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Flash Summary
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E-Malt.com Flash 05b
February 02 - February 05, 2017
Quote of the Week
For a quart of ale is a dish for a king.
William Shakespeare
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Currency Rates
Base Currency: Euro
on February 03, 2017 |
Base Currency: US Dollar
on February 03, 2017 |
| |
1 EUR = 1.0808 USD
1 EUR = 0.8607 GBP
1 EUR = 1.4050 CAD
1 EUR = 1.4060 AUD
1 EUR = 121.4000 JPY
1 EUR = 3.3659 BRL
1 EUR = 64.7307 RUB
1 EUR = 7.4377 CNY
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|
1 USD = 0.9267 EUR
1 USD = 0.7920 GBP
1 USD = 1.3014 CAD
1 USD = 1.3073 AUD
1 USD = 112.7200 JPY
1 USD = 3.1238 BRL
1 USD = 59.9858 RUB
1 USD = 6.8811 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 03, 2017 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
182.50-184.50 |  |
| 6RW Malting Barley (FOB Creil) |
160.00-162.00 |  0.63% |
| 2RS Malt (FOB Antwerp) |
381.00-383.00 | |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.35% |
| Feed Barley (FOB Creil) |
140.00-142.00 | 0.71% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 | |
| 6RW Malting Barley (FOB Creil) |
160.00-162.00 |  0.62% |
| 2RS Malt (FOB Antwerp) |
382.50-384.50 | |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
| EUR/T |
% |
| Average Malting Barley Price |
177.50-179.50 | 0.85% |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,159.00-1,161.00 | 0.87% |
| Malting Barley (West) |
1,159.00-1,161.00 | 0.87% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,189.00-1,191.00 | 0.85% |
| Malting Barley (West) |
1,189.00-1,191.00 | 0.85% |
Canadian Barley/Malt
Crop 2016 |
| CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
319.00-321.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
329.00-331.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
573.00-575.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
593.00-595.00 |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
169.00-171.00 |
|
| Feed Barley, basis Winnipeg |
169.00-171.00 |
|
| Feed Barley, bulk in store, Vancouver |
239.00-241.00 |
|
US Barley/Malt
Crop 2016 |
| USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
132.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
| 6-Row Malt, bulk, railcar Minneapolis, Minnesota |
nq |
|
| Feed Barley, basis Great Falls, Montana |
105.00 |
|
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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.
Vietnam: Brewing industry aiming at 10% increase in output this year
...Click here
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France: Number of craft breweries doubles in five years
...Click here
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EU: Malting barley prices up in the UK and Scandinavia this week
...Click here
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Australia: Barley exports forecast to surge thanks to stronger malting barley demand
...Click here
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USA: “Too early to know” how President Trump’s policies will affect business – Constellation Brands
...Click here
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USA: MillerCoors to add more than 40 employees as part of $50 million expansion of its Milwaukee brewery
...Click here
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USA: Two largest brewers trying to boost sales of their cheaper beers
...Click here
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India: United Breweries seeks extension to file Q3 results citing recent Central Bureau of Investigation raids on its Bengaluru office
...Click here
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Graph of the week
Table of the week
World Use of Hops and Hop Products 1997 - 2016s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WHO IS RUINING MY BEER FOAM?
ABSTRACT
It is an interesting observation that dry hopped
beers often have less stable beer foam. Why is this?
Comprehensive testing by a research team has found
that with dry hopping, the amount of iso-alpha acids
slightly decreases in the beer due to precipitation.
Increases in humulinones and alpha acids were
observed but both are rather foam positive so they
are likely not the cause. Beta acids are foam negative,
but due to low concentration in beer, they are also
not guilty. But two parameters were found to be of
importance: 1) Temperature - the foam stability is very
sensitive to temperature change, and 2) Hop lipids -
they are known to be gushing surpressing, so it is no
surprise they are foam negative. Problems with foam
stability? Contact Barth-Haas to discuss!
Maye, JP.: Dry hoppings effect on beer foam
Read more
Source: Barth Innovations
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These Days in Business History
02 February
1914 - The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established
1947 - Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America
1995 - Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy after rogue trader Nick Leeson loses more than $1.4 billion on unauthorized (and apparently unsupervised) trades in Japanese stock futures
03 February
1690 - 1st paper money in America issued (colony of Mass)
1815 - World's 1st commercial cheese factory established, in Switzerland
1995 - Astronaut Eileen Collins becomes the first woman to pilot the Space Shuttle
2015 - For $15 million, the United States purchases the entire territories of Arizona, California, New Mexico, and Texas, along with parts of Colorado, Nevada, and Utah, from Mexico under the Treaty of Guadalupe Hidalgo
04 February
1847 - 1st US telegraph company established in Maryland
1874 - Robert Liefmann, German economist is born
1917 - Belgium Council of Flanders established
1957 - 1st electric portable typewriter placed on sale (Syracuse NY)
2004 - Facebook, a mainstream online social networking site, is founded by Mark Zuckerberg
05 February
1817 - 1st US gas co incorporated, Baltimore (coal gas for street lights)
1850 - Adding machine employing depressible keys patented, New Paltz, NY
1878 - Andre-Gustave Citroen is born, France, auto maker
1997 - The so-called Big Three banks in Switzerland announce the creation of a $71 million fund to aid Holocaust survivors and their families
Agenda
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)
27-02 March: VLB Seminar for Brewers in Russia (Moscow, Russia)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
06-08: 104th Brewing and Engineering Conference (Munich, Germany)
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
08-11: Festival Brasileiro da Cerveja 2017 (Blumenau, Brazil)
16-19: BeerX 2017 (Sheffield, UK)
22-24: World Barley, Malt & Beer Conference 2017 (Vienna, Austria)
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)
18-20: Copenhagen Beer Festival 2017 (Copenhagen, Denmark)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
11-13: Brewing Conference Bangkok 2017 (Bangkok, Thailand)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
July 2017:
08: Beer Boot Camp 2017 (Johannesburg, South Africa)
15: Beer Boot Camp 2017 (Cape Town, South Africa)
26-28: Brasil Brau 2017 (Sao Paulo, Brazil)
August 2017:
04-06: The 21st International Berlin Beer Festival (Berlin, Germany)
08-12: The Great British Beer Festival 2017 (London, UK)
09-12: Vietfood & Beverage 2017 (Ho Chi Minh City, Vietnam)
September 2017:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
23-24: Whisky Live Paris 2017 (Paris, France)
October 2017:
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
November 2017:
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Brewery News
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Vietnam: Brewing industry aiming at 10% increase in output this year
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Vietnamese brewers plan to produce about 4 billion litres of beer in 2017, up by 10 per cent from 2016, according to the Vietnam
...More info on site
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France: Number of craft breweries doubles in five years
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The number of craft breweries in France has doubled in the past five years to reach 900 in 2016, Les Echos reported on February
...More info on site
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USA: “Too early to know” how President Trump’s policies will affect business – Constellation Brands
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Constellation Brands says it is “too early to know” how US President Donald Trump’s policies – and in particular a 20% tax on imports from Mexico - will affect its business, BeverageDaily.com reported on February 2.
Constellation Brands imports a number of beer brands from Mexico (such as Corona, Modelo, and Pacifico), and last year credited 70% of its earnings to sales of its imported Mexican-made products. Since Trump was elected to office, Constellations Brands stock price has fallen to $148.34 per share since its October high of $171.24 in October 2016.
Constellation Brands corporate communications manager, Alicia Nestle, told BeverageDaily: “Until there are more specifics, it is too early to know how any new White House and/or congressional policies will affect our business. Over the years, we’ve worked very effectively with representatives from all levels of the US government and from both political parties, and we fully expect that to continue.”
Trump said that the 20% proposed tax on Mexican imports would be a way to pay for building a border wall between the US and Mexico, but he is still considering other options to finance the construction.
The discussion of raising the import tax follows President Enrique Peña Nieto
...More info on site
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USA: MillerCoors to add more than 40 employees as part of $50 million expansion of its Milwaukee brewery
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MillerCoors plans to add more than 40 employees at its Leinenkugel brewery near downtown Milwaukee as part of a $50 million project to expand the facility on North 10th Street, BizTimes.com reported on February 1.
The brewery currently has 15 employees, but will staff up to 56 following the construction of an 119,328-square-foot packaging and warehouse building, a 9,077-square-foot tank cellar addition and a 2,280-square-foot brew house addition.
“Building out the 10th Street Brewery will allow us more efficient, modern and highly flexible processes at the location. While brewing capacity will increase, no operations are transferring over from Miller Valley,” said Marty Maloney, a MillerCoors spokesman.
MillerCoors sought permits in December to demolish an existing warehouse on the site. The company acquired that building in 2013 from Securant Bank & Trust. The building was a former Sara Lee bakery.
BizTimes reported in December that the company was planning to construct a new warehouse on the site, but a spokesman declined to provide additional details.
MillerCoors will be adding the brew house and tank cellar on the southern and northern ends of the existing brewery, located between North 10th Street and Interstate 43.
The new warehouse will take up essentially all of the space between 10th, West
...More info on site
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USA: Two largest brewers trying to boost sales of their cheaper beers
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For years, US sales of the cheapest beers fell as America’s two largest brewers focused on higher-priced craft brands. Now the neglected suds are back in the spotlight, The Australian reported on February 3.
Anheuser-Busch InBev plans to air its first Super Bowl ad for Busch, its namesake economy brand. The 30-second spot follows the company’s move last year to shift its Nascar sponsorship back to Busch from Budweiser.
MillerCoors, the US business unit of Molson Coors, has begun rolling out new ads and redesigned logos for its economy beers, including Miller High Life and Keystone. It is increasing the quantity of beer in some bottles and packages, without raising prices. Both companies are offering price promotions on cheaper brands.
Sales of so-called sub-premium brews, costing an average $US16 ($21.90) for a 24-pack, have long been in decline. From 2010 to 2015, shipments dropped by 16 per cent to 46 million barrels, while craft beers shipments doubled to 22 million barrels, according to Beer Marketer’s Insights.
But the sub-premium category still represents about one out of every five beers sold in the US. AB InBev and MillerCoors, together accounting for about two-thirds of US beer sold by volume, acknowledge they must stop the slide
...More info on site
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India: United Breweries seeks extension to file Q3 results citing recent Central Bureau of Investigation raids on its Bengaluru office
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United Breweries (Holdings) Ltd on February 3 sought a one-month extension of the time limit for filing its December quarter results, citing recent Central Bureau of Investigation (CBI) raids on its Bengaluru office, Livemint reported.
Last month, CBI officials raided the premises of Vijay Mallya’s UB Group over a money laundering case and said they were looking into various accounts of the group’s transactions. The raids came days after a Bengaluru debt recovery tribunal (DRT) ruled in favour of a creditors’ consortium led by public sector lender State Bank of India-to recover Rs6,203.35 crore from the former liquor baron.
“During the search, the CBI seized documents/files/hard disks belonging to the finance, legal and secretarial department including the minutes of the Board and general meetings of UBHL,” the company said in a filing with the BSE on February 3.
“As a result of the above, UBHL is not in a position to compile the financial data required for preparation and submission of the financial results and complying with the requirements of filing the Unaudited Financial Results within the prescribed forty five days from the end of the quarter ended December 31, 2016. The circumstances are beyond the control of UBHL,” it added.
The prescribed 45
...More info on site
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Barley News
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EU: Malting barley prices up in the UK and Scandinavia this week
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According to the latest report by GrainCom, EU prices for malting barley increased this week, especially in the UK and Scandinavia in crop 2016.
...More info on site
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Australia: Barley exports forecast to surge thanks to stronger malting barley demand
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Australian barley exports will surge to their highest level on record this season, thanks to a bumper harvest and good quality, US officials said.
The
...More info on site
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