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Flash Summary
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E-Malt.com Flash 32b
August 09 - August 12, 2018
Quote of the Week
Blessed is the mother who gives birth to a brewer.
Czech saying
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Currency Rates
Base Currency: Euro
on August 10, 2018 |
Base Currency: US Dollar
on August 10, 2018 |
| |
1 EUR = 1.1593 USD
1 EUR = 0.8994 GBP
1 EUR = 1.5111 CAD
1 EUR = 1.5626 AUD
1 EUR = 128.8400 JPY
1 EUR = 4.3939 BRL
1 EUR = 76.8250 RUB
1 EUR = 7.9053 CNY
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1 USD = 0.8636 EUR
1 USD = 0.7773 GBP
1 USD = 1.3030 CAD
1 USD = 1.3494 AUD
1 USD = 110.9900 JPY
1 USD = 3.7821 BRL
1 USD = 66.2856 RUB
1 USD = 6.8194 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 10, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
225.50-227.50 |  1.34% |
| 6RW Malting Barley (FOB Creil) |
210.00-212.00 | 2.43% |
| 2RS Malt (FOB Antwerp) |
430.50-432.50 | 0.86% |
| 6RW Malt (FOB Antwerp) |
411.50-413.50 | 1.51% |
| Feed Barley (FOB Creil) |
204.00-206.00 | 0.99% |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
201.50-203.50 |  |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,764.00-1,766.00 | 2.92% |
| Malting Barley (West) |
1,764.00-1,766.00 | 2.92% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,534.00-1,536.00 | 1.32% |
| Malting Barley (West) |
1,534.00-1,536.00 | 1.32% |
Canadian Barley
Crop 2018 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, track in Winnipeg rail |
364.00-366.00 |
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| 2-Row Malting Barley, bulk, track in Vancouver rail |
339.00-341.00 |
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| 6-Row Malting Barley, bulk, track/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
241.00-243.00 |
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| Feed Barley, basis Winnipeg |
241.00-243.00 |
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| Feed Barley, bulk in store, Vancouver |
nq |
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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 |
142.00-144.00 |
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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.
The Philippines: San Miguel Food and Beverage reports 20% increase in first-half income
...Click here
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Romania: Beer market up almost 20% in last five years
...Click here
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Brazil: Heineken may close two breweries in Brazil - report
...Click here
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EU: Outlook for EU’s barley crop lowered to 57.1 mln tonnes
...Click here
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France: Winter barley production expected to drop 1.7% this year
...Click here
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Germany: Grain harvest expected to be the lowest in 24 years but spring barley still to increase by 14.2%
...Click here
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Latvia: Cesu Alus brewery’s turnover increases 14.7%
...Click here
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World: Diageo announces first tranche of buyback programme
...Click here
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Australia: Brewers Association calling Tax Office for heavy taxes on beer
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
World Hop Area and Production 2014 - 2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW HOPS AND YEAST INTERACT
ABSTRACT
This is a large research field and studies to look into it
are only starting. Our Team looked into hop aroma of dry
hopped beers using two different yeast strains (Califorina
Ale and German Koelsch yeasts) and two different
hop varieties (US Cascade and Hallertau MittelfrUEh).
Dry hopping was done on an equal hop oil equivalent
(4ml/hl) after 3 days of fermentation. Our results show
that hops are a main source of 3MH although malt also
delivers this thiol into beer. The concentration of 4MMP
was mainly dependent on the hop variety. Beers brewed with Cascade showed a concentration whereas beers
brewed with Hallertau Mittelfrueh or unhopped beers
had lower concentrations or no 4MMP was detected.
The results suggest that the California Ale Yeast has
a higher ability to release monoterpene alcohols from
precursors. The California Ale beer with Cascade
had higher levels of geraniol and citronellol and was
described as more citrusy, The higher levels of 4MMP
in the beers made with Cascade hops also showed
higher intensities for "red berries" in the sensory profiling.
Our results show that hop variety has a stronger influence
than yeast on the levels of 4MMP. Higher levels of
linalool in beers made with HHA also match the
sensory description of more intense floral flavour.
REFERENCES:
Munoz, A.: Kugel, R: Transfer of pesticides from hops into beer P.3.11 at 13th Trends in Brewing, April 2018, Ghent
Read more
Source: Barth Innovations
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These Days in Business History
09 August
1874 - Harry S Parmelee patents sprinkler head
1945 - US drops 2nd atomic bomb "Fat Man" on Japan destroys part of Nagasaki
1976 - USSR launches Luna 24, last Lunar flight to date from Earth
10 August
1500 - Diego Diaz discovers Madagascar
1793 - The Musee du Louvre is officially opened in Paris, France
1961 - England applies for membership in the European Common Market
1981 - Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 - UN estimates Asia's population hit 3 billion
11 August
1909 - SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1992 - The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota
12 August
1856 - Anthony Fass patents accordion
1877 - Thomas Edison invents Edisonphone, a sound recording device
1960 - Echo 1, 1st communications satellite, is launched
1981 - The IBM Personal Computer is released
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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The Philippines: San Miguel Food and Beverage reports 20% increase in first-half income
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San Miguel Food and Beverage Inc. (SMFB), the combined food and beverage unit of conglomerate San Miguel Corp., said its income rose 20 percent
...More info on site
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Romania: Beer market up almost 20% in last five years
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The beer market in Romania went up by almost 20% in the last five years, reaching RON 3.97 billion (EUR 870 million) in 2017,
...More info on site
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Brazil: Heineken may close two breweries in Brazil - report
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Heineken NV is considering closing two factories in northeastern Brazil, a senior executive said in an interview with newspaper Valor Economico.
Vice President Nelcina Tropardi
...More info on site
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World: Diageo announces first tranche of buyback programme
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Diageo said on August 10 it had entered into an agreement with Citigroup to execute the first tranche of the company's buyback programme, the Shares Magazine reported.
The agreement commenced on August 10 and is expected to end no later than 31 January 2019, Diageo said.
Diageo will buy back about £1.4 bln of shares, and further tranches are expected to be announced during the financial year ending 30 June 2019.
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Latvia: Cesu Alus brewery’s turnover increases 14.7%
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Latvia’s Cesu Alus brewery turned over 54.267 mln in 2017, up 14.7% against a year before, while its profit nearly doubled to EUR 5.516 mln, informs LETA.
The company’s beer sales rose 13.5% year-on-year to 76.3 mln litres in 2017, Cesu Alus management said, adding that growth was recorded in all beverages segments, with the sales of fermented beverages, water and non-alcoholic beverages growing at the fastest pace.
According to the company’s management, Cesu Alus accounted for 68% of Latvia’s total beer output last year.
In 2017, the brewery’s energy management system was certified to ISO 50001 and the company continued to implement its long-term investment program, spending EUR 1.67 mln on production upgrades.
In 2016, Cesu Alus generated EUR 47.314 mln in turnover and made a EUR 2.785 mln profit.
With a 99% stake in the company’s capital Finland’s Olvi is the key owner of Cesu Alus.
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Australia: Brewers Association calling Tax Office for heavy taxes on beer
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Australia’s Brewers Association is calling out the Australian Tax Office for its heavy taxes on beer as increases are expected this month, the Food & Drink Business reported on August 9.
“The latest 2016-17 data on beer and taxes is sobering,” Brewers Association of Australia CEO Brett Heffernan said.
“Despite beer being by far the lowest concentration of all alcohol products, beer excise netted the Australian government the biggest return of A$2.38 billion."
Heffernan said Australian beer excises ranked among the highest in the world despite per capita consumption of beer falling 60 per cent over the last four decades, and the excise automatically goes up every February and August.
He said there was also a GST of 10 per cent on the excise, and another 10 per cent GST is paid on the wholesale price.
“All told, that’s a tax trifecta worth a whopping A$4.2 billion in just one year, just from beer,” Heffernan said.
The Wine Equalisation Tax (WET) saw A$850 million collected from wine in 2016-17, with no increase in the WET since it was introduced almost 20 years ago.
“It’s beer drinkers who are paying the most in alcohol tax despite imbibing a fraction of the alcohol,” he said.
“Serious excise reform that recognises
...More info on site
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Barley News
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EU: Outlook for EU’s barley crop lowered to 57.1 mln tonnes
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Analysts at Strategie Grains made another steep cut to their estimate for this year's European Union soft wheat harvest, citing parched conditions in northern
...More info on site
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France: Winter barley production expected to drop 1.7% this year
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According to a report published on August 9 by FranceAgriMer, Arvalis, and Terres Inovia, France’s winter barley production is expected to amount to around
...More info on site
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Germany: Grain harvest expected to be the lowest in 24 years but spring barley still to increase by 14.2%
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Germany’s 2018 grain harvest will be the lowest in 24 years after a drought and heatwave heavily damaged crops, the association of German farm
...More info on site
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Russia: Barley exports up 94% in 2017/18
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According to preliminary data, 2017/18 barley exports from Russia were up 94% year-over-year at a record 5.83 mln tonnes (excluding the Customs Union), reports
...More info on site
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