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Flash Summary
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E-Malt.com Flash 08a
February 16 - February 18, 2015
Quote of the Week
"Beer is good food."
John Goodman
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Currency Rates
Base Currency: Euro
on February 18, 2015 |
Base Currency: US Dollar
on February 18, 2015 |
| |
1 EUR = 1.1376 USD
1 EUR = 0.7405 GBP
1 EUR = 1.4133 CAD
1 EUR = 1.4584 AUD
1 EUR = 135.0600 JPY
1 EUR = 3.2150 BRL
1 EUR = 71.4330 RUB
1 EUR = 6.9858 CNY
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|
1 USD = 0.8789 EUR
1 USD = 0.6509 GBP
1 USD = 1.2423 CAD
1 USD = 1.2819 AUD
1 USD = 118.7200 JPY
1 USD = 2.8260 BRL
1 USD = 62.7911 RUB
1 USD = 6.1407 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 18, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
181.00-183.00 |  1.09% |
194.00-196.00 |  |
| 6rw Barley |
173.00-175.00 | 0.57% |
175.00-177.00 | |
| 2rs Malt |
374.50-376.50 | 0.65% |
388.00-390.00 | |
| 6rw Malt |
364.50-366.50 | 0.34% |
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.
USA: Malt needs to increase alongside craft brewing industry expansion
...Click here
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World: Carlsberg to cut costs as net profit falls nearly 78% in Q4 2014
...Click here
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Japan: Suntory Holdings gains top spot in terms of revenue among Japan’s four major brewers
...Click here
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World: Group of South American billionaires weighing up takeover bid for SABMiller - report
...Click here
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Mexico: Heineken optimistic about its results in Mexican market this year
...Click here
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India: AB InBev exiting Indian joint venture with RJ Corp
...Click here
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Russia & Ukraine: Russia’s barley crop estimated at 19.5 mln tonnes, Ukraine’s at up to 9.4 mln tonnes
...Click here
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France: France’s alcohol consumption halved in 20 years
...Click here
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Canada: Canada Revenue Agency abolishes beer and spirits purchase barriers between provinces
...Click here
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World: Heineken looks well positioned owing to its premium brands
...Click here
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Australia: Investigation into beer giants’ draught beer market practices elevated to ‘priority matter’ for Australian Competition and Consumer Commission
...Click here
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EU: Euromalt and EBC report breakthrough in the research on gushing
...Click here
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Mozambique: Cassava production for beer to get larger scale in Mozambique’s Inhambane province
...Click here
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Graph of the week
Table of the week
World Barley Import, Production, Consumption, and Ending Stocks by Region
Barley Prices
Theoretical Malt Prices
Scientific Digest
Alternatives to ICE-3
ABSTRACT
The current HPLC calibration standard for measuring alpha acids and beta acids in hops and hop products is the International Calibration Extract, third formulation (ICE-3), derived from a de-oiled CO2 hop extract. Laboratories that use ICE-3 must warm and mix the calibration extract to ensure that it is homogenous prior to use. As an alternative, this article offers a standard that uses the crystalline complexes of dicyclohexylamine-alpha acids and dicyclohexylamine-beta acids which are more stable than ICE-3. Because these crystalline salts are homogeneous and readily dissolve in methanol, they are also easier to use than ICE-3.
Read more
Source: Barth Innovations
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These Days in Business History
February 16
1978 1st Computer Bulletin Board System (Ward and Randy's CBBS, Chicago)
1990 Cisco Systems, Inc. goes public on NASDAQ, selling 2.8 million shares at an initial offering price of $18 per share
1998 Tellabs Inc. acquires Coherent Communications Systems for $670 million
February 17
1878 Silver dollar became U.S. legal tender
1986 1st Francophone Summit convenes at Versailles
1989 Egypt, Iraq, Jordan and North Yemen form common market
February 18
1933 1st issue of Newsweek magazine published
1939 Golden Gate International Exposition opens on Treasure Island
1981 Chrysler Corporation reports largest corporate losses in U.S. history
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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USA: Malt needs to increase alongside craft brewing industry expansion
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The USA remain the center of craft brewing. Total beer output in 2014 shrank by 0.5% to 208 mln hl. But 3200 craft brewers
...More info on site
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Brewery News
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World: Carlsberg to cut costs as net profit falls nearly 78% in Q4 2014
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Carlsberg A/S, the Danish brewer with operations in Russia, Ukraine and other parts of Eastern Europe, said on February 18 it will cut costs
...More info on site
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Japan: Suntory Holdings gains top spot in terms of revenue among Japan’s four major brewers
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Suntory Holdings Ltd. gained the top spot in terms of revenue among four major Japanese brewers for the first time ever in the business
...More info on site
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World: Group of South American billionaires weighing up takeover bid for SABMiller - report
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A group of South American billionaires has been weighing up an audacious £75billion takeover bid for SABMiller, the world’s second-largest brewer, the Daily Mail's
...More info on site
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Mexico: Heineken optimistic about its results in Mexican market this year
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Favorable demographics and possible market-share gains are likely to bring more growth for Dutch brewer Heineken this year in the company’s key Mexican market,
...More info on site
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India: AB InBev exiting Indian joint venture with RJ Corp
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Belgian brewing giant, Anheuser Busch InBev plans to go solo in India through Crown Beers India Ltd, its wholly-owned entity, after exiting the joint
...More info on site
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World: Carlsberg names new CEO as from June 2015
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Danish brewer Carlsberg named a new chief executive on February 18 and warned that problems in Russia and Ukraine would weigh on earnings again this year.
Dutchman Cees 't Hart, the head of dairy company FrieslandCampina, will become Carlsberg chief executive in June. He replaces Jorgen Buhl Rasmussen who turns 60 this year and had told the board that he wanted to take a step back into non-executive roles.
"It's a decision we both agreed upon is the right thing for Carlsberg, and also right for Jorgen to move on in his non-executive career," Chairman Flemming Besenbacher told reporters.
For seven years Rasmussen has fought a tough battle as sales in Russia, Carlsberg's main market after the acquisition of the Baltika brand in 2004, had been affected by tighter regulations and more recently a sanctions-hit economy.
"Maybe his energy has been exhausted, and this change will definitely bring a breath of fresh air into the company," analyst Morten Imsgard from Sydbank said.
New CEO 't Hart has run FrieslandCampina, one of the world's largest dairy companies, for six years and steered the group through a large merger and substantial growth in Asia, a key focus area for Carlsberg as well.
Prior to that he had worked
...More info on site
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France: France’s alcohol consumption halved in 20 years
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According to a new study, just 18% of French men and 6% of French women consume alcohol on a daily basis, marking a reduction of 50% in the past 20 years, The Riviera Times reported on February 16.
The recent report produced by La Direction de la recherche, des études, de l’évaluation et des statistiques (DREES) has revealed once again that adult alcohol consumption is decreasing nationwide. On average, 12% of French adults admitted to drinking wine, beer or spirits every day, compared to 23% in 1995.
In terms of provincial alcohol consumption, the report revealed that the Nord Pas de Calais, Pays de la Loire, Midi Pyrénées and Languedoc Roussillon regions are home to the most prolific drinkers. In a surprising turn of events, the Ile de France, where people are known for their hectic lifestyles, is one of the areas where people consume the least amount of alcohol.
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Canada: Canada Revenue Agency abolishes beer and spirits purchase barriers between provinces
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Canada Revenue Agency announced on February 13 that Canadians will now be able to purchase beer and spirits in provinces where they don't live and bring them home for personal use, Xinhua reports.
The measure removes unnecessary red tape and is expected to benefit independent breweries and distilleries in communities across Canada by opening up regional markets and generating jobs.
Amendments to the Importation of Intoxicating Liquors Act (IILA) remove federal barriers and now allow individuals to move beer and spirits from one province to another for personal use.
They were adopted as part of the Government of Canada's Economic Action Plan 2014 and follow the government's elimination of similar barriers in 2012 in order to permit the interprovincial movement of wine for personal use.
Under the IILA, imports of alcohol must be done by a provincial liquor board or other agency authorized by the province to sell alcohol. This provision has not changed as a result of the amendments.
As provincial liquor laws govern the movement, sale, purchase and possession of wine, beer, and spirits within each province, changes to these laws are often also required to allow interprovincial movement. Since the previous amendment in 2012, both British Columbia and Manitoba allow personal importations
...More info on site
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World: Heineken looks well positioned owing to its premium brands
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Beers brewers have over the last few years increasingly seen a shift in consumer demand towards the craft and premium segment. This is true
...More info on site
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Australia: Investigation into beer giants’ draught beer market practices elevated to ‘priority matter’ for Australian Competition and Consumer Commission
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An investigation into Australia's two big beer giants, Lion and Carlton & United Breweries (CUB), has been elevated to a "priority matter" for the Australian Competition and Consumer Commission, The Sydney Morning Herald reported on February 16.
A team is believed to have been assigned to explore allegations that Lion and CUB – which control more than 90 per cent of beer taps through brands such as Tooheys and VB – are using their dominance to edge out rival brewers from the A$2.5 billion draught beer market.
It doesn't get much bigger than beer, and even a whiff of an alleged breach of the law has put the regulator on high alert. In the past year it has been in contact with Lion and CUB.
Lion said it "can confirm it has co-operated fully with the ACCC in relation to its inquiries into the Australian draught beer market. However, it will be inappropriate for us to make further comment at this time."
ACCC chairman Rod Sims confirmed that the investigation into the wholesale supply of beer to pubs was continuing and "that it is a priority matter for us". He said he couldn't go into detail, except that "we are in contact with many
...More info on site
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EU: Euromalt and EBC report breakthrough in the research on gushing
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Euromalt, the European malting industry Association and the European Brewery Convention (EBC), the technical and scientific arm within The Brewers of Europe, have reached an important breakthrough in the research on gushing: in a joint research project with the German Research and Teaching Institute for Brewing in Berlin (VLB), a potential method to predict the gushing potential of malt and beer samples was identified, Euromalt reported on February 9.
Gushing in beer refers to the phenomenon of uncontrolled evolution of foam or beer from a bottle that is not caused by movement or temperature. The exact reasons causing this physical reaction remain largely circumstantial at this point.
In 2012, European maltsters and brewers decided to join forces to further research this common interest. In a tender process, VLB was awarded the contract with a total budget of € 260.000 which was equally shared by both associations to carry out the research project aimed at the identification of gushing-inducing factors.
Over a period of two years, more than 200 commercial malt samples of the 2011, 2012 and 2013 harvest were collected from European maltings and breweries.
A brewing scheme for the highly reproducible production of gushing positive and gushing negative beers at laboratory scale
...More info on site
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Mozambique: Cassava production for beer to get larger scale in Mozambique’s Inhambane province
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The Dutch Agricultural Development & Trading Company (Dadtco) plans to sign an agreement with the International Fertiliser Development Centre (IFDC) aimed at large-scale production of cassava in Mozambique’s Inhambane province, according to daily newspaper Notícias.
The ceremony will take place at the Dadtco factory, established in 2002 to foster the development of the agricultural sector and marketing of agricultural products. The signing of the agreement will be the high point of the ceremony to celebrate the successful conclusion of the sale of cassava.
Dadtco, in partnership with IFDC, since 2001 has processed cassava produced by small Mozambican farmers into cassava cake, a product that is used by Cervejas de Moçambique to produce beer.
Impala beer is one of the most popular beers in Mozambique and its success required cassava cake production to double in the second half of 2014.
Currently, Dadtco gets cassava from 6,000 small farmers in Nampula and Inhambane, which injects 1 million meticais a month into the local economy.
In 2012 the IFDC, through government funding from the Netherlands, created a public-private partnership to support small cassava farmers, with the distribution of improved cassava planting material from the Mozambique Agrarian Research Institute and training of farmers in improved practices.
At first, the partnership
...More info on site
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Barley News
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Australia: Barley production down 18% in 2014-15
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Canada’s barley production is estimated to have fallen by 18 per cent to 8 million tonnes in 2014-15, ABARES said in its February report.
In
...More info on site
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Russia & Ukraine: Russia’s barley crop estimated at 19.5 mln tonnes, Ukraine’s at up to 9.4 mln tonnes
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The IGC estimate for Russia’s total grains crop this year is 101.6 mln tonnes, the estimate for barley is 19.5 mln tonnes.
The government
...More info on site
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