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Flash Summary
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E-Malt.com Flash 15b
April 11 - April 14, 2019
Quote of the Week
Many battles have been fought and won by soldiers nourished on beer.
Frederick the Great
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Currency Rates
Base Currency: Euro
on April 12, 2019 |
Base Currency: US Dollar
on April 12, 2019 |
| |
1 EUR = 1.1269 USD
1 EUR = 0.8615 GBP
1 EUR = 1.5055 CAD
1 EUR = 1.5773 AUD
1 EUR = 125.4400 JPY
1 EUR = 4.3227 BRL
1 EUR = 72.6067 RUB
1 EUR = 7.5683 CNY
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1 USD = 0.8873 EUR
1 USD = 0.7645 GBP
1 USD = 1.3360 CAD
1 USD = 1.3996 AUD
1 USD = 111.3100 JPY
1 USD = 3.8361 BRL
1 USD = 64.4335 RUB
1 USD = 6.7164 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 12, 2019 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
174.50-176.50 |  |
| 6RW Malting Barley (FOB Creil) |
172.00-174.00 | |
| 2RS Malt (FOB Antwerp) |
372.00-374.00 | |
| 6RW Malt (FOB Antwerp) |
369.50-371.50 | |
| Feed Barley (FOB Creil) |
165.00-167.00 |  0.60% |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
184.50-186.50 | |
| 6RW Malting Barley (FOB Creil) |
173.00-175.00 | |
| 2RS Malt (FOB Antwerp) |
381.00-383.00 | |
| 6RW Malt (FOB Antwerp) |
367.00-369.00 | |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
195.00-197.00 |  1.96% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,404.00-1,406.00 | 0.71% |
| Malting Barley (West) |
1,404.00-1,406.00 | 0.71% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,304.00-1,306.00 | 0.76% |
| Malting Barley (West) |
1,304.00-1,306.00 | 0.76% |
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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.
Romania: Beer market up 3% in volume terms last year
...Click here
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Vietnam: Habeco forecasts drop in post-tax profit this year
...Click here
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Ireland: Beer remains Ireland’s most popular drink of choice
...Click here
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EU: Barley and wheat production prospects worsened by dry conditions
...Click here
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Canada: Barley carryout forecast to be lowest in six decades
...Click here
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France: FranceAgriMer raises forecast for soft wheat exports, reduces barley ending stocks estimate
...Click here
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Thailand: Government considering alcohol-free beer tax hike
...Click here
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India: AB InBev planning to launch two non-alcoholic beers in India
...Click here
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South Korea & USA: South Korea’s Booth Brewing successfully conquers craft beer lovers out of its US production facility
...Click here
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USA: Clothing company Patagonia sues AB InBev for selling Patagonia beer
...Click here
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Graph of the week
Table of the week
World Hop Crop and Alpha Acid Production
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Come on, let's dip hop!
ABSTRACT
Japanese researchers introduced this hopping
technology already 2013 at the EBC. Dip hopping means
the addition of hop after wort cooling before start of
fermentation. With this hopping technology they found the following results: hop enzymes do not contribute
to main fermentation, myrcene levels in finished beers
are very low, which was found favourable in this case.
Also, the production of 2M3MB an onion type of flavour
(derived from iso-alpha acid) is supressed due to a lower
H2S content in the beer.
REFERENCES:
Tsuchiy, Y: Effect of hops addition to the fermentation tank to beer fermentation, poster
presentation at the Brewing Summit 2018, A 127
Read more
Source: Barth Innovations
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These Days in Business History
11 April
1919 - The International Labour Organization is founded
1929 - Loetafoon celluloid film system demonstrated in Amsterdam
1992 - Euro-Disney opens near Paris
1994 - Software programmer Marc Andreesen, then 22 years old, and venture capitalist Jim Clark, the co-founder of Silicon Graphics Inc., found Mosaic Communications Corp
12 April
1903 - Jan Tinbergen is born, Dutch economist and U.N. advisor, Nobel 1969
1905 - French Dufaux brothers test helicopter
1992 - The Euro Disney Resort officially opens with its theme park Euro Disneyland. The resort and its park's name are subsequently changed to Disneyland Paris
1996 - One of the first companies ever to go public with an exclamation point in its name, Yahoo! Inc., launches its IPO on NASDAQ, selling 2.6 million shares at an initial price of $13 a share
13 April
1785 - John Walter publishes 1st issue of London Times
1888 - National Geographic Society is founded in Washington, D.C.
1942 - Henry Ford patents a method of constructing plastic auto bodies
1976 - The United States Treasury Department reintroduces the two-dollar bill as a Federal Reserve Note on Thomas Jefferson's 233rd birthday as part of the United States Bicentennial celebration
14 April
1863 - William Bullock patents continuous-roll printing press
1900 - President Loubet opens International Fairs in Paris
1987 - Turkey asks to join European market
Agenda
April 2019:
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
07 - 09: International Beer Strategies Conference 2019 (Dublin, Ireland)
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
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)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
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)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
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)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
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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Romania: Beer market up 3% in volume terms last year
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Romania’s beer market increased by 3% in volume terms to 16.6 million hectolitres in 2018, while the consumption of beer per capita reached 85
...More info on site
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Vietnam: Habeco forecasts drop in post-tax profit this year
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The Ha Noi Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VND310 billion (US$13.3 million) in 2019,
...More info on site
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Ireland: Beer remains Ireland’s most popular drink of choice
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Ireland’s most popular alcoholic drink of choice has been revealed and there are no prizes for guessing what’s come out on top, the Irish Post reported on April 11.
Beer remains the tipple of choice on the Emerald Isle, according to a new report published by Drinks Industry Group of Ireland (DIGI) and Dublin City University (DCU).
The report reveals beer made up 45.2% of all alcohol purchased over the past year.
That represents a 2.7% increase in consumption levels compared with figures for the previous year.
Wine came in a distant second, with an overall share of 26.7%, which represents a 2% decline on the year before.
Spirits are an increasingly popular choice, with whiskey and the like accounting for 20.5% of all the alcohol imbibed in Ireland last year.
That represents an impressive 5.6% increase on last year.
This means that of all alcohol imbibed last year, 20.5% of it was whiskey, vodka, gin and other popular spirits.
Cider remained someway off the pace, despite a 0.4% increase, with pints of Strongbow and other such tipples accounting for just 7.5% of all booze drunk.
Commenting on the report, Rosemary Garth, chairwoman of DIGI and director of communications and corporate affairs at Irish Distillers, noted that increasing popularity
...More info on site
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Thailand: Government considering alcohol-free beer tax hike
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Thailand’s government said it’s considering a tax increase on alcohol-free beer in order to discourage drinkers from eventually switching to alcoholic drinks, Khaosod English reported on April 12.
Patchara Anantasilpa, director general of the Excise Department, announced on April 11 a possible increase in tax on zero-alcohol beer, a recent entry into the Thai beverage market.
Patchara said that the Health Ministry wants non-alcoholic beers to be branded as “malt drinks” instead of “beer” on the basis of public health concerns. He reasoned that once drinkers develop a taste for non-alcoholic beers, they will likely progress to the alcoholic version.
Non-alcoholic beer is currently taxed at 14 percent – around 5 to 12 baht per can – making prices anywhere between 39 to 99 baht per can. This is compared to the 22-percent tax slapped on alcoholic beer, according to Patchara.
Patchara added that there should be clarity on the matter after Songkran, or later next week. He also said that cough syrups, which sometimes contain minor amounts of alcohol, could be affected by the tax increase if approved. This is because non-alcoholic beer or “malt drinks” are actually defined by alcohol contents of 0.5 percent.
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India: AB InBev planning to launch two non-alcoholic beers in India
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Anheuser-Busch InBev (AB InBev) is planning to launch two non-alcoholic beers in India, Mint reported. The Belgian beverage maker is set to launch Budweiser 0.0 and Hoegaarden 0.0 in the next three months. Till then, the products will be imported into India, the report stated.
The new drinks are for "those who don't want to drink alcohol, but want to socialise and that’s a way for them to be included in the beer category," Ben Verhaert, Business Unit President, South Asia, AB InBev, told the newspaper.
AB InBev’s plan comes six months after United Breweries (UBL) launched two non-alcoholic beverages in India - lemon-based drink Radler and non-alcoholic beer Heineken 0.0.
According to Statista, the beer market generated $3.8 billion in revenue in 2018 and is expected to grow eight percent annually from 2019-23.
On the subject of craft beer, Verhaert told the newspaper, "As a company we are always open to these opportunities. The only point is you need to bet on the right future trends. Today, we have a large portfolio that we can leverage. I would say we are looking at any kind of future trends that could actually pop-up."
AB InBev has been trying to boost its presence in the non-alcoholic
...More info on site
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South Korea & USA: South Korea’s Booth Brewing successfully conquers craft beer lovers out of its US production facility
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Booth Brewing, one of South Korea's most visible craft beer producers, doesn't make its beer where Korean beer giants Hite and OB produce their ubiquitous watery lagers. Instead, most of Booth's beers are brewed in Eureka, the California city near the Oregon border most known for redwood trees and marijuana cultivation, KPBS reported on April 9.
Booth launched in Seoul in 2013 after husband and wife team Sunghoo Yang, a former investment analyst, and Heeyoon Kim, a former doctor, wanted to help correct the dearth of craft beer in South Korea. Part of their impetus was an article that ran a few years prior in The Economist. "Brewing remains just about the only useful activity at which North Korea beats the South," the article concluded, while declaring North Korea's government-brewed Taedonggang as more memorable than South Korea's beer offerings.
Like many South Koreans, Yang and Kim wanted to prove that conclusion wrong. So they teamed up with Daniel Tudor, the article's author, and opened a pub that served pizza and craft beer out of a Seoul alley. Their patriotic origin story and quirky branding — their bottles have colorful labels featuring the adventures of a blue creature called the Boothman — quickly
...More info on site
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USA: Clothing company Patagonia sues AB InBev for selling Patagonia beer
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Clothing company Patagonia is suing Budweiser's parent company for selling a beer that bears its name and evokes its rugged, environmentally friendly brand and logo, CNN reported on April 10.
AB InBev was granted a trademark to sell Patagonia beer in the United States in 2012, but the company sat on the name until 2018, when it started selling beer with the branding.
Patagonia, the clothing company, accuses AB InBev of trademark infringement for copying the brand's name and aesthetic on its beer. AB's Patagonia beer packaging includes a silhouette of a mountain and the word Patagonia in bold lettering.
What's worse, the clothing company said, is AB InBev has been selling the brew and its own Patagonia-branded apparel at pop-up stores at ski resorts, which is Patagonia clothing territory, the company said in the suit.
"In short, AB has done everything possible to make it appear as though this PATAGONIA beer is sold by Patagonia."
The company said that AB InBev "has gone as far as creating a logo that is strikingly similar to Patagonia's famous mountain silhouette logo that has appeared continuously for decades on millions of products."
In a short emailed statement to CNN, an AB InBev spokesperson wrote the company will fight
...More info on site
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Barley News
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EU: Barley and wheat production prospects worsened by dry conditions
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Dry conditions have worsened prospects for this summer's wheat and barley harvests in the European Union, crop consultancy Strategie Grains said as it cut
...More info on site
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Canada: Barley carryout forecast to be lowest in six decades
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Canadian barley carryout is forecast to be the lowest in six decades, the Western Producer reported on April 11.
Agriculture Canada estimates 900,000 tonnes of carryout. Index Mundi has charted ending stocks going back to 1960 and they have never been lower.
Neil Townsend, senior market analyst with FarmLink Marketing Solutions, said the low stocks are the result of a combination of factors.
Canadian barley acres are hovering around the 60-year lows and there have been good malting barley exports to China, but the biggest factor is that the Canadian feed industry has been a voracious consumer of the crop.
“Animal numbers in Western Canada are pretty strong, so we’ve had good feeding of barley,” he said.
Feed prices vary widely but feedlots have commonly paid $5 per bushel for old crop feed barley in 2018-19. The last couple of years the price has been below C$4 and before that C$2.50 to C$3 was the norm.
“This is a very strong price right now,” said Townsend.
He wouldn’t be surprised if old crop prices appreciated further in the May/June/July period if dry conditions persist on the Prairies and buyers decide to stock up.
New crop feed barley prices are about C$1 per bushel lower, indicating that the market
...More info on site
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EU: Malting barley a bit up and down this week
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EU malting barley markets went a bit up and down this week with the markets starting weaker and ending a bit stronger, GrainCom reported
...More info on site
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France: FranceAgriMer raises forecast for soft wheat exports, reduces barley ending stocks estimate
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Farming agency FranceAgriMer raised its forecast for French soft wheat exports outside the European Union for the third month in a row, but said
...More info on site
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