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Flash Summary
Last five Flashes
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E-Malt.com Flash 28b
July 12 - July 15, 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 13, 2018 |
Base Currency: US Dollar
on July 13, 2018 |
| |
1 EUR = 1.1658 USD
1 EUR = 0.8826 GBP
1 EUR = 1.5369 CAD
1 EUR = 1.5778 AUD
1 EUR = 131.1300 JPY
1 EUR = 4.5049 BRL
1 EUR = 72.6817 RUB
1 EUR = 7.7780 CNY
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1 USD = 0.8565 EUR
1 USD = 0.7570 GBP
1 USD = 1.3183 CAD
1 USD = 1.3527 AUD
1 USD = 112.4000 JPY
1 USD = 3.8730 BRL
1 USD = 62.2062 RUB
1 USD = 6.6717 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 13, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
201.50-203.50 |  1.00% |
| 6RW Malting Barley (FOB Creil) |
175.00-177.00 | 1.15% |
| 2RS Malt (FOB Antwerp) |
401.00-403.00 | 0.62% |
| 6RW Malt (FOB Antwerp) |
368.50-370.50 | 0.67% |
| Feed Barley (FOB Creil) |
169.00-171.00 |  |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
194.50-196.50 |  2.34% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,624.00-1,626.00 | 0.62% |
| Malting Barley (West) |
1,624.00-1,626.00 | 0.62% |
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 |
|
| 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 |
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| 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: Barley trade forecast slightly down in USDA’s July report
...Click here
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Canada: Canada’s barley exports to China expected to reach new heights this season
...Click here
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Zimbabwe: AB InBev yet to receive US$70 mln Delta dividends
...Click here
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Sri Lanka: Increased taxes on alcohol make leading glass bottle manufacturer turn to overseas markets
...Click here
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Japan: Brewers increasing production anticipating hot weather this summer
...Click here
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Australia: Carlton and United Breweries to add to Great Northern’s brewing capacity
...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
12 July
1793 - The world's first optical telecommunications network is launched
1854 - George Eastman is born, future founder of "Kodak"
1859 - Paper bag manufacturing machine patents by William Goodale, Massachusetts
13 July
1568 - Dean of St. Paul's Cathedral perfects a way to bottle beer
1852 - Wells, Fargo & Co. is founded by Henry Wells and William G. Fargo
1898 - Guglielmo Marconi patents radio
14 July
1850 - 1st public demonstration of ice made by refrigeration
1853 - of the first major US world's fair, the Exhibition of the Industry of All Nations in New York City
1857 - Maytag invented the washing machine
1959 - 1st atomic powered cruiser, Long Beach, Quincy Massachusetts
1969 - The United States $500, $1,000, $5,000 and $10,000 bills are officially withdrawn from circulation
15 July
1783 - 1st steamboat, Pyroscaphe, 1st run in France
1869 - Margarine is patented in France by Hippolyte Mege Mouries of Paris
1954 - The first commercial jet transport airplane built in US is tested (Boeing 707)
2003 - AOL Time Warner disbands Netscape. The Mozilla Foundation is established on the same day
2006 - Twitter is launched, becoming one of the largest social media platforms in the world
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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Zimbabwe: Delta’s revenue up 40% in Q1 2018
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Delta, Zimbabwe’s biggest company by market capitalisation, said on July 12 that revenue grew 40% in the first quarter, mainly on lager sales, the
...More info on site
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Zimbabwe: AB InBev yet to receive US$70 mln Delta dividends
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Anheuser-Busch InBev (AB InBev) — the world’s largest brewer — is yet to receive a total US$70 million in dividends from its Delta Corporation investment owing to delays by the local central bank to settle international payments due to the prevailing chronic liquidity crunch and cash crisis, the Zimbabwe Independent reported on July 13.
Delta is 40% owned by Anheuser-Busch InBev, the world’s largest beer maker based in Leuven, Belgium.
Zimbabwe is currently facing crippling shortages of hard currency that has seen banks defer foreign payments by as much as six months. Ordinarily, the repatriation of foreign exchange for securities related transactions is given top preference on the central bank’s list for the allocation of foreign currency.
“The situation has not improved at all, we have over US$70 million due to foreign shareholders. We are focusing on funding imported raw materials,” Delta company secretary Alex Makamure told businessdigest this week. Delta has since declared another interim dividend of US0,02 cents per share, amounting to US$25,2 million.
As of February, the country had a backlog of US$164 million for transactions conducted on the Zimbabwe Stock Exchange (ZSE). The Reserve Bank of Zimbabwe last year said it would establish a US$5 million revolving fund to facilitate
...More info on site
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Sri Lanka: Increased taxes on alcohol make leading glass bottle manufacturer turn to overseas markets
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Sri Lankan glass bottle manufacturer, Piramal Glass Ceylon Plc, is turning to overseas markets as local sales fall due to increased taxes on alcohol, a company official said.
“The management has tried its best to channel the extra capacity towards the export market to bridge the gap due to the loss of domestic volumes,” Piramal Glass Ceylon (PGC) Chairman Vijay Shah said in the company's annual report.
While local sales of glass bottles fell, export revenue of PGC has increased 77 percent to 2.1 billion rupees in 2017/18, Shah said.
“The export to US has grown by over 150 percent, Australia by 72 percent and a six-fold increase in the Canadian markets,” he said.
The firm is also entering into Malaysia, Africa, Vietnam and Myanmar.
PGC last year completed a 3 billion rupee upgrade of its furnaces, which increased production capacity by 20 percent to 300 metric tonnes per day.
Shah said that the production capacity taken up by the local market has fallen below 70 percent in the last financial year, compared to the normal levels of over 75 percent.
The local market contributed 4.7 billion rupees to PGC’s revenue in 2017/18, which was a 16 percent fall compared to a year earlier.
“This was mainly contributed
...More info on site
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Japan: Brewers increasing production anticipating hot weather this summer
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Air conditioner makers and breweries in Japan are increasing their production, anticipating extremely hot weather this summer, The Japan News reported on July 13.
The Japan Meteorological Agency expects the average temperature in the coming month to become higher than in the average year in the Honshu, Kyushu and Shikoku regions.
Daikin Industries Ltd. raised this month’s production of air conditioners for sale in Japan by 10 percent from its initial plan.
Production at rival Mitsubishi Electric Corp. continues at full capacity in line with its plan to increase shipments by 10 percent in the fiscal first half ending in September from a year before.
A Daikin official said that demand temporarily slowed due to the recent heavy rain that hit western Japan but will grow if the sky clears up.
“The weather is likely to be extremely hot in the three-day weekend from Saturday, so we expect sales to rise,” said a Mitsubishi Electric official.
Kirin Brewery Co., a unit of Kirin Holdings Co., intends to increase the output of low-priced “third segment” quasi-beer products in July and August by 40 percent from a year earlier and that of overall beer products including “happoshu” low-malt beer-like beverages by 10 percent.
Asahi Breweries Ltd., a unit of
...More info on site
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Australia: Carlton and United Breweries to add to Great Northern’s brewing capacity
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A continuing increase in sales for Great Northern beer has seen Carlton and United Breweries (CUB) make the decision to add to the beer’s brewing capacity, The Shout reported on July 13.
Originally brewed in Queensland for Queenslanders, the ‘Beer from up Here’ will now also be brewed at CUB’s Abbotsford brewery in Victoria as the brewer looks to meet demand, especially after the decision to make Great Northern Original available nationwide.
“Eight years after the first Great Northern rolled out of our Queensland brewery, and with Great Northern Original now available outside Queensland, we’ve seen massive growth in Great Northern all across Australia,” said Sales Manager, Mick McKeown.
“From 16 July we’ll be brewing Original and Super Crisp at CUB’s Abbotsford brewery in Victoria as well as up here, so we can deliver the freshest possible beer to Australian beer lovers wherever they are.
“All of the Original and Super Crisp for Queensland and the NT will continue to be brewed up here in Queensland, the home of Great Northern.
“But because demand for Great Northern down south is so strong, it makes sense to also brew Great Northern closer to these expanding markets.”
McKeown added that the success of Great Northern was proof positive
...More info on site
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Barley News
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World: Barley trade forecast slightly down in USDA’s July report
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World barley trade in 2018/19 is forecast slightly down this month, at 28.47 mln tonnes versus the June forecast, USDA reported on July 12.
Export
...More info on site
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Canada: Canada’s barley exports to China expected to reach new heights this season
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Canada is a relatively small but growing exporter of barley. Historically shipped to the United States and Japan as an alternative livestock feed ingredient to corn or for malting purposes, exports to the United States were steady on consistent demand and logistical advantages, USDA said in their July report.
Just in five years, Canada's export pattern has been shifted significantly. Once the largest destination, the United States is now seeing less of Canada's barley coming across the border. Over the last several years, border-adjacent states such as Minnesota, Wisconsin, and North Dakota have seen the largest drop in barley shipments. Canada’s exports to Japan have fallen precipitously as well.
In the place of the United States and Japan, China has emerged as the top destination. China's total imports of barley have risen dramatically over the last half-decade, as there are no import quotas or biotech related restrictions. While China’s strong appetite for feed barley will be met primarily by Australian supplies, demand for the price-competitive Canadian barley is likely to continue as well. Canada’s exports for the Oct-May period to China have already exceeded the total volume shipped in the entire 2016/17. A larger expected Canadian barley crop in 2018/19, coupled with
...More info on site
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