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Flash Summary
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E-Malt.com Flash 49b
December 07 - December 10, 2017
Quote of the Week
No man was ever wise by chance.
Lucius Annaeus Seneca
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Currency Rates
Base Currency: Euro
on December 08, 2017 |
Base Currency: US Dollar
on December 08, 2017 |
| |
1 EUR = 1.1786 USD
1 EUR = 0.8807 GBP
1 EUR = 1.5131 CAD
1 EUR = 1.5682 AUD
1 EUR = 132.8800 JPY
1 EUR = 3.8824 BRL
1 EUR = 69.9323 RUB
1 EUR = 7.8013 CNY
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|
1 USD = 0.8481 EUR
1 USD = 0.7458 GBP
1 USD = 1.2827 CAD
1 USD = 1.3281 AUD
1 USD = 112.6900 JPY
1 USD = 3.2632 BRL
1 USD = 59.2948 RUB
1 USD = 6.6154 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 08, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
188.50-190.50 |  |
| 6RW Malting Barley (FOB Creil) |
155.00-157.00 |  0.64% |
| 2RS Malt (FOB Antwerp) |
387.00-389.00 | |
| 6RW Malt (FOB Antwerp) |
346.00-348.00 | 0.35% |
| Feed Barley (FOB Creil) |
145.00-147.00 | 0.68% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
188.50-190.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
157.00-159.00 | 0.63% |
| 2RS Malt (FOB Antwerp) |
385.00-387.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
346.50-348.50 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
189.50-191.50 |  0.43% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,324.00-1,326.00 | 1.53% |
| Malting Barley (West) |
1,324.00-1,326.00 | 1.53% |
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 |
330.00-332.00 |
|
| 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 |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
219.00-221.00 |
|
| Feed Barley, basis Winnipeg |
219.00-221.00 |
|
| Feed Barley, bulk in store, Vancouver |
282.00-284.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
170.00-172.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
218.00-220.00 |
|
| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
109.00-111.00 |
|
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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.
China: AB InBev launches 1.5 mln tonnes brewery in east China
...Click here
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Thailand: New alcohol excise rates expected to drive drinkers of spirits to beer
...Click here
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China & Canada: China increasing imports of Canadian barley
...Click here
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USA: MillerCoors CEO says Miller Lite has passed Budweiser for third most popular beer nationally
...Click here
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UK: Three new malting barley varieties added to the recommended spring barley list
...Click here
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Ukraine: Barley and wheat stocks as of November 1 lower than last year
...Click here
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Australia: AB InBev’s purchase of Pirate Life reignites concerns about craft beer takeovers by global powerhouses
...Click here
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UK: Carlsberg UK launches its first limited-edition Christmas beer
...Click here
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Nigeria: Nigerian Breweries launches new Stella beer
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW ABOUT PRODUCING A DRY HOPPED ALCOHOL FREE BEER?
ABSTRACT
Alcohol-free beer and functional drinks are two strongly
growing markets within the beverage sector. The success
of alcohol-free beer and functional drinks with relaxing,
stress reducing properties might be largely based on their
health-benefits. Additionally, exotic flavors along with a
high product quality are also key value propositions of
these products. In this study, the main potential health
benefits of alcohol-free dry-hopped beer and dry-hopped
relaxation drinks are reviewed and the main target consumer
groups are described.
REFERENCES:
Hagemann, M.: Chance for dry hopped non alcoholic beverages, Brewing Science 70 (July/August
2017), pp. 118-123 http://www.brewingscience.de
Source: Barth Innovations
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These Days in Business History
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
08 December
1794 - 1st issue of Herald of Rutland, VT published
1863 - Abraham Lincoln announces plan for Reconstruction of South
1923 - Salary and price freeze in Germany
1993 - Dow-Jones hits record 3734.53
09 December
1793 - Noah Webster establishes New York's 1st daily newspaper, American Minerva
1843 - P Paul Leroy-Beaulieu French economist is born
1905 - French Assembly National votes for separation of church & state
1916 - P Paul Leroy-Beaulieu French economist (Economist France), dies at 73
1967 - Nicolae Ceausescu becomes President (dictator) of Romania
1968 - Doug Engelbart demonstrates first computer mouse at Stanford
10 December
1672 - New York Governor Lovelace announces monthly mail service between New York & Boston
1799 - Metric system established in France
1868 - The first traffic lights are installed, outside the Palace of Westminster in London
1901 - 1st Nobel Peace Prizes (to Jean Henri Dunant, Frederic Passy)
1915 - 10,000,000th model T Ford assembled
1930 - Clayton K Yeutter, US trade representative/Republican National chairman is born in Nebraska
1948 - UN General Assembly adopts Universal Declaration of Human Rights
1993 - Dow Jones hits record 3740.67
Agenda
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: AB InBev launches 1.5 mln tonnes brewery in east China
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The world's top brewer AB InBev opened a new brewery on December 6, with an annual production capacity of 1.5 million tonnes of beer,
...More info on site
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Thailand: New alcohol excise rates expected to drive drinkers of spirits to beer
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Thailand's overall alcohol consumption is expected to be flat this year thanks to low purchasing power and more morose consumers, as well as a recent hike of excise tax, the Bangkok Post reported on December 7.
According to Thanakorn Kuptajit, president of the Thai Alcohol Beverage Business Association (Tabba), the new excise tax rates for alcohol, which came into force on Sept 16, have driven drinkers of spirits to beer.
But he said higher beer consumption is yet to offset the drop in spirits.
The new excise tax is aimed at making state tax collection more transparent and fair by conforming to international standards as well as protecting public health.
The new tax rates for liquor is based on the volume of alcohol content, meaning higher alcohol concentrations will be subject to higher taxes.
"The spirits companies have been adjusting themselves with price strategies. We expect the spirits industry will fare better in 2018,'' said Mr Thanakorn, also the corporate relations director of Diageo Moet Hennessy Thailand, the distributor of Johnnie Walker spirits in Thailand.
The quantity of alcoholic drinks consumed in Thailand have increased annually in the past two years. In 2015, 2.86 billion litres of alcoholic beverage were consumed, a 0.6% growth year-on-year; while
...More info on site
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USA: MillerCoors CEO says Miller Lite has passed Budweiser for third most popular beer nationally
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For MillerCoors, there's still a long way to the top to reach the domestic dominance of AB InBev's signature offering, Bud Light.
Still, MillerCoors CEO Gavin Hattersley excitedly shared on December 8 that Miller Lite has passed AB InBev's "Great American Lager," Budweiser, for third most popular nationally, behind Bud and Coors light brands. Hattersley said that Miller Lite and Coors Light have been steadily gaining in domestic markets, the Milwaukee Business Journal reported.
"Between Miller and Coors Light, we've taken share in the premium light category away from Bud Light," Hattersley told an audience of more than 350 Milwaukee-area business executives at the Milwaukee Business Journal's Power Breakfast at The Pfister Hotel in downtown Milwaukee. "We've been doing that now for two-and-a-half years, every single quarter."
Hattersley partially chalked that up to the way MillerCoors portrays its two main premium light beers in the market.
"We think our positioning of Miller Lite being the 'Original Lite Beer' and Coors Light being 'The World's Most Refreshing Beer' are great positions and we're building on those," Hattersley said.
It's not all about the two signature brews at MillerCoors these days however, and Hattersley was sure to point out the other beers making inroads domestically for the
...More info on site
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Australia: AB InBev’s purchase of Pirate Life reignites concerns about craft beer takeovers by global powerhouses
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AB InBev’s AU$10 mln deal for South Australian craft brewer Pirate Life has reignited concerns over the number of independents being taken over by global powerhouses, Food Navigator Asia reported on December 6.
Pirate Life, founded just in 2015, was crowned best craft brewery at Beer Cartel’s 2017 Australian Craft Beer Survey. It carries a portfolio of different styles of beer including stout, IPA, pale ale, golden ale and a mosaic.
The firm says the acquisition by AB InBev subsidiary Carlton & United Breweries has come at the right time.
“The reality is we have run out of capacity at Hindmarsh. With this partnership we’re in a fortunate position to upgrade to a new, bigger brewery while dedicating Hindmarsh to innovate and craft a whole range of new styles to make sure we keep pushing the boundaries and evolving,” said Jared Proudfoot, co-founder and chief brewer of Pirate Life.
The investment is said to enable further innovation for the Adelaide-based craft brewers. Apart from a new brewing facility, Pirate Life’s current brewery in Hindmarsh will be dedicated to creating new beers, including “sours, seasonal and barrel-aged products”.
This latest acquisition would make
...More info on site
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UK: Carlsberg UK launches its first limited-edition Christmas beer
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Carlsberg UK launches its first Christmas beer - a first for the brand, which has not done a festive brew before, Inapub reported on December 6.
The limited edition will be exclusively available on draught in 29 Northampton pubs, with proceeds from sales donated to local charity, the Northamptonshire Community Foundation.
Master brewer Jon Elks has brewed the festive lager in the company's Northampton brewery.
It is described as having a, "full bodied taste with a balance of sweetness and bitterness" and is flavoured with Christmas spices, orange peel and cinnamon.
"This is the first time Carlsberg UK has brewed a Carlsberg beer for Christmas. We were inspired by our colleagues in Denmark, where the famous Tuborg Christmas beer, Julebryg, is so popular this time of year," said Liam Newton, vice president marketing at Carlsberg UK.
"We think beer-drinkers in Northamptonshire deserve a unique brew of their own and our brewers were proud to craft it for them."
The Christmas beer also has its own limited edition stemmed glass.
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Nigeria: Nigerian Breweries launches new Stella beer
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Nigeria’s biggest brewer, Nigerian Breweries, has launched an exciting new brand that captures the changing face of the beer market. Stella beer was unveiled into the Nigerian market at the Grand Ballroom, Eko Hotel and Suites on the 6th of December 2017 in the presence of key stakeholders and consumers, the New Telegraph Newspaper reported on December 7.
Known for its quality brands and market-defining products, Nigerian Breweries launched this specially brewed International lager beer into the market to the satisfaction of millions of beer lovers in the country.
Present at the unveil were representatives from Nigerian Breweries, including Marketing Director Nigerian Breweries Franco Maria Maggi, Portfolio Manager Premium Lager Brands Tokunbo Adodo, Brand Manager Global Brands Oreoluwa Kolawole, amongst others.
Birthed in 1897 and crafted by Belgian master brewers, Stella beer is a product of a very innovative and unique brewing technique. The finest malted barley, high quality hops, and the best quality water come together to make this new offering. Locally brewed Stella is original in its recipe and brewing process, the company said.
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Barley News
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Canada: Barley production drops 10.2% in 2017
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Canadian farmers reported a 10.2% decrease in barley production to 7.9 million tonnes in 2017, Statistics Canada said in its latest update on December 6.
The decline was the result of a 4.9% decrease in harvested area to 5.2 million acres, combined with a 5.4% drop in average yield to 69.4 bushels per acre, it is reported.
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China & Canada: China increasing imports of Canadian barley
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China has more than doubled its purchases of Canadian barley, taking advantage of bargain prices for the beer ingredient due to abundant high-quality supplies
...More info on site
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UK: Three new malting barley varieties added to the recommended spring barley list
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UK’s arable growers aiming at the lucrative malting market have some new high yielding spring barleys in their armoury, unveiled in the latest Recommended Lists from the industry levy-funded Agriculture and Horticulture Development Board, The Scottish Farmer reported on December 7.
This year Lists have gained no less than 22 new varieties, all demonstrating continued improvements in yield, disease resistance and quality, while 27 varieties have been removed because they now fall short.
Three new specifically malting varieties have been added to the Spring Barley list – RGT Asteroid, LG Tomahawk and LG Diablo.
AHDB senior crop scientist Jenna Watts said: “There are now three very high performing new varieties on the list. LG Diablo which yields strongly in the north and is under test for brewing and malt distilling, LG Tomahawk which also yields very highly and is undergoing testing for malt distilling, and RGT Asteroid which is being tested for brewing, malt distilling and grain distilling.
“They all compare favourably with Concerto and Laureate in terms of yield and agronomic features.”
In trials in the north region, LG Diablo has yielded 109% compared to the control, LG Tomahawk yielded 107%, while RGT Asteroid is sitting at 102%. This compares with recently approved Laureate
...More info on site
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Ukraine: Barley and wheat stocks as of November 1 lower than last year
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According to the State Statistics Service, grain and pulse inventories in Ukraine totaled 24.23 mln tonnes as of November 1, 2017, or 10.6% less than at the same time last year (27.11 mln tonnes), UkrAgroConsult reported.
Wheat stocks as of the reporting date were down 4.2% year-on-year at 11.62 mln tonnes against 12.13 mln tonnes as of November 1, 2016. Barley stocks were down 28.3% year-on-year at some 1.98 mln tonnes (2.76 mln tonnes was in November 2016).
Corn inventories are also lower than last year. They totaled 9.23 mln tonnes as of the reporting date, or 12.4% less than last year (10.54 mln tonnes).
The decrease in grain inventories stems primarily from some crop downturn this year. In addition, barley and wheat exports were quite active in the first third of the season, unlike corn shipments.
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