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Flash Summary
Last five Flashes
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E-Malt.com Flash 26b
June 29 - July 02, 2017
Quote of the Week
Give me love and work - these two only.
William Morris
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Currency Rates
Base Currency: Euro
on June 30, 2017 |
Base Currency: US Dollar
on June 30, 2017 |
| |
1 EUR = 1.1413 USD
1 EUR = 0.8799 GBP
1 EUR = 1.4867 CAD
1 EUR = 1.4868 AUD
1 EUR = 128.5900 JPY
1 EUR = 3.7476 BRL
1 EUR = 67.4993 RUB
1 EUR = 7.7412 CNY
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|
1 USD = 0.8764 EUR
1 USD = 0.7710 GBP
1 USD = 1.3023 CAD
1 USD = 1.3048 AUD
1 USD = 112.3400 JPY
1 USD = 3.2890 BRL
1 USD = 59.0855 RUB
1 USD = 6.7832 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 30, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
180.50-182.50 |  0.55% |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 |  |
| 2RS Malt (FOB Antwerp) |
380.50-382.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
354.50-356.50 | |
| Feed Barley (FOB Creil) |
140.00-142.00 | |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
184.50-186.50 | 0.54% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | |
| 2RS Malt (FOB Antwerp) |
380.00-382.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
347.50-349.50 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
175.00-177.00 | 1.66% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,284.00-1,286.00 | 3.21% |
| Malting Barley (West) |
1,284.00-1,286.00 | 3.21% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,304.00-1,306.00 | 3.16% |
| Malting Barley (West) |
1,304.00-1,306.00 | 3.16% |
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 |
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| 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.
USA: Constellation Brands reports higher Q1 earnings driven by growth in beer business
...Click here
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EU: European Commission downgrades wheat and barley production forecasts
...Click here
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EU: Spring malting barley prices up amid uncertainty of French crop
...Click here
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Canada: Barley area estimated to have dropped 9.7% this year
...Click here
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Russia & Ukraine: Russia and Ukraine forecast to see barley area and production decline this year
...Click here
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China & Saudi Arabia: China’s barley imports beating forecasts, Saudi Arabia may need more than 9 mln tonnes this year
...Click here
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USA: The Brewers Association launches new seal for truly independent craft brewers
...Click here
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Tanzania: Tanzanian Breweries partnership with farmers seen as powerful instrument to increase barley output
...Click here
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The Netherlands: Authorities investigate sales of brand-less beer as Heineken and Amstel
...Click here
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Graph of the week
Table of the week
North America Barley Import, Production, Consumption, and Ending Stocks(s)
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
29 June
1200 - In China, sunglasses are invented
1881 - 1st international telephone conversation, Calais, ME-St. Stephen, NB
1979 - The Wall Street Journal boot Chrysler from the Dow Jones Industrial Average and replace it with IBM
2007 - Apple Inc. releases its first mobile phone, the iPhone
30 June
1893 - Harold/Joseph Laski is born, English economist/Labour leader
1896 - W. S. Hadaway patents electric stove
01 July
1875 - Universal Postal Union established
1916 - Coca-Cola brings current coke formula to the market
02 July
1889 - To regulate commercial trusts and monopolies, Congress passes the Sherman Antitrust Act, which outlaws any "combination or conspiracy in restraint of trade"
1921 - 1st million dollar gate ($1.7m) boxing match (Dempsey KOs Carpentier)
1957 - 1st submarine designed to fire guided missiles launched, Grayback
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)
26-28: drink technology India 2017 (New Delhi, India)
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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USA: Constellation Brands reports higher Q1 earnings driven by growth in beer business
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Constellation Brands Inc. reported on June 29 a strong showing in its 2018 fiscal first-quarter earnings driven by growth in its beer business.
The Victor,
...More info on site
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USA: The Brewers Association launches new seal for truly independent craft brewers
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The craft beer waters are muddied with beer giant Anheuser-Busch buying some small brewers and private equity firms having a hand in others, the Denverite reported on June 27.
The Brewers Association recognizes it might be difficult for some beer drinkers to know if they’re really sipping craft beer. That’s why the Boulder-based promoter of the industry unveiled a new seal aimed at identifying beers that are independently produced.
The seal is available for use free of charge by any of the more than 5,300 small and independent American craft brewers that have permission from the Alcohol and Tobacco Tax and Trade Bureau to operate. Brewers must also meet the Brewers Association’s definition of a craft brewery to use the seal, but they don’t have to be members of the nonprofit.
In order to qualify as a craft brewer, breweries have to be less than 25 percent owned or controlled by an alcohol industry member that is not itself a craft brewer, according to the Brewers Association. Colorado’s largest craft brewery, New Belgium Brewing Co., meets that threshold. AB-owned Breckenridge Brewery and 10 Barrel Brewing Co. do not.
Independence has long been a hallmark of the craft brewing industry.
“As big beer acquires former craft
...More info on site
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The Netherlands: Authorities investigate sales of brand-less beer as Heineken and Amstel
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Dutch Tax authorities' investigative department FIOD caught three suspects selling brand-less beer as Heineken and Amstel. Eight businesses in Nijkerk, Putten, Rotterdam, Heusden and Linne were raided on June 28. So far no arrests were made, RTL Nieuws reports.
According to FIOD, the suspects bought brand-less beer from abroad, poured it into beer bottles and labeled them with Heineken and Amstel logos. They then sold them at higher prices.
Several Dutch companies fell victim to this fraud. The investigation is still ongoing.
The suspects are a 64-year-old man from Putten and a man and woman from Nijkerk, aged 52 and 44 years respectively. FIOD officers seized digital and paper administration and a number of beer caps during the raids.
There is no reason to believe that the involved beer posed a risk to food safety, according to FIOD.
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Barley News
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EU: European Commission downgrades wheat and barley production forecasts
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The European Union wheat crop suffered its second downgrade in two days as the European Commission reduced its forecast below 140 mln tonnes, following
...More info on site
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EU: Spring malting barley prices up amid uncertainty of French crop
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Rollercoaster continues on the European markets with new peak levels reached on June 30 for European spring malting barley, GrainCom reported on the same
...More info on site
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Canada: Barley area estimated to have dropped 9.7% this year
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Canadian farmers told Statistics Canada in its June 29 report that they seeded 3.6 million acres of grain corn in 2017, for an increase
...More info on site
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Russia & Ukraine: Russia and Ukraine forecast to see barley area and production decline this year
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UkrAgroConsult updated their 2017/18 Russian and Ukrainian barley balances and now expects acreage and production decreases in both countries, H. M. Gauger GmbH reported
...More info on site
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China & Saudi Arabia: China’s barley imports beating forecasts, Saudi Arabia may need more than 9 mln tonnes this year
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The new Saudi Arab grain purchaser SAGO held 4 tenders so far, their regular purchase volume is 1.5 mln tonnes per two months, which
...More info on site
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Tanzania: Tanzanian Breweries partnership with farmers seen as powerful instrument to increase barley output
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Tanzania Breweries Limited (TBL) partnership with barley farmers in the northern zone of the country is a powerful instrument to increase output to meet country's demand for barley, the Minister for Agriculture Livestock and Fisheries, Dr Charles Tizeba has said, according to AllAfrica.
Statistics show that TBL requires 18,000 tonnes of barley annually while the farmers can only produce 10,000 tonnes, hence forcing the brewery to import the rest. Dr Tizeba said this on June 27 after meeting some barley farmers in the northern zone, Emairete village in Monduli District, Arusha Region.
He commended TBL for empowering barley farmers in the northern zone through provision of farm inputs and reliable market. "I call upon TBL Group to collaborate with district councils where barley farming is practiced so as to empower farmers to increase production so that the government can essentially put a stop to importation of barley," he said.
In 2016, TBL paid barley farmers in all production regions a total of 14.7 bln Tanzanian shillings from 12,700 tonnes produced, while this year they have lent 2.1 bln Tanzanian shillings to farmers for preparations of their farms as well as purchase of farm inputs.
The minister urged extension officers to put in place strategies
...More info on site
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