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Flash Summary
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E-Malt.com Flash 37a
September 09 - September 11, 2013
Quote of the Week
"A fine beer may be judged with only one sip, but it's better to be thoroughly sure."
Czech proverb
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Currency Rates
Base Currency: Euro
on September 11, 2013 |
Base Currency: US Dollar
on September 11, 2013 |
| |
1 EUR = 1.3258 USD
1 EUR = 0.8440 GBP
1 EUR = 1.3737 CAD
1 EUR = 1.4298 AUD
1 EUR = 132.5730 JPY
1 EUR = 3.0239 BRL
1 EUR = 43.8798 RUB
1 EUR = 8.1700 CNY
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1 USD = 0.7543 EUR
1 USD = 0.6366 GBP
1 USD = 1.0362 CAD
1 USD = 1.0785 AUD
1 USD = 99.9999 JPY
1 USD = 2.2808 BRL
1 USD = 33.0974 RUB
1 USD = 6.1624 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 11, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
188.00-190.00 |  0.53% |
| 6rw Barley |
175.00-177.00 | 0.56% |
| 2rs Malt |
380.50-382.50 | 0.32% |
| 6rw Malt |
364.50-366.50 | 0.34% |
| Feed Barley |
162.00-164.00 |  0.62% |
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: EU, Argentina, Australia, USA report higher malt exports in 2012/13
...Click here
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UK: On-trade beer sales down in the 12 weeks to 13 July
...Click here
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Brazil: Beer output this year not expected to grow as in the years before
...Click here
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Vietnam: Global brewers expanding business in Vietnam
...Click here
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South Africa: SABMiller and Diageo clash over traditional beer
...Click here
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World: Malting barley premiums over feed down all around the world
...Click here
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USA: Indications of a good barley harvest this fall make prices slid lower
...Click here
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France: Interest shown mostly in spring barley of crop 2014
...Click here
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UK: Brewers, distillers and maltsters use record amounts of barley and wheat for the month of July
...Click here
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World: HGCA provides update on barley harvest progress in the Northern Hemisphere
...Click here
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France: Beer consumption at home down 16.5% in H1 2013
...Click here
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UK: Analysts study the export markets potential for barley as domestic supplies are expected to be in surplus this year
...Click here
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Mexico: Craft brewers popping up in Mexico but many distribution channels remain closed for them
...Click here
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UK: Hop growers benefiting from rise in craft brewing at home and abroad
...Click here
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USA: Boston Beer Company founder becomes the first craft beer billionaire
...Click here
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Graph of the week
Table of the week
UK Unroasted Malt Exports 1995 - 2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Hops as a regulator for the red coloration of beer
ABSTRACT
For a change, let's go back in history for a little bit. In the early Middle Ages, beer brewers in certain German regions converted from "red beer technology" to "white beer technology (Weissbiertechnologie)". But what does this mean? Though today "Weissbier" means the same as "Weizenbeer" (wheat beer) "Weiss" in this context
is not derived from "weizen" but probably relates to the color of the beers in the old days. But why "red beer technology"? To look into this question German Researchers used black barley from Syria (used in Bronze Age Brewing) for brewing trials. These beers, if unhopped, exhibited a distinctive red hue. However if the wort was hopped the finished beer was not red but pale! And, having said this with reference to the Middle Ages, may the description of this colour change relate to the
advent of the collective use of hops in brewing? This poses the intriguing question of whether individual hop fractions suppress red coloration stemming from barley. Taking the different hop fractions for brewing trials (alpha-acids, beta acids, polyphenols, oils, lipids) and possible mechanisms for colour development, the isoalpha acids were found to be the responsible fraction that inhibits the red colour development. Wouldn't it be nice to share these insights with our brewing colleagues of the middle age? This project was supported with a Barth Haas Grant!
Read more
Source: Barth Innovations
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These Days in Business History
September 09
1776 Continental Congress renames "United Colonies," "United States"
1822 Napoleon J K P Bonaparte is born, French prince/member National Convention
September 10
1845 King Willem II opens Amsterdam Stock exchange
1894 Londens taxi driver George Smith is 1st fined for drunk driving
1997 Discovery buys Travel Channel for $20 million
September 11
1910 1st commercially successful electric bus line opens (Hollywood)
1946 1st mobile long-distance car-to-car telephone conversation
2001 terrorist attack on America at the World Trade Center Towers in New York City and The Pentagon in Washington kill nearely 3000 people
Agenda
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)
12-15: Mondial de la Biere (Mulhouse, France)
16-20: Drinktec 2013 (Munich, Germany)
21/09-06/10: Oktoberfest (Munich, Germany)
26-27: New World Malt Barley and Brewers Conference (Toronto, Canada)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10-01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
November 2013:
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
More events are available on site e-malt.com
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Malt News
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World: EU, Argentina, Australia, USA report higher malt exports in 2012/13
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The IGC reports the following malt export figures for the crop year of 2012/13 (in grain equivalent):
Argentina is reported to have shipped 710 thousand
...More info on site
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UK: Brewers, distillers and maltsters use record amounts of barley and wheat for the month of July
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The first set of usage data for the 2013/14 season was published by Defra on September 5.
The UK’s brewers, distillers and maltsters (BDMs) used the biggest amount of barley for the month of July on records dating back to July 1991, as they used 156 thousand tonnes of the cereal in July 2013.
Maltsters used 13% more barley compared to the same time last year at 150 thousand tonnes while brewers and distillers used 28% more.
Overall wheat usage by the sector was also a July record at 58 thousand tonnes.
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Brewery News
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UK: On-trade beer sales down in the 12 weeks to 13 July
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On-trade beer sales fell 7% by volume in the 12 weeks to 13 July, but the decline by value was less steep at 2%,
...More info on site
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Brazil: Beer output this year not expected to grow as in the years before
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Brazil’s beer output will not grow this year by the same rates as before because of higher raw materials prices, unfavourable dollar exchange rates,
...More info on site
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Vietnam: Global brewers expanding business in Vietnam
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Swallowing up the existing domestic manufacturers proves to be the best for foreign investors to expand their business in Vietnam, VietnamNet reported on September
...More info on site
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South Africa: SABMiller and Diageo clash over traditional beer
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The fight for the umqombothi market (beer made from maize, maize malt, sorghum malt, yeast and water) turned dirty this week as Daigeo's sorghum
...More info on site
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France: Beer consumption at home down 16.5% in H1 2013
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Sales of beer destined for consumption at home declined by 16.5% in the first half of 2013, according to data by Brasseurs de France.
The
...More info on site
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Mexico: Craft brewers popping up in Mexico but many distribution channels remain closed for them
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Pablo Flores has big dreams for his tiny craft brewery, which produces smooth golden and brown ales in bottles with dandy labels.
“We’d like to be all across the republic, in every state,” Flores says.
But for now, his brewery, Cerveceria Albur, has a more mundane challenge – getting a spot on the menus of restaurants and a place on supermarket shelves in Monterrey, northern Mexico’s industrial hub, Miami Herald reported on September 9.
Dozens of small craft brewers are popping up in Mexican cities with flashy bottles and catchy names like Atomica, Border Psycho and Primus. Together, however, they have less than 1 percent – 0.64 percent to be precise – of the market. That’s because two behemoths control 98 percent of the beer consumed in Mexico, employing tactics that lock out most newcomers.
As Mexico tries to bust open some of the monopolies and concentrated economic power that stifle its economy, attention has focused on the conglomerates that control television and fixed-line and cellular telephones. Yet beer is another area that has been sharply restricted for decades. The market only now is opening slightly, serving as a litmus test for whether anti-monopoly regulators under President Enrique Pena Nieto will act more aggressively.
...More info on site
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USA: Boston Beer Company founder becomes the first craft beer billionaire
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Jim Koch, the 64-year-old co-founder of Boston Beer Company, has a lot of reasons to raise a bottle of one of his trademark Samuel Adams Boston Lager's in a toast this week. Specifically, one billion reasons, The Huffington Post reported on September 10.
On Monday, September 9 the Bloomberg Billionaires Index estimated Koch's net worth above a billion dollars for the first time, making Koch the first person to make a billion dollars off craft beer.
Koch's ascension to the billionaire club is partially a testament to the continuing strength of the craft beer industry. American sales of craft beer have grown at least 10 percent a year for each of the past seven years, according to the Brewers Association. But it's also a testament to the particular success of Koch and his co-founders. Since founding Boston Beer Co. in 1984, they've expanded their beer variety, production capacity and distribution network relentlessly, showing that brewing high-quality beer can be a good business model if done right.
Although Boston Beer Co. is by no means the most acclaimed craft brewery in the country, it's on track to sell more than 3 million barrels of beer in 2013, about 1.2 percent of the country's total
...More info on site
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Barley News
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World: Malting barley premiums over feed down all around the world
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Malting barley premiums had been stable in the range of EUR 40.- to 50.- per ton for a long time. In the wake of
...More info on site
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USA: Indications of a good barley harvest this fall make prices slid lower
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With indications of a good barley harvest this fall and the continued weakening of the corn market, both feed and malting barley cash prices
...More info on site
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France: Interest shown mostly in spring barley of crop 2014
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France’s malting barley are predominantly calm, but a small interest is registered for spring barley of crop 2014, La Depeche reported on September 10.
Although
...More info on site
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World: HGCA provides update on barley harvest progress in the Northern Hemisphere
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HGCA posted on September 3 an update on the harvest progress in the Northern Hemisphere.
As at 8 September 2013, 89% of barley was harvested in the US.
In France, soft wheat and spring barley harvest was complete by August 26.
In the UK, as at 3 September, the harvest of sinter barley area was complete and 70% of spring barley area was complete
In Canada, the state of Alberta as at August 27 harvested 14.4% of its barley area.
As at August 8, winter barley harvest was almost complete in the Czech Republic with a small improvement in yields compared to the five year average; 25% of spring barley had been harvested.
As at August 5, Spain harvested 90% of total barley area.
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UK: Analysts study the export markets potential for barley as domestic supplies are expected to be in surplus this year
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The AHDB/HGCA planting and variety survey revealed a record UK area of spring barley had been planted by farmers. A total of 922 thousand
...More info on site
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Hops News
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UK: Hop growers benefiting from rise in craft brewing at home and abroad
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British hops growers are benefiting from the rise in craft brewing at home and abroad, British Hop Association chair and hop grower Ali Capper was quoted as saying by Horticulture Week on September 9.
"Overall beer sales are flat or in decline, but that's at the commodity, price-driven end of the market, but the niche, craft end has seen exponential growth," she said.
"Then there are export opportunities to places like the US, where British hops tick the boxes."
But she added that this year's crop "is a little thin" as plants failed to put on lateral growth during the warm dry summer, following a late start to the growing season. "But the important thing is the
quality is there."
Britain's centre for hop breeding is well ahead of its competitors in other countries where hop production is much more significant, putting UK hop growing on a sound footing for the future, breeder Dr Peter Darby said in an interview on August 30.
"We are unique in the world in that we take just as much care over the male parent - and that's where most of the interesting characteristics have come from," he said.
Most significant of these has been dwarfing, allowing "hedgerow" growing formats.
...More info on site
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