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Flash Summary
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E-Malt.com Flash 49a
December 05 - December 07, 2016
Quote of the Week
Talent is an accident of genes - and a responsibility.
Alan Rickman
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Currency Rates
Base Currency: Euro
on December 07, 2016 |
Base Currency: US Dollar
on December 07, 2016 |
| |
1 EUR = 1.0734 USD
1 EUR = 0.8421 GBP
1 EUR = 1.4242 CAD
1 EUR = 1.4395 AUD
1 EUR = 122.2800 JPY
1 EUR = 3.6837 BRL
1 EUR = 68.6902 RUB
1 EUR = 7.3861 CNY
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1 USD = 0.9304 EUR
1 USD = 0.7855 GBP
1 USD = 1.3275 CAD
1 USD = 1.3412 AUD
1 USD = 113.8800 JPY
1 USD = 3.4220 BRL
1 USD = 63.8741 RUB
1 USD = 7.0627 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 07, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
184.50-186.50 |  |
| 6RW Malting Barley (FOB Creil) |
160.00-162.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
382.00-384.00 | |
| 6RW Malt (FOB Antwerp) |
352.50-354.50 | 0.35% |
| Feed Barley (FOB Creil) |
133.00-135.00 | 0.74% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
189.50-191.50 |  0.53% |
| 6RW Malting Barley (FOB Creil) |
163.00-165.00 | |
| 2RS Malt (FOB Antwerp) |
386.00-388.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | |
| Feed Barley (FOB Creil) |
nq | |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,179.00-1,181.00 | 0.84% |
| Malting Barley (West) |
1,179.00-1,181.00 | 0.84% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,229.00-1,231.00 | 0.81% |
| Malting Barley (West) |
1,229.00-1,231.00 | 0.81% |
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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.
Vietnam: First phase of Sabeco divestment may be pushed back to 2017
...Click here
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Vietnam: Sabeco shares jump the maximum allowed 20% on its first day of trading at Ho Chi Minh Stock Exchange
...Click here
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EU: U.S. buyout fund Bain Capital out of race SABMiller's Central and Eastern European beer brands - sources
...Click here
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Australia: Barley production to rise by 24% to record high 10.6 mln tonnes
...Click here
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New Zealand: Fuelled by demand from US craft brewers New Zealand’s hop industry expands for the first time in 20 years
...Click here
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Australia: Carlton & United Breweries settles long-running dispute with workers
...Click here
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USA: Malting barley industry seeking better varieties with consistent quality
...Click here
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Romania: Romania’s barley export in September only totals 75 thousand tonnes
...Click here
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Graph of the week
Table of the week
World Hop Area
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
BE A DETECTIVE - FIND THE
ONION IN YOUR BEER!
ABSTRACT
A Japanese research team put a lot of effort in finding
the relevant compound for the onion flavour in beer.
2-mercapto-3-methyl-1-butanol (2M3MB) has an onion,
sweaty type aroma, at a threshold of only 13ppb. Its
origin is most likely hops. Firstly this team has shown
that low or no wort aeration reduces the formation of
this off-flavour, secondly they found that 2,3-epoxy-3
methyl-butanal (EMB) is the responsible precursor. Next
to aeration, the yeast plays an important role on the final
level of this compound in beer and will be investigated
further. We hope for a happy ending!
Shigekuni, N.: Identification of a precursor of 2M3MB in Beer
Read more
Source: Barth Innovations
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These Days in Business History
05 December
1492 - Christopher Columbus discovers Hispaniola (El Espanola/Haiti)
1791 - Wolfgang Amadeus Mozart, composer, dies in Vienna Austria at 35
1792 - George Washington re-elected U.S. pres
1879 - 1st automatic telephone switching system patented
1880 - Blue Jeans are invented
1880 - Walter Elias Disney was born, Chicago IL, animator (father of Mickey Mouse)
1978 - European Union establishes EMS, European Monetary System
1985 - Dow Jones Industrial Average rises above the 1,500 level for 1st time
1989 - France TGV train reaches world record speed of 482.4 kph
06 December
1492 - Haiti discovered by Columbus, at Mole Saint Nicolas
1768 - 1st edition of "Encyclopedia Brittanica" published (Scotland)
1877 - Washington Post publishes 1st edition
1922 - 1st electric power line commercial carrier in U.S., Utica, New York
07 December
1877 - Thomas A Edison demonstrates the gramophone
1926 - Gas refrigerator patented
1941 - Japanese attack Pearl Harbor (a date that will live in infamy)
1945 - Microwave oven patented
Agenda
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)
16-19: Beer 2017 (Sochi, Russia)
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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Vietnam: First phase of Sabeco divestment may be pushed back to 2017
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The first phase of divestment from Saigon Beer, Alcohol and Beverage Corporation (Sabeco) may be pushed back to next year, VietNamNet Bridge reported on
...More info on site
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USA: US brewery count now exceeds 5,000
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Reflecting on the significant impact of small and independent craft breweries in 2016, the Brewers Association — the not-for-profit trade association dedicated to small and independent American brewers — looked back on the defining beer moments of 2016.
“In the face of numerous opportunities and challenges in 2016, small and independent craft brewers continue to thrive,” said Bart Watson, chief economist, Brewers Association. “This community should be very proud of what it has accomplished and how far it has come.”
Of note in 2016:
● Brewery Count: Five thousand strong and growing, there are now 5,005 breweries in the U.S. compared to 10,000 wineries. Almost all (99%) are small and independent craft brewers.
● Continued Growth for the Segment: By mid-year, small and independent breweries grew by eight percent, reflecting dynamism and a bright spot for the domestic beer market.
● Never Go Out of Styles: IPAs continue to hop up, now accounting for roughly one-quarter of craft volume. More sessionable styles, including golden ales, pilseners and pale lagers, are up 33 percent, totaling nearly five percent of craft.
● Freedom of Choice: As the world’s two largest brewers merged into a multinational conglomerate two and a half times the size of
...More info on site
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Vietnam: Sabeco shares jump the maximum allowed 20% on its first day of trading at Ho Chi Minh Stock Exchange
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Shares of state-controlled Sabeco, Vietnam's biggest brewer, jumped the maximum allowed 20 percent upon listing on December 6 as investors craved exposure to the dominant player in one of Asia's most sought-after beer markets, Reuters reported.
The market value of Saigon Beer, Alcohol, Beverage Corporation (Sabeco) rose to $3.72 billion, the fifth biggest listed firm in the Southeast Asian nation, as its shares hit 132,000 dong ($5.8) compared to their opening price of 110,000 dong, data from the Ho Chi Minh Stock Exchange showed.
Sabeco, with a share of nearly 41 percent of the domestic beer market, is one of the last profitable assets owned by the Vietnamese government, which has said it would sell its entire 89 percent in the company by 2017.
Kirin Holdings, Asahi Group Holdings, Thai Beverage Pcl, Heineken and Anheuser Busch Inbev SA are among around 20 investors that have expressed interest in buying stakes of Sabeco and smaller rival Habeco, a government official said in October.
Vietnam has been seeking to accelerate the initial public offerings (IPOs) of state-owned companies and list shares to boost investment and increase transparency.
The stock market debut of Sabeco, known for its Bia Saigon and 333 brews, had been moved forward from an
...More info on site
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EU: U.S. buyout fund Bain Capital out of race SABMiller's Central and Eastern European beer brands - sources
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The field of bidders for SABMiller's Central and Eastern European beer brands being sold by Anheuser-Busch InBev has narrowed after U.S. buyout fund Bain
...More info on site
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Australia: Carlton & United Breweries settles long-running dispute with workers
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The long-running beer dispute at Carlton & United Breweries has ended as the brewer reached a deal with unions to reinstate sacked maintenance staff on their full pay and conditions, The Australian Financial Review reported on December 7.
In an agreement finalised on December 7 with the Electrical Trades Union and the Australian Manufacturing Workers Union, the brewer invited all the picketing workers at its Abbotsford plant in Victoria to return to their jobs on December 12, with an agreement on no-forced redundancies until 2020.
A confidential deed is also understood to have include compensation for the workers, who were without work since June.
The unions have also agreed to "moderated wage outcomes" and flexibility on rosters, overtime requests and rostered days off.
CUB terminated the 55 maintenance workers' contract in June in favour of labour hire company Programmed which sought to re-hire the workers under significantly lower pay and conditions.
The sacked workers held a continuous picket line outside the factory, spurred strikes by the CUB workforce, and saw Programmed withdraw from its contract.
Leaked company documents in November revealed the brewer was struggling to meet peak summer demand due to maintenance issues. Unions estimated it was losing A$2 million a week in production losses.
Anheuser-Busch
...More info on site
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Barley News
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Australia: Barley production to rise by 24% to record high 10.6 mln tonnes
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In 2016-17, Australia’s barley production is forecast to rise by 24 per cent to a record high of 10.6 million tonnes, ABARES said in
...More info on site
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USA: Malting barley industry seeking better varieties with consistent quality
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The malting barley industry wants to bolster acres by offering farmers better varieties with consistent quality, Capital Press reported on December 2.
“We’re always trying to improve the selection rate, the percentage of the barley that will make malting quality in a given year,” said Scott Heisel, vice president of the American Malting Barley Association.
Barley acres have declined over the last two decades, down to roughly 3.5 million acres total each year. Roughly 75 percent of that is malting barley, Heisel said.
That number is the minimum number required to supply end users, Heisel said.
“I’m not sure we need to increase it a lot from where we are, especially if we’re successful in increasing that selection rate,” he said.
The majority of malting barley is grown under contract. Heisel recommends a grower have a contract in place, particularly in areas outside the major malting barley-growing regions.
“Growers are going to be more likely to sign that contract if they have varieties that are more likely to make malting quality,” he said. ”We’re trying to reduce that risk of not making malting quality.”
The malting barley association is broadening its member base to include distillers and food companies alongside traditional brewing and malting members.
Companies have begun
...More info on site
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Romania: Romania’s barley export in September only totals 75 thousand tonnes
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In September 2016, Romania exported 75 thousand tonnes of barley, which was 3.5 times lower than record amount for this month, shipped in September 2015 (265 thousand) and 57% lower than 5-year average for this month, reports UkrAgroConsult. Key buyers of September 2016 were Libya, Tunisia and Vietnam.
Thus, according to UkrAgroConsult, since the beginning of 2016/17 (July-September) Romanian barley exports decreased to 625 thousand tonnes (-39% y/y) compared to 1.022 mln tonnes exported over the same period last season.
Over July-September 2016/17 lower purchasing activity is seen from Saudi Arabia, Japan, Algeria and UAE, while higher demand is observed from Spain.
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Bulgaria: Winter barley area down 21.4% this year
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Bulgaria’s fall planting has come to its final stage. The country experienced contradictory weather conditions in the course of this work, reports UkrAgroConsult. On the one hand, abundant October precipitation replenished soil moisture and produced a beneficial effect on growth of already sown winter crops. On the other hand, this precipitation stopped planting in most of the country’s regions.
For winter barley, this period was rather adverse than favorable. As farmers and machinery were focused rather on harvesting late spring crops and sowing winter wheat and rape, large-scale planting of winter barley started with some delay, towards the close of its optimum planting period. Generally speaking, the period of favorable weather conditions for barley planting was somewhat missed and the work was interrupted at its height by persistent rains.
So, by the end of November, farmers planted a 21.4% smaller area to winter barley than a year ago.
Maryna Sych, grain market analyst of UkrAgroConsult, notes that reduction of barley plantings in Bulgaria is already a trend, not a pure chance. So, this year farmers preferred winter rape rather than barley.
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Hops News
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New Zealand: Fuelled by demand from US craft brewers New Zealand’s hop industry expands for the first time in 20 years
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Nelson, New Zealand's hop industry is expanding for the first time in more than 20 years, Stuff.co.nz reported on December 5.
Fuelled by demand from
...More info on site
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