


Barley newsMercosur: Barley harvest seen as poor in Brazil, Argentina, and Uruguay
Brazil started its barley harvest with good results in Parana. Further south, in Rio Grande do Sul and in Uruguay, rains affected yields and ...More info on site


Brewery news Zimbabwe: Delta Corporation’s attributable income declines by 7% in H1 2014
Beverage maker Delta Corporation’s attributable income for the last six months to September was down seven percent to $44 million as the group seeks to commission two sorghum beer plants to boost the group’s revenue after lager beer sales fell on weakening demand, zimeye.com reported on November 13.

Larger beer volumes for the period were down 25 percent to 69.5 million litres on the back of an underperforming economy, group chief executive, Pearson Gowero, told journalists and analysts on November 12. Half-year lager volumes have come off a post-dollarisation peak of just over 100 million litres registered during the 2013 financial year.

Revenue was down four percent to $302 million for the half year to September 30 on depressed consumer spending.

“Consumer spend is softening and largely chasing lower priced goods and services,” the company said in a statement accompanying its results on November 12.

Operating income decreased by nine percent to $57 million while earnings before interest, taxes, depreciation and amortisation was down four percent to $ 74.4 million.

Investment activities to maintain and expand operations decreased by 52 percent to $ 13.6 million Lager beer was 25 percent down on prior year attributed to the decline in consumer spending with the company appealing ...More info on site


Brewery news World: Heineken plans to market Belgian Affligem abbey beer as a global brand - report
The Dutch brewer Heineken has plans to market the Affligem abbey beer as a world brand beside its existing Heineken pilsner, expatica.com reported on November 13.

Across the globe, demand for pilsner is falling as interest in special beers grows.

In addition to Affligem Heineken also hopes to promote Desperados - a beer with a tequila taste - and Radler - a mixture of beer and lemonade - as world brands.

Heineken's marketing chief Alexis Nasard pointed to the rich history of Belgian abbey beers and their enormous credibility.

Affligem is expected to go head-to-head against AB InBev's Leffe. Affligem takes its name from the Benedictine abbey founded in the Flemish municipality of Affligem in 1072.

The monks stopped brewing beer in 1940.

From 1956 onwards the beer was brewed by outside companies including De Smet of Opwijk in which Heineken took a majority stake in 2000. The brewery then changed its name to Affligem Brewery.

Affligem exists in a blond, double and triple version as well as Patersvat and Affligem 950 Cuvée. The beer recipes are still owned by the Abbey of Affligem.


Brewery news EU: Non-alcoholic beer enjoys growing demand in Europe
One in seven British drinkers bought a non-alcoholic beer last year, highlighting improvements in taste and quality of alcohol-free alternatives, according to new figures from global research firm Mintel.

Across Europe, Mintel statistics show that consumers are gaining a thirst for non-alcoholic beer with Spanish drinkers the top consumers, followed by drinkers in Germany, Italy, Poland and France.

However, despite the strong consumer demand for non-alcoholic beer, these launches accounted for just 3% of all global beer launch activity so far in 2014, less than the 4% in 2011 and significantly less than the 10% in 1999.

In the UK, 2014 has seen only 4% of new beer innovations which are non-alcoholic.

Jonny Forsyth, global drinks analyst at Mintel, said: “Non-alcoholic beer has huge long-term sales potential, both in Muslim-dominated regions and health-conscious but beer-loving Western markets. This is an area of innovation which all major brewers should be focusing on – as consumers want reassurance of product quality, something trusted brands can provide.

“The greatest influence on recent sales is their improved taste. Whilst NABs were pushed heavily in the late-1990s and early 2000s, this failed to translate into global sales because the product was widely viewed as inferior. Yet, the modern varieties ...More info on site


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