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E-Malt.com Flash 28a
July 11 - July 13, 2016
Quote of the Week
The mouth of a perfectly happy man is filled with beer.
Ancient Egyptian wisdom
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Currency Rates
Base Currency: Euro
on July 13, 2016 |
Base Currency: US Dollar
on July 13, 2016 |
| |
1 EUR = 1.1092 USD
1 EUR = 0.8428 GBP
1 EUR = 1.4452 CAD
1 EUR = 1.4532 AUD
1 EUR = 115.2900 JPY
1 EUR = 3.6414 BRL
1 EUR = 70.9833 RUB
1 EUR = 7.4148 CNY
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1 USD = 0.9025 EUR
1 USD = 0.7616 GBP
1 USD = 1.3062 CAD
1 USD = 1.3152 AUD
1 USD = 103.6800 JPY
1 USD = 3.2951 BRL
1 USD = 63.9029 RUB
1 USD = 6.6879 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 13, 2016 |
| Type |
Crop 2016 |
| EUR |
% |
| 2rs Barley |
180.50-182.50 |  |
| 6rw Barley |
163.00-165.00 |  1.23% |
| 2rs Malt |
376.00-378.00 | |
| 6rw Malt |
355.00-357.00 | 0.70% |
| Feed Barley |
135.00-137.00 | 0.74% |
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.
USA: Craft beer sales estimated to be up almost 9% from the beginning of the year through May 15
...Click here
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USA: Imported beers enjoy 6.7% growth in sales in January – June
...Click here
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World: World grain crop forecast at 2.026 bln tonnes
...Click here
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EU: Barley crop expected larger this year but quality extremely variable
...Click here
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India: Diageo says to pursue Vijay Mallya to recover funds diverted from United Spirits
...Click here
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Japan: Kirin Brewery aims to double sales of imported whiskey by 2020
...Click here
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UK: Winter barley harvest starts in Norfold and Dorset and quality appears low
...Click here
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Japan: Blistering summer heat provides long-awaited boost to beer sales
...Click here
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Vietnam: Sapporo Holdings to begin marketing a low-cost beer in Vietnam
...Click here
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The Philippines: Philippines’ largest microbrewery continuing its success story
...Click here
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Graph of the week
Table of the week
World Hop Area 2015 - 2016(s)
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
INFLUENCE OF TEMPERATURE AND HOP AMOUNT ON EXTRACTION EFFICIENCY OF HOP OILS
ABSTRACT
This is currently a very big question for brewers - what
is the influence of the temperature during dry hopping?
Typically, brewers will utilize temperatures between
0-25 degrees C for dry hopping. A German research team
did a comprehensive trial with Cascade hops and
found that effects of temperature and hop dosage on
concentration of hop aroma compounds were different
for each compound that was investigated. Temperature
had an influence on dissolution of geraniol in beer,
while the transfer rate of myrcene exhibited a strong
dose-response as hop dosage mass increased with no
temperature influence.
Read more
Source: Barth Innovations
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These Days in Business History
11 July
1934 - FDR became 1st pres to travel through Panama Canal
1962 - 1st transatlantic TV transmission via satellite (Telstar I)
1972 - The first game of the World Chess Championship
1985 - Coca-Cola announces the return of Coke Classic after the company had tried displacing the old formula with New Coke
12 July
1793 - The world's first optical telecommunications network is launched
1854 - George Eastman is born, future founder of "Kodak"
1859 - Paper bag manufacturing machine patents by William Goodale, Massachusetts
13 July
1568 - Dean of St. Paul's Cathedral perfects a way to bottle beer
1852 - Wells, Fargo & Co. is founded by Henry Wells and William G. Fargo
1898 - Guglielmo Marconi patents radio
Agenda
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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USA: Craft beer sales estimated to be up almost 9% from the beginning of the year through May 15
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After experiencing incredible growth in recent years, there are reports that sales of craft beers are slowing in 2016, Seeking Alpha reported on July 11.
After 19% growth in 2014 and 13% growth by volume in 2015, research firm IRI Worldwide reported that craft beer sales are up 6.5% by volume so far this year.
Bart Wilson, chief economist for the industry trade group The Brewer's Association, says that part of the lower figure is due to how market data is gathered. For instance, IRI includes Blue Moon and Shock Top beers in their calculations. These beers are owned by Coors and Anheuser-Busch InBev, which are a far cry from craft brewers. Excluding those types of brewers, the number climbs to 8.9% growth through May 15. Still, according to Wilson, "If it's 6 percent or 10 percent, that's a number that many industries in the U.S. economy would kill for."
Some big brewers, namely The Boston Beer Company, have seen sales dampened by the emergence of hundreds of new small craft brewers. In general, the maker of Sam Adams beer and Angry Orchard cider is regarded as a founder of the craft brew movement and the biggest craft beer maker in the
...More info on site
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USA: Imported beers enjoy 6.7% growth in sales in January – June
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Over the first six months of 2016, imported beers enjoyed stronger growth than craft brews, suggesting a change in consumer tastes in the US, Fox Business reported on July 12.
Imports may become the new king of beers. While the industry as a whole is on track to decline for the third time in four years, imported beer is showing the kind of strength that was once reserved for craft beers. While that segment's death has been greatly exaggerated, imported beer is now outselling craft over the first six months of 2016 and may be the new big beer trend.
Constellation Brands recently reported its first quarter earnings that showed it enjoyed 15% growth in the period, driven almost wholly by its portfolio of Grupo Modelo beers, primarily Corona.
According to the analysts at market research firm IRI, import beer grew 6.7% in the first two quarters of the year, surpassing the 6% increase achieved by craft brews. While that's down slightly from the 8.7% jump imports saw in the same period a year ago, it puts the category firmly ahead of craft beer, which had surged 17% in 2015.
It's clear beer of all kinds are struggling to maintain their momentum against the
...More info on site
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Japan: Blistering summer heat provides long-awaited boost to beer sales
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As blistering summer heat has arrived, breweries in Japan are increasing production while daily goods makers are examining output hikes for their antiperspirants, The Japan News reported on July 11.
At Tokyo-based supermarket chain Summit Inc., sales of beer in the week through July 3 surged by 20 percent from a year earlier, and those of ice cream and other ice products by 50 percent.
Summit’s flagship store in the Seijo district in Tokyo’s Setagaya Ward has expanded its selling space for beer.
Moves to increase beer and quasi-beer production are spreading among major Japanese breweries.
Asahi Breweries Ltd. will boost the production of beer and quasi-beer products by 10 percent from a year before this month.
Suntory Beer Ltd. plans a 10 percent beer output increase for the two months through August. Production hikes are also planned by Kirin Brewery Co. and Sapporo Breweries Ltd.
In addition, production will be raised by 40 percent for Asahi Soft Drinks Co.’s Wilkinson carbonated water and by 30 percent for Kirin Beverage Co.’s Nama-cha green tea.
Last year, temperatures dropped from the middle of August and summer sales lost their vigor.
“We hope that the heat wave will continue throughout this summer,” a major beer firm official said.
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Vietnam: Sapporo Holdings to begin marketing a low-cost beer in Vietnam
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Sapporo Holdings will begin marketing a low-cost beer brand in Vietnam later this month, joining other rivals seeking to develop one of the few growing middle-class markets, Nikkei Asian Review reported on July 12.
The new label launches July 28 and is expected to sell for 13,000 dong to 15,000 dong (58 cents to 67 cents) per 330mL can at volume retailers. This is the equivalent of around 19 cents cheaper than the mainstay Sapporo Premium lager sold in that market.
While Sapporo Premium conveys a touch of class from a Japanese brewer, the new brand will offer a refreshing taste for drinkers in Vietnam's tropical environs. The company apparently aims to sell some 150,000 cases this year.
The new product will target the middle class. In Vietnam, people commonly eat at food stands and large cafeteria-style restaurants. These establishments sell the mid- to low-priced brews that account for 90% or so of the beer market.
Competition is increasingly fierce. The state-run Saigon Beer Alcohol Beverage Corp. specializes in selling the 333 brand and other low-cost beers priced at the rough equivalent of 50 cents. Dutch brewer Heineken is gaining fans with an expanded lineup, which includes the midpriced Tiger label. And Belgium's Anheuser-Busch
...More info on site
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USA: Big brewers agree to detailed beer labelling
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Anheuser-Busch, MillerCoors and other big brewers are backing an initiative to disclose a consistent listing of calories, carbs and other information on beer labels, St. Louis Post Dispatch reported on July 12.
Following debate on the issue stretching several years, the Beer Institute, a national trade group that lobbies on behalf of the country's largest brewers, announced the 'Brewers Voluntary Disclosure Initiative' on July 12.
The initiative encourages brewers to provide more information to consumers on beer labels, the group said, by disclosing calorie, carbohydrate, protein, fat, and alcohol content information on labels. The guidelines also include displaying a freshness date or date of production. Many brewers already disclose some of this information on beer labels.
The voluntary initiative doesn't say all ingredients should be disclosed on each label, however, a measure that some have backed. Instead, the initiative says ingredients should be either disclosed on labels, or the label should include a link or QR code that refers to a website with a list of ingredients.
Some participating brewers are making the changes immediately and the trade group said brewers and importers are encouraged to achieve compliance by the end of 2020.
HeinekenUSA, Constellation Brands Beer Division, North American Breweries
...More info on site
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The Philippines: Philippines’ largest microbrewery continuing its success story
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Rajesh Sadhwani is a beer connoisseur. Aside from loving this gentle alcoholic drink, he treasures the financial independence he derives out of the business his passion has led him to.
From importing premium beer for local distribution, Sadhwani now owns the Philippines’ largest microbrewery business as a natural complement to his growing distribution business of imported wines and beer spirit and an expanding chain of restaurants, the Manila Bulletin reported on July 12.
Sadhwani was studying at the Suffolk University in the US when the Asian financial crisis struck, doubling his tuition, forcing him to leave school and help the family’s Liquor and Tobacco Department for Duty Free Superstore, Inc. in Subic Freeport.
This experience gave him the idea to pursue a distribution business for imported spirits as he saw the growing demand for these products. And so, Booze On-Line, Inc. was born in 2000.
Booze has become one of the leading importers and distributors of premium wines and spirits and beers from other countries, mostly from Europe.
To have a steady outlet for his products, Sadhwani decided to venture into the restaurant business in 2008. It was named The Distillery, which showcased the widest selection of imported beers at that time. It was an
...More info on site
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Barley News
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World: World grain crop forecast at 2.026 bln tonnes
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The International Grain Council estimates the world grain crop of 2016/17 at 2.026 bln tonnes, 25 mln tonnes higher than last year, but 20
...More info on site
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EU: Barley crop expected larger this year but quality extremely variable
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Grain, particularly barley crops in the EU, look very large again, but also extremely variable, H. M. Gauger GmbH said in their July report.
...More info on site
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UK: Winter barley harvest starts in Norfold and Dorset and quality appears low
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Combines started rolling at the end of last week as winter barley crops were cut in Norfolk and Dorset with early yields looking reasonably good although quality appeared low, FarmersWeekly reported on July 11.
With unreliable harvest weather, cutting was sporadic over the weekend and from a scattering of results specific weight quality was disappointing with some crops below 60kg/hl.
Norfolk grower Michael Dennis started cutting the six-row winter barley feed variety Sequel on July 8 with yields estimated at 7.5 t/ha, and grain coming off the combine at a moisture level of 14%.
He cut 6 ha on Friday, July 8 and Sunday, July 10, with another 28ha still to go at his farm and contracting business at Kings Row Farm, North Pickenham, about three miles south-east of Swaffham.
“The crop has looked good but the weather has been rubbish,” he said.
All grain grown is fed through the farm’s pig unit, so there was little information on specific weights.
Further south, Dorset grower Calvin Hooper also started harvesting on July 8 with yields at about 8 t/ha at 15% moisture, but quality was lower than expected.
Specific weight was coming in at 57 kg/hl against a more normal 63 kg/hl, as the pinched grain dried
...More info on site
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Whisky News
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India: Diageo says to pursue Vijay Mallya to recover funds diverted from United Spirits
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Diageo, the British spirits group, intends to pursue Indian tycoon Vijay Mallya to recover an estimated Rs12 bln ($182 mln) in funds it said
...More info on site
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Japan: Kirin Brewery aims to double sales of imported whiskey by 2020
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Kirin Brewery aims to double sales of imported whiskey by 2020, the company said on July 5, hoping to quench the thirst of drinkers who have taken a liking to highballs as Japanese distillers experience whiskey shortages, Nikkei Asian Review reported.
The Kirin Holdings group company in August will add Johnnie Walker Green Label to the Scotch whiskies it imports from British distiller Diageo. Kirin, which sold 560,000 cases of Johnnie Walker Scotch whiskey in 2015, looks to at least double sales volume by 2020 with the addition of the higher-priced Green Label.
Other Japanese companies also are boosting whiskey imports. Suntory Spirits recently upped its 2016 sales target for Jim Beam bourbon from 500,000 cases to 550,000. The popularity of highballs helped boost January-June sales 49% above the year-ago period. By the end of 2016, the company aims to stock Jim Beam in 40,000 drinking establishments, up 60% from the end of last year.
Asahi Breweries will add an upscale Jack Daniel's whiskey July 26 that the company priced four times higher than the other Jack Daniel's products it imports from the U.S. distiller. Asahi sold 240,000 cases of Jack Daniel's products in 2015, and January-June sales were 14% higher than in
...More info on site
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