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Flash Summary
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E-Malt.com Flash 22b
June 01 - June 04, 2017
Quote of the Week
Don't focus on regrets; find your inspiration in what you can do now.
Catherine Pulsifer
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Currency Rates
Base Currency: Euro
on June 03, 2017 |
Base Currency: US Dollar
on June 03, 2017 |
| |
1 EUR = 1.1217 USD
1 EUR = 0.8727 GBP
1 EUR = 1.5169 CAD
1 EUR = 1.5173 AUD
1 EUR = 125.0200 JPY
1 EUR = 3.6308 BRL
1 EUR = 63.6092 RUB
1 EUR = 7.6507 CNY
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1 USD = 0.8905 EUR
1 USD = 0.7767 GBP
1 USD = 1.3497 CAD
1 USD = 1.3514 AUD
1 USD = 111.1000 JPY
1 USD = 3.2295 BRL
1 USD = 56.6876 RUB
1 USD = 6.8043 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 03, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
176.50-178.50 |  |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 |  0.63% |
| 2RS Malt (FOB Antwerp) |
376.00-378.00 | 0.15% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.51% |
| Feed Barley (FOB Creil) |
140.00-142.00 | 0.71% |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
177.50-179.50 | |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 | |
| 2RS Malt (FOB Antwerp) |
371.50-373.50 | |
| 6RW Malt (FOB Antwerp) |
349.00-351.00 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
177.50-179.50 | 0.51% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,194.00-1,196.00 | |
| Malting Barley (West) |
1,194.00-1,196.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,224.00-1,226.00 | |
| Malting Barley (West) |
1,224.00-1,226.00 | |
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 |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
176.00-178.00 |
4.12% |
| Feed Barley, basis Winnipeg |
176.00-178.00 |
4.12% |
| Feed Barley, bulk in store, Vancouver |
238.00-240.00 |
3.02% |
US Barley/Malt
Crop 2016 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
148.00-150.00 |
|
| 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: Global beer consumption estimated to have dropped by 1.8% last year
...Click here
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The Netherlands & Brazil: Heineken completes acquisition of Brasil Kirin
...Click here
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EU: Barley crop forecast reduced to the lowest since 2012
...Click here
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Australia: Barley crop 2017/18 forecast at better-than-average 10 mln tonnes
...Click here
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Brazil: Heineken to close down Brasil Kirin’s brewery in Rio Grande do Sul
...Click here
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USA & Mexico: Brewing team emphasizes NAFTA importance for US barley
...Click here
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Graph of the week
Table of the week
World Malting Barley Supply and Demand Estimate 2017/18
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
02 June
1891 - Work on trans-Siberian railway begins
1907 - Taxis 1st began running in New York City
1977 - Trans Alaska oil pipeline completed
03 June
1748 - Amsterdam establishes municipal postal service
1889 - The transcontinental Canadian Pacific Railway is completed
1903 - Henry Ford launches the Ford Motor Co. in a refurbished wagon factory in Detroit
1932 - Benjamin Graham publishes the first of a three-part series of articles in Forbes Magazine
04 June
1070 - Roquefort cheese created in a cave near Roquefort, France
1875 - Pacific Stock Exchange opens
1896 - Henry Ford completes the Ford Quadricycle, his first gasoline-powered automobile, and gives it a successful test run
1953 - Woodcock, Hess & Co. of Philadelphia incorporates, becoming the first firm that's a member of the New York Stock Exchange to do so
05 June
1507 - England and Netherlands sign trade agreement
1933 - Gold standard abolished
1933 - The U.S. Congress abrogates the United States' use of the gold standard by enacting a joint resolution (48 Stat. 112) nullifying the right of creditors to demand payment in gold
1947 - Marshall Plan: In a speech at Harvard University, the United States Secretary of State George Marshall calls for economic aid to war-torn Europe
1977 - Apple II, the 1st personal computer, goes on sale
Agenda
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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World: Global beer consumption estimated to have dropped by 1.8% last year
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A new report finds that global alcohol consumption is on the decline, with notably steep drops observed in the consumption of beer and cider,
...More info on site
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USA: Beer consumption down 1.5% in 2016
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Liquid consumption of beer, cider and mixed drinks was down last year in the U.S., and lower-priced brands faced a tougher time with consumers,
...More info on site
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The Netherlands & Brazil: Heineken completes acquisition of Brasil Kirin
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Heineken N.V. announced on June 1st the completion of the transaction to acquire Brasil Kirin Holding S.A. from Kirin Holdings Company, Limited.
The closing of
...More info on site
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Brazil: Heineken to close down Brasil Kirin’s brewery in Rio Grande do Sul
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Heineken has announced the decision to close down the brewery in Gravataí, Rio Grande do Sul, Jornal do Comércio reported on June 1.
The Dutch brewing giant made the announcement on the same day it confirmed the closure of its acquisition of Brasil Kirin.
“The decision to close the production facility in Gravataí was made on the basis of a thorough study of the asset’s viability and due to the necessity of taking the company’s business to the next level of excellence maintaining its economic sustainability,” the company said.
With the acquisition of Brasil Kirin Heineken now owns 16 breweries in Brazil and is the country’s second-largest beer maker with a market share of 20%.
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Barley News
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EU: Barley crop forecast reduced to the lowest since 2012
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Coceral revised down its E.U. 2017-18 grain crop forecast to 297.6 million tonnes from the March forecast of 304.4 million tonnes. The new forecast
...More info on site
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Australia: Barley crop 2017/18 forecast at better-than-average 10 mln tonnes
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Private sources estimate last year's barley crop in Australia at 14 mln tonnes and anticipate a smaller, but better than average crop of 10
...More info on site
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Canada & USA: Barley area lower in both countries
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U.S. maltsters contracted lower malting barley volumes for this year, so farmers planted less barley, especially in North Dakota, H. M. Gauger GmbH reported.
In Canada, feed barley markets came under pressure from low-quality feed wheat, farmers reacted and planted less barley this year. Much unharvested grain of crop 2016 is still in the fields and will probably not be combined at all. Very bad late winter conditions delayed most barley planting till the middle of May, 14 days later than average. However, Canadian farmers have shown in past years that they can withstand poor conditions and still harvest fair to good crops.
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USA & Mexico: Brewing team emphasizes NAFTA importance for US barley
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Beer is Mexico’s top agricultural export to the United States. And Mexico purchases more U.S. barley to brew that beer than from any other market.
A team of Mexican brewing industry leaders is traveling in North Dakota and Montana this week to call attention to the policy that made this mutually beneficial trading relationship possible – the North American Free Trade Agreement (NAFTA), KTIC reported on June 1.
The team – organized by the U.S. Grains Council (USGC), the Montana Wheat & Barley Committee and the North Dakota Barley Council – includes representatives from internationally recognizable beer brands as well as Mexico’s largest craft breweries and industry representatives.
“We welcome our guests and customers to the heart of barley country,” said Kimberly Atkins, USGC vice president and chief operating officer. “NAFTA is critical to the U.S. barley industry’s success and an important story of interdependence to share with our farmers and agricultural industry here at home.”
The terms of NAFTA allow U.S. barley and malt to enter Mexico duty-free, providing a competitive advantage that has fostered an increased integration of the value chains for U.S. barley and malt and Mexican brewing industries.
Mexico purchased more than 680,000 metric tons (31.2 million bushels) of barley valued
...More info on site
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 Hops News
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Germany: Tettnang’s hop area up 5.6% this year
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According to official data, the total 2017 hop acreage in Tettnang - the most southern hop growing area - has been expanded by 72 ha (+5.6%), totalling 1,353.47 ha, the Hop Growers Association Tettnang reported on June 1.
The largest acreage increases are for varieties Herkules (+35 ha) and Tettnanger (+15 ha).
The fine aroma variety Tettnanger remains the most cultivated variety with 747 ha (55% of the area).
Besides, there is an increase for new flavour hops like Ariana, Callista, Monroe or Amarillo, the Association reported.
22 different hop varieties are currently cultivated in Tettnang.
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