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E-Malt.com Flash 38a
September 14 - September 16, 2015
Quote of the Week
There is nothing for a case of nerves like a case of beer.
Joan Goldstein
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Currency Rates
Base Currency: Euro
on September 16, 2015 |
Base Currency: US Dollar
on September 16, 2015 |
| |
1 EUR = 1.1320 USD
1 EUR = 0.7346 GBP
1 EUR = 1.4984 CAD
1 EUR = 1.5885 AUD
1 EUR = 135.4400 JPY
1 EUR = 4.3486 BRL
1 EUR = 75.9013 RUB
1 EUR = 7.2107 CNY
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1 USD = 0.8848 EUR
1 USD = 0.6492 GBP
1 USD = 1.3253 CAD
1 USD = 1.4032 AUD
1 USD = 120.0800 JPY
1 USD = 3.8275 BRL
1 USD = 67.0838 RUB
1 USD = 6.3595 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 16, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
180.00-182.00 |  1.09% |
| 6rw Barley |
158.00-160.00 |  |
| 2rs Malt |
371.00-373.00 | 0.66% |
| 6rw Malt |
343.50-345.50 | |
| Feed Barley |
149.00-151.00 | 1.32% |
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: This year’s beer sales so far disappoint in Germany, Brazil, Russia, Ukraine, and Japan
...Click here
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World: AB InBev formally informs SABMiller of acquisition intentions
...Click here
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China: Turning decent profit not easy for brewers despite massive amounts of beer consumed
...Click here
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USA: MillerCoors to close North Carolina brewery due to sales decline
...Click here
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World: Barley harvests nearing completion across much of Norther Hemisphere
...Click here
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EU: Barley harvest almost finished and much better than expected
...Click here
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World: Global barley trade forecast for 2015/16 increased in USDA’s September report
...Click here
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India: Diageo may lose more than 10 mln shares of United Spirits in case of unfavourable court ruling
...Click here
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China & Belarus: New Chinese-owned malting plant may complicate the things for Belarus’ Belsolod
...Click here
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Australia: Report suggests Coca-Cola Amatil may become takeover target for SABMiller
...Click here
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The Czech Republic and China: Czech beer export to China nearly doubles in 2014
...Click here
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India: Brewers in Maharashtra could soon face water woes
...Click here
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Russia: Agriculture Ministry to raise grain intervention purchase prices and may revise wheat export duty
...Click here
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Graph of the week
Table of the week
Czech Hop Acreage and Production
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How emotional is beer drinking ?
ABSTRACT
This question was investigated by an Italian/Polish research team. The study examined emotional responses to real (tasted, in real social environment of consumption) and conceptual (food names) food stimuli. Different studies were conducted using the list of emotion words (EsSense™) developed by King and Meiselman. Emotions that were elicited by the named beers and wines varied slightly in kind and largely in degree between Poles and Italians. The strongest emotional response was observed in the Polish panel for both stimuli. These results are of interest for new products in both categories (wine or beer). I wonder, how could you NOT be emotional about beer ?
Read more
Source: Barth Innovations
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These Days in Business History
14 September
1886 - George K Anderson of Memphis, Tennessee patents typewriter ribbon
1899 - Henry Bliss becomes 1st automobile fatality (NY)
1960 - Organization of Petroleum Exporting Countries (OPEC) forms
2000 - Microsoft releases Windows ME
15 September
1857 - Timothy Alder patents typesetting machine
1928 - Alexander Fleming discovers penicillin
1952 - European Parliament forms in Strasbourg
1959 - The first successful photocopier, the Xerox 914, is introduced
16 September
1905 - Roald Amundsen discovers Magnetic South Pole
1906 - William Crapo Durant incorporates General Motors in Janesville Wisconsin
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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Malt News
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China & Belarus: New Chinese-owned malting plant may complicate the things for Belarus’ Belsolod
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The China-Belarus Industrial Park near the Minsk National Airport will soon be hosting a new company - a Chinese investor intends to build there
...More info on site
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Brewery News
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World: This year’s beer sales so far disappoint in Germany, Brazil, Russia, Ukraine, and Japan
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Germany in July reported an increase of 1.8% in beer sales (mostly due to a warm summer), but the January-July period still saw a
...More info on site
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World: AB InBev formally informs SABMiller of acquisition intentions
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Anheuser-Busch InBev NV intends to make an offer for SABMiller Plc in a deal that would bring together the world’s two biggest beermakers and
...More info on site
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China: Turning decent profit not easy for brewers despite massive amounts of beer consumed
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China’s recent slowdown is worsening a stubborn problem for brewer SABMiller PLC: despite the massive amount of beer consumed there, turning a decent profit
...More info on site
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USA: MillerCoors to close North Carolina brewery due to sales decline
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MillerCoors is closing its brewery in Eden, North Carolina due to sales decline as there has been a visible shift in consumer preferences from
...More info on site
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India: Diageo may lose more than 10 mln shares of United Spirits in case of unfavourable court ruling
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Spirits maker Diageo may stand to lose more than 10 million shares of United Spirits Ltd (USL) worth over Rs 32.35 bln ($487 mln)
...More info on site
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Australia: Report suggests Coca-Cola Amatil may become takeover target for SABMiller
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Rumours of a potential takeover of Coca-Cola Amatil Ltd have once again been ignited by a report from The Australian Financial Review. The article
...More info on site
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The Czech Republic and China: Czech beer export to China nearly doubles in 2014
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Czech beer export to China nearly doubled yr/yr from 12,688 hectolitres to 22,688 hectolitres in 2014, with the total export of 3.65 million hectolitres making the Chinese export share roughly 0.62 percent, Vladimír Balach, executive director at the Czech Beer and Malt Association, told ČTK on September 10.
Apart from Pivovary Lobkowicz Group, partly owned by Chinese group CEFC as of September, Budějovický Budvar and Plzeňský Prazdroj export to China, although the companies are reluctant to make their export volumes public.
“China is the biggest world beer market. Its consumption is mostly covered by the domestic production at the moment but over the past few years, Chinese demand for premium imported beer brands has been climbing mainly due to the fast growing Chinese middle age group,” Roman Pavlík, spokesman of Pivovary Lobkowicz, has said without further specification of the company's future export strategy.
Budějovický Budvar exported to nine countries of Southeast Asia last year, the most important states being China, Japan, Mongolia and Vietnam, Petr Samec, the company's spokesperson stated, adding the company increased its sales in the region by 47 percent year-on-year.
Plzeňský Prazdroj renewed its export to China in August this year.
“Given the high interest of the Chinese market in Pilsner Urquell
...More info on site
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India: Brewers in Maharashtra could soon face water woes
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The powerful beer industry in the Indian state of Maharashtra could soon face water woes. Post a deficient South-West monsoon, the State government is thinking of drastically cutting down water supply, especially to industries in water-deficient areas such as Aurangabad, The Hindu Business Line reported on September 13.
Manufacturing 1 litre of beer requires about 9 litres of water. All major beer manufacturers have plants in the Waluj and Chikalthana industrial areas of Aurangabad, managed by the Maharashtra Industrial Development Corporation (MIDC).
A senior MIDC official said that industries in the area drew water from the Jayakwadi dam, which has a storage of only 4.6 per cent of the total capacity. In such a situation, water supplies to beer makers and other water-guzzling units will have to be cut. From the dam, about 3 million cubic meters of water is committed for the industries, which will have to be halved, the official said.
The official pointed that water from the Godavari river gets stored at the Jayakwadi dam and has a high pH (alkaline) value, making it most suitable for beer making. Since the beer manufacturers are solely dependent on the dam, they will have to drastically cut down their production.
The emerging water
...More info on site
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Barley News
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World: Barley harvests nearing completion across much of Norther Hemisphere
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Barley harvests are nearing completion across much of the Northern Hemisphere, giving rise to emerging quality information. Better than anticipated harvest results have resulted
...More info on site
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EU: Barley harvest almost finished and much better than expected
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The barley harvest is finished in the largest part of continental Europe but still going on in the British Isles and Scandinavia, H. M.
...More info on site
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World: Global barley trade forecast for 2015/16 increased in USDA’s September report
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USDA in its September report boosted the forecast for Canadian barley export in 2015/16 by 200,000 tons to 1.2 million because of greater exportable
...More info on site
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Canada: Malting barley prices reported as strong
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Commodity prices typically buckle under harvest pressure, but malting barley has been acting as the shining star of Canada’s cash markets. Influencers within Canada
...More info on site
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Russia: Agriculture Ministry to raise grain intervention purchase prices and may revise wheat export duty
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Russia's Agriculture Ministry will raise purchase prices for its grain intervention fund and has drawn up proposals to ease the burden of wheat export duty, Deputy Agriculture Minister Evgeny Gromyko was quoted as saying on September 12 by Reuters.
"We will increase prices," he said in comments cited by TASS. "It will be quite decent. It will suit farmers."
Gromyko did not say what level grain intervention prices would be raised to.
Russian media have previously reported that the government is considering raising purchase prices for the intervention fund by a thousand roubles per tonne.
Gromyko also said the ministry has drawn up proposals for changes to a wheat export duty which, he said, would reduce the burden on business "significantly".
Russia introduced the tax in July, causing concern among grain exporters and traders who say it will harm profitability.
Expectations were already growing that the tax would be softened following lobbying of the government by agriculture industry participants.
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