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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.

Anheuser-Busch to pay US SEC $6 million to settle India bribery charges

SEC investigation found that Anheuser-Busch InBev SA used third-party sales promoters to make improper payments to officials in India to boost sales and production.

A man walks past the logo of Anheuser-Busch InBev at the brewer's headquarters in Leuven, Belgium February 26, 2014. REUTERS/Francois Lenoir/File photo

A man walks past the logo of Anheuser-Busch InBev at the brewer's headquarters in Leuven, Belgium February 26, 2014. REUTERS/Francois Lenoir/File photo

Brewing company Anheuser-Busch has agreed to pay $6 million to settle charges that it violated US anti-bribery laws and also "chilled a whistleblower," the US Securities and Exchange Commission said on Wednesday.

An SEC investigation found that Anheuser-Busch InBev SA used third-party sales promoters to make improper payments to officials in India to boost sales and production, the SEC said.

The company also entered into an agreement with a departing employee prohibiting the person from continuing to communicate with the SEC about potential anti-bribery law violations, the agency said.

A spokeswoman for Anheuser-Busch InBev SA, which neither admitted nor denied the SEC's findings, could not be immediately reached for comment.

Anheuser-Busch had inadequate internal accounting controls to detect and prevent the improper payments, despite repeated complaints from employees, the SEC said. The company also failed to ensure that transactions involving the promoters were recorded properly in its books and records.

29 Сен. 2016

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