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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 Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

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E-Malt.com Flash 42b
October 16 - October 19, 2014

Quote of the Week

"The roots and herbs beaten and put into new ale or beer and daily drunk, cleareth, strengthen and quicken the sight of the eyes."
Nicholas Culpeper

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Currency Rates

Base Currency: Euro
on October 17, 2014
Base Currency: US Dollar
on October 17, 2014
      1 EUR = 1.2801 USD
1 EUR = 0.7995 GBP
1 EUR = 1.4438 CAD
1 EUR = 1.4605 AUD
1 EUR = 135.7120 JPY
1 EUR = 3.1552 BRL
1 EUR = 52.2699 RUB
1 EUR = 7.8645 CNY
      1 USD = 0.7813 EUR
1 USD = 0.6246 GBP
1 USD = 1.1279 CAD
1 USD = 1.1410 AUD
1 USD = 106.0230 JPY
1 USD = 2.4648 BRL
1 USD = 40.8333 RUB
1 USD = 6.1437 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

October 17, 2014
Type Crop 2014 Crop 2015
2rs Barley 175.00-177.00 - 191.00-193.00 -
6rw Barley 156.00-158.00 - 160.00-162.00 down0.62%
2rs Malt 364.50-366.50 - 384.50-386.50 -
6rw Malt 341.00-343.00 - 346.00-348.00 down0.35%
Feed Barley 147.00-149.00- 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.

Top Industry News

Malt news EU: EU malt industry well sold owing to improved beer sales and good export ...Click here

Brewery news World: Diageo reports drop in quarterly net sales ...Click here
Brewery news Australia: SABMiller’s lager volumes down 1% in Australia in Q2 ...Click here

Barley news World: Analysts see situation of malting barley in the world as ‘explosive’ ...Click here
Barley news World: Grain and oilseed prices pushed to new lows in September ...Click here
Barley news UK: Barley production up in lucrative year ...Click here

More Industry News

Barley news Russia: Grain exports may reach record high this year ...Click here
Brewery news Canada: Molson Coors volumes will not be hit by end of partnership with SABMiller ...Click here
Brewery news Zimbabwe: Delta Corporation’s lager sales drop 25% in H1 ...Click here
Brewery news Australia: Craft beer sales up by 48% in 2011-2013 ...Click here
Brewery news Hong Kong: Local craft beers finally starting to take off ...Click here

Graph of the week

Table of the week

German Hops Acreage and Production 2010-2013

Table of the week.
Barley Prices

Theoretical Malt Prices

Scientific Digest

1.3-pentadiene in hops

Of course hops deliver beautiful flavours into beer. But once in a while something not so appealing is detected as well. These US researchers identified 1,3-pentadiene in commercial CO2 hop extract and hop pellets. The compound was initially thought to be a contaminant from either the process or packaging but has now been shown to be a naturally derived degradation product of hop acids. The researchers were also able to propose a plausible mechanism for its formation from alpha or beta hop acids that can be also transferred into beer. This substance is described as an fusel oil-like off flavor. However threshold values in beer are unknown so the impact on flavor yet has to be investigated.
Read more

Source: Barth Innovations

These Days in Business History

October 16
1922 Disney Co founded
1923 John Harwood patents self-winding watch (Switzerland)
1985 Intel introduces 32-bit 80386 microcomputer chip

October 17
1977 Mother Teresa of India, awarded Nobel Peace Prize
1987 Phillip Morris announces $11 Billion tender offer for Kraft
1929 Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young

October 18
1878 Edison makes electricity available for household usage
1972 American Congress authorizes bi-centennial quarter, half-dollar & dollar coin
1973 Nobel Prize for economy awarded to Wassily Leontief

October 19
1819 Joseph C Juglar is born, French physician/economist, Crises Commercial
1987 Wall Street takes its worst plunge of the modern era, as the Dow loses 508 points, or 22.6% (the worst daily loss on record), to close at 1738.74.
1988 Friedrich Weinreb, Polish/Neth theologist/economist, dies at 77


MaltMalt News Malt

Malt newsEU: EU malt industry well sold owing to improved beer sales and good export
The EU malt industry is well sold, except some inland maltsters in Germany and most industries in Southeast Europe, industry sources reported at the ...More info on site

BreweryBrewery News Brewery

Brewery newsWorld: Diageo reports drop in quarterly net sales
Diageo, the world’s biggest distiller, reflected the tough competition in its core whisky and vodka businesses by reporting a drop in quarterly net sales ...More info on site

Brewery newsAustralia: SABMiller’s lager volumes down 1% in Australia in Q2
According to SABMiller, the umbrella brand for brews including Foster’s, VB and Coors, lager volumes fell one percent in Australia in the second quarter.

SABMiller ...More info on site

Brewery news Canada: Molson Coors volumes will not be hit by end of partnership with SABMiller
Global brewer Molson Coors Brewing Company operates in Canada through Molson Coors Canada; in the U.S. through MillerCoors; across Europe through Molson Coors Europe; and outside these core markets through Molson Coors International.

In Canada, the company distributed beer brands under license from Heineken N.V., which sells and brews beer worldwide, and SABMiller Plc, the world's second-largest brewing company and one of the world's largest bottlers of The Coca-Cola Company.

However, last week, Molson Coors Canada and Miller Brewing Company, a subsidiary of SABMiller, mutually decided to end their partnership. The litigation arose in Toronto, Canada over the sales of Miller’s beer brands in Canada, including Millers Genuine Draft, Miller Lite and Miller High Life. SABMiller will regain the rights to distribute Miller trademark brands in Canada, effective from Apr 1, 2015. Molson Coors will still distribute beers in the U.S. through MillerCoors, which is a joint venture of Molson Coors and SABMiller.

While Molson Coors Canada ended one partnership, it expanded its marketing partnership with Heineken N.V. in Canada in August. Under the expanded deal, Molson Coors Canada will distribute five additional above-premium brands of Heineken including Dos Equis, Sol, Tecate, Birra Moretti and Desperados in the country, starting Jan 2015.

Zacks ...More info on site

Brewery newsZimbabwe: Delta Corporation’s lager sales drop 25% in H1
SABMiller's Zimbabwean affiliate Delta Corporation reported a 25 percent drop in lager sales for the six months to September on October 13, as slower ...More info on site

Brewery news Australia: Craft beer sales up by 48% in 2011-2013
Australians are continuing to turn away from beer. Sales as a proportion of all alcohol sold decreased to 41 per cent last year, compared to 75 per cent in the early sixties, News.com. au reported on October 16.

While the big players may not yet be drowning their sorrows, with craft estimated to be only about 2.5 to 3 per cent of the total Australian beer market in volume terms, sales of the boutique variety, admittedly off a low base, grew by 48 per cent in 2011-2013.

The same trend has already been witnessed in the United States, where sales were up 17.2 per cent last year as total beer sales fell two per cent.

Joel Connolly, from Sydney Craft Beer Week, says the Australian industry is in its infancy compared to the US.

A decade ago, people didn't care so much about where their beer came from, Mr Connolly says.

"It had nothing to do with the flavour of the beer. Now people are starting to switch that up and they are starting to care about quality and flavour, and how it's produced."

"Overall people are drinking less beer.

"But craft is made in a much different way to regular beer. We're definitely seeing that while ...More info on site

Brewery news Hong Kong: Local craft beers finally starting to take off
Just two years ago if you asked your neighbourhood publican for a Hong Kong brew, they most likely would have shrugged and steered you towards an import instead. Or if they had scrounged up a locally produced beer, you would probably have wished they hadn't. How the times have changed. Hong Kong is a little late to the party, but local craft beers are starting to take off.

Not only are the city's mushrooming specialist pubs proudly serving a selection of made-in-Hong Kong beers, local craft operations are producing microbrews that can stand up to the hottest labels from the US and Europe.

The leader of the pack is arguably Hong Kong Beer Company, which is coming into its own under new ownership.

Established in 1995 as the South China Brewing Company, it used to be known more for producing lacklustre brews. A name change in 2003 did nothing to improve its reputation until the brewery was sold this year to Devin Kimble and Daniel Flores, founders of Brewerkz Restaurant & Microbrewery in Singapore.

Under the pair's direction, the only thing that remained of the old company was its name. Everything else, from ingredients and equipment to labels, got an upgrade. They moved the ...More info on site

BarleyBarley News Barley

Barley newsWorld: Analysts see situation of malting barley in the world as ‘explosive’
The situation of malting barley is explosive, industry observers believe.

Weather has spoiled large parts of the North American crop and is threatening the ...More info on site

Barley newsWorld: Grain and oilseed prices pushed to new lows in September
In September, world grain and oilseed prices were pushed to new lows unseen since quite a few years, industry analysts said in a report ...More info on site

Barley newsUK: Barley production up in lucrative year
UK farmers may have chosen a - relatively - lucrative year to ramp up barley production, with premiums for malting grain historically high, and ...More info on site

Barley newsRussia: Grain exports may reach record high this year
Russian grain exports for 2014/15 may reach a record high of 32 million tonnes, according to forecasts by the socio-economic development of the Russian ...More info on site

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