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Flash Summary
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E-Malt.com Flash 21a
May 22 - May 24, 2017
Quote of the Week
God made yeast, as well as dough, and he loves fermentation just as dearly as he loves vegetation.
Ralph Waldo Emerson
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Currency Rates
Base Currency: Euro
on May 24, 2017 |
Base Currency: US Dollar
on May 24, 2017 |
| |
1 EUR = 1.1215 USD
1 EUR = 0.8646 GBP
1 EUR = 1.5104 CAD
1 EUR = 1.4939 AUD
1 EUR = 124.6200 JPY
1 EUR = 3.6718 BRL
1 EUR = 63.6189 RUB
1 EUR = 7.7277 CNY
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1 USD = 0.8920 EUR
1 USD = 0.7667 GBP
1 USD = 1.3507 CAD
1 USD = 1.3407 AUD
1 USD = 111.1800 JPY
1 USD = 3.2529 BRL
1 USD = 56.5552 RUB
1 USD = 6.8787 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 24, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
176.50-178.50 |  |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
375.00-377.00 | |
| 6RW Malt (FOB Antwerp) |
354.00-356.00 | 0.35% |
| Feed Barley (FOB Creil) |
139.00-141.00 |  1.45% |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
179.50-181.50 | 0.55% |
| 6RW Malting Barley (FOB Creil) |
160.00-162.00 | |
| 2RS Malt (FOB Antwerp) |
374.00-376.00 | 0.33% |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | |
| 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) |
nq | |
| Malting Barley (West) |
nq | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,184.00-1,186.00 | 0.84% |
| Malting Barley (West) |
1,184.00-1,186.00 | 0.84% |
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 |
583.00-585.00 |
1.74% |
| 2-Row Malt, bulk in store, Vancouver |
603.00-605.00 |
1.68% |
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
169.00-171.00 |
4.29% |
| Feed Barley, basis Winnipeg |
169.00-171.00 |
4.29% |
| Feed Barley, bulk in store, Vancouver |
231.00-233.00 |
4.04% |
US Barley/Malt
Crop 2016 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
148.00-150.00 |
12.88% |
| 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.
EU: Malt sales/purchase programs more or less completed for this year
...Click here
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Vietnam: Habeco targets 9.1% revenue increase this year
...Click here
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EU: France on course for below-average barley yields for a second year
...Click here
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EU: Barley crop in parts of the EU benefit from much needed rain, concerns persist in some areas
...Click here
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China & Saudi Arabia: China and Saudi Arabia represent more than half of barley demand in the world
...Click here
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New Zealand: Hop producers report decline in output this year
...Click here
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USA: Constellation Brands offers to buy Jack Daniel's owner - report
...Click here
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India: The Enforcement Directorate takes possession of Vijay Mallya’s stake in United Breweries
...Click here
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Belgium: Belgian beer officially gains UNESCO World Heritage status
...Click here
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South Korea: Lotte Liquor to release new line of beer
...Click here
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Graph of the week
Table of the week
Europe Hop Production by Country 2013-2016(s)
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HALLERTAU MITTELFRUEH WANTS
TO BREATHE!
ABSTRACT
For years we have learned in university that oxygen
is the enemy of beer and hops, but maybe it isn't in
all cases. US researchers did dry-hopping trials
with Hallertau Mittelfrueh that was oxidised (2 weeks
at 38 degrees Celcius with oxygen) at two levels of hopping (1.5g/L
and 3.8g/L). The impact on the lower hopping rate was
not so significant, but with the higher hopping rate, the
beer was rated more citrusy, floral, herbal and spicy in
comparison to the same beer with non-oxidised hops.
There was no huge difference in preferences either... So
if you brew with Hallertau Mittelfrueh, let it breathe once
in a while.
Vollmer, D.: Aroma Properties of Lager Beer Dry-Hopped with Oxidized Hops
Read more
Source: Barth Innovations
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These Days in Business History
22 May
1785 - Benjamin Franklin announces his invention of bifocals
1900 - Associated Press News Service forms in New York
1918 - King Oil/Shell refinery on Curacao officially opens
23 May
1922 - Walt Disney incorporates his 1st film company Laugh-O-Gram Films
1956 - World Trade Center dedicated in Ferry Building, San Francisco
1995 - Sun Microsystems launches Java, the universal Internet programming language
1995 - The first version of the Java programming language is released
24 May
1688 - The earliest known book on the stock market, Joseph Penso de la Vega's Confusion de Confusiones (Confusion of Confusions), appears
1883 - The Brooklyn Bridge in New York City is opened to traffic after 14 years of construction
1956 - The first Eurovision Song Contest is held in Lugano, Switzerland
1973 - The Stock Exchange of Singapore is founded
1985 - Quantum Computer Services is incorporated in Delaware. In 1991 it changes its name to America Online, Inc.
Agenda
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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EU: Malt sales/purchase programs more or less completed for this year
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EU maltsters and brewers have more or less completed their sales/purchase programs for the present calendar year, H. M. Gauger GmbH reported earlier this
...More info on site
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Brewery News
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Vietnam: Habeco targets 9.1% revenue increase this year
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Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) targets total revenue of over 8.8 trillion VND (390 million USD) in 2017, up 9.1
...More info on site
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India: The Enforcement Directorate takes possession of Vijay Mallya’s stake in United Breweries
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The Enforcement Directorate has taken possession of liquor baron Vijay Mallya’s stake in United Breweries and also stakes in other listed companies, a senior ED official told Moneycontrol.
Labelled a willful defaulter by banks, Mallya owes lenders Rs 8,191 crore as of December 31, 2016, according to a written reply in the Rajya Sabha by Minister of State for Finance Santosh Kumar Gangwar.
Mallya owns around 8 percent directly in United Breweries and another 22 percent through privately held firms. Mallya also directly owns around 7 percent in United Breweries Holdings, and also shares in United Spirits.
In the case of United Breweries, nearly the entire direct holding and a little over a quarter of the indirectly held stake is pledged with banks.
According to a report in a business daily, Heineken had recently approached the banks with a proposal to buy out all of Mallya’s United Breweries shares pledged with them. Heineken owns a little over 43 percent in United Breweries, which makes the Kingfisher brand of beer.
The Dutch beer giant has been looking to hike stake in UB for a while now.
With the ED now taking possession of Mallya’s stake in United Breweries, Heineken cannot increase its stake in the company by
...More info on site
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Belgium: Belgian beer officially gains UNESCO World Heritage status
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Belgian beer is drinking to its recent success. The UNESCO representative in Brussels, Paolo Fontani, on May 19 gave to ministers having responsibility for culture in Belgium a certificate attesting to recognition of the production of Belgian beer. As a consequence, this is now considered to have UNESCO intangible cultural world heritage status, The Brussels Times reported.
An official ceremony took place in the Brussels Town Hall. Present were Alda Greoli (of the Wallonia-Brussels Federation), Isabelle Weykmans (of the German-speaking community) and Sven Gatz (from the Flemish community).
All participants stressed the strong collaboration upon this issue of these three Belgian communities. UNESCO made its official decision on November 30th last year.
The nomination of Belgian beer had been launched two years ago, by the intervention of the German-speaking community. This thus avoided the long queue of applications, which the nomination would have stuck in if it had been introduced by Belgium as a nation.
The Belgian request was backed up by the entire brewing sector: the Belgian Brewers association, professional brewers and tasters, and industry training institutions.
Those who wrote the UNESCO application say that it is the unmatched diversity of the art of Belgian brewing and the intensity of the actual
...More info on site
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South Korea: Lotte Liquor to release new line of beer
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Lotte Liquor said on May 24 that it would be releasing a new line of beer on June 1, in the hope of finding growth in a stagnant domestic beer market, The Korea Herald reported.
“The beer market in Korea has been growing at a compound annual growth rate of 4.9 percent between 2014 and 2016, but much of that growth has been fuelled by imported beers,” said Baek Seung-sun, head of marketing for the new Fitz Super Clear beer, at a press conference at Lotte Hotel World in southern Seoul on May 24.
Fitz, the second line of original beers from Lotte Liquor following premium beer brand Kloud, hopes to break preconceptions that Korean beers are bland and tasteless, and fuel sales in the low-cost standard beer market.
“The beer was developed with the concept of being ‘clear,’ of being light and having a clean aftertaste,” explained Vice Chairman Lee Jae-hyuk, who heads Lotte Group’s food business unit. “Many other beers have tried to create a dry taste, but we wanted something clear. A beer that starts rich, but immediately clears up and leaves the original taste to the last drop.”
To create this fresh aftertaste, Fitz was created with German Herkules hop
...More info on site
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Barley News
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EU: Old crop malting barley virtually sold out
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Old crop malting barley is virtually sold out in all EU countries except Denmark, industry sources report.
According to H. M. Gauger GmbH analysts,
...More info on site
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EU: France on course for below-average barley yields for a second year
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French farmers are on course for below-average barley and wheat yields for a second year, European Union officials said as they cut forecasts for
...More info on site
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EU: Barley crop in parts of the EU benefit from much needed rain, concerns persist in some areas
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Barley crops in parts of the European Union have benefited from much needed rains in the last few days but concerns persist in other
...More info on site
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China & Saudi Arabia: China and Saudi Arabia represent more than half of barley demand in the world
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Two countries - Saudi Arabia and China - represent more than half of the barley demand in world markets; Saudi Arabia is the No.
...More info on site
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Hops News
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New Zealand: Hop producers report decline in output this year
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New Zealand hop production is down by about 10 percent, with the yield of some varieties falling by 30 percent, Radio New Zealand reported
...More info on site
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Whisky News
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USA: Constellation Brands offers to buy Jack Daniel's owner - report
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Constellation Brands Inc, maker of Corona and Modelo beers, has offered to buy Jack Daniel's owner Brown-Forman Corp, CNBC reported on May 23, citing people with knowledge of the matter.
Brown-Forman is not interested in selling, but has informed the board of Constellation Brands' interest, the report said, citing sources.
Shares of Brown-Forman, which has a market cap of about $22 billion, fell 3.8 percent to $54.93 in late afternoon trading on May 23. Constellation slipped 1.3 percent to $181.72.
The Brown family, fifth-generation owners of Brown-Forman, control a majority of voting shares and have historically indicated that they do not want to sell the company, according to the report.
Brown-Forman declined to comment, while Constellation Brands said it was company policy to not comment on rumors or speculation regarding any transaction.
Jack Daniel's is a brand of Tennessee whiskey and the top selling American whiskey in the world.
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