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Flash Summary
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E-Malt.com Flash 20a
May 11 - May 13, 2020
Quote of the Week
It is amazing what you can accomplish if you do not care who gets the credit.
Harry S Truman
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Currency Rates
Base Currency: Euro
on May 13, 2020 |
Base Currency: US Dollar
on May 13, 2020 |
| |
1 EUR = 1.1016 USD
1 EUR = 0.8513 GBP
1 EUR = 1.4623 CAD
1 EUR = 1.6284 AUD
1 EUR = 120.5500 JPY
1 EUR = 4.6658 BRL
1 EUR = 70.8469 RUB
1 EUR = 7.7461 CNY
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1 USD = 0.9073 EUR
1 USD = 0.7727 GBP
1 USD = 1.3274 CAD
1 USD = 1.4776 AUD
1 USD = 109.4500 JPY
1 USD = 4.2354 BRL
1 USD = 64.3117 RUB
1 USD = 7.0316 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 13, 2020 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
156.50-158.50 |  0.63% |
| 6RW Malting Barley (FOB Creil) |
155.00-157.00 |  |
| Feed Barley (FOB Creil) |
150.00-152.00 | 1.31% |
| 2RS Malt (FOB Antwerp) |
350.50-352.50 | 0.35% |
| 6RW Malt (FOB Antwerp) |
349.00-351.00 | |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
167.50-169.50 | 0.59% |
| 6RW Malting Barley (FOB Creil) |
164.00-166.00 | |
| 2RS Malt (FOB Antwerp) |
360.00-362.00 | 0.34% |
| 6RW Malt (FOB Antwerp) |
356.00-358.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,074.00-1,076.00 | |
| Malting Barley (West) |
1,094.00-1,096.00 | |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Japan: Asahi Group reports 45% tumble in quarterly operating profit
...Click here
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Japan: Asahi Group withdraws earnings outlook on impact of coronavirus crisis
...Click here
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UK: Brewers not sure how much beer to make, if any at all
...Click here
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USA: Coronavirus lockdown could cost the beer industry $1 billion in untapped beer
...Click here
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World: Barley production to decline slightly in 2020/21
...Click here
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Australia & China: Australia concerned by China considering barley import tariffs
...Click here
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Australia: Coopers Brewery’s malt exports double in the past 12 months
...Click here
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Australia: Independent craft beer faces challenges as people mostly buy cheaper mass production beer during lockdown
...Click here
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Ukraine: Winter crops losses due to drought estimated at 2.6% of all areas planted
...Click here
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Mexico: Heineken to keep beer production on halt until restrictions are lifted
...Click here
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Belgium: Brussels Beer Project to invest EUR6 mln in a new brewery in Brussels
...Click here
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UK: Adnams could double production of famous low-alcohol beer Ghost Ship
...Click here
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Graph of the week
Table of the week
UK Unroasted Malt Exports 1995 - 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOPS AND ANTI-INFLUENZA ACTIVITY
ABSTRACT
Italian researchers tested a hydroalcoholic hop
extract for its anti-influenza activity. The ability of the
extract to interfere with different phases of viral replication
was assessed, as well as its effect on the intracellular
status being unbalanced in infected cells. A phytochemical
characterization of the extract was performed. The
researchers found that hop extract significantly inhibited
replication of various viral strains, at different times from
infection. Viral replication was partly inhibited when virus
was incubated with extract before infection, suggesting a
direct effect on the virions. Since hop extract was able to
restore the conditions of infected cells, its antiviral activity might also be due to an interference with redox-sensitive
pathways required for viral replication. Accordingly, the
extract exerted radical scavenging and reducing effects
and inhibited lipoperoxidation and cytotoxicity. Using
phytochemical analysis, different phenolics were identified,
which altogether might contribute to the antiviral effect.
These results highlight anti-influenza and antioxidant
properties of hop extract, which encourage further in vivo
studies to evaluate its possible application.
REFERENCES:
Di Sotto, A.: Antiviral and Antioxidant Activity of a Hydroalcoholic Extract from Humulus
lupulus L, Oxid Med Cell Longev. 2018 Jul 24;2018:5919237. doi: 10.1155/2018/5919237.
eCollection 2018
Source: Barth Innovations
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These Days in Business History
11 May
1861 - In a move of symbolic support for the Union, the New York Stock Exchange bans all trading in Confederate stocks and bonds. (However, members are still free to short-sell any Union securities they choose)
1907 - Bank of San Francisco incorporated
1928 - General Electric opens 1st TV-station (Schenectady, New York)
2010 - David Cameron becomes Prime Minister of the United Kingdom following talks between the Conservatives and Liberal Democrats to form the UK's first coalition government since World War II after elections produced a hung parliament
12 May
1916 - Einstein's Theory of General Relativity presented
1949 - 1st Polaroid camera sold $89.95 in New York City
1949 - The Soviet Union lifts its blockade of Berlin
1975 - Israel signs an agreement with European Economic Market
13 May
1842 - 1st edition of London Illustrated News
1862 - Adolphe Nicole of Switzerland patents chronograph
1884 - Institute for Electrical and Electronics Engineers (IEEE) forms
Agenda
June 2020:
09 - 12: Aro Rojo International Beer Cup 2020 (Tampico, Mexico)
21 - 22: Planete Biere 2020 (Paris, France)
July 2020:
01 - 03: Craft Beer China 2020 (Shanghai, China)
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
30 - 01 August: Korea International Beer Expo 2020 (Seoul, South Korea)
August 2020:
01 - 04: World Brewing Congress 2020 (Minneapolis, USA)
September 2020:
02 - 04: Beviale Moscow 2020 (Moscow, Russia)
02 - 04: Modern Brewing Technologies 2020 (Moscow, Russia)
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
03 - 05: Zurich Bier Festival 2020 (Zurich, Switzerland)
03 - 07: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
05 - 05: Copa Cervezas de America 2020 (Award Ceremony) (Mar del Plata, Argentina)
11 - 13: Mondial de la Biere - Paris 2020 (Paris, France)
14 - 25: Craft Brewing in Practice 2020 (Berlin, Germany)
19 - 04 October: Oktoberfest 2020 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium 2020 (Barcelona, Spain)
24 - 26: Great American Beer Festival 2020 (Denver, USA)
24 - 26: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
October 2020:
02 - 03: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
08 - 11: Mondial de la Biere 2020 (Montreal, Canada)
13 - 16: China Brew & China Beverage (CBB) 2020 (Shanghai, China)
14 - 16: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
21 - 24: Beer 2020 (Sochi, Russia)
23 - 25: Cerveza Mexico Expo 2020 (Mexico City, Mexico)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)
November 2020:
04 - 07: VIETFOOD & BEVERAGE - VIETNAM 2020 (Ho Chi Minh City, Vietnam)
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
13 - 14: Beervana 2020 (Wellington, New Zealand)
18 - 18: Brussels Beer Challenge 2020 (Brussels, Belgium)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
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Malt News
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Australia: Coopers Brewery’s malt exports double in the past 12 months
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Exports from Coopers Brewery’s malting plant at Regency Park, Australia have doubled in the past 12 months despite the impact COVID-19 is having on
...More info on site
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Brewery News
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Russia: Retail beer sales drop by 1.8% in Q1
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Russia’s retail beer sales in January-March dropped by 1.8% versus the same period in 2019 totalling 13.647 mln hl, National Consumers’ Rights Protection Union
...More info on site
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Japan: Asahi Group reports 45% tumble in quarterly operating profit
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Japanese brewer Asahi Group Holdings reported a 45% tumble in quarterly operating profit as the coronavirus pandemic forced bars and restaurants around the world
...More info on site
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Japan: Asahi Group withdraws earnings outlook on impact of coronavirus crisis
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Asahi Group Holdings Ltd. withdrew its earnings outlook for the current fiscal year, hit by the impact of economic shutdowns due to the coronavirus
...More info on site
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UK: Brewers not sure how much beer to make, if any at all
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UK breweries now face “months of uncertainty” over how much beer to make, if any at all, in case pubs are able to open
...More info on site
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Australia: Independent craft beer faces challenges as people mostly buy cheaper mass production beer during lockdown
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Independent craft beer faces challenges, according to a report from IRI Worldwide which has highlighted the move by consumers to larger packs and lower-priced beer during the COVID-19 pandemic, the Australian Brews News reported on May 7.
According to data from the IRI, panic buying at the end of March, leading to a temporary surge in alcohol sales, highlighted emerging consumer trends as values, motivations and buying habits change.
The IRI said that the beer segment enjoyed the strongest alcohol category uplift during this spike – showing growth of 60 per cent for the last week in March from the lowest base in comparison to wine and spirits.
However independent players are facing “considerable challenges” it said, as the move to value and bulk beer favours bigger brewers such as Lion and Carlton & United Breweries.
The analytics and insights firm said that this shift is likely driven by the perception of volume for value during a period of perceived limited access to stock, and as consumers are becoming increasingly conscious of household budgets.
During the surge in alcohol sales at the end of March following the federal government’s mandatory venue closures, more Australians were buying liquor.
They were buying more often and in greater amounts
...More info on site
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USA: Coronavirus lockdown could cost the beer industry $1 billion in untapped beer
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Perfectly good beer is going bad in kegs in thousands at a time.
That’s the problem facing brewers, distributors and bars that are dealing with a massive supply of untapped kegs spread out across the US as the coronavirus lockdown persists, Yahoo Canada Finance reported on May 8.
In fact, the growing mass of past-prime kegs has gotten so bad, following a canceled March Madness tournament, the delayed start to baseball, and a St. Patrick’s Day in lockdown, that one beer distributor trade group estimates it’s become a nearly $1 billion wash for the beer industry.
“We think there's close to a billion dollars worth of impact directly to the beer industry as it relates to just the loss from the product alone,” National Beer Wholesalers Association CEO and President Craig Purser told Yahoo Finance. “This was the worst time this could happen.”
According to Purser, who represents more than 3,000 independently licensed beer distributors across America, on-site consumption of beer at restaurants and bars is highest on St. Patrick’s Day every year. While beer sales at grocery stores rose as more states enacted lockdown orders, on-site consumption still accounts for about 20% of total beer consumption in America. Losing that consumption
...More info on site
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Mexico: Heineken to keep beer production on halt until restrictions are lifted
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Heineken México says that it will keep its beer production on halt until authorities have lifted the restrictions to reactivate the national economy. The announcement from the Mexico brewer came on the heels of other announcements of an early May restart, the Riviera Maya News reported on May 7.
“At Heineken México, we reiterate that we have suspended our distribution operations since April 6, and that we are attentive to the moment in which the authorities allow their resumption, always safeguarding the care of the environment, health and safety of our collaborators and the population in general,” said the beer consortium that groups the Cuauhtémoc-Moctezuma companies.
The beer firm denied social media rumors that as of May 2 or 5, they will begin production.
“We reject the false statements and ask citizens to ignore this information, which causes confusion,” they said.
Heineken was one of the first brewers in the country to announce the temporary suspension of production and distribution due to the current epidemic.
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Belgium: Brussels Beer Project to invest EUR6 mln in a new brewery in Brussels
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The brewers of the Brussels Beer Project (BBP) are investing €6 million in a new brewery in Anderlecht. The company announced this on May 8, The Brussels Times reported.
The new brewery will have an annual capacity of 35,000 hectolitres and will allow BBP to brew all its beers in Brussels. Currently, BBP has a small brewery in Rue Dansaert in Brussels, while two-thirds of its production occurs at a partner brewery in Limburg.
The Dansaert site will remain operational but will shift focus onto experiments on smaller brews, something which has become a characteristic of the brewery.
The brewery aims to be self-sufficient in terms of electricity, through the use of solar energy, while the hot water generated by the production will be used to heat the building. The new project will also feature a garden of almost 1,000 square meters and a taproom to accommodate more than 25,000 people a year, the BBP officials say.
Work on the new brewery will start in September 2020, which is expected to open doors one year later. The company will double its workforce at the same time, aiming to eventually employ 50 people.
The investment fund Invest for Jobs is contributing €2.6 million and a loan
...More info on site
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UK: Adnams could double production of famous low-alcohol beer Ghost Ship
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Southwold brewer Adnams could double production of its famous Ghost Ship drink by 2022 - meaning low-alcohol beer could make up 15% of its production, the East Anglian Daily Times reported on May 7.
Ghost Ship 0.5% currently makes up 7% of what the firm makes.
But Fergus Fitzgerald, Adnams head brewer, said that after it started making the drink in June 2018: “We knew there was going to be a market but we didn’t anticipate it growing as quickly as it did.”
It has become the firm’s fourth best selling beer and received widespread critical acclaim.
“It’s just kept growing really,” said Mr Fitzgerald. “We expanded the kit that we put in 2019 because the sales had just gone way ahead of where we thought we’d be at that stage.
“On the current projections, we’ll still need to expand the kit again next year.
“It might well get to 15% in 2022.”
Mr Fitzgerald added: “There are a lot of reasons why this type of beer is popular. Some people are more concerned with their lifestyle and they’re trying to cut down on their alcohol content.
“People found that it just tastes like a normal beer. So you can get the enjoyment of the flavour and the
...More info on site
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Barley News
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World: Barley production to decline slightly in 2020/21
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Global barley production in 2020/21 is projected to decline slightly from the 2019/20 record, but remain relatively high compared to historical levels, driven by
...More info on site
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Australia & China: Australia concerned by China considering barley import tariffs
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Australia on May 10 raised concern that China is considering imposing hefty tariffs on imports of Australian barley, just as tensions rise between the
...More info on site
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Ukraine: Winter crops losses due to drought estimated at 2.6% of all areas planted
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The losses of winter crops due to drought in Ukraine are estimated at 234,000 ha, which is 2.6% of all areas with winter crops, the Ministry for Economic Development, Trade and Agriculture has told Interfax-Ukraine.
According to the ministry, the most affected by the drought are winter rape crops – 103,000 ha, wheat – 74,000 ha, barley – 53,000 ha, and peas – 1,300 0 ha.
Potential crop losses in 2020/2021 agri-year for winter wheat are 216,650 tonnes, winter rape – 211,890 tonnes, winter barley – 150,820 tonnes, sugar beets – 50,030 tonnes, peas – 3,050 tonnes, winter rye – 539 tonnes.
At the same time, the Ministry of Economy estimates the possible loss of revenue for winter rape at UAH2.14 billion (19% of the possible income from crops), winter wheat – UAH0.99 billion (3%), winter barley – UAH0.63 billion (12%), and sugar beets – UAH0.03 billion (2%).
“In March-April this year, there was rainfall deficit throughout Ukraine. As a result, spring air drought developed and deepened, which combined with soil drought in many areas of the southern regions,” the ministry said.
According to the Ministry of Economy, in Odessa region, where there is the longest and most severe rainfall deficit since last summer, agrometeorological
...More info on site
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