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Flash Summary
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E-Malt.com Flash 48a
November 24 - November 26, 2014
Quote of the Week
"No soldier can fight unless he is properly fed on beef and beer."
John Churchill, First Duke of Marlborough
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Currency Rates
Base Currency: Euro
on November 26, 2014 |
Base Currency: US Dollar
on November 26, 2014 |
| |
1 EUR = 1.2441 USD
1 EUR = 0.7929 GBP
1 EUR = 1.4035 CAD
1 EUR = 1.4527 AUD
1 EUR = 146.8620 JPY
1 EUR = 3.1624 BRL
1 EUR = 56.6847 RUB
1 EUR = 7.6422 CNY
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1 USD = 0.8039 EUR
1 USD = 0.6373 GBP
1 USD = 1.1281 CAD
1 USD = 1.1677 AUD
1 USD = 118.0510 JPY
1 USD = 2.5419 BRL
1 USD = 45.5618 RUB
1 USD = 6.1426 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 26, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
195.00-197.00 |  0.51% |
200.00-202.00 |  |
| 6rw Barley |
167.00-169.00 |  0.60% |
169.00-171.00 | 0.59% |
| 2rs Malt |
390.00-392.00 | 0.31% |
395.50-397.50 | |
| 6rw Malt |
355.50-357.50 | 0.35% |
357.00-359.00 | 0.34% |
| Feed Barley |
162.00-164.00 | 0.62% |
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.
Brazil & Canada: SABMiller to re-enter Brazilian market and start distributing its own beers in Canada
...Click here
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Russia: Russia still remains profitable for Carlsberg, just not at all near the levels foreseen seven years ago
...Click here
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USA: King of Beers losing share to light beer, craft brands, and flavoured malts
...Click here
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Greece: Carlsberg planning to transform Greece into junction for production and export to the Eastern Mediterranean
...Click here
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Vietnam: State may tighten control over brewing industry
...Click here
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World: Barley follows other markets, markets of quality barley look very firm
...Click here
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Canada: Almost all barley industry indices down to record low levels
...Click here
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Australia: Producers of malt-quality barley will be handsomely rewarded this year
...Click here
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EU & Russia & Ukraine: Winter crops planting conditions predominantly favourable in the EU but worse in Russia and Ukraine
...Click here
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Australia: Australia’s craft brewers turn to WTO in an effort to stop losing domestic market to US counterparts
...Click here
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Graph of the week
Table of the week
Eastern Europe Beer Production 2000 - 2013s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
A holistic story about hops
ABSTRACT
We know a lot has been written about hops. This review
shows there is still a huge amount of information covering
hop chemistry and nomenclature we are not aware of.
Furthermore, the different hop resins found in the lupulin
glands of the hop cones are discussed in detail. The major
hop bitter acids (alpha- and beta-acids) and the latest findings on
the absolute configuration of the cis and trans iso-alpha-acids
are discussed. Special attention is given to the hard resins;
the known delta-resin is reviewed and the epsilon-resin is
introduced. Recent data on the bittering potential and the
antimicrobial properties of both hard resin fractions are
disclosed. Also hop aroma components and hop derived
polyphenols and their potential health benefits are
addressed.
Read more
Source: Barth Innovations
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These Days in Business History
November 24
1914 Louis de Raet, Belgian economist/Flemish People Party, dies
1951 British auto manufacturers Austin/Moris Motors merge
November 25
1867 Alfred Nobel patents dynamite
1884 John B Meyenberg of St. Louis patents evaporated milk
November 26
1885 1st meteor photograph
1925 Netherlands and Germany sign trade agreement
1987 Matsushita purchases the movie and entertainment company MCA Inc. for $6.6 billion
Agenda
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
20-23: Mondial de la Biere Rio 2014 (Rio de Janeiro, Brazil)
January 2015:
17-21: RHEX - Rimini Horeca Expo 2015 (Rimini, Italy)
February 2015:
10-12: International Brewing Awards 2015
11-14: National Winter Ales Festival 2015 (Derby, UK)
March 2015:
11-14: Brazilian Beer Festival - Festival Brasileiro da Cerveja 2015 (Blumenau, Brazil)
20-21: BeerX 2015 2015 (Sheffield, UK)
31 March - 02 April: ProPak Vietnam 2015 (Ho Chi Minh City, Vietnam)
April 2015:
14-17: Craft Brewers Conference & BrewExpo America 2015 (Portland, USA)
21-23: Brewer (Pivovar) 2015 (Moscow, Russia)
25-26: Zythos 2015 (Leuven, Belgium)
May 2015:
06-08: bevtec Asia 2015 (Bangkok, Thailand)
07-23: The Czech Beer Festival 2015 (Prague, the Czech Republic)
19-22: Beer (Pivo) 2015 (Sochi, Russia)
24-28: EBC 2015 (Porto, Portugal)
26-28: Alimentaria Mexico 2015 (Mexico City, Mexico)
28-30: Copenhagen Beer Festival 2015 (Copenhagen, Denmark)
28-31: Latvia Beer Fest 2015 (Riga, Latvia)
June 2015:
10-14: Mondial de la Biere 2015 (Montreal, Canada)
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
15-17: Brasil Brau 2015 (Sao Paulo, Brazil)
August 2015:
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
More events are available on site e-malt.com
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Brewery News
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Brazil & Canada: SABMiller to re-enter Brazilian market and start distributing its own beers in Canada
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SABMiller plans to re-enter the Brazilian market next year while also distributing its own beers in Canada, adding two new markets to the group’s
...More info on site
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Russia: Russia still remains profitable for Carlsberg, just not at all near the levels foreseen seven years ago
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When a Malaysia Airlines plane was shot down in July over territory in Ukraine controlled by pro-Russian separatists, Jørgen Buhl Rasmussen’s heart sank, The
...More info on site
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USA: King of Beers losing share to light beer, craft brands, and flavoured malts
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Budweiser, the self-proclaimed King of Beers, is more of an afterthought among young consumers at bars across the U.S.: some 44% of 21- to 27-year-old drinkers today have never tried Budweiser, according to the brand’s parent company, Anheuser-Busch InBev NV, The Wall Street Journal reported on November 23.
Young drinkers aren’t the reason Budweiser volumes have declined in the U.S. for 25 years, from its nearly 50-million-barrel peak in 1988 to 16 million barrels last year. Light beers like its sister, Bud Light, have chipped away at Bud’s share of the market for decades. Bud Light overtook it as the No. 1 selling beer in 2001, and Coors Light displaced it as No. 2 in 2011.
Craft beers and flavored malts such as AB InBev’s Lime-a-Rita have contributed to a 9% decline in shipments since then.
The company has decided that persuading 21- to 27-year-olds to grab a Bud is the best chance to stop the free-fall. After years of developing advertising and marketing that appeals to all ages, AB InBev plans to concentrate future Budweiser promotions exclusively on that age bracket. That means it won’t trot out the traditional Budweiser Clydesdales for this year’s holiday advertising. It means February’s Super Bowl ads
...More info on site
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Greece: Carlsberg planning to transform Greece into junction for production and export to the Eastern Mediterranean
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Danish brewing group Carlsberg is planning to transfer part of its non-Greek production to Greece, as well as to transform this country into a
...More info on site
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Vietnam: State may tighten control over brewing industry
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It is highly possible that Vietnam’s breweries would be listed as a conditional business field, which means that it will pay high taxes and will be put under strict control of state management agencies, VietNamNet Bridge reported on November 24.
While social organizations concerned about the public health have called for tighter control over beer production, economists have warned that breweries and consumers will suffer.
A report on the role of the brewery industry in economic development, made by the Institute for Industry Policy and Strategy (IPSI), Regioplan (RP) and a policy research firm and Ernst & Young (EY), has shown a decline in the brewery industry, starting from 2014.
Consumption reportedly decreased by 7.5 percent in comparison with the same period last year, while output decreased by 8.2 percent.
RP and EY attributed the sharp decrease to the luxury tax increase imposed in January 2013, which has pushed selling prices up and lowered beer consumption.
RP, which analysed the figures released by breweries, has found decreases in the total added value (by 1 percent) and other indicators that reflect the beer output and consumption.
The workforce in the industry has decreased by 5 percent, the VAT collected from services fell by 10 percent, and the
...More info on site
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Australia: Australia’s craft brewers turn to WTO in an effort to stop losing domestic market to US counterparts
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Craft brewers in Australia have turned to the World Trade Organisation (WTO) in an effort to stop other governments subsidising their foreign counterparts, International Business Times reported on November 25.
ABC reports that the Australian Real Craft Brewers Association (ARCBA) accuses US microbrewers in particular of gaining an unfair advantage in the Australian market.
Many governments offer tax breaks to producers that brew under a pre-determined amount of beer each year. In the UK, it's called the Small Brewers' Relief scheme and was introduced by former Chancellor Gordon Brown in 2002. Under the initiative, those brewing less than 60,000 hectolitres qualify for reduced beer duty.
The smaller you are, the better the saving: those producing less than 5,000 hectolitres qualify for a 50% tax break, but the rebate falls as the amount brewed goes up.
These sorts of tax breaks, argue the ARCBA, distort the market. The organisation's chairman David Hollyoak said: "Australia is in a very unfair position because in 22 out of the 33 Organisation for Economic Cooperation and Development [OECD] countries are providing substantial reduced tax rates for their small brewers, and under the general agreement of trade and tariffs that is deemed a government subsidy."
Craft brewing has taken off around
...More info on site
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Peru: SABMiller fights against illicit alcohol
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SABMiller is encouraging Peruvian fuel producers to buy locally produced ethanol as part of the group’s efforts to curb illicit alcohol — which accounts for almost a third of the total alcoholic beverages market in Peru, Business Day Live reported on November 24.
Illicit alcohol’s share of the market has fallen from 41% to 31% over the past 13 years, as more people can afford legal alternatives and as beverage companies extend their reach into new areas across the country.
But SABMiller’s Peruvian business Backus and other producers are trying to accelerate the process and reverse an entrenched culture, which is aggravated by the fact that illegal alcoholic beverages are up to 10 times cheaper than entry-level beers.
Illicit alcohol, a problem in various Latin American and African nations, is mostly made in Peru from ethanol derived from sugar cane, according to Felipe Cantuarias, Backus’s vice-president of corporate affairs.
Backus’s fight against illegal alcoholic beverages includes a recently launched entry-level beer brand, and campaigns with government and other producers to flag health risks associated with illicit alcohols.
It also wants buyers from Peru’s 10 major sugar cane suppliers to be placed on a public registry, while beer producers are putting a business case forward to
...More info on site
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Barley News
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World: Barley follows other markets, markets of quality barley look very firm
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Barley markets, feed and malting, have followed the other markets on their way down and up in October, H. M. Gauger GmbH reported early
...More info on site
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Canada: Almost all barley industry indices down to record low levels
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For 2014-15, Canada’s barley-seeded area is estimated to have decreased by 16% to 2.408 mln ha and harvested area to have decreased by 20%
...More info on site
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Australia: Producers of malt-quality barley will be handsomely rewarded this year
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Australian barley producers lucky enough to have snared malt-quality grain this year will be handsomely rewarded, with malt barley prices well in excess of
...More info on site
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EU & Russia & Ukraine: Winter crops planting conditions predominantly favourable in the EU but worse in Russia and Ukraine
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Planting conditions for winter crops across the EU have been ‘predominantly favourable’, according to the latest EU Crop Monitoring (MARS) report.
During October and the first part of November, western and central Europe generally experienced warmer than average conditions.
Although, heavy rainfall in some areas, such as France, did cause delays in planting winter wheat crops, no serious problems were reported and early establishment progressed well.
Winter barley crops generally emerged around two weeks earlier than 2013 as a result of the warm conditions. Good establishment was also reported for winter rapeseed crops, although reports of insect damage in Germany and the UK are highlighted.
However, in Russia and Ukraine conditions were less favourable. Below average rainfall has led to concerns over crop establishment, with delays in many areas.
Although, Russian wheat was planted quickly, winter wheat is said to be generally poorly established.
The report cautions that crop conditions may improve if late November weather is warm and wet but the risk of winter frost kill is high.
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 Whisky News
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UK: Distilling may return to Edinburgh
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As reported by Edinburgh News, proposals have been submitted to build a new brewery in the South Queensferry area of the city, turning part of the site into a whisky distillery.
While there are distilleries in Edinburgh which produce other spirits, such as the Spencerfield Spirits Company which recently revealed its first batch of gin, the last malt whisky distillery closed in the city in 1925.
Plans to build Forth Bridge Brewery under the Queensferry Crossing have been proposed by Dave Robertson, a former member of the UK sailing team who is hoping to secure £3 million in funding for the project.
Robertson has already secured half a million pounds in investment and hopes to speed up the maturation process of his Scotch whisky using “top secret” production methods.
“I wanted to be able to combine various aspects into one job – marketing, brewing, hospitality. I wanted to create something unique, an icon for Scottish business,” Robertson told Edinburgh News.
“At the end of the day, this business is going to be unique from the word go. We have had a couple of setbacks, but they are all behind us now. As one of my business advisers said to me, go big or go home.
...More info on site
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