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Flash Summary
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E-Malt.com Flash 07b
February 12 - February 15, 2015
Quote of the Week
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Andy Warhol
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Currency Rates
Base Currency: Euro
on February 13, 2015 |
Base Currency: US Dollar
on February 13, 2015 |
| |
1 EUR = 1.1343 USD
1 EUR = 0.7417 GBP
1 EUR = 1.4259 CAD
1 EUR = 1.4742 AUD
1 EUR = 135.8000 JPY
1 EUR = 3.2359 BRL
1 EUR = 74.3647 RUB
1 EUR = 6.9608 CNY
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1 USD = 0.8815 EUR
1 USD = 0.6539 GBP
1 USD = 1.2571 CAD
1 USD = 1.2996 AUD
1 USD = 119.7200 JPY
1 USD = 2.8528 BRL
1 USD = 65.5617 RUB
1 USD = 6.1368 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 13, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
183.00-185.00 |  1.08% |
194.00-196.00 | 0.51% |
| 6rw Barley |
174.00-176.00 |  |
175.00-177.00 | |
| 2rs Malt |
376.50-378.50 | 0.65% |
388.00-390.00 | 0.32% |
| 6rw Malt |
365.50-367.50 | |
364.50-366.50 | |
| Feed Barley |
171.00-173.00 | |
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.
World: EU maltsters almost sold out for deliveries in 2015, late season demand from abroad may face small availabilities
...Click here
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USA: Rahr Corp. hopes to succeed in $68 mln expansion of its Shakopee headquarters and maltings
...Click here
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Japan: Kirin Holdings reports decline in sales and net income in FY 2014
...Click here
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World: Molson Coors seen as vulnerable player within global beer industry
...Click here
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Australia: Lion’s beer volumes slide in financial year ended September 30
...Click here
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India: United Breweries (Holdings) Ltd says Q3 revenue from alcoholic beverages dropped to RS 28.09 crore
...Click here
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Kenya: Diageo Plc’s Kenyan unit achieves 11% rise in H1 profit
...Click here
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EU: EU headed towards record barley exports - analysts
...Click here
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Canada & USA: Barley crops drop significantly because of poor weather conditions
...Click here
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China: Tsingtao bearing much of declining beer consumption blunt - analysts
...Click here
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Colombia: Postobon receives approval to produce and sell Heineken beer in Colombia
...Click here
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Portugal: Beer consumption drops to the lowest in the last 24 years
...Click here
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Portugal & Angola: Portugal’s beer shipments to Angola increase 17% last year
...Click here
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Canada: Canada’s distilling industry crippled by high markups at liquor outlets
...Click here
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India: Hoegaarden back in India’s market thanks to complying with food regulator’s labelling norms
...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
Is later harvest always better? It depends...
ABSTRACT
The effect of date of harvest with Willamette and Cascade hops, already mentioned in the Newsletter march 2012, is now published in a comprehensive article. In summary, with a later harvest the hop oil content increases and the composition changes in regard to single components such as alpha-pinene, beta-pinene, myrcene, limonene, methyl heptanoate, and linalool. These changes of course also affect the sensory profile of the hop oil. Although trials with Hallertau Mittelfrueh had shown that later picked hops led to a consumer preference with regard to dry-hopped beers, this did not hold true for similar trials with Cascade hops. Like with everything in the world... it depends!
Read more
Source: Barth Innovations
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These Days in Business History
February 12
1809 Charles Darwin, England, discovered evolution
1877 1st news dispatch by telephone, between Boston & Salem
1998 Intel unveils its 1st graphics chip i740
February 13
1741 Andrew Bedford publishes 1st American magazine (American Magazine)
1895 Moving picture projector patented
1980 Apollo Computer Inc incorporated
February 14
1794 1st US textile machinery patent granted, to James Davenport
1924 IBM Corporation founded by Thomas Watson
1946 Bank of England nationalized
1946 John W. Mauchly and J. Presper Eckert, Jr., officially unveil their Electronic Numerical Integrator and Computer, performing 5,000 additions and 300 multiplications per second and weighing more than 30 tons
February 15
1946 Bank of England nationalized
1955 1st pilot plant to produce man-made diamonds announced
1995 Dow-Jones closes at record 3986.17
Agenda
February 2015:
07-08: Bruges Beer Festival 2015 (Bruges, Belgium)
10-12: International Brewing Awards 2015
11-14: National Winter Ales Festival 2015 (Derby, UK)
21-24: Beer Attraction 2015 (Rimini, Italy)
27 February - 01 March: Alltech Craft Brews & Food Fair 2015 (Dublin, Ireland)
March 2015:
01-06: 15th IBD Africa Section Convention 2015 (Maputo, Mozambique)
11-14: Brazilian Beer Festival - Festival Brasileiro da Cerveja 2015 (Blumenau, Brazil)
13-15: Barcelona Beer Festival 2015 (Barcelona, Spain)
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)
23-25: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2015 (Shanghai, China)
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)
18-20: 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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Malt News
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World: EU maltsters almost sold out for deliveries in 2015, late season demand from abroad may face small availabilities
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Among the latest malt industry events, H. M. Gauger GmbH indicates as the most important the sale of Molson Coors UK’s 120,000 tons maltings
...More info on site
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USA: Rahr Corp. hopes to succeed in $68 mln expansion of its Shakopee headquarters and maltings
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Rahr Corp. hopes to stage a $68 million expansion of its Shakopee headquarters and manufacturing complex, Minneapolis / St. Paul Business Journal reported on
...More info on site
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Brewery News
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Japan: Asahi Group’s net income up 11.9%
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Japan’s Asahi Group reported on February 12 a rise in full-year net income to 69.12 billion yen from 61.75 billion yen a year before.
...More info on site
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Japan: Kirin Holdings reports decline in sales and net income in FY 2014
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Japan’s Kirin Holdings said on February 12 its overall sales for FY 2014 reached 2.196 trillion yen, which represents a 2.6% decline versus FY2013
...More info on site
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World: Molson Coors seen as vulnerable player within global beer industry
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Molson Coors is a vulnerable player within the global beer industry, thestar.com reported on February 13.
The North American company doesn’t have the same international
...More info on site
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Australia: Lion’s beer volumes slide in financial year ended September 30
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Lion, one Australia’s biggest brewers and a key food supplier through its branded portfolio of dairy and juice products, has blamed subdued consumer sentiment
...More info on site
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India: United Breweries (Holdings) Ltd says Q3 revenue from alcoholic beverages dropped to RS 28.09 crore
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United Breweries (Holdings) Ltd on February 12 reported a standalone net profit of Rs 2.02 crore in the third quarter ended December 31, 2014.
...More info on site
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Kenya: Diageo Plc’s Kenyan unit achieves 11% rise in H1 profit
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Diageo Plc’s Kenyan unit posted an 11 percent rise in first-half profit as the country’s second-biggest company by market value sold more of its
...More info on site
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China: Tsingtao bearing much of declining beer consumption blunt - analysts
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China’s beer volume consumption growth turned negative for the first time in 25 years.
An economic downturn and President Xi Jinping‘s anti-corruption measures brought beer
...More info on site
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Colombia: Postobon receives approval to produce and sell Heineken beer in Colombia
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Soft drinks company Postobon has received approval from Colombia's financial regulator to produce and sell Heineken beer in the country, under a partnership with
...More info on site
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Portugal: Beer consumption drops to the lowest in the last 24 years
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Portugal’s beer consumption in 2014 dropped to the lowest level in the last 24 years. According to the Portuguese Association of Beer Producers (APCV),
...More info on site
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Portugal & Angola: Portugal’s beer shipments to Angola increase 17% last year
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Portugal’s shipments of beer to Angola increased by 17% to a total of EUR143 mln in 2014, Publico.pt reported on February 11.
According to preliminary data by INE, Angola imported more than 163 mln litres of Portuguese beer last year, but this figure will not be reached this year as the nation’s government has set a maximum quota for the import of beer at 40 mln litres.
Exports of Portugal’s brewers totalled almost EUR235 mln last yeaer (+17.8% vs. 2013), and shipments to Angola represent the majority of the total volume.
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India: Hoegaarden back in India’s market thanks to complying with food regulator’s labelling norms
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Months after many imported beers, including Hoegaarden, disappeared from shops because of stricter enforcement of labelling rules, the Belgian beer is back in the market after the company’s local partner complied with the Indian food regulator’s norms, Livemint reported on February 12.
Gurgaon-based RJ Corp. (Ravi Jaipuria), the local partner of Anheuser-Busch InBev NV, adhered to Food Safety and Standards Authority of India’s (FSSAI’s) norms that require importers to clearly state all ingredients of a beverage to be printed on the bottle label.
“We have adapted labels where it was needed,” said Chris White, president and group chief executive officer of Gurgaon-based RJ Corp. “Our company always complies with local laws.”
“We will be bringing in greater quantities in 2015 to satisfy demand,” added White.
AB InBev also sells brands such as Budweiser—locally bottled in India, apart from importing beers such as Leffe, Hoegaarden and Stella Artois into the country.
Trouble for food and beverage importers started in 2014 after FSSAI tightened labelling norms on products.
According to the new norms, companies must list on the label all the ingredients used in the product in the form of imprints and not stickers. As a result of the new guideline, many
...More info on site
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Barley News
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EU: EU headed towards record barley exports - analysts
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Low prices and fading competition have put European barley exports on track to hit a record, led by a strong flow of French shipments
...More info on site
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Canada & USA: Barley crops drop significantly because of poor weather conditions
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Barley crops dropped 18% to 3.8 mln tons in the U.S. and 20% to 7.1 mln tons in Canada, H. M. Gauger GmbH said
...More info on site
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Whisky News
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Canada: Canada’s distilling industry crippled by high markups at liquor outlets
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Crippling markups at liquor outlets are stunting the growth of domestic distillers and efforts to expand global markets for Canadian-made spirits, Patrick O’Driscoll, CEO of Hiram Walker & Sons, was quoted as saying by The Windsor Star on February 6.
“The spirits industry in Canada has the lowest profitability of any market around the world,” O’Driscoll said. “So, to try and push it any lower could be a very dangerous situation for this industry.”
In Windsor to celebrate the launch of a new C$9-million bottling line at the historic distillery and bottling plant, O’Driscoll said such investments are uncommon in Canada because of the high burden of taxation.
“The net result of high markups means that companies like mine are operating on lower margins, making it difficult to invest in future business,” he said. “Opening up new markets for Canadian whisky is an expensive investment, and that’s one of the things that has held back the development of Canadian whisky globally.”
In Ontario, 77 cents of every retail dollar goes to federal and provincial coffers, leaving suppliers with a gross margin of 23 cents – substantially lower than that of beer and wine, said O’Driscoll.
The Liquor Control Board of Ontario is under pressure to
...More info on site
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