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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

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All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.

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E-Malt.com Flash 07b
February 15 - February 18, 2018

Quote of the Week

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Leo Buscaglia

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Currency Rates

Base Currency: Euro
on February 16, 2018
Base Currency: US Dollar
on February 16, 2018
      1 EUR = 1.2493 USD
1 EUR = 0.8866 GBP
1 EUR = 1.5604 CAD
1 EUR = 1.5757 AUD
1 EUR = 133.1100 JPY
1 EUR = 4.0254 BRL
1 EUR = 70.6718 RUB
1 EUR = 7.9261 CNY
      1 USD = 0.8012 EUR
1 USD = 0.7116 GBP
1 USD = 1.2492 CAD
1 USD = 1.2604 AUD
1 USD = 106.4300 JPY
1 USD = 3.2217 BRL
1 USD = 56.5918 RUB
1 USD = 6.3439 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

February 16, 2018
French Barley/Malt
Crop 2017
2RS Malting Barley (FOB Creil) 186.50-188.50 -
6RW Malting Barley (FOB Creil) 156.00-158.00 down0.63%
2RS Malt (FOB Antwerp) 386.00-388.00 -
6RW Malt (FOB Antwerp) 348.50-350.50 down0.35%
Feed Barley (FOB Creil) 153.00-155.00-
French Barley/Malt
Crop 2018
2RS Malting Barley (FOB Creil) 184.50-186.50 -
6RW Malting Barley (FOB Creil) 157.00-159.00 -
2RS Malt (FOB Antwerp) 380.00-382.00 -
6RW Malt (FOB Antwerp) 346.50-348.50 -
Feed Barley (FOB Creil) nq 
German Malting Barley
Crop 2017
Ex Farm
Average Malting Barley Price 191.00-193.00 down0.06%
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
Malting Barley (East) 1,194.00-1,196.00 down2.45%
Malting Barley (West) 1,194.00-1,196.00 down2.45%
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
Malting Barley (East) 1,174.00-1,176.00 -
Malting Barley (West) 1,174.00-1,176.00 -
Canadian Barley/Malt
Crop 2017
2-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malting Barley, bulk in store, Vancouver nq  
6-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malt, bulk, truck/railcar, Winnipeg 649.00-651.00 -
2-Row Malt, bulk in store, Vancouver 649.00-651.00 -
6-Row Malt, bulk, truck/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge nq  
Feed Barley, basis Winnipeg nq  
Feed Barley, bulk in store, Vancouver nq  
US Barley
Crop 2017
2-Row Malting Barley, bulk, railcar Great Falls, Montana 170.00-172.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 115.00-117.00 -
Feed Barley, basis Minneapolis, Minnesota 121.00-123.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news Japan: Suntory Beverage & Food increases net profit by 9% last year ...Click here
Brewery news Malaysia: Carlsberg Brewery Malaysia posts 6% increase in Q4 profit ...Click here
Brewery news Australia: Kirin’s Lion Co sees another year of declining sales and earnings in 2017 ...Click here
Brewery news Malaysia: Heineken Malaysia Bhd’s outlook for 2018 cautiously optimistic ...Click here
Brewery news USA: Mexican brands continues to dominate US beer imports ...Click here

Barley news Canada: Barley export moving at incredible clip in 2017-18 ...Click here
Barley news EU: Big barley import tender from Saudi Arabia adding pressure on EU supplies ...Click here

More Industry News

Brewery news USA: Beer dollar sales up 3% in January this year ...Click here
Brewery news Estonia: Roughly one third of all beer consumed in Estonia last year was bought in Latvia ...Click here
Brewery news Hong Kong: Gweilo Beer ready to launch its new US$5 mln brewery ...Click here
Brewery news India: Karnataka government announces alcohol excise duty hike by 8% ...Click here
Brewery news Turkey: Turkey to require license for importing distilled alcohol ...Click here
Brewery news USA: Constellation Brands appoints Bill Newlands as President and Chief Operating Officer ...Click here

Graph of the week

Source: Deutscher Maelzerbund e. V.

Table of the week

South America Barley Production, Import, Consumption, and Ending Stocks

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


In the world of hops, the male plants are mostly considered as gate-crashers and utilised only for controlled pollination. In English hops, pollinated cones are accepted, however over the centuries prejudices have been established that seeded hops decrease flavour stability due to increased amounts of fatty acids and also cause lower alpha acid concentration. These German researchers were able to show in comparative brewing trials with seeded and unseeded hops that these two points are not necessarily true. However they also discovered that the beers with seeded hops showed a higher beta-glucosidase activity, though a higher content of aroma active compounds and a higher aroma intensity in the beers could not be shown. So there is maybe too much ado about nothing.


Haselback, K.: Characterization of the Unfertilized and Fertilized Hop Varieties Progress and Hallertauer Tradition - Analysis of Free and Glycosidic-Bound Flavor Compounds and Beta-Glucosidase Activity, November / December 2017 (Vol. 70)

Source: Barth Innovations

These Days in Business History

15 February
1946 - Bank of England nationalized
1955 - 1st pilot plant to produce man-made diamonds announced
1995 - Dow-Jones closes at record 3986.17

16 February
1978 - 1st Computer Bulletin Board System (Ward and Randy's CBBS, Chicago)
1990 - Cisco Systems, Inc. goes public on NASDAQ, selling 2.8 million shares at an initial offering price of $18 per share
1998 - Tellabs Inc. acquires Coherent Communications Systems for $670 million

17 February
1878 - Silver dollar became U.S. legal tender
1986 - 1st Francophone Summit convenes at Versailles
1989 - Egypt, Iraq, Jordan and North Yemen form common market

18 February
1933 - 1st issue of Newsweek magazine published
1939 - Golden Gate International Exposition opens on Treasure Island
1981 - Chrysler Corporation reports largest corporate losses in U.S. history


February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)

March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
16-18: Barcelona Beer Festival 2018 (Barcelona, Spain)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)

April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)

May 2018:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)

June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)

10-13: ASBC Malt Flavor and Aroma Symposium 2018 (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)

August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)

September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)

October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)

November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)

More events are available on site e-malt.com

BreweryBrewery News Brewery

Brewery newsJapan: Suntory Beverage & Food increases net profit by 9% last year
Suntory Beverage & Food, a core unit of Suntory Holdings, reported on February 15 a 9% rise in group net profit to 78.1 ...More info on site

Brewery newsMalaysia: Carlsberg Brewery Malaysia posts 6% increase in Q4 profit
Carlsberg Brewery Malaysia Bhd, whose share price closed at a record high of RM16.66 on February 14, posted a 6% year-on-year rise in its ...More info on site

Brewery newsAustralia: Kirin’s Lion Co sees another year of declining sales and earnings in 2017
Japanese brewer Kirin is hoping for a turnaround at food and beverages group Lion Co this year after another year of declining sales and ...More info on site

Brewery newsMalaysia: Heineken Malaysia Bhd’s outlook for 2018 cautiously optimistic
Heineken Malaysia Bhd which has a cautiously optimistic outlook for 2018, will continue to invest in automation to improve efficiency, The Sun Daily reported ...More info on site

Brewery news USA: Mexican brands continues to dominate US beer imports
Corona and Dos Equis lovers made Mexico the supplier of more than two out of three imported beers in the U.S. last year, Bloomberg reported on February 15.

Mexico exported a staggering 712 million gallons to its northern neighbor. That’s the most among exporting nations, according to data from the Beer Institute. The Netherlands came in second place, exporting 145 million gallons for a market share of almost 14 percent. Belgium, Canada and Germany followed with single-digit market-share figures.

The most popular Mexican brands include Corona Extra and Modelo Especial, both manufactured for the U.S. market by Constellation Brands, and Dos Equis and Tecate, produced by Heineken NV’s Cuauhtemoc Moctezuma unit.

Brewery news USA: Beer dollar sales up 3% in January this year
Following a year of flat sales at off-premise retail in 2017, U.S. beer dollar sales increased 3 percent through the first four weeks of 2018, according to retail data provider IRI Worldwide.

IRI, a Chicago-based market research firm that tracks category-wide sales trends at off-premise retailers, reported total U.S. dollar sales of about $2.2 billion through January 28 in its multi-outlet and convenience (MULC) universe of stores (grocery, drug, club, dollar, mass-merchandiser and military).

Positive volume sales trends continued in three segments — imports (7.3 percent), craft beer (4.4 percent) and domestic super premiums (12.3 percent). And, after a year of decline, early volume sales trends improved for flavored malt beverages (9.8 percent).

However, volume sales of domestic premium beers (Budweiser, Bud Light, Coors Light and Miller Lite, among others) continued to slide, about 2.1 percent.

Portfolio-wide sales trends improved for Samuel Adams-maker Boston Beer Company in January, as the company increased dollar sales 10.3 percent. Scan data showed dollar sales of the latest Samuel Adams seasonal release up 85.8 percent versus last year. However, the negative dollar sales trends continued for the company’s flagship brands, Samuel Adams Boston Lager (-15.3 percent) and Rebel IPA (-22.8 percent), during the four-week period.

Several other beer companies ...More info on site

Brewery news Estonia: Roughly one third of all beer consumed in Estonia last year was bought in Latvia
Though producers only publish their numbers for the previous year in the second half of February, Estonia’s two biggest beer producers, Saku and A. Le Coq, confirmed to ERR's Estonian news portal last week that taking into account the amount of beer that was brought in from Latvia, domestic consumption of the drink has increased, and roughly a third of all beer consumed in Estonia last year was bought in Latvia, ERR News reported.

A. Le Coq's CEO, Tarmo Noop, told ERR that in the second half of 2017 more than a third of their production was sold to shops at the southern border. In December, the company sold more than 40 percent of its total volume there, which Noop said is a new record.

At the beginning of the year that share had been at 10-11 percent, Noop added.

A. Le Coq are not the only ones seeing a boom: Saku's sales director, Jaan Härms, told ERR's Vikerraadio that the share of cross-border trade in their business is still growing at a quick pace.

Credit card statistics confirm this as well, with the amount of money spent across the border in Latvia growing every month, also peaking in December.

Stores on the ...More info on site

Brewery news Hong Kong: Gweilo Beer ready to launch its new US$5 mln brewery
The transformation of Hong Kong craft beer company Gweilo Beer, from humble beginnings operating in a spare bedroom to a purpose-built, 1,300-square-metre (14,000-square-foot), US$5 million brewery, is almost in the can, the South China Morning Post reported on February 14.

Brewing trials began on February 8 and tests are almost complete on a state-of-the-art, US$1.2 million Italian canning machine, capable of producing 6,000 cans per hour. The facility in Fo Tan, in Hong Kong’s New Territories, will be Hong Kong’s largest craft-beer brewery and one of  Asia’s most advanced. Full-scale production is slated to start at the end of this month.

Moving to its own brewery is necessary because Gweilo – which Ian Jebbitt, 33, co-founded in 2015 with his wife, Emily, 34, and their friend Joe Gould, 35, who are all British – could not meet rising demand at the shared premises it was using.

Ian Jebbitt says: “There’s growing interest in craft beers – beer with no additives or preservatives, made in smaller batches with traceability, and created with a bit of love and passion.”

Since October, brewing equipment from Canada, a bottling machine from Germany capable of producing 3,000 bottles an hour, a centrifuge from Sweden, a  custom-made chiller from the US and ...More info on site

Brewery news India: Karnataka government announces alcohol excise duty hike by 8%
Liquor stocks hogged limelight in the afternoon trade on Friday, February 16 after Karnataka government hiked the excise duty on alcohol products by 8 per cent, the Economic Times reported.

Chief Minister of Karnataka Siddaramaiah presented the state’s Budget for 2018-19 in the state assembly on February 16.

Reacting on the news, shares of United Breweries slipped over 3 per cent to Rs 1,006.55 at around 1 pm (IST). United Spirits was down 1 per cent at Rs 3,280.05 at around the same time, whereas benchmark BSE Sensex was trading 124 points, or 0.36 per cent, down at 34,173 in the afternoon trade.

Shares of other liquor firms including Ravi Kumar Distilleries, Radico Khaitan, Pioneer Distilleries and Empee Distilleries were among top losers with a loss of 5 per cent, 2.87 per cent, 2.76 per cent, 2.65 per cent, respectively.

Brewery news Turkey: Turkey to require license for importing distilled alcohol
Turkey is to require a special license for the import of distilled alcohol used in the production of home-made alcoholic drinks and for the tobacco and papers used for self-rolled cigarettes following a beer company’s complaint that the Treasury was losing tax revenue, opposition Halk TV said on February 16.

The decision, published in the Official Gazette on February 16, means that the import of ethyl alcohol, methanol, tobacco, tobacco products, rolling papers and cigarette filters will require a document from the Food, Agriculture and Livestock Ministry.

In addition, the measure bans the free circulation of concentrated alcohols that can be used as ingredients in the preparation of alcoholic drinks.

The measure comes after the Chairman of Anadolu Group, which controls approximately 80 percent of Turkey’s beer market, spoke out against home brewers.

“Alcohol sales have fallen due to an increase in home brewing,” Tuncay Özilhan said. “Home brewing also leads to a loss of tax revenue. We have shared our views on this with authorities.”

After beer consumers on Turkish social media platform Ekşisözlük organised a boycott of Anadolu Group’s flagship beer brand Efes, Özilhan issued an apology for his remarks.

Brewery news USA: Constellation Brands appoints Bill Newlands as President and Chief Operating Officer
Constellation Brands has promoted Bill Newlands to the post of President and Chief Operating Officer, effective immediately, Namnews reported on February 14.

He takes over the role of President from Rob Sands, who will remain as CEO.

Newlands joined Constellation in 2015, and was made COO in 2017. In his expanded role, Newlands will have oversight and accountability for all operating aspects of the company and “advancing Constellation Brands’ position as an industry leader”.

BarleyBarley News Barley

Barley news Canada: Barley export moving at incredible clip in 2017-18
Canada’s barley export has been moving at an incredible clip so far in the 2017-18 crop year, the Western Producer reported on February 15.

Exporters shipped 925,300 tonnes of barley through week 27 of the campaign, an 85 percent increase over the same period the previous crop year.

“It’s pretty phenomenal this year,” said Phil de Kemp, executive director of the Barley Council of Canada.

“Virtually all of that is malting barley for the surging beer market in China.”

Just a little over halfway through the 2017-18 marketing campaign, exports are 425,300 tonnes ahead of last year’s pace.

That brings into question Agriculture Canada’s full-year export forecast of 2.45 million tonnes, which is 128,000 tonnes more than the previous year. The forecast includes the barley equivalent of malt exports.

Brennan Turner, president of FarmLead, believes exports will end up between 2.8 and 2.9 million tonnes, which means carryout will be smaller than Agriculture Canada’s 1.55 million tonne estimate.

Derek Squair, president of Agri-Trend Marketing, agrees that Agriculture Canada is going to have to revise its numbers at some point if exports keep up the current pace.

And he believes that will happen because China’s demand is strong and Canada’s quality is exceptional.

Unfortunately, he does not believe that will ...More info on site

Barley news EU: Big barley import tender from Saudi Arabia adding pressure on EU supplies
Strategie Grains on February 15 cut its forecast for the European Union’s soft wheat exports this season, citing poor competitiveness of French and Polish wheat on the world market.

The private analyst firm cut French non-EU exports to 8.5 million tonnes, well below the forecast of 9.0 million given by farming agency FranceAgriMer on February 14. It also put French end of season stocks much higher than the agency.

“It’s not a pretty picture for French farmers,” one futures dealer said. “There’s going to be a huge carry-out (stock) unless the picture alters significantly.”

Weekly EU data confirmed the sluggish pace of overall exports from the bloc. By Feb. 13, EU soft wheat exports were 19 percent below last season’s pace at 12.8 million tonnes.

Exporters have faced stiff competition from cheaper origins like Russian and Argentine wheat, while low international prices have discouraged west European farmers from selling.

Barley was in focus again, with a big import tender from Saudi Arabia adding to pressure on supplies.

“In barley, it’s really difficult to find available merchandise without paying a high price,” one French broker said.

Saudi Arabia is seeking 960,000 tonnes of barley in a tender with a bidding deadline on Friday, February 16.

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