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E-Malt.com Flash 46a
November 09 - November 11, 2015
Quote of the Week
Strive for continuous improvement, instead of perfection.
Kim Collins
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Currency Rates
Base Currency: Euro
on November 11, 2015 |
Base Currency: US Dollar
on November 11, 2015 |
| |
1 EUR = 1.0711 USD
1 EUR = 0.7084 GBP
1 EUR = 1.4204 CAD
1 EUR = 1.5189 AUD
1 EUR = 131.9800 JPY
1 EUR = 4.0627 BRL
1 EUR = 69.2394 RUB
1 EUR = 6.8121 CNY
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1 USD = 0.9318 EUR
1 USD = 0.6617 GBP
1 USD = 1.3270 CAD
1 USD = 1.4195 AUD
1 USD = 123.2000 JPY
1 USD = 3.7898 BRL
1 USD = 64.3908 RUB
1 USD = 6.3512 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 11, 2015 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
182.00-184.00 |  |
193.00-195.00 | |
| 6rw Barley |
162.00-164.00 | |
163.00-165.00 | |
| 2rs Malt |
374.00-376.00 | |
387.00-389.00 | |
| 6rw Malt |
349.00-351.00 | |
350.00-352.00 | |
| Feed Barley |
158.00-160.00 | |
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 formally agrees to take over SABMiller plc
...Click here
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World: Modest increase forecast for global beer production in 2015
...Click here
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World: Carlsberg forced to cut 15% of its workforce because of loss in the third quarter
...Click here
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USA: Molson Coors to take full control of MillerCoors
...Click here
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The Netherlands & Jamaica: Heineken to take full control of Jamaica’s Desnoes & Geddes brewing company
...Click here
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Turkey: Anadolu Efes reports net loss of 139.8 mln lira in Q3 2015
...Click here
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Brazil & Canada: Ambev buys the Canadian rights to beer and cider brands owned by Mark Anthony Group
...Click here
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The Philippines: San Miguel Brewery’s consolidated sales revenues up 4% in January-September
...Click here
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UK: Beer sales up in Q3 thanks to record off-trade figures
...Click here
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World: Barley offer and demand situation still somewhat clouded - analysts
...Click here
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World: World barley trade forecast for 2015/16 increased to 25.485 mln tons
...Click here
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Northern Hemisphere: Barley crops surprisingly large and good all over the Northern Hemisphere
...Click here
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Brazil: Heineken to invest more than R$1 bln in new brewery and other projects in Brazil
...Click here
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World: Number of craft breweries in the world estimated to exceed 10,000
...Click here
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Bulgaria: Molson Coors to demolish Kamenitza brewery in Plovdiv, build small craft brewery instead
...Click here
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UK & China: UK agrees on barley trade deal with China worth up to £100 million
...Click here
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New Zealand: Lower alcohol beer sales expected to keep growing
...Click here
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Brazil: Tax increase forces Ambev to close Rio Grande do Norte brewery
...Click here
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Zimbabwe: SABMiller’s Delta Corp. to cut costs after decline in six months volumes
...Click here
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Graph of the week
Table of the week
Latin America Beer Production by Country 2005 - 2014s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
About the richness of hard resins
ABSTRACT
So far hard resins are still considered to have no
brewing value. And until recently we could only
speculate what the exact components in hard resins
are. In this extensive research project this German
Research team has identified numerous components
of the epsilon-fraction of hops, which is a part of the
hard resins, by means of UV/vis, LC-TOF-MS, and
1D/2D-NMR studies as well as synthetic experiments
and sensory guided fractionation. Besides a series of
literature known xanthohumol derivatives, multifidol
glucosides, flavon-3-on glycosides, and p-coumaric
acid esters, a total of 11 bitter tastants are reported
for the first time with threshold values of 5 -
198 mol/l. These compounds were shown to add to
the total bitterness in beers. Furthermore using the
epsilon-fraction as the sole hop addition,
demonstrated the possibility to produce beverages
strongly enriched with prenylated hop flavonoids.
Read more
Source: Barth Innovations
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These Days in Business History
09 November
1731 - Benjamin Banneker, the brilliant African-American mathematician and inventor, is born on a farm in Ellicott's Mills, Md
1801 - Gail Borden, Jr. is born to Gail and Philadelphia Borden in Norwich. After a decade of constant experimentation with preserving food, Borden is awarded is awarded a U.S. patent for condensed milk in 1856
10 November
1544 - Antwerps painter John Matsys banished
1891 - Granville T. Woods patents electric railway
1951 - 1st long distance telephone call without operator assistance
1997 - – WorldCom and MCI Communications announce a $37 billion merger (the largest merger in US history at the time)
11 November
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
Agenda
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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Brewery News
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World: AB InBev formally agrees to take over SABMiller plc
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Anheuser-Busch InBev NV has formally agreed to buy SABMiller PLC for £ 71.4 billion ($107.7 billion), a deal that creates a brewing behemoth that
...More info on site
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World: Modest increase forecast for global beer production in 2015
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In 2014 1.960 bln hl beer were produced in the world, of which 33% in Asia, 30% in Europe, also 30% in the Americas,
...More info on site
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World: Carlsberg forced to cut 15% of its workforce because of loss in the third quarter
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Carlsberg plans to cut 15 per cent of its workforce after recording a loss in the third quarter based on writedowns of Russia brands
...More info on site
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USA: Molson Coors to take full control of MillerCoors
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Denver-based Molson Coors Brewing Co. announced on November 11 that it has an agreement with Anheuser-Busch InBev to purchase the 58 percent of the
...More info on site
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The Netherlands & Jamaica: Heineken to take full control of Jamaica’s Desnoes & Geddes brewing company
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Dutch beer giant Heineken announced late on November 6 it was moving to buy up all outstanding shares of Jamaican brewer Desnoes & Geddes
...More info on site
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Turkey: Anadolu Efes reports net loss of 139.8 mln lira in Q3 2015
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Turkish brewer Anadolu Efes had a net loss of 139.8 million lira ($49 million) in the third quarter, compared with a net profit of
...More info on site
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Brazil & Canada: Ambev buys the Canadian rights to beer and cider brands owned by Mark Anthony Group
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Ambev SA, the Brazilian unit of Belgium's Anheuser-Busch InBev SA, said on November 10 it agreed to buy the Canadian rights to beer and
...More info on site
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The Philippines: San Miguel Brewery’s consolidated sales revenues up 4% in January-September
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Diversified conglomerate San Miguel Corporation (SMC) reported on November 9 that its consolidated net income, excluding the effects of mostly unrealized forex losses, grew
...More info on site
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UK: Beer sales up in Q3 thanks to record off-trade figures
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Record off-trade figures have pushed beer sales back into growth, according to the latest quarterly figures from the British Beer & Pub Association.
Over all,
...More info on site
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Brazil: Heineken to invest more than R$1 bln in new brewery and other projects in Brazil
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Heineken has made public its expansion plans for the Brazilian market, Revista América Economia reported on November 9.
The company intends to invest more than
...More info on site
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World: Number of craft breweries in the world estimated to exceed 10,000
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There are more than 10,000 craft breweries in the world, more than 4,000 of them in the U.S., a 20 percent increase from last
...More info on site
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Bulgaria: Molson Coors to demolish Kamenitza brewery in Plovdiv, build small craft brewery instead
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The Kamenitza brewery in the Bulgarian city of Plovdiv will be demolished as the production will be relocated at the site of Astika brewery
...More info on site
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New Zealand: Lower alcohol beer sales expected to keep growing
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Lower alcohol beer sales are expected to reach record numbers this summer in New Zealand, thanks to changing consumer habits, tougher drink driving laws and new products, New Zealand Herald reported on November 8.
DB Breweries managing director Andy Routley said lower alcohol or light beer made up around 24 per cent of total beer sales in Australian supermarkets compared with around 5 per cent in New Zealand, however this had risen from just 1 per cent two years ago.
With a growing range of light beers available, Routley said the category would continue to grow.
"It's a very interesting development in how New Zealand consumes beer and it is definitely going to continue," Routley said.
"Whether it gets to the 23 or 24 per cent mark like in Australia remains to be seen - these things do take time but it is heading that way," he said.
Following the introduction of new legislation last December, which dropped the legal blood alcohol limit from 80mg to 50mg per millilitre of blood, light beer sales almost doubled.
It is now the second fastest growth category behind craft beer.
A recent survey by Hospitality New Zealand showed around 80 per cent of hospitality venues reported a drop in sales
...More info on site
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Brazil: Tax increase forces Ambev to close Rio Grande do Norte brewery
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Brazil’s No. 1 beer maker Ambev announced on November 6 it will be closing its brewery in Natal, Rio Grande do Norte, Isto E Dinheiro reported.
According to the company, the decision was caused by a 29% increase in the local ICMS taxes on beer and an 18% increase in the ICMS taxes on soft drinks.
Imposto Sobre Operações Relativas à Circulação de Mercadorias e Serviços de Transporte Interestadual de Intermunicipal e de Comunicações is a value-added tax on sales and services and applies to the movement of goods, transportation and communication services, and to the supplying of any goods.
In an official release, Ambev said the operations will be shut up gradually by the end of this year. 300 jobs are expected to be lost at the plant and the closure will affect an estimated 15 thousand jobs in related industries.
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Zimbabwe: SABMiller’s Delta Corp. to cut costs after decline in six months volumes
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SABMiller's Zimbabwean affiliate Delta Corp plans to cut costs and reduce the price of some products after reporting a decline in beer and soft drink sales, the company said on November 11.
Delta, which is 38 percent owned by SABMiller, reported lager beer volumes fell 2 percent in the six months to September while volumes of the cheaper sorghum beer and soft drinks declined 10 and 15 percent respectively.
SABMiller received a $100 billion-plus takeover offer from the world biggest brewer Anheuser-Busch InBev on November 11. AB InBev is hoping SABMiller will give it a foothold in growing African markets.
Delta, which has already cut the price of lager beer, plans to reduce the price of soft drinks after sales were hit by competition from cheaper imports and weaker demand, chief executive Pearson Govero said.
The company's total revenue for the period decreased 8 percent to $269 million. Profit fell to $36 million, down from $45 million last year.
Govero said power cuts, water shortages, higher taxes and a stronger dollar made it difficult for Delta to compete with imports from Zambia and South Africa.
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Barley News
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World: Barley offer and demand situation still somewhat clouded - analysts
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The IGC barley crop estimate for the world was raised once more from 141 to 145 mln tons in October.
According to H. M.
...More info on site
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World: World barley trade forecast for 2015/16 increased to 25.485 mln tons
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USDA in its November report increased slightly the forecast for the world barley trade in 2015/16 – to 25.485 mln tons from 25.258 mln
...More info on site
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Northern Hemisphere: Barley crops surprisingly large and good all over the Northern Hemisphere
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In spite of widespread drought conditions in spring and summer, barley crops were surprisingly large and good all over the northern half of the
...More info on site
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UK & China: UK agrees on barley trade deal with China worth up to £100 million
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Growing demand for beer in China has led to a British barley trade deal worth up to £100 million for UK farmers, Environment Secretary
...More info on site
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