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4-2017

Global hop market

A local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms. 

Hop Market in Russia

Germany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.

Australia: GrainCorp reports limited supply of malting barley in most regions

GrainCorp on Thursday advised that it had released the company’s harvest report for the 2010/11 harvest. The wetter than normal harvest conditions, particularly compared to 2009/10, affected grain quality in a number of ways: Levels of screenings were generally lower; Grain size was larger; Test weights were lower; and Moisture content of grain received was higher, GrainCorp said.

Barley quality

The ratio of malting to feed barley was low, resulting in a limited supply of malting barley in most regions. Barley protein levels were down compared to 2009/10, and moisture was higher.

Wheat quality

The analysis of milling wheat quality indicates that protein levels were similar to last season, and Falling Number values, while lower than the previous season, indicated that APH, AH, APW, and ASW grades are all sound and suitable for all relevant milling and baking applications.

Feed grades accounted for approximately 50% of the eastern Australian wheat crop delivered into the GrainCorp storage network. The quality tests conducted on feed wheat indicate that metabolisable energy yields for both cattle and sheep are within the normal range, and represent excellent value for stockfeed manufacture.

Importantly, considering the prevailing harvest conditions and the presence of elevated levels of ‘white grain’ in many regions, Mycotoxin and Aflatoxin levels were below the limits of detection for the relevant tests.

Canola quality

Canola moisture levels were higher than the previous season, and test weights were lower. Protein levels were average, and seed size was large.

(The report contains technical data describing the quality of wheat, barley, and canola harvested in eastern Australia and received into the GrainCorp storage network.)

GrainCorp’s core business is the receival and storage of grain, as well as related commodities. It also provides logistics and markets these commodities.

21 Apr. 2011

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