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Flash Summary
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E-Malt.com Flash 44b
October 29 - November 01, 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 30, 2015 |
Base Currency: US Dollar
on October 30, 2015 |
| |
1 EUR = 1.0930 USD
1 EUR = 0.7167 GBP
1 EUR = 1.4411 CAD
1 EUR = 1.5446 AUD
1 EUR = 132.3000 JPY
1 EUR = 4.3022 BRL
1 EUR = 70.1427 RUB
1 EUR = 6.9460 CNY
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1 USD = 0.9136 EUR
1 USD = 0.6546 GBP
1 USD = 1.3194 CAD
1 USD = 1.4096 AUD
1 USD = 120.9100 JPY
1 USD = 3.8950 BRL
1 USD = 64.1686 RUB
1 USD = 6.3470 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 30, 2015 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
182.00-184.00 |  0.54% |
192.00-194.00 |  |
| 6rw Barley |
161.00-163.00 | |
163.00-165.00 | 0.61% |
| 2rs Malt |
373.00-375.00 | 0.33% |
385.50-387.50 | |
| 6rw Malt |
347.50-349.50 | |
350.00-352.00 | 0.35% |
| Feed Barley |
156.00-158.00 | 0.63% |
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 reports lower profit attributable to shareholders but beer volumes up 2.3% in Q3 2015
...Click here
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Brazil: Ambev’s volumes, normalized net profit increase in the third quarter
...Click here
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The Czech Republic: Czech beer market slightly improves last year despite stagnating average consumption
...Click here
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Japan: Kirin Holdings achieves 149.5% increase in nine-month net income
...Click here
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South America: Argentina barley export surplus expected to total 1.419 mln tonnes
...Click here
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Argentina: Argentina’s wheat harvest to decline as farmers switch to unregulated crops such as barley
...Click here
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Mexico: Barley crop expected to reach 585 thousand tons, import 125 thousand
...Click here
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Japan: Suntory loses patent dispute with rival Asahi Breweries
...Click here
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India: Diageo’s United Spirits to cut down around 150 of its brands and focus on better performing products
...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
29 October
1929 - The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression
1947 - Belgium, Luxembourg and Netherland form Benelux Union
1952 - Sweden begins experimental TV
2008 - Delta Air Lines merges with Northwest Airlines, creating the world's largest airline and reducing the number of US legacy carriers to five
30 October
1894 - Daniel Cooper patents time clock
1987 - August A Busch III becomes CEO of St Louis Cards
1989 - Mitsubishi Estate Co. agrees to pay $846 million for 51% of Rockefeller Center in New York City; by 1996, the Mitsubishi affiliate is so financially troubled that it sells Rockefeller Center for less than $400 million
31 October
1904 - King Camp Gillette patents the safety blade and razor
1938 - Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980
1952 - TV broadcasting begins in Belgium
2011 - The global population of humans reaches seven billion. This day is now recognized by the United Nations as Seven Billion Day
01 November
1512 - Michelangelo's paintings on ceiling of Sistine Chapel, 1st time exhibited
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
1894 - Vaccine for diphtheria announced by Dr Roux of Paris
1982 - Honda becomes the first Asian automobile company to produce cars in the United States with the opening of its factory in Marysville, Ohio. The Honda Accord is the first car produced there
1993 - The Maastricht Treaty takes effect, formally establishing the European Union
Agenda
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 reports lower profit attributable to shareholders but beer volumes up 2.3% in Q3 2015
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Anheuser-Busch InBev reported on October 30 that its third-quarter normalized profit attributable to equity holders decreased to $1.67 billion from $2.31 billion, last year,
...More info on site
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World: AB InBev raises full-year revenue forecast
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Anheuser-Busch InBev NV, the maker of Budweiser lager and Stella Artois pilsner, raised its full-year revenue forecast on higher-than-expected shipments of premium beer, saying
...More info on site
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Brazil: Ambev’s volumes, normalized net profit increase in the third quarter
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Ambev S.A. announced on October 30 its results for the 2015 third quarter.
Brazil’s leading brewer said its consolidated top line performance was up
...More info on site
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The Czech Republic: Czech beer market slightly improves last year despite stagnating average consumption
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Following the deep slump in 2010, when the consumption tax on beer was raised, the total volume of beer production has risen slightly in
...More info on site
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Japan: Kirin Holdings achieves 149.5% increase in nine-month net income
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Japan’s Kirin Holdings, one of the country’s leading beer producers, said on October 30 its nine-month sales increased by 1.4% to 1.63 trillion yen,
...More info on site
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Japan: Suntory loses patent dispute with rival Asahi Breweries
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Suntory Holdings Ltd. lost a patent dispute with rival Asahi Breweries Ltd. on October 29, with the Tokyo District Court rejecting its demand for a halt to production and sales of Asahi’s nonalcoholic beer, The Japan Times reported.
Suntory had sought the suspension of Asahi’s Dry Zero, which was relaunched in September 2013, alleging that it infringed a Suntory patent application filed in November 2012 and approved in October 2013.
“The Suntory patent represents a technology that can be easily invented based on other products and should be considered invalid,” presiding Judge Koji Hasegawa said, endorsing Asahi’s argument.
Suntory’s All-Free and Asahi’s Dry Zero are competing for the top share in the expanding nonalcoholic beer market.
Suntory filed the suit against Asahi in January after they failed to resolve the dispute through talks.
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USA: Boston Beer Company reports Q3 results
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Boston Beer Company, United States’ leading craft beer producer, on October 29 reported third quarter depletions growth of six percent and net revenues of $293.1 million, a nine percent increase over the same period last year.
During an earnings call, the company credited the success of its Traveler Beer, Coney Island Root Beer and Twisted Tea brands — which offset declines from its flagship Samuel Adams brand — as the primary growth drivers in the quarter.
In a press statement, founder and chairman Jim Koch said that, despite depletion growth of 6 percent matching the company’s year-to-date trends, the “slowing” was a result of increased competition in the craft category and softer cider category sales, which continue to hamper Boston Beer’s Samuel Adams and Angry Orchard lines.
“While our total growth is testament to our strategy of a diversified brand portfolio, our Samuel Adams trends appear to represent a very competitive category, where drinkers are seeing greatly increased choices and established brands are being impacted,” he said. “We believe that quality, freshness, innovation and variety will be the basic requirements for success in this environment.”
So, in an effort to re-establish itself as a craft option that consumers reach for more regularly, Boston Beer
...More info on site
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Barley News
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South America: Argentina barley export surplus expected to total 1.419 mln tonnes
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At a recent VLB conference in Brazil, BMS presented the following barley S/D balance for the South American countries:
Argentina’s barley acreage is estimated at
...More info on site
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Argentina: Argentina’s wheat harvest to decline as farmers switch to unregulated crops such as barley
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Argentina’s next wheat harvest may be the smallest in three years, according to the Buenos Aires Grain Exchange, a decline that may spur Brazilian flour mills need to import the grain from other countries, Bloomberg reported on October 30.
Argentine farmers will produce 9.5 million metric tons of wheat in the 2015-2016 season, down 16 percent from a year earlier, the exchange said on October 29 in its first wheat forecast.
Farmers are switching to unregulated crops such as barley because the government charges wheat export taxes of 23 percent and restricts shipments to other countries. Wheat exports are permitted after 6 million tons are produced for domestic consumption. There are no export taxes on barley.
“We have had more barley than expected this winter,” said Diego Ubici, an agriculture engineer from Agropulso, a seed and fertilizer reseller in America City, in Buenos Aires province. “Farmers were not selling waiting for a new government.”
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Mexico: Barley crop expected to reach 585 thousand tons, import 125 thousand
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USDA estimate of the Mexican barley production is 585,000 tons after 550,000 tons last year. According to H. M. Gauger GmbH analysts, the country
...More info on site
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Whisky News
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India: Diageo’s United Spirits to cut down around 150 of its brands and focus on better performing products
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Diageo’s Indian unit United Spirits is planning to cut down around 150 of its brands to focus on better performing brands and strengthen its business in a market that is seemingly dominated by local, cheaper brands, Drinks Business Review reported on October 30.
The British drinks company intends to place its focus on promotion and marketing of its top 15 brands, while consolidating or downplaying other brands.
India is lately being seen as an emerging market for global drinks makers as business in the developed part of the world is seen becoming sluggish. The country is now considered to be Diageo's second-largest market in terms of sales, reported The Financial Express.
Diageo chief executive of UK unit Anand Kripalu was quoted by the publication as saying: "We are focussing on select brands, which we believe are the critical ones, big drivers of growth." He said that the top brands would receive special importance with strategic investments.
Anand Kripalu said that over the next few years Diageo expects growth in the top-end spirits business outdoing the mass market with the young professional class demanding better quality of liquor.
Compared with other large economies such as the US and China, India remains a small market but drink
...More info on site
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