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E-Malt.com Flash 27a June 29 - July 01, 2015
Quote of the Week
Sometimes when you innovate, you make mistakes. It is best to admit them quickly and get on with improving your other innovations.
Steve Jobs
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Currency Rates
Base Currency: Euro on July 01, 2015 |
Base Currency: US Dollar on July 01, 2015 |
|
1 EUR = 1.1189 USD
1 EUR = 0.7114 GBP
1 EUR = 1.3839 CAD
1 EUR = 1.4550 AUD
1 EUR = 137.0100 JPY
1 EUR = 3.4699 BRL
1 EUR = 62.3803 RUB
1 EUR = 6.9366 CNY
|
|
1 USD = 0.8943 EUR
1 USD = 0.6358 GBP
1 USD = 1.2425 CAD
1 USD = 1.3007 AUD
1 USD = 122.3600 JPY
1 USD = 3.1105 BRL
1 USD = 55.5713 RUB
1 USD = 6.0876 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
July 01, 2015 |
Type |
Crop 2014 |
Crop 2015 |
EUR |
% |
EUR |
% |
2rs Barley |
nq | |
205.00-207.00 | 4.57% |
6rw Barley |
nq | |
181.00-183.00 | 2.82% |
2rs Malt |
nq | |
401.50-403.50 | 2.83% |
6rw Malt |
nq | |
372.00-374.00 | 1.68% |
Feed Barley |
nq | |
181.00-183.00 | |
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.
Vietnam: Habeco defers Carlsberg’s move on increasing stake in the company
...Click here
|
USA: Constellation Brands report 15% jump in Q1 profit thanks to growth of its beer brands
...Click here
|
USA: Trends in US brewing industry not bringing cheers to large brewers’ hearts
...Click here
|
Myanmar: Carlsberg aims to win Myanmar consumers by taste and understanding their needs
...Click here
|
India: Spain’s Mahou San Miguel has big plans for the Indian market
...Click here
|
EU: EU Commission’s May S/D balance shows decline in expected barley production and export
...Click here
|
Argentina: Barley crop may reach 3 mln tonnes despite political uncertainty in Argentina
...Click here
|
USA: Corn and soybean prices surge in Chicago as USDA estimates smaller than expected plantings and stockpiles
...Click here
|
World: Beer prices index shows cheapest beer in Asia can be found in Delhi
...Click here
|
Nigeria: Sorghum malting plants investors worried by removal of embargo on barley malt and barley concentrates import
...Click here
|
USA: Briess Malting increasing barley storage capacity in Ralston, Wyoming
...Click here
|
Singapore: With new liquor laws limiting alcohol sales, retailers and coffee shops hope non-alcoholic beer might woo back customers
...Click here
|
Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
29 June 1200 - In China, sunglasses are invented 1881 - 1st international telephone conversation, Calais, ME-St. Stephen, NB 1979 - The Wall Street Journal boot Chrysler from the Dow Jones Industrial Average and replace it with IBM 2007 - Apple Inc. releases its first mobile phone, the iPhone
30 June 1893 - Harold/Joseph Laski is born, English economist/Labour leader 1896 - W. S. Hadaway patents electric stove
01 July 1875 - Universal Postal Union established 1916 - Coca-Cola brings current coke formula to the market
Agenda
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
09-12: Artbeerfest 2015 (Caminha, Portugal)
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
Brewery News
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Vietnam: Habeco defers Carlsberg’s move on increasing stake in the company
|
The Hanoi Beer, Alcohol and Beverage JSC (Habeco) appears to have deferred the move by its strategic partner Carlsberg Breweries A/S to increase stake
...More info on site
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USA: Constellation Brands report 15% jump in Q1 profit thanks to growth of its beer brands
|
Constellation Brands Inc. reported on July 1 a 15% jump in first-quarter profit, as the alcoholic-beverage maker’s Mexican beer segment continued to propel growth.
Separately
...More info on site
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India: Spain’s Mahou San Miguel has big plans for the Indian market
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The churn in the Indian beer market caused by the entry of premium foreign labels has just got an added fizz with Spanish beer
...More info on site
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USA: Trends in US brewing industry not bringing cheers to large brewers’ hearts
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While the U.S. is the 2nd largest beer market in the world by total national consumption, behind China, and the 14th largest beer drinking
...More info on site
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Myanmar: Carlsberg aims to win Myanmar consumers by taste and understanding their needs
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Carlsberg aims to make a splash in the Myanmar beer market with its new US$50 million brewery in Bago Region commissioned in March and
...More info on site
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World: Beer prices index shows cheapest beer in Asia can be found in Delhi
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The cheapest beer in Asia can apparently be found in Delhi and the most expensive in Hong Kong. A travel search engine focused on Europe, GoEuro, recently compiled an index of beer prices across 75 cities, including 12 in Asia (13, if Moscow is included). The index encompasses both supermarket and bar prices, basing supermarket prices on the average across five imports and one local brew and bar prices off the same beers served in three hotel chains. Far from comprehensive, the index is still interesting, given the surge in global beer consumption is driven by Asia (as well as Africa).
According to the 2014 annual Kirin Beer University Report worldwide beer consumption rose in 2013, the 28th year of consecutive growth. Asia consumed 4.8 percent more beer in 2013 than it did in 2012 and holds 34.8 percent of the global beer market. China, alone, holds a 24 percent share of the market, double that of the United States.
Overall, the cheapest spots (average between bar & supermarket) were, as can be expected, in Europe – Kraków, Kiev, and Bratislava topped the list – but Delhi came in fifth and Ho Chi Minh City in sixth. A beer at a bar
...More info on site
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Singapore: With new liquor laws limiting alcohol sales, retailers and coffee shops hope non-alcoholic beer might woo back customers
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With alcohol sales taking a hit lately due to new liquor laws in Singapore, some retailers and coffee shops are selling non-alcoholic beer in a bid to woo back customers, AsiaOne reported on June 29.
Convenience store chain 7-Eleven, for instance, has been selling Asahi Dry Zero to mitigate the loss in sales resulting from new rules banning retail sales of alcohol after 10.30pm. These took effect in April.
While Asahi Dry Zero has similar packaging to regular beers under the Japanese brand, it is a beer that contains no alcohol.
A few coffee shops at drinking hot spot Geylang - where the ban on retail sales of alcohol start from 7pm, like Little India - have also introduced alcohol-free beer.
Meanwhile, Asia Pacific Breweries (APB) Singapore, the distributor of Tiger Beer in Singapore, has been testing a similar product here - Tiger Maxx - since late last year.
These products are considered beer because they are usually made with the same basic ingredients - water, hops and malt - which go through a similar fermentation process, before the alcohol is removed.
Rene de Monchy, head of marketing at APB Singapore, said the non-alcoholic beer category is growing faster than the beer category.
He said: "We
...More info on site
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Barley News
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EU: EU Commission’s May S/D balance shows decline in expected barley production and export
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In its S/D balance of May 28, the EU Commission expects a barley crop of 59.5 mln tons (last year 60.2), domestic consumption of
...More info on site
|
Argentina: Barley crop may reach 3 mln tonnes despite political uncertainty in Argentina
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Argentina is in bad political shape, farmers wait for the autumn elections and hope for better and clearer agricultural policies, incl. a correction of
...More info on site
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France: Barley values increase on lack of rains
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French malting barley prices are up this week as the current spell of dry weather continues to raise worries about the quality of the
...More info on site
|
USA: Corn and soybean prices surge in Chicago as USDA estimates smaller than expected plantings and stockpiles
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Chicago corn and soybean prices surged to their highest levels in months after the US government estimated growers had planted less than analysts expected
...More info on site
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Nigeria: Sorghum malting plants investors worried by removal of embargo on barley malt and barley concentrates import
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Nigerian investors in sorghum malting plants are currently closing shops owing to removal of embargo on barley malt and barley concentrates used in brewing beer and malt drinks, which now attracts five percent import duty and are being imported to the detriment of sorghum-based malt extract and sorghum malting, Business Day reported on June 29.
The current waivers given to barley malt and barley concentrates imported in Nigeria from Europe, according to a section of investors and producers of sorghum malting and sorghum-based malt extract, mean that thousands of workers in the farming, processing and storage segments of the sorghum value-chain could lose jobs.
Speaking on the current economic challenges facing the industry as a result of the five percent waiver on imported barley malt and barley concentrates, Sudhansu Sinha, managing director, Food, Agro and Allied Industries Limited in Sango-Otta, Ogun state, said the waiver given to importers of brewing raw-materials would surely affect sorghum malting plants and the country’s economy.
Sinha disclosed that more than half of workforce in Food, Agro and Allied Industries Limited has been paid off and the plant shut down due to the waiver, saying that this has given leading brewers in the country the
...More info on site
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USA: Briess Malting increasing barley storage capacity in Ralston, Wyoming
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Barley storage capacity is increasing at the Briess malt barley facility just outside of Ralston, Wyoming with two new 750,000 bushel bins to increase total onsite storage to 3.8 million bushels, Powell Tribune reported on June 30.
Once the two new bins are completed, the site will have four 750,000-bushel bins on top of their original eight 100,000-bushel bins.
Before it was owned by Briess, the eight original bins were completed in 1993 and the first two larger bins were completed in 2008.
“All eight can fit into one of these new bins,” said Rick Redd, Regional manager for Wyoming Barley Operations.
During harvest, Briess will dump out 5,000 truckloads of barley and load out 500-600 railcars, he said.
“These two (new) bins will reduce the number of railcars and that will be a big help,” Redd said.
Instead of 22 or 23 trains, they will only need to send out eight since more can be stored on-site and the rest can be shipped later to either Minneapolis for storage, or Wisconsin for malting and roasting, he said.
Part of the reason Briess is expanding their storage is to secure a consistent supply of high quality barley for malting and roasting malts for brewing. In addition to
...More info on site
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