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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 Business history
RombBullet Agenda
RombBullet News articles

Last five Flashes

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Last five graphs

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Last five tables

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 22b
May 30 - June 02, 2019

Quote of the Week

Give my people plenty of beer, good beer and cheap beer, and you will have no revolution among them.
Queen Victoria

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Currency Rates

Base Currency: Euro
on May 31, 2019
Base Currency: US Dollar
on May 31, 2019
      1 EUR = 1.1134 USD
1 EUR = 0.8822 GBP
1 EUR = 1.5034 CAD
1 EUR = 1.6089 AUD
1 EUR = 122.0900 JPY
1 EUR = 4.4225 BRL
1 EUR = 72.3842 RUB
1 EUR = 7.6867 CNY
      1 USD = 0.8980 EUR
1 USD = 0.7923 GBP
1 USD = 1.3503 CAD
1 USD = 1.4449 AUD
1 USD = 109.6500 JPY
1 USD = 3.9720 BRL
1 USD = 65.0116 RUB
1 USD = 6.9038 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

May 31, 2019
French Barley/Malt
Crop 2018
2RS Malting Barley (FOB Creil) 174.50-176.50 down0.57%
6RW Malting Barley (FOB Creil) 167.00-169.00 -
2RS Malt (FOB Antwerp) 373.00-375.00 down0.33%
6RW Malt (FOB Antwerp) 364.00-366.00 -
Feed Barley (FOB Creil) 163.00-165.00up1.23%
French Barley/Malt
Crop 2019
2RS Malting Barley (FOB Creil) 183.50-185.50 down0.54%
6RW Malting Barley (FOB Creil) 168.00-170.00 up0.60%
2RS Malt (FOB Antwerp) 380.00-382.00 down0.32%
6RW Malt (FOB Antwerp) 361.00-363.00 up0.34%
German Malting Barley
Crop 2018
Ex Farm
Average Malting Barley Price 191.00-193.00 up0.73%
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
Malting Barley (East) 1,394.00-1,396.00 -
Malting Barley (West) 1,394.00-1,396.00 -
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
Malting Barley (East) 1,394.00-1,396.00 -
Malting Barley (West) 1,394.00-1,396.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news World: Global alcohol consumption declines 1.6% last year ...Click here
Brewery news Thailand: ThaiBev’s beer sales increase 13.3% in fiscal Q2 ...Click here
Brewery news The Czech Republic: Beer exports reach record 5.16 mln hl last year ...Click here
Brewery news Australia: Beer annually contributes A$16.5 bln to Australia’s economy ...Click here
Brewery news Brazil: Heineken to renovate four of its plants in Brazil ...Click here

Barley news Canada: CMBTC provides latest update on Canada’s barley plantings ...Click here

More Industry News

Brewery news USA & Mexico: Constellation Brands' stock drops 6% as new tariffs could raise Corona, Modelo import costs ...Click here
Brewery news India: Brewer Bira91’s parent company raises $5.58 mln in funding ...Click here
Brewery news Canada: Ontario’s Brick Brewing Co. reports higher EBITDA, net revenue in Q1 this year ...Click here

Graph of the week

Table of the week

EU Barley Production Forecast

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

These Days in Business History

30 May
1872 - Mahlon Loomis patents wireless telegraphy
1928 - John Keith Wright is born, English economist/asst sect of state, 1971-84
1974 - The Airbus A300 passenger aircraft first enters service
1975 - European Space Agency, ESA, forms

31 May
1879 - 1st electric railway opens at Berlin Trades Exposition
1974 - The first money-market mutual fund with checkwriting privileges, Fidelity Daily Income Trust, opens for business
1977 - The Trans-Alaska Pipeline System completed
2000 - Lucent Technologies announces that it is buying Chromatis Networks, an optical networking company, for $4.5 billion

01 June
1812 - The State of New York charters a new institution called City Bank of New York, called today Citigroup
1880 - 1st pay telephone installed
1939 - Stockbrokers are officially designated as "registered representatives"
1980 - Cable News Network (CNN) begins broadcasting
2009 - General Motors files for Chapter 11 bankruptcy. It is the fourth largest United States bankruptcy in history

02 June
1891 - Work on trans-Siberian railway begins
1907 - Taxis 1st began running in New York City
1977 - Trans Alaska oil pipeline completed


May 2019:
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)

June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)

July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)

August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)

September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)

October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)

November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)

December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com

BreweryBrewery News Brewery

Brewery newsWorld: Global alcohol consumption declines 1.6% last year
Drinkers across the globe consumed a total of 27.6 billion nine-litre cases of alcohol last year – a decline of 1.6%, according to IWSR ...More info on site

Brewery newsThailand: ThaiBev’s beer sales increase 13.3% in fiscal Q2
A slump in liquor sales for Thai Beverage Plc’s (ThaiBev) fiscal second quarter contributed to an 8.6 per cent drop in net profit at ...More info on site

Brewery newsThe Czech Republic: Beer exports reach record 5.16 mln hl last year
Czech breweries exported a record 5.16 million hectolitres of beer last year, an increase of over 11 percent in 2018, the Czech Beer and ...More info on site

Brewery newsAustralia: Beer annually contributes A$16.5 bln to Australia’s economy
Australian beer has been shown to be a huge supplier of local jobs as well as a major economic driver and large revenue raiser ...More info on site

Brewery newsBrazil: Heineken to renovate four of its plants in Brazil
Heineken NV will invest 550 million reais ($139 million) to renovate four of its plants in Brazil, the company said in a statement.

Heineken will ...More info on site

Brewery news USA & Mexico: Constellation Brands' stock drops 6% as new tariffs could raise Corona, Modelo import costs
Shares of Constellation Brands STZ dropped more than 6% in premarket trading on May 31 on the back of President Donald Trump 's threat to slap tariffs on all Mexican imports, Yahoo Finance reported.

The drop put the maker of Mexican beers like Corona and Modelo on track for its biggest one-day loss since Jan. 9, when it fell 12.4%.

On May 30, Trump tweeted the state will impose a 5% tariff on all goods coming from Mexico starting June 10 "until such time as illegal migrants coming through Mexico, and into our Country, STOP."

The White House then said in a statement that levies on Mexican imports would increase up to 25% if immigration issues along the U.S.-Mexico border persisted. Mexico President Andres Manuel Lopez Obrador responded to the threat in a letter to Trump, saying: "Social problems cannot be resolved with taxes or coercive measures."

Tariffs on Mexican goods would dent Constellation Brands' stock and bottom line. According to Morgan Stanley, about 75% of its beer portfolio is "entirely imported" from Mexico. The bank also notes that a 5% tariffs on Mexican goods would shave off nearly 4% from the company's overall bottom line. A 25% levy, meanwhile, would slash Constellation Brands' ...More info on site

Brewery news India: Brewer Bira91’s parent company raises $5.58 mln in funding
Delhi-based craft beer maker B9 Beverages, the parent company of Bira91, has raised $5.58 mln in fresh funding, Inc42 Media reported on May 30.

According to the Ministry of Corporate Affairs filings accessed by Inc42, the company has raised a pre-Series C funding round from Sixth Sense Ventures as well as debt funding from Anicut Trust. Here’s the breakdown of the round:

November 2018: Issues 90 unrated unlisted unsecured redeemable non convertible debentures at a value of INR 10 Lakh to Grand Anicut Trust 1 for INR 9 Cr ($1.28 Mn)

May 2019: Issued 500K pre-Series C shares at a nominal value of INR 15 with a premium of INR 585 worth INR 30 Cr ($4.29 Mn) to Sixth Sense Ventures

Prior to this round, the company has raised $77 Mn from investors such as Sequoia and Belgium’s Sofina Capital. The filings showed that Bira91 has been valued at $292.57 Mn on May 22, 2019 and looks to be valued at $596 Mn in FY24.

Founded in 2015 by Ankur Jain, Bira91 is a craft beer brand manufactured by B9 Beverages. It is available in multiple flavours and has a presence across Delhi, Mumbai, Goa, Kolkata, Bengaluru, Pune and Chandigarh.

The company has nearly 350 employees. ...More info on site

Brewery news Canada: Ontario’s Brick Brewing Co. reports higher EBITDA, net revenue in Q1 this year
Brick Brewing Co. Limited, Ontario’s largest Canadian-owned brewery, on May 30 released financial results for the first quarter which ended April 28, 2019.

Brick reported EBITDA of C$1.65 million (+47%) on net revenue of C$12.3 million (up 16%). The adoption of IFRS 16 (leases) enhanced EBITDA by C$0.2 million in the first quarter.

George Croft, Brick President and Chief Executive Officer commented, “Our EBITDA results in the first quarter were strong, delivering both volume and top line growth. I am pleased with the premiumization of our portfolio and the continued success of our co-pack business. Our Waterloo family grew 11%, LandShark® and Margaritaville® brands grew 55%, and co-pack business grew 14% versus prior year. The overall beer category experienced softness driven by an unseasonably cold and wet spring which drove the Ontario industry volume lower by 2.2%. Our Laker family was most impacted by both the industry volume softness and very aggressive pricing on National mainstream brands, declining 10% vs prior year. We have adjusted our Laker business plans to address this trend and early indications are showing positive results with +1% volume growth in the last four weeks.”

“January 2019 saw us break ground on the 65,000 square foot ...More info on site

BarleyBarley News Barley

Barley news Canada: CMBTC provides latest update on Canada’s barley plantings
Canadian Prairies are experiencing above normal temperatures this week with below normal precipitation. Parts of Saskatchewan are seeing temperatures in the high 20°s and low 30°s this week, CMBTC said in its latest update on the nation’s barley crops on May 30. Weather analysts suggest that Western Canada will have below average rainfall this summer, although drought-like conditions are not expected. They are also predicting lower than normal summer temperatures for Saskatchewan and Manitoba. The area of most concern is the region from Edmonton east into the upper section of Saskatchewan, going through North Battleford, Saskatoon, Humboldt, Melfort and Tisdale. One constant throughout the Prairies is that emergence has been slow due to the cooler temperatures that have plagued the west through the month of May.


• Southern region (Foremost, Lethbridge, Strathmore): This area has had good rains in the last week and this has helped advance its crops. The area received between 12.5 mm-25 mm (1/2-1 inch) of precipitation.

• Central region (Airdrie, Olds): Barley seeding is complete in this area. To date the crop is germinating well, however the region will need rain in the next two weeks. Crop conditions at this time are ranked 80%, good to excellent.

• Northeast region ...More info on site

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