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Flash Summary
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E-Malt.com Flash 17a
April 24 - April 26, 2017
Quote of the Week
Wine is but a single broth, ale is meat, drink and cloth.
English proverb
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Currency Rates
Base Currency: Euro
on April 26, 2017 |
Base Currency: US Dollar
on April 26, 2017 |
| |
1 EUR = 1.0891 USD
1 EUR = 0.8493 GBP
1 EUR = 1.4790 CAD
1 EUR = 1.4454 AUD
1 EUR = 120.3400 JPY
1 EUR = 3.4329 BRL
1 EUR = 60.7932 RUB
1 EUR = 7.4976 CNY
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1 USD = 0.9181 EUR
1 USD = 0.7807 GBP
1 USD = 1.3564 CAD
1 USD = 1.3252 AUD
1 USD = 110.4000 JPY
1 USD = 3.1369 BRL
1 USD = 55.8453 RUB
1 USD = 6.8843 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 26, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
178.50-180.50 |  |
| 6RW Malting Barley (FOB Creil) |
161.00-163.00 | |
| 2RS Malt (FOB Antwerp) |
377.00-379.00 | |
| 6RW Malt (FOB Antwerp) |
356.00-358.00 | |
| Feed Barley (FOB Creil) |
135.00-137.00 |  0.73% |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
182.50-184.50 | |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
377.50-379.50 | |
| 6RW Malt (FOB Antwerp) |
352.50-354.50 | 0.35% |
| 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 | 0.43% |
| Malting Barley (West) |
1,149.00-1,151.00 | 0.43% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,214.00-1,216.00 | |
| Malting Barley (West) |
1,214.00-1,216.00 | |
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 |
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| 2-Row Malt, bulk, truck/railcar, Winnipeg |
573.00-575.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
593.00-595.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
162.00-164.00 |
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| Feed Barley, basis Winnipeg |
162.00-164.00 |
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| Feed Barley, bulk in store, Vancouver |
222.00-224.00 |
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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 |
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| 6-Row Malt, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
105.00 |
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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.
Brazil: AB InBev convinced about the potential of Brazilian consumer market
...Click here
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India: Beer market volume expected to reach nearly 470 bln litres by the end of 2017
...Click here
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Canada: Molson Coors starts construction of its new brewery in British Columbia
...Click here
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World: Malting industry in good mood and optimistic for the coming years
...Click here
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World: World barley crop forecast at 144 mln tonnes in 2017/18
...Click here
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Australia: Private barley crop estimates are 14 mln tonnes this year
...Click here
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Canada: Barley acreage expected to decline 8% this year
...Click here
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Australia: Malting barley prices on par or below feed values and will hardly pick up again until next harvest
...Click here
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EU: Winter barley yield forecast increased to 5.82 t/ha
...Click here
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Serbia: Carlsberg’s investments in Serbia total 220 mln euro since 2003
...Click here
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India: Heineken calls for Mallya to quit United Breweries
...Click here
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Graph of the week
Table of the week
USA Hop Production by Variety 2012-2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
THE TRUE BITTERNESS OF HUMULINONES
ABSTRACT
A couple of recent studies revealed that the increased
bitterness in dry hopped beers is greatly influenced by
the formation of humulinones (oxidized hop alpha-acids). Using previously established synthesis methods and
preparative liquid chromatography, high-purity extracts
of humulinones and hulupones were prepared for
sensory testing. A trained flavour descriptive panel
found humulinones to be 66% as bitter as iso-alpha-acids,
and hulupones to be 84% as bitter as iso-alpha-acids.
This study also found that the bitterness intensity of
humulinones and hulupones are substantially higher
than previous estimates of 35% and 50%, respectively.
Whereas iso-alpha-acids were confirmed to be more bitter
than oxidized alpha-acids and beta-acids, both hulupones and
humulinones were bitter enough to potentially have
a significant impact in beer, especially in dry hopped
beers. The threshold value of humulinones was found
to be around 8 mg/L in unhopped beer.3
Algazzali, V.; Bitterness Intensity of Oxidized Hop Acids: Humulinones and Hulupones
Read more
Source: Barth Innovations
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These Days in Business History
24 April
1704 - "Boston News-Letter," 1st successful newspaper in U.S., forms
1888 - Eastman Kodak Co. forms
1957 - The BBC first broadcast The Sky at Night presented by Patrick Moore
1981 - IBM-PC computer introduced
1990 - West and East Germany agree to merge currency and economies on July 1st
2004 - The United States lifts economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction
25 April
1905 - World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 - Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities -- the biggest failure of a brokerage yet on record
1955 - Columbia U scientists develope an atomic clock accurate to within one second in 300 years
26 April
1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
Agenda
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
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Brewery News
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Brazil: AB InBev convinced about the potential of Brazilian consumer market
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Anheuser-Busch InBev, the world's largest brewer, remains convinced about the potential of the Brazilian consumer market despite declining beer sales over the past two
...More info on site
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The Czech Republic: Beer output up 1.9% last year
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Czech brewers produced a record amount of beer last year - 20.5 mln hl which is 1.9% more than in 215, České Noviny reported.
Total
...More info on site
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India: Beer market volume expected to reach nearly 470 bln litres by the end of 2017
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Having seen substantial growth since 2011, India’s beer market is expected to reach volumes of nearly 470 bln litres by the end of this
...More info on site
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Canada: Molson Coors starts construction of its new brewery in British Columbia
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Molson Coors' Canadian unit has started construction on a new British Columbia brewery.
The firm said on April 25 that the CAD200 mln (US$147 mln) facility in Chilliwack would employ about 100 people. Production is expected to start in early 2019.
The new brewery will play a "critical role in the company's supply chain", Molson Coors said. The facility will serve as the western Canadian brewing and distribution centre for beer, cider and specialty products. Construction of the site is expected to create 1,000 jobs.
The company announced plans to build the "technologically advanced" site last August. The news followed the CAD185 mln (then-US$144.5 mln) sale of its Vancouver brewery.
Earlier this month, Molson Coors along with Anheuser-Busch InBev hit back at comments from Boston Beer Co founder Jim Koch, who accused them of stifling the US craft beer market.
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Serbia: Carlsberg’s investments in Serbia total 220 mln euro since 2003
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Danish brewer Carlsberg has invested 220 million euro ($239.6 million) in Serbia since it set foot in the country in 2003, the head of the regional government of Serbia's Vojvodina province, Igor Mirovic, said.
"The intensive economic development is not only a key objective but I would say the top priority," Mirovic said during the celebration of the 125th anniversary of the brewery of Carlsberg in Celarevo, in northern Serbia, according to a statement issued by Vojvodina government on April 24.
In addition to modernising the brewery in Celarevo, Carlsberg has made significant donations to the local community, which represents the biggest Danish investment in Serbia, Morten Skovgaard Hansen, charge d'affaires of the Danish embassy, said in the statement.
Carlsberg acquired a 52% stake in Pivara Celarevo in 2003. The Danish company lifted its stake in the brewery to 99.96% in 2004 and renamed it to Carlsberg Serbia. The Celarevo brewery produces the Lav, Merak, Carlsberg, Tuborg and Grimbergen Blonde brands of Carlsberg.
The Danish group lifted the annual production capacity of the Celarevo brewery to 126,900 hectolitres from 93,900 hectolitres by completing an overhaul project in 2008.
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India: Heineken calls for Mallya to quit United Breweries
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Vijay Mallya is under intense pressure from Dutch brewing giant Heineken to relinquish his position as chairman of United Breweries, The Drinks Business reported on April 25.
Having inherited United Breweries (UB) from his late father, Mallya is facing a clamour to quit as chairman of the company that holds a 52% share of India’s beer market.
Dutch giant Heineken obtained a 37.5% stake in UB when it took over Scottish & Newcastle Breweries in 2008. Until then S&N had been a joint partner with the Indian brewer. At the time Mallya complained that the takeover raised questions of conflicting interests as it would give Heineken inside knowledge of UB’s strategy.
A compromised was reached, one condition of which was that Mallya would remain chairman of United Breweries for life.
But since then India’s stock market authorities have suspended Mallya from taking part in any market-related operations and from holding any responsible position in a quoted company. He is facing extradition to India over fraud allegations and has been declared a “wilful defaulter” over loans from 17 banks to prop up his failed Kingfisher airline.
Those are grounds that could be used to invalidate Heineken’s agreement with him.
Heineken now holds 43% of UB, giving it
...More info on site
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Barley News
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World: Malting industry in good mood and optimistic for the coming years
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Maltsters are in a good mood and optimistic for the coming years. Barley crops had been variable in the Northern Hemisphere, but are excellent
...More info on site
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World: World barley crop forecast at 144 mln tonnes in 2017/18
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The 2017/18 world barley crop forecast in IGC’s latest report is 144 mln tonnes, minus 5 mln tonnes y/y. Trade is expected at 27
...More info on site
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Australia: Private barley crop estimates are 14 mln tonnes this year
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Australia’s private crop estimates are 14 mln tonnes of barley, H. M. Gauger GmbH said earlier in April.
Inland and port logistics have operated
...More info on site
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Australia: Malting barley prices on par or below feed values and will hardly pick up again until next harvest
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Malting barley prices have slumped to be on par or below feed barley values, after a short window to sell the premium grain this
...More info on site
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Canada: Barley acreage expected to decline 8% this year
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Canadian farmers across almost all provinces report that they intend to seed less barley in 2017, Statistics Canada said on April 21.
The acreage is expected to decline 8% to 5.9 million acres nationally.
As for wheat, reported intending to seed 23.2 million acres of all varieties of wheat in 2017, relatively unchanged from the area seeded in 2016. Western producers, accounting for 95% of this acreage, are expecting only a slight increase of 0.4% overall, to 22.0 million acres.
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EU: Winter barley yield forecast increased to 5.82 t/ha
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The European Union's crop monitoring service slightly increased its forecast of this year's soft wheat yield in the bloc to 6.05 tonnes per hectare (t/ha) from 6.02 t/ha in its initial outlook last month. This would be 8.2 percent above the average EU soft wheat yield in 2016, when the crop was hit by adverse weather, the MARS service said in a monthly report published on April 24.
It also slightly lifted its outlook for the EU's 2017 winter barley yield to 5.82 t/ha from 5.81 t/ha last month, but left the spring barley yield forecast unchanged at 4.21 t/ha.
For grain maize, MARS put the average yield at 7.13 t/ha, up from 7.12 t/ha seen last month.
In oilseeds, MARS lowered its projection of this year's rapeseed yield to 3.27 t/ha from 3.29 t/ha.
It kept its forecast of the EU's average sugar beet yield in 2017 unchanged at 74.2 t/ha.
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