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Flash Summary
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E-Malt.com Flash 28a
July 09 - July 11, 2018
Quote of the Week
The true sign of intelligence is not knowledge but imagination.
Albert Einstein
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Currency Rates
Base Currency: Euro
on July 11, 2018 |
Base Currency: US Dollar
on July 11, 2018 |
| |
1 EUR = 1.1713 USD
1 EUR = 0.8834 GBP
1 EUR = 1.5382 CAD
1 EUR = 1.5739 AUD
1 EUR = 130.3000 JPY
1 EUR = 4.5513 BRL
1 EUR = 73.3470 RUB
1 EUR = 7.7767 CNY
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|
1 USD = 0.8521 EUR
1 USD = 0.7542 GBP
1 USD = 1.3125 CAD
1 USD = 1.3409 AUD
1 USD = 111.1300 JPY
1 USD = 3.8473 BRL
1 USD = 62.4442 RUB
1 USD = 6.6223 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 11, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
199.50-201.50 |  1.01% |
| 6RW Malting Barley (FOB Creil) |
173.00-175.00 | 0.58% |
| 2RS Malt (FOB Antwerp) |
398.50-400.50 | 0.62% |
| 6RW Malt (FOB Antwerp) |
366.00-368.00 | 0.34% |
| Feed Barley (FOB Creil) |
169.00-171.00 | 1.19% |
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) |
nq | |
| Malting Barley (West) |
nq | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,614.00-1,616.00 | 4.53% |
| Malting Barley (West) |
1,614.00-1,616.00 | 4.53% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
306.00-308.00 |
 |
| 2-Row Malting Barley, bulk in store, Vancouver |
325.00-327.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
251.00-253.00 |
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| Feed Barley, basis Winnipeg |
251.00-253.00 |
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| Feed Barley, bulk in store, Vancouver |
314.00-316.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
180.00-182.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
148.00-150.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
129.00-131.00 |
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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.
World: AB InBev heads list of world’s biggest drinks companies
...Click here
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Japan: First-half beer and quasi-beer product shipments fall to record low for sixth consecutive year
...Click here
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Vietnam: Many foreign investors still face problems in Vietnam’s promising beer market
...Click here
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EU: Malting barley prices trending upwards on worries about dryness in UK and Scandinavia
...Click here
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Australia: 2018/19 barley production forecast at 9.5 mln tonnes
...Click here
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UK: Winter barley harvest in full swing across the UK
...Click here
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Australia: Barley exports in May rise thanks to continuing China demand
...Click here
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USA: Constellation Brands acquires Texas craft brewer Four Corners Brewing
...Click here
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Australia & UK: Australia’s Lion acquires London-based craft brewery Fourpure Brewing Co
...Click here
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Uganda: Nile Breweries forced to close Chibuku production line because of excise hike
...Click here
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Jamaica & Germany: Red Stripe preparing to go into Germany
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Germany Hops Area 2017-2018f
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
RETHINKING THE WHOLE BREWING PROCESS
ABSTRACT
That is what German Engineers are currently doing
(anybody surprised?). A very novel concept is called
Omium, working without a lauter tun but four rotary
discs that split wort in different fractions for different
processes. This involves rethinking the isomerization
process, as this system does not work with a
conventional boil kettle. Initial results with isomerisation
yields were presented in this work. This process
has very a good chance to overcome the inherent
isomerization inefficiencies of regular brewhouses.
REFERENCES:
Bastgen, N.: A Novel Brewhouse Concept - how to improve the brewing process and
quality by treating wort fractions, P 7.18 at the 13th Trends in Brewing,
April 2018, Ghent
Read more
Source: Barth Innovations
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These Days in Business History
09 July
1815 - 1st natural gas well in U.S. is discovered
1875 - The Bombay Stock Exchange is founded in Bombay (now Mumbai), India
1953 - 1st helicopter passenger service, New York City
1957 - Announcement of discovery of atomic element 102 - nobelium
10 July
1933 - 1st police radio system operated, Eastchester Township, New York
1949 - 1st practical rectangular TV tube announced-Toledo, OH
1958 - 1st parking meter installed in England (625 installed)
2000 - EADS, the world's second-largest aerospace group is formed by the merger of Aerospatiale-Matra, DASA, and CASA
11 July
1934 - FDR became 1st pres to travel through Panama Canal
1962 - 1st transatlantic TV transmission via satellite (Telstar I)
1972 - The first game of the World Chess Championship
1985 - Coca-Cola announces the return of Coke Classic after the company had tried displacing the old formula with New Coke
Agenda
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
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Brewery News
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World: AB InBev heads list of world’s biggest drinks companies
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It has been a mixed year for some of the world’s biggest drinks companies with drops in beverage sales and aggressive acquisition strategies dominating
...More info on site
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Japan: First-half beer and quasi-beer product shipments fall to record low for sixth consecutive year
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Shipments of beer and quasi-beer products in January-June fell to a record low for the sixth consecutive year, according to data released by five
...More info on site
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Vietnam: Many foreign investors still face problems in Vietnam’s promising beer market
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With 4 billion litres of beer consumed every year, Vietnam’s market is a promising one for investors. However, many of them have faced problems,
...More info on site
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USA: Constellation Brands acquires Texas craft brewer Four Corners Brewing
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Constellation Brands will expand its reach in the craft beer segment with the acquisition of Texas’ Four Corners Brewing, the New York-based beverage alcohol company announced on July 10.
Financial terms of the transaction were not disclosed.
Four Corners will join California’s Ballast Point Brewing and Florida’s Funky Buddha Brewery in Constellation’s growing craft and specialty beer group.
“Four Corners brings a culture that mixes adventure and innovation with elements of heritage and tradition,” Bill Newlands, Constellation Brands president, and COO said via a press release. “It’s a compelling opportunity for Constellation because Four Corners’ bicultural inspired flavors and branding capitalize on one of the hottest trends in beer – Hispanic influenced products.”
Founded in 2012 by George Esquivel, Greg Leftwich, and Steve Porcari, the Dallas-based craft brewery produces six year-round offerings that feature lotería-style branding.
“George, Greg, and Steve have created beers that are big on flavor, refreshing and pair well with bold Texas cuisine, while creating a brand that embraces and reflects the diversity of its people,” Newlands said. “We’re excited to help them take the brand further.”
According to a press release, sales of Four Corners beers have increased “five-fold” since 2014, and the company has the capacity to produce 25,000 barrels annually.
...More info on site
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Australia & UK: Australia’s Lion acquires London-based craft brewery Fourpure Brewing Co
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Australian headquartered beverage and food company Lion has acquired London-based craft brewery Fourpure Brewing Co for an undisclosed sum, the Morning Advertiser reported on July 9.
The deal will see Fourpure Brewing Co become 100% owned by Lion, while the company, which is in turn owned by Kirin Holdings Company Limited, has plans to use Fourpure’s sales and distribution channels to expand the reach of its Australian and New Zealand beers in the UK.
Lion has stated its intent to invest in continuing to grow the Fourpure brand. The brewery will remain at its current location in Bermondsey, while Daniel Lowe remains CEO with co-founder and brother Tom Lowe also remaining with the company.
Explaining the decision to sell the business to Lion, Daniel Lowe highlighted the “technical skills and experience” of Lion and its stewardship of Australian brewery Little Creatures.
“We’ve always been quite open about the fact that to continue with the growth we have had and to continue to invest in quality and infrastructure we couldn’t make that journey alone,” he said. “In terms of the resources and capital but also technical skills and experience which we just don’t have and would like access to.”
“We spent a long time listening
...More info on site
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Uganda: Nile Breweries forced to close Chibuku production line because of excise hike
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Nile Breweries Limited (NBL) has said they have been forced to close their Chibuku production line because of the 30 per cent excise duty, which has been slapped on the brew, the Daily Monitor reported on July 9.
In a telephone interview on July 8, Mr Onapito Ekomoloit, the NBL director corporate and legal affairs, said they were forced to shut down the production line because government failed to honour the tax holiday it had promised them when they were setting up the factory. Mr Ekomoloit said government has instead been taxing them for the last five years.
“We have spent five years telling government that this product is competing with the illicit brew such as malwa and sachet waragi but unfortunately, tax was introduced on opaque beer and we cannot compete with beers such as Senator, Eagle, and Ngule,” he said.
Mr Ekomoloit explained that the Chibuku brand was specifically meant to help government get rid of illicit beer, which is not taxed.
“We had more than 1,000 farmers supplying us maize and unfortunately, these have had to lose jobs because it was our major input. We were almost stabilising the maize prices like we have done with sorghum but government does not
...More info on site
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Jamaica & Germany: Red Stripe preparing to go into Germany
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Jamaican brewery giant Desnoes and Geddes (D&G), producers of the world-famous Red Stripe Beer, kicked off celebrations of its 100th anniversary with a church service at the Boulevard Baptist Church in Kingston on July 8, promising several more centuries of its great product and expansion in market consumption, by taking Red Stripe into Germany by 2019.
"Yes, we are about to go into Germany, and that's a very exciting project for us. So Germany is gearing up to be able to launch the brand there by next year," said Ricardo Nuncio, Red Stripe's managing director.
Nuncio told The Gleaner that the brand is also gaining ground in non-traditional markets such as Brazil, while noting the company's efforts to increase consumption in established markets such as England, Canada and the United States.
"We are indeed gaining ground in Brazil, and the plan is to also go looking for opportunities in Africa, where we are looking at South Africa for that jump-start. We are also now keen on Ireland, and it shows that there is a lot of potential for the brand," he said.
"And, of course, we want to continue pushing in our main markets - England, Canada and the US - where we want
...More info on site
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Barley News
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EU: Malting barley prices trending upwards on worries about dryness in UK and Scandinavia
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The EU malting barley market is on fire with spring barley prices significantly up and still trending upwards, GrainCom said in their latest newsletter
...More info on site
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Australia: 2018/19 barley production forecast at 9.5 mln tonnes
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As per the latest update from United States Department of Agriculture (USDA), Australian barley production in 2018/19 is forecast at 9.5 mln tonnes, due
...More info on site
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UK: Winter barley harvest in full swing across the UK
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The winter barley harvest is in full swing across the UK with many farm records broken for the earliest start, one north-west grower started three weeks earlier than normal, the Farmers Weekly reported on July 6.
Yields so far are mixed, although some farmers are finding they are not as bad as first feared, given the dry, hot conditions.
Herefordshire
One farmer pleasantly surprised with their barley yields is Ally Hunter Blair in Herefordshire.
“Our neighbour’s winter barley – which we’ve been cutting – has come off alright – better than expected – we’re getting yields of 8.3t/ha,”
“The yield is less than last year but by no means devastating. Not the best but far better than anticipated.”
These results were particularly pleasing given the farm, near Ross-On-Wye, is on very light, drought-prone sandy soils.
Harvest was around three weeks ahead of schedule, which Mr Hunter Blair said had caught them by surprise.
“The combine is out earlier than ever before and the grain stores weren’t even ready.”
A combine works in a field of barley on Ally Hunter-Blair's farm
Having finished cutting the 15ha of winter barley, concerns were now turning towards his own wheat crops.
“The wheat is dying in front of my eyes, but I
...More info on site
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Australia: Barley exports in May rise thanks to continuing China demand
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Australia shipped 544,143 tonnes of barley to China in May, up from 484,302 tonnes in April, according to the latest export data from the Australian Bureau of Statistics (ABS).
The May total to China is made up of 294,928 tonnes of malting barley, up substantially from 88,991 tonnes shipped in April, and this rise has more than offset a drop in feed barley shipments to 249,215 tonnes from 395,311 tonnes.
Increased shipments to China have accounted for most of the rise in total barley exports to all destinations over May, with the monthly total at 746,186 tonnes being up 36pc from 550,581 tonnes shipped in April.
Volume malting shipments to Japan, Thailand and Vietnam in May, and an increased feed barley tonnage to Japan, have also helped to boost the May figure.
Market Check head of strategy, Nick Crundall, said behind March, May was the second-biggest export month of the 2017-18 season, again supported by strong demand from China.
“China has taken 73 per cent of our May barley exports, and it’s accounted for more than 90 per cent of our total exports to May,” Mr Crundall said.
“Strong exports as we approach the tail end of our season are going to leave barley ending stocks
...More info on site
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