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Flash Summary
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E-Malt.com Flash 14b
April 02 - April 05, 2015
Quote of the Week
"Nothing ever tasted better than a cold beer on a beautiful afternoon with nothing to look forward to than more of the same."
Hugh Hood
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Currency Rates
Base Currency: Euro
on April 03, 2015 |
Base Currency: US Dollar
on April 03, 2015 |
| |
1 EUR = 1.0820 USD
1 EUR = 0.7296 GBP
1 EUR = 1.3634 CAD
1 EUR = 1.4273 AUD
1 EUR = 129.4700 JPY
1 EUR = 3.4117 BRL
1 EUR = 61.4108 RUB
1 EUR = 6.6004 CNY
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1 USD = 0.9241 EUR
1 USD = 0.6743 GBP
1 USD = 1.2601 CAD
1 USD = 1.3190 AUD
1 USD = 119.6500 JPY
1 USD = 3.1531 BRL
1 USD = 56.7552 RUB
1 USD = 6.1000 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 03, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
177.00-179.00 |  1.14% |
191.00-193.00 |  |
| 6rw Barley |
174.00-176.00 | 0.57% |
176.00-178.00 | |
| 2rs Malt |
370.50-372.50 | 0.67% |
384.50-386.50 | |
| 6rw Malt |
367.00-369.00 | 0.34% |
366.00-368.00 | |
| Feed Barley |
173.00-175.00 | 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.
Russia: Building of malting plant in Omsk region suspended on decline in demand for malt
...Click here
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Africa: Africa is the fastest-growing beer market in the world, expanding by 5% per year
...Click here
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Brazil: Beer production down in March and in Q1 this year
...Click here
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World: AB InBev might look to invest more in Asia soon - analysts
...Click here
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USA & India: Molson Coors Brewing gains control of India’s Mount Shivalik Breweries
...Click here
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South Africa: Diageo taking full control of sorghum beer company United National Breweries
...Click here
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USA: Cash markets for both malting and feed barley remain steady but it may change soon
...Click here
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Hungary: Beer sales up 2% last year owing to increase in demand for premium brands
...Click here
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Greece & China & Italy: Heineken’s Greek subsidiary starts exporting to China and Italy
...Click here
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Russia: Prime Minister asks for proposals on possible extension of wheat export tax
...Click here
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The Philippines: Ginebra San Miguel, Inc. sells over P200 mln in hard assets to San Miguel Brewery, Inc.
...Click here
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India: The state of Kerala may see beer shortage this summer
...Click here
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Graph of the week
Table of the week
EU Barley Supply and Distribution 2010 -2015f
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
My pleasure to measure..
ABSTRACT
A few more insights into understanding hop aroma were gained by these Belgian researchers who took 15 different hop varieties and carried out a set of comprehensive analyses. Not only were the hops analyzed, they were also used to produce different types of single hop variety beers with early hopping, late hopping and dry hopping. The hop varieties chosen were Cascade, Centenntial, Citra, Challenger, Cluster, Columbus, Galena, Magnum, Nugget, Palisade, Saaz, Simcoe, Sorachi Ace, Tettnanger and Warrior. The components measured were alcohols, saturated esters, unsaturated esters, monoterpene hydrocarbons, monoterpene alcohols, sesquiterpene hydrocarbons and oxygenated sesquiterpenes. Within these groups of compounds varietal differences were obvious. The total concentration of esters before fermentation is variety dependent, but fermentation changes the picture. Transfer rates were calculated for linalool and geraniol, and in the case of gerianol, it was discovered that it is formed from other compounds during the course of brewing. Missing are the tasting results that could connect the analysis results with sensory impressions, but perhaps there is more to follow.
Read more
Source: Barth Innovations
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These Days in Business History
02 April
1850 - City of Los Angeles incorporated
1875 - Walter P. Chrysler is born in Wamego, Kansas. He goes on to found the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co. in 1925 and to buy Dodge Brothers, Inc., in 1928
1911 - The Australian Bureau of Statistics conducts the country's first national census
1961 - The first patent for an integrated circuit is awarded to Fairchild Semiconductor’s Robert Noyce, who later co-founds Intel Corp. with Gordon Moore
03 April
1783 - Sweden and U.S. sign a treaty of Amity and Commerce
1885 - Gottlieb Daimler is granted a German patent for his engine design
1948 - The U.S. Congress passes (and Pres. Harry S. Truman immediately signs) the Marshall Plan to finance the reconstruction of Western Europe after the devastation of World War II--helping to keep Communism at bay and laying the groundwork for the global economic boom of the 1950s
1981 - The Osborne 1, the first successful portable computer, is unveiled at the West Coast Computer Faire in San Francisco
1994 - Netscape Communications founded as Mosaic Communications
2008 - ATA Airlines, once one of the ten largest U.S. passenger airlines and largest charter airline, files for bankruptcy for the second time in five years and ceases all operations
04 April
1460 - University of Basle in Switzerland forms
1818 - The United States Congress adopts the flag of the United States with 13 red and white stripes and one star for each state (then 20)
1828 - Casparus van Wooden patents chocolate milk powder (Amsterdam)
1949 - Twelve nations sign the North Atlantic Treaty creating the North Atlantic Treaty Organization
1975 - Microsoft is founded as a partnership between Bill Gates and Paul Allen in Albuquerque, New Mexico
1996 - AT&T Corp. spins off 112 million shares of Lucent Technologies Inc. at an initial price of $27 per share, raising $3.02 billion in what is, so far, the biggest IPO of all time
05 April
1768 - 1st U.S. Chamber of Commerce forms
1869 - Celluloid is patented
1886 - George Eastman places Kodak Camera on sale for 1st time
1926 - Varney Airlines makes its first commercial flight (Varney is the root company of United Airlines)
1957 - Greek shipping tycoon Aristotle Onassis buys the Hellenic National Airlines (TAE) and founds Olympic Airlines
Agenda
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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Russia: Building of malting plant in Omsk region suspended on decline in demand for malt
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Russian company Osnova Holding has suspended the construction of a malting plant in Zavodoukovsk, Omsk region (southwestern Siberia), company PR head Ksenia Nazarova was
...More info on site
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Brewery News
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Africa: Africa is the fastest-growing beer market in the world, expanding by 5% per year
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On March 31, Kenyan-based Keroche Breweries officially opened a $60 million brewery in the country, expanding the firm’s capacity tenfold. Its major competitor East
...More info on site
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Brazil: Beer production down in March and in Q1 this year
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Brazil’s beer output fell 7.2% in March as compared to the same month last year, Sicobe reported on April 1.
Last month, the nation’s beer
...More info on site
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World: AB InBev might look to invest more in Asia soon - analysts
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Anheuser-Busch InBev is the largest brewer in the world, and continues to get bigger with acquisitions of large breweries such as Grupo Modelo in
...More info on site
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USA & India: Molson Coors Brewing gains control of India’s Mount Shivalik Breweries
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US-based Molson Coors Brewing Company has acquired India’s Mount Shivalik Breweries, the maker of popular beer brand ‘Thunderbolt’, for an undisclosed amount, The Financial
...More info on site
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South Africa: Diageo taking full control of sorghum beer company United National Breweries
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Diageo is taking full control of the South African traditional sorghum beer company United National Breweries, The Guardian reported on April 2.
The world’s largest
...More info on site
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Hungary: Beer sales up 2% last year owing to increase in demand for premium brands
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Domestic sales of Hungarian breweries increased by 2% reaching 5.8 million hectolitres last year, Attila Schillinger, head of professional association MSSz, was quoted as saying by Budapest Business Journal on April 2.
Sales of premium beer climbed almost 23% and sales of the cheapest beer rose close to 6%, while sales of mid-range product dropped 4%.
The data are based on sales of Hungaryʼs top four breweries: Borsodi, Dreher, Heineken, and Pécsi. Including exports, their combined output reached 6.2 million hectolitres last year.
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Greece & China & Italy: Heineken’s Greek subsidiary starts exporting to China and Italy
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Athenian Brewery announced on April 2 it was launching Heineken beer exports to the Chinese and Italian markets, as the first batch set off on its long trip to the Far East, Kathimerini reported.
The beer for export will be produced at the brewery’s Patra plant, in an investment project amounting to 2 million euros. The decision was made in association with the parent company in Amsterdam and will boost employment in local communities as it involves the use of Greek raw materials.
“At first the new production line will be covered by existing employees, but this summer will see the gradual hiring of some seasonal workers,” Athenian Brewery’s managing director Zooullis Mina promised.
Plans provide for the production of 16 million litres of Heineken per year for the Chinese and Italian markets, which will require an extra 5,000 tons of barley.
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The Philippines: Ginebra San Miguel, Inc. sells over P200 mln in hard assets to San Miguel Brewery, Inc.
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Ginebra San Miguel, Inc. (GSMI) has sold over P200 million in hard assets - mainly those it uses for its non-alcoholic beverage business - to San Miguel Brewery, Inc. (SMB) for nearly P230 million, it told the stock exchange on April 1.
The liquor unit of San Miguel Corp. said it executed a deed of sale with SMB for the sale of property, plant and equipment used by GSMI in its non-alcoholic beverage business for P226.91 million, excluding value-added tax.
The assets consist of machinery and equipment, vehicles, coolers, chillers and other equipment at end-2014.
The transaction is in line with the move of the Philippine brewer to adopt a multi-beverage strategy through diversifying into non-alcoholic beverage.
In its consent solicitation to bondholders last January, SMB had said the non-alcoholic beverage category remains to have a larger share of consumption and is growing at a faster rate than the alcoholic category.
GSMI is the company behind the brands Ginebra, Antonov, Gran Matador, Don Enrique Mixkila, Vino Kulafu and Tondeña Manila Rum. It also sells non-alcoholic beverages under the Magnolia brand.
GSMI’s non-liquor units include San Miguel Beverages, Inc., which was bought from SMB in 2008, allowing the company to manufacture and distribute non-alcoholic beverage, according to
...More info on site
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India: The state of Kerala may see beer shortage this summer
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With bars shut and demand for 'strong' beer shooting up in the state, the Kerala State Beverages Corporation (KSBC) says it will not be able to meet requirements this summer, The Times of India reported on April 2.
The KSBC has placed an immediate order for 38 lakh cases of beer from beer companies but suppliers have only accepted orders for 22 lakh cases. Even with this, says KSBC managing director and excise commissioner Anil Xavier, they are likely to run short of 'strong' beer this summer.
"As the number of beer and wine parlours has increased in the last few months and with the advent of summer, the demand for beer has gone up. We do not have enough beer production in the state and we are placing orders outside. Even they cannot meet our demand as demand is high during summer in all states," Xavier said.
Currently, there are 499 beer and wine parlours in Kerala. With the Kerala high court upholding the state government's abkari policy, 300 bars have shut shop and many bar owners are likely to approach the excise department for beer and wine licences.
The KSBC has enough stock of light beer but is short of strong beer,
...More info on site
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Barley News
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USA: Cash markets for both malting and feed barley remain steady but it may change soon
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Cash markets for both malting and feed barley remain steady at this time in the US, but Roger Barnabe, the head of Seed-Ex, Inc.
...More info on site
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Russia: Prime Minister asks for proposals on possible extension of wheat export tax
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Russian Prime Minister Dmitry Medvedev has asked his ministers to submit proposals by mid-April on a possible extension of a wheat export tax from July 1, when the new 2015 to ‘16 marketing year is due to start, the government said on April 2.
Russia has imposed a duty on wheat exports since Feb. 1 in an effort to cool domestic food inflation as the rouble tumbled. The measure is set to expire on June 30, but traders have expressed concerns the tax could be extended.
Medvedev has asked the ministers for agriculture, the economy and finance, working with industry unions, to provide a justification for maintaining the duty beyond June 30, the government said on its website.
However, the head of a leading agriculture consultancy, SovEcon, said chances were high that the duty would be removed from July 1.
“This view is supported by signs of slowing inflation and by a good situation with crops and stocks in Russia’s south, in Krasnodar and Stavropol regions,” SovEcon’s Andrey Sizov said.
Russia’s economy has been hit by a drop in global oil prices and Western sanctions over Moscow’s role in the Ukraine crisis. Inflation reached a 13-year high in February but has barely risen since then,
...More info on site
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