If you want to see this letter from our site, please follow this link. http://www.e-malt.com/Publications.asp?13465
E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


Jump  to http://www.firstkey.com

Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution



Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 30b
July 27 - July 30, 2017

Quote of the Week

Beer does not make itself properly by itself. It takes an element of mystery and of things that no one can understand.
Fritz Maytag

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:

One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on July 28, 2017
Base Currency: US Dollar
on July 28, 2017
      1 EUR = 1.1694 USD
1 EUR = 0.8898 GBP
1 EUR = 1.4603 CAD
1 EUR = 1.4617 AUD
1 EUR = 130.3200 JPY
1 EUR = 3.6836 BRL
1 EUR = 69.6406 RUB
1 EUR = 7.8811 CNY
      1 USD = 0.8543 EUR
1 USD = 0.7627 GBP
1 USD = 1.2485 CAD
1 USD = 1.2496 AUD
1 USD = 111.2100 JPY
1 USD = 3.1444 BRL
1 USD = 59.4102 RUB
1 USD = 6.7391 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


July 28, 2017
French Barley/Malt
Crop 2017
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 187.50-189.50 up0.53%
6RW Malting Barley (FOB Creil) 162.00-164.00 up0.62%
2RS Malt (FOB Antwerp) 383.50-385.50 up0.32%
6RW Malt (FOB Antwerp) 352.50-354.50 up0.35%
Feed Barley (FOB Creil) 143.00-145.00-
German Malting Barley
Crop 2017
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 179.50-181.50  
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,294.00-1,296.00 -
Malting Barley (West) 1,294.00-1,296.00 -
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,324.00-1,326.00 -
Malting Barley (West) 1,324.00-1,326.00 -
Canadian Barley/Malt
Crop 2016
CAD/T %
2-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malting Barley, bulk in store, Vancouver nq  
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 189.00-191.00 -
Feed Barley, basis Winnipeg 189.00-191.00 -
Feed Barley, bulk in store, Vancouver 251.00-253.00 -
US Barley/Malt
Crop 2016
USD/T %
2-Row Malting Barley, bulk, railcar Great Falls, Montana 159.00-161.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
6-Row Malt, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 100.00-102.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news World: AB InBev’s beer volumes up 2.1% in Q2 2017 ...Click here
Brewery news Brazil: Ambev reports 0.7% decline in EBITDA in Q2 ...Click here
Brewery news Kenya: East African Breweries Limited’s full-year net profit up 6% ...Click here
Brewery news Croatia: Beer becoming more popular among Croats with currently about 30 craft breweries open in the country ...Click here
Brewery news World: Guinness sales unchanged globally last year ...Click here

Barley news EU: Barley harvest almost finished in France, focus now shifting to the UK and Scandinavia ...Click here
Barley news France: Barley harvest advances despite rain ...Click here
Barley news Germany: Spring barley harvest expected to fall 3.3% this year ...Click here

Whisky news World: Diageo’s organic net sales up 4% in its 2016/17 financial year ...Click here


More Industry News


Whisky news UK: Diageo raises profitability target, announces share buyback ...Click here
Brewery news Taiwan & Vietnam: Taiwan Tobacco & Liquor Corp to debut in Vietnam with three beers in October ...Click here
Whisky news India: Diageo asks Vijay Mallya to return $40 mln paid for his exit from United Spirits Ltd ...Click here

Graph of the week



Table of the week

Russia Barley Supply & Demand


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


COMPLEXITY OF BEER BITTERNESS

ABSTRACT
A UK research team developed a sensory bitterness lexicon to describe many types of differently hopped beers. With sensory PCA analysis, they concluded that beers low in hop bitter acids and polyphenols were described as having artificial, rounded, and diminishing bitterness. Conventionally hopped beers high in hop acids, e.g. alpha-acids, were rated as having a sharp and instant bitterness. While beers bittered with a blend of tetra and pre-isomerised iso-alpha-acid products were shown to have a smooth and diminishing bitterness. The bitterness of dry-hopped beers high in hop bitter acids and polyphenols was perceived as harsh and progressive.

Oladokun, O. et al: New insights into bitterness perception of beer. Lecture 34, EBC Congress, Slovenia 2017

Source: Barth Innovations

These Days in Business History


27 July
1694 - The Bank of England opens for business in London to print currency and manage the national debt. It goes on to become one of the world's most effective central banks
1866 - Atlantic telegraph cable successfully laid (1,686 miles long)
1971 - Merrill Lynch & Co. goes public, becoming the first New York Stock Exchange firm to do its own initial public offering on the NYSE

28 July
1866 - Metric system becomes a legal measurement system in US
1900 - Hamburger created by Louis Lassing in Connecticut
1978 - Price of gold tops $200-an-oz level for 1st time

29 July
1914 - 1st transcontinental phone link made between New York City & San Francisco
1952 - 1st nonstop transpacific flight by a jet
1956 - Jacques Cousteau's Calypso anchors in 7,500 m of water (record)

30 July
1863 - Henry Ford, car manufacturer was born
1897 - German chemist named Felix Hoffman synthesizes a stable form of acetylsalicylic acid in a laboratory in Berlin. The head of Bayer's pharmacological institute, Heinrich Dreser, soon names the product "aspirin," and it becomes the best-selling drug of all time
1928 - George Eastman demonstrates 1st color movie
1962 - The Trans-Canada Highway, the largest national highway in the world, is officially opened

Agenda


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




BreweryBrewery News Brewery


Brewery newsWorld: AB InBev’s beer volumes up 2.1% in Q2 2017
World's largest brewer Anheuser-Busch InBev SA/NV, also known as AB InBev, missed the earnings estimate of analysts polled by Zacks for the sixth straight ...More info on site


Brewery newsBrazil: Ambev reports 0.7% decline in EBITDA in Q2
Ambev S.A. announced on July 27 its results for the 2017 second quarter. The following operating and financial information, unless otherwise indicated, is presented ...More info on site


Brewery newsKenya: East African Breweries Limited’s full-year net profit up 6%
Kenya's East African Breweries said net profit for the year through June rose 6 percent to 8.5 billion Kenyan shillings ($81.89 million), helped by ...More info on site


Brewery newsCroatia: Beer becoming more popular among Croats with currently about 30 craft breweries open in the country
The latest data from the Association of Breweries of the Croatian Chamber of Commerce (HGK) show that beer is becoming more popular among Croats ...More info on site


Brewery newsWorld: Guinness sales unchanged globally last year
Guinness sales were unchanged last year globally but rose in slightly in Ireland due to the continued success of Hop House 13 lager. Other ...More info on site


Brewery news Taiwan & Vietnam: Taiwan Tobacco & Liquor Corp to debut in Vietnam with three beers in October
Taiwan Tobacco & Liquor Corp (TTL) is to make its market debut in Vietnam by introducing three beers in October, as the company taps into the Southeast Asian market in line with the government’s New Southbound Policy, Taipei Times reported on July 28.

The overseas expansion follows its entry into the Philippine market in January. Its previous expansion in Southeast Asia was in Singapore in 2011, the company said.

“We are accelerating our pace to expand our reach in Southeast Asia,” TTL vice president Chang Lei-min told reporters on July 26 after the opening ceremony of the Taiwan Expo in Ho Chi Minh City.

Vietnam is the biggest market for beers in Southeast Asia and the third-largest in Asia. The nation’s beer consumption reached 3.8 billion litres last year, TTL said.

As international and domestic beer companies are boosting their presence in Vietnam, TTL selected three products — Golden Medal Taiwan Beer, Taiwan Beer Sweet Touch and its pineapple flavored beer — to differentiate itself from the competition, Chang said.

“We have not seen fruit-flavored beer in [Vietnam]. This is an opportunity for us to grow in the market,” he said.

TTL will gradually increase its product portfolio in the Vietnamese market, he said.

The company aims ...More info on site



BarleyBarley News Barley


Barley newsEU: Barley harvest almost finished in France, focus now shifting to the UK and Scandinavia
In France, the spring barley harvest has almost finished. Results are generally satisfying in terms of quality except protein content in the eastern part ...More info on site


Barley newsFrance: Barley harvest advances despite rain
The harvesting of wheat and barley crops in France had reached its latter stages by July 24, data from farm office FranceAgriMer showed on ...More info on site


Barley newsGermany: Spring barley harvest expected to fall 3.3% this year
Germany's harvest of spring barley, largely used for malt and beer production, will fall 3.3 percent on the year to around 1.72 million tonnes, ...More info on site



WhiskyWhisky News Whisky


Whisky newsWorld: Diageo’s organic net sales up 4% in its 2016/17 financial year
Diageo, the world’s largest spirits producer, saw its organic net sales grow by 4% to reach £12.1 billion (US$15.8 bln) in its 2016/17 financial ...More info on site


Whisky news UK: Diageo raises profitability target, announces share buyback
Britain's Diageo raised its profitability target and announced a share buyback programme on July 27, sending shares in the world's largest spirits company to an all-time high, Reuters reported.

Analysts said the influence of the new chairman, Javier Ferran, was being felt with a tight rein on costs at the firm that makes Johnnie Walker whisky and Smirnoff vodka.

Diageo, whose shares jumped more than 6 percent, reported sales of 12.05 billion pounds ($15.83 billion) in the year ending June 30, up 4 percent excluding the impact of the weak British pound, which boosts the value of overseas revenue.

Operating profit rose about 6 percent to 3.6 billion pounds, excluding the currency benefit, due to improvements in productivity and cost-savings.

"We had expected new chairman Ferran to bring greater rigour on costs, however the upgrade has come sooner than expected," Jefferies analyst Edward Mundy said in a note.

Earnings would get a 1 percent lift this financial year from the buyback and 2 percent next year from the higher margin target, he said.

Ferran, a private equity specialist with a background in consumer goods, took up the post of chairman in January.

The buyback and new margin target suggest Diageo is heeding demands made by shareholders of ...More info on site


Whisky news India: Diageo asks Vijay Mallya to return $40 mln paid for his exit from United Spirits Ltd
British liquor giant Diageo on July 27 said it has asked beleaguered businessman Vijay Mallya to return $40 million paid to him as part of the $75 million (Rs 515 crore) sweetheart deal for his exit from United Spirits Ltd, the India Times reported.

Diageo has stopped payment of $7 million a year to Mallya as part of the deal and sought compensation for the losses incurred by it.

The British firm had agreed to pay Mallya, who now lives in the UK after Indian banks approached courts to recover money lent to his now defunct airline, $75 million over five years as global non-compete and non-interference fee post his exit from United Spirits (USL).

Citing violation of the agreement by Mallya, Diageo has also ruled out the future instalments to him, saying "it was not liable to pay such amount."

"Diageo and other group companies have demanded from Mallya the repayment of $40 million which was paid by Diageo on 25 February 2016, and also sought compensation from him for various losses incurred by the relevant members of the Diageo group on account of the breaches committed by him," Diageo said in its Preliminary Results for the year ended ...More info on site


Copyright © E-Malt s.a. 2016