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Flash Summary
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E-Malt.com Flash 44b
November 02 - November 05, 2017
Quote of the Week
Where is all the knowledge we lost with information?
T. S. Eliot
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Currency Rates
Base Currency: Euro
on November 03, 2017 |
Base Currency: US Dollar
on November 03, 2017 |
| |
1 EUR = 1.1645 USD
1 EUR = 0.8869 GBP
1 EUR = 1.4960 CAD
1 EUR = 1.5117 AUD
1 EUR = 132.9000 JPY
1 EUR = 3.8047 BRL
1 EUR = 67.6770 RUB
1 EUR = 7.7011 CNY
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|
1 USD = 0.8580 EUR
1 USD = 0.7592 GBP
1 USD = 1.2829 CAD
1 USD = 1.2967 AUD
1 USD = 114.0000 JPY
1 USD = 3.2661 BRL
1 USD = 58.0869 RUB
1 USD = 6.6050 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 03, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
190.50-192.50 |  |
| 6RW Malting Barley (FOB Creil) |
157.00-159.00 | |
| 2RS Malt (FOB Antwerp) |
389.00-391.00 | |
| 6RW Malt (FOB Antwerp) |
348.00-350.00 | |
| Feed Barley (FOB Creil) |
151.00-153.00 | |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
192.50-194.50 |  0.51% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | 0.63% |
| 2RS Malt (FOB Antwerp) |
390.00-392.00 | 0.31% |
| 6RW Malt (FOB Antwerp) |
347.50-349.50 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
188.00-190.00 | 0.33% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,264.00-1,266.00 | |
| Malting Barley (West) |
1,264.00-1,266.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,224.00-1,226.00 | |
| Malting Barley (West) |
1,224.00-1,226.00 | |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
294.00-296.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
313.00-315.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
561.00-563.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
587.00-589.00 |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
211.00-213.00 |
 1.92% |
| Feed Barley, basis Winnipeg |
211.00-213.00 |
1.92% |
| Feed Barley, bulk in store, Vancouver |
274.00-276.00 |
1.48% |
US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
170.00-172.00 |
6.88% |
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
5.45% |
| Feed Barley, basis Minneapolis, Minnesota |
95.00-97.00 |
|
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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.
India: Carlsberg reports volume decline in India despite increased market share
...Click here
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Australia: First barley harvest cuts look promising
...Click here
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South America: Weather causing concerns about barley quality in Uruguay and Brazil
...Click here
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World: Your brewery is invited to enter the World Beer Cup competition
...Click here
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India: State of Maharashtra to hike beer excises by 17%
...Click here
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India: SAT asks Sebi to pass fresh order on additional payments by Diageo to minority shareholders of United Spirits
...Click here
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UK: AB InBev to streamline alcohol content of Budweiser in cans and bottles
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Europe Hops Production and Yields 2016 - 2017
Barley Prices
Theoretical Malt Prices
Scientific Digest
FLAVOUR CHANGES WITH ENRICHED PELLETS
ABSTRACT
A lot of brewers are interested in enriched pellets in order to
reduce the amount of vegetative material that goes into the
beer. The Barth-Haas team brewed beer with Cascade
hops in the forms of T90 pellets, purified T90 pellets, T70
pellets and T45 pellets. They produced dry-hopped and
late-hopped ale beers and found that only in dry-hopped
beers, thiols as 4MMP and 3MHA are present in detectable
sensory levels. Interestingly, there was no correlation
between the amount of terpenols in beer and the intensity
of citrus or fruity flavour. The sum of esters correlated
well with the fruity category, and the Barth-Haas team also found a good
correlation of woody characteristics with analytical results.
REFERENCES:
Zunkel, M,; Impact of hop pellet processing in regard to the flavor contribution in beers late and dry hopped with US Cascade hops
Source: Barth Innovations
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These Days in Business History
02 November
1927 - John Sainsbury was born, Chairman of J Sainsbury plc (the parent company of Sainsbury's Supermarkets Ltd) since 1969; English billionaire
1928 - Dupont introduces synthetic rubber
1992 - 1st test flight of Airbus A330
03 November
1898 - 1st US automobile show opens at Madison Square Garden (NYC)
1929 - 1st commercially produced synthetic rubber manufactured
1971 - The microprocessor is officially born as Intel introduces its new 4004 chip, invented by Ted Hoff and Federico Faggin
2014 - One World Trade Center officially opens
04 November
1846 - Benjamin Palmer patents artificial leg
1939 - 1st air conditioned automobile (Packard) exhibited, Chicago, Ill
1996 - Vimpel Communications becomes the first Russian company to list its shares on the New York Stock Exchange
2008 - Barack Obama becomes the first person of African-American descent to be elected President of the United States
05 November
1492 - Christopher Columbus learns of maize (corn) from Indians of Cuba
1895 - George Selden patents 1st gasoline-driven car
2007 - Android mobile operating system is unveiled by Google
Agenda
November 2017:
11: International MicroBrew Symposium 2017 (Munich, Germany)
22-23: Craft Beer Italy 2017 (Milan, Italy)
January 2018:
26-28: Finest Spirits 2018 (Munich, Germany)
February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)
March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
22-24: Beer 2018 (Sochi, Russia)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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China: Beer industry showing signs of recovery
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After a prolonged sales slump, China's beer industry is showing signs of recovery, with three big brewers posting growth in sales and profits for
...More info on site
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World: Carlsberg’s global sales down 1% in Q3 2017
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Carlsberg has posted a net sales decline of 1% in the third quarter of the year to DKK 16.7 billion ($2.61 billion) as it
...More info on site
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India: Carlsberg reports volume decline in India despite increased market share
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Danish brewer Carlsberg blamed the new goods and services tax, highway ban and monsoon to a volume decline in India, the Economic Times reported
...More info on site
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World: Your brewery is invited to enter the World Beer Cup competition
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Your brewery is invited to enter the World Beer Cup which will be held in Nashville, Tennessee, USA. Winners will be announced at the gala award dinner on May 3, 2018 in Nashville. An additional award ceremony will be hosted by partner sponsors Barth-Haas Group and SAHM glassware on June 13, 2018 in Berlin, Germany.
Please take time to review the Guidelines for entering the World Beer Cup prior to the brewery application period: October 31 - November 14, 2017.
The competition’s organizers World Beer Cup and Brewers Association are pleased to announce consolidation points in Sydney, Australia; Sao Paulo, Brazil; Toronto and Vancouver, Canada; Tokyo, Japan; Amsterdam, Netherlands to make it easier and more affordable to submit your competition samples. Visit the website www.worldbeercup.org to find your nearest consolidation point.
In 2016, the World Beer Cup again proved it is the world's most diverse international beer competition for commercial breweries, with a record-breaking 6,596 entries from 1,907 breweries in 55 countries. The Brewers Association, host of the World Beer Cup, is excited to make 2018 another record-breaking year.
All breweries around the world are invited to participate in this special biennial competition!
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India: State of Maharashtra to hike beer excises by 17%
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Beer sales in Maharashtra will be significantly hit by the state government’s decision to increase excise duty on the beverage by 17%. Given that Maharashtra is among the top alcohol consuming states, the increase is expected to dent the business of beer makers, Livemint reported on November 2.
Maharashtra’s excise duty increase, announced on 23 October, should result in a price hike of at least Rs20 per 330 ml bottle for the end consumer, according to industry estimates. That increase will likely kick in over the next few days as retail outlets, bars and restaurants replenish stocks.
It would then worsen the already depressed demand for beer which, along with that for other alcoholic beverages like spirits, has been hurt over the last two quarters by a Supreme Court decision to ban alcohol sales near highways.
“Clearly it will have a negative impact on the business, without a doubt. If at one shot the price of a bottle of beer goes up by 15-20%, consumers are going to reduce the amount of beer they drink and shift to hard liquor. It’s unfortunate for the beer industry and it is going to be a big setback,” said Shekhar Ramamurthy, managing director of India’s
...More info on site
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UK: AB InBev to streamline alcohol content of Budweiser in cans and bottles
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Anheuser-Busch InBev is to make all of its UK Budweiser beer 4.5% abv, as it straightens out a difference in alcohol content between packaged formats and draught, local media reported.
Starting from December, Budweiser in the UK will be brewed to have the same alcohol content. Currently, cans and bottles are 4.8% while draught Budweiser is 4.3%.
A spokesperson for AB InBev said that the abv gap exists only in the UK. It is unclear why there is a difference in the country.
In a press release on November 3, the brewer said the change will streamline the brewery production process and allow consumers to "experience a consistent Budweiser brew".
About 95% of Budweiser's UK volumes are in packaged format, meaning that, overall, alcohol units will be taken out of the market. AB InBev said this was "in line with the Government's public health objectives, as well as consumer tastes for moderation and AB InBev's commitment to smart drinking".
Earlier this year, Molson Coors admitted in a UK tax tribunal that it was brewing its Carling lager at a lower abv than stated on the packaging. The move by Molson Coors did not broach legal requirements for labelling as, under UK regulations, beer is
...More info on site
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Barley News
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Australia: First barley harvest cuts look promising
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Australia’s barley harvest is getting slowly into full swing, first cuts are promising, and crop size is growing again, GrainCom reported on November 3.
...More info on site
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South America: Weather causing concerns about barley quality in Uruguay and Brazil
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Weather in Argentina has been a bit cold and wet, but in the view of the GrainCom analysts, there is no reason for concern
...More info on site
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Whisky News
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India: SAT asks Sebi to pass fresh order on additional payments by Diageo to minority shareholders of United Spirits
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The Securities Appellate Tribunal has asked Sebi to expeditiously pass a fresh order in the matter relating to Diageo Plc requiring to make additional payments to the minority shareholders of United Spirits Ltd, the Economic Times reported on November 2.
Diageo became a controlling shareholder of USL - whose erstwhile promoter was now fugitive liquor baron Vijay Mallya - in May 2013 with 25.02 per cent stake after completion of a Rs 3,134.56 crore open offer.
Later in June 2016, markets regulator Sebi through a notice told Diageo that the company might have to make additional payments to the minority shareholders of USL on the basis of Diageo's Watson backstop guarantee agreements for Watson Ltd, a company affiliated to Mallya.
Sebi's decision was challenged before the Securities Appellate Tribunal (SAT) with Diageo contesting that the notice was misconceived and wrong in law.
"... we direct that the impugned communication dated June 16, 2016 be treated as a supplementary show cause notice issued to the appellant and direct Sebi to pass a fresh order after giving an opportunity of hearing to the appellant," the tribunal said in an order dated November 1.
While stating that Diageo can file any additional reply
...More info on site
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