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Flash Summary
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E-Malt.com Flash 29b
July 16 - July 19, 2015
Quote of the Week
Beer will get you through times of no money better than money will get you through times of no beer.
Maureen Ogle
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Currency Rates
Base Currency: Euro
on July 17, 2015 |
Base Currency: US Dollar
on July 17, 2015 |
| |
1 EUR = 1.0867 USD
1 EUR = 0.6981 GBP
1 EUR = 1.4070 CAD
1 EUR = 1.4713 AUD
1 EUR = 134.9000 JPY
1 EUR = 3.4219 BRL
1 EUR = 62.1841 RUB
1 EUR = 6.7496 CNY
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1 USD = 0.9165 EUR
1 USD = 0.6403 GBP
1 USD = 1.2934 CAD
1 USD = 1.3530 AUD
1 USD = 123.9500 JPY
1 USD = 3.1369 BRL
1 USD = 56.8201 RUB
1 USD = 6.0896 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 17, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
206.00-208.00 |  1.90% |
| 6rw Barley |
186.00-188.00 | 0.53% |
| 2rs Malt |
402.50-404.50 | 1.20% |
| 6rw Malt |
378.00-380.00 | 0.32% |
| Feed Barley |
176.00-178.00 | 0.56% |
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.
Brazil: Ambev to invest more than R$400 mln in its Itapissuma brewery
...Click here
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Zimbabwe: SABMiller’s Delta Corp. says quarterly lager sales fell 8% as consumer spending wanes
...Click here
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Tanzania: Tanzania Breweries optimistic on growth prospects in the country
...Click here
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World: Barley crop expected at 136.2 mln tons, analysts forecast exceptionally tight balance
...Click here
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France: Heat wave most likely had split effect on barley crops - analysts
...Click here
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Spain: Grain crops reduced sharply by heat wave and lack of rain
...Click here
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Brazil: Ambev to pay $185 mln as fine for stifling competition
...Click here
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Ukraine: Rada reduces cost of wholesale licence for microbrewers to UAH 30,000
...Click here
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Namibia: SABMiller’s brewery in Okahandja officially opens on July 16
...Click here
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South Korea: Oriental Brewery outperforming Hite Jinro in beer exports
...Click here
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Graph of the week
Table of the week
US Beer Shipments by Largest Brewers and Beer Importers
Barley Prices
Theoretical Malt Prices
Scientific Digest
So what is the difference between seeded and unseeded hops?
ABSTRACT
Most of the hops available today are unseeded. However in the UK you will still find male hop plants in the hop gardens. Brewers would like to know if the presence of seeds in hops has an impact on brewing characteristics (for the good or bad). This German team of researchers have now found that neither foam characteristics nor the hop oil composition was affected in brewing trials comparing seeded and unseeded hops, but what proved to be different was the beta-glucosidase activity (higher with unseeded hops). This might eventually have an impact on the aroma development overtime with the release of bound aroma compounds in the finished beers.
Read more
Source: Barth Innovations
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These Days in Business History
16 July
1661 - 1st banknotes in Europe were issued by Bank of Stockholm
1935 - 1st automatic parking meter in US installed, Oklahoma City
17 July
1850 - Harvard Observatory takes 1st photograph of a star (Vega)
1899 - NEC Corporation is organized as the first Japanese joint venture with foreign capital
1931 - 1st air-conditioned ship (Mariposa) launched
1955 - Disneyland, Walt Disney's metropolis of nostalgia, fantasy, and futurism, opens
18 July
1743 - 1st half-page newspaper ad is published (New York Weekly Journal)
1955 - 1st electric power generated from atomic energy sold commercially
1968 - Robert Noyce and Gordon Moore establish N.M. Electronics Corp. to miniaturize electronic circuitry onto silicon chips. It soon changes its name to Intel Corp
19 July
1860 - 1st railroad reaches Kansas
1967 - 1st air conditioned New York City subway car (R-38 on the F line)
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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Brewery News
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Brazil: Ambev to invest more than R$400 mln in its Itapissuma brewery
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Ambev’s biggest brewery in the north and north-east of Brazil is about to become even bigger. The company is planning to invest more than
...More info on site
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Zimbabwe: SABMiller’s Delta Corp. says quarterly lager sales fell 8% as consumer spending wanes
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SABMiller's Zimbabwean unit Delta Corp. said on July 16 its quarterly lager sales were down 8 percent compared with the same period a year
...More info on site
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Tanzania: Tanzania Breweries optimistic on growth prospects in the country
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Tanzania Breweries Limited (TBL) is optimistic on its growth prospects in Tanzania as it banks on an expanding market and low per capita consumption
...More info on site
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Brazil: Ambev to pay $185 mln as fine for stifling competition
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The Brazilian unit of international brewing giant Anheuser-Busch InBev NV has settled its dispute over a fine of 352.7 million reais ($185 million) imposed by the Administrative Council for Economic Defense, or CADE, after its reseller loyalty program was found to stifle competition.
Ambev SA began challenging the 2009 fine, which was later lowered to 229.1 million reais, before the Brazilian judiciary but has now agreed to abide by the decision, CADE said in a statement on July 14.
The settlement puts an end to any lawsuits, tax foreclosures and other procedural issues related to CADE's investigation of the loyalty program, “ending [the] dispute which has dragged on for several years and would last for more than a decade,” Ambev said.
“It is a historical agreement for the defence of competition in Brazil, which enabled the fulfilment of CADE’s decision and will spill over to eventual judicial agreements,” CADE President Vinicius Marques de Carvalho said in a statement on July 14.
CADE said it based the size of the 2009 fine both on Ambev's large market share — it accounts for nearly 70 percent of Brazil's beer sales — and the program's aim to encourage resellers to make sure at least 90 percent
...More info on site
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Ukraine: Rada reduces cost of wholesale licence for microbrewers to UAH 30,000
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The Verkhovna Rada of Ukraine has adopted the draft law on amendments to some laws of Ukraine on the regulation of beer production and turnover which reduces the cost of a license for beer wholesale for micro-breweries from UAH 500,000 to UAH 30,000, Interfax-Ukraine reported on July 15.
All in all, 230 deputies voted for bill No. 2071-d. The bill will now be discussed in committees for second reading.
"I, having consulted with the members of the committee on taxation and customs policy, propose the following addition to bill No. 2971: to set the annual fee for a beer wholesale license for small beer producers, whose volume of own production and sales does not exceed 3,000 hectolitres per year, at UAH 30,000," the author of the bill, Petro Poroshenko nBloc MP Nina Yuzhanina, said at a parliament meeting.
According to her, draft law No. 2071-d kept the questions on the deregulation of the beer industry from government bill No. 2971. In particular, it foresaw the abolition of certification and conformity assessment of products and government regulation of minimum wholesale and retail prices.
The bill does not provide for excluding beer from the list of alcoholic drinks.
Bill No. 2071-d takes into account changes on beer
...More info on site
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Namibia: SABMiller’s brewery in Okahandja officially opens on July 16
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SABMiller Namibia’s brewery in Okahandja was officially opened on July 16 by the Hon. Immanuel Ngatjizeko, Namibian Minister of Industrialisation, Trade and SME Development, on behalf of Dr Nickey Iyambo, Vice President of the Republic of Namibia, Cape Business News reported.
Bottles of Carling Black Label first came off the packaging line at SABMiller’s inaugural Namibian brewery in September last year, marking a significant milestone for SABMiller Namibia, which previously imported all its beer from neighbouring South Africa.
Construction of the new US$33.3 mln, 260,000 hectolitre brewery began in mid-2013 and was completed in October 2014. The brewery is located on 7.2 hectares of land outside Okahandja city, 70km north of Windhoek. Besides supporting the local communities in which it operates, SABMiller is proud of the local job creation at the brewery by employing 184 direct jobs at the new plant and multiple indirect jobs elsewhere in the value chain.
SABMiller’s investments in Namibia, and more broadly across the continent, underline the company’s belief in the region and its ability to drive long-term growth in Africa. Its commitment in Namibia also aligns with the national government’s Vision 2030 of an industrial nation.
Also in attendance at the opening ceremony was Mr Otto Iipinge, Governor
...More info on site
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South Korea: Oriental Brewery outperforming Hite Jinro in beer exports
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Oriental Brewery (OB), Korea's largest brewer, has been outperforming rival Hite Jinro in exports as it makes the best use of the extensive global network of its parent, Anheuser-Busch InBev (AB InBev), according to industry officials.
OB's diverse product portfolio also has appealed more to consumers in more than 30 countries, boosting outbound shipments over the past few years.
For instance, the company's flagship brand Cass has been the best-selling beer in Mongolia, while its Hong Kong brand Blue Girl has captured the largest market share in the Chinese territory.
In contrast, Hite Jinro has seen beer exports decline over the years because sales in Japan have plummeted in the line with the yen's continued weakness. The stronger won has made Hite's beer and soju, distilled liquor, more expensive for Japanese consumers, sending sales in the brewer's largest foreign market plunging.
OB, headed by CEO Frederico Freire, said the brewer has been able to increase its overseas sales as Cass and other brands have received favorable reviews from consumers in more than 30 countries. Since exports exceeded $100 million in 2012, the amount has continued to climb, the company said.
"In 2012, our outbound shipments reached $100 million and we shipped more beer in 2013
...More info on site
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Barley News
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World: Barley crop expected at 136.2 mln tons, analysts forecast exceptionally tight balance
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The IGC forecast in June a world barley crop of 136.2 mln tons vs. 140.8 mln a year ago. Especially the EU, Russia, and
...More info on site
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France: Heat wave most likely had split effect on barley crops - analysts
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The end of June heat wave most likely will turn out to have had a split effect on barley crops, Gauger analysts believe.
Winter
...More info on site
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Spain: Grain crops reduced sharply by heat wave and lack of rain
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A heat wave and lack of rain in May/June, particularly in the largest grain production province of Castilla y Leon, has reduced grain crops
...More info on site
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