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Flash Summary
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E-Malt.com Flash 17b
April 27 - April 30, 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 28, 2017 |
Base Currency: US Dollar
on April 28, 2017 |
| |
1 EUR = 1.0881 USD
1 EUR = 0.8442 GBP
1 EUR = 1.4783 CAD
1 EUR = 1.4576 AUD
1 EUR = 121.2700 JPY
1 EUR = 3.4387 BRL
1 EUR = 62.1664 RUB
1 EUR = 7.5024 CNY
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|
1 USD = 0.9178 EUR
1 USD = 0.7763 GBP
1 USD = 1.3598 CAD
1 USD = 1.3382 AUD
1 USD = 111.2600 JPY
1 USD = 3.1720 BRL
1 USD = 56.9707 RUB
1 USD = 6.8948 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 28, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
178.50-180.50 |  |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
377.00-379.00 | |
| 6RW Malt (FOB Antwerp) |
357.00-359.00 | 0.34% |
| Feed Barley (FOB Creil) |
136.00-138.00 | 0.74% |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
183.50-185.50 | 0.55% |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 | 0.61% |
| 2RS Malt (FOB Antwerp) |
378.50-380.50 | 0.33% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
176.50-178.50 | 0.12% |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,154.00-1,156.00 | 0.43% |
| Malting Barley (West) |
1,154.00-1,156.00 | 0.43% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,224.00-1,226.00 | 0.82% |
| Malting Barley (West) |
1,224.00-1,226.00 | 0.82% |
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 |
162.00-164.00 |
|
| Feed Barley, basis Winnipeg |
162.00-164.00 |
|
| Feed Barley, bulk in store, Vancouver |
222.00-224.00 |
|
US Barley/Malt
Crop 2016 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
131.00-133.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
| 6-Row Malt, bulk, railcar Minneapolis, Minnesota |
nq |
|
| Feed Barley, basis Great Falls, Montana |
104.00-106.00 |
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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.
World: Craft, alcohol-free beer, Africa, whisky and food demand brighten up malt industry’s prospects
...Click here
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Nigeria: Guinness Nigeria Plc’s nine-month revenue grows 29%
...Click here
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Bulgaria: Heineken’s Zagorka brewery reports 2.8% increase in operating profit in 2016
...Click here
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World: Malting barley surplus to exceed deficit in 2017/18 - analysts
...Click here
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USA & Canada: Barley acres expected to drop both in the US and Canada
...Click here
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EU: Malting barley prices react to frosts in France
...Click here
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France: Barley condition declines sharply in farm office’s weekly report
...Click here
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Belarus: Beer import down five times in the past two years
...Click here
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India: United Breweries betting on its new Kingfisher Storm to wean away consumers from Carlsberg
...Click here
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Ukraine: Persha Pryvatna Brovarnia to start brewing Czech beer Krušovice under license in early June
...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.
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
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
29 April
1813 - Rubber is patented
1910 - The Parliament of the United Kingdom passes the People's Budget, the first budget in British history with the expressed intent of redistributing wealth among the British public
1913 - Swedish engineer Gideon Sundback of Hoboken patents all-purpose zipper
1953 - The first U.S. experimental 3D television broadcast showed an episode of Space Patrol on Los Angeles ABC affiliate KECA-TV
1977 - British Aerospace forms
30 April
1506 - Philip of Bourgondy and England sign trade agreement
1925 - Automaker Dodge Brothers, Inc is sold to Dillon, Read & Co. for US$146 million plus $50 million for charity
1939 - NBC inaugurates its regularly scheduled television service in New York City, broadcasting President Franklin D. Roosevelt's N.Y. World's Fairopening day ceremonial address
1939 - NBC/RCA 1st public TV demo with Franklin D. Roosevelt at opening of New York World's Fair
1995 - Sun Microsystems launches Java, the universal Internet programming language that brings "white space" and greater interactivity to millions of websites and Internet users
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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Malt News
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World: Craft, alcohol-free beer, Africa, whisky and food demand brighten up malt industry’s prospects
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On the bright side of malt markets there is the unbelievable success of craft beer, where countries all over the world start to follow
...More info on site
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Brewery News
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Nigeria: Guinness Nigeria Plc’s nine-month revenue grows 29%
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Guinness Nigeria Plc, the nation’s leading alcoholic beverage manufacturer and a subsidiary of Diageo Plc, has released its unaudited results for the nine months
...More info on site
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Bulgaria: Heineken’s Zagorka brewery reports 2.8% increase in operating profit in 2016
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The operating profit of Bulgaria's Zagorka, part of Dutch group Heineken, rose by 2.8% to a record-high 26.9 million levs ($14.98 million/13.74 million euro)
...More info on site
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Belarus: Beer import down five times in the past two years
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Belarus has reduced beer imports five times in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said in an interview to Respublika newspaper, BelTA has learned.
“I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced five times in the past two years. Dozens of beer varieties that were imported before are now produced in Belarus. The domestic breweries have reached a surplus in foreign trade, selling more beer than buying from abroad,” Alexander Zabello said.
Last year all the Belarusian breweries posted net profit, including even those who operated in the red for a long time: Brestskoye Pivo, Krinitsa, Heineken. “The concern has developed good business-like relations with the market participants. An agreement on cooperation was signed between Belgospishcheprom and the brewing companies. This document does not envisage any strict liabilities. It is about a direct dialogue between the regulator and the market actors. Regular meetings are held to discuss problems and elaborate effective measures to further develop the industry and protect national producers against unfair competition. The domestic brewing industry
...More info on site
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India: United Breweries betting on its new Kingfisher Storm to wean away consumers from Carlsberg
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India’s largest beermaker United Breweries (UB) is betting on its latest strong brew, Kingfisher Storm, to wean away customers from rival Carlsberg that has steadily gained 15% market share over the past five years, the Economic Times reported on April 27.
Storm will directly compete with Carlsberg Elephant, Tuborg Strong, and the recently introduced Tuborg Classic. The product will be rolled out across India in the next 18 months. This is the most aggressive launch by UB in over eight years, said acompany official, requesting anonymity.
“There is a movement toward a smoother drinking experience — typically falling between 5% and 7% alcohol content," he said.
To ride out a prolonged slump in the beer industry that fell 2% in FY17, UB is banking on youngsters to spend more on a strong beer with a smooth taste.
According to experts, India’s beer market has traditionally been driven by strong beer, which accounts for about 80% of the country’s overall sales volume of 300 million cases. This year, the beer industry is expected to expand 5-7%, paced by premium product launches and expansions, according to the country’s top breweries.
UB, which has a market share of
...More info on site
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Ukraine: Persha Pryvatna Brovarnia to start brewing Czech beer Krušovice under license in early June
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Persha Pryvatna Brovarnia, an independent brewery based in Lviv, Ukraine, has received a license form Heineken Concern to produce Czech beer Krušovice and will start its production in early June, Interfax-Ukraine reported on April 27.
"This year we received a license from Heineken Concern to produce Krušovice and in a month will start producing this famous Czech beer," the co-owner of Persha Pryvatna Brovarnia Andriy Matsola said in an interview with Interfax-Ukraine.
He said that usually it takes three or five years to receive the beer production license from Heineken. Persha Pryvatna Brovarnia started negotiations with Heineken in 2012 and at the end of 2015 and early 2016 the brewery launched Heineken beer production in Ukraine under the license.
"The vice president of Heineken personally flew [to Ukraine] to inspect. The whole structure was inspected: from the head office, retail staff, atmosphere and policy of the company to tests of production facilities. In 2015, Persha Pryvatna Brovarnia was the fourth company in the world that received this license from Heineken, not being in ownership of the concern," Matsola said.
He said that Heineken does not plant to enter the Ukrainian market.
Persha Pryvatna Brovarnia was created in 2004. It manages two breweries with a total
...More info on site
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Barley News
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World: Malting barley surplus to exceed deficit in 2017/18 - analysts
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According to the latest report of the analysts H. M. Gauger GmbH, the global malting barley surplus may reach 6.1-7.1 mln tonnes in 2017/18,
...More info on site
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USA & Canada: Barley acres expected to drop both in the US and Canada
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Barley acres in the U.S. are forecast at 1.03 mln ha, 200,000 ha down from last year, H. M. Gauger GmbH said in their
...More info on site
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EU: Malting barley prices react to frosts in France
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Malting barley prices went up the last days as a reaction to frosts in France (some regions had temperatures of -8/9 degrees Celsius which
...More info on site
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France: Barley condition declines sharply in farm office’s weekly report
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The condition of French wheat and barley crops declined sharply last week, marking a third successive weekly fall, farm office FranceAgriMer said, suggesting a dry spell was affecting crops in the European Union's biggest cereal producer.
Warm, dry weather in the past month has raised concern about low moisture levels in France after a very dry winter.
In its weekly crop report on April 28, FranceAgriMer estimated that 78 percent of soft wheat crops were in good or excellent condition as of April 24, compared with 85 a week earlier.
Winter barley was rated 71 percent good or excellent, down from 78 percent a week earlier, while spring barley was rated 80 percent good/excellent against 85 percent the prior week.
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 Whisky News
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UK: Scotch whisky exports up 4% in 2016
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The Scotch Whisky Association (SWA) has confirmed that Scotch whisky exports grew 4% in 2016 following years of flat or declining development, with single
...More info on site
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