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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)


Last five Flashes


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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



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E-Malt.com Flash 08a
February 20 - February 22, 2017

Quote of the Week

It is a fair wind that blew men to the ale.
Oscar Wilde

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Currency Rates


Base Currency: Euro
on February 22, 2017
Base Currency: US Dollar
on February 22, 2017
      1 EUR = 1.0537 USD
1 EUR = 0.8486 GBP
1 EUR = 1.3840 CAD
1 EUR = 1.3762 AUD
1 EUR = 119.7700 JPY
1 EUR = 3.2623 BRL
1 EUR = 61.2090 RUB
1 EUR = 7.2545 CNY
      1 USD = 0.9464 EUR
1 USD = 0.8034 GBP
1 USD = 1.3138 CAD
1 USD = 1.3036 AUD
1 USD = 113.5200 JPY
1 USD = 3.0891 BRL
1 USD = 57.8590 RUB
1 USD = 6.8828 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


February 22, 2017
French Barley/Malt
Crop 2016
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 182.50-184.50 up0.55%
6RW Malting Barley (FOB Creil) 161.00-163.00 up0.62%
2RS Malt (FOB Antwerp) 381.00-383.00 up0.32%
6RW Malt (FOB Antwerp) 354.50-356.50 up0.35%
Feed Barley (FOB Creil) 144.00-146.00-
French Barley/Malt
Crop 2017
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 181.50-183.50 down0.55%
6RW Malting Barley (FOB Creil) 157.00-159.00 down0.63%
2RS Malt (FOB Antwerp) 376.50-378.50 down0.33%
6RW Malt (FOB Antwerp) 346.50-348.50 down0.35%
Feed Barley (FOB Creil) nq 
German Malting Barley
Crop 2016
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,149.00-1,151.00 down0.86%
Malting Barley (West) 1,149.00-1,151.00 down0.86%
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,179.00-1,181.00 down0.84%
Malting Barley (West) 1,179.00-1,181.00 down0.84%
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 EU: Most maltsters complete their sales program for 2017 ...Click here

Brewery news China: Decline in Chinese beer market expected to continue for the next five years ...Click here
Brewery news China: Beer production falls for a third straight year in 2016 ...Click here
Brewery news Asia: Heineken forecasts growth in sales and profit this year thanks to good Asia business results ...Click here
Brewery news Japan: Sapporo Holdings reports surge in profits last year ...Click here
Brewery news Japan: Kirin Holdings set to reform its Japan beer business ...Click here
Brewery news Malaysia: Carlsberg Brewery Malaysia’s net profit hit by Sri Lankan floods ...Click here
Brewery news Portugal: Unicer reports higher net profit in 2016 despite losing the Angolan market ...Click here

Barley news EU: Malting barley maintains good premium over feed, end of season supplies look very tight ...Click here
Barley news Canada: Barley use expected to increase both in 2016/17 and 2017/18 ...Click here
Barley news World: Trade agreements signed, expanded, and cancelled ...Click here

Whisky news World: UK’s single malt whisky exports top £1 bln for the first time ...Click here


More Industry News


Brewery news UK: Lager accounts for 75% of total beer sales ...Click here
Brewery news Ireland: Analysts expect Ireland’s craft beer to repeat the history of the US craft beer sector ...Click here
Brewery news Sri Lanka: Asia Pacific Brewery (Lanka) Ltd changes name to Heineken Lanka Limited ...Click here

Graph of the week



Table of the week

EU Malt Export and Import


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


LATER HARVEST DATE = MORE INTENSE DRY HOP AROMA?

ABSTRACT
Previous studies have shown that harvest date can have a significant impact on the flavour profile of beer depending on hop variety. To further illustrate the effect, this study evaluated the variety Mandarina Bavaria. A group of German researchers produced dry hopped beers with Mandarina Bavaria hops harvested at different dates within a 4 week period. Although it was shown that some of the known important hop aromatic compounds in dry hopped beers (especially myrcene) changed in concentration when using hops with different harvest dates, with other compounds (especially linalool) the result of sensory data showed that the harvest date of Mandarina Bavaria is not important for final top-fermented beer aroma. It is unclear which aroma components are the key components of Mandarina Bavaria.

Schnaitter, M: Influence of hop harvest date of the Mandarina Bavaria hop variety on the sensory evaluation of dry-hopped top-fermented beer
Read more

Source: Barth Innovations

These Days in Business History


20 February
1768 - 1st American chartered fire insurance company opens
1811 - Austria declares bankruptcy
1848 - Edward H. Harriman is born in Hempstead. By age 50 he commands the Union Pacific and Southern Pacific railways, making him one of the most powerful railroad barons in the world

21 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1988 - Peter Kalikow purchases New York Post from Rupert Murdoch for $37.6 million

22 February
1923 - Transcontinental airmail service begins
1989 - New York Lotto pays $26.9 million to one winner
2006 - Apple's iTunes store sells its 1 billionth song

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 newsEU: Most maltsters complete their sales program for 2017
The sales program for 2017 is complete for most maltsters. There are still new orders and inquiries coming in for the present crop year, ...More info on site



BreweryBrewery News Brewery


Brewery newsChina: Decline in Chinese beer market expected to continue for the next five years
Brewers are finding it tough in China, the world's largest beer market, Bloomberg reported on February 20.

Consumption volume has declined in the last two ...More info on site


Brewery newsChina: Beer production falls for a third straight year in 2016
Chinese beer production fell for a third straight year in 2016, and the slowness of brewers to pursue efficiency and keep up with changing ...More info on site


Brewery newsAsia: Heineken forecasts growth in sales and profit this year thanks to good Asia business results
Heineken NV, the world’s second-largest brewer, forecast growth in sales and profit this year as customers in Vietnam and other Asia markets drink more ...More info on site


Brewery newsJapan: Sapporo Holdings reports surge in profits last year
Sapporo Holdings' renewed focus on beer is paying off as profits last year surged on the back of fresh domestic growth for its core ...More info on site


Brewery newsJapan: Kirin Holdings set to reform its Japan beer business
Kirin Holdings has decided to pull the plug on its money-losing Brazilian beer and soft drink business after six years of battling ferocious competition ...More info on site


Brewery newsPortugal: Unicer reports higher net profit in 2016 despite losing the Angolan market
Portugal’s No. 1 brewer Unicer reported a net profit of EUR38 mln in 2016 – up 46% versus 2015, Jornal de Negocios reported on ...More info on site


Brewery newsMalaysia: Carlsberg Brewery Malaysia’s net profit hit by Sri Lankan floods
Carlsberg Brewery Malaysia Bhd posted a net profit of RM204.9 mln for the financial year ended Dec 31, 2016, a 5% drop from the ...More info on site


Brewery news UK: Lager accounts for 75% of total beer sales
Craft and cask beer may get all the headlines but lager remains the most important style in the UK, accounting for almost three quarters of sales, inapub reported on February 22.

75 per cent of beer sales in the UK are lager, Mintel analysts said.

The market has plateaued in recent years but Mintel expect this to give way to "modest growth" over the next few years, with sales reaching £13.1 billion by 2020.

Tapping into the lucrative "with food" market would help lager's fortunes further, with 30 per cent of beer drinkers already typically drinking beer, rather than wine, with food.

Changing glassware may also generate growth, with women showing a clear preference for smaller serves and Chalice-shaped glassware, according to Mintel research.

Classic pint glasses remain popular with other drinkers however, 27 per cent of on-trade beer drinkers saying they prefer a nonic glass and 16 per cent a tulip glass.

The category continues to benefit from housing some of the biggest retail brands in the UK, with Stella Artois, Foster's, Carlsberg, Budweiser and Carling making up the top five.

AB InBev's purchase of SAB Miller last year (2016) has led to further consolidation of the market and analysts suggest this could lead to ...More info on site


Brewery news Ireland: Analysts expect Ireland’s craft beer to repeat the history of the US craft beer sector
Walk into any Irish bar or off–license today, and you will find yourself being treated to a plethora of gins, craft beers, and bespoke cocktails. With over 30 craft distilleries and 62 production micro-breweries operating in Ireland with numerous brands each, the question must be asked, will the craft industry’s bubble burst?

A representative of Foley’s Bar on Merrion Row speaking to the Observer explained that: “the growth we noticed in gin, craft beer, and cocktail sales from 2015-2016 was remarkable. However, in recent months, including the Christmas period, cocktails and craft beers have seen a decline in sales, the same can be said for premium sales but to a lesser extent.”

As of 2015, gin was worth €75 million to the Irish drinks industry. Brands such as Hendrick’s, Brockmans, and the Irish distilled Dingle Gil, lead the premium market. This left less room for craft distilleries to gain appropriate market share. In contrast, Irish brewed craft beer was worth around €40 million in 2015 and has a projected revenue of €59 million in 2016, with similar market share concerns.

Between the years of 2012 to 2015, the craft beer industry boomed in Ireland. Consumers drank 197,000 hectolitres of homebrewed stouts, ales and ...More info on site


Brewery news Sri Lanka: Asia Pacific Brewery (Lanka) Ltd changes name to Heineken Lanka Limited
Asia Pacific Brewery (Lanka) Ltd changed its corporate identity to Heineken Lanka Limited with effect from February 13, 2017, the Daily Mirror reported.

The change in the corporate identity is to better reflect the relationship with the Heineken Group and the presence in Sri Lanka as a full-fledged subsidiary of the Heineken Group.

Commenting on the corporate identity change, Managing Director of Heineken Lanka Ltd, Dusty Alahakoon said, “We are delighted to change our corporate identity from Asia pacific Brewery (Lanka) Ltd to Heineken Lanka Ltd. This clearly reflects to all our stakeholders that we are now part of a global network of Heineken Group. We believe this change in identity will have a positive impact on our business with our consumers, customers and other stakeholders”.

Prior to 2005, the company was known as United Breweries Ltd which was changed in 2005 to Asia Pacific Brewery (Lanka) Ltd, when Singapore based Asia Pacific Breweries Ltd invested in Sri Lanka. In 2012, HEINEKEN Group fully acquired the Singapore based Asia Pacific Breweries Ltd, which resulted in the integration of the Sri Lanka business to the Heineken Group. Heineken Lanka operates a brewery in Mawathagama, Kurunegala, which brews international and ...More info on site



BarleyBarley News Barley


Barley newsEU: Malting barley maintains good premium over feed, end of season supplies look very tight
All season long malting barley maintained a good premium above feed barley, as EU supplies were not abundant and farmers were extremely reluctant sellers, ...More info on site


Barley newsCanada: Barley use expected to increase both in 2016/17 and 2017/18
For 2016-17, Canada’s domestic barley use is forecast to increase by 5% to 6.401 mln tonnes due to higher feed use in cattle and ...More info on site


Barley news World: Trade agreements signed, expanded, and cancelled
The Trade Committee of the European Parliament has approved the CETA Free Trade Agreement between Canada and the EU. Vote of the full assembly will follow mid-February. Most import taxes for grains and grain products will be lowered by 7.5% annually during an 8-year transition period, after which duties will be zero on both sides, H. M. Gauger GmbH reported early in February.

The TTIP negotiations with the USA will certainly be discontinued under the Trump administration. The TPP (trans-Pacific) agreement has been cancelled, and the NAFTA agreement in North America is under threat of revisions as well, mostly between the U.S. and Mexico. Mexico and Canada are the second and third largest customers of U.S. agri-products.

As of this year the DCFTA (deep and comprehensive FTA) between the EU and the Ukraine is in force. The duty-free quantity of barley imports into the EU rises from 250 to 270,000 tonnes. An additional annual quota of 350,000 tonnes of barley will be decided upon in spring.



WhiskyWhisky News Whisky


Whisky newsWorld: UK’s single malt whisky exports top £1 bln for the first time
Single malt Scotch whisky topped £1 bln worth of exports for the first time in 2016, the BBC News reported on February 20.

The milestone ...More info on site


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