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Flash Summary
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E-Malt.com Flash 32b
August 06 - August 09, 2015
Quote of the Week
Beer does not make itself properly by itself. It takes an element of mystery and of things that no one can understand.
Fritz Maytag
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Currency Rates
Base Currency: Euro
on August 07, 2015 |
Base Currency: US Dollar
on August 07, 2015 |
| |
1 EUR = 1.0885 USD
1 EUR = 0.7014 GBP
1 EUR = 1.4333 CAD
1 EUR = 1.4849 AUD
1 EUR = 135.9400 JPY
1 EUR = 3.8273 BRL
1 EUR = 69.6314 RUB
1 EUR = 6.7593 CNY
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1 USD = 0.9166 EUR
1 USD = 0.6421 GBP
1 USD = 1.3159 CAD
1 USD = 1.3624 AUD
1 USD = 124.7700 JPY
1 USD = 3.5029 BRL
1 USD = 63.7692 RUB
1 USD = 6.1997 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 07, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
192.00-194.00 |  0.52% |
| 6rw Barley |
169.00-171.00 | 1.16% |
| 2rs Malt |
385.50-387.50 | 0.32% |
| 6rw Malt |
357.00-359.00 | 0.68% |
| Feed Barley |
163.00-165.00 | 1.20% |
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: Barley usage for malting, brewing, and distilling declines in crop year 2014/15
...Click here
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Canada & USA: Molson Coors Brewing’s second-quarter profit better than expected
...Click here
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Singapore & Myanmar: Fraser & Neave agrees to sell controlling stake in Myanmar’s biggest brewery
...Click here
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China: AB InBev’s premium and super-premium strategy paying off
...Click here
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Japan: Asahi Group’s net income up 103.9% in H1 2015
...Click here
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Japan: Kirin Holdings reports increase in first-half net income, sales
...Click here
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Australia & New Zealand: Lion’s market share and beer volumes grow in New Zealand, Australian business falls in line with total market downturn
...Click here
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Chile & Argentina & Uruguay & Paraguay: CCU’s second-quarter volumes up 8.6%
...Click here
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Belgium & China: China becomes Asia’s largest consumer of Belgian beers
...Click here
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Germany: BayWa buys trader Evergrain to expand international malting barley business
...Click here
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World: Beers with ABV of 6.5% or higher gaining global popularity - research
...Click here
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Cameroon: Beer consumption registers 4.9% increase last year
...Click here
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New Zealand: DB to lay nearly two-thirds of workers and reduce capacity at iconic Tui Brewery
...Click here
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Graph of the week
Table of the week
The 40 Largest Breweries Worldwide in 2014
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
06 August
1661 - Holland sells Brazil to Portugal for 8 million guilders
1945 - Hiroshima Peace Day-atom bomb dropped on Hiroshima by "Enola Gay"
1990 - UN Security Council votes 13-0 (2 abstentions Cuba & Yemen) to place economic sanctions against Iraq
07 August
1888 - Theophilus Van Kannel of Philadelphia patents revolving door
1928 - The dollar shrinks, literally: the US Treasury unveiled a new version of the note that was one third smaller than its predecessor
1955 - Tokyo Telecommunications Engineering, the precursor to Sony, sells its first transistor radios in Japan
1959 - Explorer 6 transmits 1st TV photo of Earth from space
08 August
1709 - known ascent in hot-air balloon, Bartolomeu de Gusmao (indoors)
1876 - Thomas Edison patents mimeograph (stencil duplicator or the printing machine)
1876 - Thomas Edison receives a patent for his mimeograph
1896 - The Dow Jones Industrial Average, less than three months old, hits the lowest level ever recorded: 28.48, down 30.5% in just ten weeks
09 August
1874 - Harry S Parmelee patents sprinkler head
1945 - US drops 2nd atomic bomb "Fat Man" on Japan destroys part of Nagasaki
1976 - USSR launches Luna 24, last Lunar flight to date from Earth
Agenda
August 2015:
07-09: 19th International Berlin Beer Festival (Berlin, Germany)
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
06: Craft Bier Festival 2015 (Rapperswil, Switzerland)
06-08: Belgian Brewing Conference 2015 (Leuven, Belgium)
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Great American Beer Festival 2015 (Denver, USA)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
More events are available on site e-malt.com
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Malt News
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UK: Barley usage for malting, brewing, and distilling declines in crop year 2014/15
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UK’s brewers, maltsters and distillers used 157 thousand tonnes of barley in June 2015, down 4.3% on June 2014, Defra reported on August 6.
In
...More info on site
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Brewery News
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Canada & USA: Molson Coors Brewing’s second-quarter profit better than expected
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Molson Coors Brewing Co reported this week a better-than-expected quarterly profit, helped by higher pricing and increasing demand for its higher-margin beers, and the
...More info on site
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USA: MillerCoors reports increase in Q2 net income
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MillerCoors, a joint venture between Molson Coors Brewing Co. and SABMiller Plc., reported that its net income attributable to the company for the second-quarter
...More info on site
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Singapore & Myanmar: Fraser & Neave agrees to sell controlling stake in Myanmar’s biggest brewery
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Singapore’s Fraser & Neave has agreed to sell its controlling stake in Myanmar’s biggest brewery to a Myanmar government-linked group for $560 mln, ending
...More info on site
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China: AB InBev’s premium and super-premium strategy paying off
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AB InBev says its premium and super-premium strategy in China is paying off, with the brewing giant building the category to meet ‘pent up
...More info on site
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Japan: Asahi Group’s net income up 103.9% in H1 2015
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Japan’s Asahi Group reported on August 5 a first-half net sales increase of 5.6% to 856.824 bln yen. The company’s operating income increased 8.3%
...More info on site
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Japan: Kirin Holdings reports increase in first-half net income, sales
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Japan’s Kirin Holdings reported on August 5 a 1.3% rise in first-half sales to 1.07 trillion yen vs. 1.06 trillion during the first six
...More info on site
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Australia & New Zealand: Lion’s market share and beer volumes grow in New Zealand, Australian business falls in line with total market downturn
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Increased promotional activity has seen Lion gain market share and grow beer, wine and spirits volumes in New Zealand by 1.3 per cent, despite
...More info on site
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Chile & Argentina & Uruguay & Paraguay: CCU’s second-quarter volumes up 8.6%
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Chile’s leading beer maker CCU announced on August 4 its consolidated financial results for the second quarter ended June 30, 2015.
The company’s consolidated volumes
...More info on site
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Belgium & China: China becomes Asia’s largest consumer of Belgian beers
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China imported more Belgian beers than Japan in 2014, becoming Asia's largest consumer of Belgian beers, the president of the Federation of Belgian Brewers,
...More info on site
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Ireland: Beer industry employment up 8% last year
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The Irish Brewers Association (IBA), the representative voice for the brewing industry in Ireland, on August 6 released its Annual Market Report, which shows
...More info on site
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World: Beers with ABV of 6.5% or higher gaining global popularity - research
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A new research from Mintel finds that almost one in four (23%) beers launched globally in 2014 (and 25% in 2013) had an ABV of 6.5% or higher, up from just one in seven (15%) beers launched in 2012.
What’s more, largely due to the growth of craft beers, Mintel’s research finds that between 2011 and 2014, the number of beers launched globally with an ABV of 6.5% or more rose by 280%, with the number launched in North America growing by 319%, in Europe by 307%, in Latin America by 260% and in Asia Pacific by 46%.
According to The Craft Effect, Mintel’s new report, between 2011 and 2014, North America witnessed the most beer launches in the world with ABVs of 6.5% or higher at 46%, closely followed by Europe which hosted 40% of launches.
“More global beer drinkers now view high ABV as a key quality indicator, inspired by the success of craft beer in the US – and increasingly globally over the past two years,” commented Jonny Forsyth, Global Drinks Analyst at Mintel, “While in certain countries, drinking strong beer has long been the cultural norm, they were previously the exception rather than the rule. The craft beer phenomenon
...More info on site
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Cameroon: Beer consumption registers 4.9% increase last year
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More than 620 million litres of beer was consumed in Cameroon in 2014, recording an increase of 4.9% from 2013, Cameroon Concord reported on August 7.
Beer remains the most popular alcoholic beverage consumed in Cameroon. The dizzying proliferation of taverns and bars is sufficient to indicate that the brewing industry controlled by three companies is flourishing. The beer parlours cluster together despite government legislation which provides for a distance of about 500 meters between two outlets.
Despite a recent order from the Ministry of Finance increasing the prices of alcoholic beverages, the consumption of beer still remains at its greatest high.
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New Zealand: DB to lay nearly two-thirds of workers and reduce capacity at iconic Tui Brewery
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Staff at DB's iconic Tui Brewery in Mangatainoka in the Tararua District of New Zealand's North Island are in shock after learning that nearly two-thirds of them, including two workers who have been there more than 40 years, may lose their jobs, NBR reported on August 6.
DB, owned by Dutch-based Heineken, entered a consultation process this week with the 37 staff on a proposal to spend NZ$4-5 million replacing the brewery with a much smaller capacity one. It will also undertake earthquake strengthening of the historic seven-storey Tui brew tower, no longer in use, which was built in 1931 so brewers could use gravity to turn malt into beer.
If the proposed redevelopment goes ahead, up to 13 fulltime and 11 part-time jobs would go, although DB said in a statement the exact numbers won't be finalised until staff provide feedback and the consultation is concluded next week. Any changes won't take effect until May next year.
DB won't say how much smaller the new brewery would be or what had sparked the proposal. The Tui brewery HQ tours, which currently attract 40,000 visitors a year, will continue.
Engineering Printing and Manufacturing Union organiser Ruth Sproston said staff had been expecting some job
...More info on site
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Barley News
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Germany: BayWa buys trader Evergrain to expand international malting barley business
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Leading German agricultural trading group BayWa AG said on August 5 it was buying German barley trader Evergrain to expand its international malting barley business.
The takeover, still needing competition approval, should enable BayWa's malting barley trading volume to exceed 1 million tonnes in coming years, the company said.
Hamburg-based Evergrain sources malting barley, used for beer and malt production, from Western Europe, Argentina and Australia and serves brewing and malt industry customers in Europe, Asia and South America, BayWa said.
BayWa's agricultural business was traditionally focused in south Germany, but last year it moved into grain trading in Spain and Italy and in 2012 it expanded into the Netherlands.
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