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E-Malt.com Flash 20a May 14 - May 16, 2018
Quote of the Week
When I pray, coincidences happen, and when I don't, they don't.
William Temple
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Currency Rates
Base Currency: Euro on May 16, 2018 |
Base Currency: US Dollar on May 16, 2018 |
|
1 EUR = 1.1883 USD
1 EUR = 0.8790 GBP
1 EUR = 1.5253 CAD
1 EUR = 1.5857 AUD
1 EUR = 130.7700 JPY
1 EUR = 4.3439 BRL
1 EUR = 73.8601 RUB
1 EUR = 7.5606 CNY
|
|
1 USD = 0.8413 EUR
1 USD = 0.7392 GBP
1 USD = 1.2840 CAD
1 USD = 1.3340 AUD
1 USD = 110.0700 JPY
1 USD = 3.6406 BRL
1 USD = 61.9164 RUB
1 USD = 6.3611 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
May 16, 2018 |
French Barley/Malt Crop 2017 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
168.50-170.50 | 0.59% |
6RW Malting Barley (FOB Creil) |
161.00-163.00 | 0.61% |
2RS Malt (FOB Antwerp) |
365.50-367.50 | 0.33% |
6RW Malt (FOB Antwerp) |
356.50-358.50 | 0.34% |
Feed Barley (FOB Creil) |
161.00-163.00 | 0.61% |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
186.50-188.50 | |
6RW Malting Barley (FOB Creil) |
165.00-167.00 | |
2RS Malt (FOB Antwerp) |
382.50-384.50 | |
6RW Malt (FOB Antwerp) |
356.00-358.00 | |
Feed Barley (FOB Creil) |
nq | |
German Malting Barley Crop 2018 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) |
1,164.00-1,166.00 | 0.85% |
Malting Barley (West) |
1,174.00-1,176.00 | 0.84% |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,204.00-1,206.00 | 0.82% |
Malting Barley (West) |
1,204.00-1,206.00 | 0.82% |
Canadian Barley/Malt Crop 2017 |
CAD/T |
% |
2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
310.00-312.00 |
|
2-Row Malting Barley, bulk in store, Vancouver |
349.00-351.00 |
|
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 |
255.00-257.00 |
|
Feed Barley, basis Winnipeg |
255.00-257.00 |
|
Feed Barley, bulk in store, Vancouver |
318.00-320.00 |
|
US Barley Crop 2017 |
USD/T |
% |
2-Row Malting Barley, bulk, railcar Great Falls, Montana |
171.00-173.00 |
|
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
Feed Barley, basis Great Falls, Montana |
126.00-128.00 |
|
Feed Barley, basis Minneapolis, Minnesota |
129.00-131.00 |
|
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Germany: Germans spent EUR7.4 bln on beer and beer-based drinks last year
...Click here
|
Ukraine: January-April beer production down, malt output up in Ukraine
...Click here
|
South Korea: Local beer losing out to imported rivals
...Click here
|
Germany: Spring barley crop expected to jump 30.4% this year
...Click here
|
Australia: GrainCorp warns about challenging weather conditions in Australia’s east
...Click here
|
China: Corona becomes China’s No 1 imported beer brand
...Click here
|
Indonesia & South Korea: Indonesia’s PT Multi Bintang starts exports of its flagship beer to South Korea
...Click here
|
South Africa: Budweiser beer is now brewed in South Africa
...Click here
|
India: Regulator Sebi closes proceedings against 3 companies of Vijay Mallya’s
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Czech Hops Area, Production, and Yields 2012-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WILD HOPS IN ITALY
ABSTRACT
Wild hops can be found almost everywhere - including
Italy. Maybe some wild hops found in Umbria, Italy can
help in future breeding to create new hop varieties. For
this reason a group of Italian researchers have an inventory
of the germplasm for a number of different wild hops.
REFERENCES:
Riccioni, C et al: IDENTIFICATION AND CHARACTERIZATION OF WILD HOP
GERMPLASM IN UMBRIA REGION, P.3.6 at13th Trends in Brewing, April 2018, Ghent Read more
Source: Barth Innovations
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These Days in Business History
14 May
1872 - Metropolitan Gas Company lamps lit for 1st time
1881 - World's 1st elec tram goes into service in Lichterfelder (near Berlin)
1955 - Cold War: Eight Communist bloc countries, including the Soviet Union, sign a mutual defense treaty called the Warsaw Pact
15 May
1878 - The Tokyo Stock Exchange Co., Ltd., is established, primarily to trade bonds
1905 - Las Vegas, Nevada founded
1940 - McDonald's opens its first restaurant in San Bernardino, California
1941 - The world's first successful jet aircraft, a Gloster E28/39 powered by a W1 engine designed by Frank Whittle, takes off and lands at Farnborough, England
16 May
1911 - Supreme Court dissolves Standard Oil with the Sherman Antitrust Act
1930 - Two Texas engineers found a company called Geophysical Service Inc. to use seismographic technology to improve the business of exploring for oil
1949 - The Tokyo Stock Exchange, originally founded in 1878, reopens for business after the devastation of World War II
1951 - The first regularly scheduled transatlantic flights begin between Idlewild Airport (now John F Kennedy International Airport) in New York City and Heathrow Airport in London, operated by El Al Israel Airlines
Agenda
May 2018:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
10-13: ASBC Malt Flavor and Aroma Symposium 2018 (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
Brewery News
|
Germany: Germans spent EUR7.4 bln on beer and beer-based drinks last year
|
Germans spend billions more each year on beer and spirits from supermarkets than they do on wine or champagne, according to a new study
...More info on site
|
Ukraine: January-April beer production down, malt output up in Ukraine
|
Ukraine’s January-April beer production dropped by 1.6% versus the same period in 2017, totalling 4.94 mln hl, Pivnoe Delo reported citing data by trade
...More info on site
|
India: AB InBev sees opportunities in India
|
At the Boozy Griffin bar in Marathahalli, India, Shrikant Raj enjoys one of his favorite beers: Budweiser.
Raj, 28, who works at an analytics firm,
...More info on site
|
South Korea: Local beer losing out to imported rivals
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Local beer is steadily being side-lined by imports as distributors are focusing on importing foreign brands that can potentially threaten South Korea's production base,
...More info on site
|
China: Corona becomes China’s No 1 imported beer brand
|
Mexican beer brand Corona, which is owned by Grupo Modelo, is taking on the international market since its beer brand has become the number one import in China, the Mexico News Today reported on May 15.
Carlos Brito, CEO of AB InBev, parent company of Grupo Modelo says, “The brand continues to grow rapidly in the super premium segment in China where it recently became the number one imported beer brand.”
The brand had a 25.1 percent growth in revenues within Mexico, while outside the country it has seen a 40.3 percent increase.
“The opportunity we see with Corona is that it has a market share of 3 percent or more in only three countries where we have the brand. Chile, Australia and Mexico.
“With the brand that continues to grow at double digits throughout the world, we are still far from reaching its maximum potential,” added Brito.
During the first quarter of 2018, beer volumes increased by 0.5 percent mainly due to the performance in Mexico, Colombia and Argentina, which was counteracted by the US and Brazilian markets.
Revenues increased around 4.7 percent in that quarter, mainly due to the premium category, according to the company’s financial report.
Grupo Modelo in Zacatecas supplies Mexico and the
...More info on site
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Indonesia & South Korea: Indonesia’s PT Multi Bintang starts exports of its flagship beer to South Korea
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Indonesian alcoholic beverage producer PT Multi Bintang Indonesia has officially exported its most renowned beer Bintang to South Korea, Tempo.co reported on May 15.
Multi Bintang Indonesia President Director Michael Chin revealed that the company has prioritized the South Korean market this year in hope of having its brand accepted by the Korean society despite not specifically mentioning the company's export target and volume.
“We believe that the demand can grow in South Korea, however, we cannot reveal the export value since it is a sensitive subject,” said Michael at the company’s factory in Tangerang, Banten, on May 14.
Furthermore, Multi Bintang Indonesia has started to export its product after it was able to meet the quality standards requested by the South Korean importer. This deal was made possible thanks to the partnership between Multi Bintang and South Korean Heineken.
However, the export volume is still in its early stage which represents 5 percent of the company’s total production that adds up to 2 million hectolitres or 200 million litres.
Other than South Korea, Bintang was also exported to several other countries in 2017 such as Japan, Singapore, Timor Leste, Australia, the Netherlands, and England.
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South Africa: Budweiser beer is now brewed in South Africa
|
Budweiser, one of the world’s most iconic beers, is now being brewed in South Africa at SAB’s Rosslyn Brewery, outside of Pretoria, the Media Update reported on May 14.
"We are tremendously excited that South Africans are now able to enjoy this beer. A true global icon, and one of the most valuable beer brands in the world, Budweiser is distributed in 73 countries, including South Africa," says Alastair Hewitt, brand director for Budweiser at SAB and AB InBev Africa.
Hewitt adds, "Budweiser is a brand that's full of energy, and it thrives in the world’s great cities. It is a brand that stands out in the crowd and embodies the ambition and contagious energy of cosmopolitan locations and people across the planet."
"Whether it be the energy ignited at a music festival or through the excitement of sporting events, Budweiser champions our dream to bring people together for a better world," says Hewitt.
According to SAB and AB InBev, the arrival of Budweiser in South Africa could not come at a better time, as the brand takes up its 32nd year as the official beer of the 2018 FIFA World Cup.
"As a company, our dream is to bring people together for a better
...More info on site
|
India: Regulator Sebi closes proceedings against 3 companies of Vijay Mallya’s
|
Indian regulator Sebi has closed its adjudication proceedings against three group firms of defaulter businessman Vijay Mallya for alleged disclosure lapses in a 17-year-old case citing liquidation of a holding company, but did not rule out any penal action at a later date, Livemint reported on May 16.
Sebi said it had observed certain non-compliances by three UB group companies while examining the letter of offer made by Zuari Fertilizers and Chemicals Ltd, along with other entities including United Breweries (Holdings) Ltd, Kingfisher Finvest India Ltd and McDowell Holdings Ltd to acquire shares of Mangalore Chemicals and Fertilizers Ltd (MCFL).
MCFL had seen a fierce takeover battle in 2015 between Pune-based Deepak Fertilisers and Kolkata-based Zuari group which had support of Mallya-led promoters. However, the present case relates to a transaction in January 2001 when promoter—United Breweries (Holding) Ltd—had acquired 2 crore shares representing 16.88% of MCFL pursuant to the allotment made under the Board of Industrial and Financial Reconstruction Rehabilitation Scheme.
The acquisition was exempted from open offer obligations, but no disclosure was made by the UB group firms, all of whom were promoters and UB Group firms at that time, as required under Sebi’s takeover regulations.
Sebi had initiated adjudication proceedings in
...More info on site
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Barley News
|
Germany: Spring barley crop expected to jump 30.4% this year
|
The association of German farm cooperatives on May 16 forecast that Germany’s 2018 wheat crop would fall 2.0 percent from 2017 to 23.98 million
...More info on site
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Australia: GrainCorp warns about challenging weather conditions in Australia’s east
|
Crop handler GrainCorp Ltd. has warned about challenging conditions in Australia’s east as grain farmers across the nation wait for rain, with most winter crops planted in dry soil, Bloomberg reported on May 11.
“We are still quite a way from having any predictable levels of what the crop size would be,” for the upcoming season, GrainCorp’s Chief Executive Officer Mark Palmquist said on a call with media and analysts on May 11. “It really does depend on what moisture profile we get over the next month.”
Parts of Victoria and New South Wales had the driest April on record while southern Australia as a whole had its third-lowest amount of rainfall for the month, according to the Bureau of Meteorology. Southwest Australia and parts of western Victoria have an increased chance of a drier than average May to July, it said.
“It may be a dry start to the season, however it is still early days,” Rabobank International said in a report released on Friday. “Substantial season opening rains in mid-through to late May would put the season mostly back on track.”
The dry conditions in Western Australia have forced growers to substitute barley for canola, the Grain Industry Association of Western Australia
...More info on site
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