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Flash Summary
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E-Malt.com Flash 13a
March 28 - March 30, 2016
Quote of the Week
[I recommend] ... bread, meat, vegetables and beer.
Sophocles' Philosophy of a Moderate Diet
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Currency Rates
Base Currency: Euro
on March 30, 2016 |
Base Currency: US Dollar
on March 30, 2016 |
| |
1 EUR = 1.1194 USD
1 EUR = 0.7845 GBP
1 EUR = 1.4741 CAD
1 EUR = 1.4901 AUD
1 EUR = 127.1300 JPY
1 EUR = 4.0795 BRL
1 EUR = 76.8611 RUB
1 EUR = 7.2873 CNY
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1 USD = 0.8918 EUR
1 USD = 0.7003 GBP
1 USD = 1.3163 CAD
1 USD = 1.3227 AUD
1 USD = 113.3800 JPY
1 USD = 3.6353 BRL
1 USD = 68.7549 RUB
1 USD = 6.4875 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 30, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
162.00-164.00 |  |
182.00-184.00 | |
| 6rw Barley |
144.00-146.00 |  1.36% |
155.00-157.00 | 0.64% |
| 2rs Malt |
351.50-353.50 | |
373.00-375.00 | |
| 6rw Malt |
329.50-331.50 | 0.74% |
340.00-342.00 | 0.36% |
| Feed Barley |
136.00-138.00 | |
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.
Germany: German malt capacity real usage may be closer to 90% - analysts
...Click here
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China: Tsingtao Brewery reports 14% drop in 2015 earnings
...Click here
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The Netherlands: Craft beer consumption up 8% last year
...Click here
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Ireland: Beer exports up 10% last year with craft sector continuing to be a success story
...Click here
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China & Australia: China ending corn stockpiling and floor price policy, but Australian producers may still enjoy stable demand for barley from China
...Click here
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Canada: Malting barley crop reduced by rains at the time of harvest
...Click here
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The Philippines: San Miguel Corp plans to raise 15 billion pesos through preferred shares
...Click here
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Russia: Budweiser enjoying growth in Russia’s declining beer market
...Click here
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Ukraine: Barley export in February slightly below last year’s level
...Click here
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India: Vijay Mallya still has the right to choose his successor as chairman of United Breweries
...Click here
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Graph of the week
Table of the week
The Number of US Breweries 2009 - 2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 March
1797 - Nathaniel Briggs of NH patents a washing machine
1841 - 1st U.S. steam fire engine tested, New York City
1866 - 1st ambulance goes into service
29 March
1886 - Chemist John Pemberton begins to advertise for Coca-Coke
1888 - James E. Casey is born, founder of United Parcel Service
1918 - Sam Moore Walton, future founder of Wal-Mart, is born in Kingfisher, Okla
30 March
1858 - Pencil with attached eraser patented by Hyman L. Lipman
1867 - U.S. Secretary of State William H. Seward agrees to purchase the Alaskan territories from Russia for $7,200,000
Agenda
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:
02: Beer Boot Camp 2016 (Johannesburg, South Africa)
07-10: Artbeerfest 2016 (Caminha, Portugal)
09: Beer Boot Camp 2016 (Cape Town, South Africa)
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)
08-10: Brouwplus 2016 (Antwerp, Belgium)
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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Malt News
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Germany: German malt capacity real usage may be closer to 90% - analysts
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Last month, H. M. Gauger GmbH reported that capacity use in the German malting industry was 97% in 2015. The “official” statistical numbers were
...More info on site
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Brewery News
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China: Tsingtao Brewery reports 14% drop in 2015 earnings
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China’s second-largest brewer, Tsingtao Brewery Co., reported a 14 percent drop in 2015 earnings after an economic slowdown and a consumer shift to different
...More info on site
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USA: US craft beer export grows 16.3% in 2015
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The Brewers Association (BA) — the not-for-profit trade group representing small and independent craft brewers in the United States — reported on March 29 export growth data for the American craft beer industry in 2015. Supported by the BA’s Export Development Program (EDP), craft beer export volume increased by 16.3 percent in 2015, now totaling 446,151 barrels and worth $116 million.
Growth was seen in all major markets, most notably in Western Europe which saw a 33.4 percent increase. Ireland, the Netherlands, Thailand and Taiwan were the fastest growing markets in 2015.
Canada was again the leading international market for American craft beer, accounting for 51 percent of exports. Meanwhile, Sweden, Ireland and the United Kingdom each took a market share of approximately 10 percent. The top five was rounded out by Australia, which accounted for 4 percent of exports.
“Small and independent craft brewers are putting American beer on the global map,” said Bob Pease, president and CEO, Brewers Association. “There’s a growing thirst from beer lovers in countries around the world for bold, innovative products from American craft brewers. As the demand for American craft beer continues to grow abroad, the Brewers Association is pleased to support our
...More info on site
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The Netherlands: Craft beer consumption up 8% last year
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Consumers in the Netherlands drank more craft beer and radlers, last year. Consumption of radlers increased by 13 percent and of craft beers increased
...More info on site
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Ireland: Beer exports up 10% last year with craft sector continuing to be a success story
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Beer production remains an important sector within the Irish drinks industry in terms of indigenous manufacturing and the provision of jobs, Irish Examiner reported
...More info on site
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South Korea: 2015 beer imports hit record high
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Beer imports to Korea hit a record high in 2015, with a growing number of Korean consumers turning to low alcohol beverages and seeking diversity, The Korea Herald reported on March 30.
According to the Korea Agro-Fisheries and Food Trade Corporation, Korea imported 170,919 tons of beer worth $141.9 million last year, a 43 percent increase in volume and a 27 percent increase in value of beer imports from the previous year.
The most popular imported beer was from Japan, which exported 46,244 tons to Korea in 2015, over a quarter of all beer imports.
Japan was followed by Germany, which exported 24,874 tons to Korea.
The Netherlands, which has had a strong hold on the Korean imported beer market with popular brands such as Heineken, was unseated from its third-place slot by China in 2015.
Last year saw a 70.6 percent increase in the volume of imported beer from China, bringing the total to 19,604 tons.
According to a report released by aT in December last year, beer was the fastest-growing import market among alcoholic drinks in the past five years.
Changing drinking trends among Korean consumers have led to higher consumption of drinks with low alcohol content such as beer. Imported beer, it
...More info on site
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The Philippines: San Miguel Corp plans to raise 15 billion pesos through preferred shares
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Philippine conglomerate San Miguel Corp plans to raise another 15 billion pesos ($324.92 million) through preferred shares or corporate notes in the first half of the year to refinance debts, company officials said on March 30.
San Miguel had said it would sell up to 73 billion pesos worth of preferred shares over three years, starting with the 30 billion pesos it issued this month.
The company continues to seek acquisitions to boost revenues. It kicked off an aggressive expansion in 2008, adding power, mining, telecommunications, oil refining and infrastructure to its stable of food, beverage and beer businesses.
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Russia: Budweiser enjoying growth in Russia’s declining beer market
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Budweiser is enjoying an unlikely source of growth in Russia’s declining beer market, even as the all-American brand continues to struggle at home, Bloomberg reported on March 30.
In a country where brewing output has fallen more than 30 percent since 2008, the self-proclaimed King of Beers is growing sales at a double-digit pace, according to the head of owner Anheuser-Busch InBev NV’s Russian unit.
So what’s the deal? Unlike in the U.S. and Western Europe, Budweiser is pitched as a premium brand, boosting its appeal to a younger, more discerning Russian drinker. Yet it isn’t as expensive as some imported equivalents. By producing locally, AB InBev has been able to avoid the impact of the rouble’s drop against the dollar on the price of imported beers. Bud became Russia’s third-largest premium beer brand by volume last year, according to Nielsen estimates, placing it ahead of Heineken.
“Bud is a truly premium brand in Russia in terms of both pricing and user perception,” AB InBev country head Dmitry Shpakov said in an interview in his Moscow office.
AB InBev’s fourth-quarter results showed how the growth of premium brands such as Bud are helping its performance in Russia. Its beer volumes there declined by mid-single-digits
...More info on site
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India: Vijay Mallya still has the right to choose his successor as chairman of United Breweries
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Although Dutch brewer Heineken is the biggest stakeholder in United Breweries, joint venture partner Vijay Mallya has the right to choose his successor as chairman of the company, according to the terms of a 2009 agreement. That will need to be amended if Heineken wants to pick its own nominee, the Economic Times cited on March 28 several people aware of the matter.
Diageo, which controls United Spirits, recently reached a $75 million agreement with Mallya for his exit from the company. Mallya is under pressure from lenders and investigative agencies over more than Rs 9,000 crore in dues stemming from loans to Kingfisher Airlines, the carrier he promoted.
Heineken now has a 43 per cent stake in UB compared with Mallya's 32 per cent — in 2009, both had 37.5 per cent each. After raising its stake recently to 42.2 per cent for 24 million euros, Heineken said the move would not change UB's governance structure. However, analysts said the deal is being regarded by many as a possible move to take control of UB.
To be sure, relations between Mallya and Heineken are said to be cordial in the absence of any ownership or financial tussle between the
...More info on site
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Barley News
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China & Australia: China ending corn stockpiling and floor price policy, but Australian producers may still enjoy stable demand for barley from China
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Chinese agriculture officials have announced the end-date for the country's corn stockpiling and floor price policy, ABC Online reported on March 30.
Since 2007 the
...More info on site
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Canada: Malting barley crop reduced by rains at the time of harvest
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The Canadian crop of 2015 has withstood a long drought without a great effect on volume and quality, but then rains at the time
...More info on site
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Ukraine: Barley export in February slightly below last year’s level
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In February 2016, barley exports from Ukraine reached 24 thousand tonnes, which was slightly higher than during the previous month (21.8 thousand tonnes), but lower than in February 2015 (78.1 thousand tonnes), UkrAgroConsult reported on March 28.
Since the beginning of the current season Ukraine has exported 1.5% less barley than during the same period last season (3964.6 thousand tonnes against 4025.6 thousand during July-February 2014/15 MY).
Ukraine has managed to implement 97% of its barley export capacity during the eight months of the season. According to UkrAgroConsult estimates, about 150 thousand tonnes of barley may be exported by the end of the season. Another increase of supply is possible in April-May.
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 Hops News
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USA: Hops stock up 10% as compared to last year
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A 10 percent increase in inventory of U.S. hops over a year ago shows production is doing better toward meeting demand, an official with
...More info on site
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