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Flash Summary
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E-Malt.com Flash 41b
October 08 - October 11, 2015
Quote of the Week
Beer will always have a definite role in the diet of an individual and can be considered a cog in the wheel of nutritional foods.
Bruce Carlton
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Currency Rates
Base Currency: Euro
on October 09, 2015 |
Base Currency: US Dollar
on October 09, 2015 |
| |
1 EUR = 1.1254 USD
1 EUR = 0.7366 GBP
1 EUR = 1.4683 CAD
1 EUR = 1.5664 AUD
1 EUR = 134.9200 JPY
1 EUR = 4.3574 BRL
1 EUR = 70.3052 RUB
1 EUR = 7.1507 CNY
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|
1 USD = 0.8875 EUR
1 USD = 0.6528 GBP
1 USD = 1.3045 CAD
1 USD = 1.3884 AUD
1 USD = 119.8800 JPY
1 USD = 3.8596 BRL
1 USD = 62.1569 RUB
1 USD = 6.3427 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 09, 2015 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
182.00-184.00 |  0.54% |
194.00-196.00 |  0.52% |
| 6rw Barley |
160.00-162.00 |  |
165.00-167.00 | 0.60% |
| 2rs Malt |
373.00-375.00 | 0.33% |
388.00-390.00 | 0.32% |
| 6rw Malt |
346.00-348.00 | |
352.50-354.50 | 0.35% |
| Feed Barley |
154.00-156.00 | |
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.
World: AB InBev ‘surprised’ by SABMiller’s determination of the latest rejected takeover bid
...Click here
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World: SABMiller doubles pledge to cut costs in current financial year
...Click here
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Japan: Asahi’s January-September beer shipments down 2%
...Click here
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Chile: CCU announces preliminary third quarter sales variations
...Click here
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UK: Barley and wheat usage for brewing, malting, distilling lower in the first two months of 2015-16 MY
...Click here
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World: Colombia’s Santo Domingo family seen as centre of SABMiller’s efforts to get a better deal with AB InBev
...Click here
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Canada: Labatt Breweries buying Toronto-based craft brewer Mill Street
...Click here
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Jamaica: Red Stripe boss expects no immediate shifts in Diageo brands production after Diageo-Heineken deal
...Click here
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South Sudan: SABMiller forced to cut production, fire more than half the workforce at South Sudan unit
...Click here
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Israel: Craft brewing trend conquers Israeli market
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Possible character impact compounds in the hop varieties Citra®, Centennial and Nelson Sauvin
ABSTRACT
To find this was the goal of this US research team. Using AEDA and GC-Olfactometry they found myrcene and alpha-pinene to have the highest FD (Flavour Dilution) Factor in the nonpolar fraction, hence to be of importance. In the polar fraction they found geraniol and linalool but also isovaleric acid and vanillin plus a sulfur component to have the highest FD factors. The sulfur component was identified as S-methyl methanethiosulfonate. The latter compound still needs to be confirmed. Even with this identification, the uniqueness of these three hop varieties cannot be explained.
Read more
Source: Barth Innovations
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These Days in Business History
08 October
1846 - George Westinghouse, Jr., is born in Central Bridge, N.Y. He later invents the Westinghouse air brake, making train travel
1869 - J Frank Duryea was born, inventor of 1st auto built & operated in USA
2003 - Arnold Schwarzenegger is elected the governor of California
09 October
1930 - 1st synthetic detergent, "Dreft" by Procter & Gamble, goes on sale
1946 - 1st electric blanket manufactured; sold for $39.50
1979 - 1st consumer use of home banking by computer (Knoxville Tn)
10 October
1993 - Paolo Gucci, entrepreneur/accessories designer, dies at 64
1995 - Robert E. Lucas awarded Nobel Prize in economics
2006 - Google buys YouTube.com for $1.6 billion
11 October
1617 - Franchois Vranck, economist/writer (Deduction), dies at about 62
1844 - Henry John Heinz is born. He founded prepared-foods company, 57 varieties
1868 - Thomas Edison patents his 1st invention: electric voice machine
1887 - A. Miles patents elevator
Agenda
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
February 2016:
05-07: Alltech Craft Brews & Food Fair 2016 (Dublin, Ireland)
06-07: Bruges Beer Festival 2016 (Bruges, Belgium)
17-20: Camra's National Winter Ales Festival 2016 (Derby, UK)
19-21: Mondial de la Biere 2016 (Mulhouse, France)
20-23: Beer Attraction 2016 (Rimini, Italy)
March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (UK)
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
August 2016:
09-13: The Great British Beer Festival 2016 (London, UK)
13-17: World Brewing Congress 2016 (Denver, USA)
More events are available on site e-malt.com
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Malt News
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UK: Barley and wheat usage for brewing, malting, distilling lower in the first two months of 2015-16 MY
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United Kingdom’s brewers, maltsters and distillers used 147 thousand tonnes of barley in August 2015, down 10% on August 2014, Defra reported on October
...More info on site
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Brewery News
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World: AB InBev ‘surprised’ by SABMiller’s determination of the latest rejected takeover bid
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Anheuser-Busch InBev stepped up public pressure on October 8, a day after SABMiller’s board rejected an offer from its brewing rival, The New York
...More info on site
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World: SABMiller doubles pledge to cut costs in current financial year
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SABMiller Plc doubled a pledge to cut costs as it seeks to rally shareholders around its rebuttal of Anheuser-Busch InBev NV, the larger rival
...More info on site
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Japan: Asahi’s January-September beer shipments down 2%
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Japan’s Asahi Group said earlier this month its total beer sales in January-September this year declined by 2% versus the same period in 2014.
Shipments
...More info on site
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Chile: CCU announces preliminary third quarter sales variations
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Chile’s leading beer maker, CCU, announced on October 7 its preliminary third-quarter sales variations.
The company said its total beverages sales increased by 5.1% in
...More info on site
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World: Colombia’s Santo Domingo family seen as centre of SABMiller’s efforts to get a better deal with AB InBev
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At the centre of SABMiller PLC’s efforts to get a better deal in Anheuser-Busch InBev NV’s takeover bid is a family whose brinkmanship at
...More info on site
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Canada: Labatt Breweries buying Toronto-based craft brewer Mill Street
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Canadian beer giant Labatt Breweries is buying Toronto-based Mill Street Brewery for an undisclosed amount as it looks to gain a bigger stake in the burgeoning craft beer market, The Canadian Press reported on October 9.
The acquisition of the privately held Mill Street brand will help Labatt expand the craft label into new markets, including Quebec, executives told The Canadian Press on October 9 ahead of an official announcement.
“We think that this partnership will really help expand awareness of craft across the country,” said Charlie Angelakos, vice president of corporate affairs at Labatt.
“The folks of Mill Street have built a great business and we want to continue to help them foster that growth.”
Labatt will also invest $10 million into the company’s brewery operations.
“Many craft brewers in Ontario are experiencing this huge surge just to keep up with demand,” said Mill Street co-founder Steve Abrams.
“This immediate infusion of capital will assist us in getting tanks and more equipment.”
The popularity of craft breweries has been on the rise across Canada in recent years.
According to recent findings from data research company NPD Group, the consumption of beer declined by six per cent in 2014, but craft beer servings were up seven per cent.
Overall,
...More info on site
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Jamaica: Red Stripe boss expects no immediate shifts in Diageo brands production after Diageo-Heineken deal
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Red Stripe Jamaica boss, Cedric Blair, says he expects no shifts in production for the Diageo brands produced locally under the deal in which Heineken NV has bought the assets and brand of the favoured Jamaican beer for US$421 million, but cannot speak to what will happen in other markets, The Jamaica Gleaner reported on October 8.
Heineken has bought Diageo's shares in Desnoes & Geddes Limited, the corporate vehicle for Red Stripe, and has also bought other Diageo's brewing stakes in other markets, in an overall US$781 million deal.
Diageo has sold its 57.9 per cent stake in D&G to the Dutch company. Heineken previously owned a 15.5 per cent stake in the Jamaican company, so it now controls 73.3 per cent.
Pressed on the intended positioning of the lines held by Diageo, Blair said he doesn't know just yet what will transpire.
"Heineken is the No. 3 beer company in the world so we expect a lot of continuity. I wouldn't see any impact to production whatsoever in terms of the brands that we produce and sell in Jamaica. I would expect that to continue," Blair said.
But regarding production in the international markets, "I wouldn't be able to answer to that. I
...More info on site
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South Sudan: SABMiller forced to cut production, fire more than half the workforce at South Sudan unit
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SABMiller Plc has cut production and fired more than half the workforce at its South Sudan unit as a lack of foreign currency and the soaring cost of beer holds back investment and stifles demand.
The world’s second-biggest beer maker has failed to make a profit in South Sudan since opening the East African country’s first brewery in 2009, according to Carlos Gomes, managing director of the unit, South Sudan Beverages Ltd. The company has cut 250 jobs in the past two months and reduced output of local beers such as White Bull to 15 percent of June volumes, he said.
SABMiller, a takeover target for larger competitor Anheuser-Busch InBev NV, has “invested $94 million in various packages and is not willing any more to put in money when there are no dividends,” Gomes said in an interview in Juba, the capital, on Oct. 2. The London-based brewer hasn’t “got a single cent in return since we started operations,” he was quoted as saying in a report by Bloomberg on October 9.
South Sudan’s economy, which relies on oil for almost all exports, will probably contract by 7.5 percent this year as crude production falls after almost two years of civil war that
...More info on site
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Israel: Craft brewing trend conquers Israeli market
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With 53 microbreweries established in the past decade, the fast-growing trend of boutique breweries creating small batches of craft beers is currently exploding on the Israeli scene. Israeli craft beer enthusiasts have entered into a “golden age” in which experimentation, innovation and quality have come together to create some of the region’s most sought-after brews.
Doug Greener, author of the comprehensive beer blog Israel Brews and Views, shared a bit about his knowledge of Israeli microbreweries with Breaking Israel News. He explained that the sudden eruption of craft breweries in Israel is due to many factors, but above all, it results from the desire to experiment and create beers that can rival the award-winning wines for which the country has become famous in the last thirty years.
“People got tired of drinking beer that was undistinguished. In a country where classy wine and classy restaurants have become the norm, and are winning awards, it was very difficult for people to ignore beer. So craft beer started up and started becoming classy,” explained Greener.
Evyatar Cohen, Owner of Kos Shel Bracha, a high-quality wine and beer store in Jerusalem, shared his thoughts with Breaking Israel News about the budding industry.
“People are trying new things
...More info on site
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