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Flash Summary
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E-Malt.com Flash 19a
May 04 - May 06, 2015
Quote of the Week
''A good compromise is one where everybody makes a contribution.''
Angela Merkel
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Currency Rates
Base Currency: Euro
on May 06, 2015 |
Base Currency: US Dollar
on May 06, 2015 |
| |
1 EUR = 1.1117 USD
1 EUR = 0.7350 GBP
1 EUR = 1.3440 CAD
1 EUR = 1.4119 AUD
1 EUR = 133.9200 JPY
1 EUR = 3.4318 BRL
1 EUR = 57.4093 RUB
1 EUR = 6.8950 CNY
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1 USD = 0.8970 EUR
1 USD = 0.6604 GBP
1 USD = 1.2085 CAD
1 USD = 1.2677 AUD
1 USD = 120.1000 JPY
1 USD = 3.0748 BRL
1 USD = 51.1224 RUB
1 USD = 6.0886 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 06, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
172.00-174.00 |  0.57% |
191.00-193.00 |  |
| 6rw Barley |
169.00-171.00 | 0.58% |
176.00-178.00 | |
| 2rs Malt |
365.00-367.00 | 0.18% |
384.50-386.50 | |
| 6rw Malt |
361.00-363.00 | 0.18% |
366.00-368.00 | |
| Feed Barley |
166.00-168.00 | 1.18% |
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: AB InBev reports 6.2% first-quarter revenue growth
...Click here
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EU: Beer market value reaches US$131.46 bln in 2014 - report
...Click here
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China: Tsingtao Brewery’s Q1 net profit drops 11.05%
...Click here
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Canada: Beer is still Canada’s preferred alcoholic drink
...Click here
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Australia: Alcohol consumption the lowest in the last 50 years
...Click here
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USA: Barley prices remain steady despite increase in acreage
...Click here
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Denmark & Greece: Carlsberg subsidiary and Olympic Brewery merger approved by Greek authorities
...Click here
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Fiji: Coca-Cola Amatil opens extended brewery in Fiji
...Click here
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Brazil: Beer taxes to increase by around 10% this month
...Click here
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Brazil & Colombia: Ambev acquires Colombian craft brewery
...Click here
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World: AB InBev shareholders approve Olivier Goudet as new chairman
...Click here
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Angola: Chinese Bela beer winning over Luanda’s consumers
...Click here
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USA: MillerCoors sued for selling Blue Moon as craft beer
...Click here
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Ireland: Ireland’s craft brewers to launch new trademark for consumers to be able to distinguish locally brewed products
...Click here
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Graph of the week
Table of the week
Europe Malt Imports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
04 May
1626 - Indians sell Manhattan Island for $24 in cloth and buttons
1878 - Phonograph shown for 1st time at Grand Opera House
1959 - The 1st Grammy Awards are held
1979 - The first modern leveraged buyout using high-yield junk bonds -- a $381 million deal to take Houdaille Industries private -- is completed by Kohlberg, Kravis, Roberts & Co
05 May
1715 - French manufacturer debuts 1st folding umbrella (Paris)
1921 - Miniature newspaper published (Brighton Gazette 10 x 13 cm)
1949 - Council of Europe forms
06 May
1851 - San Francisco Chamber of Commerce starts
1889 - Universal Exposition opens in Paris, Eiffel Tower completed
1927 - Academy of Motion Picture Arts and Sciences forms
1997 - The Bank of England is given independence from political control, the most significant change in the bank's 300-year history
Agenda
May 2015:
06-08: bevtec Asia 2015 (Bangkok, Thailand)
07-23: The Czech Beer Festival 2015 (Prague, the Czech Republic)
18-20: Beer (Pivo) 2015 (Sochi, Russia)
24-28: EBC 2015 (Porto, Portugal)
26-28: Alimentaria Mexico 2015 (Mexico City, Mexico)
28-30: Copenhagen Beer Festival 2015 (Copenhagen, Denmark)
28-31: Latvia Beer Fest 2015 (Riga, Latvia)
June 2015:
10-14: Mondial de la Biere 2015 (Montreal, Canada)
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
09-12: Artbeerfest 2015 (Caminha, Portugal)
15-17: Brasil Brau 2015 (Sao Paulo, Brazil)
August 2015:
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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World: AB InBev reports 6.2% first-quarter revenue growth
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Anheuser-Busch InBev NV, the world’s biggest brewer, reported on May 6 first-quarter revenue growth that topped analysts’ estimates as sales of more expensive beers
...More info on site
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EU: Beer market value reaches US$131.46 bln in 2014 - report
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A new research report published by Transparency Market Research on the beer market in Europe (EU-28) states that the market in this region had
...More info on site
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China: Tsingtao Brewery’s Q1 net profit drops 11.05%
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Chinese beer brewer Tsingtao Brewery Co. Ltd. said last week its first-quarter net profit dropped 11.05% on year to 521.0 million Chinese yuan (US$84.1
...More info on site
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Brazil: Ambev’s net revenue up 14.5% in Q1 2015
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Ambev S.A. announced on May 6 its results for the 2015 first quarter.
The company said its net revenues increased 14.5% in the 1Q15,
...More info on site
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Canada: Beer is still Canada’s preferred alcoholic drink
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Beer is still the alcoholic drink of choice in Canada as C$8.7 billion worth of beer was sold in 2014, KelownaNow reported on May
...More info on site
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Australia: Alcohol consumption the lowest in the last 50 years
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Australians are drinking less alcohol than at any time in the last 50 years, according to the Australian Bureau of Statistics (ABS).
And beer drinking
...More info on site
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Denmark & Greece: Carlsberg subsidiary and Olympic Brewery merger approved by Greek authorities
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On 18 November 2014, the Carlsberg Group announced the merger in Greece between its subsidiary Mythos and Olympic Brewery.
As the necessary approvals have now been obtained, the merger has been completed, the Danish brewing giant said on April 29.
Carlsberg agreed to take over Greece's third-largest brewer, Olympic Brewery, on November 18. The combined group will have a market share of around 29 percent, the Danish brewer said. That puts it behind only Dutch rival Heineken.
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Fiji: Coca-Cola Amatil opens extended brewery in Fiji
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Coca-Cola Amatil has opened its expanded brewery in Suva as part of an aggressive export push for its Fijian beer and rum brands, NBR reported on April 30.
CC Amatil’s managing director for alcohol and coffee, Shane Richardson, said the company’s loss-making beer division would break even this year.
Earnings have fallen short of target since the company began brewing again after a two-year break.
It has reinvested in the industry, joining with its partner Casella Family Wines to launch Yenda Pale Ale as part of a push into the craft beer market.
CC Amatil has also invested $A11 million on the Suva brewery, operated by Paradise Beverages. The expansion has doubled its annual capacity to five million cases of beer.
Mr Richardson says there is a huge opportunity to export Vonu Pure Lager as well as Bounty Rum.
“We believe Vonu has enormous potential,” he says. “It’s a great beer from the Pacific and we are doing more work on the positioning and look of the brand.
“We plan to take that to the wider market with the key markets being Asia, Europe, the Americas and Australia. If you look at other Fiji brands, they have had some very strong success, especially in the American market
...More info on site
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Brazil: Beer taxes to increase by around 10% this month
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Brazil’s taxes on beverages – soda, beer, energy drinks, and sports drinks – will increase by an average 10% this month, Portugal Digital reported on May 2.
According to the Federal Revenue Service, it is now up to the producers to decide whether the increase in taxes will be reflected in consumers’ prices.
The new decree also established the definition of specialty beer in Brazil. The brewers of such type of products will pay a lower tax, the Brazilian authorities said.
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Brazil & Colombia: Ambev acquires Colombian craft brewery
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Brazil’s brewing giant Ambev has agreed to acquire a Colombian craft beer maker, Bogotá Beer Company, R7 Noticias reported on May 4.
The company did
...More info on site
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World: AB InBev shareholders approve Olivier Goudet as new chairman
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Anheuser-Busch InBev NV said on April 29 shareholders approved Olivier Goudet as chairman, bringing an end to the leadership of Kees Storm whose term on the board expired, Nasdaq reports.
Mr. Goudet, an independent board member, will serve as chairman for four years. He is the current chief executive of JAB Holding Company, LLC, which has a majority stake in Coty, Inc., Peet's Coffee & Tea and Einstein Noah Restaurant Group. A French citizen, he previously served as the chief financial officer of Mars, Inc. and played a role in the company's $23 billion acquisition of Wm. Wrigley Jr. Co. in 2008.
Proxy adviser Institutional Shareholder Services Inc. recommended shareholders vote for Mr. Goudet's re-election as a board member and chairman because he was an independent nominee who would only be elected for four years.
In addition to approving Mr. Goudet's chairmanship, shareholders approved Michele Burns and Kasper Rorsted as new independent directors. They replaced Mr. Storm and outgoing board member Mark Winkelman.
Ms. Burns previously served as chairman and chief executive of Mercer LLC, a global consulting firm. She succeeds Mr. Goudet as chair of the audit committee.
Mr. Rorsted is chief executive of Henkel Corp., the consumer goods company that owns brands like
...More info on site
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Angola: Chinese Bela beer winning over Luanda’s consumers
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Bela beer, a brand new beer brewed by the China Investment Fund (CIF) Luanda Brewery LTD, is emerging in all shopping centres in Luanda and adding a new flavor for local beer consumers, Xinhua reported on May 2.
"I love Bela, the beer seems light but very tasty", said 45- year-old Sebastio Junior, who was taking a 12-bottle pack of Bela from the shelters of the Jumbo shopping mall in southern Luanda, "I called my friends to join me for Bela to mark the labor day as we are having a day off."
Bela beer, a product from the newly established beer plant in Luanda with an investment of 180 million U.S. dollars from the China International Fund has been in trial operation since September 2014, and now its products are on sale in all major shopping malls in Luanda, Geneal Manager of the plant Buhe Bater said.
"We were determined to produce the best beer in Angola and Africa as a whole", said Bater in an interview with Xinhua.
Bater's beer was produced under the brand of Bela, including canned, bottled or fresh beer, and he said his plant planned to sell Bela to all of Angola's 18 provinces, as the plant was
...More info on site
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Ireland: Ireland’s craft brewers to launch new trademark for consumers to be able to distinguish locally brewed products
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Ireland’s small craft breweries are to launch a new trademark, claiming larger companies are "cashing in" on the growing demand for local beers by branding imported beers as Irish, Irish Independent reported on May 5.
The Association of Craft Breweries of Ireland (ACBI) said it was worried by the increasing number of mass-produced beers being "passed off" as Irish craft beers, despite being brewed abroad.
There are now more than 50 micro-breweries in the country producing hundreds of different beers in a market growing by 18pc a year.
Gráinne Walsh of the ACBI, said there was confusion in the market. Members of the organisation produce less than 30,000 hectolitres of beer each year, with most producing substantially less than that.
"People love what we offer and while the market is still small, it is growing all the time," said Ms Walsh, who runs the Metalman Brewing Co in Tycor, Waterford.
"The problem is that beer has been dumbed-down and mass produced and everything has been about the price.
"There are also beers appearing with Irish-sounding names, but they are usually produced in the UK and shipped in. So we're getting together and we'll come up with a branding which distinguishes what we do from what the
...More info on site
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USA: MillerCoors sued for selling Blue Moon as craft beer
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A California craft beer drinker has filed a class action lawsuit against MillerCoors, claiming that Blue Moon's parent company tricked him into thinking the mass-produced wheat ale is a craft beer. Evan Parent, the plaintiff leading the suit, brought the case forward on behalf of all Blue Moon buyers in California and says the premium price tag, placement among other craft beers, and labels and advertisements with slogans like "artfully crafted" falsely portrays the beer as a hand-crafted, independently-owned product, reported Men’s Journal.
Parent points to the definition of a craft brewer, set by the craft beer trade group, the Brewer's Association. It states that a craft brewer must be small (less than 6 million barrels, which MillerCoors exceeds), independent (not owned by a non-craft brewery or business), and traditional (using traditional and innovative ingredients).
MillerCoors may not seem to fit that model, but federal government doesn't technically have a definition for craft breweries, says Danielle Teagarden, a lawyer at the Seattle-based Reiser Legal that specializes in the brewing industry. "Craft is just what the consumer thinks it is. I wouldn't think Boston Beer is craft; how big does a brewery have to be?"
Playing to Parent's favour, however, are California's consumer
...More info on site
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Tunisia: SFBT launches Tunisia’s first dark beer
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Tunisian brewer SFBT announced on April 30 the launch of the nation’s first dark beer.
Stella Black will become available across the country as from May. The beer’s alcohol content is 6.3% and it will be sold in 24 cl bottles.
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Barley News
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USA: Barley prices remain steady despite increase in acreage
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Despite a bump in acres seeded to barley in the US this year, prices have remained steady due to the short supply of malting
...More info on site
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