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Flash Summary
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E-Malt.com Flash 44a
October 31 - November 02, 2016
Quote of the Week
Beer is an improvement on water itself.
Grant Johnson
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Currency Rates
Base Currency: Euro
on November 02, 2016 |
Base Currency: US Dollar
on November 02, 2016 |
| |
1 EUR = 1.1025 USD
1 EUR = 0.9017 GBP
1 EUR = 1.4730 CAD
1 EUR = 1.4341 AUD
1 EUR = 115.5700 JPY
1 EUR = 3.5239 BRL
1 EUR = 69.3647 RUB
1 EUR = 7.4631 CNY
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1 USD = 0.9088 EUR
1 USD = 0.8172 GBP
1 USD = 1.3398 CAD
1 USD = 1.3076 AUD
1 USD = 104.6900 JPY
1 USD = 3.2354 BRL
1 USD = 63.2025 RUB
1 USD = 6.7709 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 02, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
182.50-184.50 |  |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 |  0.61% |
| 2RS Malt (FOB Antwerp) |
379.00-381.00 |  0.15% |
| 6RW Malt (FOB Antwerp) |
355.50-357.50 | 0.19% |
| Feed Barley (FOB Creil) |
132.00-134.00 | 0.75% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
187.50-189.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 | 0.61% |
| 2RS Malt (FOB Antwerp) |
383.50-385.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,179.00-1,181.00 | 0.85% |
| Malting Barley (West) |
1,179.00-1,181.00 | 0.85% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,229.00-1,231.00 | 0.82% |
| Malting Barley (West) |
1,229.00-1,231.00 | 0.82% |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Molson Coors’ worldwide sales drop but profits rise in Q3
...Click here
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USA: MillerCoors third-quarter net income increases 9.6%
...Click here
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Japan: Kirin Holdings reports 36.6% rise in nine-month net income
...Click here
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Japan: Asahi Group Holdings nine-month net income declines 47.8%
...Click here
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Mexico: Constellation Brands to buy Mexico brewery from Grupo Modelo for $600 mln
...Click here
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Brazil: Brasil Kirin narrows operating loss in January-September this year
...Click here
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Nigeria: Guinness Nigeria Plc reports 6% revenue increase for Q1 of its financial year to September 2017
...Click here
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EU: Southeastern EU, northeast Baltic and Iberian Peninsula states more or less self-sufficient in malting barley this year
...Click here
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Portugal: Budejovicky Budvar wins another battle for Budweiser brand in Portugal
...Click here
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Ethiopia: New malting barley promises to revolutionize Ethiopia’s barley sector
...Click here
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Graph of the week
Table of the week
Italy Malt Production and Import 2010 - 2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW MUCH OF MY HOP AROMA
GOES INTO THE LINER?
ABSTRACT
This question was addressed by a German research
group. They compared different crown liner material
with highly hopped beer packaged in bottles. For all
measured hop components, the first 20 days showed
a high absorption curve of these aroma components in
the different liner materials. There was little difference
observed between those liner materials but it was
shown that the hydrocarbon components are especially
susceptible to quick sorption while terpenoids showed
minor migration tendency. Drink your beer before the
liners get all the delicious hop flavours!
Wietstock, P.: Scalping of hop volatiles from beer into crown cork liner polymers
Read more
Source: Barth Innovations
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These Days in Business History
31 October
1904 - King Camp Gillette patents the safety blade and razor
1938 - Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980
1952 - TV broadcasting begins in Belgium
2011 - The global population of humans reaches seven billion. This day is now recognized by the United Nations as Seven Billion Day
01 November
1512 - Michelangelo's paintings on ceiling of Sistine Chapel, 1st time exhibited
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
1894 - Vaccine for diphtheria announced by Dr Roux of Paris
1982 - Honda becomes the first Asian automobile company to produce cars in the United States with the opening of its factory in Marysville, Ohio. The Honda Accord is the first car produced there
1993 - The Maastricht Treaty takes effect, formally establishing the European Union
02 November
1927 - John Sainsbury was born, Chairman of J Sainsbury plc (the parent company of Sainsbury's Supermarkets Ltd) since 1969; English billionaire
1928 - Dupont introduces synthetic rubber
1992 - 1st test flight of Airbus A330
Agenda
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)
February 2017:
01-03: Finest Spirits 2017 (Munich, Germany)
04-05: Bruges Beer Festival 2017 (Bruges, Belgium)
10-12: Brau Kunst Live 2017 (Munich, Germany)
10-13: HoReCa 2017 (Athens, Greece)
17-19: Mondial de la Biere 2017 (Mulhouse, France)
18-21: Beer Attraction 2017 (Rimini, Italy)
22-25: CAMRA's National Winter Ales Festival 2017 (Norwich, UK)
23-25: Alltech Craft Brews & Food Fair 2017 (Dublin, Ireland)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
16-18: BeerX 2017 (Sheffield, UK)
24-26: Barcelona Beer Festival 2017 (Barcelona, Spain)
April 2017:
07-08: Helsinki Beer Festival 2017 (Helsinki , Finland)
10-13: Craft Brewers Conference & BrewExpo America 2017 (Washington, D.C., USA)
12-14: Siberian Beer 2017 (Novosibirsk, Russia)
22-23: Zythos Beer Festival 2017 (Leuven, Belgium)
May 2017:
14-18: EBC 2017 (Ljubljana, Slovenia)
16-19: Beer 2017 (Sochi, Russia)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
More events are available on site e-malt.com
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Brewery News
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World: Molson Coors’ worldwide sales drop but profits rise in Q3
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Molson Coors Brewing Co. saw its worldwide sales drop but saw profits rise in the third quarter.
The Denver-based beer giant reported on November 1
...More info on site
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Japan: Kirin Holdings reports 36.6% rise in nine-month net income
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Kirin Holdings Co., Ltd., a Japanese manufacturer of alcohol beverages and soft drinks, reported on October 31 that its nine-month net income attributable to
...More info on site
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Brazil: Beer production declines 2% in October
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Brazilian beer production totaled 12.542 million hectolitres in October, a 2 percent drop from the same month a year ago, according to data compiled
...More info on site
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USA: MillerCoors third-quarter net income increases 9.6%
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Molson Coors Brewing Company on November 1 reported that MillerCoors third quarter underlying net income, a non-GAAP measure, increased 9.6 percent to $377.5 million
...More info on site
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Japan: Asahi Group Holdings nine-month net income declines 47.8%
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Asahi Group Holdings, Ltd. said on November 2 its net income for the nine-month period declined 47.8 percent to 36.00 billion yen from last
...More info on site
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Mexico: Constellation Brands to buy Mexico brewery from Grupo Modelo for $600 mln
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Constellation Brands Inc, owner of Corona and Modelo beer, said on October 31 it would buy a brewery in Mexico from Grupo Modelo, a
...More info on site
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Brazil: Brasil Kirin narrows operating loss in January-September this year
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Brasil Kirin, the local subsidiary of the Japanese beverages giant, reported on October 31 an operating loss of 8.9 bln yen for the first
...More info on site
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Nigeria: Guinness Nigeria Plc reports 6% revenue increase for Q1 of its financial year to September 2017
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Guinness Nigeria Plc on October 28 announced a revenue increase of 6 per cent for the first quarter (July-September) of its financial year, The Eagle Online reported.
The company said the increase was driven in part by contributions from its new mainstream and international premium spirits business as well as the continuing growth of its value brands.
The financial statements released to the Nigerian Stock Exchange also showed that the company had a Loss After Tax position of N2.2 billion in the period.
Peter Ndegwa, the Managing Director/CEO of Guinness Nigeria, said the revenue growth was in spite of continuing challenges in the operating environment.
Ndegwa said: “The environment remains tough but we have seen contributions from our mainstream and international premium spirits brands as well as continuing growth of Satzenbrau. These were the key drivers of the 6% revenue growth recorded for the quarter. Our cost of sales was impacted by the high inflationary environment and continuing currency devaluation leading to a reduction in operating profit. The higher finance cost in the quarter is due to the impact of unrealized foreign exchange losses as a result of the currency devaluation.
“Going forward, innovation will continue to be a big part of our strategy us
...More info on site
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Poland: Polish beer exports up 19.8% in 2015
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Polish beer exports totaled EUR170.6 mln in 2015 achieving 19.8% increase versus 2014, Radio Poland reported on October 31.
According to the Union of Brewing Industry Employers in Poland director Danuta Gut, the increase can be explained, among other factors, by growing groups of Polish immigrants in the US and Canada.
The Netherlands are the No.1 importer of Polish beer followed by Germany and the UK.
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Portugal: Budejovicky Budvar wins another battle for Budweiser brand in Portugal
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Czech brewery Budejovicky Budvar says a Portuguese court has upheld a previous ruling prohibiting rival, Anheuser-Busch InBev, from selling beer under the Budweiser name in Portugal, Minneapolis Star Tribune reported on October 31.
State-owned Budvar has been fighting with Anheuser-Busch for over a century over use of the Budweiser brand name. The legal battle continued when Anheuser-Busch was taken over by Belgium's InBev in 2008 to create the world's largest brewer.
In a statement on October 31, the company said the court in Lisbon — Tribunal da Propriedade Intelectual — rejected AB InBev's challenge to an earlier 2014 ruling.
Budvar says the verdict is effective, and that another legal complaint filed by AB InBev, cannot delay it.
AB InBev's didn't immediately comment but has previously said sales of its beer under the BUD brand in Portugal have held up.
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Portugal: Government plans 3% beer excises hike
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Portugal’s government has announced its draft 2017 Budget which sets out plans to introduce a 3% increase in taxes for beer, spirits and liqueur wines, ESM reported on October 21.
The tax on the beers currently oscillates between €7.98 (0.5%-1.2% alcohol volume) and €28.06 (over 1.2% alcohol volume) per hectolitre.
From next year, it will range from €8.22 and €28.90.
Spirits will be taxed €1367.78/hectolitre (currently €1327.94), while the tax on liqueur wines will rise to €75.05/hectolitre (previously €72.86).
The Portuguese Association of Beer Producers (APCV) has expressed ‘deep disappointment’ with the new tax hike, arguing that the industry should be protected, as is the case with wine, which enjoys a zero taxation policy.
The draft budget also introduces a so-called ‘fat tax’, imposed on beverages with sugar and sweeteners, but excluding those made of milk, juices and fruit nectars.
The new tax rates will enter into force on 1 January 2017.
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Barley News
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EU: Southeastern EU, northeast Baltic and Iberian Peninsula states more or less self-sufficient in malting barley this year
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Countries in the southeastern EU, in the northeast Baltic region, and on the Iberian Peninsula are more or less self-sufficient in malting barley, H.
...More info on site
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Ethiopia: New malting barley promises to revolutionize Ethiopia’s barley sector
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A new high-yielding, pest-resistant variety of malting barley has the potential to revolutionize Ethiopia’s barley sector, helping to meet growing domestic demand, boost export earnings, and substantially raise farmer incomes, ReliefWeb reported on October 31.
Barley is a major crop across the Highlands of Ethiopia, where it is grown by approximately 4.1 million smallholder farmers on close to one million hectares (ha). The country is one of the major producers of barley in Sub-Saharan Africa, and has a growing malt beverage sector.
Yet, despite a favorable bio-physical environment, conventional varieties tend to be low-yielding - achieving yields of only 2 tons per hectare (t/ha) - and susceptible to pests and disease. This means that production can only meet 35 percent of domestic demand. Last year, Ethiopia was forced to import over 63,000 tonnes of malt, at a cost of 38 million USD.
The new release – Singitan – is resistant to shoot fly, a major pest in Ethiopia which can cause yield losses of up to 100 percent during shorter rainy seasons. It is also higher-yielding than local varieties – generating up to 4.1 t/ha - and demonstrates good malting qualities.
Released by the Sinana Agricultural Research Center of the Oromia Agricultural Research Institute
...More info on site
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