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Flash Summary
Last five Flashes
Last five graphs
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The Statistics section includes Barley statistics, Malt statistics
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Malt Statistics section and the tables related to beer in
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E-Malt.com Flash 37b
September 14 - September 17, 2017
Quote of the Week
The aim of education is the knowledge not of facts but of values.
William Ralph Inge
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Currency Rates
Base Currency: Euro
on September 15, 2017 |
Base Currency: US Dollar
on September 15, 2017 |
| |
1 EUR = 1.1885 USD
1 EUR = 0.8912 GBP
1 EUR = 1.4501 CAD
1 EUR = 1.4877 AUD
1 EUR = 131.5500 JPY
1 EUR = 3.7295 BRL
1 EUR = 68.6950 RUB
1 EUR = 7.7918 CNY
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1 USD = 0.8408 EUR
1 USD = 0.7518 GBP
1 USD = 1.2183 CAD
1 USD = 1.2510 AUD
1 USD = 110.4700 JPY
1 USD = 3.1295 BRL
1 USD = 57.7706 RUB
1 USD = 6.5524 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 15, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 |  0.54% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 |  |
| 2RS Malt (FOB Antwerp) |
383.00-385.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
348.00-350.00 | |
| Feed Barley (FOB Creil) |
140.00-142.00 | 1.44% |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
184.00-186.00 | 0.54% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,254.00-1,256.00 | 0.80% |
| Malting Barley (West) |
1,254.00-1,256.00 | 0.80% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,234.00-1,236.00 | 0.82% |
| Malting Barley (West) |
1,234.00-1,236.00 | 0.82% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
367.00-369.00 |
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| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
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| 2-Row Malt, bulk, truck/railcar, Winnipeg |
609.00-611.00 |
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| 2-Row Malt, bulk in store, Vancouver |
629.00-631.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
199.00-201.00 |
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| Feed Barley, basis Winnipeg |
199.00-201.00 |
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| Feed Barley, bulk in store, Vancouver |
261.00-263.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
159.00-161.00 |
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| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
109.00-111.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
95.00-97.00 |
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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.
World: German beer output down 1.9% in January-July but Italy, Portugal, Latvia first-half results are very positive
...Click here
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Japan: Kirin Holdings pushing debt reduction in hopes to lay groundwork for future growth investments
...Click here
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World: Interest in low and zero-alcohol beer on the rise globally
...Click here
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World: World grain prices declined in August and have not recovered since
...Click here
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France: Barley crop estimate corrected, exports to neighbouring countries could total 3 mln tonnes
...Click here
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Vietnam: Beer industry prospering in part thanks to FTAs
...Click here
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UK: Beer giants marked as ‘threat to beer choice’ by CAMRA
...Click here
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UK: AB InBev introducing alcohol-free version of Budweiser in the UK
...Click here
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Australia: Craft beer drinkers want designated craft beer seal
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
German Malt Production, Export, Import, and Consumption
Barley Prices
Theoretical Malt Prices
These Days in Business History
14 September
1886 - George K Anderson of Memphis, Tennessee patents typewriter ribbon
1899 - Henry Bliss becomes 1st automobile fatality (NY)
1960 - Organization of Petroleum Exporting Countries (OPEC) forms
2000 - Microsoft releases Windows ME
15 September
1857 - Timothy Alder patents typesetting machine
1928 - Alexander Fleming discovers penicillin
1952 - European Parliament forms in Strasbourg
1959 - The first successful photocopier, the Xerox 914, is introduced
16 September
1905 - Roald Amundsen discovers Magnetic South Pole
1906 - William Crapo Durant incorporates General Motors in Janesville Wisconsin
1908 - The General Motors Corporation is founded
17 September
2000 - The International Monetary Fund issues its World Economic Outlook report, forecasting that "growth is projected to increase in all major regions of the world, led by the continued strength of the U.S. economy, the robust upswing in Europe, the consolidation of the recovery in Asia and the rebound from last year's slowdown in emerging markets." Just weeks later, most regions of the world are tilting toward recession
Agenda
September 2017:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
21-23: Warsaw Beer Festival 2018 (Warsaw, Poland)
22-23: Beertopia 2018 (Hong Kong, China)
23-24: Whisky Live Paris 2017 (Paris, France)
28-30: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
October 2017:
05-07: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
11-15: Mondial de la Biere Rio 2018 (Rio de Janeiro, Brazil)
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
26-28: drink technology India 2017 (New Delhi, India)
November 2017:
11: International MicroBrew Symposium 2017 (Munich, Germany)
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Brewery News
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World: German beer output down 1.9% in January-July but Italy, Portugal, Latvia first-half results are very positive
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German beer output in January-July this year was 55.5 mln hl, minus 1.9% as compared to the same period in 2016, H. M. Gauger
...More info on site
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Japan: Kirin Holdings pushing debt reduction in hopes to lay groundwork for future growth investments
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Kirin Holdings is rapidly reducing its interest-bearing debt, hoping to lay the groundwork for future growth investments as profitability improves, the Nikkei Asian Review
...More info on site
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World: Interest in low and zero-alcohol beer on the rise globally
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New research from global market intelligence agency Mintel reveals that over a quarter of consumers in France (28%) and Germany (27%) agree that low
...More info on site
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Vietnam: Beer industry prospering in part thanks to FTAs
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FTAs not only have helped reduce input costs of beer production, but have also turned Vietnam into a jumping board for foreign breweries to conquer the Southeast Asian and Asia Pacific markets, according to FPT Securities.
In Vietnam, the production of the input materials is still underdeveloped, so breweries have to import malt, hop and beer yeast.
According to FPTS, as brewers in Vietnam import nearly 100 percent of input materials, the proportion of the materials in COGS in Vietnam is higher than the average level in the world (70-90 percent). Malt, for example, accounts for 33 percent, while hop accounts for 2 percent of COGS and rice for 6 percent of COGS.
Therefore, membership in FTAs, under which import products, including malt, hop and beer yeast will become cheaper thanks to tariff cuts, will help the beer industry reduce production costs.
Eight FTAs will have a big impact on Vietnam’s beer industry, namely ATIGA (ASEAN countries), ACFTA (ASEAN-China), AKFTA (ASEAN-South Korea), VJEPA (Vietnam-Japan), AANZFTA (ASEAN – Australia – New Zealand), AIFTA (ASEAN-India), VCFTA (Vietnam-Chile) and VN-EAEUFTA.
Under Circular No 164/2013/TT-BTC, the preferential tariffs for malt, hop and beer yeast are 5 percent, 5 percent and 7 percent, respectively.
With these FTAs, the import tariffs have
...More info on site
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UK: Beer giants marked as ‘threat to beer choice’ by CAMRA
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Brewing behemoths such as AB InBev have been marked as a threat to beer choice by the Campaign for Real Ale’s (CAMRA) Good Beer Guide, the Morning Advertiser reported on September 14.
Despite the number of UK breweries rising to more than 1,700, the persistent push by big brands to enter new and emerging segments of the market, such as craft, stifled choice, said the 2018 edition of the guide.
Such a trend was cited by Sierra Nevada ambassador Steve Grossman at the recent Beavertown Extravaganza beer festival in London.
He said: “In the past 20 years this industry has gone nuts. The big breweries have taken notice of this as the sales of their flagship beers started going down.
“They didn't want to get into craft because the beer is expensive to make, but they had to try it, so they started making craft beer styles themselves, but the consumer didn't buy it.”
However, Good Beer Guide editor Roger Protz, who recently announced he is to retire from the position, criticised AB InBev in particular for becoming too dominant in the marketplace.
In a press release marking the launch of the 45 edition of the guide, Protz said: “While many consumers will not
...More info on site
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UK: AB InBev introducing alcohol-free version of Budweiser in the UK
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AB InBev has announced it is to introduce the alcohol-free version of Budweiser in the UK as part of the group’s expansion of its range of low-alcohol and no-alcohol beers, Bar Magazine reported on September 15.
Budweiser Prohibition is brewed to the same recipe, with the same ageing process with beechwood and quality standards as the core beer, just without the alcohol.
AB InBev said it would be introduced “later this year” in both the on-trade and retail. During the launch period, Budweiser Prohibition will be available in 330ml cans, with additional formats planned for next year.
The name is inspired by the first batches of Budweiser being produced during US Prohibition in the 1920s.
The announcement was made on September 15 as AB InBev celebrates its eighth annual Global Be(er) Responsible Day, which promotes smart drinking among the brewer’s staff and their consumers.
In the UK, AB InBev’s portfolio already includes the market-leading alcohol-free beer Beck’s Blue and the lower-alcohol Bud Light, which arrived in the UK in March this year, brewed to 3.5% ABV.
The expansion of this portfolio is part of AB InBev’s Global Smart Drinking Goals, where the brewer has pledged that 20% of all its beer volumes produced globally by 2025
...More info on site
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Australia: Craft beer drinkers want designated craft beer seal
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Producing a folksy brew is not enough for Australian craft beer drinkers: it must also come from an authentic, independent brewery, FoodNavigator-Asia.com reported on September 13.
That's according to the biggest publicly available survey of tastes in craft beer Down Under, which took into account the opinions of 17,000 consumers.
It found that 64% of craft aficionados wanted to know a brewery's ownership, while 99% said they preferred to buy their beer from and independent, Australian-owned brewery.
In comparison just a quarter were happy to buy craft beer from a large multi-national company and a third from supermarket-owned brands.
The 2017 Australian Craft Beer Survey, by craft retailer Beer Cartel, also showed strong interest for a seal to identify whether a beer is from an independent Australian brewery, with eight out of 10 respondents indicating that such a device would have a medium to large impact on the beer they purchase.
The A740 mln (UD$594 mln) craft beer segment is the only part of the Australian beer market which is in continuous growth, with overall consumption of beer in decline.
Indeed, industry researcher IBISWorld estimates craft production has been growing at an annual rate of nearly 10%.
Consumed by 92% of craft beer drinkers Australia-wide, Pale Ale
...More info on site
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Barley News
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World: World grain prices declined in August and have not recovered since
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In July/early August, adverse weather conditions and crop concerns had created a bullish sentiment in grain and oilseed markets, but on the 10th of
...More info on site
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France: Barley crop estimate corrected, exports to neighbouring countries could total 3 mln tonnes
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FranceAgriMer has corrected crop figures for winter barley to 9.6 and spring barley to 2.65 mln tonnes, H. M. Gauger GmbH reported earlier in
...More info on site
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