If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?12996
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)


Last five Flashes


Jump  to http://www.firstkey.com

Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



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.



Last five prices evolution



Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 07b
February 16 - February 19, 2017

Quote of the Week

Never give up, for that is just the place and time that the tide will turn.
Harriet Beecher Stowe

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on February 17, 2017
Base Currency: US Dollar
on February 17, 2017
      1 EUR = 1.0652 USD
1 EUR = 0.8511 GBP
1 EUR = 1.3865 CAD
1 EUR = 1.3808 AUD
1 EUR = 120.9500 JPY
1 EUR = 3.2402 BRL
1 EUR = 60.6540 RUB
1 EUR = 7.3028 CNY
      1 USD = 0.9405 EUR
1 USD = 0.8012 GBP
1 USD = 1.3056 CAD
1 USD = 1.2976 AUD
1 USD = 113.7100 JPY
1 USD = 3.0607 BRL
1 USD = 57.1507 RUB
1 USD = 6.8585 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


February 17, 2017
French Barley/Malt
Crop 2016
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 181.50-183.50 down0.55%
6RW Malting Barley (FOB Creil) 160.00-162.00 -
2RS Malt (FOB Antwerp) 379.50-381.50 down0.32%
6RW Malt (FOB Antwerp) 353.50-355.50 -
Feed Barley (FOB Creil) 144.00-146.00up0.69%
French Barley/Malt
Crop 2017
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 182.50-184.50 down1.08%
6RW Malting Barley (FOB Creil) 158.00-160.00 down0.63%
2RS Malt (FOB Antwerp) 377.50-379.50 down0.65%
6RW Malt (FOB Antwerp) 347.50-349.50 down0.35%
Feed Barley (FOB Creil) nq 
German Malting Barley
Crop 2016
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 176.00-178.00 down0.53%
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,159.00-1,161.00 -
Malting Barley (West) 1,159.00-1,161.00 -
Danish Malting Barley
Crop 2017
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 -
Canadian Barley/Malt
Crop 2016
CAD/T %
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 169.00-171.00 -
Feed Barley, basis Winnipeg 169.00-171.00 -
Feed Barley, bulk in store, Vancouver 239.00-241.00 -
US Barley/Malt
Crop 2016
USD/T %
2-Row Malting Barley, bulk, railcar Great Falls, Montana 132.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
6-Row Malt, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 105.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Malt news World: Malt market showing good growth over the past two years ...Click here

Brewery news Japan: Malt imports remain relatively stable despite constant domestic beer shipments decline ...Click here
Brewery news Russia: Heineken scaling down operations in Russia ...Click here

Barley news World: World barley crop 2016 slightly below 2015 volume, international trade expected to drop by up to 4 mln tonnes ...Click here
Barley news Australia: Barley crop up by 56% to record high of 13.4 mln tonnes ...Click here
Barley news EU: Barley output estimated at 59.34 mln tonnes in 2016/17 ...Click here
Barley news Canada: Global glut of malting barley limiting Canada’s export opportunities ...Click here
Barley news Canada: Total barley production in Western Canada up about 7.5% in 2016 ...Click here


More Industry News


Barley news France: 91% of winter barley in good or excellent condition, sowing of spring varieties under way - FranceAgriMer ...Click here
Brewery news India: Asking Vijay Mallya to step down from United Breweries board was merely following a regulatory order - Heineken ...Click here
Brewery news Malaysia: Heineken Malaysia opts to tighten its belt instead of hiking its beer prices ...Click here
Brewery news UK: Carlsberg launches competition for craft brewers ...Click here
Brewery news Canada: Molson Coors Ontario plant workers continue strike ...Click here
Brewery news UK: Heineken’s deal to acquire pub chain Punch Taverns under antitrust probe ...Click here
Brewery news Nigeria: Guinness Nigeria denies Pharma Deko’s debt claims ...Click here

Graph of the week



Table of the week

US Beer Sales, Import, and Export 2013 - 2016s


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


DRY HOPPING: MORE OIL = MORE HOPPY?

ABSTRACT
If I would ask you if you think a higher addition of hop oil equivalent for dry hopping would result in a hoppier beer, I am sure all of you would be quite confident that this is correct. However US researchers say perhaps not. An unhopped beer was dry hopped with 23 individual Cascade hop lots, and the resultant beer was evaluated with sensory descriptive analysis. The results demonstrated a negligible role of total oil content (mL/ 100 g) as an indicator of hoppiness. In fact, there was no correlation between total oil content and overall hop aroma intensity with this study. The Cascade samples had oil contents ranging from 0.6 up to 2 ml/100g of hops. I am as surprised as you are, but wouldn't life be boring without occasional results such as these?

Vollmer, D: Influence of Hop Oil Content and Composition on Hop Aroma Intensity in Dry-Hopped Beer
Read more

Source: Barth Innovations

These Days in Business History


16 February
1978 - 1st Computer Bulletin Board System (Ward and Randy's CBBS, Chicago)
1990 - Cisco Systems, Inc. goes public on NASDAQ, selling 2.8 million shares at an initial offering price of $18 per share
1998 - Tellabs Inc. acquires Coherent Communications Systems for $670 million

17 February
1878 - Silver dollar became U.S. legal tender
1986 - 1st Francophone Summit convenes at Versailles
1989 - Egypt, Iraq, Jordan and North Yemen form common market

18 February
1933 - 1st issue of Newsweek magazine published
1939 - Golden Gate International Exposition opens on Treasure Island
1981 - Chrysler Corporation reports largest corporate losses in U.S. history

19 February
1878 - Thomas Alva Edison patents gramophone (phonograph)
1899 - Cornelius Vanderbilt Whitney, Pan Am Airways (World airways) founder is born
1969 - 1st Test flight of Boeing 747 jumbo jet

Agenda


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




MaltMalt News Malt


Malt newsWorld: Malt market showing good growth over the past two years
The malt market has shown a surprisingly good growth over the past two years. Maltsters in all continents report good sales and more or ...More info on site



BreweryBrewery News Brewery


Brewery newsJapan: Malt imports remain relatively stable despite constant domestic beer shipments decline
Japan’s beer shipments in 2016 were 52.5 mln hl, down 2.4% from a year earlier, H. M. Gauger GmbH reported.

Pilsen-type beer lost 2%, ...More info on site


Brewery newsRussia: Heineken scaling down operations in Russia
The world's third-largest brewer Heineken is scaling down operations in Russia as a result of a steep decline in sales. Russia’s shrinking beer market ...More info on site


Brewery news India: Asking Vijay Mallya to step down from United Breweries board was merely following a regulatory order - Heineken
United Breweries merely followed a regulatory order in asking chairman Vijay Mallya to step down, Heineken NV, the Indian brewer’s largest shareholder, said in its first comment on the businessman since he got embroiled in a series of cases related to overdue loans, the Economic Times reported.

Heineken, the world’s second-largest brewer, said also there had not been any disruption to its Indian business or management after partner United Breweries sent the notice to Mallya.

About three weeks ago, the Securities and Exchange Board of India banned Mallya from the securities market as well as holding any board or key managerial positions at listed companies. The order also covered some former executives of United Spirits, a company Mallya previously owned and is now controlled by UK’s Diageo. Mallya, according to legal experts, is expected to challenge the Sebi order.

Sebi issued an executive order to Mallya and it was not the will of the shareholders or board of directors, but just a court order that had to be executed, Jean-Francois van Boxmeer, Heineken’s chairman of the executive board, said on an investors call on February 14.

“It’s for Dr Mallya to react on that if he ...More info on site


Brewery news Malaysia: Heineken Malaysia opts to tighten its belt instead of hiking its beer prices
Heineken Malaysia Bhd says it has opted to tighten its belt amid the challenging market condition via various cost management measures and will not increase prices of products any time soon, The Star Online reported on February 16.

Its finance director Teo Hong Keng said any price increase will only be carried out on the basis of commercial consideration, which among others include commodity price hikes on the backdrop of global uncertainties.

“We need to weigh it out first to see if the market can accept a price increase. However, in a soft market such as this, we have resorted to tightening our belts to keep costs down,” said Teo at the sidelines of Heineken’s financial results announcement for the quarter ended Dec 31, 2016.

Heineken last increased price of products in July, 2016 after the implementation of Anti Profiteering Act.

Teo said because the company was part of Heineken N V, it benefitted them as the group purchased raw materials under the global procurement.

Hence it wasn’t too worried about the rising raw material prices.

Despite the subdued economic landscape, Heineken posted a good set of results for its financial quarter ended Dec 31, 2016.

Its net profit was up 15.2% at RM104.68 mln from RM90.84 ...More info on site


Brewery news UK: Carlsberg launches competition for craft brewers
Carlsberg UK has launched a competition for craft brewers and importers offering the chance to get their beer listed in its ‘Crafted 2017’ portfolio, the Morning Advertiser reported on February 15.

Brewers can enter the contest, named 'Your beer, here?' by submitting their beers for evaluation by a judging panel including beer writer Pete Brown, Mark Stretton of Fleet Street Communications and members of the Crafted portfolio team.

The winning selection will be showcased in the company’s Crafted portfolio and handbook when it launches in April – making it available to thousands of pubs over the next 12 months.

Carlsberg Crafted marketing manager Adrian Rigby said: “The craft beer category is brilliant, diverse and innovative but, above all, it’s competitive and the route to market can be challenging.

“As a brewer, we are committed to building the craft beer category and community in the on-trade and believe that through this opportunity and the established profile of our award-winning Crafted handbook, we can give and up-and-coming craft stars a hand.”

Carlsberg’s 2016-17 Crafted range featured beers from Hiver, Chapel Down and Rooster’s Brewing Co as well as international offerings such as Hitachino Nest White Ale from Japan’s Hitachino brewery and Little Creatures from ...More info on site


Brewery news Canada: Molson Coors Ontario plant workers continue strike
Molson Coors plant workers in Etobicoke, Ontario, Canada, have been on strike since January 12, 2017, after a list of concessionary demands were made by the brewer that negatively impacted employee benefits, pensions, and hours, BeverageDaily reported on February 15.

The concessionary demands made by Molson Coors would make “deep cuts” to retirement security and health and welfare benefits and the company “left no room for negotiations,” president of Canadian Union of Brewery and General Workers Local 325), Robert Folk, said in a statement.

With the help and guidance of the Ontario Public Service Employees Union (OPSEU), 320 plant workers have formed a picket line and started a boycott against Molson Coors’ US-produced beers.

As a result of the strike, beer production at the Toronto plant is mostly shut down with Molson Coors being unable to access its products.

“The list of demands just about attacks every part of the collective agreement,” president of OPSEU Warren “Smokey” Thomas, told BeverageDaily.

According to Thomas, OPSEU bargains 754 contracts a year and is able to settle about 99% of those contracts. “The ones that go out on a strike start out with the employer attacking every part of the collective agreement there is,” he said. ...More info on site


Brewery news UK: Heineken’s deal to acquire pub chain Punch Taverns under antitrust probe
Heineken's deal to acquire pub chain Punch Taverns could be under threat as the Competition and Markets Authority (CMA) probes the agreement, Sky News reported on February 16.

The CMA has issued an 'invitation to comment' to interested parties as it looks at whether the deal, which will see Heineken take over almost 2,000 pubs in the UK, could result in a "substantial lessening of competition".

Concerns have already been raised about the deal by parts of the licensed industry, and this move by the CMA will allow them to formally submit their reasons for opposing the deal.

Heineken clinched a deal to take over the Punch Taverns company in partnership with private equity firm Patron Capital.

The two firms successfully fought off a counterbid by Punch Taverns' co-founder, Alan McIntosh, by offering to pay 180p-per-share for the company.

It will see Heineken acquire 1,895 UK pubs on top of the 1,100 it already controls, with Patron securing the remaining 1,329.

The CMA said it was "considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation" and, if so, "whether the creation of that situation may be expected to result, ...More info on site


Brewery news Nigeria: Guinness Nigeria denies Pharma Deko’s debt claims
Guinness Nigeria Plc on February 17 said it had responded to a court process at the instance of Pharma Deko Plc which alleged that the company was contractually indebted to Pharma Deko Plc in the sum of N175. 7 million, the Guardian reported.

Corporate Communications Manager, Guinness Nigeria Plc, Mr Sesan Sobowale, said in a statement the amount represented an arbitral award made against the company and in favour of Pharma Deko Plc.

It said that the award suggested that Guinness Nigeria was unable to pay this debt.

“Guinness Nigeria denies that it is indebted to Pharma Deko Plc in the stated amount or any amount at all and its solicitors have filed a robust defence to Pharma Deko’s claims in court.

“The amount claimed by Pharma Deko Plc in the court process is an insignificant amount when compared with the revenue, cashflow and balance sheet of the company and management is very confident of being able to repudiate the claims in court.

“The management of Guinness Nigeria wishes to assure its employees, customers, shareholders and other stakeholders that it is capable of meeting its financial and other obligations to its various stakeholders and that it continues to operate as a going concern,’’ the statement said.



BarleyBarley News Barley


Barley newsWorld: World barley crop 2016 slightly below 2015 volume, international trade expected to drop by up to 4 mln tonnes
The world barley crop in 2016 is just below the previous year’s figure of 148.7 mln tonnes, H. M. Gauger GmbH analysts said in ...More info on site


Barley newsAustralia: Barley crop up by 56% to record high of 13.4 mln tonnes
Australia’s barley production is by 56 per cent to a record high of 13.4 million tonnes this year, ABARES said in their February report.

In ...More info on site


Barley newsEU: Barley output estimated at 59.34 mln tonnes in 2016/17
The EU Commission’s latest barley S/D balance (published at the end of December) estimates the EU’s barley output at 59.34 mln tonnes in 2016/17 ...More info on site


Barley newsCanada: Global glut of malting barley limiting Canada’s export opportunities
A global glut of malting barley is limiting export opportunities for the ample Canadian crop and that is driving down prices, the Western Producer ...More info on site


Barley newsCanada: Total barley production in Western Canada up about 7.5% in 2016
Total barley production in Western Canada in 2016 is estimated at 8,371,500 tonnes, which represents an increase of about 7.5% compared to 2015, the ...More info on site


Barley news France: 91% of winter barley in good or excellent condition, sowing of spring varieties under way - FranceAgriMer
Farm office FranceAgriMer said on February 17 that 91 percent of winter barley crops were in good or excellent condition as of February 13, compared with 90 percent a week earlier and 95 percent a year ago.

Sowing of spring barley was under way, with 8 percent of the expected area drilled by February 13, compared with 6 percent the previous week and 5 percent a year ago, it said.


Copyright © E-Malt s.a. 2016