Flash Summary
Last five Flashes
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
Access to E-malt.com
Do you know E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Flash 07b February 18 - February 21, 2021
Quote of the Week
Beer is an improvement on water itself.
Grant Johnson
You are one of the
54,000 professionals of the brewing and malting industries
from
195 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 181,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 181, - Euros
Two-year individual subscription: 320, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 373, - Euros
One-year group subscription for 6-10 members: 555, - Euros
One-year group subscription for 11-20 members: 737, - Euros
One-year group subscription for 21-50 members: 983, - Euros
One-year group subscription for 51-100 members: 1229, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: Euro on February 19, 2021 |
Base Currency: US Dollar on February 19, 2021 |
|
1 EUR = 1.2066 USD
1 EUR = 0.8668 GBP
1 EUR = 1.5316 CAD
1 EUR = 1.5543 AUD
1 EUR = 127.6000 JPY
1 EUR = 6.5378 BRL
1 EUR = 89.0190 RUB
1 EUR = 7.8051 CNY
|
|
1 USD = 0.8287 EUR
1 USD = 0.7184 GBP
1 USD = 1.2694 CAD
1 USD = 1.2881 AUD
1 USD = 105.7500 JPY
1 USD = 5.4183 BRL
1 USD = 73.7762 RUB
1 USD = 6.4686 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
February 19, 2021 |
French Barley/Malt Crop 2020 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
211.00-213.00 | 0.95% |
6RW Malting Barley (FOB Creil) |
206.00-208.00 | 1.47% |
Feed Barley (FOB Creil) |
207.00-209.00 | 3.48% |
2RS Malt (FOB Antwerp) |
416.00-418.00 | 0.59% |
6RW Malt (FOB Antwerp) |
410.00-412.00 | 0.91% |
French Barley/Malt Crop 2021 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
210.00-212.00 | 0.48% |
6RW Malting Barley (FOB Creil) |
201.00-203.00 | 0.50% |
2RS Malt (FOB Antwerp) |
412.50-414.50 | 0.30% |
6RW Malt (FOB Antwerp) |
401.50-403.50 | 0.31% |
German Malting Barley Crop 2020 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
188.50-190.50 | 0.36% |
Danish Malting Barley Crop 2020 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,404.00-1,406.00 | |
Malting Barley (West) |
1,404.00-1,406.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Australia: United Malt facing export risks due to global shortage of empty shipping containers
...Click here
|
Malaysia: Carlsberg Brewery Malaysia’s net profit falls 44% last year
...Click here
|
Malaysia: Heineken Malaysia’s 2020 net profit halves to RM154 mln
...Click here
|
Australia: Asahi to target growth in Australia in lower-alcohol beer category
...Click here
|
Namibia: Beer production shoots up in December 2020
...Click here
|
World: Maltsters and brewers are warned not to wait with their barley purchases
...Click here
|
Canada: 2020-21 barley supply reaches ten-year high
...Click here
|
EU: Severe cold unlikely to have inflicted significant damage on crops
...Click here
|
Japan: Japan Spirits & Liqueurs Makers Association announces sweeping new regulations for Japanese whisky
...Click here
|
World: AB InBev signs for green credit worth $10.1 bln
...Click here
|
Ireland: No new varieties added to spring malting barley list for 2021
...Click here
|
Malaysia: Heineken Malaysia to embark on rightsizing its costs
...Click here
|
Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Aroma Stability in Dry-Hopped Beers
ABSTRACT
This question is on every brewer's mind. How stable is the hop aroma in dry-hopped beers? There are of course two ways to analyse this. You can track the aroma components with
sophisticated GC equipment or collect sensory data over a period of time or both. These Belgian researchers looked into the fate of hop aroma and fermentation compounds. They
compared levels of short chain fatty acids, esters, terpenoids and polyfunctional thiols in bottle-refermented Belgian dryhopped beers before and after 2 years of storage at 20 °C. Except ethyl isovalerate most hop odorants and fermentation esters showed degradation over the 2-year storage period: only 45% - 70% of linalool, geraniol, and ethyl hexanoate and even
less than 40% of polyfunctional thiols, ethyl isobutyrate, and 4ethyl heptanoate were detected after storage compared to initial concentrations. How the dry hopping process affects this degradation was further investigated in model media. Fermentation esters proved to be more strongly impacted in dryhopped than in non-dry-hopped beers because of hop esterase activity. In this context, bottle refermentation is a useful way
to regenerate some flavors and consume packaged oxygen, especially with selected yeast strains able to release free thiols from cysteine and glutathione precursors.
REFERENCES:
Ferreira, C., Collin, S. :Fate of Hop and Fermentation Odorants in Commercial
Belgian Dry-Hopped Beers over 2 Years of Bottle Storage: Key-Role of Oxidation and Hop Esterases, Journal of the American Society of Brewing Chemists;
https://doi.org/10.1080/03610470.2020.1843898
Source: Barth Innovations
|
These Days in Business History
18 February
1933 - 1st issue of Newsweek magazine published
1939 - Golden Gate International Exposition opens on Treasure Island
1981 - Chrysler Corporation reports largest corporate losses in U.S. history
19 February
1878 - Thomas Alva Edison patents gramophone (phonograph)
1899 - Cornelius Vanderbilt Whitney, Pan Am Airways (World airways) founder is born
1969 - 1st Test flight of Boeing 747 jumbo jet
20 February
1768 - 1st American chartered fire insurance company opens
1811 - Austria declares bankruptcy
1848 - Edward H. Harriman is born in Hempstead. By age 50 he commands the Union Pacific and Southern Pacific railways, making him one of the most powerful railroad barons in the world
21 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
1988 - Peter Kalikow purchases New York Post from Rupert Murdoch for $37.6 million
Agenda
February 2021:
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)
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:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
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 MĂĽnchen, 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)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
Malt News
|
Australia: United Malt facing export risks due to global shortage of empty shipping containers
|
A global shortage of empty shipping containers and freight restrictions, caused by the coronavirus pandemic, are undermining export earnings for some big Australian grain
...More info on site
|
Brewery News
|
Japan: Asahi reports 3% revenue decrease for 2020
|
Asahi has reported a 3% revenue decrease, its full-year 2020 results showed, Checkout.ie reported on February 15.
The Japanese beverage group said its core operating
...More info on site
|
Malaysia: Carlsberg Brewery Malaysia’s net profit falls 44% last year
|
Carlsberg Brewery Malaysia Bhd said net profit fell 45% in the fourth quarter to RM37.9 mln as Covid-19 restrictions in Malaysia and Singapore to
...More info on site
|
Malaysia: Heineken Malaysia’s 2020 net profit halves to RM154 mln
|
Heineken Malaysia Bhd posted a 40.58% decline in its net profit to RM54.17 million for the fourth financial quarter ended Dec 31, 2020 (4QFY20),
...More info on site
|
Australia: Asahi to target growth in Australia in lower-alcohol beer category
|
In its first full-year results since acquiring Carlton and United Breweries last year, Japan’s Asahi Group was bullish saying it is aiming to target
...More info on site
|
Namibia: Beer production shoots up in December 2020
|
Beer production shoot up in the month of December 2020 from the slump experienced during the lockdown months, according to the Namibia Statistics Agency (NSA).
The latest issue of the Beverage Sectoral Report that incorporated the December 2020 production figures, shows that the country's beer production jumped from 8,6 hectolitres in April to producing 146,3 hl in December.
The report tracks the hectolitres of alcoholic and non-alcoholic beverages produced in the country.
Namibia Breweries and AB InBev Namibia reached the lowest brewing figures in the last six years for the months of April and May.
According to NSA figures, in April 2020, the two breweries' combined production was 8,6 hl of beer but doubled in May, where they produced 16,9 hl.
Production climbed to 63,3hl in June 2020, and continued being under 100 hl until October.
The low production in April and May could be attributed to the ban of alcohol sales during that time to combat the spread of Covid-19.
Beer production for 2020, however, started picking up in October as it went to its usual volume of above 100 hl, and continued the upward trend in November with 126,7 hl before it reached its highest for the year in December with 146,3 hl.
Besides 2020, the
...More info on site
|
World: AB InBev signs for green credit worth $10.1 bln
|
Leuven-based brewer AB InBev, the world’s largest brewer, has signed up for a so-called green credit worth $10.1 billion (€8.3 bln), the biggest ever undertaken by a listed company in the sector, The Brussels Times reported on February 18.
The credit, officially known as a Sustainability Linked Loan Revolving Credit Facility (SLL RCF) is linked to four main areas of the company’s business: continuing to improve water efficiency in breweries globally; increasing recycled PET [plastic] content in PET primary packaging; sourcing purchased electricity from renewable sources to reach a target of 100% renewables; and reducing greenhouse gas emissions by a minimum of 25%.
The $10.1 billion is only stimulus investment, and is intended to help spur more new investment in the four areas and elsewhere.
“We are excited by the further integration of sustainable finance principles into the capital markets and welcome the opportunity to embed these practices deeper into both our finance organisation and the broader company,” said chief finance officer Fernando Tennenbaum in a statement.
“Our business is closely tied to the natural environment, and it is imperative that we continue to strengthen our leadership in addressing the increasing threats of climate change. Our business and our communities depend on it.”
The new
...More info on site
|
Malaysia: Heineken Malaysia to embark on rightsizing its costs
|
Heineken Malaysia Bhd disclosed on February 18 that it plans to embark on rightsizing its costs, as well as its organisation in line with the plans of its parent company, Heineken NV, to cut 8,000 jobs.
Heineken Malaysia’s managing director, Roland Bala, said he has announced the decision to the company’s staff and will examine every department on how the organisation could be streamlined.
He remarked that the Covid-19 pandemic is the worst-ever experience in living memory, and there is a need to think deeply on how to adapt to the new market reality as Malaysia has been severely impacted given the rotating movement restrictions imposed to curb the spread of infection.
“However, It is not just a matter of rightsizing the organisation, but we will also be looking at how to grow the business as well. In terms of identifying growth opportunities and investing in technology and digital, as the way people connect today is different from what it used to be,” Bala told the media at Heineken Malaysia’s digital press briefing.
He said the rightsizing exercise will be done in phases and it is expected to be completed by the middle of this year.
On Feb 10, Heineken NV announced that it planned
...More info on site
|
Barley News
|
World: Maltsters and brewers are warned not to wait with their barley purchases
|
Barley is a very special item this year. The club of four exporters – Argentina, Canada, France, and Ukraine - has replaced Australia for
...More info on site
|
Canada: 2020-21 barley supply reaches ten-year high
|
For 2020-21, total barley supply in Canada reached a ten-year high at 11.8 million tonnes (Mt), due to good production, despite low carry-in stocks, Agriculture and Agri-Food Canada said in its February report.
Statistics Canada (STC) reported that total exports of barley for the August-December 2020 period increased by 45% compared to the same period a year ago, including a 62% rise in raw barley grain exports and a 5% drop in barley product exports.
For the entire crop year, total exports are expected to be 3.6 Mt, 18% higher than last year and the highest level since 2008.
Total domestic use increased by 6% for the August-December 2020 period, largely due to a 6%
rise in the volume of animal feed, waste and dockage, in spite of a drop in food use and industrial
use, according to STC. For the entire crop year, total domestic use is expected to increase by 2%, driven by strong feed use. Industrial use is expected to recover to some degree, but will be lower than in 2018-19.
Carry-out stocks for the entire crop year are expected to be at a record low (at 700 thousand tonnes), due to robust exports and solid domestic feed use, despite a good
...More info on site
|
EU: Severe cold unlikely to have inflicted significant damage on crops
|
Severe cold across Europe in the past week is unlikely to have inflicted significant damage on wheat crops that had built up winter sturdiness
...More info on site
|
Ireland: No new varieties added to spring malting barley list for 2021
|
There have been no new varieties added to Ireland’s spring malting barley list for 2021, which was released on 18 February, the Irish Farmers Journal reported.
While malting barley growers may not receive a choice of variety, it is important to keep an eye on the agronomic traits to assist in management decisions throughout the season.
Gangway, Laureate and RGT Planet remain the three recommended varieties and there have been a few changes to agronomic and quality traits.
Laureate and RGT Planet are now level on relative yield scores at 101, while Gangway is at 99.
Planet remains the tallest variety, followed by Gangway and Laureate.
There have been no changes to lodging, breakdown or ripening scores. Gangway still tops the list on these traits.
No changes were recorded on disease resistance scores.
All three are promising on resistance to mildew, while Laureate and Planet have a resistance score of 8 for net blotch and Laureate tops the list on rhynchosporium and brown rust.
There has also been little change to quality characteristics. Gangway is on top for hectolitre weight, while Planet has the lowest screenings at 2%.
It’s worth noting that all protein percentages were very high and well above distilling and brewing specifications.
Planet came
...More info on site
|
Whisky News
|
World: Beam Suntory reports flat results for 2020
|
Maker’s Mark owner Beam Suntory reported stagnant net sales for 2020, despite Jim Beam surpassing 11 million cases for the first time, The Spirits
...More info on site
|
Japan: Japan Spirits & Liqueurs Makers Association announces sweeping new regulations for Japanese whisky
|
The Japan Spirits & Liqueurs Makers Association has announced a sweeping new set of industry-wide regulations aimed at curbing the spread of products labelled as ‘Japanese whisky’ that are sometimes nothing of the sort, Forbes reported on February 16.
For most of its modern history, Japanese whisky has adopted the opposite approach to the Scots. Where the latter has some of the strictest laws in the world about what is allowed to be called ‘Scotch whisky’, Japanese whiskymakers haven’t had significant regulations on the matter in place until now.
The ongoing supply crisis that has roiled the Japanese whisky industry for years meant that the lack of regulation has led to many companies cutting corners, and pushing the boundaries on what actually constitutes as ‘whisky’ produced in the country. Some tricks include importing Scotch whisky and bottling that as ‘Japanese’, or even mixing imported Scotch with Shochu (a popular spirit drink) and calling that ‘Japanese whisky’. Major Japanese whisky industry figures have previously expressed significant concern about what this means for the future of the industry, and that it might dent the confidence of consumers.
Unlike in Scotland, these new regulations aren’t legally binding but they are a strong show of force from
...More info on site
|
|