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Flash Summary
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E-Malt.com Flash 30a
July 20 - July 22, 2015
Quote of the Week
Success is how high you bounce after you hit bottom.
General George Patton
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Currency Rates
Base Currency: Euro
on July 22, 2015 |
Base Currency: US Dollar
on July 22, 2015 |
| |
1 EUR = 1.0867 USD
1 EUR = 0.6987 GBP
1 EUR = 1.4118 CAD
1 EUR = 1.4746 AUD
1 EUR = 135.1700 JPY
1 EUR = 3.4680 BRL
1 EUR = 61.7622 RUB
1 EUR = 6.7479 CNY
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1 USD = 0.9201 EUR
1 USD = 0.6426 GBP
1 USD = 1.2980 CAD
1 USD = 1.3537 AUD
1 USD = 124.2200 JPY
1 USD = 3.1860 BRL
1 USD = 56.9089 RUB
1 USD = 6.0847 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 22, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
201.00-203.00 |  2.42% |
| 6rw Barley |
184.00-186.00 | 1.07% |
| 2rs Malt |
396.50-398.50 | 1.52% |
| 6rw Malt |
375.50-377.50 | 0.65% |
| Feed Barley |
174.00-176.00 | 1.13% |
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.
UK: Bairds Malt revenue declines due to continuing downward trend in beer consumption
...Click here
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World: Global beer output falls by 11.8 mln hl in 2014
...Click here
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UK: Beer sales value increases in 2014 thanks to popularity of craft beer
...Click here
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Canada: Craft beer category sees major growth across Canada
...Click here
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China: Barley imports in July-May 2014/15 amount to 7.376 mln tonnes
...Click here
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Canada: Barley production to decline in 2015-16 to all-time record low of 6.9 mln tonnes
...Click here
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Germany: Winter barley crop seen lower this year, spring barley compares to 2014
...Click here
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France & Germany: Vivescia agrees to purchase malting barley trader Interbrau GmbH
...Click here
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World: SABMiller could attract larger AB InBev bid if it sells its stake in MillerCoors - analysts
...Click here
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Russia & Belarus: Baltika Breweries to buy almost 27 thousand tonnes of Belarusian malt this year
...Click here
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Belgium & USA: Breweries Duvel Moortgat and Firestone Walker Brewing Co. to combine operations
...Click here
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New Zealand & Brazil: New Zealand’s craft brewer Moa celebrating increase in shipments to Brazil
...Click here
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China: Heineken UK’s marketing director promoted to the post of managing director of Heineken China
...Click here
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World: SABMiller working on PET bottle that can increase beer shelf life
...Click here
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Graph of the week
Table of the week
Russia Barley Supply & Demand
Prices Evolution
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
20 July
1837 - Opening of London's first major railway station - at Euston
1868 - 1st use of tax stamps on cigarettes
1903 - The Ford Motor Company ships its first car
1992 - Charles Schwab opens its "mutual fund supermarket," allowing investors to choose from hundreds of different funds without paying transaction fees, as it introduces its OneSource program
21 July
1955 - Ian Donald made his first investigation of the use of ultrasound in medical diagnosis
1969 - Astronaut Neil A. Armstrong was the first man to walk on the Moon
2011 - NASA's Space Shuttle program
22 July
1872 - Mahlon Loomis patents wireless radio
1961 - 1st in-flight movie shown, TWA
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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UK: Bairds Malt revenue declines due to continuing downward trend in beer consumption
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The "continuing downward trend in beer consumption" in the UK and Europe has contributed to a fall in revenues at Essex-headquartered Bairds Malt, Insider
...More info on site
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Russia & Belarus: Baltika Breweries to buy almost 27 thousand tonnes of Belarusian malt this year
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Russia’s Baltika Breweries intends to purchase almost 27 thousand tonnes of Belarus-made malt, naviny.by reported on July 21.
Last year, the largest Russian beer maker
...More info on site
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Brewery News
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World: Global beer output falls by 11.8 mln hl in 2014
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Beer production in 2014 fell by 11.8 mln hl, or -0.6 %, worldwide compared with output volume in 2013. This result was influenced by
...More info on site
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UK: Beer sales value increases in 2014 thanks to popularity of craft beer
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The success of the craft beer industry in the U.S. is starting to be repeated across the Atlantic, Bloomberg reported on July 21.
The value
...More info on site
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Canada: Craft beer category sees major growth across Canada
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When reaching for a cold one, more Canadians are turning to craft beers, a category that has seen major growth across the country, The
...More info on site
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World: SABMiller could attract larger AB InBev bid if it sells its stake in MillerCoors - analysts
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In the flurry of speculation over a possible acquisition of beer giant SABMiller by fellow brewing behemoth Anheuser-Busch InBev, many analysts assumed AB InBev would have to sell SABMiller’s stake in MillerCoors to make the deal palatable to regulators, St. Louis Business Journal posted on July 21.
But not if SABMiller beats them to the punch.
That idea was recently put forth by Harry Schuhmacher of Beer Business Daily. In a recent note, long time beverage industry analyst Caroline Levy of investment banking firm CLSA describes the idea of a pre-emptive sell-off of MillerCoors by SABMiller as “interesting” and writes that it could help the brewer negotiate a better price for itself if AB InBev ever does come calling with an offer.
SABMiller owns a 58 percent stake in MillerCoors, the second biggest beer player in the U.S. market. A tie up with AB InBev, owner of the Budweiser brands, would combine the two largest U.S. players, which is why common wisdom has held that SABMiller’s stake in MillerCoors would have to be sold.
But as Levy describes Schuhmacher’s thinking, if SABMillers sells its stake on its own, "it would have better leverage to negotiate an attractive price than in the forced sale that
...More info on site
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Belgium & USA: Breweries Duvel Moortgat and Firestone Walker Brewing Co. to combine operations
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Duvel Moortgat and Firestone Walker Brewing Co. will combine their U.S. operations, USA Today reported on July 17.
“Many breweries team up to make collaboration beers, but Duvel Moortgat and Firestone Walker Brewing are making a full-scale, long-term collaboration by combining, but not integrating their organizations,” Duvel Moortgat USA president Simon Thorpe said in a statement accompanying the announcement.
Paso Robles-based Firestone Walker Brewing will continue to make its own beers and operate independently under founders David Walker and Adam Firestone. The companies signed an agreement earlier this week and the transaction is expected to close later this year. Both firms are privately-owned; no financial details were disclosed.
"The Firestone Walker Brewing and Duvel Moortgat families have combined forces to broaden their capacity and scope as brewers," said Duvel Moortgat and Firestone Walker Brewing in a joint statement. "Long admirers of each other's beers, culture and breweries, the two teams saw the perfect fit for an alliance. The partnership will allow Firestone Walker Brewing to develop our capacity across the US in a conservative and thoughtful way by consummating a lifelong tie with this family-owned international craft brewer, who continues their commitment to participating in the American Craft Revolution."
This is the latest in
...More info on site
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USA & UK: Alltech purchases two UK brewers
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Alltech, the Nicholasville, Kentucky-based global nutritional giant, announced on July 16 a major expansion of its brewery division into the European market, Business Lexington reported.
The company said it had purchased The Station Works Brewery in Newry, County Down, Northern Ireland, and Cumberland Breweries Ltd. in Great Corby, Cumbria, England. Officials said it is the first major expansion of Alltech’s brewing division outside the U.S.
“We want to be one of the top 50 craft brewers in the world,” Alltech founder and CEO Pease Lyons, who was born in Ireland, said in a statement announcing the acquisitions.
Alltech’s main business is related to animal nutrition and, increasingly, farm and livestock management. But the company has leveraged the company’s bedrock knowledge and expertise working with yeast, a main component of its feed products, into a leading role in the burgeoning craft brewing and distilling scenes.
Alltech produces a variety of beer and spirits, including Kentucky Bourbon Barrel Ale and Town Branch Bourbon. With the new purchases come several new labels, including Finn Lager and Foxes Rock Ale.
“These new purchases will allow us to develop already established European brands while at the same time introducing our Kentucky Ale range to new markets,” said Lyons.
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India: A brief outlook of India’s craft breweries
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India's first microbrewery, Doolally, opened in Pune in 2009. In its wake, it brought a slew of small-scale Indian craft beers to Mumbai, Bangalore and Gurgaon; everything from the traditional stout, IPA, porter etc. to more unusual varieties. And although the craft beer industry is still rather nascent, there's already a barrage of microbreweries offering the perfect quaff, NDTV Food reported on July 20.
Thirsty Mumbai residents were long used to making the drive to Pune for a taste of Doolally's craft beer. No more. In the last two years, a flood of microbreweries have contributed to raising the city's spirits, the very first one being The Barking Deer, a brewpub that launched in 2015 in Lower Parel. The first taste of craft beer this city had was the Barking Deer's robust India Pale Ale; the more gentle-flavoured wheat beer, Bombay Blonde; and the broodier, heavier Flying Pig Belgian Wit. Their long list of other beers from around the world is equally compelling.
Not very far away from it, The White Owl's microbrewery serves up its own home brews – the caramel-flavoured, light Diablo; Halcyon, a wheat beer; the robust Shadow; and the boldest, bitterest brew, an American Pale Ale called Torpedo.
...More info on site
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New Zealand & Brazil: New Zealand’s craft brewer Moa celebrating increase in shipments to Brazil
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A former AC Milan footballer is helping Brazil become a major growth market for New Zealand craft beer brewer Moa, Stuff.co.nz reported on July 19.
Moa has traditionally focused on New Zealand, Australia, the United States and Asian markets but Brazil has become a star performer for New Zealand's only NZX-listed brewer.
Moa chief executive Geoff Ross said so far seven shipping containers carrying 200,000 bottles of Moa have been exported to Brazil.
Moa's first exported to Brazil in 2012 but demand was now gathering pace with four containers sent since May.
And the firm can thank former AC Milan footballer Marconi Albuquerque for the sales growth in what is South America's most populous country.
Albuquerque's company, Oceania Group, acts as the Brazilian distributor for Moa.
"He's hiring some young sales guys to hit the streets and he's getting some good wins," Ross said.
Ross said Albuquerque was well connected and well funded.
It was almost bemusing when the first container was sent to Brazil, he said.
"But when it turned into seven containers it got our attention and we realized it was a proper distribution relationship."
Moa had granted Albuquerque the rights to trade as Moa Brazil giving him greater credibility when selling to customers, Ross said.
Albuquerque said he
...More info on site
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China: Heineken UK’s marketing director promoted to the post of managing director of Heineken China
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Heineken has promoted UK marketing director Jacco van der Linden to the post of managing director of Heineken in China, Marketing Magazine reported on July 17.
Van der Linden will take on his new role from mid-August. Heineken said that a successor to handle UK marketing would be announced in due course.
The Dutch national took up the UK marketing role in January 2012, having been marketing director and executive member of the board of directors at Heineken's Nigerian Breweries. He joined Heineken in 1999 and held various roles in sales and marketing.
David Forde, Heineken’s UK managing director, said: "We are delighted for Jacco and wish him well in this exciting new role.
"His appointment is a reflection of his achievements over the last three-and-a-half years, and contribution to the wider success of our UK business.
"Under his marketing leadership, Heineken has strengthened its UK cider and beer portfolios, significantly increased our innovation programme and transformed our customer marketing organisation."
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World: SABMiller working on PET bottle that can increase beer shelf life
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Since September 2012, beer maker SABMiller has engaged with Trinity College Dublin to pursue research on a new type of PET bottle that can increase the shelf life of beer and keep it ‘fresh’, CCFGroup.com reported on July 21.
Although the technology is being developed, the brewer believes commercialization will take another five years.
Further, the brewer has also roped in CRANN – a nanoscience institute at the university to develop a new nanomaterial. The nanomaterial can stop oxygen ingress and the escape of CO2 which can prolong the shelf life of beer in plastic bottles.
When this nanomaterial is added to plastic bottles, it makes them more impervious. This also aids in cost saving in terms of quantity of material required for manufacturing, and reduces the environmental impact of PET bottles.
PET bottles for beer has been well received by customers due to its ease of use, lightweight and reclosable.
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Barley News
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China: Barley imports in July-May 2014/15 amount to 7.376 mln tonnes
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China’s customs-clearance of barley in May was for 726,000 tons, the total of 11 months in 2014/15 now amounts to 7.376 mln tons, of
...More info on site
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Canada: Barley production to decline in 2015-16 to all-time record low of 6.9 mln tonnes
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For 2014-15, Canada’s barley exports are forecast to decrease slightly due to the decline in total barley supply, below normal quality and a strong
...More info on site
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Germany: Winter barley crop seen lower this year, spring barley compares to 2014
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DRV, the German Raiffeisen Association, expects a barley crop of 8.6 mln tons of winter barley, Coceral 8.2 mln tons, which is well below
...More info on site
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France & Germany: Vivescia agrees to purchase malting barley trader Interbrau GmbH
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The French Vivescia Group announced on July 16 it has entered into an agreement with the Swiss company Ameropa AG in view of acquiring its subsidiary Interbrau GmbH, based in Hamburg.
Interbrau is a world leader in international malting barley trading and logistics.
The agreement evidences the ambition of Vivescia — a cooperative group specialized in cereal grains — to play a major role in the barley value chain, internationally, and in particular to respond to growing demand on the part of its brewer and distiller customers.
The Managing Director of Vivescia, Alain Le Floch, recalls that malting barley trading is a growth market worldwide and that Europe, the largest barley producing and exporting region, is expected to grow in importance.
“Vivescia is among the major players in malting-barley origination in France and numbers among the world’s leaders in the malt industry. The acquisition of Interbrau would enable Vivescia to take advantage of the opening of barley markets internationally, increase its own malting barley production, and broaden its offering to its customers in the barley-malt-beer value chain.”
Alain Le Floch adds “The acquisition of Interbrau would open the possibility of promising synergies between barley trading and origination. Vivescia knows barley production and is familiar
...More info on site
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