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Flash Summary
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E-Malt.com Flash 46a
November 11 - November 13, 2013
Quote of the Week
"Blessed is the mother who gives birth to a brewer."
Czech saying
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Currency Rates
Base Currency: Euro
on November 13, 2013 |
Base Currency: US Dollar
on November 13, 2013 |
| |
1 EUR = 1.3409 USD
1 EUR = 0.8413 GBP
1 EUR = 1.4062 CAD
1 EUR = 1.4378 AUD
1 EUR = 133.4900 JPY
1 EUR = 3.1318 BRL
1 EUR = 44.0916 RUB
1 EUR = 8.2246 CNY
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|
1 USD = 0.7458 EUR
1 USD = 0.6274 GBP
1 USD = 1.0487 CAD
1 USD = 1.0723 AUD
1 USD = 99.5533 JPY
1 USD = 2.3355 BRL
1 USD = 32.8811 RUB
1 USD = 6.1335 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 13, 2013 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
186.00-188.00 |  0.54% |
196.00-198.00 |  |
| 6rw Barley |
175.00-177.00 | |
184.00-186.00 | |
| 2rs Malt |
378.50-380.50 | 0.33% |
390.50-392.50 | |
| 6rw Malt |
365.00-367.00 | |
375.50-377.50 | |
| Feed Barley |
169.00-171.00 |  0.58% |
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.
EU: Two German malt factories with a total capacity of 95,000 tons may be closed - report
...Click here
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Denmark & Asia: Carlsberg rumoured to be considering takeover targets in Asia
...Click here
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Denmark: Carlsberg reports increase in Q3 profit to shareholders
...Click here
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Brazil: Kirin Holdings to invest 15 bln yen in expansion next year
...Click here
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World: Barley production and consumption forecast to increase in 2013/14
...Click here
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Australia: Barley harvest activities continue briskly
...Click here
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World: A number of currently discussed Free Trade Agreements could change the world trade patterns
...Click here
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Kenya: Diageo Kenya’s CEO ponders expansion in East Africa as economic growth accelerates
...Click here
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The Philippines: San Miguel Corp. willing “to listen” to offers from investors interested in acquiring its beer unit
...Click here
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USA: MillerCoors decides to discontinue lime-flavoured Miller Chill
...Click here
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USA: Over 1 million homebrewers brew 2 million barrels annually
...Click here
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Denmark: Carlsberg appoints new Senior Vice President for Asia
...Click here
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Graph of the week
Table of the week
Asia Barley Imports, Production, Consumption, and Stocks
Barley Prices
Theoretical Malt Prices
Scientific Digest
Fruits from the Hallertau (Part 2)
ABSTRACT
As reported previously,
the new German hop varieties Polaris, Mandarina
Bavaria, Muell Melon and Hallertau Blanc were used
for different dry hopping trials. Now all the data is
compiled in a recently published article. Here are
some interesting aspects: 4 to 5 % of the alpha-acids
added with dry hopping can be traced in the final
beers. The transfer rate of total polyphenols is 50 - 60
% and about 70 % for low-molecular polyphenols.
Transfer rates of aroma components as linalool,
geraniol, 3-Methylbutyl-2-methylpropanoate and 2-
Methylbutyl-2-methylpropanoate vary between 40
up to 220 % depending on variety. Here yeast may
play in important role. While aging further increases
the content of linalool and geraniol, almost all other
aroma compenents decrease. However no correlation
between sensory results and analytical values is
apparent, other than all beers were significantly
different..
Read more
Source: Barth Innovations
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These Days in Business History
November 11
1493 Columbus discovers Saba
1925 Robert Millikan announces discovery of cosmic rays
1988 Oldest known insect fossils (390 million years) reported in Science
1993 Bill Gates buys Leonardo da Vinci's "Codex" for $30,800,000
November 12
1494 Corporate balance sheets and income statements can trace their heritage to this day, as the first edition of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni et Proportionalita is printed in Venice.
1765 Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind.
November 13
1851 Telegraph connection between London-Paris linked
1893 Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 1st modern elastic brassiere patented by Mary Phelps Jacob
Agenda
November 2013:
08-10: Somos Cerveceros 2013 (Tandil, Argentina)
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
February 2014:
02-05: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
19-22: National Winter Ales Festival 2014 (Derby, UK)
March 2014:
12-15: Brazilian Beer Festival (Blumenau, Brazil)
18-19: Food and Drink Technology Africa 2014 (Johannesburg, South Africa)
23-28: IBD Convention - Asia Pacific Section (Ho Chi Minh City, Vietnam)
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site e-malt.com
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Malt News
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EU: Two German malt factories with a total capacity of 95,000 tons may be closed - report
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There are strong rumours that two German factories with a total capacity of 95,000 tons will be closed. If true, the 2012/13 production of
...More info on site
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Brewery News
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Denmark & Asia: Carlsberg rumoured to be considering takeover targets in Asia
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Carlsberg A/S’s pursuit of faster growth in Asia may make takeover targets out of Tsingtao Brewery Co. and Beijing Yanjing Brewery Co., Bloomberg reported
...More info on site
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Denmark: Carlsberg reports increase in Q3 profit to shareholders
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Danish brewer Carlsberg A/S on November 13 reported that its third-quarter of 2013 profit attributable to shareholders rose to 2.208 billion Danish Kroner from
...More info on site
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Kenya: Diageo Kenya’s CEO ponders expansion in East Africa as economic growth accelerates
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Diageo Plc’s Kenyan unit plans to expand operations in South Sudan and other nations in East Africa to capitalize on accelerating economic growth in
...More info on site
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Brazil: Kirin Holdings to invest 15 bln yen in expansion next year
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Japan’s Kirin Holdings plans to invest next year around 15 bln yen to expand its presence in Brazil, Nikkei reported earlier this week.
The brewer
...More info on site
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The Philippines: San Miguel Corp. willing “to listen” to offers from investors interested in acquiring its beer unit
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San Miguel Corp. president and chief operating officer Ramon Ang said the conglomerate is willing “to listen” to offers from investors that are interested
...More info on site
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USA: MillerCoors decides to discontinue lime-flavoured Miller Chill
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Miller Chill, the lime-flavored beer, which was once locked in a high-profile battle with Bud Light Lime, will be discontinued next year as MillerCoors focuses on other priorities, including the upcoming launches of higher-alcohol Miller Fortune and Smith & Forge Hard Cider, AdvertisingAge reported on November 12.
"We have been very vocal about our desire to evolve our portfolio to the fast-growing and higher margin segments of the beer business…especially at the high end," spokesman Jonathan Stern said in an email, referencing brands such as Redd's, Third Shift and Leinenkugel Summer Shandy. "As part of this initiative, we are trimming low-volume and low-value SKUs and brands," including eliminating Miller Chill, he confirmed. He said the moves would be "carefully managed with our distributors and chain customers on a market-by-market basis over time to ensure we maintain shelf space and replace with higher velocity SKUs."
The brewer has already discontinued Southpaw Light, a low-profile economy brand, and it will scale back another small brand called Red Dog. "Those brands are being cut to make way for these high net revenue brands and that's a big focus next year," CEO Tom Long said on a recent earnings call.
When Miller Chill launched in 2007 it
...More info on site
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Lebanon: Beer scene changing in Lebanon
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The beer business is undergoing a renaissance as brewers increasingly take on the market leader Almaza, owned by Dutch conglomerate Heineken International. First came 961 in 2006, the brainchild of Marwan Hajjar of Gravity Brewing, which introduced a greater variety of beer to the market than commercially brewed lager. The success of 961, named after the country’s calling code, prompted Almaza to introduce a malt beer to its portfolio and, last year, Almaza Light, The Daily Star Lebanon reported on November 11.
Now there are upcoming contenders in the market, yet at opposite ends of the spectrum. One is a craft brewery producing on a microscale, while the other is entering the big leagues with a $12 million to $15 million investment in the Bekaa Valley. Both producers want to up the quality of brew on offer as well as the amount of beer being drunk.
“I consider Hajjar a pioneer of brewing in Lebanon; he likes brewing beer and has done so much for craft beer here,” said Emile Strunc, who produces his eponymous beer in Jounieh at what he calls his “nano brewery,” an 18-square-meter room with two 50-liter kettles. “We would both like to see 50 to 100 breweries
...More info on site
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USA: Over 1 million homebrewers brew 2 million barrels annually
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The American Homebrewers Association (AHA)—the not-for-profit trade association serving as a resource and community for homebrewers—released results of a first-ever nationwide homebrewer survey on November 12, a break-down of demographics, brewing habits and shopping behaviors of American homebrewers.
According to the survey, there are an estimated 1.2 million homebrewers in the United States, two-thirds of whom began brewing in 2005 or later.
"The homebrewing community is in every corner of the country and highly engaged in this hobby," said Gary Glass, director, American Homebrewers Association. "From the amount of money spent on supplies to the sheer number of homebrewers, it's clear this is a growing trend and people are incredibly interested in learning about and making their own brews at home."
Demographics: The average homebrewer is 40 years old, with most (60 percent) falling between 30 and 49 years old. The majority of homebrewers are married or in a domestic partnership (78 percent), have a college degree or some form of higher education (69 percent), and are highly affluent-nearly 60 percent of all homebrewers have household incomes of $75,000 or more.
Location: Homebrewers are fairly evenly spread across the country, with the slight plurality congregated in the West (31 percent), followed by the South
...More info on site
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Denmark: Carlsberg appoints new Senior Vice President for Asia
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Christopher Warmoth joins Carlsberg as Senior Vice President for the Asia Region and member of the Executive Committee, Wall Street Journal reports.
Christopher Warmoth (54) has been appointed Senior Vice President for the Asia region. He joins Carlsberg from H.J. Heinz where he has held various top positions in the Asia Pacific and Continental/ Eastern European regions, latest as Executive VP for the Asia-Pacific, Africa and Middle East Region. Prior to joining Heinz Chris Warmoth worked for the Coca-Cola Company and for Procter & Gamble.
Commenting on this announcement, Jorgen Buhl Rasmussen, President and CEO of the Carlsberg Group says:
"I really look forward to welcoming Chris into the Carlsberg Group, both as an Executive Committee member and as head of our Asian region. He brings a wealth of valuable experience from multinational fast moving consumer goods companies, where he has achieved impressive results centred around commercial execution. He has also led extensive change and capability programs. Since being appointed to lead Asia for Heinz in 2006, Chris has managed consistently to deliver 15% to 20% annual growth, thanks to his strong strategic and commercial abilities. I am convinced that Chris will be a great asset for
...More info on site
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Barley News
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World: Barley production and consumption forecast to increase in 2013/14
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In its latest report published earlier in November, USDA increased the forecast for global barley trade in 2013/14 to 19.26 mln tonnes, vs. 18.76
...More info on site
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Australia: Barley harvest activities continue briskly
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A small part of Australia’s barley crop had been collected as of the beginning of this month, 5-10%, and harvest activities continue briskly, already
...More info on site
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USA: Barley has become a specialty crop
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Barley has gone from being a major feed grain to a specialty food crop in the last twenty-five years. While there are still a few areas, primarily corn deficient regions, in the U.S. that utilize barley for livestock, barley’s major use is for malting. This malt makes its way into many of the cereals, crackers and baked goods and of course, the beer and other malt beverages. This shift to a higher value food crop has occurred as acreage has declined and barley’s value has increased, Farm & Ranch Guide reported on November 10 citing the American Malting Barley Association data.
The acreage decline began in 1985 when barley was seeded on 13.2 million acres. It is currently averaging (2009-2013) about 3.2 million acres. This decline has resulted in significant shifts in barley production and procurement. In the mid-1980s, the brewers, distillers and food companies using malted barley were able to select from a large pool of barley grown in the northern plains and intermountain west. Most of this barley was produced on the open market with some of irrigated acreage being contracted by end users.
As cropping patterns began to change and the fuel ethanol industry began generating millions of tons
...More info on site
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World: A number of currently discussed Free Trade Agreements could change the world trade patterns
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The European Union negotiates three Free Trade Agreements, which could change world trade patterns to some extent, industry analysts said in a note earlier
...More info on site
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