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E-Malt.com Flash 44b October 31 - November 03, 2019
Quote of the Week
I don't dream at night, I dream all day; I dream for a living.
Steven Spielberg
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Currency Rates
Base Currency: Euro on November 01, 2019 |
Base Currency: US Dollar on November 01, 2019 |
|
1 EUR = 1.1156 USD
1 EUR = 0.8623 GBP
1 EUR = 1.4683 CAD
1 EUR = 1.6158 AUD
1 EUR = 120.8500 JPY
1 EUR = 4.4603 BRL
1 EUR = 71.3266 RUB
1 EUR = 7.8539 CNY
|
|
1 USD = 0.8963 EUR
1 USD = 0.7729 GBP
1 USD = 1.3162 CAD
1 USD = 1.4483 AUD
1 USD = 108.3200 JPY
1 USD = 3.9981 BRL
1 USD = 63.9358 RUB
1 USD = 7.0401 CNY
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Currency Rates Chart

Equities of the Largest Breweries
Average Market Prices Change Trend
November 01, 2019 |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
157.50-159.50 | 0.63% |
6RW Malting Barley (FOB Creil) |
158.00-160.00 |  |
Feed Barley (FOB Creil) |
159.00-161.00 | 0.62% |
2RS Malt (FOB Antwerp) |
348.50-350.50 | 0.19% |
6RW Malt (FOB Antwerp) |
349.50-351.50 | 0.16% |
French Barley/Malt Crop 2020 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
174.50-176.50 | 0.57% |
6RW Malting Barley (FOB Creil) |
168.00-170.00 | 0.59% |
2RS Malt (FOB Antwerp) |
369.00-371.00 | 0.33% |
6RW Malt (FOB Antwerp) |
361.00-363.00 | 0.34% |
German Malting Barley Crop 2019 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
174.50-176.50 | 0.06% |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,184.00-1,186.00 |  |
Malting Barley (West) |
1,184.00-1,186.00 |  |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Ethiopia: International Finance Corporation invests EUR20 mln in Soufflet Malt Ethiopia
...Click here
|
World: Carlsberg reports increase in Q3 sales, buys remaining 25% in Cambodian brewery Cambrew
...Click here
|
Japan: Asahi CEO doubling down on beer as survival strategy
...Click here
|
Nigeria: International Breweries to raise $457.7 million in share sales this year
...Click here
|
Brazil: Coca-Cola Femsa and Heineken announce end of distribution arbitration in Brazil
...Click here
|
World: AB InBev brewing Corona outside of Mexico to meet ever-increasing demand
...Click here
|
Kenya: Diageo relying on “backward integration” in Kenya
...Click here
|
USA: Hoegaarden’s non-alcoholic beer expanding to the US
...Click here
|
UK: Brewers say pre-Christmas strike by drinks delivery company not to affect pubs’ stocks
...Click here
|
Graph of the week
Table of the week
The 40 Largest Breweries Worldwide 2018
Prices Evolution
Barley Prices
Theoretical Malt Prices

Scientific Digest
SUSTAINABILITY IN HOPS PRODUCTION
ABSTRACT
To compare the energy consumption of hop drying is
part of a holistic sustainability review of hop production.
This US team looked into the general sustainability
challenges in beer production including hops production.
Sustainability is often thought of solely in context of
the environment, but it is recognized to encompass
the integration of economic development, social
development, and environmental protection, which are
referred to as the three pillars of sustainability. If we look
at it from an environmental perspective the method of
LCA (life cycle analysis) is often used, which means to
look at the different parts/ingredients from "cradle to
grave". The brewery in general is a large consumer of water and energy. Published figures are 8-12 kWH, 5hl of
water 150 MJ of fuel energy to produce 1 hl of beer plus
13.6 kg of spent grain and 4 kg of spent yeast produced.
Speaking in Carbon foot print a published study
indicates that packaging accounts for 40%, and raw
materials for 22% (mainly barley). Although the impact
of hops was found to be small in this review, the quantity
of hops required for brewing hop forward beers is much
higher. A beer with 110 g of hops/hl of beer can equal
0.2% of the total carbon footprint. A tenfold usage of
hops of 1.1kg/hl beer would mean 2% of the total carbon
footprint. Parameters for hops production are machinery,
irrigation, fertilization, soil emissions and pesticides
usage and kilning. Overall estimates of emissions
equivalents ranged from ~3.5 to 5.5 kg of CO2e per
kilogram of hops in all cases, estimates were substantially
higher than literature values for the production of malt
on a kilogram per kilogram basis, which were reported
by TCC as 0.91 kg of CO2e per kilogram. Meanwhile
the hop industry is providing sustainability reports.
REFERENCES:
Dean G. Hauser et al: An Overview of Sustainability Challenges in Beer Production, and the Carbon Footprint of Hops Production, MBAA TQ vol. 56, no. 4, 2019, pp. 00-00
Source: Barth Innovations
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These Days in Business History
31 October
1904 - King Camp Gillette patents the safety blade and razor
1938 - Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980
1952 - TV broadcasting begins in Belgium
2011 - The global population of humans reaches seven billion. This day is now recognized by the United Nations as Seven Billion Day
01 November
1512 - Michelangelo's paintings on ceiling of Sistine Chapel, 1st time exhibited
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
1894 - Vaccine for diphtheria announced by Dr Roux of Paris
1982 - Honda becomes the first Asian automobile company to produce cars in the United States with the opening of its factory in Marysville, Ohio. The Honda Accord is the first car produced there
1993 - The Maastricht Treaty takes effect, formally establishing the European Union
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
Agenda
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
January 2020:
31 - 01 February: Braukunst Live! 2020 (Munich, Germany)
February 2020:
04 - 08: Great British Beer Festival Winter 2020 (Norwich, UK)
07 - 10: HoReCa 2020 (Athens, Greece)
07 - 09: Finest Spirits 2020 (Munich, Germany)
15 - 18: Beer Attraction 2020 (Rimini, Italy)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)
March 2020:
09 - 11: 107th Brewing and Engineering Congress 2020 (Rust, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
April 2020:
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)
May 2020:
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
Malt News
|
Ethiopia: International Finance Corporation invests EUR20 mln in Soufflet Malt Ethiopia
|
International Finance Corporation (IFC), a member of the World Bank Group, announced on October 31 a €20 million investment in Soufflet Malt Ethiopia, the
...More info on site
|
Brewery News
|
World: Carlsberg reports increase in Q3 sales, buys remaining 25% in Cambodian brewery Cambrew
|
Carlsberg reported a 5.3% rise in third quarter sales, boosted by strong sales in Asia and Western Europe, and said it had agreed to
...More info on site
|
Japan: Asahi CEO doubling down on beer as survival strategy
|
The biggest dealmaker in Japan this year has one thing on his mind: beer, and then more beer — more than $20 billion worth
...More info on site
|
Nigeria: International Breweries to raise $457.7 million in share sales this year
|
International Breweries Plc, the Nigerian unit of AB InBev SA, said it plans to raise as much as 165 billion naira ($457.7 million) in
...More info on site
|
Brazil: Coca-Cola Femsa and Heineken announce end of distribution arbitration in Brazil
|
Coca-Cola Femsa SAB de CV and Heineken NV announced late on October 31 the end of an arbitration on contracts of beer distribution in Brazil favorable to Femsa, Reuters reported.
Both companies said beverages produced by Cervejaria Kaiser, acquired by Heineken in 2010, will continue to be distributed by Coca Cola bottlers in Brazil through 2022.
With the arbitration decision, Heineken will have to keep two separate distribution networks for its beers in Brazil, the Kaiser system and one it purchased from Kirin Holdings Co in 2017.
The Dutch company initiated an arbitration two years ago seeking to end the contracts sooner to unify its distribution.
|
World: AB InBev brewing Corona outside of Mexico to meet ever-increasing demand
|
Corona started local production on markets outside Mexico due to the need of its owner Anheuser-Busch InBev of satisfying high demand and solving supplies problems, The Yucatan Times reported on October 30.
“The decision of producing Corona locally allows us to increase market availability and to provide a better service to our clients in terms of delivery time. In the third place, it offers more variety in terms of SKU and we also rationalize our logistics and, by doing so, we reduce our carbon footprint, something Corona consumers deeply care about,” said Carlos Brito, CEO of the multinational brewery.
After AB InBev purchased Grupo Modelo in 2013, all Mexican brands now belong to the Belgian-Brazilian corporate, which had already had an impact on the Mexican origin of the brand. Moving its production to China could further affect the brand’s identity.
AB InBev produces part of its global beers in different markets: Budweiser in China, Stella Artois in Brazil, and Bud Light in Mexico.
Brito said that “Corona has grown and it has been increasingly demanded by consumers all over the world, with fast growth, outside Mexico and it grew 21% this trimester.”
“To begin Corona’s production in all the world, we have a Mexican master
...More info on site
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Kenya: Diageo relying on “backward integration” in Kenya
|
It is 4pm in a country pub on the outskirts of Kisumu, a port on Lake Victoria. The establishment, set in fields off the main road, is built of crude brick with a tin roof. Inside the spacious yellow interior, which is round like a traditional hut, bottles of beer and spirits are ranged on shelves in a serving area protected by steel bars. At this hour there are just two men sat on barstools. A third, seated apart at a table, is slowly sipping a half-pint of dark beer through a straw, the Financial Times reported on October 31.
The beer in question is Senator Keg, a draught brew developed by Diageo, a UK-based drinks multinational, as a cheap alternative to bottled beer and what John O’Keeffe, the president of Diageo Africa, calls “a ladder” to the company’s costlier brands, including Tusker and Guinness.
Senator Keg comes in two varieties, a lager priced at Ks35 for a half-pint — roughly 35 US cents — and the less expensive darker version, which costs about a quarter of a bottled beer.
Distributed in 50-litre metal barrels and produced from locally grown white sorghum, it is manufactured in a $140m state of the art brewery
...More info on site
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USA: Hoegaarden’s non-alcoholic beer expanding to the US
|
Hoegaarden’s non-alcoholic beer is expanding beyond Europe: with pilots in Rochester and Philadelphia in the US currently under way. While Europe has been leading the low and no ABV beer category, Anheuser-Busch believes the US will catch up, BeverageDaily.com reported on October 31.
Known in Europe as Hoegaarden 0.0, the non-alcoholic brew is already firmly established in Europe (no and low alcohol versions now make up half of Hoegaarden's Belgian retail volumes) and is expanding globally (such as with its launch in India earlier this year).
The brand is now looking to the US: with the current pilot helping it understand what American consumers want from the alcohol-free category.
It’s already seen interest from soft drink consumers looking for something new and healthier; while also opening up drinking occasions outside the traditional beer space.
The brand's history goes back some 600 years, with the Belgian wheat beer Hoegaarden White initially brewed by monks in the town of Hoegaarden.
Hoegaarden White (4.9% ABV) is widely available in the US: but Hoegaarden Soft Brew is the first non-alcoholic version to be introduced in the country.
It is using the same recipe as Hoegaarden 0.0 in Europe, but with a different name and different packaging for the
...More info on site
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UK: Brewers say pre-Christmas strike by drinks delivery company not to affect pubs’ stocks
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Workers at a UK drinks delivery company – with customers including Carlsberg, Coors, Greene King and Mitchells & Butlers – have agreed to strike in the run-up to Christmas, the Morning Advertiser reported on October 31.
Logistics company Tradeteam said there would be no impact on deliveries to customers in the event of strike action at its Enfield depot in north London.
However, union Unite said a “rolling programme of strike dates” yet to be announced by drivers, draymen and warehouse staff would hit Tradeteam customers in the lead-up to Christmas.
Around 100 workers voted for action over what Unite described as a lack of managerial good faith over pay discussions.
Employees agreed to strike after an agreement for a pay increase fell through, with 65% of workers at the Millmarsh Lane site voting for action.
Brewing companies Molson Coors and Carlsberg said that pubs’ stocks would not be hit by any action and they remained hopeful strikes could be avoided.
A spokesperson for Molson Coors said: “We’re disappointed with the ballot result but, in the event a strike goes ahead, we’ll be working closely with Tradeteam to ensure continuity of supply for our customers.
“We know that talks between Tradeteam and Unite
...More info on site
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