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Flash Summary
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E-Malt.com Flash 51b
December 18 - December 21, 2014
Quote of the Week
"There are no bad beers; some kinds are better than others."
German proverb
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Currency Rates
Base Currency: Euro
on December 19, 2014 |
Base Currency: US Dollar
on December 19, 2014 |
| |
1 EUR = 1.2315 USD
1 EUR = 0.7887 GBP
1 EUR = 1.4310 CAD
1 EUR = 1.5101 AUD
1 EUR = 146.2210 JPY
1 EUR = 3.3188 BRL
1 EUR = 80.3571 RUB
1 EUR = 7.5599 CNY
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1 USD = 0.8121 EUR
1 USD = 0.6405 GBP
1 USD = 1.1620 CAD
1 USD = 1.2263 AUD
1 USD = 118.7430 JPY
1 USD = 2.6950 BRL
1 USD = 65.2530 RUB
1 USD = 6.1390 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 19, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
203.00-205.00 |  0.49% |
204.00-206.00 |  |
| 6rw Barley |
175.00-177.00 | |
176.00-178.00 | |
| 2rs Malt |
400.00-402.00 | 0.31% |
400.50-402.50 | |
| 6rw Malt |
366.00-368.00 | |
366.00-368.00 | |
| Feed Barley |
171.00-173.00 | 1.18% |
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: World’s main malt shippers increase exports in July - September
...Click here
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USA: The top 8 beer brands that saw tremendous success in 2008-2013
...Click here
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UK: Off-trade beverages sales up 1% in last 12 months owing to increased beer sales
...Click here
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USA & Spain: Founders Brewing Co. sells 30 percent stake to Mahou San Miguel group from Spain
...Click here
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World: Barley supplies seen as less extensive than those of other crops this year
...Click here
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EU: Barley output estimate revised up to 60.3 mln tonnes
...Click here
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EU: Malting barley markets quiet but French 2RS malting barley price increases
...Click here
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Russia & Ukraine: Ukrainian barley exports slow down, Russian shipments increase in November
...Click here
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Germany: Barley exports fall, malt shipments increase in July - October
...Click here
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Spain: Barley production estimated lower at 6.9 mln tonnes this year
...Click here
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Russia: Russia getting creative in slowing down grain exports
...Click here
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Canada: The Canadian Malting Barley Technical Centre releases recommended malting barley varieties list for the 2015-16 crop year
...Click here
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Graph of the week
Table of the week
Asia Beer Production by Country 2005 - 2013s
Barley Prices
Theoretical Malt Prices
Scientific Digest
How does yeast affect hop aroma components?
ABSTRACT
This question has been around for a couple of years,
however it has not been well addressed to this point. These
US researchers have now shown, in a small scale production
trials, how the presence of yeast influences the
concentration levels of various hop aroma components.
Linalool, geraniol and citronellol levels decreased in the
presence of yeast, and the concentrations of nerol,
caryophyllene, humulene and myrcene were also found to
be significantly lower. To clarify the different mechanisms
of those losses, more research is needed.
Read more
Source: Barth Innovations
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These Days in Business History
December 18
1796 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 Lujo [Ludwig J von] Brentano is born (German economist)
1897 Fernand J Collin is born, Belgian economist/banker
1991 General Motors announces closing of 21 plants
December 19
1997 Masaru Ibuka co-founder Sony Corporation, dies at 89
1795 1st state appropriation of money for road building, Kentucky
1989 American Airlines purchases Eastern Airline's Latin American route
December 20
1790 The first mechanized textile mill in the U.S. opens in Pawtucket, R.I. Built by Samuel Slater
1803 Louisiana Purchase formally transferred from France to US for $27 million
1966 The transmission of trades and quotes from the floor of the New York Stock Exchange is fully automated for the first time
December 21
1879 Theodore Limperg, business economist
1913 1st crossword puzzle (with 32 clues) printed in New York World
1937 1st feature-length color & sound cartoon premieres (Snow White)
Agenda
February 2015:
10-12: International Brewing Awards 2015
11-14: National Winter Ales Festival 2015 (Derby, UK)
21-24: Beer Attraction 2015 (Rimini, Italy)
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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Malt News
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World: World’s main malt shippers increase exports in July - September
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IGC data of world malt exports in July - September show the total of 5 main malt shippers at 1.62 vs. 1.46 mln tons
...More info on site
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Brewery News
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USA: The top 8 beer brands that saw tremendous success in 2008-2013
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American beer sales have followed a downward trend in recent years. After reaching a peak of 219 million barrels in 2008, total U.S. shipments
...More info on site
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UK: Off-trade beverages sales up 1% in last 12 months owing to increased beer sales
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While the UK’s off-trade saw a slight return to growth, sales at pubs bars and restaurants fell by 3% in the last 12 months,
...More info on site
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USA & Spain: Founders Brewing Co. sells 30 percent stake to Mahou San Miguel group from Spain
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Mahou San Miguel group of Madrid, Spain has purchased a 30-percent stake in Grand Rapids-based Founders Brewing Co, mlive.com reported on December, 18.
The Michigan brewery announced the Mahou San Miguel group of Madrid, Spain as the new minority investor on Wednesday, Dec. 17.
Founders said the partnership would help the brewery tap the growing international market for craft beer, as well as allow Mahou to become directly involved in the U.S. craft beer market.
“Mahou shares our family values and a commitment to their communities,” said Founders CEO Mike Stevens. “They also believe in the importance of long term partnerships. We are honored to be working with a brewer that commands so much respect.”
Robert W. Baird & CO. is serving as financial adviser for the transaction. The deal is expected to close in January.
Mahou San Miguel was founded in Madrid in 1890 under the name Hijos de Casimiro Mahou. It is a leading Spanish brand. Earlier this year, it purchased an Indian brewery, Arian Breweries & Distilleries.
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Barley News
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World: Barley supplies seen as less extensive than those of other crops this year
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Barley supplies are less excessive than those of wheat, corn and oilseeds this year, H. M. Gauger GmbH reported on December 2.
The USDA
...More info on site
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EU: Barley output estimate revised up to 60.3 mln tonnes
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Stratégie Grains on December 17 revised up its estimate for EU-28 barley output in 2014/15 to 60.3 (previous forecast 60.1, previous year 59.7) mln
...More info on site
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EU: Malting barley markets quiet but French 2RS malting barley price increases
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The malting barley markets in the EU were very quiet during the last 2 weeks, Agribrokers reported on December 17. Prices remain stable to
...More info on site
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Germany: Barley exports fall, malt shipments increase in July - October
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The German statistics office reports that Germany’s grain exports fell to 4.5 mln tonnes from July to October 2014 compared to the 5.6 mln tonnes exported in the same period of the previous year.
Exports to other EU countries reached 2.3 (2.8) mln tonnes and to third countries 2.2 (2.8) mln tonnes. Barley exports stood at 418,000 (1.34 mln) tonnes, and those of malt at 193,000 (160,000) tonnes.
Grain imports totalled 3.3 (3.3) mln tonnes, thereof those from other EU countries 3.2 (3.2) mln tonnes and those from third countries 117,000 (77,000) tonnes. The imports of barley accounted for 445,000 (434,000) tonnes, and those of malt for 85,000 (78,000) tonnes.
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Russia & Ukraine: Ukrainian barley exports slow down, Russian shipments increase in November
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Barley exports have slowed down from Ukraine, but increased from Russia, H. M. Gauger GmbH reported earlier this month.
Ukraine has shipped 3.42 mln
...More info on site
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Spain: Barley production estimated lower at 6.9 mln tonnes this year
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Spain’s agriculture ministry still estimates Spain’s 2014 wheat production (excl. durum) at 5.7 mln tonnes which is down from the 6.7 mln tonnes produced in 2013.
Durum output is now seen slightly higher at 789,000 (previous forecast 769,000; previous year 906,000) tonnes, while barley production is estimated lower at 6.9 (7.1; 10.1) mln tonnes.
The estimate for oats now stands at 671,000 (674,000; 965,000) tonnes, for rye at 229,000 (226,000; 383,000) tonnes and for triticale at 450,000 (423,000; 394,000) tonnes. Corn output is still expected at 4.6 (4.6; 4.9) mln tonnes.
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Russia: Russia getting creative in slowing down grain exports
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Russia is getting creative as it seeks to stem a surge in grain exports amid the rout in the country’s currency that has pushed up the prices consumers pay for bread, Bloomberg reported on December 18.
The country is slowing down shipments by denying certificates that grain sellers and buyers need after sanitary inspections, an association of Russian exporters said December 17. Agriculture Minister Nikolai Fedorov said this week that it may scrutinize shipments through offshore companies, and the nation’s agriculture watchdog said last month it would block outbound cargoes it deems contaminated.
Russia, the world’s fourth-biggest wheat exporter, probably doesn’t want to risk pushing up prices with an official ban, according to Matt Ammermann, an analyst at INTL FCStone Inc. who focuses on the Black Sea region. While the country has said it won’t stop exports, the curbs may allow Russia to avoid a repeat of 2010, when it issued a 10-month embargo that saw wheat prices more than double.
“They want to do it by different means,” Vladimir Petrichenko, director general of market researcher ProZerno, said by phone in Moscow. “An embargo or export duties would obviously be too painful.”
Wheat climbed for a sixth session on the Chicago Board of Trade
...More info on site
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UK: Spring barley area may increase in 2015
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Spring cropping may increase in popularity for harvest 2015 in the United Kingdom for a number of agronomic and policy reasons. Looking at gross margins alone, there is a stronger incentive to plant spring barley this year over other spring crops. Spring milling wheat may also be a popular choice, even if milling premiums next season are at a modest level, HGCA reported on December 18.
While there can be greater risks with spring cropping compared with winter planting, spring crops offer a number of benefits that may increase the popularity of spring planting in the UK this season. With lower prices available during the winter planting window than in recent seasons, growers may take the opportunity to reduce weed and disease pressures through spring planting. Additionally, the new CAP ‘greening’ measures coming into force for harvest 2015 may encourage some growers to turn to spring crops, in order to satisfy the three-crop rule and/or plant spring pulses which can be included in Ecological Focus Areas (EFA).
Based on gross margins alone, an increase in both spring feed and malting barley area in 2015 in England could be expected, as well as spring milling wheat. The spring milling oat area may well
...More info on site
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Canada: The Canadian Malting Barley Technical Centre releases recommended malting barley varieties list for the 2015-16 crop year
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The Canadian Malting Barley Technical Centre has released its list of recommended malting barley varieties for the 2015-16 crop year, Alberta Farmer reported on December 18.
The recommendations are based on varieties the industry has indicated will have the greatest likelihood of being selected by grain and malting companies for both domestic and export markets from the 2015 harvest. Members of the centre were consulted as well as grain companies, maltsters, brewers, and organizations such as the Brewing and Malting Barley Research Institute.
“Producers can select from a portfolio of newer, higher-yielding varieties,” said Peter Watts, the centre’s managing director.
Because some varieties are better suited to particular growing regions or end-use markets, producers should talk with their local malting barley buyer before deciding which to grow, he said.
The use of certified seed to ensure varietal purity and increase opportunity for selection is strongly recommended.
Growers should also be aware the end-use market is changing, he added.
“The emerging craft brewing industries in North America and globally now represent a significant market for malting barley and malt suppliers,” said Watts.
There are now about 2,700 craft breweries in the U.S., according to the U.S. Brewers Association.
“The growth in the craft sector has been remarkable, although
...More info on site
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