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Flash Summary
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E-Malt.com Flash 37a
September 07 - September 09, 2015
Quote of the Week
If you don't drive your business, you will be driven out of business.
B.C. Forbes - Founder, Forbes
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Currency Rates
Base Currency: Euro
on September 09, 2015 |
Base Currency: US Dollar
on September 09, 2015 |
| |
1 EUR = 1.1162 USD
1 EUR = 0.7244 GBP
1 EUR = 1.4757 CAD
1 EUR = 1.5976 AUD
1 EUR = 133.8200 JPY
1 EUR = 4.2346 BRL
1 EUR = 76.9246 RUB
1 EUR = 7.1075 CNY
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1 USD = 0.8944 EUR
1 USD = 0.6516 GBP
1 USD = 1.3258 CAD
1 USD = 1.4325 AUD
1 USD = 119.6400 JPY
1 USD = 3.8201 BRL
1 USD = 68.3530 RUB
1 USD = 6.3572 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 09, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
182.00-184.00 |  0.54% |
| 6rw Barley |
158.00-160.00 | 0.63% |
| 2rs Malt |
373.00-375.00 | 0.33% |
| 6rw Malt |
343.50-345.50 | 0.36% |
| Feed Barley |
151.00-153.00 |  |
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.
Japan: Kirin Holdings to become more aggressive in buying Southeast Asian breweries
...Click here
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The Netherlands & USA: Heineken acquires 50% stake in US craft brewer Lagunitas
...Click here
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China & the Czech Republic: China’s CEFC along with partners to take over 79.4% stake in Pivovary Lobkowicz brewery
...Click here
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China: Chinese official stoke concerns over reversal in soaring barley and sorghum imports
...Click here
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USA: Barley crop just about as perfect as it could get - expert
...Click here
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World: Hops output to drop this year because of heat and dryness-damaged crop in Europe
...Click here
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World: Diageo should consider a merger of equals with SABMiller – Nomura analysts
...Click here
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Israel: Ministry of Finances reduces taxes on beer and other alcoholic beverages
...Click here
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Japan: Suntory releasing The Malt’s regular beer to challenge Asahi Super Dry’s nearly 50% market share
...Click here
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USA: Gavin Hattersley named permanent CEO at MillerCoors
...Click here
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Graph of the week
Table of the week
World Barley Supply and Distribution
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Let the yeast decide on flavour !
ABSTRACT
Imagine you brew the same beer with the same hopping procedure (same variety, same times of addition) and you just take a different yeast strain for fermentation. How significant would the difference be? We tried it using an American ale yeast (05) in comparison to an Abbaye
yeast. For the hopping, we used Tradition in comparison to Citra. We found that depending
on the hop variety, beers can show a similar (using Tradition) or also a completely different
flavor profile (using Citra) caused by the yeast. Also, different effects on bitterness and
mouthfeel were observed. This is an exciting topic for further sensory research!
Read more
Source: Barth Innovations
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These Days in Business History
07 September
1822 - Brazil declares independence from Portugal (National Day)
1912 - David Packard, co-founder of Hewlett-Packard Co., is born in Pueblo, Colo
1923 - Interpol forms in Vienna
08 September
1923 - Alexandra Kollontai of Russia becomes 1st woman ambassador
1990 - real-estate developer Minoru Isutani buys the Pebble Beach golf resort for $841 million. By March, 1992, Isutani sold Pebble Beach for $500 million-a $341 million loss in less than a year-and-a-half, "probably the most disastrous real-estate deal known to man"
09 September
1776 - Continental Congress renames "United Colonies," "United States"
1822 - Napoleon J K P Bonaparte is born, French prince/member National Convention
Agenda
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: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
24-26: Great American Beer Festival 2015 (Denver, USA)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
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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Brewery News
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China: Beer sales decline rate grows in Q2 2015
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The rate of the sales decline of Chinese beer breweries grew in the second quarter as the industry continues to experience its first major
...More info on site
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Japan: Kirin Holdings to become more aggressive in buying Southeast Asian breweries
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Kirin Holdings Co. wants to become more aggressive in buying Southeast Asian companies after the sale of its stake in Singapore-based conglomerate Fraser &
...More info on site
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The Netherlands & USA: Heineken acquires 50% stake in US craft brewer Lagunitas
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Dutch brewer Heineken NV said on September 8 it has taken a 50% stake in Lagunitas Brewing Co. and plans to expand the California-based
...More info on site
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China & the Czech Republic: China’s CEFC along with partners to take over 79.4% stake in Pivovary Lobkowicz brewery
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Chinese group CEFC along with partners will take over a 79.4 percent stake in the Czech brewery Pivovary Lobkowicz Group (PLG), according to an
...More info on site
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World: Diageo should consider a merger of equals with SABMiller – Nomura analysts
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A revival of Diageo merger speculation helped give traders a distraction from another grim day for the FTSE 100, Financial Times reported on September
...More info on site
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Israel: Ministry of Finances reduces taxes on beer and other alcoholic beverages
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Israel’s Finance Minister Moshe Kahlon on September 8 signed a decree reducing taxes on beer by about 46 percent, and other alcoholic beverages by 21 percent, Ynetnews reported.
In 2012 the tax on beer was doubled, and it was determined that the tax would be NIS 4.33 per litre of beer with a concentration of over 3.8 percent – a significantly higher tax level than it is customary in the OECD.
Starting September 8 night, the tax rate for this beer will be 2.33 shekels per litre. Beer in reusable bottles with an alcohol content of 3.8 percent will remain exempt from purchase tax.
The Finance Ministry said that examination of the results of the previous tax increase on beer showed that despite the doubling of the tax, it barely affected the consumption levels of beer.
This means that the imposition of the tax in 2012 fell almost entirely on consumers without any real benefit with regard to reducing harmful drinking.
"We will continue to lower the cost of living in Israel and relieve the consumer wherever possible," Kahlon said. "We intend to continue the trend and will not hesitate to correct distortions in the tax system as required
...More info on site
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Japan: Suntory releasing The Malt’s regular beer to challenge Asahi Super Dry’s nearly 50% market share
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The battle over regular beer sales are expected to become more competitive in Japan with the release of The Malt’s by Suntory Beer Ltd. on September 8, a direct challenge to Super Dry — the market leader — made by Asahi Breweries, Ltd, The Japan News reported.
Major breweries have been focusing on new beer products, with prices around Ą220 for a 350-milliliter can, and eyeing possible future cuts in the tax rate for beer.
“Is it fun, living a dry life?” a combative TV advertisement for The Malt’s asks in a clear sign that the new product is aimed at Super Dry’s share of nearly 50 percent of the beer market. The Malt’s features a rich and subtle mellow flavor, according to Suntory.
Suntory ended production of its Malt’s beer last month. Its successor, The Malt’s, is the first major product developed for the regular beer market in 29 years — since the release of Malt’s in 1986. During the 2000s, the company has focused on its high-end The Premium Malt’s and Kinmugi, a so-called third-segment quasi-beer.
Currently, different tax rates are applied for beer, happoshu low-malt quasi-beer and third-segment quasi-beer. In a review of the taxation system, the government and the ruling
...More info on site
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USA: Gavin Hattersley named permanent CEO at MillerCoors
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Gavin Hattersley, the chief financial officer at Molson Coors Brewing Co. who has been filling in as interim CEO at MillerCoors LLC, is getting the job permanently, the Denver Business Journal reported on September 8.
MillerCoors — the Chicago-based joint venture of Denver-based Molson Coors and London-based SABMiller plc that sells their products in the U.S. — made the announcement on September 8.
Hattersley, 52, took the interim CEO job after Tom Long retired June 30 while retaining his Molson Coors executive post. At the time, MillerCoors said it had launched a search for a permanent successor to Long.
Shortly after assuming the interim post, Hattersley replaced MillerCoors' chief marketing officer and president of sales.
The MillerCoors board — led by its chairman, Pete Coors — approved Hattersley as permanent CEO.
“Gavin is the right person to lead MillerCoors forward,” said Pete Coors, who is also vice chairman of Molson Coors. “Gavin has a great handle on what needs to be done to achieve growth at MillerCoors and he has the complete confidence of the Board, the employees and the distributor network to achieve this aspiration.”
Mark Hunter, CEO at Molson Coors, said Hattersley “combines his business knowledge with a healthy dose of impatience that’s needed
...More info on site
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Barley News
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China: Chinese official stoke concerns over reversal in soaring barley and sorghum imports
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Chinese officials stoked concerns over a reversal in soaring barley and sorghum imports, even as they reassured on soybean buy-ins in seeing stronger-than-expected purchases
...More info on site
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USA: Barley crop just about as perfect as it could get - expert
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This year’s barley crop is just about as perfect as it could get, according to Randy Brag, a grain merchandiser who has been involved
...More info on site
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Russia: Malting barley quality lower this year
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According to APK-Inform experts, the quality of the new crop malting barley in Russia is below last year’s.
The decline in quality is explained by
...More info on site
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Hops News
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World: Hops output to drop this year because of heat and dryness-damaged crop in Europe
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World hops production is expected to drop by 9.7% this year to 87.24 thousand tonnes from 96.65 thousand tonnes last year, Simon H. Steiner
...More info on site
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