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Flash Summary
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E-Malt.com Flash 41b
October 13 - October 16, 2016
Quote of the Week
Of beer, an enthusiast has said that it could never be bad, but that some brands might be better than others.
A.A. Milne
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Currency Rates
Base Currency: Euro
on October 14, 2016 |
Base Currency: US Dollar
on October 14, 2016 |
| |
1 EUR = 1.1038 USD
1 EUR = 0.9043 GBP
1 EUR = 1.4620 CAD
1 EUR = 1.4604 AUD
1 EUR = 114.4900 JPY
1 EUR = 3.5337 BRL
1 EUR = 69.7255 RUB
1 EUR = 7.4261 CNY
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1 USD = 0.9070 EUR
1 USD = 0.8196 GBP
1 USD = 1.3255 CAD
1 USD = 1.3249 AUD
1 USD = 103.8400 JPY
1 USD = 3.1985 BRL
1 USD = 63.3465 RUB
1 USD = 6.7249 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 14, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
179.50-181.50 |  0.55% |
| 6RW Malting Barley (FOB Creil) |
166.00-168.00 | 0.60% |
| 2RS Malt (FOB Antwerp) |
375.00-377.00 | 0.33% |
| 6RW Malt (FOB Antwerp) |
358.50-360.50 | 0.34% |
| Feed Barley (FOB Creil) |
131.00-133.00 |  0.76% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
166.00-168.00 |  |
| 2RS Malt (FOB Antwerp) |
382.50-384.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
357.50-359.50 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
| EUR/T |
% |
| Average Malting Barley Price |
171.00-173.00 | 0.64% |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,149.00-1,151.00 | |
| Malting Barley (West) |
1,149.00-1,151.00 | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,189.00-1,191.00 | |
| Malting Barley (West) |
1,189.00-1,191.00 | |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Germany and US achieve beer sales increase in August this year
...Click here
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South America: Craft beer conquering South American markets
...Click here
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World: Large crops in Russia, Ukraine, Canada, and Australia can’t quite compensate for smaller barley output in the EU and South America
...Click here
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EU: Barley harvest finished with crop down 2.5 mln tonnes this year
...Click here
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Australia: Private estimates put Australia’s barley crop at up to 10.5 mln tonnes this year
...Click here
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Australia: Carlton & United Breweries can officially claim its status as Australia’s number one brewer
...Click here
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Colombia: For Colombians AB InBev’s takeover of SABMiller means more beer choice
...Click here
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Latvia: Uzavas Alus brewery to increase production capacity by a third next year
...Click here
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Graph of the week
Table of the week
Czech Hops Area and Production 2013-2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW DOES THE TEMPERATURE AND
HOP AMOUNT INFLUENCE FLAVOUR
EXTRACTION DURING DRY HOPPING?
ABSTRACT
This was one of the questions that was looked into
when our Barth team conducted these small-scale dry
hopping experiments. Applying the temperatures 0°C,
13°C and 20°C with inline GC-measurements of 14
hop aroma components, it was found that for most of
the components a higher temperature results in higher
concentrations in the beer. However the extraction
yield is different for alcohols compared to terpenes and
other compounds. It was also observed that a six-fold
higher concentration of hops yielded, in general, higher
extraction values which are on average only 1-3 times
higher. This may be due to a saturation limit.
Hinz, S.: Influence of time, temperature and hop oil content on aroma extraction during dry hopping.
Read more
Source: Barth Innovations
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These Days in Business History
13 October
1884 - Greenwich established as universal time meridian of longitude
1971 - Intel Corp. goes public on NASDAQ
1987 - Walter H Brattain, U.S. physicist (transistors, Nobel 1956), dies at 85
14 October
1773 - The first recorded Ministry of Education, the Commission of National Education, is formed in the Polish-Lithuanian Commonwealth
1888 - Louis Le Prince films first motion picture: Roundhay Garden Scene
15 October
1878 - Edison Electric Light Company incorporated
1908 - John Kenneth Galbraith is born, economist, Affluent Society-58 Hillman Award
1993 - Amstel brewery on Curacao produces 1,000,000,000th bottle
16 October
1922 - Disney Co founded
1923 - John Harwood patents self-winding watch (Switzerland)
1985 - Intel introduces 32-bit 80386 microcomputer chip
Agenda
October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
08-10: Brouwplus 2016 (Antwerp, Belgium)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
February 2017:
01-03: Finest Spirits 2017 (Munich, Germany)
04-05: Bruges Beer Festival 2017 (Bruges, Belgium)
10-12: Brau Kunst Live 2017 (Munich, Germany)
10-13: HoReCa 2017 (Athens, Greece)
17-19: Mondial de la Biere 2017 (Mulhouse, France)
18-21: Beer Attraction 2017 (Rimini, Italy)
22-25: CAMRA's National Winter Ales Festival 2017 (Norwich, UK)
23-25: Alltech Craft Brews & Food Fair 2017 (Dublin, Ireland)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
16-18: BeerX 2017 (Sheffield, UK)
24-26: Barcelona Beer Festival 2017 (Barcelona, Spain)
April 2017:
07-08: Helsinki Beer Festival 2017 (Helsinki , Finland)
10-13: Craft Brewers Conference & BrewExpo America 2017 (Washington, D.C., USA)
12-14: Siberian Beer 2017 (Novosibirsk, Russia)
22-23: Zythos Beer Festival 2017 (Leuven, Belgium)
May 2017:
14-18: EBC 2017 (Ljubljana, Slovenia)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
More events are available on site e-malt.com
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Brewery News
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World: Germany and US achieve beer sales increase in August this year
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Germany reported a 6.9% increase in August beer sales, improving the Jan-August figure to plus 0.3%, H. M. Gauger GmbH said in their October
...More info on site
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Brazil: Brewers pushing back against tax overhaul
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Brazilian beverage producers, including groups that represent Ambev SA, Heineken NV and Coca-Cola Co., are pushing back against a tax overhaul they say will open up the industry to fraud and put their trade secrets at risk, ESM reported on October 14.
The government’s plan is to ask companies to self-report the quantity of ingredients they receive and the volumes they produce. That would replace the current use of machines to track how much soda or beer is being made - an expensive method that was meant to cut down on tax fraud but has ultimately been deemed overkill.
Changing the system will cut costs and make better use of revenue generated from state and federal taxes, which combined average about 44 percent for beer, the government says.
But the switch comes at a difficult time for Ambev, Brazil’s top-selling brewer, which is controlled by multinational giant AB InBev SA. To adopt the new system, companies will have to disrupt production at the end of this year, at the peak of summer in the southern hemisphere, according to the manufacturer of the current machines. And Ambev is still working to recover from a sales slowdown that hurt its first-half results.
The beer giants are
...More info on site
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South America: Craft beer conquering South American markets
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Think of Latin American alcohol and you are likely to think of wine and spirits.
Mexico has its tequila, Cuba has rum, Brazilians drink caipirinhas and in Peru they make pisco. In Chile and Argentina, the tipple of choice is often a cabernet sauvignon or a malbec.
You are less likely to think of craft beer.
But slowly, surely, the beer revolution that is so well established in northern Europe and North America is starting to trickle southwards, BBC reported on October 14.
Across Latin America, small breweries are opening up, offering alternatives to the mass-produced brands of lagers.
These emerging microbreweries account for only a tiny fraction of overall beer sales, but that fraction is expanding quickly.
"Sales of craft beer in Latin America are growing at between 20% and 40% a year, depending on which country you're in," says Daniel Trivelli, president of Copa Cervezas de America, one of the region's biggest craft beer contests.
"Here in Chile, sales are growing at 25% and craft beers have around 2% of the overall beer market. We have around 250 craft beer breweries here, producing around 1,500 different beers."
Traditionally, Latin Americans have tended to drink light low-alcohol lagers, in part due to the hot climate across much
...More info on site
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Australia: Carlton & United Breweries can officially claim its status as Australia’s number one brewer
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Carlton & United Breweries can officially claim its status as Australia’s number one brewer, Anheuser-Busch InBev has declared, having taken control of the company on October 10.
AB InBev also sought to clarify that Jan Craps, Zone President Asia Pacific South, will have a dual role as Chief Executive Officer of CUB, its Australian business unit.
CUB’s newly appointed president Peter Filipovic is effectively second-in-command, with responsibility for commercial delivery of the division.
Filipovic is one of 13 business unit presidents comprising the Asia Pacific South Zone Management Committee – abbreviated by AB InBev to ‘Zone ManCom’.
All 13 of these executives report directly to Craps. The zone leadership team also includes ‘functional leaders’, most of whom are responsible for leading business functions across the entire zone.
Among their number is newly appointed VP Marketing Richard Oppy, whose role AB InBev said “will initially be focused on delivery for Australia and sharing best practice across the zone – this will be broadened to include full zone responsibility in time”.
Craps said the zone leadership team is made up almost equally of AB InBev and SABMiller colleagues.
“This diversity of background, nationality and experience from many different regions will deliver a truly ‘best of both’ approach and allow
...More info on site
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Colombia: For Colombians AB InBev’s takeover of SABMiller means more beer choice
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One of the most anticipated corporate mergers in recent history was sealed last week when Anheuser-Busch InBev (AB InBev) acquired SABMiller. The Anglo-South African SABMiller purchased Colombia’s Bavaria from the family-owned Santo Domingo Group back in 2005 as part of this international group’s expansion into South America. Bavaria is South America’s No. 2 brewer with 99% market shares in Colombia and Peru, The City Paper Bogota reported on October 14.
As of Oct 10, the news of the third largest ever take-over became official and Bavaria, as well as the niche Bogotá Beer Company became part of the Belgium-based InBev and world’s largest beer company. For Colombia, the brands that are part of beer history, such as Club Colombia, Aguila, Poker and Costeña will continue to dominate the local market, but with the InBev incursion, consumers get more choice, with Stella Artois, Budweiser and Corona expanding InBev’s domestic beer portfolio. And of course you can still enjoy all the craft beer selections by the Bogotá Beer Company in their pubs and in restaurants and supermarkets across the nation.
The InBev-SABMiller merger also means new leadership at the top for Colombia and the region. Ricardo Moreira assumes the post of president for the
...More info on site
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Latvia: Uzavas Alus brewery to increase production capacity by a third next year
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Uzavas Alus brewery based in the Ventspils municipality in north-western Latvia (formerly Zaksi) next year will increase its production capacity by one third, the company's owner Uldis Pumpurs told LETA.
He said that Uzavas Alus this year has started selling its beer in Finland where it is available in Stockmann stores and has already won interest of consumers.
At the end of October the company plans to send its first shipments to Germany, where the beer will be sold in Gunars Kirsons' restaurants Kirsons. "If we manage to develop in the Finnish market, then next year Uzavas Alus will expand and increase production by one third," said Pumpurs, adding that in the future also other export perspectives may open, for example, to Russia.
Pumpurs said that the company next year plans to purchase new equipment in order to increase its capacity. Pumpurs did not disclose the planned investments, but said that the EU funding will also be attracted to the project.
Last year Uzavas Alus generated EUR 3.195 mln in sales, up 2.9% y-o-y, and posted EUR 238,940 in loss in contrast to a profit a year ago.
The company was founded in 1995 and its share capital is EUR 298,802. The company's sole owner
...More info on site
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Barley News
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World: Large crops in Russia, Ukraine, Canada, and Australia can’t quite compensate for smaller barley output in the EU and South America
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Large barley crops of Russia, Ukraine, Canada, and Australia cannot quite compensate the smaller production in the EU and South America this year, H.
...More info on site
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EU: Barley harvest finished with crop down 2.5 mln tonnes this year
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The barley harvest is finished in the European Union, the crop result is 59 mln tonnes vs. 61.5 a year ago, H. M. Gauger
...More info on site
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Australia: Private estimates put Australia’s barley crop at up to 10.5 mln tonnes this year
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In their September report ABARES estimate the 2016/17 barley crop at 9.5 mln tonnes vs. 8.6 mln last year. Most other estimates are even
...More info on site
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