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Flash Summary
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E-Malt.com Flash 24a
June 12 - June 14, 2017
Quote of the Week
Beer has long been the prime lubricant in our social intercourse and the sacred throat-anointing fluid that accompanies the ritual of mateship. To sink a few cold ones with the blokes is both an escape and a confirmation of belonging.
Rennie Ellis
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Currency Rates
Base Currency: Euro
on June 14, 2017 |
Base Currency: US Dollar
on June 14, 2017 |
| |
1 EUR = 1.1217 USD
1 EUR = 0.8808 GBP
1 EUR = 1.4892 CAD
1 EUR = 1.4880 AUD
1 EUR = 123.4300 JPY
1 EUR = 3.7045 BRL
1 EUR = 63.7729 RUB
1 EUR = 7.6245 CNY
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|
1 USD = 0.8926 EUR
1 USD = 0.7873 GBP
1 USD = 1.3268 CAD
1 USD = 1.3253 AUD
1 USD = 110.0300 JPY
1 USD = 3.3144 BRL
1 USD = 56.9096 RUB
1 USD = 6.7976 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 14, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
175.50-177.50 |  0.56% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 |  |
| 2RS Malt (FOB Antwerp) |
374.50-376.50 | 0.33% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | |
| Feed Barley (FOB Creil) |
139.00-141.00 | 0.71% |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
177.50-179.50 | 0.56% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | 1.24% |
| 2RS Malt (FOB Antwerp) |
371.50-373.50 | 0.33% |
| 6RW Malt (FOB Antwerp) |
347.50-349.50 | 0.70% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,194.00-1,196.00 | 0.83% |
| Malting Barley (West) |
1,194.00-1,196.00 | 0.83% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,214.00-1,216.00 | 0.82% |
| Malting Barley (West) |
1,214.00-1,216.00 | 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 |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
184.00-186.00 |
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| Feed Barley, basis Winnipeg |
184.00-186.00 |
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| Feed Barley, bulk in store, Vancouver |
246.00-248.00 |
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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 |
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| 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 exports total 2.08 mln tonnes in July – May 2016/17
...Click here
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EU: Barley exports in July-May 2016/17 50% less than last year
...Click here
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France: Winter barley output forecast at 9.34 mln tonnes this year
...Click here
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World: Gain stocks remain burdensome but this year’s consumption is expected to surpass production
...Click here
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Russia: Spring barley sowing area may be reduced to the lowest level in many decades
...Click here
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Australia: Australia selling out its barley stocks at record rates
...Click here
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UK: Regulators warn Heineken over merger plans with Punch Taverns
...Click here
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Graph of the week
Table of the week
EU Malt Export and Import
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
MORE SPECIFICS WHY HOPS ARE GOOD
TO INCREASE FLAVOUR STABILITY
ABSTRACT
German brewing scientists have already been
looking into this for a couple of years. The ability
of hop constituents to suppress the formation of
3-methylbutanal and 2-furfural in wort-like model
systems containing maltose, leucine, and Fe2+ was
investigated. The functional principle by which
hop alpha-acids and beta-acids diminish the formation of
3-methylbutanal and 2-furfural may be ascribed to their
unique molecular structure and chemical properties.
This allows them to perturb oxidative or nonoxidative
formation of aldehydes. Findings from this study indicate that antioxidative potential may be
explained through, but not necessarily limited to,
two mechanisms. First, because of the hop alpha-acids'
complexation functionality towards transition metal
ions such as iron and copper, they can block or
attenuate oxidative pathways of the Maillard reaction
and suppress the generation of reactive oxygen
species, thereby preventing oxidative degradation
of leucine to 3-methylbutanal. Second, once
hydroxyl radicals are formed, they can act directly as
antioxidants and suppressing free radical reactions with
leucine again, which can yield its corresponding
aldehyde. Other aldehydes may show the same
behavior and response to the presence to hop alpha-acids.
Wietstock, P., et al: Hop Constituents Suppress the Formation of 3-Methylbutanal and
2-Furfural in Wort-Like Model Solutions
Read more
Source: Barth Innovations
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These Days in Business History
12 June
1849 - Gas mask patented by Lewis Haslett, Louisville, Kentucky
1928 - After more than 130 years of trading, the New York Stock Exchange finally has its first day on which more than 5 million shares trade hands, as total daily volume hits 5,252,425 shares
1972 - The fast food restaurant chain Popeyes is founded in Arabi, Louisiana
1991 - Microsoft releases MS DOS 5.0
1994 - The Boeing 777, the world's largest twinjet, makes its first flight
13 June
1933 - Financial and Economy World conference opens, 66 countries
1934 - Black-McKeller Bill passes causes Bill Boeing empire to break up into Boeing United Aircraft
[Technologies] and United Air Lines
1975 - 1st oil pumped from North Sea oilfield
14 June
1755 - 1e edition of Dr. Johnsons "Dictionary"
1789 - Whiskey distilled from maize is first produced by American clergyman the Rev Elijah Craig. It is named Bourbon because Rev Craig lived in Bourbon County, Kentucky
1846 - Belgian Liberal Party forms
1946 - Canadian Library Association established
1951 - 1st commercial computer, UNIVAC 1, enters service at Census Bureau
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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Malt News
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EU: Malt exports total 2.08 mln tonnes in July – May 2016/17
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EU malt exports in 1 July 2016 - 30 May 2017 were 2.08 mln tonnes, 13% less than last year and 4.7% less than
...More info on site
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Brewery News
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UK: Regulators warn Heineken over merger plans with Punch Taverns
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Heineken have been warned by UK regulators over their potential merger plans with Punch Taverns, amid concern over maintaining competition in local areas, The Investment Observer reported on June 13.
The Competition and Markets Authority (CMA) said it have located 33 areas where pubs would affect levels of competition and hinder consumer choice following the deal.
Punch Taverns currently owns over 3,500 pub locations across the U.K, with Heineken set to acquire approximately 1,900 if these locations.
Heineken, which already owns 1,100 pubs across the UK, must submit plans to the CMA by 20 June or face further investigation.
Andrea Coscelli, CMA acting chief executive and a key figure in the case, said:
“We have listened very carefully to a range of concerns about this merger. The companies will own less than 10pc of all British pubs after any deal, but we are concerned about the loss of competition for pub goers in a number of local areas.”
The international brewer agreed back in January to a deal worth £403 million, alongside investment firm Patron Capital, which is contributing around £100 million of the agreed upon amount.
In response to the comments, managing director for Heineken UK, David Forde said the CMA’s findings exposed “only a small
...More info on site
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Barley News
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EU: Barley exports in July-May 2016/17 50% less than last year
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EU barley exports over the period 1July 2016 – 30 May 2017 were 4.95 mln tonnes, 50% less than last year, H. M. Gauger
...More info on site
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France: Winter barley output forecast at 9.34 mln tonnes this year
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France's agriculture ministry issued its first forecast for French output of winter barley, seeing production of 9.34 mln tonnes this year - a rise
...More info on site
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World: Gain stocks remain burdensome but this year’s consumption is expected to surpass production
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World grain stocks remain burdensome and market prices under pressure. However, this year’s consumption will surpass production, leading to smaller end stocks by summer
...More info on site
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Russia: Spring barley sowing area may be reduced to the lowest level in many decades
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Russia may reduce the sowing area under spring barley to the lowest level in many decades as farmers are switching to more profitable maize
...More info on site
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Australia: Australia selling out its barley stocks at record rates
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Australia may soon have to hang “sold out” signs on canola and barley, with a strong exports over the past nine months whittling away
...More info on site
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 Hops News
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World: Hop acreage up 5.4% this year
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A number of countries are again expanding hop acreage in 2017, the Barth-Haas Group reported on June 14.
This year, global hop acreage is
...More info on site
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