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Flash Summary
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E-Malt.com Flash 50b
December 15 - December 18, 2016
Quote of the Week
By all means let's be open-minded, but not so open-minded that our brains drop out.
Richard Dawkins
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Currency Rates
Base Currency: Euro
on December 16, 2016 |
Base Currency: US Dollar
on December 16, 2016 |
| |
1 EUR = 1.0419 USD
1 EUR = 0.8360 GBP
1 EUR = 1.3902 CAD
1 EUR = 1.4109 AUD
1 EUR = 123.0300 JPY
1 EUR = 3.5298 BRL
1 EUR = 64.6139 RUB
1 EUR = 7.2262 CNY
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1 USD = 0.9552 EUR
1 USD = 0.7998 GBP
1 USD = 1.3319 CAD
1 USD = 1.3527 AUD
1 USD = 117.7600 JPY
1 USD = 3.3731 BRL
1 USD = 61.6368 RUB
1 USD = 6.9251 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 16, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
184.50-186.50 |  |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
382.00-384.00 | |
| 6RW Malt (FOB Antwerp) |
355.00-357.00 | 0.35% |
| Feed Barley (FOB Creil) |
136.00-138.00 | 0.74% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
189.50-191.50 | |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 | |
| 2RS Malt (FOB Antwerp) |
386.00-388.00 | |
| 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 |
175.50-177.50 | 0.55% |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,179.00-1,181.00 | |
| Malting Barley (West) |
1,179.00-1,181.00 | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,219.00-1,221.00 | |
| Malting Barley (West) |
1,219.00-1,221.00 | |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
Russia: Carlsberg sees Russian market bottoming out
...Click here
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Australia: Foster’s Group the only true loser from globalisation of beer industry – analysts
...Click here
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World: Barley usage estimated at around 145 mln tonnes in 2016/17
...Click here
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Canada: Barley crop quality saved by modern harvest and storage methods
...Click here
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Thailand: Craft beer movement in Thailand stifled by archaic law protecting interests of large firms
...Click here
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Japan: Suntory planning to increase its overseas whisky exports to 50%
...Click here
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UK: Heineken agrees to buy 1,900 Punch Tavern PLC pubs across the UK
...Click here
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USA & Japan: US Brooklyn Brewery to start brewing its lager in Japan in February
...Click here
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South Africa: AB InBev to sell SABMiller’s stake in Distell to state-owned pension fund
...Click here
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Jamaica & USA: Jamaican-brewed Red Stripe beer is back in the USA
...Click here
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Graph of the week
Table of the week
Asia Barley Imports, Production, Consumption, and Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
SPEBU - A NEW ALTERNATIVE
METHOD FOR BITTERNESS?
ABSTRACT
A combination of Solid Phase Extraction (SPE) to
the BU method was established already in 2011 by
Wietstock. Now after further optimisation and more
ring studies, this method is presented by a U.S.
researcher team. The accuracy is comparable to current
methodology and with no need for iso-octane is more
environmentally friendly and also economical.
Lafontaine, S.: update: Solid Phase Extraction of Isomerized Alpha Acids in Beer and
Subsequent Spectrophotometric Measurement
Read more
Source: Barth Innovations
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These Days in Business History
15 December
1792 - 1st life insurance policy issued in US (Philadelphia)
1832 - Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris)
1854 - 1st street-cleaning machine in U.S. 1st used in Philadelphia
1877 - Thomas Edison patents phonograph
1886 - For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares
16 December
1834 - Leon Walras French economist is born
1905 - Variety, covering all phases of show business, 1st published
1908 - 1st credit union in US forms (Manchester NH)
17 December
1770 - Ludwig Von Beethoven, composer is born in Bonn, Germany
1895 - George Brownell patents a machine to make paper twine (Mass)
1924 - 1st U.S. diesel electric locomotive enters service, Bronx, New York
1964 - Largest newspaper-Sunday NY Times at 946 pages
18 December
1796 - 1st U.S. newspaper to appear on Sunday (Baltimore Monitor)
1844 - Lujo [Ludwig J von] Brentano is born (German economist)
1897 - Fernand J Collin is born, Belgian economist/banker
1973 - The Islamic Development Bank is founded
1991 - General Motors announces closing of 21 plants
1997 - HTML 4.0 is published by the World Wide Web Consortium
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)
27-02 March: VLB Seminar for Brewers in Russia (Moscow, Russia)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
06-08: 104th Brewing and Engineering Conference (Munich, Germany)
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
16-19: BeerX 2017 (Sheffield, UK)
22-24: World Barley, Malt & Beer Conference 2017 (Vienna, Austria)
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)
18-20: Copenhagen Beer Festival 2017 (Copenhagen, Denmark)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
11-13: Brewing Conference Bangkok 2017 (Bangkok, Thailand)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
July 2017:
08: Beer Boot Camp 2017 (Johannesburg, South Africa)
15: Beer Boot Camp 2017 (Cape Town, South Africa)
26-28: Brasil Brau 2017 (Sao Paulo, Brazil)
August 2017:
04-06: The 21st International Berlin Beer Festival (Berlin, Germany)
08-12: The Great British Beer Festival 2017 (London, UK)
09-12: Vietfood & Beverage 2017 (Ho Chi Minh City, Vietnam)
September 2017:
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
23-24: Whisky Live Paris 2017 (Paris, France)
October 2017:
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
November 2017:
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Brewery News
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Russia: Carlsberg sees Russian market bottoming out
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In an interview to Bloomberg on December 16, Carlsberg chief executive officerCees 't Hart said the company was seeing signs of the decline in
...More info on site
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Australia: Foster’s Group the only true loser from globalisation of beer industry – analysts
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The unnecessary capitulation of Foster’s Group to foreign ownership made it the only true loser from the globalisation of the beer industry, argue the
...More info on site
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Thailand: Craft beer movement in Thailand stifled by archaic law protecting interests of large firms
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The increase in craft beer in Thailand faces an archaic law that protects the interests of large firms and has forced many brewers to cross the borders to ferment their drinks legally, the Latin American Herald Tribune reported on December 16.
During weekends, Koh Kret, an artificial island in Nonthaburi province, to the north of Bangkok, witnesses craft brewers from across the country coming together to share their latest creations at a local bar considered as the Mecca of craft beer.
“I have thrice had problems with the police. Three times they have tried to close the joint. All three times I asked the officials, are the laws fair? I don’t know how much time we have left, but I know that sooner or later change will come to Thailand,” Wichit Siklao, considered the dean of craft beer in the country, told EFE.
Brewing beer for private or commercial use is illegal according to a Thai law dating back to 1950, which stipulates fines of between 500 and 5,000 baht ($14-140) or up to six months of imprisonment for offenders.
However, the law allows for a special license for companies with a capital above 10 million baht ($280,000) and a production higher than 10
...More info on site
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UK: Heineken agrees to buy 1,900 Punch Tavern PLC pubs across the UK
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Heineken NV struck a £305 million ($383 million) deal on December 15 to nearly triple the number of pubs the Dutch brewer owns across the U.K., pushing further into a high-margin business that will allow it to sell more Heineken brands here, Reuters reported.
Heineken has agreed to buy 1,900 Punch Taverns PLC pubs from private-equity company Patron Capital Advisers LLP. The deal would follow Patron’s acquisition of Punch Taverns—which owns a total of about 3,000 pubs—in a transaction valuing the U.K.’s second-largest pub chain at £402.7 million. Heineken’s payment for its share of Punch’s pubs includes the assumption of £962.3 million in debt.
Heineken first entered the U.K. pub market in 2008 with its acquisition of Scottish & Newcastle’s operations here. It owns 1,049 pubs, which it says have helped it reach consumers directly, allowing it to test-market new draft beverages while learning what pub managers want. Pubs also are a higher-margin business than selling beer in the U.K. through other channels.
The December 15th’s deal would turn Heineken into the third-largest pub operator in the U.K.
Pub owners decide which beers are stocked and how they are showcased, so owning more pubs means Heineken will get to sell its brands — such
...More info on site
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USA & Japan: US Brooklyn Brewery to start brewing its lager in Japan in February
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New York-based Brooklyn Brewery will start producing lager in Shiga Prefecture in February under a partnership with Kirin Co. to tap into Japan’s growing craft beer market, the U.S. brewer’s CEO said Dec. 15.
Eric Ottaway told The Asahi Shimbun his company’s signature beverage, Brooklyn Lager, will be bottled at Kirin’s Shiga factory in Taga, mainly for delivery to restaurants and bars across Japan.
Brooklyn Lager is known for its citrusy flavor. But Ottaway said different types of beer will eventually be produced at the factory, and he hopes to develop unique products using Japanese fruits and spices.
First joining hands in October, Brooklyn Brewery and Kirin plan to establish a joint company in January to produce and sell craft beer. The two companies’ sales target is about 500 kilolitres of Brooklyn Brewery beer in the first year.
The Japanese craft beer market has more than tripled in size over the past five years. Shipments of microbrew in 2016 are estimated at 47,000 kL, compared with 14,000 kL in 2011.
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Jamaica & USA: Jamaican-brewed Red Stripe beer is back in the USA
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The first cases of iconic Red Stripe Beer, produced once again in the brand’s homeland of Jamaica, arrive on U.S. retail store shelves and bar & restaurant beer menus as the brand readies its aggressive plan to energize growth in the U.S., Brewbound reported on December 15.
Following the acquisition of a controlling stake of Red Stripe in October 2015, HEINEKEN has successfully brought production of the beloved brand home as part of the company’s broader mission to deliver true import brands that exemplify the transparency and authenticity consumers expect and deserve.
After months of planning, staff recruiting, training and equipment upgrades, Red Stripe made good on its commitment to return production of U.S. volumes to Jamaica in September 2016. The highly anticipated repatriation has already begun to yield significant benefits for the company, the brand and the Jamaican economy.
“We are extremely proud that we have been able to deliver on this commitment. With every bottle made right here in Jamaica, the brand’s authentic Jamaican appeal has been boosted,” said Ricardo Nuncio, Red Stripe’s Managing Director.
The company also hired 80 new workers to support the increase in production. The mainly technical operators work in packaging and logistics.
“This is probably the best outcome
...More info on site
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Barley News
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World: Barley usage estimated at around 145 mln tonnes in 2016/17
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World barley production and usage in 2016/17 are estimated at around 145 mln tonnes each, ending stocks at 29 mln tonnes, H. M. Gauger
...More info on site
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Canada: Barley crop quality saved by modern harvest and storage methods
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Canada Statistics reports barley crop of 4.5 mln tonnes in Alberta, 3.3 mln tonnes in Saskatchewan, total of Western Canada is seen at 8.3
...More info on site
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Whisky News
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Japan: Suntory planning to increase its overseas whisky exports to 50%
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Japanese spirits producer Suntory is planning to increase its overseas whisky exports to 50%, up from current 10%, the company’s brand ambassador, Mike Miyamoto, was quoted as saying by the Drinks Business on December 15.
“In the last five years or so, exports took off, however, we have less than 10% of our production exported abroad, most of it is still consumed at home. I’d like to see 50% sold abroad and 50% domestic market. That’s our goal,” Miyamoto said at a Suntory masterclass in Hong Kong on 14 December.
The US, the company’s oldest export market, dominates the export market share, followed by Europe, Taiwan and Singapore, Miyamoto revealed, noting that Hong Kong is an up-and-coming market for Japanese whisky where its ‘Yamazaki’, ‘Hakushu’ and ‘Hibiki’ series are available in Hong Kong, Macau and Mainland China through ASC Fine Wines.
Speaking of the differences between Japanese whiskies and whiskies from other countries, Miyamoto noted the use of the ‘Mizunara’ cask in Japanese whisky. A rare cask made from Japanese oak, it’s used in the Yamazaki single malt whiskies and Hibiki whiskies. The cask, however, is susceptible to leakage, breakage and is “very porous,” said the brand ambassador, requiring at least three times
...More info on site
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South Africa: AB InBev to sell SABMiller’s stake in Distell to state-owned pension fund
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Anheuser-Busch InBev will sell its stake in South Africa's Distell Group to state-owned pension fund Public Investment Corp, it said on December 15, as agreed during its takeover of SABMiller.
South Africa’s Competition Commission made the disposal a condition of the $100 billion takeover.
The 26.4 percent stake in Stellenbosch-based Distell, which makes wine, spirits and ciders, is worth roughly 9 billion rand ($645 million) based on its closing price on December 14.
Distell’s other large shareholders, Remgro Ltd and Capevin Holdings Ltd, had pre-emptive rights in relation to the stake, but AB InBev said they confirmed they would not exercise them.
Distell shares were flat in Johannesburg at 0800 GMT.
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