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E-Malt.com Newsletter 30b July 26 - July 29, 2018
Quote of the Week
Life consists not in holding good cards but in playing those you hold well.
Josh Billings
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Currency Rates
Base Currency: US Dollar on July 27, 2018 |
Base Currency: Canadian Dollar on July 27, 2018 |
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1 USD = 0.8552 EUR
1 USD = 0.7598 GBP
1 USD = 1.3053 CAD
1 USD = 1.3490 AUD
1 USD = 110.9500 JPY
1 USD = 3.7090 BRL
1 USD = 62.9471 RUB
1 USD = 6.7795 CNY
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1 CAD = 0.7660 USD
1 CAD = 0.5820 GBP
1 CAD = 0.6551 EUR
1 CAD = 1.0333 AUD
1 CAD = 84.9900 JPY
1 CAD = 2.8411 BRL
1 CAD = 48.1722 RUB
1 CAD = 5.1931 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: AB InBev struggling to keep Americans drinking its beers
...Click here
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USA, SC: Greenville’s Liability Brewing Co. sets opening date
...Click here
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USA, IN: 2Toms Brewing opens its doors in Fort Wayne
...Click here
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USA, ME: The Pour Farm brewery officially open for business in Union
...Click here
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World: Diageo reports 3.7% increase in operating profit in 12 months to June 30
...Click here
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China: First-half beer production increase stirs hopes for full-year growth
...Click here
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EU: Winter barley harvests mostly disappointing in Europe this year
...Click here
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Australia: Private barley crop estimates lowered to 8.5-9 mln tonnes
...Click here
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Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
26 July
1656 - Rembrandt declares he is insolvent
1835 - 1st sugar cane plantation started in Hawaii
1908 - FBI founded
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)
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
News Articles
USA: AB InBev struggling to keep Americans drinking its beers
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Anheuser-Busch InBev NV is struggling to keep Americans drinking its brews, the Fortune reported on July 26.
Sales of the domestic lagers have receded as American consumers turn to craft beers, Mexican imports, wine, and spirits to get their buzz.
On July 26, the Budweiser and Bud Light manufacturer said U.S. revenues fell 3.1% in its second quarter despite lower volumes. The underperformance resulted in the company missing overall sales growth forecasts, triggering shares to drop more than 5%.
AB InBev hopes to increase brand consumption by offering more expensive beers like Michelob Ultra Pure Gold, made with organic grains, and Bud Light Orange, brewed with real citrus peels. A plan to launch a fancier Budweiser variant aged on bourbon barrel staves is also in the works to hit the shelves next month.
While Chief Financial Officer Felipe Dutra told the Wall Street Journal there is “no silver bullet, no short term answer to some of the problems we face,” he added that the company’s efforts to innovate and go upmarket looked promising.
Innovation and growth continue to be a priority to AB InBev as the company announced its plans to combine ZX Ventures—a unit founded in 2015 to develop new products for developing consumer
...More info on site
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USA, SC: Greenville’s Liability Brewing Co. sets opening date
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Greenville's newest brewery set its opening date, the Greenville News reported on July 26.
Liability Brewing Co. will open in the Westone development on Stone Ave. on Friday, Aug. 3.
Terry Horner is the mastermind behind Liability. Horner told The News brewing started as a hobby before launching into a second career. Horner said the name comes from a term he uses to describe that friend who always creates a "situation while drinking," whether good or bad.
Horner said Liability plans to brew six to eight variations of stout, IPA and seasonal brews including winter ale, a favorite of Horner. Coffee-infused beer will be a house feature brewed in conjunction with Coffee Underground’s second location at the Westone development.
Liability is the third brewery to open in or near downtown Greenville this summer.
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USA, IN: 2Toms Brewing opens its doors in Fort Wayne
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Fort Wayne’s craft beer scene got a little bit bigger. 2Toms Brewing at 3676 Wells Street opened their doors on July 26, WANE reported.
"The focus was to really give a look and a feel of big breweries that you see in maybe Chicago or Cincinnati, or surrounding areas, bring that here to Fort Wayne,” says Tom Carpenter, owner of 2Toms.
There’s only one Tom behind this brewery. His wife joked he needed two Tom’s to keep up with all his hobbies, and the joke stuck.
Tom’s beer journey started nearly three years ago with a homebrew kit. Now, he’s got his own taps pouring unique beers.
"We're not very traditional so we're really looking to push boundaries as far as flavor an aroma, maybe what you might not expect in a beer. But from a culinary approach, really aromas, visually looking appealing, but just big and bold, and in your face,” says Tom.
From stouts, to sours there's a beer for everyone.
2Toms is also excited to have a food partnership with nearby King Arthur's.
"They will have their food truck onsite this weekend. But long-term, they're going to be running our prep kitchen area, servicing food there."
Even though this is just the
...More info on site
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USA, ME: The Pour Farm brewery officially open for business in Union
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The Pour Farm brewery, 56 Crawfordsburn Lane, Union, officially opened for business July 26 with a three-barrel brewhouse, tap room and outdoor beer garden, the Courier-Gazette & Camden Herald reported.
The brewery opens with a summer lineup of six beers, ranging from a sessionable blond ale to several punchy IPAs to an American amber and an English brown porter.
Brewer Bill Stinson has been making beer since 1987, and constructed the new brewery with the goal of growing hops and botanicals for the beer in an adjacent field starting next year.
The Pour Farm beer is available in the tap room in (flights, pints, and pitchers, and in growlers to go. There are no plans to can or bottle the beer. The tap room is open Thursday from 4 to 8 p.m.; Friday and Saturday from noon to 8 p.m.; and Sunday from noon to 4 p.m.
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World: AB InBev’s Q2 net profit up 29%
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Anheuser-Busch InBev SA said on July 26 that net profit for the second quarter of the year rose 29% as its global brands Budweiser,
...More info on site
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World: Diageo reports 3.7% increase in operating profit in 12 months to June 30
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Shares in Diageo were down 1.32pc in afternoon trading on July 27, despite the drinks giant reporting operating profit of £3.7 bln (€4.2 bln)
...More info on site
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China: First-half beer production increase stirs hopes for full-year growth
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The soccer World Cup and the Winter Olympics appear to have revived China's taste for beer, with a rise in domestic production for the
...More info on site
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Brazil: Ambev misses profit estimates in Q2
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Ambev SA, the Latin American unit of brewing giant Anheuser Busch InBev NV, missed quarterly profit estimates on July 26, despite higher beer sales
...More info on site
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EU: Winter barley harvests mostly disappointing in Europe this year
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Harvest of winter barley has started in most countries of the European continent, with variable, but mostly disappointing results, H. M. Gauger GmbH said
...More info on site
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Australia: Private barley crop estimates lowered to 8.5-9 mln tonnes
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According to ABARES’ latest estimate, the barley crop in Australia (incl. Tasmania) may reach 9.196 mln tonnes, but private crop estimates have been lowered
...More info on site
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UK: AB InBev to launch gluten-free Stella Artois
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AB InBev will launch a gluten-free variant of its Stella Artois lager as it responds to a surge in demand for gluten-free products, FoodBev.com reported on July 26.
The beer will be available to the off trade grocery channel from August in a 4x330ml bottle format, before being rolled out wider in the autumn.
AB InBev said the beverage “will maintain the high quality and exacting standards of the original Stella Artois recipe”, using four natural ingredients – just with the gluten removed.
The company’s brewers have removed the gluten through the use of a specific protein which it claims does not alter the beer’s taste.
The new variant will be placed outside of the traditional alcohol aisles, driving brand visibility. AB InBev said that UK free-from sales grew 36% year-on-year between 2016 and 2017, with gluten-free beer alone growing 83% (value sales).
Stella Artois Europe marketing director Alexis Berger said: “We’re incredibly excited to be entering the gluten-free beer category with Stella Artois Gluten Free, making the UK’s favourite beer brand more accessible to those who follow a gluten-free lifestyle.
“Consumers will enjoy more options as the UK’s number one selling alcohol brand will be available in a delicious, gluten-free variant. Customers will
...More info on site
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