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Flash Summary
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E-Malt.com Flash 27b
July 02 - July 05, 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 03, 2015 |
Base Currency: US Dollar
on July 03, 2015 |
| |
1 EUR = 1.1066 USD
1 EUR = 0.7103 GBP
1 EUR = 1.3963 CAD
1 EUR = 1.4573 AUD
1 EUR = 136.8200 JPY
1 EUR = 3.4850 BRL
1 EUR = 61.5661 RUB
1 EUR = 6.8659 CNY
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1 USD = 0.9031 EUR
1 USD = 0.6407 GBP
1 USD = 1.2583 CAD
1 USD = 1.3105 AUD
1 USD = 123.2800 JPY
1 USD = 3.1320 BRL
1 USD = 55.5723 RUB
1 USD = 6.0882 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 03, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
217.00-219.00 |  5.83% |
| 6rw Barley |
188.00-190.00 | 3.85% |
| 2rs Malt |
416.50-418.50 | 3.67% |
| 6rw Malt |
380.50-382.50 | 2.31% |
| Feed Barley |
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.
World: Malt production slightly up in the UK and France as of the end of March
...Click here
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UK: Barley and wheat usage for brewing, malting, distilling down in May and June-May 2014/15 this year
...Click here
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EU: Boortmalt Group achieves ISO 50001 (energy management) certification for 10 of its malting plants in the EU
...Click here
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The Czech Republic: Budějovický Budvar’s profit falls, output up 2.5% to record level in 2014
...Click here
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India: United Breweries expects super premium beer brands contribution to sales and value to increase in the next five years
...Click here
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EU: Barley production forecast to total 56.679 mln tonnes this year
...Click here
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World: Analysts expect to see how much barley Mideastern and North African countries will purchase to give a more exact estimate of world trade
...Click here
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Canada & USA: Barley crop may reach 9 mln tonnes in Canada and 4.2 mln in the US
...Click here
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USA: MillerCoors LLC makes changes to sell more beer
...Click here
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Zambia: SABMiller’s National Breweries to expand in coming months
...Click here
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Australia: Carlton & United Breweries announce extension of its Fat Yak craft-style brand
...Click here
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USA: High-yielding barley variety developed in Europe may fill critical need for the growing US craft beer industry
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 July
1889 - To regulate commercial trusts and monopolies, Congress passes the Sherman Antitrust Act, which outlaws any "combination or conspiracy in restraint of trade"
1921 - 1st million dollar gate ($1.7m) boxing match (Dempsey KOs Carpentier)
1957 - 1st submarine designed to fire guided missiles launched, Grayback
03 July
1790 - In Paris, the marquis of Condorcet proposed granting civil rights to women
1878 - John Wise flew the first dirigible in Lancaster, PA
1886 - 1st New York Tribune printing using 1st commercial linotype machine
1886 - In Germany, Karl Benz drives 1st automobile
1903 - The first cable across the Pacific Ocean was spliced between Honolulu, Midway, Guam and Manila
1928 - 1st color TV broadcast in London (John Logic Baird)
04 July
1776 - - The U.S. declared independence from Great Britain
1876 - 1st public exhibition of electric light in SF
1884 - The Statue of Liberty was presented to the United States in Paris
1886 - 1st scheduled transcontinental passenger train reaches Pt Moody, BC
1952 - Canadain Currency, Mint and Exchange Fund Act allows gold coins of $5, $10, and $20 to be minted
1997 - NASA's Pathfinder space probe lands on the surface of Mars
05 July
1643 - 1st recorded tornado in U.S. (Essex County, Massachusetts)
1841 - Thomas Cook opens 1st travel agency
1922 - 1st general election in Netherlands
1948 - The British government adopts the National Health Service Act
1954 - The BBC broadcasts its first television news bulletin
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
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Malt News
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World: Malt production slightly up in the UK and France as of the end of March
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End of March malt production in the U.K. was 1% up from last year, in France up 0.6%, both countries are working at full
...More info on site
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UK: Barley and wheat usage for brewing, malting, distilling down in May and June-May 2014/15 this year
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Barley used for brewing, malting and distilling in the United Kingdom in May 2015 was down 6.3% against May 2014 (to 156 thousand tonnes)
...More info on site
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EU: Boortmalt Group achieves ISO 50001 (energy management) certification for 10 of its malting plants in the EU
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Boortmalt Group, a subsidiary of French agri-cooperative Axéréal and leading provider of malt for the beer and the distilling industry, announced on July 3
...More info on site
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Brewery News
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Brazil: Beer production keeps falling
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Brazil’s beer production dropped by 7.22% in June this year as compared to the same month a year ago, preliminary data by Sicobe showed.
Last
...More info on site
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The Czech Republic: Budějovický Budvar’s profit falls, output up 2.5% to record level in 2014
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Budějovický Budvar’s profit fell by 18.44 million Kč to 307.399 million Kč last year, output increased by 2.5 percent to a record 1,457,782 hectolitres
...More info on site
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India: United Breweries expects super premium beer brands contribution to sales and value to increase in the next five years
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India’s liquor firm United Breweries Ltd (UBL) expects its super premium beer brands to contribute 15 per cent to its total sales by volume
...More info on site
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USA: MillerCoors LLC makes changes to sell more beer
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MillerCoors LLC has replaced its chief marketing officer and chief of sales in an attempt to sell more Miller Lite, Redd’s Apple Ale and its other brands after five years of decline reduced its annual sales by seven million barrels, Milwaukee Business Journal reported on July 2.
The record profits and net revenue since SABMiller PLC and Molson Coors Brewing Co. formed the joint venture in 2009 were not enough for Gavin Hattersley, the interim CEO who moved from Molson Coors Brewing Co. in May.
“Those financial returns are certainly one indicator of success, but in today’s world, we can’t get by on financial returns alone,” Hattesley said in a release. “We must optimize our brand portfolio and take action to get Molson Coors Brewing Co. back to total volume growth.”
The action will be led by David Kroll, who moves up to replace Andy England as chief marketing officer, responsible for shaping the sales pitch for Miller High Life, Coors Light and Leinenkugel’s Summer Shandy. England was the joint venture's first marketing officer, hired seven years ago.
Kroll previously served as the Molson Coors Brewing Co.’s vice president of innovation and led the commercial operations for Dyson Ltd. before joining the brewing company.
Kevin
...More info on site
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Zambia: SABMiller’s National Breweries to expand in coming months
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National Breweries Plc is set to expand in coming months after the commission last year of its new state-of-the-art production plant in Lusaka, Zambia. The company is notable for producing Chikubu, a popular traditional beer, African Business Review reported on July 1.
The company has recently increased operational and capital focus on improving efficiencies and product quality, as well as capability enhancements. This has been achieved through the construction of a K200 million state-of-the-art brewery and packaging line in Lusaka.
Managing Director Annabelle Degroot noted the success of these improvements, but also emphasised that challenges remain for the brewer. She said: “The big competition is from formal companies who are well established breweries and who are delivering bulk opaque beer very blatantly in front of the authorities. We are engaging local councils on the issue and we are looking at what other avenues are available to take action and encourage the authorities to enforce the regulations.”
She also noted that consumers are facing a decline in disposable income due to unfavourable economic conditions, and as a result were turning to cheaper illicit bulk offerings.
National Breweries plc, alongside sister companies Zambian Breweries Plc and Heinrich’s Syndicate, is part of the SABMiller Group, one
...More info on site
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Australia: Carlton & United Breweries announce extension of its Fat Yak craft-style brand
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SABMiller’s Australian unit Carlton & United Breweries (CUB) has announced the first extension of its successful Fat Yak brand and in doing so has flagged a major shift in its strategy around craft beer, Australian Brews News reported on July 3.
Lazy Yak is an Australian Pale Ale weighing in at 4.2 per cent alcohol by volume and made with Nelson Sauvin, Citra and Cascade hops. It will be an all-malt beer and carry 15 IBUs, around the same level of bitterness as most mainstream lagers on the market and 10 IBUs shy of its brand mate, Fat Yak.
Fat Yak was launched under the Matilda Bay brand in 2008 and has been a runaway success for CUB. Despite a variety of attempts to create further brands with similarly quirky appeal through Matilda Bay, CUB has struggled to recapture the same lightning in a bottle. Fat Yak has proven to be such a strong brand for Matilda Bay it has come to dramatically overshadow its parent.
National campaigns aimed at reflecting some of the gloss off Fat Yak back onto Matilda Bay have largely failed, leading to the current move to create a stand-alone brand franchise on the successful Yak name.
The focus on
...More info on site
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Barley News
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EU: Barley production forecast to total 56.679 mln tonnes this year
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The EU-28 barley production is forecast to reach 56.679 mln tonnes this year vs. 60.188 mln in 2014, Coceral said in its June report.
Output
...More info on site
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World: Analysts expect to see how much barley Mideastern and North African countries will purchase to give a more exact estimate of world trade
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It still remains to be seen, how much barley must be purchased by the Mideastern and North African countries, H. M. Gauger GmbH reported
...More info on site
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Canada & USA: Barley crop may reach 9 mln tonnes in Canada and 4.2 mln in the US
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In August/April 2014/15, Canada exported 1 mln tons of barley from crop 2014, of which 650,000 tons to China, but only 160,000 tons across
...More info on site
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USA: High-yielding barley variety developed in Europe may fill critical need for the growing US craft beer industry
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Limagrain Cereal Seeds officials say a high-yielding irrigated barley variety developed in Europe has performed well in Pacific Northwest trials and should fill a critical need for the growing U.S. craft brewing industry, Capital Press reported on July 2.
Bred by Limagrain U.K., Genie has the attributes craft brewers desire but have trouble finding, given that most U.S. malts were developed for the American lagers that dominate the market.
Mass-produced American lagers typically use sugar from secondary sources, such as corn or rice, called adjunct brewing, requiring different malt specifications.
Limagrain Chief Operating Officer Frank Curtis said a few hundred acres of Genie are being raised in Idaho and Washington, both for seed and commercial malting, and 120 acres were planted in Colorado. Curtis said a small malting company in Fort Collins, Colo., has contracted for some Genie, and Great Western Malting Co. has also been evaluating Genie.
“We are hoping to go to several thousand acres of malt production next year,” Curtis said.
Most large, U.S. brewing companies require malt high in free amino nitrogen, providing the energy to ferment supplemental corn or rice sugars.
In all-grain craft brewing, however, residual FAN contributes to undesirable flavors. In addition to having lower FAN, Genie has high
...More info on site
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