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E-Malt.com Newsletter 22b May 28 - May 31, 2015
Quote of the Week
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Currency Rates
Base Currency: US Dollar on May 29, 2015 |
Base Currency: Canadian Dollar on May 29, 2015 |
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1 USD = 0.9159 EUR
1 USD = 0.6524 GBP
1 USD = 1.2465 CAD
1 USD = 1.3028 AUD
1 USD = 123.9400 JPY
1 USD = 3.1487 BRL
1 USD = 52.0041 RUB
1 USD = 6.0898 CNY
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1 CAD = 0.8021 USD
1 CAD = 0.5233 GBP
1 CAD = 0.7347 EUR
1 CAD = 1.0450 AUD
1 CAD = 99.4100 JPY
1 CAD = 2.5256 BRL
1 CAD = 41.7134 RUB
1 CAD = 4.8847 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: US beer market not such an easy one for AB InBev despite its dominant position
...Click here
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USA: Cash prices for feed and malting barley steady over the last two weeks
...Click here
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USA, MA: Indignant Brewing Company to join the Somerville's Winter Hill’s community
...Click here
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USA, MI: Liberty Street Brewing Co. to open in Livonia, Michigan
...Click here
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USA, NY: Rusty Nickel Brewing Co. debuts on May 30 in West Seneca
...Click here
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Vietnam: Sabeco expects net profit to be 8% higher than previous forecast
...Click here
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India: United Breweries reports net profit of Rs 48.13 crore for quarter ended March 31
...Click here
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Germany: Malting barley import may reach 750 thousand tonnes in 2015/16
...Click here
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South America: Barley imports seen at 1.42 mln tonnes in 2014/15
...Click here
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UK: Barley plantings this year estimated at more than 1 mln ha
...Click here
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Belgium: Number of breweries up 70% over the last five years - report
...Click here
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Russia: Draft bill banning plastic beer bottles of 1.5 litres and more to be contested by the government
...Click here
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Brazil: Senate passes bill which may increase taxes on imported beer and other imported products
...Click here
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New Zealand: Craft beer maker Moa Group cuts annual loss by 5% and boosts sales by nearly a third
...Click here
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Graph of the Week
Table of the Week
Austrian Brewing Industry
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
These Days in Business History
28 May 1783 - Benjamin Tower of Philadelphia publishes 1st daily newspaper in U.S.
1849 - Patent for lifting vessels granted to Abraham Lincoln
1863 - Georg Adler, German state economist is born
1958 - Cuban Revolution
29 May 1527 - 1527 University of Marburg (Germany) founded
1848 - William G. Young patents ice cream freezer
1933 - Patent on invisible glass installation
30 May 1872 - Mahlon Loomis patents wireless telegraphy
1928 - John Keith Wright is born, English economist/asst sect of state, 1971-84
1974 - The Airbus A300 passenger aircraft first enters service 1975 - European Space Agency, ESA, forms
31 May 1879 - 1st electric railway opens at Berlin Trades Exposition
1974 - The first money-market mutual fund with checkwriting privileges, Fidelity Daily Income Trust, opens for business
1977 - The Trans-Alaska Pipeline System completed 2000 - Lucent Technologies announces that it is buying Chromatis Networks, an optical networking company, for $4.5 billion
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 www.e-malt.com
News Articles
USA: US beer market not such an easy one for AB InBev despite its dominant position
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Anheuser-Busch InBev is the largest brewer in the world, with annual revenues of over $47 billion last year. The company’s sales are spread across
...More info on site
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USA: Cash prices for feed and malting barley steady over the last two weeks
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Cash prices for feed and malt barley remained steady over the last two weeks in the USA, with a $2.50 spread between the two
...More info on site
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USA, MA: Indignant Brewing Company to join the Somerville's Winter Hill’s community
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A new brewery, Indignant Brewing Company, is in the works in Somerville's Winter Hill, located at 328 Broadway. Indignant Brewing Company recently filed its Certificate of Organization with the state, Eater reported on May 27.
The team is "really hoping for a September opening," but there are a variety of permits that will need to be obtained first. Co-owner/head brewer Jeff Rowe has been planning Indignant for the past five years with general manager Bert Holdredge, an alumni of The Publick House as well as Moe's Tavern in Lee, MA.) "It's been an ever-evolving concept," writes Rowe on the Indignant Brewing Co.’s website, "but with the help of many, we've arrived at a concept that we couldn't be happier with; a concept we can't wait to share."
The name, he writes, "is meant as a bit of a push back at the industry and [his] experience within it," a quickly growing industry where "it's easy to think big" instead of thinking about quality. "Indignant is our promise of quality, passion, and care," he continues. "Indignant is our commitment to our patrons, that we will provide a meaningful experience. This is all more than beer for us at Indignant. It’s a way of
...More info on site
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USA, MI: Liberty Street Brewing Co. to open in Livonia, Michigan
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Liberty Street Brewing Co. is opening a new production facility in Livonia, Michigan, this year, Hometownlife.com reported on May 28.
Brewmaster Joe Walters said customers have a wider selection of beers to choose from.
"What that allows us to do is not brew them in Plymouth anymore," said Walters, a Livonia resident. "So if you go into Plymouth right now and want specialty beer, we've got five or six specialty brews.
"We used to be limited to one batch a month of the specialty brews. Now, we can brew two or three batches in a row."
With the new facility, Walters said the brewery expects to increase the number of barrels made from 400 to (1,200-1,600) in just a year.
Liberty Street Brewing is the first Michigan craft brewer to have a presence in Livonia, something that received city council’s approval late last year. It exists solely as a production facility and will not sell bottles or glasses in Livonia.
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USA, NY: Rusty Nickel Brewing Co. debuts on May 30 in West Seneca
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Rusty Nickel Brewing Co. will celebrate its grand opening on May 30 in West Seneca, Buffalo News reported on May 27.
The brewery is at 4350 Seneca St., Seneca.
Owned by Jason Havens, Scott Fiege and Dave Johnson, the brewery offers a variety of flavours and styles of beer designed and made by Johnson, the head brewer with more than 25 years of experience.
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Vietnam: Sabeco expects net profit to be 8% higher than previous forecast
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Saigon Beer Alcohol Beverage Joint Stock Corporation (Sabeco) approved a hike in its net profit target for 2015 to VND3.291 trillion (US$151.7 million), up
...More info on site
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India: United Breweries reports net profit of Rs 48.13 crore for quarter ended March 31
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Liquor firm United Breweries Ltd (UBL) on May 28 reported a standalone net profit of Rs 48.13 crore for the quarter ended March 31,
...More info on site
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Germany: Malting barley import may reach 750 thousand tonnes in 2015/16
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The acreage forecast for Germany is 347,000 ha of spring barley, of which 276,000 ha of malting varieties, H. M. Gauger GmbH reported.
The
...More info on site
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South America: Barley imports seen at 1.42 mln tonnes in 2014/15
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Recent estimates of Central and South American malting barley imports in 2014/15 are as follows, H. M. Gauger GmbH reported earlier in May:
Brazil’s barley
...More info on site
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UK: Barley plantings this year estimated at more than 1 mln ha
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Winter barley plantings in the United Kingdom are 434,000 ha, of which only 60,000 ha malting varieties, H. M. Gauger GmbH reported this month.
...More info on site
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Belgium: Number of breweries up 70% over the last five years - report
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Over the last five years, the number of breweries in Belgium increased by 70%, SPF Economie reported earlier this week.
The number of brewing companies
...More info on site
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Russia: Draft bill banning plastic beer bottles of 1.5 litres and more to be contested by the government
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A draft bill in Russia that proposes to ban plastics beer bottles of 1.5 litres or above is to be contested by the country’s government, which will instead look for a balanced solution when the parliament meets again to debate the projected law, according to local news reports.
Beer bottles made from PET packaging have a large market share in the Eastern European country, with estimates showing that more than 50 per cent of beer produced in Russia is sold in plastics packaging.
The Russian parliament has been debating the bill since 2013. In that time, local brewers have prepared for the new rules by proposing to scrap beer production in containers over 2.5-litre.
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Brazil: Senate passes bill which may increase taxes on imported beer and other imported products
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Brazil’s Senate passed a bill on May 28 that, if made law, will increase taxes on a range of imported products, videonews.us reported.
Everything from beer to perfumes will require higher taxes, ostensibly both to boost revenues and protect the domestic market.
Two import taxes are affected, which together would increase tax contributions from 9.25 percent to 11.75 percent on most products — and up to 20 percent in some cases.
Among the affected products are vehicles, including buses, vans, related machinery, automobile parts, tires and inner tubes; pharmaceutical and contraceptive products; paper; toiletries, perfumes, and hygiene products; imported beers and bottled soft drinks, including water and juices.
The bill now proceeds to President Dilma Rousseff for sanctioning.
The government said the bill is part of a package of measures to readjust the economy which has already included tax hikes in other areas, including state-administered prices such as water and electricity bills, and that it give a boost to national industry.
“Today we help complete this piece of our strategy to balance the economy,” said Finance Minister Joaquim Levy, defending the move as crucial for domestic markets and industry.
If made law, the select tax increases are expected to accrue additional revenues of $220 million (694 million
...More info on site
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New Zealand: Craft beer maker Moa Group cuts annual loss by 5% and boosts sales by nearly a third
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Moa Group, New Zealand’s listed boutique beer maker, has cut its annual loss by 5 percent and boosted sales by nearly a third in its latest financial results, BusinessDesk reported on May 28.
The Auckland-based brewer, which went public in 2012, reported a net loss of NZ$5.58 million in the year ended March 31, compared to loss of NZ$5.82 million the previous year. Revenue rose to NZ$6.1 million from NZ$4.59 million while sales volumes climbed 40 percent to 1.7 million litres, near what the company’s prospectus forecast it would achieve in the 2014 financial year
Chief executive Geoff Ross said the company remains around 12 months behind its original business plan, having initially struggled to meet sales forecasts which it blamed on its now dumped distributor, Treasury Wine Estates.
Moa overhauled its business strategy in late 2013, changing to a direct distribution model, shifting focus to the New Zealand and Australian markets, and outsourcing much of its beer production to McCashin’s Brewery in Nelson while making its higher-margin speciality brews at its Blenheim site. Ross said in hindsight it should have always had a direct sales and distribution structure and he shoulders the blame for that mistake.
Its NZ$1.25 IPO price has fallen markedly
...More info on site
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