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Flash Summary
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E-Malt.com Flash 48b
December 01 - December 04, 2016
Quote of the Week
It takes beer to make thirst worthwhile.
German proverb
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Currency Rates
Base Currency: Euro
on December 02, 2016 |
Base Currency: US Dollar
on December 02, 2016 |
| |
1 EUR = 1.0627 USD
1 EUR = 0.8410 GBP
1 EUR = 1.4240 CAD
1 EUR = 1.4378 AUD
1 EUR = 121.3900 JPY
1 EUR = 3.6597 BRL
1 EUR = 67.6162 RUB
1 EUR = 7.3176 CNY
|
|
1 USD = 0.9421 EUR
1 USD = 0.7960 GBP
1 USD = 1.3388 CAD
1 USD = 1.3516 AUD
1 USD = 114.3000 JPY
1 USD = 3.4275 BRL
1 USD = 63.6807 RUB
1 USD = 6.8890 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 02, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
184.50-186.50 |  0.54% |
| 6RW Malting Barley (FOB Creil) |
161.00-163.00 | 0.61% |
| 2RS Malt (FOB Antwerp) |
382.00-384.00 | 0.17% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.18% |
| Feed Barley (FOB Creil) |
134.00-136.00 | 1.46% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
188.50-190.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 |  |
| 2RS Malt (FOB Antwerp) |
385.00-387.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
| EUR/T |
% |
| Average Malting Barley Price |
174.50-176.50 |  0.50% |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,189.00-1,191.00 | |
| Malting Barley (West) |
1,189.00-1,191.00 | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,239.00-1,241.00 | |
| Malting Barley (West) |
1,239.00-1,241.00 | |
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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.
UK: Q3 barley usage for brewing, malting, distilling down 0.3%
...Click here
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EU: Beer experiencing renaissance in Europe as both consumption and production increase in 2015
...Click here
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Brazil: Beer production down in November and in January-November
...Click here
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Australia: Chinese demand pushes up Australian barley prices
...Click here
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USA & Australia: ADM sells its 19.9% stake in GrainCorp
...Click here
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USA: More than 100 members of Congress ask the federal government for bigger hop research commitment
...Click here
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France & USA: Remy Cointreau acquires American single malt whiskey maker Westland Distillery
...Click here
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The Czech Republic: Pub beer prices may rise as government launches online sales-reporting system
...Click here
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Nigeria: Guinness Nigeria inaugurates spirit production line at its Edo brewery
...Click here
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UK: Craft beer accounts for almost 10% of the 100 hot brands for the pub sector
...Click here
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Graph of the week
Table of the week
EU Barley Malt Export
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
SELECT THE PRUNING DATE FOR HOPS CAREFULLY
ABSTRACT
It is easy to imagine that the harvest date has a
big influence on the hop oil content and hop oil
composition of the harvested hops. A couple of studies
have shown this already. These Japanese researchers
delved far deeper into factors influencing the final hop
aroma in hops and looked specifically at the variety
Saaz to determine if pruning date is important. By
collecting extensive data throughout four harvest
years in four different regions, they found that harvest
time was the most influential factor in determining
hop aroma characteristics among the various factors
in cultivation. They also found that the chemical compounds associated with floral, fruity, and citrusy characteristics are highly dependent on the harvest
time or pruning date. This is a further confirmation of
our Barth-Haas hypothesis – it seems that everything
you do matters in terms of flavour with hops!.
Inui, T.: A role of harvest time on aroma characteristics and related compounds in Saaz hop
Read more
Source: Barth Innovations
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These Days in Business History
01 December
1878 - 1st White House telephone installed
1910 - Continuous moving assembly line introduced by Ford (car every 2:38)
1959 - 1st color photograph of Earth from outer space
02 December
1816 - 1st savings bank in U.S. opens (Philadelphia Savings Fund Society)
1901 - Gillette patents 1st disposable razor
1927 - 1st Model A Fords sold, for $385
03 December
1621 - Galileo invents telescope
1967 - 1st human heart transplant performed (Dr. Christian Barnard, South Africa)
04 December
1619 - America's 1st Thanksgiving Day (Va)
1791 - Britain's Observer, oldest Sunday newspaper in world, 1st published
1851 - President Louis Napoleon Bonaparte forces crush a coup d'etat in France
1930 - Vatican approves rhythm method for birth control
1933 - Franklin Roosevelt creates Federal Alcohol Control Administration
Agenda
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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Malt News
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UK: Q3 barley usage for brewing, malting, distilling down 0.3%
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In Q3 2016, the UK brewers, maltsters and distillers used 447 thousand tonnes of barley, down 0.3% against the same period in 2015, Defra
...More info on site
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Brewery News
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EU: Beer experiencing renaissance in Europe as both consumption and production increase in 2015
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Beer is experiencing a renaissance in Europe, with 7,500 breweries and an industry that adds the equivalent of the GDP of Luxembourg annually to
...More info on site
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Brazil: Beer production down in November and in January-November
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Brazil’s beer output declined by 1.08 bln litres, or 3.7% in November as compared to the same month last year, Sicobe reported on December
...More info on site
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The Czech Republic: Pub beer prices may rise as government launches online sales-reporting system
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The Czech government launched an online sales-reporting system on December 1 for around 40,000 bars, restaurants and hotels in a bid to cut tax avoidance, but raising concern that prices will jump and many pubs at the centre of village life around the country will close, Reuters reported.
The "EET" system requires outlets to report every transaction online and print out a receipt that can be matched against its transaction database.
The Finance Ministry is hoping to bring in up to 660 million euros in extra tax revenue a year once the system is extended to all retail outlets over the next two years. The value-added tax on meals has been cut to 15 percent from 21 percent to help pubs bear the cost.
The chamber of commerce has been supportive of the law as it will help honest businesses. But small-business representatives say the costs of getting cash registers, Internet connections and running the system will be too high in an already stretched sector.
Plzensky Prazdroj, the largest brewery group and maker of Pilsner Urqell, said hundreds of pub customers have stopped ordering kegs, indicating that at least some were closing.
"It has been mostly smaller and countryside pubs, which do not serve hot
...More info on site
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Nigeria: Guinness Nigeria inaugurates spirit production line at its Edo brewery
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Guinness Nigeria plc has inaugurated a N4.8 billion spirit production line at its brewery in Edo State to begin local production of affordable spirit drinks that were previously imported, WorldStage reported on December 1.
Chairman of the company's Board of Director, Mr. Babatunde Savage disclosed at the inauguration that the move was to reduce its spending on imports and increase export with a view to generating foreign exchange.
Savage said more jobs would be created in the state as raw materials like maize and sorghum to be used for the new line would be sourced locally.
Savage also said the company was doing its best to survive in an environment he described as tough.
He said the company would appreciate an enabling environment under which it can grow its business, increase the number of people employed directly and indirectly and create shared prosperity for all its stakeholders.
"Today, we add to that strong heritage with the commissioning of our spirits production line in Nigeria – a first for Guinness Nigeria. What this means is that we are able to offer a wider variety of products to our consumers at a more affordable price point,” he said.
"Our commitment is that we are here to stay. We
...More info on site
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UK: Craft beer accounts for almost 10% of the 100 hot brands for the pub sector
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Almost 10% of the 100 hot brands for the pub sector in the UK have been taken by craft beer brands, The Morning Advertiser reported on November 30.
The nine beers – Shipyard American Pale Ale, Dark Star Hophead, Meantime Pale Ale, Camden Town Pale Ale, BrewDog Punk IPA, Camden Hells Lager, Innis & Gunn Lager, Samuel Adams Boston Lager, and Brooklyn Lager, made it into the Drinks List: Top 100 Brands.
This is the first top 100 brands list, compiled by The Morning Advertiser in association with research firm CGA Strategy. The list looked at both alcoholic and soft drinks, ranking the brands on the basis of consumer preference and sales metrics.
BrewDog IPA came in as the top craft beer in the listings, with the ‘punk revolution’ leading the charge in the craft beer category.
This was followed by Shipyard American Pale Ale, which Marston’s brews in the UK in collaboration with US-based Shipyard Brewing Company. Marston’s puts the popularity down to the beer being “special and unique” to capture people’s attention.
Next was Camden Pale Ale, which has caught consumer attention and could have been boosted by its wider distribution following AB InBev’s acquisition of the brewer.
Samuel Adams Boston Lager ranks
...More info on site
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Barley News
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Australia: Chinese demand pushes up Australian barley prices
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Chinese demand has pushed up Australian barley prices by A$10-16 a tonne in the past month, the Weekly Times Now reported on December 1.
Malt barley prices have jumped by about A$16/tonne two months ago to A$212/tonne delivered Geelong, while feed barley has increased A$12/tonne from early October to A$177.
Emerald Grain south east Australia regional manager Brad Cullen said Chinese demand for barley had lifted the feed market, along with a fall in the Australian dollar. The Australian dollar has dropped about US1c in the past month and on Monday, November 28 was at US74c.
“Chinese demand is starting to line up and it’s spurring barley demand, along with harvest pressure,” he said.
CBH Group reported growers selling feed barley for $200/tonne free in store last week.
“Interest has picked up from customers within China and there’s also the possibility of seeing Saudi Arabia in the market early in the New Year,” CBH trading general manager Jason Craig said.
Canola values have also lifted about A$23/tonne since early October and on November 28 non-GM canola delivered Geelong was worth A$540, but in Western Australia prices were even higher: free in store canola delivered Kwinana was being traded at A$580 on November 25.
The local canola price
...More info on site
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USA & Australia: ADM sells its 19.9% stake in GrainCorp
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U.S. agricultural commodities trader Archer Daniels Midland (ADM) has sold its 19.9 per cent stake in GrainCorp to underwriters UBS, just three years after a failed bid to wholly acquire the Australian grain handler, ADM said on December 1.
The sale to the Swiss bank was valued at A$387 million (C$382 million), or A$8.53 (C$8.42) a share, ADM said.
ADM’s A$2.8 billion bid to buy Australia’s largest listed grain handler was blocked by government regulators in 2013 near the peak of a grain market boom.
Commodities prices have since tumbled and ADM and rival agribusinesses are focusing increasingly on higher-margin businesses such as natural food ingredients and specialty commodities to boost slumping returns.
“This transaction will allow us to further reduce our invested capital, and it will provide cash that we can redeploy to higher-return investments,” ADM CEO Juan Luciano said in a statement.
ADM had been shopping its GrainCorp stake this year, but was unable to find a buyer for the entire stake and canceled the sale process in July 2016, sources said.
GrainCorp’s Canadian grain handling and processing assets include Calgary-based malt processor Canada Malting, which GrainCorp acquired in 2009 when it took over United Malt Holdings.
GrainCorp late last year also announced a joint
...More info on site
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Hops News
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USA: More than 100 members of Congress ask the federal government for bigger hop research commitment
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More than 100 members of Congress are asking the federal government to increase its commitment to research related to growing hops, AP reported on December 1.
The lawmakers say the brewing industry generated more than $250 billion in economic activity in 2014.
Yakima Valley Hops and Brew Supply owner John Snyder said that the hop industry was kind of a hidden giant up until it started to generate billions of dollars.
With most of the nation’s hops being grown in the Yakima Valley he hopes that government doesn’t get involved just to add more regulations and gain revenue.
"If the state wants to get more involved in hop production that's great I mean if that means more money to our public breeding program that's amazing, if their saying mites and they want something that's more pest resistant and higher yields, naturally that's what a farmer wants anyway," said John Snyder.
According to the Washington Beer Commission the Yakima Valley contains approximately 75-percent of the total hop acreage in the U.S. with an average farm size of 450-acres.
"Now with all this big publicity that we're getting we're starting to see more agencies turning their head and saying oh wait we need more regulation,
...More info on site
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Whisky News
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France & USA: Remy Cointreau acquires American single malt whiskey maker Westland Distillery
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French spirits group Remy Cointreau, the maker of Remy Martin cognac, struck a deal to buy American single malt whiskey maker Westland Distillery, in order to expand its portfolio of premium spirits, domain-b.com reported on December 2.
Remy Cointreau, a producer of cognac, liqueurs and spirits, did not disclose the financial terms of the deal, which is expected to close before the end of the year.
With this acquisition, Rémy Cointreau said that it will expand its portfolio further into the fast growing high-end single malt whisky category.
Based in Seattle, Washington, Westland Distillery produces whiskey with a distinct American single malt style.
Westland boasts a portfolio of high-end single malts, with a price range of between $70 and $125.
Rémy Cointreau said, ''Westland's mission is to produce world-class American single malt whiskey. Rooted in one of the world's best possible climates for barley, Westland crafts a truly authentic single malt whiskey with a sense of place.''
''The distillery is firmly committed to pushing the category of single malt whiskey forward by utilising new varietals of barley and oak, exploring concepts such as terroir, and championing distinctiveness,'' it added.
The Rémy Cointreau Group, whose origins date back to 1724, is the result of the 1990 merger of
...More info on site
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