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Flash Summary
Last five Flashes
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E-Malt.com Flash 05b
January 29 - February 01, 2015
Quote of the Week
"[I recommend]... bread, meat, vegetables and beer."
Sophocles' philosophy of a moderate diet
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Currency Rates
Base Currency: Euro
on January 30, 2015 |
Base Currency: US Dollar
on January 30, 2015 |
| |
1 EUR = 1.1299 USD
1 EUR = 0.7474 GBP
1 EUR = 1.4184 CAD
1 EUR = 1.4432 AUD
1 EUR = 133.2310 JPY
1 EUR = 2.9290 BRL
1 EUR = 77.9194 RUB
1 EUR = 6.9615 CNY
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1 USD = 0.8852 EUR
1 USD = 0.6615 GBP
1 USD = 1.2554 CAD
1 USD = 1.2774 AUD
1 USD = 117.9250 JPY
1 USD = 2.5924 BRL
1 USD = 68.9644 RUB
1 USD = 6.1614 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 30, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
192.00-194.00 |  1.53% |
198.00-200.00 | 0.50% |
| 6rw Barley |
176.00-178.00 |  |
176.00-178.00 | |
| 2rs Malt |
387.00-389.00 | 0.94% |
393.00-395.00 | 0.31% |
| 6rw Malt |
367.50-369.50 | |
366.00-368.00 | |
| Feed Barley |
173.00-175.00 | |
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.
China: Beer production dropped 0.98% last year - report
...Click here
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Germany: Beer production last year grew for the first time since 2006
...Click here
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World: Diageo delivers improved performance in the second quarter
...Click here
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Turkey: Anadolu Efes reports 4.4% beer sales volume decrease for 2014
...Click here
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Russia: Carlsberg closes breweries in Chelyabinsk and Krasnoyarsk reducing its Russian capacity by 15%
...Click here
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UK: Price gap between barley and wheat removed by high export interest
...Click here
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Africa: SABMiller sees Africa as source of opportunity and growth
...Click here
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Angola: Government sets maximum quota for beer imports
...Click here
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UK: Carlsberg partnering with an additional eight breweries to extend its beer portfolio
...Click here
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South Korea: German beers account for the largest share in Korea’s rising beer import
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of January 2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
January 29
1871 US income tax repealed
1886 Karl Benz patents 1st auto with burning motor
1921 Akio Morita, the co-founder of Sony Corp., is born in Nagoya, Japan
January 30
1922 World Law Day, 1st celebrated
1951 Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 Belgium's TV channel 2 in Flanders goes on the air
January 31
1956 The twist off bottle cap is invented
1973 Ragnar Frisch Norwegian economist (Nobel 1969), dies at 77
1990 McDonald's opens its first restaurant in Russia.
February 1
1788 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 1st volume of the Oxford English Dictionary, A-Ant, published
1898 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 World trade conference Unctad 2 opens in New Delhi
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)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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China: Beer production dropped 0.98% last year - report
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Chinese beer production has declined for the first time in the last decade as a result of bad weather, weak consumer demand and the
...More info on site
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Germany: Beer production last year grew for the first time since 2006
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Germany's Federal Statistics Office said on January 30 that 95.6 million hectolitres of beer were brewed in Germany last year. That was about 1
...More info on site
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Russia: Beer production down 8.6% in 2014
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Russia’s 2014 beer production declined by 8.6% as compared to the previous year, Rosstat reported on January 28.
Total beer output thus amounted to 81.6
...More info on site
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UK: Beer sales up for the first time in a decade
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Sales of beer increased in the UK for the first time in a decade during 2014, thanks to tax cuts and a surge in
...More info on site
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World: Diageo delivers improved performance in the second quarter
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After a bad start to its financial year, drinks giant Diageo delivered a much improved performance in the second quarter with stronger net sales,
...More info on site
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Turkey: Anadolu Efes reports 4.4% beer sales volume decrease for 2014
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Anadolu Efes said on January 14 its total beer sales volume decreased by 4.4% to 24.5 mln hl compared to 25.6 mln hl in
...More info on site
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Russia: Carlsberg closes breweries in Chelyabinsk and Krasnoyarsk reducing its Russian capacity by 15%
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Carlsberg A/S, the world’s fourth-biggest brewer, said it will close two of its 10 breweries in Russia after a review of its production structure
...More info on site
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Africa: SABMiller sees Africa as source of opportunity and growth
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World’s second largest brewer, SABMiller is starting to experience very little organic growth, with first half revenue up only 3 percent renewing speculation that the South African company may consider the alleged merger ambitions to offset slowing growth. The company’s head of Africa, Mark Bowman, however insisted that the brewer would maximise the opportunities it has to develop and grow its business, Ventures Africa reported on January 28.
“We see Africa within SABMiller as a source of opportunity and growth and we are trying to maximise that opportunity in a responsible way,” Bowman said.
According to a study by Wall Street’s premier sell-side research and brokerage firm, Bernstein Research, Africa’s brewing industry is yet to be truly tapped. The US-based firm describes Africa, as perhaps, the most attractive region for long-term profit growth for global brewers. “African [profit] margins have more headroom and better (very) long-term growth prospects,” it said in a research note.
Bowman said Zimbabwe has been very challenging for the SABMiller. The company has had to endure strongly negative growth for two years, largely because of weaker economic growth in the southern African country. With a little resurgence of the economy, as the dollar rose, the brewer
...More info on site
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Angola: Government sets maximum quota for beer imports
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The government of Angola has set a maximum quota for the import of products included in the basic basket of goods in 2015 at around 2 million tons, including cooking oil, flour, rice and sugar, according to a joint executive decree dated 23 January.
The decree, signed by the Ministers of Finance, Agriculture, Fisheries, Industry, Commerce and Transport, together with the National Bank of Angola, aims to “ensure food and nutritional security of the people” and take regulatory measures which ensure domestic supply of over 60 percent of national consumption.
The document set for the entire 2015 year a general import quota of 2.04 million tons of the basic basket products split amongst cooking oil (334,000 tons), corn meal (99,000), wheat flour (688,000) salt (100,000), rice (457,000) and sugar (367 438).
The same decree sets a general import quota of soft drinks and beverages for this year of 950 000 hectolitres spread over waters (150,000 hectolitres), soft drinks (200,000), beer (400,000) and juice (200,000).
João Abecasis, head of Portugal’s leading brewer Unicer, said he hopes Luanda will revise the quota for beer and that, eventually, it will be Angola who will lose in fiscal revenues.
Unicer’s sales to Angola annually exceed 7 mln litres of
...More info on site
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UK: Carlsberg partnering with an additional eight breweries to extend its beer portfolio
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Carlsberg is partnering with an additional eight breweries to extend its beer portfolio across its 2015 Tapster’s Cask Ale range that will be available for on-trade customer orders this month, The Morning Advertiser reported on January 21.
The latest additions for 2015 include Business As Usual from Derby Brewing Company, Double Dragon from Felinfoel Brewery, Gower Gold from Gower Brewery, Rivet Catcher from Jarrow Brewing Company and Jaipur IPA from Thornbridge Brewery.
The Tapster’s permanent range consists of 55 ales available nationwide, all year-round. The 30 brewers featured in the 2015 range include Tetley’s, Adnams, Camerons, Fuller’s, Greene King, Hook Norton, Marston’s, Robinsons, St Austell and Thwaites.
Carlsberg’s Tapster’s Extra Choice range comprises nearly 100 additional ales available on bi-monthly rotation offering cask ale variety from breweries across the UK.
Paul Waller, director of customer service and third party brands at Carlsberg UK, said: “The beer category in the UK flourished in 2014 with new breweries and ales coming onto the market all the time. We are proud that so many additional breweries have chosen to partner with us and we are confident that our new brochure will be a valuable tool for boosting cask ale sales.”
“As well as providing useful insight
...More info on site
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South Korea: German beers account for the largest share in Korea’s rising beer import
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Import beers are rising in popularity in Korea, with their share in discount stores’ overall beer sales surging to over 30 percent for the first time in history, Korea IT Times reported on January 30.
According to Lotte Mart on January 29, the share of import beers in its overall beer sales rose to 30 percent last year from 25.4 percent in 2013, 19.5 percent in 2012, 16.7 percent in 2011, and 13.3 percent in 2010.
Major retailers, encouraged by the rising popularity of import beers, introduced a wider range of import beers, which, in turn, expanded customer access to import beers.
German beers accounted for the largest share of 30.9 percent in Korea’s beer imports last year, followed by those from Japan with 22 percent, the Netherlands with 11.5 percent, Belgium with 6.6 percent, and the United States with 6.1 percent.
German beers overtook Japanese ones last year, first in history. Until 2013, Japanese beers had enjoyed the position as the best-selling import beers in Korea.
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Barley News
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UK: Price gap between barley and wheat removed by high export interest
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Export interest has removed the price gap between barley and wheat in many areas in the UK, Farmers’ Weekly reported on January 29.
Ex-farm feed barley prices midweek ranged from £110-119/t compared with feed wheat at £116-£122/t.
However in many counties, barley and wheat values were equal.
To some extent the UK was benefiting from France doing more barley export business with China this season, to which the UK was not an approved exporter, said Openfield’s head of desk Glenn Mason.
Barley is benefiting from slightly higher brewing, malting and distilling use at home but the 2014 crop produced about 2 mln tonnes more than domestic requirements for potential export or carryover into next season.
The latest export statistics show UK barley exports between July and November 2014 at 559,000 tonnes, their second highest level since 2003-04.
Although this is lower than the previous season, some large cargoes have shipped since the end of November, with barley the preferred feed grain in Saudi Arabia and some Asian markets.
The figures to the end of November show 35% of UK barley exports going to non-EU destinations.
Relative currency values are playing a huge part in grain pricing, and although the pound continues to gain against the euro, both
...More info on site
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