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E-Malt.com Flash 08a
February 22 - February 24, 2016
Quote of the Week
If everyone is moving forward together, then success takes care of itself.
Henry Ford
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Currency Rates
Base Currency: Euro
on February 24, 2016 |
Base Currency: US Dollar
on February 24, 2016 |
| |
1 EUR = 1.1002 USD
1 EUR = 0.7799 GBP
1 EUR = 1.5116 CAD
1 EUR = 1.5202 AUD
1 EUR = 123.1200 JPY
1 EUR = 4.3570 BRL
1 EUR = 85.8563 RUB
1 EUR = 7.1814 CNY
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1 USD = 0.9071 EUR
1 USD = 0.7090 GBP
1 USD = 1.3736 CAD
1 USD = 1.3832 AUD
1 USD = 112.2700 JPY
1 USD = 3.9501 BRL
1 USD = 77.1326 RUB
1 USD = 6.5250 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 24, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
167.00-169.00 |  |
182.00-184.00 |  0.54% |
| 6rw Barley |
145.00-147.00 | |
155.00-157.00 | 0.64% |
| 2rs Malt |
357.00-359.00 | |
373.00-375.00 | 0.33% |
| 6rw Malt |
330.00-332.00 | |
340.00-342.00 | 0.36% |
| Feed Barley |
138.00-140.00 | 0.71% |
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.
South Africa: Alcohol consumption up 13.6% in ten years, beer accounts for 77.7% of all alcohol consumed
...Click here
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UK: Continued growth of craft beer market expected to lead to more acquisition activity
...Click here
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Ireland: Craft brewers have huge potential to grow in Ireland
...Click here
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World: Risk of winter damage seems very small in the northern half of the world this year
...Click here
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EU: MARS expects only minor winter damage to crops in eastern EU
...Click here
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India: Brewers stress out strong need to delink beer from hard spirits as far as levying taxes is concerned
...Click here
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Kenya: Court orders Heineken not to terminate contract with three distributors until the case is heard and determined
...Click here
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Australia: New barley variety Alestar could offer good option for growers and maltsters in coming years
...Click here
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Malaysia: Imported craft beer slowly gaining an increasing number of admirers
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of February 2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOP FLAVOROMICS - THE SKY IS THE LIMIT
ABSTRACT
The continued release of novel hop varieties with
uniquely identifiable organoleptic characters is
evidence that the flavour potential of hops has not
been fully explored. Plus, the genetic basis of hop
organoleptic chemistry is relatively poorly understood.
A mapping cross containing 166 genotypes has been
established into two replicated field trials (Tasmania
and Victoria, Australia), separated by about 5 degrees latitude.
To date we have collected two years of data on
various parameters. Such data allows analysis of
genetic variation and genotype by site interactions.
However, the ultimate aim for the study is to obtain an
extended chemical phenotype of hop flavour volatiles,
polyphenols, glycosides, laboratory scale beer volatile
SPME profiles, and to integrate this with organoleptic
data. Successful completion of this hop flavoromics
study will allow the identification of quantitative
trait loci (QTL) in hop directly associated with beer
organoleptic traits.
Whittock, S.: Hop flavoromics for distinctive beer, , IHS Yakima, August 2015
Read more
Source: Barth Innovations
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These Days in Business History
22 February
1923 - Transcontinental airmail service begins
1989 - New York Lotto pays $26.9 million to one winner
2006 - Apple's iTunes store sells its 1 billionth song
23 February
1886 - Aluminum manufacturing process developed
1886 - London Times publishes world's 1st classified ad
1965 - Michael Dell is born. He later drops out of the University of Texas at Austin to found Dell Computer Corp. with the radical idea of assembling made-to-order computers
24 February
1921 - 1st transcontinental flight in 24 hours flying time
1986 - Texas Air buys Eastern Airlines for $676 million
1995 - Dow-Jones hits record 4011.74
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)
12: Festival de Cerveza Artesanal 2016 (San Jose, Costa Rica)
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)
18-19: Brewing Equipment and Technology 2016 (Birmingham, UK)
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)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
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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Brewery News
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World: Beer output variable worldwide last year
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Beer output in 2015 was variable worldwide, with some surprises, e.g. sales progress did not continue in China and Brazil, H. M. Gauger GmbH
...More info on site
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South Africa: Alcohol consumption up 13.6% in ten years, beer accounts for 77.7% of all alcohol consumed
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Data from the South African Wine Industry Information & Systems (Sawis) shows that South Africans are consuming 13.6% more alcohol than they were a
...More info on site
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UK: Continued growth of craft beer market expected to lead to more acquisition activity
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The continued growth of the UK craft beer market will lead to deals being struck between key players in the year ahead according to Scotland’s largest independent firm of chartered accountants and business advisers, Scotland Food and Drink reported on February 22.
Adam Hardie, Head of Food & Drink at Johnston Carmichael, whose firm works with a number of well-known craft beer brands including Stewart Brewing, Edinburgh Beer Factory and Speyside, spoke ahead of Craft Beer Rising. The annual industry event gives brewers the chance to meet potential trade buyers, and will be held in London later this month (26 – 27 February).
Hardie predicts continued growth with the launch of new breweries and consolidation across the sector in the coming year. “Consolidation is undoubtedly here. We are seeing, and will continue to see, big players with more investment behind them operating in the British craft brewing market. Last year Camden Brewing sold to AB InBev for £85 million which got everybody’s attention due to the high price achieved, whilst in Scotland Johnston Carmichael were recently involved in the sale of Broughton Ales.”
Hardie, who also helped with the formation The Brewers Association of Scotland (TBAS) last year, says there are many positive
...More info on site
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Ireland: Craft brewers have huge potential to grow in Ireland
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Craft breweries may be small but they have huge potential to grow in Ireland’s beer market, Seamus O’Hara, Chairperson of the Independent Craft Brewers
...More info on site
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Vietnam: Craft beer culture expanding in Vietnam
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“The Vietnamese love their beer, there’s no doubt about it. They’ve got an amazing beer culture,” says Sean Symons, a 42-year-old Australian and one of the first, if not the first, expat brewers to make craft beer here commercially, The Wall Street Journal reported on February 24.
They do indeed love their beer, consuming roughly 3.4 billion litres (nearly 900 million gallons) of it in 2015; it makes up about 98% of the country’s alcoholic drinks industry. Per capita consumption doubled between 2005 and 2011, thanks to Vietnam’s booming economy and the numbers reaching drinking age annually: about 1 million people.
Something new is filtering into this powerhouse market though: craft beer.
The vast majority of beer in Vietnam is cheap (the famous homemade bia hoi or fresh beer costs 22 American cents); it’s easy to drink in a hot climate (often served over ice); and it’s possible to drink a lot of it (3-5% alcohol content). “The Vietnamese have lived for so many decades with just lagers,” says Vietnam-based, Belgian native, beer-ingredient importer Gert Keersmaekers, 44. “This new middle class wants new things.”
Enter Western-style craft beer, with alcohol content sometimes past 10%, a rainbow of flavors and a price point to match
...More info on site
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India: Brewers stress out strong need to delink beer from hard spirits as far as levying taxes is concerned
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Indian beer makers have demanded that all the state governments should delink the beverage from hard alcoholic liquors as far as levying taxes is concerned, New Indian Express reported on February 22.
All India Brewers Association Director-General Shobhan Roy said the current policies pertaining to alco-bev sector in India are driving people towards consumption of hard spirits.
"There is a strong need to delink beer from hard spirits and rationalisation of taxes as per actual alcohol content to bring a slow but definite change in consumption pattern. Just like other parts of the world, the emphasis will then shift to not only controlling consumption but to reducing intake of more hard spirits," Roy said in a statement.
Additionally, the reach of low alcoholic beverages needs to improve keeping social objectives in mind and it is imperative to create better retail environment with focus on having beer only at outlets/restaurants and rationalise the number of outlets to commensurate with population, he said.
"It is time beer should be delinked from hard liquor in terms of perception, taxation, availability
...More info on site
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Kenya: Court orders Heineken not to terminate contract with three distributors until the case is heard and determined
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A court has ordered Dutch brewer, Heineken, not to terminate a contract with three companies based in Kenya, Uganda and Tanzania, Standard Media reported on February 23.
High Court Judge Erick Ogola ruled on February 22 that the firm should not terminate the deal until the case filed by Kenya's Maxam Limited, Uganda's Modern Lane Limited and Tanzania's Olepasu Limited is heard and determined.
"Pending the hearing and determination of this application, the defendants or any other person acting on their instructions are hereby restrained by an injunction from appointing any distributor for the distribution of the Heineken beer brand in Kenya, Uganda and Tanzania, being the business currently carried out by the applicants," Justice Ogola ordered.
The three contractors sued the beer maker, arguing it had no authority to cancel their licences and that it would affect their businesses. In a case filed by lawyer Phillip Nyachoti, the distributors argued that allowing the beer maker to terminate their contracts would also affect other companies from whom they have leased warehouses, lorries for transportation and sub-distributors to move the import products.
The distributors have sued Heineken International BV and its subsidiaries Heineken East Africa Import Company and Heineken Brouwerjen BV,
...More info on site
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Malaysia: Imported craft beer slowly gaining an increasing number of admirers
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Craft beer may not be making the sort of waves in Malaysia that it is in the United States, but there is a growing market and demand for craft beers in the country, Star2.com reported.
Where Malaysians used to only get beers from the two major breweries – Guinness Anchor Berhad and Carlsberg Malaysia, there is now a much bigger selection of beers from all over the world available in craft beer outlets such as Taps Beer Bar, The Great Beer Bar, Ales & Lagers, and Messrs Barley, Malt & Hops.
The number of Malaysians drinking craft beer has increased, thanks in part to events like The Better Beer Festival 2015, held at Taps Beer Bar.
“It’s hard to define what ‘craft beers’ are these days. It used to mean handmade and small batch, but these days it is not even that anymore,” says Kennhyn Ang, founder of two craft beer outlets in Kuala Lumpur – The Great Beer Bar in Damansara Utama, Petaling Jaya, and Ales & Lagers at Solaris Dutamas, Kuala Lumpur.
As the founder of beer blog Beerbeer.org, Ang was one of the early supporters of craft beer in Malaysia, so it is perhaps fate that led him from
...More info on site
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Barley News
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World: Risk of winter damage seems very small in the northern half of the world this year
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In spite of short local frost events the risk of winter damage seems very small in the northern half of the world. All forecasts
...More info on site
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EU: MARS expects only minor winter damage to crops in eastern EU
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MARS, the crop forecast department of the EU Commission, has “simulated” minor winter damage to the crops in the eastern EU, but maybe more
...More info on site
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Australia: New barley variety Alestar could offer good option for growers and maltsters in coming years
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A new barley designed for the malting market could offer a good option for Australian growers in coming years, Weekly Times Now reported on February 21.
Alestar, a barley variety which will be bulked up this year and be released extensively next year, has yield benefits over current varieties and is less likely to fall over, or lodge, than some other varieties.
That’s according to Elders seed manager Chris Willis.
Elders is marketing the new variety that, Mr Willis said, would be submitted to Barley Australia’s malting accreditation process next year, which is recognised as the required standard to determine which new barley varieties can be used for malting.
“We plan to put Alestar into the malting process. We are doing samples with the malting companies, and we aim to enter this in the barley malting accreditation process next year,” he said.
Mr Willis said in National Variety Trials and also their own company trials Alestar performed well, despite the dry season last year.
“It went well in the high rainfall region, the line has been tested for three to four years in that area,” he said.
“It was also tested in Elmore, where it was a bit drier and had a tough year and it yielded
...More info on site
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