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E-Malt.com Flash 33b August 18 - August 21, 2016
Quote of the Week
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Chuck Noll
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Currency Rates
Base Currency: Euro on August 19, 2016 |
Base Currency: US Dollar on August 19, 2016 |
|
1 EUR = 1.1321 USD
1 EUR = 0.8607 GBP
1 EUR = 1.4524 CAD
1 EUR = 1.4766 AUD
1 EUR = 113.6000 JPY
1 EUR = 3.6484 BRL
1 EUR = 71.9371 RUB
1 EUR = 7.5066 CNY
|
|
1 USD = 0.8834 EUR
1 USD = 0.7630 GBP
1 USD = 1.2812 CAD
1 USD = 1.3011 AUD
1 USD = 100.0600 JPY
1 USD = 3.2121 BRL
1 USD = 63.5487 RUB
1 USD = 6.6291 CNY
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Currency Rates Chart
Average Market Prices Change Trend
August 19, 2016 |
Type |
Crop 2016 |
EUR |
% |
2rs Barley |
189.50-191.50 | 0.52% |
6rw Barley |
172.00-174.00 |  |
2rs Malt |
386.00-388.00 | 0.32% |
6rw Malt |
365.00-367.00 |  |
Feed Barley |
138.00-140.00 | 0.71% |
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: Europe remains the world's largest exporter of malt
...Click here
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China: China Resources Beer Holdings Co. reports 45% increase in first-half profit from continuing operations
...Click here
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USA: Kirin to deepen partnership with AB InBev in hopes to increase US sales
...Click here
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World: Malting barley a very special item in 2016/17
...Click here
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Mercosur: Barley plantings went well in Brazil and Uruguay but Argentina’s sowing is hindered by rains
...Click here
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Azerbaijan: Baltika-Baku reports 25% decline in H1 beer output
...Click here
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USA: MillerCoors to invests $60 mln to expand its Virginia brewery
...Click here
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New Zealand: Tasman hop crop value projected to grow to NZ$30 mln a year by 2020
...Click here
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India: Carlsberg India managed to more than double its business during Michael Jensen’s three-year leadership
...Click here
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India: Ban on liquor in state of Bihar forces Carlsberg to consider pulling out
...Click here
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Belgium: The Belgian Home-brewers Association adding new members every week
...Click here
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Graph of the week
Table of the week
World Hop Area and Production 2013 - 2015
Prices Evolution
Barley Prices
Theoretical Malt Prices

Scientific Digest
HOPS DO NOT NECESSARILY
NEED TO TOUCH BEER FOR
DRY HOPPING PURPOSES
ABSTRACT
A German research team that came up with the idea of
extracting hop aroma into beer by applying a combined
desorption/absorption process. The process-dependent
mass transfer was predicted using two different
approaches: a thermodynamic approach, and response
surface modelling. The methods offer the following
advantages: no beer losses, no clarification steps
needed, potential reuse of hops for bittering. Using
response surface methodology was clearly superior
as compared to calculating the mass transfer using
thermodynamic approximations.
Klie, R.: Feasibility and Optimization of a Novel Desorption/ Absorption Process for
Transferring Hop Volatiles into Beer, poster presentation at the Trends in Brewing Conference,
April 2016, Ghent.
Read more
Source: Barth Innovations
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These Days in Business History
18 August
1868 - French astronomer Pierre Janssen discovers helium
1904 - Max Factor Jr was born, CEO (Max Factor Cosmetics)
1937 - 1st FM radio construction permit issued (W1X0J (WGTR) in Boston MA)
1952 - Patrick Swayze was born in Houston Texas, actor/dancer
1960 - 1st photograph bounced off a satellite, Cedar Rapids, Iowa
19 August
1888 - 1st beauty contest (Spa, Belgium), 18 year old West Indian wins
1897 - 1st electric taxi's drive in London
1946 - Bill Clinton was born, the 42nd US President. (Former Little Rock Attorney)
20 August
1741 - Alaska discovered by Danish explorer Vitus Bering
1896 - Dial telephone patented
1960 - USSR recovers 2 dogs, 1st living organisms to return from space
21 August
1897 - Oldsmobile begins operation as a General Motors Corp division
1975 - U.S. lightens trade embargo against Cuba
1991 - Communist coup is crushed in U.S.S.R. in 2 days
Agenda

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
Malt News
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World: Europe remains the world's largest exporter of malt
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Apart from lower beer sales in Brazil and China, the continents of Central/South America, Africa and Asia remain the positively developing beer markets of
...More info on site
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Brewery News
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China: China Resources Beer Holdings Co. reports 45% increase in first-half profit from continuing operations
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China Resources Beer Holdings Co., maker of the world’s top-selling brew, reported on August 19 605 million yuan (US$91 million) in profit for the
...More info on site
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USA: Kirin to deepen partnership with AB InBev in hopes to increase US sales
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Kirin Holdings will deepen an American sales partnership with Anheuser-Busch InBev, tapping into the larger beverage group's distributor network in hopes of gaining more market share for its Kirin Ichiban brew, Nikkei Asian Review reported on August 18.
Tokyo-based Kirin aims to double its beer sales volume in the U.S. by 2021.
Kirin works with the world's biggest beer company in Japan and abroad. In Japan, AB InBev licenses Kirin to brew and sell such beers as Budweiser. In the U.S., it produces and sells Ichiban for its Japanese partner.
With their U.S. licensing agreement up for renewal at year-end, the two companies are planning changes. Employees of Kirin Brewery of America will be transferred to AB InBev under the new arrangement. There, they will form a special marketing team for Ichiban.
Ichiban will take its place alongside other priority brands in AB InBev's import lineup, such as Stella Artois and Hoegaarden. Until now, the brew with the mythical Chinese beast on its label - sold as Ichiban Shibori in Japan - has gotten lost among the 300-plus beer brands that AB InBev imports into the U.S.
In return, AB InBev will get a bigger cut than before of earnings on each beer sold. Kirin
...More info on site
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Azerbaijan: Baltika-Baku reports 25% decline in H1 beer output
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Baltika-Baku, which dominates on the beer market of Azerbaijan with a 75% share, reduced its production by 25% yoy in the 1st half of 2016, abc.az reported on August 19.
The company, part of Carlsberg Group, estimates that the beer market fell as a whole by 30% yoy because of the difficult macroeconomic situation and the impact of legislative regulations, which undoubtedly affected the profitability of the company.
"The manat devaluation (by about 90% against 2015) and the subsequent falling purchasing power of the population have become the main factors of declined sales. On the other hand, short-term effect of the law banning sale of excisable goods for cash, which led to stagnation of the entire sector during the first days of January 2016, has showed the technological unpreparedness of the market and caused an abrupt suspension of sales, after which the supply chain was restored only at the end of February," the company emphasized.
Baltika-Baku, however, notes that despite the steps being taken to promote business and the industry in general, the law banning cash payments for excisable products and introducing mandatory prepayment will create additional obstacles for the industry.
"We back government’s steps to ensure transparency of trade turnover. However, the technical
...More info on site
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USA: MillerCoors to invests $60 mln to expand its Virginia brewery
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Virginia Governor Terry McAuliffe announced on August 19 that MillerCoors, a joint venture between SABMiller and Molson Coors Brewing Company, will invest $60 million to expand its Shenandoah brewery, located in Rockingham County, WHSV reported.
The brewery is the newest in the MillerCoors network and is used to service Northeast markets. The project is slated to create 27 new jobs for the area.
“Virginia continues to solidify its status as a leading state for the brewing industry,” said Governor McAuliffe. “MillerCoors has been present in Rockingham County for nearly 30 years, providing quality jobs. The Shenandoah Valley offers the ideal business climate and workforce needed to brew world-class beer that consumers can enjoy all over the country and world. I am thrilled to have MillerCoors as a partner in our work to build a new Virginia economy.”
“MillerCoors is proud to partner with Virginia on this expansion,” said MillerCoors’ Director of Media Relations Jon Stern. “Our Elkton facility has played a key role in allowing us to efficiently deliver high quality beer to Northeast markets. We look forward to continued success and growth in Rockingham County as we expand our state-of-the-art Shenandoah brewery.”
The Virginia Economic Development Partnership worked with Rockingham County and the
...More info on site
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India: Carlsberg India managed to more than double its business during Michael Jensen’s three-year leadership
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For 54-year-old Michael Jensen, who heads Carlsberg in India, it's not easy to sell products that mostly appeal to consumers half his age. Yet, in his three-year stint as the chief executive of the Danish brewer in India, he has managed to more than double the business to exceed Rs 1,000 crore in calendar year 2015, The Economic Times reported on August 19.
"It's not difficult if you are little young at heart. But you want to remind yourself constantly that what I know might not be what other people want. So listen to consumers," said Jensen. So far, he has his ears to ground. For a man with an MSc in Marketing, Market Analysis and Consumer Behaviour and another in International Business, Trade, and Tax Law, that shouldn't be difficult, even if the country is as diverse as India.
Unlike most other markets, where Carlsberg's top seller is the milder version of lager, Jensen has been focusing on brands such as Tuborg Strong and Elephant in India because strong beer accounts for 80% of country's overall sales volume of 300 million cases.
His bet seems to be paying off — while the Copenhagen headquartered firm is
...More info on site
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India: Ban on liquor in state of Bihar forces Carlsberg to consider pulling out
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Michael Jensen, CEO of Carlsberg India, has termed India as the most difficult market in the world, and you can't blame him for that, since Jensen has personally experienced how politics can make business run on its fingers, making investors vary of future projects, Business Insider India reported on August 19.
It was three years ago that Bihar CM Nitish Kumar had wooed Carlsberg to invest in the state, thus convincing it to set up a $25 million plant near Patna in 2014. However, after he was re-elected last year, he went on to ban liquor in the state, which led to the company's revenues falling and forcing it to consider pulling out, since there was no backup plan for this unexpected move.
"It was a sizeable market and investment but they decided to do prohibition in 12 hours," Jensen said.
Other than Carlsberg, Diageo Plc, United Breweries and Molson Coors are also worried about the ban since they have been running more than 70 distilleries and breweries in Bihar for over a decade now, which is an ideal market for these liquor companies, offering an abundance of raw materials (barley and wheat) and cheap labour.
In Bihar, sale of
...More info on site
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Belgium: The Belgian Home-brewers Association adding new members every week
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In a country where some 200 breweries produce well over 1,000 different beers, surely no one is considering brewing their own?
Wrong.
The Belgian Home-brewers Association, set up in June, already has 60 members and more are signing up each week, keen to exchange tips and get cheaper ingredients such as malt and hops by getting together to buy in bulk, Daily Mail reported on August 19.
"It's the taste of discovery, the taste of a well-made product, brewing is my passion," said Axel Henrard, the club's head, standing next to an intricate set-up of pots, heaters and hoses at his amateur brewery in a barn in southern Belgium.
Arnaud Laloy, 29, who started a tiny brewery in his garage, said: "I saw all the small breweries and thought, well, if they can do it as well as the big brewers I'm quite interested in trying it myself."
Members of the group gather online to discuss fermenting temperatures, brewing equipment and recipes, though Henrard, a psychologist by day, insists a recipe is no use without knowing how to brew.
"It's not the recipe which makes the beer," he said. "It is the way in which the brewer interacts with his equipment."
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Barley News
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World: Malting barley a very special item in 2016/17
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Malting barley in 2016/17 is a very special item: bad crop losses in the EU, especially in France, may exclude the EU as a
...More info on site
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Mercosur: Barley plantings went well in Brazil and Uruguay but Argentina’s sowing is hindered by rains
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Barley planting went well in Brazil, where 90 – 95,000 ha of barley have been seeded, and in Uruguay, where acreage estimates range from
...More info on site
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Hops News
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New Zealand: Tasman hop crop value projected to grow to NZ$30 mln a year by 2020
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The value of the Tasman hop crop is projected to grow to about NZ$30 million a year by 2020, driven by a rapidly growing craft beer industry in New Zealand and abroad, The Stuff.co.nz reported on August 19.
Staig & Smith resource management consultant Jackie McNae along with New Zealand Hops Limited chief executive Doug Donelan and the company's finance and commercial manager Steve Wilson, have urged Tasman District Council to give top priority to a review and expansion of the rural industrial zone along Blackbyre Rd to help with that growth.
McNae told a panel of councillors on August 19 at a hearing of submissions on proposed Plan Change 60 of the Tasman Resource Management Plan that Tasman was the only district in New Zealand growing hops on a commercial scale. More than 425 ha of hops was under production with plans for "significant expansion". The hop crop was projected to increase to about 600 ha by 2020, boosting its gross value from NZ$19 million to about NZ$30 mln.
After the hearing, Donelan stressed that total did not include any of the "significant" downstream value of the product.
McNae told the hearing panel that hops from the district were "highly valued" by craft
...More info on site
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