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Flash Summary
Last five Flashes
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Beer Statistics section.
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E-Malt.com Flash 50b
December 13 - December 16, 2018
Quote of the Week
Your present circumstances don't determine where you can go; they merely determine where you start.
Nido Qubein
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Currency Rates
Base Currency: Euro
on December 14, 2018 |
Base Currency: US Dollar
on December 14, 2018 |
| |
1 EUR = 1.1366 USD
1 EUR = 0.8989 GBP
1 EUR = 1.5180 CAD
1 EUR = 1.1366 AUD
1 EUR = 129.0100 JPY
1 EUR = 4.3966 BRL
1 EUR = 75.3640 RUB
1 EUR = 7.8142 CNY
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1 USD = 0.8797 EUR
1 USD = 0.7909 GBP
1 USD = 1.3356 CAD
1 USD = 1.3833 AUD
1 USD = 113.5000 JPY
1 USD = 3.8683 BRL
1 USD = 66.3083 RUB
1 USD = 6.8753 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 14, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
209.50-211.50 |  0.47% |
| 6RW Malting Barley (FOB Creil) |
202.00-204.00 | 0.49% |
| 2RS Malt (FOB Antwerp) |
413.00-415.00 | 0.30% |
| 6RW Malt (FOB Antwerp) |
404.00-406.00 | 0.30% |
| Feed Barley (FOB Creil) |
195.00-197.00 |  |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
197.50-199.50 | 0.50% |
| 6RW Malting Barley (FOB Creil) |
183.00-185.00 | |
| 2RS Malt (FOB Antwerp) |
397.00-399.00 | 0.31% |
| 6RW Malt (FOB Antwerp) |
379.50-381.50 | |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
220.50-222.50 | 0.23% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,584.00-1,586.00 | 0.63% |
| Malting Barley (West) |
1,584.00-1,586.00 | 0.63% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,354.00-1,356.00 | 0.73% |
| Malting Barley (West) |
1,354.00-1,356.00 | 0.73% |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Beer sales show increase in Germany and Switzerland but drop in the US
...Click here
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Portugal: Carlsberg gains control of 60% of Portugal's Super Bock
...Click here
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World: Barley trade forecast for 2018/19 slightly down this month
...Click here
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EU: Weather conditions favourable for barley plantings in Western Europe, UK and Scandinavia this year
...Click here
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India: Carlsberg, United Breweries seek lenience in cartel probe
...Click here
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India: Mahou India enters Bengaluru with wheat beer
...Click here
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Ghana: Guinness Ghana Breweries committed to increasing local raw material sourcing
...Click here
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Ukraine: AB InBev Efes brings Goose Island beers to Ukraine
...Click here
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South Africa: Reusable bottles shortage leads to slowdown in production of Castle Lager
...Click here
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Graph of the week
Table of the week
World Barley Import, Production, Consumption, and Ending Stocks by Region
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WHERE DO THE IBUS GO?
ABSTRACT
A very good overview about IBU development during
brewing was presented by the Research Team of Ballast
Point Brewing. Although the measurement of IBU does
not reveal specifics about the measured components
(be it Isohumulones, alpha acids or humulinones) to
measure IBUs throughout the process is an efficient way
to get to know your hop processes better. Some findings
are not surprising but important for efficient brewing.
The bitterness utilization decreases with increasing hop
rates and increasing original gravity values. Utilization
increases with higher pH values. Based on IBUs and
depending on bitterness level utilization values in the
whirlpool can vary between 8-45%.
REFERENCES:
Tracking IBU Through The Brewing Process: The Quest For Consistency, M 016, oral
presentation at the Brewing Summit, August 2018, San Diego
Source: Barth Innovations
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These Days in Business History
13 December
1789 - England & Russia sign trade agreement
1789 - 1st loan to U.S. Government (from New York City banks)
1898 - Hannibal Goodwin patents celluloid photographic film
1983 - British Airways incorporates
14 December
1503 - Nostradamus [Michel de Nostre-Dam] French astrologist/prophet is born
1911 - South Pole 1st reached, by Norwegian Roald Amundsen
1960 - Organization for Economic Cooperation & Development (OECD) forms
1967 - DNA created in a test tube
15 December
1792 - 1st life insurance policy issued in US (Philadelphia)
1832 - Alexandre-Gustave Eiffel, French engineer is born (built Eiffel Tour in Paris)
1854 - 1st street-cleaning machine in U.S. 1st used in Philadelphia
1877 - Thomas Edison patents phonograph
1886 - For the first time, total daily trading volume on the New York Stock Exchange exceeds 1 million shares
16 December
1834 - Leon Walras French economist is born
1905 - Variety, covering all phases of show business, 1st published
1908 - 1st credit union in US forms (Manchester NH)
Agenda
February 2019:
08 - 10: Finest Spirits 2019 (Munich, Germany)
08 - 11: HoReCa 2019 (Athens, Greece)
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)
28 - 02 March: Drink Technology India 2019 (Bengaluru, India)
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
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Brewery News
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World: Beer sales show increase in Germany and Switzerland but drop in the US
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Beer sales in Germany in January – October this year amounted to 80.3 mln hl, plus 1.3% versus the same period last year, H.
...More info on site
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Portugal: Carlsberg gains control of 60% of Portugal's Super Bock
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Carlsberg will control 60% of Portugal's Super Bock after taking a stake in the beer group's owner.
The Danish brewer said on December 13 it
...More info on site
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India: Carlsberg, United Breweries seek lenience in cartel probe
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Denmark’s Carlsberg and India’s United Breweries have filed pleas with Indian authorities, seeking leniency in a probe into alleged collusion to fix beer prices, five sources familiar with the matter told Reuters.
The Competition Commission of India (CCI) has been investigating the two companies, as well as the world’s largest brewer Anheuser-Busch InBev (AB InBev).
Last year, as previously reported by Reuters, AB InBev told the regulator it had discovered an industry cartel that discussed and agreed on beer prices before submitting them to Indian states, which regulate pricing.
The company’s confidential disclosure under the CCI’s whistleblower-protection scheme led to dawn raids by the regulator in October at offices of all three of the brewers.
In recent weeks, both Carlsberg and United Breweries filed pleas under the CCI’s so-called leniency programme, submitting evidence and agreeing to cooperate, the sources said, adding that such cooperation could lead to a smaller fine if wrongdoing is discovered.
A Carlsberg spokesman in India said it was “cooperating fully with the CCI” and had done so from the beginning of the probe.
United Breweries, part-owned by Heineken, did not respond to requests for comment. Following the Reuters story on the October raids, it told the Indian stock exchanges it was reviewing
...More info on site
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India: Mahou India enters Bengaluru with wheat beer
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Mahou India, the first subsidiary of Spanish brewing major Mahou Group outside of Spain, has entered Bengaluru. The entry marks the launch of their portfolio which includes Belgian beer in wheat and lager category, the Economic Times reported on December 12.
“We are thrilled to expand our presence to the beer lovers city of India i.e. Bengaluru. Our premium lager beers – Mahou 5 Star and Mahou Clásica have received a great response since their launch in the last three years in other parts of India and we are delighted to launch these products for the city. Mahou Maestra Wheat is the first wheat beer in India that comes with a pull-off cap in its pint bottle. Bengaluru, a city known for its beer culture, is a significant market for us,” said Fernando Bustamante, CEO of Mahou India that is headquartered in Gurugram (Haryana).
Mahou India is a 100% subsidiary of Mahou Group, which is a Spanish-owned family company and market leader in Spain with a production share of 34%. The firm’s history dates back to more than 128 years, beginning with the birth of Mahou in 1890.
India is the first country for Mahou Group where it has a
...More info on site
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Ghana: Guinness Ghana Breweries committed to increasing local raw material sourcing
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Guinness Ghana Breweries Ltd says it is committed to increasing its local raw material sourcing from 50 per cent in 2018 to 70 per cent by 2020, Myjoyonline.com reported on December 12.
Managing Director of Guinness Ghana, Gavin Pike, believes this new strategy will not just benefit over 175,000 farmers across the country but will also increase investment into Ghana’s local raw material.
Mr Pike was speaking at the ‘Facts Behind the Figures’ session organized by the Ghana Stock Exchange in Accra.
He said, “We believe the sustainability of our company’s performance is conditional upon us being trusted by the communities in which we operate. In 2012 we were sourcing about 12 per cent of our inputs from within Ghana. That figure is now over 50 per cent and we hope to reach about 70 per cent by 2020.”
Gavin Pike said that even though the ease of doing business in the country has marginally improved, more seems to be done to deal with outstanding issues of high taxation and the volatility of the Cedi against major currencies like the dollar.
He said Ghana’s economic environment has been positive. Citing the reduction in the policy rate and inflation, Gavin Pike stated that even though
...More info on site
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Ukraine: AB InBev Efes brings Goose Island beers to Ukraine
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AB InBev Efes has brought a first batch of U.S. craft beer by Goose Island Brewery to Ukraine, the Ukraine Open for Business portal said on December 12.
“The company brought to the Ukrainian market world-famous American brands from the manufacturer of craft beer Goose Island Brewery: Goose IPA and URBAN WHEAT ALE. The first batch is 60 hectolitres,” the company said in a press release on December 11.
Two brands by Goose Island Brewery are already on shelves in the Ukrainian MegaMarket, Novus and Silpo retail networks.
As reported, the world’s largest brewing concern Anheuser-Busch InBev (AB InBev) and Anadolu Efes, the largest brewing company in Turkey, completed the merger of businesses in Russia and Ukraine in equal shares in late March 2018.
AB InBev Efes is one of the leaders of the Ukrainian brewing market, occupying 30.5% of it.
AB InBev Efes in Ukraine owns three breweries in Chernihiv, Kharkiv and Mykolaiv regions.
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South Africa: Reusable bottles shortage leads to slowdown in production of Castle Lager
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Some South African liquor outlets are apparently running out of Castle Lager beer, as a shortage of bottles affected production, Business Insider South Africa reported on December 13.
Outlets in Cape Town appear to be particularly affected by the delay, Netwerk24 reported.
Refilwe Masemola, South African Breweries director of external communications, said a shortage of reusable bottles has slowed the production process. There have been delays in returning these bottles to SAB, Masemola said, without giving more details.
“Our production teams are [however] hard at work to ensure that those outlets that may be affected are well stocked over the coming days,” Masemola told Business Insider South Africa.
“We are in fact ahead of our production schedule, which should bring some comfort to our customers.”
Castle Lager is one of South Africa’s most consumed beers and was for the first time named the 25th most valuable beer brand in the world in 2018.
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Barley News
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World: Barley trade forecast for 2018/19 slightly down this month
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USDA’s December report forecasts Australian barley exports in 2018/19 300 thousand tonnes lower than in their November outlook, at 5.4 mln tonnes, on smaller
...More info on site
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EU: Weather conditions favourable for barley plantings in Western Europe, UK and Scandinavia this year
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Favourable weather conditions in Western Europe, the U.K. and Scandinavia provided for good plantings conditions and emergence of winter crops, H. M. Gauger GmbH
...More info on site
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 Whisky News
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USA: Diageo planning new distillery in Kentucky
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Spirits giant Diageo is taking a deeper plunge into bourbon and American whiskey production with plans for a new distillery in Kentucky, the Courier Journal reported on December 14.
The $130 million venture includes plans to build a distillery and warehousing on an approximately 144-acre site at Lebanon in Marion County, the company said Thursday. Diageo officials said the goal is to start production in 2021.
The company whose brand lineup includes Bulleit bourbon is hoping to increasingly tap into the popularity of American whiskeys.
"Bourbon and American whiskey are vibrant and growing categories and we are excited to expand Diageo's footprint in Kentucky to support our ambitions in this space," said Barry Becton, a senior executive at Diageo North America.
Global trade disputes, however, are threatening to dampen the good times for American whiskey makers. Those disputes have resulted in tariffs slapped on bourbon and other American whiskeys in some key overseas markets, including the European Union — where Kentucky spirits producers exported nearly $200 million of their products in 2017.
But in announcing its Kentucky expansion, Diageo pointed to forecasts for continued growth in the bourbon category in coming years. The Bulleit brand had double-digit growth in the U.S. in the past year,
...More info on site
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