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Flash Summary
Last five Flashes
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E-Malt.com Flash 21a
May 20 - May 22, 2013
Quote of the Week
"Knowledge is power only if man knows what facts not to bother with."
Robert Staughton Lynd
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Currency Rates
Base Currency: Euro
on May 22, 2013 |
Base Currency: US Dollar
on May 22, 2013 |
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1 EUR = 1.2886 USD
1 EUR = 0.8478 GBP
1 EUR = 1.3228 CAD
1 EUR = 1.3151 AUD
1 EUR = 132.1460 JPY
1 EUR = 2.6316 BRL
1 EUR = 40.2822 RUB
1 EUR = 7.9781 CNY
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1 USD = 0.7761 EUR
1 USD = 0.6579 GBP
1 USD = 1.0266 CAD
1 USD = 1.0206 AUD
1 USD = 102.5560 JPY
1 USD = 2.0422 BRL
1 USD = 31.2609 RUB
1 USD = 6.1914 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 22, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
205.00-207.00 |  0.96% |
216.00-218.00 | 0.91% |
| 6rw Barley |
202.00-204.00 | 0.49% |
207.00-209.00 | 0.48% |
| 2rs Malt |
405.50-407.50 | 0.60% |
415.00-417.00 | 0.59% |
| 6rw Malt |
402.00-404.00 | 0.30% |
404.00-406.00 | 0.30% |
| Feed Barley |
186.00-188.00 | 0.53% |
nq | |
Note: Just click
here
and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.
World: Beer category’s global brand value up 36% in the BrandZ™ Top 100 Most Valuable Global Brands 2013 report
...Click here
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China: Beer industry and beer brands values continue to expand in 2013
...Click here
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India: SABMiller plans investments in Indian arm to expand capacity and portfolio
...Click here
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Denmark & China: Carlsberg facing increasing competition in the south-west of China
...Click here
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World: Malting barley situation looks a bit precarious - analysts
...Click here
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Canada: Barley exports forecast to decline both in 2012-13 and 2013-14
...Click here
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World: Old grain crop prices supported by tight stocks in northern hemisphere and poor logistics in South America
...Click here
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Ukraine: Obolon Corporation reports 16.2% drop in beer output in Q1 2013
...Click here
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France: Malting barley of crop 2012 offered at a discount to clear warehouses for new crop
...Click here
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USA: Craft beer sector seen as serious threat to Molson Coors profitability
...Click here
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USA: Exports of US made craft beers expand across the world
...Click here
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Kenya: Heineken not to launch female-oriented Radler beer in Kenya
...Click here
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Canada: Guinness Black Lager Beer launched in Canada
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
Different Phenolic Compounds Activate Distinct Human Bitter Taste Receptors
ABSTRACT
In 2009, German researchers found that the responsible sensory bitter receptors for alpha, iso-alpha acids and beta acids are the receptors hTAS2R1, hTAS2R14 and hTAS2R40, reacting with the different bitter acids. Another German team of researchers were also able to determine the bitter receptors reacting with different plant polyphenols, namely the receptors hTAS2R4, hTAS2R5, hTAS2R7, hTAS2R39. With this they also discovered that some of the individual thresholds of the polyphenolic substances are extremely low. So maybe there are very bitter polyphenolic substances also in beer we have not discovered so far.
Read more
Source: Barth Innovations
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These Days in Business History
May 20
1806 John Stuart Mill is born, UK, philosopher/political economist/Utilitarian
1875 International Bureau of Weights and Measures forms by treaty
1892 Charles Brady King invents pneumatic hammer
May 21
1570 1st atlas, with 70 maps, published
1761 1st life insurance policy in U.S., issued in Philadelphia
1929 Automatic electric stock quotation board installed, New York City
May 22
1785 Benjamin Franklin announces his invention of bifocals
1900 Associated Press News Service forms in New York
1918 King Oil/Shell refinery on Curacao officially opens
Agenda
May 2013:
16-01 June: The Czech Beer Festival 2013 (Prague, the Czech Republic)
22-25: Pivo (Beer) 2013 (Sochi, Russia)
23-25: Copenhagen Beer Festival 2013 (Copenhagen, Denmark)
24-26: The Annual International Beer Festival Latviabeerfest 2013 (Riga, Latvia)
26-30: European Brewery Convention 2013 (Luxembourg)
29-02 June: Mondial de la Biere (Montreal, Canada)
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
16-20: Drinktec 2013 (Munich, Germany)
21-06 October: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30-01 November: The Latin American Barley Congress(Bahia Blanca, Argentina)
More events are available on site e-malt.com
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Brewery News
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World: Beer category’s global brand value up 36% in the BrandZ™ Top 100 Most Valuable Global Brands 2013 report
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The brand value of beer increased 36 percent, the greatest rise of any category in the BrandZ™ Top 100 Most Valuable Global Brands 2013
...More info on site
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China: Beer industry and beer brands values continue to expand in 2013
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The Chinese beer industry continues to experience rapid expansion in both output and consumption, says the annual WPP BrandZ™ Top 50 Most Valuable Chinese
...More info on site
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India: SABMiller plans investments in Indian arm to expand capacity and portfolio
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SABMiller, the world's second-largest brewer after AB InBev, plans to invest 440 crore in its unlisted Indian arm to expand capacity and its portfolio,
...More info on site
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Denmark & China: Carlsberg facing increasing competition in the south-west of China
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Danish multinational brewer Carlsberg, which once held a solid market share in the south-western Chinese province of Yunnan, is facing tough competition from new
...More info on site
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Ukraine: Obolon Corporation reports 16.2% drop in beer output in Q1 2013
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Obolon Corporation, one of the largest breweries in Ukraine, in January-March 2013 produced 1.05 million hl of beer for the Ukrainian market, which is
...More info on site
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USA: Craft beer sector seen as serious threat to Molson Coors profitability
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Big beer is in trouble. For decades, Amercians were content to drink watered-down beer so long as it was a brand they recognized. However, more and more Americans are starting to care what their alcoholic beverages taste like, thus giving rise to the domestic craft beer industry and lowering sales of past American favorites like Anheuser-Busch InBev NV's Budweiser, Insider Monkey reported on May, 22.
Although the craft beer industry poses a major threat to its business, Molson Coors Brewing Company is likely to thrive despite competitive pressures.
The company is the second-largest North American brewer, with operations concentrated in mature markets. As a result of its relative lack of explosive growth, the company has developed an efficient distribution system and economies of scale. This has allowed Molson Coors Brewing Company to earn double-digit operating margins in each of the last six years.
One reason investors have shied away from the stock is due to the controlling stakes of the Molson Coors Brewing Company families. However, closely-held companies often focus on creating long-term shareholder value rather than pursuing strategies that boost the stock price only temporarily; as a result, capital allocation will likely be in the best interest of long-term shareholders.
Molson Coors faces
...More info on site
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USA: Exports of US made craft beers expand across the world
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American-made craft beer is entering its heyday in America - dozens of other countries might be buying that same craft beer, too, US News reported on May, 17.
The Brewers Association tells that American craft beer export volumes climbed by an incredible 72 percent in 2012 over the previous year. U.S.-made craft beer – from breweries such as Boston Brewing Company, DC Brau, or New Belgium Brewing that produce fewer than 6 mln barrels of beer a year – is today on store shelves in countries like Sweden and Canada. Sweden has embraced light lager alternatives to the domestic beers from Spendrups and Carlsberg that have dominated their shelves for years, while Canada has fallen in love with America's hoppy beers.
Much of the credit can go to the Department of Agriculture, which through its Market Access Program has given the Brewers Association an average of $400,000 annually for the past four years to help get its craft beers abroad.
"What we do with that money is we try to establish a relationship," says Bob Pease, chief operating officer of the Brewers Association.
Agriculture Department spokeswoman Sally Klusaritz says market access funds were also used to familiarize importers in countries including Germany, Taiwan and
...More info on site
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Kenya: Heineken not to launch female-oriented Radler beer in Kenya
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Heineken will not be launching its sweeter, low-alcohol Radler beer in Kenya. It will instead focus on its flagship brand to grow local market share, Business Daily reported on May, 21.
The Dutch brewer, which set up in Kenya in 2011, says it will use Heineken beer brand to reduce the dominance of East Africa Breweries Limited (EABL), especially in the premium category.
The firm is wooing female African drinkers with Radler, a beer made from malt and lemon, to grow market share in a continent dominated by rivals SAB Miller and Diageo — which has majority shares in EABL.
“Radler is not and will not be launched in Kenya,” said the brewer’s general manager East Africa, Koen Morshuis, in an e-mail interview. “Within the East African market Heineken is only focusing on its flagship brand Heineken.”
East African market is increasingly becoming a battle zone between SABMiller and Diageo as both firm’s race to grow their regional footprint.
The number three global brewer, Heineken, has been a late entrant into the region after opening the regional headquarters in Nairobi in 2011.
The headquarters is in charge of marketing while distribution is handled by Maxam Ltd, which is associated with businessman Ngugi Kiuna who has
...More info on site
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Canada: Guinness Black Lager Beer launched in Canada
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Canadian beer drinkers no longer have to wait 119.5 seconds for the perfect pint of GUINNESS Draught Stout. In stores now, GUINNESS Black Lager Beer promises all of the character that GUINNESS beer drinkers have come to love, but with a refreshing new taste available instantly with the pop of a bottle cap. The new GUINNESS Black Lager combines the roasted barley flavour that GUINNESS Draught is famous for with a crisp new approach and marks an exciting new addition to the over 250 year old GUINNESS family of beers, Sacramento Bee reported on May, 21.
"With GUINNESS Black Lager we really wanted to build on all the elements that people love about the GUINNESS brand. We take immense pride in the quality of our product and ensured that we built on the GUINNESS brewing legacy when creating this distinctive and refreshing lager. I have no doubt that GUINNESS and lager fans alike will enjoy this unique tasting new lager," said GUINNESS Master Brewer Fergal Murray.
"It's not every day that a company with over 250 years of experience brewing the world's finest stout introduces a new beer, and we are excited to be bringing GUINNESS Black Lager to Canada," said
...More info on site
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Barley News
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World: Malting barley situation looks a bit precarious - analysts
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The IGC forecasts a world barley production of 138 mln tons vs. 130 mln last year. It has, of course, not yet taken into
...More info on site
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Canada: Barley exports forecast to decline both in 2012-13 and 2013-14
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For 2012-13, Canada’s barley exports are forecast to increase 12% to 2.3 mln tonnes, due to an increase of feed barley exports especially to
...More info on site
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World: Old grain crop prices supported by tight stocks in northern hemisphere and poor logistics in South America
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Almost all futures and physical markets in the world show a great inverse from old to new crop grains, except U.S. wheat and, surprisingly,
...More info on site
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France: Malting barley of crop 2012 offered at a discount to clear warehouses for new crop
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Sellers of French spring malting barley have started to offer the commodity at discount prices in order to clear their warehouses before the new crop comes in, however, the market is not at its most active, La Depeche reported on May,21.
There are still very few first-hand sellers of new 2013 crop present on the market of malting barley.
Feed barley markets are reported to be calm, with a significant offer at lower prices.
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