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Flash Summary
Last five Flashes
Last five graphs
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E-Malt.com Flash 02b
January 11 - January 14, 2018
Quote of the Week
In Belgium, the magistrate has the dignity of a prince, but by Bacchus, it is true that the brewer is king.
Emile Verhaeren, Flemish writer
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Currency Rates
Base Currency: Euro
on January 12, 2018 |
Base Currency: US Dollar
on January 12, 2018 |
| |
1 EUR = 1.2017 USD
1 EUR = 0.8908 GBP
1 EUR = 1.5093 CAD
1 EUR = 1.5281 AUD
1 EUR = 134.1900 JPY
1 EUR = 3.8858 BRL
1 EUR = 68.0586 RUB
1 EUR = 7.8127 CNY
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1 USD = 0.8340 EUR
1 USD = 0.7400 GBP
1 USD = 1.2545 CAD
1 USD = 1.2694 AUD
1 USD = 111.4900 JPY
1 USD = 3.2237 BRL
1 USD = 56.9957 RUB
1 USD = 6.5024 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 12, 2018 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
187.50-189.50 |  0.53% |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 |  0.64% |
| 2RS Malt (FOB Antwerp) |
386.50-388.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
348.00-350.00 | 0.35% |
| Feed Barley (FOB Creil) |
148.00-150.00 | 0.68% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 |  |
| 6RW Malting Barley (FOB Creil) |
155.00-157.00 | 0.65% |
| 2RS Malt (FOB Antwerp) |
382.50-384.50 | |
| 6RW Malt (FOB Antwerp) |
344.00-346.00 | 0.36% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
191.50-193.50 | 0.05% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,274.00-1,276.00 | |
| Malting Barley (West) |
1,274.00-1,276.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 | |
| Malting Barley (West) |
1,204.00-1,206.00 | |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
310.00-312.00 |
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| 2-Row Malting Barley, bulk in store, Vancouver |
329.00-331.00 |
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| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
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| 2-Row Malt, bulk, truck/railcar, Winnipeg |
649.00-651.00 |
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| 2-Row Malt, bulk in store, Vancouver |
649.00-651.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
219.00-221.00 |
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| Feed Barley, basis Winnipeg |
219.00-221.00 |
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| 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 |
175.00-177.00 |
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| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
121.00-123.00 |
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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.
EU: Malt exports in July-November 2017 decline by 2%
...Click here
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Russia: FIFA World Cup expected to benefit Russia’s beer sales
...Click here
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Japan: Asahi to make this year ‘the first year of its beer reform’
...Click here
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Thailand & Singapore: ThaiBev reports higher overall net profit but beer business performance disappoints
...Click here
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World: World barley trade forecast increased in USDA’s January report
...Click here
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EU: Grain crops reported to have avoided major weather damage so far
...Click here
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Argentina: Barley harvest basically finished with good yields and quality results
...Click here
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EU: Malting barley market remains lacklustre due to low activity
...Click here
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Denmark: Barley export surplus seen at up to 1 mln tonnes
...Click here
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Russia: Russia shipping barley at record pace this season
...Click here
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India: United Breweries shares up 6% following beer price hike
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
World Beer Production by Continent 2013 - 2017f
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
PICK YOUR HOPS BEFORE THE ONION TAKES OVER!
ABSTRACT
Sulfur components in hops have many different faces.
Though we love them for bringing us flavors such as
rhubarb, passion fruit, grapefruit and black currant
flavours, they also surprise us with nasty flavours such
as onion-like, garlic-like or just cheesy. By name, these
are known as S-methyl-thioisobutyrate, S-methyl-thio-2-methylbutyrate, S-methyl-thioisovalerate, S-methylthio-4-methylpentanoate, and S-methyl-thiohexanoate.
One parameter that significantly influences the
formation of these compounds is the harvest time of
the hops. This article shows how the concentration of
the onion/garlic compounds increases during harvest
time for varieties as Cascade, Mandarina Bavaria,
Polaris, Hallertau Blanc and Hüll Melon. Although many
studies have shown that a later harvest brings a more
overall flavourful aroma profile for some varieties, e.g.
Hallertau Mittelfrueh (and I put here my hypothesis
that this includes many varieties that express intense
fruitiness such as Citra, Mosaic, Cascade, etc.), the
harvest date should be chosen carefully.
REFERENCES:
Kammhuber, K.: Influence of the Date of Harvest on the Sulphur Compounds of the Special
Flavour Hop Varieties Cascade, Mandarina Bavaria, Hallertau Blanc, Huell Melon and Polaris.
http://www.brewingscience.de/index.php?tpl=table_of_contents&year=2017&edition=0009%2F0010&article=90346
Source: Barth Innovations
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These Days in Business History
11 January
1757 - Alexander Hamilton, future U.S. Secretary of the Treasury and founder of the American financial system, is born on the Caribbean island of Nevis
1759 - 1st American life insurance company incorporated, Philadelphia
1873 - 1st livestock market newspaper published, Drover's Journal, Chicago
12 January
1914 - Henry Ford announces that he will share the Ford Motor Co.'s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day
1970 - Boeing 747 makes its maiden voyage
1975 - Chrysler Corp offers 1st car rebates
13 January
1785 - John Walter publishes 1st issue of London Times
1942 - Henry Ford patents a method of constructing plastic auto bodies
14 January
1914 - Henry Ford introduces assembly line, for T-Fords
1935 - Oil pipeline Iraq-Mediterranean goes into use
1985 - British pound (£) sinks to record low-$1.11
Agenda
January 2018:
23-24: BevExpo 2018 (Coventry, UK)
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)
16-18: Barcelona Beer Festival 2018 (Barcelona, Spain)
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:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
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)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, 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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Malt News
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EU: Malt exports in July-November 2017 decline by 2%
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As per customs surveillance, EU malt exports during July 1 - November 28, 2017 were 1.19 mln tonnes (in grain equivalent), H. M. Gauger
...More info on site
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Brewery News
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Russia: FIFA World Cup expected to benefit Russia’s beer sales
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The 2018 FIFA World Cup which will take place in Russia this year is expected to boost the nation’s beer sector which may show
...More info on site
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Japan: Asahi to make this year ‘the first year of its beer reform’
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For years, 100 million was a sacred number for Asahi Super Dry, Japan's favorite beer. For since 1989, just two years after its debut,
...More info on site
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Thailand & Singapore: ThaiBev reports higher overall net profit but beer business performance disappoints
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Thai Beverage Public Company Limited's (ThaiBev) net profit for 2017 hit $1.44 bln (THB34.68 bon), an increase of 38.5% or $401.11 mln (THB9.65b) from
...More info on site
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India: United Breweries shares up 6% following beer price hike
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United Breweries shares rallied nearly 6 percent intraday to hit a fresh record high of Rs 1,199 on Thursday, January 11 following beer price hike, Moneycontrol.com reported.
CNBC-TV18 reports quoting Cogencis that the company has hiked its Kingfisher beer price by 7-8 percent in Mumbai.
Meanwhile, company's gross revenues in July-September quarter grew by 24 percent and revenue net of duties increased 23 percent, driven by price increases, positive state and brand mix, as well as beer exports.
The company had commenced direct export of beer from April 2017.
During the quarter, United Breweries's volume growth at 11 percent was ahead of industry growth of 5 percent while operating growth was at 72 percent YoY.
At 15:16 hours IST on January 11, the stock price was quoting at Rs 1,188.00, up Rs 56.40, or 4.98 percent on the BSE.
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Barley News
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World: World barley trade forecast increased in USDA’s January report
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World barley trade 2017/18 is forecast at 26.24 mln tonnes in USDA’s January report as compared to 25.84 mln forecast last month.
Barley
...More info on site
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EU: Grain crops reported to have avoided major weather damage so far
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Grain crops in the European Union have avoided major damage so far this winter amid relatively mild weather, shifting market attention toward spring crops
...More info on site
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Argentina: Barley harvest basically finished with good yields and quality results
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Harvest is basically finished in Argentina with good results, both in terms of yields and quality, GrainCom said in their latest newsletter on January
...More info on site
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EU: Malting barley market remains lacklustre due to low activity
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The EU malting barley market is still very lacklustre with limited turnover, GrainCom analysts said in their latest report.
The nominal values in the
...More info on site
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Denmark: Barley export surplus seen at up to 1 mln tonnes
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The export surplus of Denmark’s barley crop 2017 is seen at 0.9 to 1.0 mln tonnes, H. M. Gauger GmbH analysts reported in December.
...More info on site
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Russia: Russia shipping barley at record pace this season
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Russia is exporting barley at a record pace in the current 2017/18 season, UkrAgroConsult reported on January 11.
In November 2017, the nation shipped 489.4 thousand tonnes of barley, or 87% more than in November 2016.
Russia supplied over 3 mln tonnes of barley to foreign markets during the first five months of the season, or 78% more than at the same time last marketing year (1.69 mln tonnes). So, Russian barley exports hit a record high for this period.
According to UkrAgroConsult’s estimates, Russian barley exports may exceed 5 mln tonnes in the 2017/18 season.
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