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Flash Summary
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E-Malt.com Flash 48b
November 28 - December 01, 2019
Quote of the Week
In three words I can sum up everything I've learned about life: it goes on.
Robert Frost
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Currency Rates
Base Currency: Euro
on November 29, 2019 |
Base Currency: US Dollar
on November 29, 2019 |
| |
1 EUR = 1.1007 USD
1 EUR = 0.8518 GBP
1 EUR = 1.4625 CAD
1 EUR = 1.6265 AUD
1 EUR = 120.5000 JPY
1 EUR = 4.6710 BRL
1 EUR = 70.4939 RUB
1 EUR = 7.7394 CNY
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1 USD = 0.9084 EUR
1 USD = 0.7738 GBP
1 USD = 1.3287 CAD
1 USD = 1.4776 AUD
1 USD = 109.4700 JPY
1 USD = 4.2436 BRL
1 USD = 64.0433 RUB
1 USD = 7.0312 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 29, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
158.50-160.50 |  |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | |
| Feed Barley (FOB Creil) |
160.00-162.00 |  0.63% |
| 2RS Malt (FOB Antwerp) |
349.50-351.50 | |
| 6RW Malt (FOB Antwerp) |
349.50-351.50 | |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
173.50-175.50 |  0.57% |
| 6RW Malting Barley (FOB Creil) |
168.00-170.00 | |
| 2RS Malt (FOB Antwerp) |
367.50-369.50 | 0.33% |
| 6RW Malt (FOB Antwerp) |
361.00-363.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
175.50-177.50 | 0.08% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 | 2.55% |
| Malting Barley (West) |
1,204.00-1,206.00 | 2.55% |
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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.
Slovakia: Slovak maltsters export 82% of its output
...Click here
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Thailand: ThaiBev considering IPO of its brewery business
...Click here
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Malaysia: Heineken Malaysia’s Q3 net profit soars 31%
...Click here
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World: Grains and oilseeds consumption increases but stocks are still comfortable
...Click here
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Canada & USA: Barley harvest completed with decent results in the US and weather damaged quality in Canada
...Click here
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Japan & South Korea: Japan’s beer exports to South Korea fall to virtually zero in October
...Click here
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UK: London craft breweries serving up enjoyable adventure for beer lovers
...Click here
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Graph of the week
Table of the week
Latin America Beer Production by Country 2014 - 2018(s)
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
THE BENEFITS OF CO2 EXTRACTION
ABSTRACT
The CO2 extract of hops is a well established hop product, where extraction takes place under supercritical conditions. It contains all hop compounds with brewing value, is easy to use and to store and the shelf life is exceptional. These Japanese Researchers looked into using CO2
extraction for other botanicals that can be used in brewing. Using gentle conditions (temperatures of 40 degrees Celcius), they performed supercritical CO2 extraction
of lemon peel and coriander seeds. Changing the pressure of the CO2 resulted in different yields in hydrocarbons and oxygenated sesquiterpenes. These extracts were used
in the conditioning phase of the brewing process and yielded better flavour results than using the corresponding raw material in the whirlpool. This demonstrates that CO2 extraction is a powerful technology to make flavour compounds from different kinds of aromatic raw materials
more accessible.
REFERENCES:
Inui, T et al: Development of Supercritial CO2 Extract for flavoured beer, Brewing Science 2019, Sept/Oct Vol 72, 147-156
Source: Barth Innovations
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These Days in Business History
28 November
1895 - The Chicago Times-Herald sponsors the first automobile race in U.S. history. The winner's average speed clocks in at roughly 7 mph
1946 - 1st Polaroid camera sold
29 November
1775 - Sir James Jay invents invisible ink
1877 - Thomas Edison demonstrates hand-cranked phonograph
1993 - CNN/fn, the financial network by Turner Enterprises, launched
30 November
1886 - 1st commercially successful AC electric power plant opens, Buffalo
1924 - 1st photo facsimile transmitted across Atlantic by radio (London-NYC)
1983 - Police free kidnapped beer magnate Alfred Heineken in Amsterdam
1998 - Exxon and Mobil sign a US$73.7 billion agreement to merge, thus creating ExxonMobil, the world's largest company
1999 - British Aerospace and Marconi Electronic Systems merge to form BAE Systems, Europe's largest defense contractor and the fourth largest aerospace firm in the world
2005 - First human face transplant is performed in France
01 December
1878 - 1st White House telephone installed
1910 - Continuous moving assembly line introduced by Ford (car every 2:38)
1959 - 1st color photograph of Earth from outer space
Agenda
November 2019:
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)
July 2020:
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Malt News
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EU: Malt exports drop 1% in July-October
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TAXUD shows EU malt exports of 808 thousand tonnes (grain equivalent) in July-October 2019, minus 1% for the crop year 2019/20, H. M. Gauger
...More info on site
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Slovakia: Slovak maltsters export 82% of its output
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A global power in the production of malt, Slovakia exports 82 percent of its output, making it the sixth biggest exporter in Europe and
...More info on site
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Brewery News
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Thailand: ThaiBev considering IPO of its brewery business
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Thai Beverage Pcl is considering an initial public offering of its brewery business, in what could be the biggest listing in Singapore in close
...More info on site
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Malaysia: Heineken Malaysia’s Q3 net profit soars 31%
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Heineken Malaysia Bhd’s net profit soared 31% to RM103.3 million in its third quarter ended Sept 30, 2019 against RM78.87 million in the same
...More info on site
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Japan & South Korea: Japan’s beer exports to South Korea fall to virtually zero in October
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Exports of Japanese beer to South Korea, the domestic industry’s biggest overseas market last year, fell to virtually zero in October as Korean consumers shunned products from their Asian neighbor amid a dispute over wartime history, The Japan Times reported on November 28.
Last month’s figure follows a 99 percent year-on-year plunge in beer exports in September and a 92 percent decline in August, data from Japan’s Finance Ministry showed.
Last year, South Korea was the biggest export destination for Japanese beer-makers, such as Asahi Group Holdings Ltd., Kirin Holdings Co. and Sapporo Holdings Ltd. Japan shipped beer worth ¥800.34 million ($7.3 million) to the country in October last year, according to the data from the Finance Ministry.
Boycotts of Japanese brands by South Korean consumers have hit companies in other sectors, too, including Fast Retailing Co.’s Uniqlo and carmakers, after Tokyo introduced tightened controls on exports to South Korea of certain high-tech products in July, a move Seoul saw as unwarranted and politically motivated.
The two countries reached a last-minute deal last week to rescue an expiring military intelligence-sharing pact, but it remains unclear whether the two can end a fight that has spilled over into trade, tourism and security arrangements. Relations between
...More info on site
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UK: London craft breweries serving up enjoyable adventure for beer lovers
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With more breweries in one city than anywhere else in the region, London is justifiably proud of the beer it crafts, The London Free Press reported on November 28.
Producing much more than a beverage, London’s breweries serve up an enjoyable and informative adventure for people who love a good pint – and those who haven’t discovered their affinity for beer yet.
Tastings, tours and gatherings are on tap for people looking to shake things up when going out for drinks. Local breweries are helping adults embrace the social side of responsible drinking with fun and healthy activities capped off with a beer.
London’s booming beer sector covers every preference, from craft breweries making small-batch, premium beers to Labatt Brewing Company generating beer in staggering volumes.
“Consumers now travel for an experience where they have the freedom to experiment with diverse and unique flavours and London has exactly that to offer in the beer scene. Not only do we host local craft breweries but also iconic brands in the beer realm. This plays a major factor in the uproar of brewery tours and craft beer as a whole,” says Aimy Thai, Tourism London marketing assistant.
“Each brewery in London has their own story to tell,
...More info on site
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Barley News
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World: Grains and oilseeds consumption increases but stocks are still comfortable
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World consumption of grains and oilseeds increases from year to year, stocks are reducing slowly, but supplies are still comfortable, H. M. Gauger GmbH reported at the beginning of November.
Nevertheless this year price levels recovered well from their summer lows, particularly for wheat; Mediterranean/Mideastern countries bought large quantities simultaneously and paid up to USD 25,- per ton more than a month ago.
Prices of corn and barley are around USD 10,- up since end September. Black Sea offers have dried up to an extent, that they are less competitive in world markets and give other origins, especially the EU, a better chance to sell their surpluses.
Bulls point to poor harvesting conditions in the North American plains, and poor crop outlooks in Argentina, South Africa and Australia. Bears expect the price bubble to disappear in view of sufficient supplies and increased offerings.
Politics continue to play a great part in commodity markets: the Chinese/U.S. trade negotiations, which already led to fairly large Chinese soybean purchases, the unsolved trade barriers for Canadian canola and Australian barley to China, the new government in Argentina, which will re-introduce export taxes on grains. And, finally, the Brexit has again been postponed, till 31
...More info on site
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Canada & USA: Barley harvest completed with decent results in the US and weather damaged quality in Canada
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Barley harvesting has finished in the U.S., and is coming to an end just now in the Canadian Prairies, H. M. Gauger GmbH reported earlier this month.
Weather finally cleared up to allow combining in Canada, but the damages done by incessant rain and snow storms, incl. frost temperatures, are bad. Discoloured grains, pre-germination, sprouting and even total losses are the result.
The Canadian malt industries need 1 mln tonnes, exporters have sold 5-600 thousand tonnes to China; selection of malting barley will be a major task for the industries and trade.
The U.S. reports a decent crop after all. A few hundred thousand tonnes of barley were downgraded in North Dakota; and in the end Montana and Idaho lost about 10% of their crops to winter weather.
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