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Flash Summary
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Malt Statistics section and the tables related to beer in
Beer Statistics section.
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E-Malt.com Flash 43b
October 24 - October 27, 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 25, 2019 |
Base Currency: US Dollar
on October 25, 2019 |
| |
1 EUR = 1.1121 USD
1 EUR = 0.8633 GBP
1 EUR = 1.4541 CAD
1 EUR = 1.6278 AUD
1 EUR = 120.7900 JPY
1 EUR = 4.4808 BRL
1 EUR = 71.1316 RUB
1 EUR = 7.8595 CNY
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1 USD = 0.8991 EUR
1 USD = 0.7763 GBP
1 USD = 1.3076 CAD
1 USD = 1.4636 AUD
1 USD = 108.6100 JPY
1 USD = 4.0291 BRL
1 USD = 63.9617 RUB
1 USD = 7.0673 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 25, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
158.50-160.50 |  0.62% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | 0.63% |
| Feed Barley (FOB Creil) |
159.00-161.00 | 0.62% |
| 2RS Malt (FOB Antwerp) |
349.00-351.00 | 0.35% |
| 6RW Malt (FOB Antwerp) |
348.50-350.50 | 0.35% |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
174.50-176.50 |  |
| 6RW Malting Barley (FOB Creil) |
167.00-169.00 | |
| 2RS Malt (FOB Antwerp) |
369.00-371.00 | |
| 6RW Malt (FOB Antwerp) |
360.00-362.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
174.50-176.50 |  0.14% |
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 | |
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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.
World: AB InBev market value declines on profit warning and weaker than expected Q3 earnings growth
...Click here
|
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Brazil: Ambev expects price hikes to hurt fourth-quarter numbers to some extent
...Click here
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Japan: Asahi Group CEO betting on alcohol-free beer to drive global profits
...Click here
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Brazil: Heineken to double brewing capacity in Brazil
...Click here
|
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Nigeria: Guinness Nigeria’s full-year profit drops by N1.24 bln
...Click here
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India: Investigation concludes AB InBev, Carlsberg and UB colluded to fix beer prices - sources
...Click here
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Australia: State of Victoria launches programme to support small-scale and craft beer producers
...Click here
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Japan: Kirin to launch non-alcoholic beer with Food with Functional Claim
...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
24 October
1836 - A. Phillips patents the match
1857 - World's 1st football club, Sheffield FC, founded in England
2008 - "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices
25 October
1492 - Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 - Tappan sells 1st microwave oven
1960 - 1st electronic wrist watch placed on sale, New York City
26 October
1952 - Chevrolet unveils V-8 engine
1954 - Walt Disney's 1st television program, "Disneyland", premieres on ABC
1956 - U.N.'s International Atomic Energy Agency statute approved
27 October
1969 - Nobel prize for economy awarded to John Tinbergen
1984 - Hepatitis virus is discovered
1997 - Intel Corp buys Digital Equipment for $700 million
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: AB InBev market value declines on profit warning and weaker than expected Q3 earnings growth
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Anheuser-Busch InBev saw more than $13 billion wiped off its market value on October 25, after a profit warning and weaker-than-expected third-quarter earnings growth
...More info on site
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Brazil: Ambev expects price hikes to hurt fourth-quarter numbers to some extent
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Brazilian beverages firm Ambev SA expects some of the headwinds that hurt third-quarter results to carry into the fourth-quarter, as recent prices hikes in
...More info on site
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Japan: Asahi Group CEO betting on alcohol-free beer to drive global profits
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Asahi Group Holdings’ Chief Executive Akiyoshi Koji is betting on alcohol-free beer to drive global profits in coming years, leveraging Japanese technology to improve
...More info on site
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Brazil: Heineken to double brewing capacity in Brazil
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Heineken, the world’s second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the
...More info on site
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Nigeria: Guinness Nigeria’s full-year profit drops by N1.24 bln
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Guinness Nigeria has recorded N5.48 billion as profit after tax in the 2019 financial year, the Daily Trust reported on October 23.
The company’s
...More info on site
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India: Investigation concludes AB InBev, Carlsberg and UB colluded to fix beer prices - sources
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The investigations unit of India’s Competition Commission has concluded that Anheuser-Busch InBev, Carlsberg and United Breweries colluded to fix beer prices, two people with direct knowledge told Reuters.
The Competition Commission of India (CCI) launched the investigation after AB InBev told the watchdog it had detected an industry cartel, leading in 2018 to dawn raids at the three brewers’ offices to collect evidence.
The investigation has found that 15-20 executives from the three brewers were involved in discussions of beer prices before they were submitted to Indian state regulators, thereby violating antitrust laws, said the two sources, who declined to be named as the report is not public.
“The evidence seized by the CCI during searches last year was enough to nail the culprits,” said one of the sources.
AB InBev, the world’s largest brewer, whose Indian offerings include Budweiser and Corona, told Reuters it would not be appropriate to comment at this time, but said it takes antitrust compliance “very seriously”.
Carlsberg, which sells beer under its own-name brand and also owns Tuborg, declined to comment on Friday, but has previously said it is “committed to complying” with all relevant laws.
United Breweries, which is part-owned by Heineken and known for its Kingfisher brand, said
...More info on site
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Australia: State of Victoria launches programme to support small-scale and craft beer producers
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The Government of Victoria in Australia has launched a programme to support small-scale and craft beer producers in the state to expand their business, The Drinks Insight Network reported on October 23.
Through the initiative, the government aims to encourage craft producers in the state to increase the production capacity to create employment opportunities.
The Victoria Minister for Agriculture, Jaclyn Symes, launched the A$10 mln (US$6.8 mln) Small-Scale and Craft Program during her visit to King River Brewing in Whitfield.
The launch of the programme follows the Artisanal Sector Program, whereby government provided grants to Victoria’s highly valued and diverse artisanal produce sector.
Under the programme, King River Brewing received A$5,000 (US$3,420) to enclose the brewery and install a climate control system to enable year-round manufacturing of its beers.
The brewery is engaged in the production of small-batch and preservative-free boutique beer.
It produces a wide range of beers including Kolsch, Pale Ale, Belgian Tripel and Doppelbock, as well as seasonal beers such as the Fig Porter.
Symes said: “Victoria’s small-scale and craft producers have enormous potential to take the state’s phenomenal produce to the world. We’re backing their expansions, job creation and new products.
“If you’re one of Victoria’s unique, small-scale food, craft beer or spirit producers,
...More info on site
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Japan: Kirin to launch non-alcoholic beer with Food with Functional Claim
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Kirin is preparing to launch its non-alcoholic beer with a Food with Functional Claim (FFC) label in Japan, BeverageDaily.com reported on October 24.
The beer, Kirin Karada Free, contains matured hop extract (S-Ignite) which the firm claims to help reduce abdominal fat.
Toshiaki Hyodo from the corporate communication at Kirin Holdings told NutraIngredients-Asia that there was an increasing awareness in health and moderate exercise, “and consumers are looking to obtain (health) benefits from drinking beverages.”
He said this had contributed to the share of functional beer market in Japan.
Hops extract powder is made from maturing hops, which not only reduces the bitterness, but also increases the amount of matured hop bitter acids, which are the active component for fat burn.
S-ignite works is by activating brown adipose tissue (BAT) rapidly via the sympathetic nerves. Activated BAT reduces body fat by acting as a metabolic furnace that uses the fat stored in white adipose tissue as fuel.
The firm said activated BAT is the key to continuously burning body fat, and eventually, reducing abdominal fat.
In a clinical trial conducted in 2016 by Morimoto-Kobayashi et al., 200 healthy but overweight (25≤BMI<30) Japanese males and females were recruited.
They were divided into two groups and told to consume a
...More info on site
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