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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
Important Industry job opportunities
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

Job.gif JOB ANNOUNCEMENT: Ganzberg Brewery Cambodia (June 2016)

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Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.

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E-Malt.com Flash 04a
January 23 - January 25, 2017

Quote of the Week

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Currency Rates

Base Currency: Euro
on January 25, 2017
Base Currency: US Dollar
on January 25, 2017
      1 EUR = 1.0748 USD
1 EUR = 0.8635 GBP
1 EUR = 1.4267 CAD
1 EUR = 1.4198 AUD
1 EUR = 121.8500 JPY
1 EUR = 3.4000 BRL
1 EUR = 63.6225 RUB
1 EUR = 7.3721 CNY
      1 USD = 0.9302 EUR
1 USD = 0.7999 GBP
1 USD = 1.3221 CAD
1 USD = 1.3192 AUD
1 USD = 113.1700 JPY
1 USD = 3.1639 BRL
1 USD = 59.2168 RUB
1 USD = 6.8559 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

January 25, 2017
French Barley/Malt
Crop 2016
2RS Malting Barley (FOB Creil) 182.50-184.50 -
6RW Malting Barley (FOB Creil) 161.00-163.00 up0.62%
2RS Malt (FOB Antwerp) 380.50-382.50 -
6RW Malt (FOB Antwerp) 354.00-356.00 up0.35%
Feed Barley (FOB Creil) 140.00-142.00down0.70%
French Barley/Malt
Crop 2017
2RS Malting Barley (FOB Creil) 186.50-188.50 -
6RW Malting Barley (FOB Creil) 162.00-164.00 up0.62%
2RS Malt (FOB Antwerp) 382.50-384.50 -
6RW Malt (FOB Antwerp) 352.50-354.50 up0.35%
Feed Barley (FOB Creil) nq 
German Malting Barley
Crop 2016
Ex Farm
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm
Malting Barley (East) 1,159.00-1,161.00 down0.85%
Malting Barley (West) 1,159.00-1,161.00 down0.85%
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
Malting Barley (East) 1,189.00-1,191.00 -
Malting Barley (West) 1,189.00-1,191.00 -
Canadian Barley/Malt
Crop 2016
2-Row Malting Barley, bulk, truck/railcar, Winnipeg 319.00-321.00 -
2-Row Malting Barley, bulk in store, Vancouver 329.00-331.00 -
6-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malt, bulk, truck/railcar, Winnipeg 573.00-575.00 -
2-Row Malt, bulk in store, Vancouver 593.00-595.00 -
6-Row Malt, bulk, truck/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 174.00-176.00 -
Feed Barley, basis Winnipeg 174.00-176.00 -
Feed Barley, bulk in store, Vancouver 244.00-246.00 -
US Barley/Malt
Crop 2016
2-Row Malting Barley, bulk, railcar Great Falls, Montana 134.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
6-Row Malt, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 106.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news Nigeria: Guinness Nigeria shareholders approve USD127 mln rights issue ...Click here
Brewery news India: Heineken unable to remove chairman Vijay Mallya despite owning higher stake in United Breweries ...Click here
Brewery news The Czech Republic: AB InBev invests USD15 mln in Samson brewery ...Click here

Barley news USA: Anheuser-Busch and MillerCoors slash malting barley contracts ...Click here

More Industry News

Brewery news South Africa: AB InBev starts voluntary severance program in South Africa ...Click here
Brewery news UK: Carlsberg and Heineken announce beer price increases for this year ...Click here
Brewery news Nigeria: Heineken’s Nigeria unit under police investigation ...Click here
Brewery news India: Central Bureau of Investigation visits United Breweries’ offices in Bengaluru ...Click here
Brewery news Thailand: Chief of Bangkok’s Metropolitan Police is asked to explain payments from ThaiBev ...Click here

Graph of the week

Table of the week

EU Barley Malt Export

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


It is an interesting observation that dry hopped beers often have less stable beer foam. Why is this? Comprehensive testing by a research team has found that with dry hopping, the amount of iso-alpha acids slightly decreases in the beer due to precipitation. Increases in humulinones and alpha acids were observed but both are rather foam positive so they are likely not the cause. Beta acids are foam negative, but due to low concentration in beer, they are also not guilty. But two parameters were found to be of importance: 1) Temperature - the foam stability is very sensitive to temperature change, and 2) Hop lipids - they are known to be gushing surpressing, so it is no surprise they are foam negative. Problems with foam stability? Contact Barth-Haas to discuss!

Maye, JP.: Dry hoppings effect on beer foam
Read more

Source: Barth Innovations

These Days in Business History

23 January
1849 - Patent granted for an envelope-making machine
1932 - The Reconstruction Finance Corp. is created under a law signed today by Pres. Herbert Hoover
1991 - World's largest oil spill, caused by embattled Iraqi forces in Kuwait

24 January
1902 - Denmark sells Virgin Islands to USA
1935 - 1st canned beer, "Krueger Cream Ale," is sold by Kruger Brewing Co
1984 - Apple Computer Inc unveil its Macintosh personal computer

25 January
1853 - Basic financial disclosure becomes mandatory for all companies seeking to list their stock for trading on the New York Stock & Exchange Board
1919 - Founding of League of Nations
1959 - First transcontinental commercial jet flight (LA to NY for $301)


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)
08-11: Festival Brasileiro da Cerveja 2017 (Blumenau, Brazil)
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:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
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

BreweryBrewery News Brewery

Brewery news Nigeria: Guinness Nigeria shareholders approve USD127 mln rights issue
Guinness Nigeria Plc on January 23 received the approval of its shareholders for a proposed N40 billion ($127 million) rights issue, the Premium Times reported.

The decision was reached at the company’s Extra-Ordinary General Meeting (EGM) attended by local shareholders and representatives of international shareholders in Lagos.

Babatunde Savage, Chairman, Guinness Nigeria Plc, said the shareholders’ approval would enable the company raise up to N40 bln as fresh cash injection into the business operations.

“Guinness Nigeria has been in this country for over 60 years and, in that time, we have continued to add significant economic and social value to Nigeria and Nigerians,” Mr. Savage said.

“We believe this Rights Issue will positively impact on the financial performance of Guinness Nigeria and help mitigate the impact of increasing finance costs in what continues to be a challenging economic environment in Nigeria.”

Guinness Nigeria Plc, which is a subsidiary of Diageo plc, had announced at the end of 2016 its intention to offer a rights issue as part of plans to optimise its balance sheet and improve its financial flexibility.

The announcement came as the company recorded an overall loss after tax of N2 billion for the period ended June 30, 2016, its first loss in three ...More info on site

Brewery news India: Heineken unable to remove chairman Vijay Mallya despite owning higher stake in United Breweries
Dutch beer maker Heineken International is caught in a bind as it is unable to remove chairman Vijay Mallya from its Indian joint venture United Breweries (UB) despite owning a higher stake. The beleaguered billionaire is causing reputational risks to United Breweries due to his legal battles with lenders and investigation by government agencies for misappropriation of funds, the Economic Times reported on January 24.

Though Heineken owns a much higher stake than its partner at 42.4%, the Articles of Association (AoA) between the two shareholders states that Mallya will be entitled to be the lifelong chairman apart from a non-retiring director unless he voluntarily steps down and nominates one.

According to an agreement in 2009 between the two, Mallya has the right to choose his successor. A change in the AoA needs an approval from 75% of the shareholders.

Mallya’s financial problems and legal battles are posing reputational risks to United Breweries, said an official close to the development. “The board had earlier tried to convince Mallya to step down in the long-term interests of the organization.’’ Mallya had said he would not step down from the board until he is proven guilty in an Indian ...More info on site

Brewery news The Czech Republic: AB InBev invests USD15 mln in Samson brewery
Anheuser-Busch InBev (AB InBev) group continues with the modernisation of Samson brewery in České Budějovice. The investment into the new machine room, fermenting tanks, filtering tanks, warehouses, pasteurisation gear or cleaning and hygienic station totals USD15 mln, Prague Monitor reported on January 24.

The spokesperson for AB InBev, Kathleen Van Boxelaer, said the group will continue to invest into the brewery in the next two years as part of the biggest upgrade in more than 20 years.

Brewery news South Africa: AB InBev starts voluntary severance program in South Africa
Anheuser-Busch InBev, the world's largest brewer, has started a voluntary severance program in South Africa, but the company said a newspaper report that it had made offers to more than 1,000 managers was incorrect.

Citing an internal memo, Business Day newspaper said the brewer had offered more than 1,000 managers in South Africa voluntary severance following its merger with SABMiller.

AB InBev's spokeswoman Robyn Chalmers said the company had started the program but denied that 1,000 managerial jobs would go.

"It is too early in the process to say how many people may opt for the voluntary offer. It is thus completely incorrect to say that about 1 000 managerial roles will be reduced, as has been reported," she said.

"It is important to note that no employee will be forcibly retrenched as a result of the merger," Chalmers said.

AB InBev bought nearest rival SABMiller for 79 billion pounds ($98.38 billion) last year in one of the largest corporate mergers in history and taking the company into Africa for the first time.

Brewery news UK: Carlsberg and Heineken announce beer price increases for this year
Britain’s beer drinkers could soon shell out more for a pint of their favourite ale, as some of the biggest brewing companies plan to put prices up this year, The Sun reported on January 24.

Carlsberg and Heineken have become the latest brewers to unveil beer price increases for 2017, affecting many of the most popular brands on the market.

Trade magazine The Morning Advertiser reported on January 23 that Carlsberg prices were going up by 2.6 per cent on average across the board, affecting brands like Tuborg, Tetley’s, Holsten Pils, Skol and San Miguel.

Heineken also confirmed that it would see an average price increase of 6p per pint across its brands, with a 6.6p increase for Foster’s.

As well as Heineken, its brands include Desperados, Kronenbourg, Deuchers IPA and John Smith’s.

While the companies have confirmed that wholesale prices are going up by an average of 6p a pint, it is not yet clear how much more drinkers will have to pay at their local pub.

It’s likely, though, that a rise in wholesale prices will impact the price at the pump.

Brewery news Nigeria: Heineken’s Nigeria unit under police investigation
The Nigerian unit of Dutch brewer Heineken NV is under police investigation after a former supplier complained to the government, Bloomberg reported on January 25.

Lawyers for TMDK Oil Traders Ltd. petitioned the minister of justice and attorney-general to start the probe after the company’s three-year contract to provide fuel to the brewer lapsed in September, Nigerian Breweries Plc said in a statement on the Nigerian Stock Exchange’s website on January 24.

“Recently, some managers in Nigerian Breweries have been asked to report to the force headquarters” for questioning, the Lagos-based company said in the statement. “It appears that the petition is targeted at persons connected to Nigerian Breweries, including the wife of our managing director” Nicolaas Vervelde.

While TMDK complained of “bias” when it bid for a new contract, Nigerian Breweries’ auditors concluded otherwise after an internal investigation, according to the statement. It didn’t provide further detail of the allegations.

Nigerian Breweries, the biggest beer-maker in the West African nation, is co-operating with police, it said. The shares fell 1.4 percent, the most since Jan. 3, to 142.5 naira in Lagos by the close on January 24. The company made the announcement after the market closed.

The stock is still up 39 percent in ...More info on site

Brewery news India: Central Bureau of Investigation visits United Breweries’ offices in Bengaluru
A team of Central Bureau of Investigation (CBI) from Delhi ‘visited’ United Breweries’ offices in Bengaluru on January 23. The UB Group spokesperson confirmed the visit of the CBI officials and said that the company is fully cooperating with investigative agency, the Financial Express reported on the same day.

According to reports, a 12-member team of the CBI is searching the offices in the UB City with a search warrant from a Delhi court, while the specific reason for the search warrant is yet not known. UB Group is led by Vijay Mallya. The flamboyant billionaire is facing the process of recovery of Rs 6,203 crore from banks in the Kingfisher Airlines case and has been declared a proclaimed offender by a court.

As per the reports by PTI, the CBI officials’ visit to UB Group offices comes days after the Bengaluru Debt Recovery Tribunal on January 19 ordered the SBI-led consortium of banks to start the process of recovering Rs 6,203 crore at an annual interest rate of 11.5 per cent from the embattled tycoon and his companies in the Kingfisher Airlines case.

United Breweries core business includes beverages, aviation and investments in various sectors. The company owns various other brands ...More info on site

Brewery news Thailand: Chief of Bangkok’s Metropolitan Police is asked to explain payments from ThaiBev
The chief of Bangkok’s Metropolitan Police, Sanit Mahathavorn, has been receiving THB50,000 each month from ThaiBev, the country’s largest booze producer, and the payment is listed as an “advisory fee”, Coconuts Bangkok reported on January 25.

The officer and the company have been given a week to reveal why the official is being paid by the company and what services he is providing.

The Secretary-General of the Ombudsman’s Office, Rakkecha Chaechai, announced that a letter was presented to Sanit on January 24 requesting an answer about whether he actually is working for the company, if he received payment from them, and if he currently works for them and continues to receive money for services provided.

Rakkecha noted that a similar letter would be sent to ThaiBev asking why they were paying the official.

Apparently, contact was also made with the National Anti-Corruption Commission (NACC) to request information about Sanit’s assets and whether he declared income from ThaiBev. According to The Nation, he did declare income from the alcohol producer.

After information is received from all parties, appropriate action will be taken, it is reported.

BarleyBarley News Barley

Barley news USA: Anheuser-Busch and MillerCoors slash malting barley contracts
In another blow to Montana’s struggling ag economy, the state’s barley growers have recently learned that two of the region’s largest buyers of their crop will reduce the number of purchase contracts they offer by up to 60 percent, Great Falls Tribune reported on January 25.

Both Anheuser-Busch and MillerCoors have informed growers they will only be purchasing a fraction of the malt barley they have in the past five years because of an overabundance of barley available on the global market. Combined, the two brewing giants account for the purchase of nearly two-thirds of the barley grown in northcentral Montana.

“The past two growing seasons have resulted in large volumes of high quality barley, which has more than met the requirements of barley users,” said Russ Harville, vice president of raw materials for Anheuser-Busch, in a prepared statement issued near the end of December. “As a result, for 2017, we are modifying our barley procurement to accurately reflect our needs. Anheuser-Busch has a long history of partnership with growers, and we look forward to continuing that partnership.”

As a matter of corporate policy, neither Anheuser-Busch nor Miller Coors disclose details of their purchasing plans or contracts. However, officials from the Montana Wheat ...More info on site

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