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Flash Summary
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E-Malt.com Flash 44a
October 26 - October 28, 2015
Quote of the Week
Anyone can drink beer, but it takes an intelligence to enjoy beer.
Stephen Beaumont
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Currency Rates
Base Currency: Euro
on October 28, 2015 |
Base Currency: US Dollar
on October 28, 2015 |
| |
1 EUR = 1.1061 USD
1 EUR = 0.7214 GBP
1 EUR = 1.4622 CAD
1 EUR = 1.5299 AUD
1 EUR = 133.0600 JPY
1 EUR = 4.3377 BRL
1 EUR = 70.2124 RUB
1 EUR = 7.0265 CNY
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1 USD = 0.9048 EUR
1 USD = 0.6521 GBP
1 USD = 1.3197 CAD
1 USD = 1.3824 AUD
1 USD = 120.5400 JPY
1 USD = 3.9021 BRL
1 USD = 63.5004 RUB
1 USD = 6.3424 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 28, 2015 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
183.00-185.00 |  |
192.00-194.00 |  0.52% |
| 6rw Barley |
161.00-163.00 | |
164.00-166.00 | |
| 2rs Malt |
374.50-376.50 | |
385.50-387.50 | 0.32% |
| 6rw Malt |
347.50-349.50 | |
351.00-353.00 | |
| Feed Barley |
157.00-159.00 | |
nq | |
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: AB InBev gets another week to prepare formal bid for SABMiller
...Click here
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World: Heineken’s Q3 beer volume and organic revenue grow more than forecast by analysts
...Click here
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China: Tsingtao Brewery reports 19.9% decline in nine-month net profit
...Click here
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USA: Molson Coors Brewing may add to its empire, too, thanks to AB InBev-SABMiller deal
...Click here
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Nigeria: Guinness Nigeria Plc achieves 3% sales revenue growth in Q1 to September 30
...Click here
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EU: Norther Europe countries report rather low protein in malting barley
...Click here
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USA: AB InBev hires bankers to explore sale of US assets
...Click here
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China: Beijing Yanjing Brewery’s third-quarter net profit down 22.4%
...Click here
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Myanmar: Myanmar Brewery Ltd. hopes to double current sales figures in five years
...Click here
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Jamaica: Jamaica Stock Exchange probes share purchases by Red Stripe MD ahead of the brewery’s acquisition by Heineken
...Click here
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USA: Court throws out case against Miller Coors and its labelling of Blue Moon as craft beer
...Click here
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Singapore: Asia Pacific Breweries to stop supplying draught beer to retailers on exclusive basis
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of October 2015
Barley Prices
Theoretical Malt Prices
Scientific Digest
Should we try to dry hops in a more gentle way?
ABSTRACT
US researchers tried this. They took fresh
Cascade hops dried traditionally in a kiln and
compared them to hops dried in a freeze drier.
The analyses showed that the freeze dried hops
were higher in myrcene, while all other
important hop aroma components were higher
in the kilned dried hops. However the
differences were relatively small. Nevertheless
when applied in dry hopping the tasters were
able to significantly detect the differences
between the beers. The flavor and aroma in the
beer with freeze dried hops were much more
herbal and grassy, while the beer with the kiln
dried hops had a more fruitiness expressed.
Read more
Source: Barth Innovations
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These Days in Business History
26 October
1952 - Chevrolet unveils V-8 engine
1954 - Walt Disney's 1st television program, "Disneyland," premieres on ABC
1956 - U.N.'s International Atomic Energy Agency statute approved
27 October
1969 - Nobel prize for economy awarded to John Tinbergen
1984 - Hepatitis virus is discovered
1997 - Intel Corp buys Digital Equipment for $700 million
28 October
1904 - St Louis police try a new investigation method- the fingerprints
1954 - Nobel prize for literature awarded to Ernest Hemingway
1986 - International Red Cross ousted from South Africa
Agenda
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)
February 2016:
05-07: Alltech Craft Brews & Food Fair 2016 (Dublin, Ireland)
06-07: Bruges Beer Festival 2016 (Bruges, Belgium)
17-20: Camra's National Winter Ales Festival 2016 (Derby, UK)
19-21: Mondial de la Biere 2016 (Mulhouse, France)
20-23: Beer Attraction 2016 (Rimini, Italy)
March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (UK)
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
August 2016:
09-13: The Great British Beer Festival 2016 (London, UK)
13-17: World Brewing Congress 2016 (Denver, USA)
More events are available on site e-malt.com
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Brewery News
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World: AB InBev gets another week to prepare formal bid for SABMiller
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Anheuser-Busch InBev NV said on October 27 it has reconfirmed the financial terms of its $103.95 billion takeover proposal for SABMiller PLC after carrying
...More info on site
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World: Heineken’s Q3 beer volume and organic revenue grow more than forecast by analysts
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Heineken NV reported on October 27 estimate-beating sales growth boosted by a warm European summer as the world’s third-largest brewer prepares to become a
...More info on site
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China: Tsingtao Brewery reports 19.9% decline in nine-month net profit
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Tsingtao Brewery's nine-month net profit is down 19.9% to 1.7 billion yuan ($267.64 million), Reuters reported on October 27.
Earlier this month China’s second-largest brewer
...More info on site
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USA: Molson Coors Brewing may add to its empire, too, thanks to AB InBev-SABMiller deal
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Each time Anheuser-Busch InBev NV adds to its beer empire, the King of Beers strengthens rivals to its throne. The new threat in the
...More info on site
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Denmark: Beer sales up 2% in 2014
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The Danish government's decision to reduce beer excise duty two years ago, coupled with the halving and subsequent repealing last year a special tax
...More info on site
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Nigeria: Guinness Nigeria Plc achieves 3% sales revenue growth in Q1 to September 30
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Guinness Nigeria Plc, Nigeria’s leading beverage manufacturer and a subsidiary of Diageo Plc, has announced its financial results for the first quarter ended 30
...More info on site
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USA: AB InBev hires bankers to explore sale of US assets
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Anheuser-Busch InBev has hired bankers to explore a sale of US assets, in a move seen as crucial to winning regulatory approval for a
...More info on site
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China: Beijing Yanjing Brewery’s third-quarter net profit down 22.4%
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China’s Beijing Yanjing Brewery Co Ltd. said its Q3 net profit is down 22.4 percent y/y at 259.5 million yuan ($40.85 million), Reuters reported
...More info on site
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Myanmar: Myanmar Brewery Ltd. hopes to double current sales figures in five years
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Competition in Myanmar’s fast-growing beer market is growing. On October 21, Hiroshi Fujikawa, CEO of Myanmar Brewery Ltd. (MBL), the country’s largest beer firm
...More info on site
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Jamaica: Jamaica Stock Exchange probes share purchases by Red Stripe MD ahead of the brewery’s acquisition by Heineken
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The Jamaica Stock Exchange is probing several share purchases by Red Stripe Jamaica's Managing Director Cedric Blair, who bought up four blocks of Desnoes & Geddes (D&G) shares days ahead of the formal announcement of the company's acquisition by Heineken International, The Jamaica Gleaner reported on October 23.
Desnoes & Geddes Limited trades as Red Stripe Jamaica. Blair has worked with the brewery for more than 20 years and has been its general manager then managing director for the past three.
The transactions were executed between September 29 and October 6, according to market disclosures.
"I have been investing in equities for all my life. When I lived in America, I was investing in D&G stocks and when I came back to Jamaica, I continued ...," Blair said on October 22, expressing surprise at the news of a probe.
Documents obtained by the Financial Gleaner show that Blair placed an order with his broker, Mayberry Investments Limited, on September 25, 2015, to buy up 150,000 shares on his behalf. He already owned 750,000 units.
Mayberry acquired 28,456 D&G shares on September 29, another 300 units on October 1, and 80,135 units in two transactions on October 6 for Blair. The four trades amounted to 108,891
...More info on site
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USA: Court throws out case against Miller Coors and its labelling of Blue Moon as craft beer
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A California court threw out a case filed earlier this year in which a self-described beer aficionado and home brewer sued MillerCoors for allegedly deceptive labeling of Blue Moon as a craft beer, The Milwaukee Business Journal reported on October 27.
In the original complaint, Evan Parent alleged that MillerCoors and Blue Moon Brewing Co. deceived customers into paying more for Blue Moon by implying the brand is a craft beer by calling it 'Artfully Crafted.'
Parent also said that he was under the impression that the famous Belgian White Ale was brewed in a small brewery inside Coors Field in Denver, when the beer is actually made in large breweries in Golden, Colo., and Eden, N.C.
The California judge dismissed the case saying “no reasonable consumer could have been misled by MillerCoors’ use of ‘craft beer’ and ‘Artfully Crafted,’ because there is no standard definition of ‘craft beer.’”
In his suit, Parent cites the Brewers Association definition of a craft brewer: one that produces fewer than 6 million barrels of beer annually, is less than 25 percent owned or controlled by a non-craft brewer and makes beer using only traditional or innovative brewing ingredients.
Chicago-based MillerCoors produces 62 million barrels of beer annually, and
...More info on site
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Singapore: Asia Pacific Breweries to stop supplying draught beer to retailers on exclusive basis
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Asia Pacific Breweries (Singapore) will cease its practice of supplying draught beer to retailers on an exclusive basis, following a probe by the Competition Commission of Singapore (CCS), The Business Times reported on October 28.
The company has given CCS a voluntary commitment to cease its outlet exclusivity practice. Moving forward, APBS will not impose outlet-exclusivity conditions in its supply of draught beer contracts to retailers.
The change in APBS's business practices will be applicable to all draught beer contracts entered into with retailers on and after Dec 28, including new and renewal contracts. APBS will also be required to provide CCS with documents to show that these changes have taken effect.
"The removal of these exclusive business practices will allow beer suppliers to compete on merit in offering their draught beers to retail outlets," said Toh Han Li, chief executive officer of statutory board CCS.
"This will allow retailers to stock a greater variety of draught beers, leading to a more vibrant market with more choices for consumers, as well as opportunities for existing suppliers and new entrants including microbreweries and craft beer suppliers."
Acting on complaints, CCS had investigated APBS in relation to its practice of supplying draught beer to retail outlets solely
...More info on site
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Barley News
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EU: Norther Europe countries report rather low protein in malting barley
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Northern Europe experienced a difficult year from planting till harvest, mostly too cold and wet. Nevertheless England, Denmark and South Sweden produced large crops,
...More info on site
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UK: Barley yields reach new record in 2015 - Defra
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UK average wheat, spring barley and winter barley yields all reached new records in 2015 according to provisional data released by Defra on October
...More info on site
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