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

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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. (more…)

Heineken sees 2011 cost pressure after strong Q1

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Heineken NV (HEIN.AS), the world’s third-largest brewer, increased beer sales in all regions of the world in the first quarter, but it warned that its strong earnings would not be replicated throughout the year. (more…)

Global brewers: too much froth

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Order a beer in Amsterdam and it is served with a big foamy head, something that can make drinkers feel they are the victim of the publican’s cost saving programme. Investors in Dutch brewer Heineken may feel the same way. (more…)