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Flash Summary
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E-Malt.com Flash 23b
June 09 - June 12, 2016
Quote of the Week
I hated every minute of training, but I said, 'Don't quit. Suffer now and live the rest of your life as a champion.'
Muhammad Ali
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Currency Rates
Base Currency: Euro
on June 10, 2016 |
Base Currency: US Dollar
on June 10, 2016 |
| |
1 EUR = 1.1343 USD
1 EUR = 0.7844 GBP
1 EUR = 1.4459 CAD
1 EUR = 1.5250 AUD
1 EUR = 120.7200 JPY
1 EUR = 3.8378 BRL
1 EUR = 72.5682 RUB
1 EUR = 7.4405 CNY
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1 USD = 0.8799 EUR
1 USD = 0.6903 GBP
1 USD = 1.2708 CAD
1 USD = 1.3414 AUD
1 USD = 106.6600 JPY
1 USD = 3.3674 BRL
1 USD = 63.7402 RUB
1 USD = 6.5609 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 10, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
159.00-161.00 |  1.27% |
179.00-181.00 | 1.12% |
| 6rw Barley |
149.00-151.00 | 2.04% |
158.00-160.00 | 1.92% |
| 2rs Malt |
349.50-351.50 | 0.71% |
369.50-371.50 | 0.67% |
| 6rw Malt |
337.00-339.00 | 1.10% |
343.50-345.50 | 1.08% |
| Feed Barley |
144.00-146.00 | 1.40% |
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: Global beer category brand value estimated at USD76.1 bln this year
...Click here
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China: Investors bet on Chinese breweries benefiting from UEFA European Football Championship
...Click here
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World: Barley trade forecast for 2016/17 increased to 27.485 mln tonnes
...Click here
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Germany: Tettnang region hop area increases this year
...Click here
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Russia: Lawmakers pass law limiting plastic beer bottles size to no more than 1.5 litre
...Click here
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South Africa: Competition Commission’s approval of AB InBev, SABMiller deal protects craft brewers
...Click here
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Kenya: East African Breweries Limited announces appointment of new managing director
...Click here
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Graph of the week
Table of the week
Canada Domestic Beer Sales
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
PLAYING WITH EXTRACTION PARAMETERS TO GET THE RIGHT FLAVOR
ABSTRACT
CO2 is a very potent in extracting basically anything you need
from hops. This UK research team worked with different conditions
including liquid and supercritical CO2, as well as the addition of
other solvents, e.g. ethanol, to extract the many important aroma
fractions from hops. Each hop variety yields distinct oil fractions
and a combination of different varieties and fractions can of course
contribute to a wide portfolio of products. Also, the processing
of aged hops is feasible and possible undesirable flavours may be
eliminated in the process.
Marriott, R.: Fractionation of hop oils using CO2, oral presentation at the Trends in Brewing Conference, April 2016, Ghent.
Read more
Source: Barth Innovations
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These Days in Business History
09 June
1822 - Charles Graham patents false teeth
1869 - Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1959 - The USS George Washington is launched. It is the first submarine to carry ballistic missiles
1994 - Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
10 June
1977 - Apple Computer ships its 1st Apple II
1994 - Biggest European clock ever (9100 kg/(237) 2.5 m) at Aarle-Rixtel
1996 - Intel releases 200 mhz pentium chip
2002 - The first direct electronic communication experiment between the nervous systems of two humans is carried out by Kevin Warwick in the United Kingdom
11 June
1644 - Florentine scientist describe invention of barometer
1742 - Benjamin Franklin invents his Franklin stove
1816 - Gas Light Co of Baltimore founded
1998 - Compaq Computer pays US$9 billion for Digital Equipment Corporation in the largest high-tech acquisition
12 June
1849 - Gas mask patented by Lewis Haslett, Louisville, Kentucky
1928 - After more than 130 years of trading, the New York Stock Exchange finally has its first day on which more than 5 million shares trade hands, as total daily volume hits 5,252,425 shares
1972 - The fast food restaurant chain Popeyes is founded in Arabi, Louisiana
1991 - Microsoft releases MS DOS 5.0
1994 - The Boeing 777, the world's largest twinjet, makes its first flight
Agenda
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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World: Global beer category brand value estimated at USD76.1 bln this year
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According to the latest BrandZ Top 100 Most Valuable Global Brands 2016 report by Millward Brown, the beer category brand value is down 3%
...More info on site
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China: Investors bet on Chinese breweries benefiting from UEFA European Football Championship
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Investors are betting on Chinese breweries to score big, riding on the one-month UEFA European Football Championship, South China Morning Post reported on June 10.
“No beer, no football” and “Watch football, drink beer” are slogans used in advertisements that have already been seen everywhere in China, which boasts the world’s largest audience for the world biggest game. The one-month event will kick off in France starting Saturday Hong Kong time, with 24 national teams from around Europe competing to reach the final at the Stade de France in Paris.
“Breweries usually see their beer sales increase in the traditional peak season from June to August, not to mention during the European Championship,” Hanna Li Wai-han, a strategist at UOB Kay Hian Hong Kong said. “Speculators will certainly see the great football tournament as a new casino on expectation of a rally in breweries.”
Shares of the major breweries listed in Hong Kong jumped recently, with China Resources and Tingtao Brewery Company both gaining more than 6 per cent over the past fortnight.
“I think speculation on the European Championship is the main driver for their recent rise,” said Li. “And you may see a continuing but small gain for Chinese breweries in the
...More info on site
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UK: High excises hurting UK’s craft beer sector
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The UK has one of the most exciting craft brewing scenes in the world, but thanks to one of the highest beer excise taxes in the world, craft brewers are being held back and the English pub, an icon of the culture, is dying at an alarming rate, Munchies reported on June 8.
Britain’s Campaign for Real Ale (CAMRA), a consumer advocacy group, reports the number of breweries in the UK hit an all-time high last year, at 1,424. More than 200 breweries opened last year. With a population of 64 million, that means the UK has far more breweries per capita than the United States, the birthplace of the craft beer revolution that is spreading all over the world. There are more than 4,200 craft breweries in the USA, where the population is 301 million.
America’s craft brewing industry is thriving, with the leading breweries making millions of hectolitres of beer annually. Craft breweries in America have been very positive forces in communities across the nation. Many states and cities are actively courting craft brewers because they have been engines of economic development.
But the craft beer segment in the UK is tiny, thanks to a tax system that punishes any brewer
...More info on site
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Russia: Lawmakers pass law limiting plastic beer bottles size to no more than 1.5 litre
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Russian lawmakers on June 10 passed a law limiting the size of a plastic beer bottle to no more than 1.5 litre, Reuters reported.
The restrictions apply to beer and all other alcoholic beverages and come into effect on Jan. 1, 2017, for industrial production and from July 1, 2017, for retail sales.
The long-debated move, part of the government's efforts to curb drinking, adds to pressure on brewers whose sales have been falling in Russia over the past several years due to sales and advertising restrictions and tax hikes.
An economic recession has aggravated the slump, with leading brewers such as Carlsberg and Anheuser-Busch InBev being forced to reduce capacity or shut Russian plants.
Brewers in Russia sell nearly half their beer in plastic bottles, which are cheaper than glass, and bottles larger than 1.5 litres account for more than 20 percent of all beer sold in Russia, according to the Union of Russian Brewers' estimates.
Alcohol abuse causes around 500,000 premature deaths in Russia annually, according to Russia's consumer watchdog. Alcohol consumption in Russia remains among the highest in the world but in recent years consumption of beer had been increasing per capita.
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South Africa: Competition Commission’s approval of AB InBev, SABMiller deal protects craft brewers
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As Anheuser-Busch InBev (AB InBev) sails over the hurdles it must clear before gulping down SABMiller to form a company that would brew one in every three beers consumed globally, craft beer enthusiasts will be pleased to note that the South African Competition Commission has acted to protect their place in the SAB-branded fridge, eNCA reported on June 9.
SABMiller said at the beginning of this month that the Competition Commission of South Africa had recommended to the Competition Tribunal that its proposed combination with AB InBev be approved with conditions.
Terms underlying this recommendation included the establishment of a R1 billion development fund and the agreement to sell SABMiller’s 27 percent interest in JSE-listed Distell within three years. The parties also made pledges that there would be no merger-related job losses and that the new company would not depart from SABMiller’s popular policy of maximising local production.
The benefits of the R1 billion fund, with a mandate to invest in agricultural outputs (barley, hops and maize), as well as in the growth of emerging and black farmers, will bring cheers from way beyond the beer drinking market.
Particularly interesting for craft brewers is the commission’s recommendation that AB InBev be required to continue
...More info on site
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Kenya: East African Breweries Limited announces appointment of new managing director
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The East African Breweries Limited has appointed Andrew Cowan as its new managing director, taking over from Charles Ireland who has steered the brewer for three years, AllAfrica.com reported on June 10.
EABL, which is 50.02 per cent owned by UK multinational Diageo, has announced that Mr Cowan, a Briton, will be taking over leadership of the company beginning July 28.
Mr Cowan, who joined Diageo in 2008, has until now been the country director for Diageo in Great Britain (GB) following prior commercial director roles in Ireland.
"We are certainly pleased to have Mr Cowan at EABL, as an established global business leader in the FMCG business," Charles Muchene, the brewer's board chairman, said in a statement.
"We see him bringing in a lot of expertise and commercial leadership which will be a good fit for the business. This will help us consolidate on the good progress and solid foundation that we have built over the years," he added.
Mr Ireland, who was appointed EABL MD in April 1, 2013, leaves Kenya to take up the newly created role of general manager Great Britain, Ireland and France for Diageo. He will be based in London.
Prior to his appointment as EABL boss, Mr Ireland
...More info on site
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Barley News
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World: Barley trade forecast for 2016/17 increased to 27.485 mln tonnes
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Imports of feed grains (corn and barley) into the Middle East and North Africa (MENA) region have expanded over the last decade. This expansion
...More info on site
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Hops News
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Germany: Tettnang region hop area increases this year
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According to official statistics, total hop acreage in the most southern hop growing area in Germany, Tettnang, is up 45 hectares (+3.6%) this year, HGA Tettnang reported.
The region’s 135 farmers expect harvested area to amount to 1,282 hectares (2.3% of world hop acreage). Nearly 70% are noble aroma hops (like Tettnanger and Hallertauter Mittelfrueh), 17% are other aroma and new flavour varieties, and 13% are high alpha hops like Herkules.
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