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Flash Summary
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E-Malt.com Flash 18b
May 05 - May 08, 2016
Quote of the Week
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Bob Hope
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Currency Rates
Base Currency: Euro
on May 06, 2016 |
Base Currency: US Dollar
on May 06, 2016 |
| |
1 EUR = 1.1439 USD
1 EUR = 0.7886 GBP
1 EUR = 1.4665 CAD
1 EUR = 1.5266 AUD
1 EUR = 122.5100 JPY
1 EUR = 4.0282 BRL
1 EUR = 75.5713 RUB
1 EUR = 7.4410 CNY
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1 USD = 0.8734 EUR
1 USD = 0.6898 GBP
1 USD = 1.2845 CAD
1 USD = 1.3372 AUD
1 USD = 107.1600 JPY
1 USD = 3.5393 BRL
1 USD = 65.8918 RUB
1 USD = 6.5014 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 06, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
155.00-157.00 |  0.64% |
173.00-175.00 | 1.14% |
| 6rw Barley |
142.00-144.00 |  |
152.00-154.00 | |
| 2rs Malt |
344.00-346.00 | 0.36% |
362.00-364.00 | 0.67% |
| 6rw Malt |
328.00-330.00 | |
336.50-338.50 | |
| Feed Barley |
132.00-134.00 |  0.76% |
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.
Australia: Australia’s antitrust regulator clears AB InBev’s takeover of SABMiller
...Click here
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UK: SIBA welcomes reports of stability of beer sales in Q1
...Click here
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South Africa: South Africa’s competition watchdog granted extra five days to study AB InBev’s takeover of SABMiller
...Click here
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Canada: Barley stocks seen a bit lower than last year
...Click here
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France: Barley exports outside EU reach 450 thousand tonnes
...Click here
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Brazil: Ambev inaugurates new brewery in the state of Parana
...Click here
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USA: Craft and Mexican beers are US beer industry’s best stories
...Click here
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Ethiopia: Foreign investments in Ethiopia’s beverage industry showing increase
...Click here
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Graph of the week
Table of the week
South America Barley Production, Imports, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
05 May
1715 - French manufacturer debuts 1st folding umbrella (Paris)
1921 - Miniature newspaper published (Brighton Gazette 10 x 13 cm)
1949 - Council of Europe forms
06 May
1851 - San Francisco Chamber of Commerce starts
1889 - Universal Exposition opens in Paris, Eiffel Tower completed
1927 - Academy of Motion Picture Arts and Sciences forms
1997 - The Bank of England is given independence from political control, the most significant change in the bank's 300-year history
07 May
1664 - Louis XIV of France inaugurates the Palace of Versailles
1955 - West Europe Union established
1979 - 5th UNCTAD-conference opens in Manila
1982 - IBM releases PC-DOS version 1.1
1998 - Mercedes-Benz buys Chrysler for $40 billion USD and forms DaimlerChrysler in the largest industrial merger in history
08 May
1888 - George Eastman patents "Kodak box camera"
1899 - Friedrich August von Hayek is born in Vienna (Nobel Prize in economics in 1974)
1929 - John Clifton Bogle, future founder of the Vanguard Group of Investment Cos., is born in Montclair, N.J.
Agenda
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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Brewery News
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Australia: Australia’s antitrust regulator clears AB InBev’s takeover of SABMiller
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Australia's antitrust regulator on May 5 cleared beer giant Anheuser Busch InBev SA's planned $100 billion takeover of rival SABMiller Plc, saying the deal would not adversely affect the domestic market, Economic Times reported.
"The ACCC considers that the proposed acquisition is unlikely to result in higher beer prices for consumers," Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims said in a statement.
The deal would not hurt competition in Australia because AB Inbev sold its beers in Australia only via distributors, "has only a limited direct company presence in Australia and does not brew beer here," the ACCC said.
The green light from Australia removes another potential antitrust obstacle to the world's No. 1 beer company's deal to buy its nearest rival, one of the biggest corporate takeovers on record. AB InBev has said it expects to complete the purchase by the end of 2016, but still has to secure antitrust clearance in Europe, where both it and its target are headquartered.
AB InBev is the No. 2 beer supplier in Australia, behind Lion Nathan, owned by Japan's Kirin Holdings Co Ltd.
The ACCC said AB InBev has until now had its beers, which include Corona, distributed in
...More info on site
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UK: SIBA welcomes reports of stability of beer sales in Q1
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The Society of Independent Brewers (SIBA) has welcomed reports of stability in terms of overall beer sales in the first quarter, Craft Beer World
...More info on site
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South Africa: South Africa’s competition watchdog granted extra five days to study AB InBev’s takeover of SABMiller
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South Africa's competition watchdog was granted on May 5 an extra five days to study Anheuser-Busch InBev's planned $106 billion takeover of SABMiller - a fifth extension that could delay the consumer industry's biggest ever deal, Reuters reported.
"There are several outstanding issues that should be considered. The merging parties are aware of these issues, and hence they have consented to the extension," Competition Commision spokesman Itumeleng Lesofe told Reuters.
The Commission was due to finish its investigation on May 5, after it was granted a 15-day extension. It has already extended the deadline four times.
The new deadline expires on May 12.
Drawn-out scrutiny by the South African regulator could frustrate the Budweiser brewer's goal of completing the acquisition in the second half of 2016 and delay reaping the financial benefits of combining the world's No.1 and 2 brewers.
Lesofe declined to elaborate on the Commission's concerns but said an additional five days might not be enough to address the outstanding issues.
In a bid to fast-track the regulatory probe of the deal, AB InBev, struck a deal with the South African government that included investing $66 million to support small farmers and freeze layoffs for five years.
South Africa has a history of taking
...More info on site
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Brazil: Ambev inaugurates new brewery in the state of Parana
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Brazil’s No. 1 brewer Ambev officially inaugurated on May 6 its new production facility in Ponta Grossa, state of Parana, Diario dos campos reported.
At the launch of construction, the investments in the new brewery were projected at 580 mln reais, but the final figure has amounted to 848 mln. The plant’s initial production capacity is reported at 380 thousand hl of beer per month.
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USA: Craft and Mexican beers are US beer industry’s best stories
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Heading into Cinco de Mayo, craft beer and Mexican beer brands are the U.S. beer industry’s best stories — and Constellation Brands knows that all too well, MarketWatch reported.
Before 2013, however, Constellation Brands Inc. didn’t brew a drop of beer. Sure, its Crown Imports subsidiary has had exclusive U.S. distribution rights to the Grupo Modelo brands — including Corona, Modelo, Negra Modelo, Pacifico and Victoria — since 2007 and had been distributing them in the Western U.S. since buying Chicago-based distributor Barton Beers in 1993. However, Constellation — a Victor, N.Y.-based purveyor of beer, wine and spirits — hadn’t produced a beer of its own until after the Department of Justice ruled that Anheuser-Busch InBev’s NV’s 2013 purchase of Grupo Modelo for $20.1 billion violated U.S. antitrust laws.
Constellation was awarded the U.S. rights to the Grupo Modelo brands and, after sealing a $4.75 billion deal with AB InBev in June 2013, began producing beer for the U.S. market at a facility in Nava, Mexico. By the middle of 2015, with a whole lot of help from Constellation’s beers, Nielsen noted that Mexican beer sales made up 7.8% of all U.S. beer sales by volume. Though their 10.2% growth from the
...More info on site
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Ethiopia: Foreign investments in Ethiopia’s beverage industry showing increase
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Foreign investment in Ethiopia's beverage industry is showing massive increase as multinational companies are increasingly attracted to the industry, according to the Ethiopian Food, Beverage and Pharmaceuticals Industry Development Institute.
The Institute says investment in alcoholic, non-alcoholic beverages and soft drinks as well as stimulants industry have shown a tremendous progress during the past decade.
Institute Beverage Processing Directorate Director Aklilu Kefyalew said multinational beverage companies are continuing to increase their presence in Ethiopia's rapidly growing economy.
"Hence, Ethiopia is attracting more investment as a business and world tourism destination, beverage investment has become the lucrative market for the wine and beer industry."
According to Aklilu, breweries are helping transform Ethiopia's business landscape with alcoholic beverage industries having a lion's share in terms of investment and market coverage.
By the end of the fiscal year, the country's export revenue from the alcoholic beverage industry is expected to hit USD 17 million. Over USD 6 million has already been secured during the past six months, he added.
In line with its policy of encouraging private investment, the Ethiopian government privatized state-owned breweries including Harar and Meta.
The Director said despite the rapid expansion of brewery investment, the inefficient supply capacity of malt factories has been a major constraint
...More info on site
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Barley News
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Canada: Barley stocks seen a bit lower than last year
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Statistics Canada in its May report pegs the nation’s barley stocks as of March 31 at 3.813 million, compared with 3.402 million in 2015.
Barley
...More info on site
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France: Barley exports outside EU reach 450 thousand tonnes
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France barley exports, outside the European Union, reached 450,000 tonnes in March, Western Producer reported on May 5.
Morocco was one of the main
...More info on site
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