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Flash Summary
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E-Malt.com Flash 43a
October 21 - October 23, 2019
Quote of the Week
When the bee comes to your house, let her have beer; you may want to visit the bee's house some day.
Congolese proverb
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Currency Rates
Base Currency: Euro
on October 23, 2019 |
Base Currency: US Dollar
on October 23, 2019 |
| |
1 EUR = 1.1140 USD
1 EUR = 0.8609 GBP
1 EUR = 1.4581 CAD
1 EUR = 1.6227 AUD
1 EUR = 120.9300 JPY
1 EUR = 4.5706 BRL
1 EUR = 70.9341 RUB
1 EUR = 7.8825 CNY
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1 USD = 0.8976 EUR
1 USD = 0.7728 GBP
1 USD = 1.3089 CAD
1 USD = 1.4566 AUD
1 USD = 108.5600 JPY
1 USD = 4.1030 BRL
1 USD = 63.6774 RUB
1 USD = 7.0761 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 23, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
159.50-161.50 |  0.63% |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 | 1.27% |
| Feed Barley (FOB Creil) |
160.00-162.00 | 1.90% |
| 2RS Malt (FOB Antwerp) |
350.50-352.50 | 0.35% |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | 0.71% |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
174.50-176.50 | 0.57% |
| 6RW Malting Barley (FOB Creil) |
167.00-169.00 | 0.60% |
| 2RS Malt (FOB Antwerp) |
369.00-371.00 | 0.33% |
| 6RW Malt (FOB Antwerp) |
360.00-362.00 | 0.34% |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 |  |
| Malting Barley (West) |
1,204.00-1,206.00 | |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Heineken reports 2.3% beer volume rise in Q3, tempers full year profit forecast
...Click here
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South Africa: Blossoming craft beer sector trying to get drinkers broaden their tastes
...Click here
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Ukraine: Grain harvest to reach record volume thanks to larger barley, wheat crops
...Click here
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EU & USA: Scotch imports tariffs in the US will be “particularly damaging” for smaller producers
...Click here
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Belgium: Medieval ‘super yeasts’ named factor of success for Belgian beers
...Click here
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Australia: Craft beer drinkers positive about future of category - survey
...Click here
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Myanmar: Myanmar’s first microbrewery inspired by Friday nights in Singapore in late 90s
...Click here
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Myanmar: Lawsuit against senior employees of Myanmar Carlsberg to proceed despite attempts to settle out of court
...Click here
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Graph of the week
Table of the week
UK Hops Area, Yields, and Production 2017-2018
Barley Prices
Theoretical Malt Prices
Scientific Digest
THE POTENTIAL IN DRY HOPPING
ABSTRACT
The different growing regions of hop production also
use different techniques for hop drying after harvest.
This US Team did a comparison of different kilning
procedures. In the US the traditional hop method is to
pile them 60-80 cm in large boxes and to run through
the beds with air heated to 48-66 degrees C. This can result
in uneven drying with bottom hops having 5% moisture
and the hops at the top having up to 20% moisture.
Overheating the hops can result in the formation of off
flavours like onion/garlic. In comparison, drying hops
with unheated and dehumidified air results in a less
than 1% moisture difference between top and bottom
of the bed. However this system is energy intensive
and takes up to 48hrs in comparison to up to 13 hrs
for the traditional method. The system in Germany/
Europe consists of using three drawers of hops with a
height of 30 cm each that are dried and then dropped
to the second tier as a new load of hops is loaded into
the top tier. Again, after partial drying the middle tier
is dropped to the lowest tier, the top tier to the middle,
and the top once again reloaded. This system results in
very homogenous moisture levels but in terms of energy
consumption appears to be slightly above the US system. This study thoroughly compares all three systems
in terms of energy consumption showing all pros and
cons in terms of hops quality. Obviously for all systems
there is still room for improvement.
REFERENCES:
Val Peacock, et al: A Comparison of Hop Drying with Unheated, Dehumidified Air Versus Traditional Drying with Heated Air MBAA TQ vol. 55, no. 3, 2018, pp. 63-66
Source: Barth Innovations
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These Days in Business History
21 October
1492 - Columbus discovers America (Oct 12, 1492 Julian calendar)
1879 - Thomas Edison perfects carbonized cotton filament light bulb
1987 - Nobel prize for economy awarded to Robert M. Solow
22 October
1897 - World's 1st car dealer opens in London
1979 - Walt Disney World's 100-millionth guest
1997 - Yahoo completes purchase of Four11
23 October
1814 - 1st plastic surgery is performed (England)
1824 - 1st steam locomotive is introduced
1989 - Bankruptcy of Wartsila Marine; the biggest bankruptcy in the Nordic countries until then
Agenda
October 2019:
24 - 26: Warsaw Beer Festival 2019 (Warsaw, Poland)
29 - 13 November: World Beer Cup 2020 (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)
January 2020:
31 - 01 February: Braukunst Live! 2020 (Munich, Germany)
February 2020:
04 - 08: Great British Beer Festival Winter 2020 (Norwich, UK)
07 - 10: HoReCa 2020 (Athens, Greece)
07 - 09: Finest Spirits 2020 (Munich, Germany)
15 - 18: Beer Attraction 2020 (Rimini, Italy)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)
March 2020:
09 - 11: 107th Brewing and Engineering Congress 2020 (Rust, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
April 2020:
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)
May 2020:
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Brewery News
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World: Heineken reports 2.3% beer volume rise in Q3, tempers full year profit forecast
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Heineken, the world’s second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in
...More info on site
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South Africa: Blossoming craft beer sector trying to get drinkers broaden their tastes
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For more than a century, beer-making in South Africa has been dominated by South African Breweries (SAB), a subsidiary of multinational giant Anheuser-Busch InBev. But now a growing movement of craft brewers is trying to get the nation's drinkers to broaden their tastes, CNN reported on October 21.
"A blossoming craft beer sector enables startups to grow and gives the little guy a chance to help disrupt an industry that for decades has been controlled by one company," says Nick Smith, chairman of Craft Brewers Association South Africa (CBASA). "We compete against the Goliaths by focusing on making amazing, innovative beer."
Craft beer is brewed by small or independent breweries. It started to become popular in South Africa in 1983 with the opening of Mitchell's Brewery in Knysna, in the Western Cape, says Smith. It really began to gain traction in the mid- to late 2000s and has "come on in a big way in the last five years or so," says Smith, who is also founder of Soul Barrel Brewing Co.
There are now around 215 craft breweries, according to CBASA. Still, craft beer accounts for just under a 1% share of the beer market in South Africa, Smith estimates.
South Africa "went
...More info on site
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Belgium: Medieval ‘super yeasts’ named factor of success for Belgian beers
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Belgian beers such as Gueuze or Trappist partly owe their success to medieval hybrid “super yeasts,” according to new research by an international team of scientists led by professors from Leuven and Ghent, the Brussels Times reported on October 22.
The mix of the two completely different types of yeast makes the hybrid yeasts much stronger than the original types, according to the Flemish Institute for Biotechnology (VIB). “Compare it to lions and tigers making a super baby,” said Jan Steensels from the VIB-KU Leuven Centre for Microbiology, reports VRT NWS.
The “hybridisation” is rare, according to the researchers. “In this case, the hybrid yeasts combine important characteristics from both parent species: the fermentation capacity from traditional beer yeast and the ‘stress resistance’ and ability to form special aromas from old, natural yeasts,” said the VIB in a statement.
Professor Steven Maere, a bioinformatics expert at the VIB-UGent Centre for Plant System Biology, provided the necessary plant expertise to the team in Leuven. In turn, together with colleagues from Munich, they identified the yeasts in the production of, for example, wine, beer and bread.
“It is fascinating that complex hybrids with doubled genomes are prominently present in both yeasts and plants,” said professor Maere,
...More info on site
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Australia: Craft beer drinkers positive about future of category - survey
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Australian craft beer drinkers feel positive about the future of the category: with 93% believing the quality of brews is improving, while 87% would encourage family and friends to try craft beer, BeverageDaily.com reported on October 23.
More than 23,000 Australian craft beer drinkers from across the country took part in online craft beer retailer Beer Cartel’s annual survey, which is now in its fourth year.
“Craft beer is the only segment of the Australian beer market which is in continuous growth, with overall consumption of beer and alcohol in decline,” says Beer Cartel. “Most craft beer drinkers are positive about the direction craft beer is heading and are excited by the opportunity to try different beers.”
Key changes in the category over the last year have been a shift towards cans and an increase in online purchases, notes the survey.
The average Australian craft drinker is aged 38; has been interested in the category for 8 years; and spends A$56 a week on beer. The number of female craft drinkers has grown: but still only accounts for 23% of consumers, with 77% of drinkers being male.
Pale Ale /XPA is the most popular beer style; followed closely by India Pale Ale / double IPA.
Core
...More info on site
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Myanmar: Lawsuit against senior employees of Myanmar Carlsberg to proceed despite attempts to settle out of court
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A lawsuit filed against six senior employees of Myanmar Carlsberg Company, including its managing director, for cheating under section 420 of the Penal Code will proceed despite attempts to settle out of court, U Ye Tun, managing director of Myat Hmwei Trading Company, which filed the suit, told The Myanmar Times after an October 22 hearing.
Under a case management plan prescribed by the court, the plaintiff, defendants and their lawyers had met to discuss how to proceed with the suit in Thingangyun, Yangon.
"There's no plan to settle out of court because we filed the lawsuit based on principles of integrity," U Ye Tun said during an interview at his office.
He said the lawsuit came about as a result of a beer promotion campaign by Myanmar Carlsberg which took place in October 2018. As part of the campaign, a small carton of Yoma Beer would be given away for every purchase of three large cartons of the beer.
Myat Hmwei is accusing Myanmar Carlsberg for not giving them the correct amount of free cartons promised under the campaign. According to U Ye Tun, Myanmar Carlsberg still owes his company 22,615 cartons of Yoma Beer worth about K270 million.
“The Carlsberg
...More info on site
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Myanmar: Myanmar’s first microbrewery inspired by Friday nights in Singapore in late 90s
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Friday nights in the late 90s were a ritual for Htin Lin and his friends - finish work or study and then start drinking beer, CNA reported on October 19.
At Brewerkz, a well-known drinking institution, they had discovered something different: Craft beer with complexity and character, unlike the simple lagers they were used to.
“I was blown away,” Htin Lin said of that time some 20 years ago. “We were all single and we were on liquid diets on Fridays. Brewerkz was the place. You’d order a beer, you’d talk about work, the industry, sports and then politics and then girls and then retirement.”
The group of young people from Myanmar spent years in Singapore doing this. They started to joke and dream about having their own microbrewery “somewhere exotic”, like Bali or Phuket.
“No one was really serious about it,” Htin said. But the idea somehow never escaped them.
The friends moved on from their life in Singapore, returned to Myanmar and started families. As the country started to emerge from the relative darkness of longtime military rule, opportunity knocked.
“Myanmar was exotic, as a country opening up and people were saying it’s the last frontier in terms of economic
...More info on site
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Barley News
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Ukraine: Grain harvest to reach record volume thanks to larger barley, wheat crops
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Ukraine's grain harvest this year is likely to rise to a record 71.8 million tonnes from 70.1 million tonnes in 2018, underpinned by higher
...More info on site
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Whisky News
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EU & USA: Scotch imports tariffs in the US will be “particularly damaging” for smaller producers
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The 25% tariff on single malt Scotch imports to the US, effective from October 18, will be “particularly damaging” for smaller producers and will “diminish” consumer choice, The Spirits Business reported, citing the Scotch Whisky Association (SWA).
The SWA’s Karen Betts says that smaller producers will be hit the hardest by the 25% tariffs on single malt
On 2 October, the US government revealed its intentions to impose a 25% import tariff on EU goods, including single malt Scotch whisky, single malt whiskey from Northern Ireland, liqueurs and cordials from Germany, Italy, Spain, Ireland and the UK and wine.
The tariffs, which were formally given the go ahead by the World Trade Organization (WTO) earlier last week, came into force on October 18.
The US has been embroiled in an ongoing spat with the WTO over illegal subsidies for plane manufacturers Airbus and Boeing. The tariff has been launched in retaliation against EU subsidies given to aerospace company Airbus.
According to the SWA’s chief executive Karen Betts, the move means that Scotch “is now paying for over 60% of the UK’s tariff bill for the subsidies it provided to Airbus, eight times more than the next most valuable UK product on the tariff list”.
She warned
...More info on site
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