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E-Malt.com Flash 51a
December 14 - December 16, 2015
Quote of the Week
"When the bee comes to your house, let her have beer; you may want to visit the bee's house some day."
Congolese proverb
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Currency Rates
Base Currency: Euro
on December 16, 2015 |
Base Currency: US Dollar
on December 16, 2015 |
| |
1 EUR = 1.0990 USD
1 EUR = 0.7252 GBP
1 EUR = 1.5069 CAD
1 EUR = 1.5200 AUD
1 EUR = 132.9700 JPY
1 EUR = 4.2609 BRL
1 EUR = 78.2312 RUB
1 EUR = 7.1017 CNY
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|
1 USD = 0.9101 EUR
1 USD = 0.6608 GBP
1 USD = 1.3713 CAD
1 USD = 1.3826 AUD
1 USD = 121.1600 JPY
1 USD = 3.8752 BRL
1 USD = 70.8295 RUB
1 USD = 6.4608 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 16, 2015 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
177.00-179.00 |  |
190.00-192.00 | |
| 6rw Barley |
159.00-161.00 | |
165.00-167.00 |  0.60% |
| 2rs Malt |
368.00-370.00 | |
383.00-385.00 | |
| 6rw Malt |
346.00-348.00 | |
352.50-354.50 | 0.35% |
| Feed Barley |
154.00-156.00 | 1.27% |
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: French, Belgian, Dutch and British maltsters really outsold, malting capacity use expected at high level
...Click here
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World: Several brewers and buyout firms named as possible bidders for SABMiller’s Peroni and Grolsch
...Click here
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Ukraine: Beer and malt production decline in January-November
...Click here
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South Africa: AB InBev confirms intention of listing its shares on Johannesburg stock exchange
...Click here
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World: Former Diageo CEO exploring possibility of purchasing SABMiller’s Peroni and Grolsch brands - sources
...Click here
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Malaysia: Guinness Anchor Bhd not expecting major shifts in business following takeover by Heineken
...Click here
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World: Barley crop this year seen larger than existing demand
...Click here
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Argentina: New president announces large tax cuts on agricultural exports
...Click here
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Taiwan & Vietnam: Gold Medal Taiwan Beer reportedly close to signing deal on opening brewery in Vietnam
...Click here
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Spain & India: Mahou SA eyeing potential launch of its San Miguel beer in India
...Click here
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Ethiopia: Ethiopia’s beer market becoming more and more competitive
...Click here
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Canada: Japan’s Zen-Noh Grain Corp. and GrainCorp establish new grain joint venture in Canada
...Click here
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Graph of the week
Table of the week
Wold Hops Area 2009-2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
MECHANICS OF DRY HOPPING
ABSTRACT
A crucial part when talking about dry hopping is
handling parameters, e.g. how much do hop particles
swell during dry hopping, and is particle size
distribution of importance? Does temperature affect
process parameters, etc? This German team looked into
various parameters and found that different methods
for stirring and mixing, as well as different contact
times have only little effect in regards to particle size
distribution, but they found that wet density increased
with increasing temperatures and permeability
decreases with increasing temperatures.
Read more
Source: Barth Innovations
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These Days in Business History
14 December
1911 - Nostradamus [Michel de Nostre-Dam] French astrologist/prophet is born
1911 - South Pole 1st reached, by Norwegian Roald Amundsen
1960 - Organization for Economic Cooperation & Development (OECD) forms
1967 - DNA created in a test tube
15 December
1792 - 1st life insurance policy issued in US (Philadelphia)
1832 - Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris)
1854 - 1st street-cleaning machine in U.S. 1st used in Philadelphia
1877 - Thomas Edison patents phonograph
1886 - For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares
16 December
1834 - Leon Walras French economist is born
1905 - Variety, covering all phases of show business, 1st published
1908 - 1st credit union in US forms (Manchester NH)
Agenda
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: Finest Spirits 2016 (Munich, Germany)
20-23: Beer Attraction 2016 (Rimini, Italy)
26-28: Brau Kunst Live 2016 (Munich, Germany)
March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
04-06: Barcelona Beer Festival 2016 (Barcelona, Spain)
07-09: VLB Brewing and Engineering Conference 2016 (Soest, Germany)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (Sheffield, UK)
16-18: Expo Antad & Alimentaria Mexico 2016 (Mexico City, Mexico)
23-25: St. Petersburg Brewers Forum 2016 (St. Petersburg, Russia)
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
07-09: Warsaw Beer Festival 2016 (Warsaw, Poland)
13-15: Siberian Beer 2016 (Novosibirsk, Russia)
15-16: Helsinki Beer Festival 2016 (Helsinki, Finland)
23-24: Zythos Beer Festival 2016 (Leuven, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
17-20: Beer (Pivo) 2016 (Sochi, Russia)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
20-18 June: Great Australian Beer Spectacular (GABS) 2016 (Melbourne - Sydney - Auckland, Australia)
25-29: Latvia Beer Fest 2016 (Riga, Latvia)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
09-11: South Beer Cup 2016 (Curitiba, Brazil)
14-16: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2016 (Shanghai, China)
July 2016:
07-10: Artbeerfest 2016 (Caminha, Portugal)
13-15: ProPack China 2016 (Shanghai, China)
August 2016:
05-07: The 20th International Berlin Beer Festival (Berlin, Germany)
09-13: The Great British Beer Festival 2016 (London, UK)
10-13: Vietfood & Beverage - ProPack 2016 (Ho Chi Minh, Vietnam)
13-17: World Brewing Congress 2016 (Denver, USA)
September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
More events are available on site e-malt.com
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Malt News
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World: French, Belgian, Dutch and British maltsters really outsold, malting capacity use expected at high level
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At the Brau Beviale fair in Nuremberg last month, early November activities were very small, because most business for 2016 was already done, H.
...More info on site
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Brewery News
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World: Several brewers and buyout firms named as possible bidders for SABMiller’s Peroni and Grolsch
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Brewers including Asahi Group Holdings Ltd. and buyout firms such as KKR & Co. are among those considering bids for SABMiller Plc’s European beer
...More info on site
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Ukraine: Beer and malt production decline in January-November
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Ukraine’s beer output in January-November this year amounted to 17.94 mln hl, which is 20.2% below the volume brewed during the same period in
...More info on site
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South Africa: AB InBev confirms intention of listing its shares on Johannesburg stock exchange
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Anheuser-Busch InBev, the world's largest brewer, said it would list its shares on the Johannesburg stock exchange as a "domestic" stock, removing a potential
...More info on site
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World: Former Diageo CEO exploring possibility of purchasing SABMiller’s Peroni and Grolsch brands - sources
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Diageo’s former CEO Paul Walsh is exploring possibility of a £2 bln takeover of SABMiller’s two beer brands Peroni and Grolsch that have been
...More info on site
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Malaysia: Guinness Anchor Bhd not expecting major shifts in business following takeover by Heineken
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Guinness Anchor Bhd (GAB) does not expect any major shift in business directions following the takeover of its holdings company GAPL Pte Ltd by
...More info on site
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Taiwan & Vietnam: Gold Medal Taiwan Beer reportedly close to signing deal on opening brewery in Vietnam
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Gold Medal Taiwan Beer, a century-old brand brewed by the state-owned Taiwan Tobacco & Liquor Corp., will open a brewery in Vietnam in the near future, a source familiar with the matter was quoted as saying by China Post on December 14.
After more than two years of market survey and assessment, the state-owned enterprise has decided to partner with Sapporo Vietnam Co. Ltd., a fully owned subsidiary of Japan's Sapporo International Inc., which will handle production of its beer in Vietnam, the source said.
The Taiwanese and Japanese companies are expected to sign a contract on December 17 at Taiwan Trade Center's representative office in Ho Chi Minh City, and R.O.C. Representative to Vietnam Huang Chih-peng will also be present, the source said.
Under the deal, Sapporo Vietnam will be responsible for production of Taiwan Beer in the southern province of Long An near Ho Chi Minh City, while a Vietnamese company will handle the marketing, according to the source.
Taiwan Beer is expected to hit the Vietnamese market before March 2016, in the first overseas venture by Taiwan Tobacco & Liquor Corp. in alcoholic products.
The company is also aiming to expand sales to other Association of Southeast Asian Nations (ASEAN) markets via
...More info on site
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Spain & India: Mahou SA eyeing potential launch of its San Miguel beer in India
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Spanish beer giant Mahou SA is eying a potential launch of San Miguel beer to boost its presence in the Indian market. Mahou, which owns he trademark in Europe, has had early discussions with San Miguel Corporation (SMC) of Philippines in this regard, The Financial Times reported on December 16.
The Manila-based food and beverage giant holds the rights or San Miguel in India.
Mahou had acquired San Miguel Fabricas de Cerveza SA as part of a consolidation move to create the largest brewing group in Spain. Mahou entered India three years ago through a joint venture with Arian Breweries in Rajasthan, and later took full control of the company , making a significant step in its international expansion.
Mahou managing director Alberto Rodriguez Toquero said the company and SMC have discussed possibilities of working together to make San Miguel a bigger international brand. These discussions have covered possible cooperation in India, where Mahou operates its first international subsidiary, he added. "We may not make money in India for long, but we believe it's a great market for the next generation of Mahou shareholders," Toquero said.
The privately held Mahou's reported revenue and EBITDA are 1.2-billion euros and 254-million euros,
...More info on site
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Ethiopia: Ethiopia’s beer market becoming more and more competitive
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This month Ethiopia’s beer market witnessed another milestone. Vasari, a UK-based asset management firm Duet Group (Duet) with 51% share in Dashen Brewery inaugurated a 2 million hectolitres beer production capacity per year plant, New Business Ethiopia reported on December 12.
At the inaugural of the country’s largest brewery plant in Debre Birhan city, 100km north east of Addis Ababa, Vasari announced its new investment of $150 million in Dashen Brewery. “We have brought the most advanced brewery in Africa – and one of the most advanced in the world – to Ethiopia. This is a clear sign of our confidence in Ethiopia and it complements our growing portfolio in the country,” said, Vivian Imerman, CEO of Vasari Global.
The new plant is expected to hire 500 permanent and 1,000 temporary workers. The new brewery followed the $156 million Walia Brewery’s plant with 1.5 million hectolitres of beer production capacity inaugurated a year ago by the Dutch’s multinational, Heineken.
Beer industry in Ethiopia has been growing in recent years including a surge in demand associated with increased urbanization, population growth, and rising incomes. From a level of just one million hectolitres in 2003/04, total beer production in the country has increased to nearly
...More info on site
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Barley News
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World: Barley crop this year seen larger than existing demand
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The larger world barley crop of 145 mln tons meets a smaller demand in 2015/16, H. M. Gauger GmbH analysts said in their December
...More info on site
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Argentina: New president announces large tax cuts on agricultural exports
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Argentina's new pro-business president, Mauricio Macri, announced large tax cuts on agricultural exports on December 14, fulfilling a key campaign pledge but raising fears of grain and soybean gluts on world markets, Yahoo News UK reported.
Macri, who took office on December 10, had promised to slash the South American farming giant's steep taxes on agricultural exports, which triggered major protests by producers against former president Cristina Kirchner's administration.
Export taxes will be eliminated altogether for wheat, corn and sorghum, and for soybeans the tax will drop from 35 percent to 30 percent, Agriculture Minister Ricardo Buryaile told reporters.
Taxes on wheat and corn exports were previously 23 and 20 percent, respectively.
"I am going to sign the decree today," Macri said in a speech to farmers in the town of Pergamino, in the heart of the Argentine Pampas, the fertile plains that are the national breadbasket.
The taxes had been introduced in 2008 under Kirchner.
Protests over the steep rates paralyzed the agriculture sector that year and turned into a crisis for her government.
Farmers accused Kirchner of saddling the agricultural industry with an unfair share of the national tax burden, hurting their international competitiveness.
Macri vowed those days were over.
"Let's not think of things in terms
...More info on site
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Canada: Japan’s Zen-Noh Grain Corp. and GrainCorp establish new grain joint venture in Canada
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A major Japanese farm co-operative and the Australian owner of Canada Malting are staking a new joint claim in Canada’s Prairie grain handling sector, CountryGuide reported on December 14.
Tokyo-based Zen-Noh Grain Corp. (ZGC) and Sydney-based GrainCorp on December 14 announced plans to build new grain origination sites in Alberta and Saskatchewan, through a 50/50 Canadian-incorporated joint venture to be based in Calgary.
GrainCorp said the companies are now “actively looking” at sites in both provinces for what will be “a fully integrated supply chain for the origination, marketing, storage, handling, distribution and exporting of Canadian grain and oilseed.”
The joint venture, dubbed GrainsConnect Canada, is budgeted for C$120 million in its start-up phase, including construction and commissioning at its yet-to-be-chosen sites.
GrainCorp said it will put up C$30 million from its own cash and debt facilities for that phase; Australian media report that ZGC will put up another C$30 million. The joint venture will source the remaining C$60 million from financial institutions, GrainCorp said.
Pending due diligence on potential sites and the customary regulatory and planning approvals, construction is to be staged “progressively” from the latter half of fiscal 2016 through to the end of fiscal 2018, GrainCorp said.
GrainsConnect considers Alberta and Saskatchewan “attractive”
...More info on site
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