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E-Malt.com Flash 24b June 15 - June 18, 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 16, 2017 |
Base Currency: US Dollar on June 16, 2017 |
|
1 EUR = 1.1166 USD
1 EUR = 0.8764 GBP
1 EUR = 1.4826 CAD
1 EUR = 1.4722 AUD
1 EUR = 122.9500 JPY
1 EUR = 3.6559 BRL
1 EUR = 64.2795 RUB
1 EUR = 7.5985 CNY
|
|
1 USD = 0.8942 EUR
1 USD = 0.7845 GBP
1 USD = 1.3260 CAD
1 USD = 1.3170 AUD
1 USD = 110.0200 JPY
1 USD = 3.2729 BRL
1 USD = 57.4437 RUB
1 USD = 6.8004 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
June 16, 2017 |
French Barley/Malt Crop 2016 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
175.50-177.50 | |
6RW Malting Barley (FOB Creil) |
158.00-160.00 | |
2RS Malt (FOB Antwerp) |
374.50-376.50 | |
6RW Malt (FOB Antwerp) |
353.50-355.50 | |
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) |
157.00-159.00 | 0.63% |
2RS Malt (FOB Antwerp) |
371.50-373.50 | |
6RW Malt (FOB Antwerp) |
346.50-348.50 | 0.35% |
Feed Barley (FOB Creil) |
nq | |
German Malting Barley Crop 2016 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
177.00-179.00 | 0.13% |
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 | 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 |
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 |
|
Feed Barley, basis Winnipeg |
184.00-186.00 |
|
Feed Barley, bulk in store, Vancouver |
246.00-248.00 |
|
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 |
|
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Germany and US report lower beer sales in January-April this year
...Click here
|
Germany: Barley crop forecast lifted by 60,000 tonnes
...Click here
|
Canada: Barley use forecast to increase to 6.226 mln tonnes this year, exports expected to drop 2%
...Click here
|
World: Crop conditions in Europe and Asia extremely variable during winter and spring
...Click here
|
USA & Japan: US barley farmers finding a growing high-value market in Japan
...Click here
|
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
15 June
1762 - Austria uses 1st paper currency
1909 - 1st U.S. airplane sold commercially, by Glenn Curtiss for $5,000
1949 - Gas turbine-electric locomotive demonstrated, Erie Pa
1954 - UEFA (Union of European Football Associations) is formed in Basel, Switzerland
16 June
1903 - Pepsi Cola Company forms
1903 - Ford Motors incorporates
1911 - IBM founded as the Computing-Tabulating-Recording Company in Endicott, New York
1963 - 1st woman in space, aboard Vostok 6
1983 - European Space Agency launches European Comm Satellite 1, Oscar 10
17 June
1885 - Statue of Liberty arrived in New York City
1970 - Edwin Land patents Polaroid camera
1988 - Microsoft releases MS DOS 4.0
18 June
1840 - Samuel Morse patents his telegraph
1943 - Congress of Racial Equality (CORE) founded
1948 - .N. Commission on Human Rights adopts International Declaration of Human Rights
2009 - The Lunar Reconnaissance Orbiter (LRO), a NASA robotic spacecraft is launched
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
Brewery News
|
World: Germany and US report lower beer sales in January-April this year
|
There are few reports of beer sales, and they are negative (April had 3 business days less than average months), H. M. Gauger GmbH
...More info on site
|
Cyprus: Beer consumption up 19.6% in May
|
Consumption of beer in Cyprus showed a significant annual increase of 19.6 per cent in May, according to figures released by the Statistical Service.
The consumption of beer increased to 4,427,384 litres, compared with 3,701,307 litres in May 2016.
By contrast, beer exports fell in May 2017 to 41,375 litres, compared with 152,040 litres in the same month last year, a reduction of 72.8 per cent.
In the first five months of the year the total consumption of beer (local consumption and exports) increased to 13.02 million litres, against 12.32 million litres in the same period last year.
|
Barley News
|
EU: New crop malting barley markets looking tight
|
New crop barley, specifically malting barley markets, look tight enough that European farmers and coops refuse to sell the unharvested barley, H. M. Gauger
...More info on site
|
World: Barley prices forecast 'to soften'
|
Barley prices appear poised to lose some of their vim, but for oats, there is potential yet for a further "rally" before harvest pressure
...More info on site
|
EU: Volatility back to malting barley markets
|
Volatility is back to the malting barley market, with brewers showing up in several European countries, meeting lack of farmer selling, GrainCom reported on
...More info on site
|
Germany: Barley crop forecast lifted by 60,000 tonnes
|
German farm co-operatives underlined the benefit to the country's wheat crop from recent rains, although the precipitation had proved less able to boost prospects
...More info on site
|
Canada: Barley use forecast to increase to 6.226 mln tonnes this year, exports expected to drop 2%
|
For 2016-17, Canada’s total domestic barley use is forecast to increase to 6.226 mln tonnes from 6.169 mln in 2015-16 due to higher industrial
...More info on site
|
World: Crop conditions in Europe and Asia extremely variable during winter and spring
|
Crop conditions in Europe and Asia have been extremely variable during winter and spring, but frost damage has been negligible, and drought conditions in
...More info on site
|
Ukraine: Barley exports up 19% from last season
|
Ukrainian barley exports kept their faster pace in April-May 2017. In total, the country has exported 5.25 mln tonnes of barley this season, i.e. already 19% more than for the whole last season, reports UkrAgroConsult.
Deliveries of Ukrainian barley to Libya reached a record 920 thousand tonnes. Exports to the EU market increased 53% to 348 thousand tonnes against 227 thousand for the whole last season.
This season witnessed a rise in Ukrainian barley shipments to almost all the key export destinations such as Jordan, Israel, Algeria and Morocco.
Noteworthy is some recovery of barley exports from Ukraine to Turkey. In the period under review, Ukrainian exporters shipped 128 thousand tonnes of barley to this country against 11 thousand in MY 2015/16.
|
USA & Japan: US barley farmers finding a growing high-value market in Japan
|
Japanese diets may not match those of U.S. farmers, but the push for healthy foods in Japan is creating a small and growing high-value market for U.S. food barley, agroprofessional.com reported on June 16.
“With Japan’s health-conscious public, the country is an excellent market for high beta-glucan U.S. barley,” said Tommy Hamamoto, U.S. Grains Council (USGC) director in Japan. “Promoting barley as an alternative grain for the Japanese consumer has led to steadily increasing imports, increased consumer awareness and contracted sales.”
High beta-glucan barley has heart-healthy properties that may reduce cholesterol, lower the risk of heart disease and reduce glycemic index, according to U.S. research. These nutritional properties make U.S. varieties of food barley attractive for Japanese food producers who use the grain to produce shochu, a Japanese distilled liquor and beer, as well as tea and cereal.
U.S. food barley exports to Japan are worth twice the average price of feed barley, but the marketplace is very competitive. Most of the food barley consumed in the country is either grown locally or sourced from cheaper Australian supplies. The terms of the Trans-Pacific Partnership would have established an escalating tariff rate quota (TRQ) for food barley and malt in addition to eliminating the
...More info on site
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