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Flash Summary
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E-Malt.com Flash 01a
January 01 - January 04, 2015
Quote of the Week
"We climb to heaven most often on the ruins of our cherished plans, finding our failures were successes."
Amos Bronson Alcott
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Currency Rates
Base Currency: Euro
on January 02, 2015 |
Base Currency: US Dollar
on January 02, 2015 |
| |
1 EUR = 1.2102 USD
1 EUR = 0.7769 GBP
1 EUR = 1.4057 CAD
1 EUR = 1.4827 AUD
1 EUR = 145.0900 JPY
1 EUR = 3.2219 BRL
1 EUR = 73.5796 RUB
1 EUR = 7.4485 CNY
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1 USD = 0.8264 EUR
1 USD = 0.6420 GBP
1 USD = 1.1616 CAD
1 USD = 1.2253 AUD
1 USD = 119.8950 JPY
1 USD = 2.6623 BRL
1 USD = 60.8000 RUB
1 USD = 6.1548 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 02, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
203.00-205.00 |  0.49% |
205.00-207.00 | 0.48% |
| 6rw Barley |
177.00-179.00 |  |
178.00-180.00 | |
| 2rs Malt |
401.00-403.00 | 0.17% |
401.50-403.50 | 0.30% |
| 6rw Malt |
369.00-371.00 |  0.15% |
368.50-370.50 | |
| Feed Barley |
171.00-173.00 | 0.58% |
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.
USA: AB InBev admits it can buy a few more craft beers
...Click here
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Belgium: Traditional brewers unhappy about modern ‘beer architects’
...Click here
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World: Malting barley S&D balance extremely tight or even short this year
...Click here
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Canada & China & Australia: Recent China-Australia free trade agreement puts Canadian barley at disadvantage
...Click here
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China: Barley imports in 2014 exceeded 4.45 mln tons
...Click here
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UK: AB InBev interested in using alcohol-free beers to win over younger drinkers
...Click here
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India: United Breweries Holdings likely to be declared ‘wilful defaulter’ after new United Bank of India head assumes office
...Click here
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Nigeria: Premier Brewery Onitsha to start full stream production in the first quarter of 2015
...Click here
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Africa: African brewers increasingly use local ingredients in their products
...Click here
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Ethiopia: Diageo’s Meta Abo Brewery launches new beer
...Click here
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West Bank: Taybeh Brewing Co. flourishes in spite of difficult political situation
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Second hand hops
ABSTRACT
Efficiency improvements in the brewing process lies in the
nature of brewing engineers. Therefore, in a practical
sense, the addition of hotbreak into the lautering tank for the recovery alpha- and isoalpha acids seems sensible.
Since hop acids function as chelating agents, their reuse
also introduces the chelated metal ions which is detrimental
for the oxidative stability of the beer. These German
researchers proposed a method using a pH treatment and a
yeast washing solution to recover the bitter acids from the
hot break and the yeast while excluding the metal ions.
How this would work in a larges scales still needs to be
shown.
Read more
Source: Barth Innovations
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These Days in Business History
January 1
1785 "Daily Universal Register" (Times of London) publishes 1st issue
1842 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1958 European Economic Community (Common Market) starts operation
January 2
1882 Because of anti-monopoly laws, Standard Oil is organized as a trust
1986 191.66 million shares traded in New York Stock Exchange
1905 Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey
January 3
1977 Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1911 US postal savings bank inaugurated
1957 1st electric watch introduced, Lancaster PA
January 4
1960 European Free Trade Association forms in Stockholm
1962 1st automated (unmanned) subway train (New York City NY)
2001 Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever
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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Brewery News
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USA: AB InBev admits it can buy a few more craft beers
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When Anheuser-Busch InBev NV’s board held its annual U.S. meeting last year, it met at a small brewery in Chicago. There, Chief Executive Carlos
...More info on site
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Belgium: Traditional brewers unhappy about modern ‘beer architects’
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Belgium’s traditional brewers are not happy about the emergence of “beer creators”—Internet-savvy startups who create recipes then employ other Belgian brewers to make the
...More info on site
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UK: AB InBev interested in using alcohol-free beers to win over younger drinkers
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Budweiser brewer AB InBev has expressed an interest in using alcohol-free beers to win over health-conscious younger drinkers as part of wider efforts to overcome volume declines fuelled by shifts in demographics and consumer preferences, The Drum reported on December 30.
The brewer already produces Beck’s Blue, which it claims is the UK’s most popular alcohol-free beer, and believes there is an increasing normality of drinking these types of brews as an alternative to consuming alcohol. While there is no imminent announcement regarding the trend, AB InBev pointed to the success of its Beck’s variant, which saw volume sales climb 16.4 per cent and 11 per cent in the off and on-trade respectively, as a sign of promise.
British adults feel that alcohol-free beer is more socially acceptable than it was five years ago, the brewer claimed. The insight comes from a Comres study, commissioned by AB InBev, of 2,061 adults earlier in December, which found that the sub-category could be key to propping up sales in a quarter usually hampered by people curbing their drinking habits to offset the excessiveness of the festive period.
The millenial generation - those aged between 18 and 34 - are eight times more likely than over
...More info on site
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India: United Breweries Holdings likely to be declared ‘wilful defaulter’ after new United Bank of India head assumes office
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United Bank of India is likely to declare United Breweries Holdings (UBHL) — the parent company of Vijay Mallya’s UB Group — a ‘wilful defaulter’ after its new chairman and managing director (CMD) assumes office, The Financial Express reported on December 31.
The public sector bank is headless since February after the previous CMD, Archana Bhargava, quit on health grounds even as the lender was facing a probe by the RBI and the government over bad loan pile-up.
“We identified UBHL as a wilful defaulter earlier this month. The grievance redressal committee on this will be held when the new CMD joins. We will have to go back to the board to take a call on UBHL,” United Bank of India executive director Deepak Narang said.
Bank sources said the ministry of finance was expected to notify the name of the new CMD soon. UBHL was the guarantor for the now-grounded Kingfisher Airlines. The Reserve Bank of India, in its master circular on wilful defaulters issued in 2012, said in cases where the guarantees furnished by the companies within the group on behalf of the wilfully defaulting units are not honoured when invoked by the banks/FIs, such group companies should also be reckoned
...More info on site
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Nigeria: Premier Brewery Onitsha to start full stream production in the first quarter of 2015
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The Chairman, Board of Directors, Premier Breweries Plc, Onitsha, Prince Arthur Eze said on December 30 that the company would commence full stream production
...More info on site
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Africa: African brewers increasingly use local ingredients in their products
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There is a growing trend towards contract farming of cassava and other inputs to the brewing industry across Africa, where seven governments have established special tax regimes to stimulate the use of local crops in beer production, All Africa reported on December 31.
While using sorghum and cassava in Africa reduces the import bill for barley by up to 40%, the special tax concessions negotiated have proved critical to the launch of these new beers, which are priced at around 70% of the cost of mainstream beers.
According to the industry market research company Canadean Ltd, the beer market in western Europe is flat, with its decline estimated at -0.6% a year, while "the volume of beer sold in Africa is expected to grow 4.6% per year on average from 2012 to 2016, faster than any other continent and nearly double the global rate." Accessing this growing market potential in Africa, through the production of lower-priced beer capable of attracting consumers away from traditionally brewed alcoholic beverages, is a critical part of the corporate strategies of companies such as SABMiller and Diageo.
For instance, in Uganda, contract farming of sorghum for brewing purposes was first pioneered in 2008 by SABMiller.
According to reports, contracts
...More info on site
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Ethiopia: Diageo’s Meta Abo Brewery launches new beer
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Meta Abo Brewery S.C., a Diageo company, announced that its newest production, Zemen Lager Beer, is available in outlets across Addis Abeba starting from last week, All Africa reported on December 29.
In a presses conference held on Thursday Dec. 25th Meta said it continues to invest in its beer range with the introduction of Zemen, "a refreshing, superior quality light beer with an alcohol by volume (ABV) of 4.5% and brewed with state of the art technology."
As with all Meta Abo Brewery products, Zemen is brewed with natural spring water in the brewery's hometown, Sebeta.
The lager is Meta Abo Brewery's second new product release in Ethiopia since acquisition by Diageo, following the August 2013 launch of Malta Guinness, a premium non-alcoholic malted soft drink.
Zemen Beer is already available in outlets across Addis Ababa and the 330ml bottle retails for a recommended price of ETB 10.
The world's leading premium drinks business giant Diageo acquired Meta Abo Brewery S.C. in January 2012 at a historic market share of 50%.
Meta was formerly a state-owned beer factory located in Sebeta, in the western outskirts of the capital, Addis Ababa.
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West Bank: Taybeh Brewing Co. flourishes in spite of difficult political situation
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Nadim Khoury, cofounder of Palestine’s Taybeh Brewing Co., first began brewing while studying at Brookline’s Hellenic College. And in navigating the curvy Judean hills about 12 miles outside of Jerusalem and a half-hour or so from Ramallah, there is a certain resonance, The Boston Globe reported on December 30.
In the village of Taybeh, nestled among this rolling, olive tree-lined landscape of the West Bank, Khoury’s brewery turns out exceptional beer, and his family’s business continues to flourish in spite of the region’s disheartening political situation.
Started in 1994 by Nadim and his brother David, Taybeh Brewing Company was the first microbrewery in the Middle East and exists in Palestine’s last remaining all-Christian community — an ancient town where Jesus is said to have taken refuge prior to his crucifixion. The 1993 Oslo Accords spurred rising optimism among Palestinians, and Nadim returned home from Boston one year later to start the business at the urging of his father. Twenty years later, there is still not peace, but the brewery is in a period of expansion and exciting new initiatives.
Those who question the likelihood of a brewery in the Middle East can look back to Ancient Egypt and Mesopotamia, and remember that the
...More info on site
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Barley News
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World: Malting barley S&D balance extremely tight or even short this year
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The world malting barley supply and demand balance is either extremely tight or even short, H. M. Gauger GmbH reported in December.
Luckily crop
...More info on site
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Canada & China & Australia: Recent China-Australia free trade agreement puts Canadian barley at disadvantage
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The recently announced China-Australia free trade agreement puts Canadian barley at a disadvantage in one of the world’s most promising markets, says the Barley
...More info on site
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China: Barley imports in 2014 exceeded 4.45 mln tons
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China’s barley imports in October were 219,000 tons, the total for July/Oct is 2.06 mln tons, and for the calendar year 4.45 mln tons,
...More info on site
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