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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


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Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




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E-Malt.com Flash 05a
February 01 - February 03, 2021

Quote of the Week

Every failure is a step to success.
William Whewell

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Currency Rates


Base Currency: Euro
on February 03, 2021
Base Currency: US Dollar
on February 03, 2021
      1 EUR = 1.2050 USD
1 EUR = 0.8815 GBP
1 EUR = 1.5442 CAD
1 EUR = 1.5833 AUD
1 EUR = 126.5200 JPY
1 EUR = 6.5080 BRL
1 EUR = 91.4513 RUB
1 EUR = 7.7808 CNY
      1 USD = 0.8298 EUR
1 USD = 0.7315 GBP
1 USD = 1.2815 CAD
1 USD = 1.3138 AUD
1 USD = 104.9900 JPY
1 USD = 5.4009 BRL
1 USD = 75.8939 RUB
1 USD = 6.4571 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


February 03, 2021
French Barley/Malt
Crop 2020
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 209.00-211.00 down0.94%
6RW Malting Barley (FOB Creil) 203.00-205.00 down0.97%
Feed Barley (FOB Creil) 204.00-206.00down0.49%
2RS Malt (FOB Antwerp) 413.50-415.50 down0.45%
6RW Malt (FOB Antwerp) 406.50-408.50 down0.46%
French Barley/Malt
Crop 2021
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 207.00-209.00 -
6RW Malting Barley (FOB Creil) 196.00-198.00 -
2RS Malt (FOB Antwerp) 409.00-411.00 -
6RW Malt (FOB Antwerp) 395.50-397.50 -
German Malting Barley
Crop 2020
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,394.00-1,396.00 down0.71%
Malting Barley (West) 1,394.00-1,396.00 down0.71%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news Germany: Beer consumption down to 1958 level ...Click here
Brewery news Russia: Beer production up by 3.3% in 2020 ...Click here
Brewery news UK: Marston’s rejects US private equity group takeover offer ...Click here
Brewery news The Czech Republic: An average Czech consumes 292 beers, 100 glasses of wine and 175 shots of hard alcohol per year ...Click here
Brewery news Kenya: East African Breweries sees 3% net sales decline in half-year ended December 2020 ...Click here

Barley news China & France & Canada: China keeps sweeping up huge volumes of French and Canadian barley ...Click here
Barley news Russia: Prime Minister approves adjustment of export tax for wheat, introduces tariffs for barley and corn ...Click here

Whisky news UK: Scotch whisky exports see £500 mln losses as a result of US tariffs ...Click here
Whisky news USA: Spirits sales rise in 2020 despite pandemic and higher tariffs ...Click here


More Industry News


Brewery news UK: Heineken acquires full ownership of London’s Brixton Brewery ...Click here
Brewery news South Africa: Brewers welcome lifting of third blanket ban on alcohol but fear for future ...Click here
Brewery news Australia: Brewers Association slams latest excise hike ...Click here

Graph of the week



Table of the week

Australia Barley Supply and Disposition


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


How much creep do I get?

ABSTRACT
Dry-hopping brewers are aware of "hop creep". Dry hop creep is a gradual reduction in beer gravity after dry-hopping in the presence of yeast due to generation of fermentable sugars from nonfermentable dextrins by hop-associated enzymes. However, it is very important for brewers to know what hop creep will do to their beer in terms of alcohol content, degree of fermentation and generation of CO2. A new paper proposes a method adapted from ASBC Method of Analysis Wort-5 whereby a benchtop, forced fermentation is performed using a consistent dosage rate for dry-hopping and assessing the apparent extract and apparent degree of fermentation after 72 hours. This approach offers brewers the potential of estimating the enzymatic power, or hop creep potential, of the hops being evaluated. The researchers discovered challenges with changing the form of yeast (dried vs wet). Results indicated that a small-scale dry-hopped forced fermentation is a promising tool for assessing the potential magnitude of hop creep in a given lot of hops, and that differences in apparent extract and/or apparent degree of fermentation of forced fermentations can be used to estimate the terminal gravity post-hop creep of full-scale fermentations.

REFERENCES:

A. Stokholm, L. N. Rubottom and T. H. Shellhammer, Evaluating a benchtop fermentation method for estimating dextrin degradation by hop diastatic enzymes during dry-hopping. Brewing Science, 73 (November/December 2020), pp. 140-148


Source: Barth Innovations

These Days in Business History


01 February
1788 - 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 - 1st volume of the Oxford English Dictionary, A-Ant, published
1898 - 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 - World trade conference Unctad 2 opens in New Delhi

02 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy after rogue trader Nick Leeson loses more than $1.4 billion on unauthorized (and apparently unsupervised) trades in Japanese stock futures

03 February
1690 - 1st paper money in America issued (colony of Mass)
1815 - World's 1st commercial cheese factory established, in Switzerland
1995 - Astronaut Eileen Collins becomes the first woman to pilot the Space Shuttle
2015 - For $15 million, the United States purchases the entire territories of Arizona, California, New Mexico, and Texas, along with parts of Colorado, Nevada, and Utah, from Mexico under the Treaty of Guadalupe Hidalgo

Agenda

February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
23 - 24: IBD Asia Pacific Convention 2021 (Online)

March 2021:
16 - 16: Beviale Mexico 2021 (Online)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
30 - 30: Beviale Mexico 2021 (Online)

April 2021:
12 - 14: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
20 - 20: EBC Symposium 2021 (Online)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)

May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 20: Beer 2021 (Sochi, Russia)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)

June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)

July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)

August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)

September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)

October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)

November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)

December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsGermany: Beer consumption down to 1958 level
According to the German Brewers’ Association, the nation’s beer consumption showed a record decline last year. On average, each German citizen consumed 88 litres ...More info on site


Brewery newsRussia: Beer production up by 3.3% in 2020
Russia’s beer production increased by 3.3% to 79.5 mln hl last year, Profibeer reported citing official Rosstat data.

Among other alcoholic beverages, cognac output dropped ...More info on site


Brewery newsUK: Marston’s rejects US private equity group takeover offer
Marston’s, the UK pub group, has rejected a £693 mln offer from the Beverly Hills-based private equity group Platinum Equity on the basis that ...More info on site


Brewery news The Czech Republic: An average Czech consumes 292 beers, 100 glasses of wine and 175 shots of hard alcohol per year
According to the Czech Statistical Office, an average Czech consumes 292 beers, 100 glasses of wine and 175 shots of hard alcohol annually. “The latest comparative study by the World Health Organization ranked us third in the world in terms of alcohol consumption per capita. According to this study, the average Czech drinks 14.4 litres of pure alcohol per year,” said Ladislav Csémy from the National Institute of Mental Health, as quoted by Brnensky Denik.

The study says that one reason for the heavy alcohol consumption in the Czech Republic is the low cost and easy accessibility of alcohol. An average Czech household spends nearly CZK 8,800 per year on beer alone. However, this works out as more of a liability than an economic boon, as the country spends over CZK 56 billion treating health problems related to alcohol consumption, such as liver cancer, mental disorders or high blood pressure.

However, help could be at hand. Researchers from the Biological Center of the Academy of Sciences in České Budějovice are working on new types of beer which would include substances that fight against harmful bacteria and cancer. In the first month of 2021, the researchers announced that by using bitter ...More info on site


Brewery newsKenya: East African Breweries sees 3% net sales decline in half-year ended December 2020
East African Breweries Limited (EABL) continues to bank on eCommerce and off-trade to drive its sales this year, after recovering from a tough first ...More info on site


Brewery news UK: Heineken acquires full ownership of London’s Brixton Brewery
Heineken has acquired full ownership of London’s Brixton Brewery, following the acquisition of a minority stake in 2017, BeverageDaily.com reported on February 2. Brixton Brewery was founded in 2013 by two local couples who met in a Brixton bar and shared a passion for the emerging London beer scene.

Starting life with one employee and mainly making deliveries on foot around Brixton Market, the 2017 investment from Heineken funded a purpose-built brewery and kept the brewery’s original railway arches site as a tap room and experimental brewery.

The company now employs 25 people, and its brand is based on the Brixton community, such as naming beers after local landmarks.

Jez Galaun, founder of Brixton Brewery, said the business has built a strong relationship with Heineken over the last three years and benefited from the Dutch multinational company’s expertise.

“When we look back over the past seven years, we honestly can’t believe how far we’ve come – from home brewing to starting a small brewery, to building a highly recognisable community-based brand, with a large new brewery and Tap Room. It makes us want to dream even bigger for the next seven.

“We will still manage the brewery and have creative control ...More info on site


Brewery news South Africa: Brewers welcome lifting of third blanket ban on alcohol but fear for future
A relieved Beer Association of South Africa (BASA) has welcomed the lifting of the third blanket ban on alcohol by President Cyril Ramaphosa in his address to the nation on February 1, but cautioned that the sector is still hamstrung by restrictions, the Independent Online reported.

This follows BASA’s multiple pleas to government for urgent intervention, in order to ensure both the survival of the industry, as well as the survival of small businesses and craft breweries, who find themselves on the brink of closure.

BASA indicated that with trading restrictions still in place, it will continue to limit the beer sector’s recovery, with there being no guarantee that craft brewers will recover.

“The President has offered small businesses a glimmer of hope - although it may be too little too late for some,” BASA said in a statement last night.

Trading may resume according to the following restrictions – the sale of alcohol for off-site consumption is to be permitted from Monday to Thursday, from 10:00 – 18:00, while micro-breweries will be allowed to sell alcohol for off-site consumption during their licensed operating hours.

Restaurants will be permitted to sell alcohol for on-site consumption from 10:00 – 22:00.

’’The situation faced by small business owners ...More info on site


Brewery news Australia: Brewers Association slams latest excise hike
Beer drinkers and the hospitality sector have been hit with higher taxes from February 1 as government excise once again increased, the Brewers Association of Australia said in an official press-release.

With the hospitality sector still battling to recover from the economic impacts of Covid-19 and many households facing real economic uncertainty, this is a terrible time for a further tax increase on beer, the Association said.

Australians already pay the fourth highest beer tax in the industrialised world and these continued increases are damaging the brewing industry and the nation’s hospitality sector.

Australians have demonstrated consistently that they understand the importance of drinking in moderation with Australian alcohol consumption now at its lowest levels since the 1970s – local drinkers have earned some relief.

Many beer drinkers will feel the impact of the tax increase, especially at a time of real cost of living pressures.

Australia’s tax regime is out of step with many other similar countries. Early last year, in response to the Covid-19 pandemic Germany deferred its beer tax from the equivalent of 13 Australian cents to zero and Britain froze its beer tax at $1.52 (AUD).

The US Federal Government also passed legislation at the end of December making permanent significant tax ...More info on site



BarleyBarley News Barley


Barley news China & France & Canada: China keeps sweeping up huge volumes of French and Canadian barley
China's buying spree of French and Canadian barley is spilling into the 2021/22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said.

China has been sweeping up huge volumes of foreign crops to help feed a pig herd being rebuilt after a disease epidemic. In barley, an 80.5% tariff slapped on Australian supplies last year, amid diplomatic tensions with Canberra, has focused demand on other suppliers, Reuters reported on February 3.

A large amount of Canada's 2021 barley crop has already been booked by Chinese buyers, traders said, with one citing at least one million tonnes.

That would be in line with at least one million tonnes of new-crop European barley thought to have been sold so far, traders said.

Some said France would supply the European volume, with one trader putting French sales at up to 2 million tonnes, although others said the sales were on an optional basis and could be sourced partly from Ukraine.

Shipment would be mainly over July-September, traders added.

Barley export premiums for this summer's French crop surged last week as traders said exporters covered some of their hefty advance sales made to China since late ...More info on site


Barley newsRussia: Prime Minister approves adjustment of export tax for wheat, introduces tariffs for barley and corn
Russia’s Prime Minister Mikhail Mishustin has signed a decree adjusting the export taxes on wheat and introducing tariffs for barley, and corn, aiming at ...More info on site



WhiskyWhisky News Whisky


Whisky newsUK: Scotch whisky exports see £500 mln losses as a result of US tariffs
Losses to Scotch whisky exports have reached £500 mln as a result of tariffs imposed by the US, according to an industry body, the ...More info on site


Whisky news USA: Spirits sales rise in 2020 despite pandemic and higher tariffs
U.S. spirits sales rose in 2020 despite the double whammy of the pandemic and tariffs. In its 2020 Economic Briefing, the Distilled Spirits Council of the United States (DISCUS) credited a combination of consumers upgrading to super-premium spirits as "affordable luxuries" as they sheltered in place and creative approaches in states and cities to support the hospitality business, the Food Dive reported on February 1.

Supplier sales of spirits rose 7.7% in 2020 to $31.2 billion, with volumes up 5.3%, according to DISCUS. Total beverage alcohol sales by volume increased 3%. Spirits were able to gain 1.3 percentage points in market share over beer and wine in 2020, commanding 39.1% of total beverage alcohol sales. This marks the 11th consecutive year of market share gains for spirits, according to DISCUS. Each point in market share represents an additional $800 million in revenue for suppliers, the group said.

This growth came despite a series of retaliatory tariffs slapped on U.S. alcohol segments, including spirits, by the European Union that were triggered by an escalating trade dispute. An early spike in off-premise consumption helped offset revenues lost from restaurant and bar closures. DISCUS applauded new legislation in 18 states that allowed to-go cocktails ...More info on site


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