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Flash Summary
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E-Malt.com Flash 13b
March 31 - April 03, 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 April 01, 2016 |
Base Currency: US Dollar
on April 01, 2016 |
| |
1 EUR = 1.1385 USD
1 EUR = 0.7916 GBP
1 EUR = 1.4738 CAD
1 EUR = 1.4807 AUD
1 EUR = 127.9000 JPY
1 EUR = 4.1174 BRL
1 EUR = 76.9207 RUB
1 EUR = 7.3514 CNY
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1 USD = 0.8805 EUR
1 USD = 0.6959 GBP
1 USD = 1.2967 CAD
1 USD = 1.3038 AUD
1 USD = 112.3900 JPY
1 USD = 3.5891 BRL
1 USD = 67.8552 RUB
1 USD = 6.4479 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 01, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
161.00-163.00 |  0.61% |
181.00-183.00 | 0.55% |
| 6rw Barley |
145.00-147.00 |  0.69% |
155.00-157.00 |  |
| 2rs Malt |
351.00-353.00 | 0.19% |
372.00-374.00 | 0.33% |
| 6rw Malt |
331.00-333.00 | 0.55% |
340.00-342.00 | |
| Feed Barley |
135.00-137.00 | 0.73% |
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.
EU: German barley malt production almost unchanged in July/November
...Click here
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China: Beer consumption totals around 25 mln litres in 2015
...Click here
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Brazil: March beer output down to the lowest level since 2010
...Click here
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USA: MillerCoors’ plan to close North Carolina brewery investigated by state authorities
...Click here
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Russia: Barley export in February 2016 smaller than a year ago
...Click here
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Ukraine: Barley sown on 954 thousand ha as of March 31
...Click here
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India: Vijay Mallya may offer his stake in United Breweries to Heineken to achieve settlement with lenders of Kingfisher Airlines
...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
31 March
1889 - 300m Eiffel Tower officially opens, commemorates French Revolution
1896 - Whitcomb Judson, Chicago, patents a hookless fastening, also know as the zipper
1917 - U.S. purchases Danish West Indies for $25M and renames them Virgin Islands
01 April
1778 - Oliver Pollock, a New Orleans businessman, creates "$" symbol
1826 - Samuel Mory patents internal combustion engine
1891 - The Wrigley Company is founded in Chicago, Illinois
1935 - India's central banking institution, The Reserve Bank of India is formed
1986 - World oil prices dip below $10 a barrel
1989 - Margaret Thatcher's new local government tax, the Community Charge (commonly known as the "poll tax"), is introduced in Scotland
2015 - Apple Inc. is formed by Steve Jobs, Steve Wozniak, and Ronald Wayne
02 April
1850 - City of Los Angeles incorporated
1875 - Walter P. Chrysler is born in Wamego, Kansas. He goes on to found the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co. in 1925 and to buy Dodge Brothers, Inc., in 1928
1911 - The Australian Bureau of Statistics conducts the country's first national census
1961 - The first patent for an integrated circuit is awarded to Fairchild Semiconductor's Robert Noyce, who later co-founds Intel Corp. with Gordon Moore
03 April
1783 - Sweden and U.S. sign a treaty of Amity and Commerce
1885 - Gottlieb Daimler is granted a German patent for his engine design
1948 - The U.S. Congress passes (and Pres. Harry S. Truman immediately signs) the Marshall Plan to finance the reconstruction of Western Europe after the devastation of World War II--helping to keep Communism at bay and laying the groundwork for the global economic boom of the 1950s
1981 - The Osborne 1, the first successful portable computer, is unveiled at the West Coast Computer Faire in San Francisco
1994 - Netscape Communications founded as Mosaic Communications
2008 - ATA Airlines, once one of the ten largest U.S. passenger airlines and largest charter airline, files for bankruptcy for the second time in five years and ceases all operations
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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EU: German barley malt production almost unchanged in July/November
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The latest malt production figures for the grain year 2015/16 as reported by H. M. Gauger GmbH are as follows:
German barley malt production in
...More info on site
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Brewery News
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China: Beer consumption totals around 25 mln litres in 2015
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The Chinese are officially drinking more beer than Americans—making them the world’s largest beer market, a new report by Euromonitor International says.
In 2015, China
...More info on site
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Brazil: March beer output down to the lowest level since 2010
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Last month, Brazilian brewers registered an 18% decline in beer output as compared to March 2015, Sicobe data showed on April 1.
The result is
...More info on site
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USA: MillerCoors’ plan to close North Carolina brewery investigated by state authorities
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North Carolina Attorney General Roy Cooper spoke at a Teamsters rally outside of the MillerCoors brewery in Eden, N.C., on March 31.
MillerCoors announced plans to close the Eden brewery in September 2015, just two days before merger talks between AB InBev and SABMiller became public. SABMiller and Molson Coors are co-owners of MillerCoors.
The Eden brewery is a large and efficient facility that accounts for approximately 12.5 percent of MillerCoors' beer production and nearly 4 percent of the entire U.S. beer market. The Teamsters believe that the timing of the closure announcement was not accidental, and the closure, if it takes place, may lead to higher beer prices.
At the rally, Cooper indicated that North Carolina is investigating the decision to close the brewery. He stated that his office has sent investigative demands and set up meetings with the companies involved. He also indicated that the state is working with the U.S. Department of Justice, which is overseeing the antitrust investigation of the AB InBev/SABMiller merger.
"This shutdown will be devastating for the brewery workers, their families and our whole community," said Vernon Gammon, Secretary-Treasurer of Teamsters Local 391, which represents the Eden brewery employees.
Cooper echoed the Teamsters' concern about job losses.
"This community
...More info on site
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India: Vijay Mallya may offer his stake in United Breweries to Heineken to achieve settlement with lenders of Kingfisher Airlines
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Troubled tycoon Vijay Mallya may offer his shares in United Breweries (UBL) to partner and Dutch beer giant Heineken to generate cash for a possible settlement with lenders of the defunct Kingfisher Airlines, the Times of India reported on March 31.
If the lenders respond positively, the latest development offers Heineken a clear opportunity to gain controlling ownership of UBL, the largest domestic brewer and the last big Indian company which Mallya helms.
Mallya's counsel made an offer before the Supreme Court to pay Rs 4,000 crore to settle with a consortium of banks fighting to recover unpaid loans. The proposal rests heavily on his ability to divest shares in UBL, in which Heineken owns nearly 44% while Mallya's holding is slightly above 32%.
"This offer will be met from two sources — shares in UBL and a residual stake in United Spirits. Mallya will have to offer shares to Heineken as the latter has pre-emptive rights on them," said a source close to Mallya on condition of anonymity.
The Supreme Court, depending on the response from the banks, will have to lift a lower court freeze on Mallya and his Indian investment company UB Holdings selling assets, the source added.
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Barley News
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Russia: Barley export in February 2016 smaller than a year ago
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Russia exported 261.7 thousand tonnes of barley in February 2016, which was 36% lower than in February 2015 (410.2 thousand tonnes), UkrAgroConsult reported on March 31.
The pace of barley exports from Russia in the current marketing year is nearly 4% lower than last season.
Since the beginning of 2015/16 MY, barley exports reached 3.599 mln tonnes compared to 3.744 mln tonnes during the same period in season 2014/15.
UkrAgroConsult estimates that the nation’s barley export capacity has been implemented by 86%. The analysts expect 20% exports reduction in the current season in comparison to season 2014/15 due to the decrease of barley production in Russia in 2015.
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Ukraine: Barley sown on 954 thousand ha as of March 31
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Ukrainian farmers had sown 1.27 million hectares of early spring grain or 50 percent of the initial area as of March 31, the agriculture ministry said on March 31.
The area included 954,000 hectares of spring barley, 90,000 hectares of wheat and 132,400 hectares of peas, the ministry said in a report.
The ministry said the spring grains, mostly maize and barley, could eventually cover about 7.5 million hectares, including 2.5 million hectares of early spring crops.
Analyst UkrAgroConsult said last month that Ukraine's grain harvest was likely to fall 10 percent to 52.2 million metric tons in 2016 due to a sharp drop in winter wheat output caused by poor weather during sowing.
The wheat harvest is likely to fall to 17.3 million metric tons this year from 24.8 million in 2015, the consultancy said.
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