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Flash Summary
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E-Malt.com Flash 03b
January 21 - January 24, 2021
Quote of the Week
Bad weather always looks worse through a window.
Tom Lehrer
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Currency Rates
Base Currency: Euro
on January 22, 2021 |
Base Currency: US Dollar
on January 22, 2021 |
| |
1 EUR = 1.2143 USD
1 EUR = 0.8856 GBP
1 EUR = 1.5329 CAD
1 EUR = 1.5637 AUD
1 EUR = 125.6700 JPY
1 EUR = 6.4540 BRL
1 EUR = 89.4035 RUB
1 EUR = 7.8449 CNY
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|
1 USD = 0.8235 EUR
1 USD = 0.7293 GBP
1 USD = 1.2624 CAD
1 USD = 1.2877 AUD
1 USD = 103.4900 JPY
1 USD = 5.3152 BRL
1 USD = 73.6286 RUB
1 USD = 6.4607 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 22, 2021 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
209.00-211.00 |  |
| 6RW Malting Barley (FOB Creil) |
202.00-204.00 |  0.50% |
| Feed Barley (FOB Creil) |
204.00-206.00 | 0.49% |
| 2RS Malt (FOB Antwerp) |
413.00-415.00 | |
| 6RW Malt (FOB Antwerp) |
404.50-406.50 | 0.30% |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
204.00-206.00 | 0.49% |
| 6RW Malting Barley (FOB Creil) |
194.00-196.00 | |
| 2RS Malt (FOB Antwerp) |
405.50-407.50 | 0.30% |
| 6RW Malt (FOB Antwerp) |
393.00-395.00 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
181.50-183.50 | 3.46% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,424.00-1,426.00 |  0.70% |
| Malting Barley (West) |
1,424.00-1,426.00 | 0.70% |
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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.
Belgium: Trappist breweries facing shortage of new monks
...Click here
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South Africa: Heineken to cut 70 jobs and put new investments on hold
...Click here
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UK: Government under pressure to cut tax on draught beer
...Click here
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South Africa: Wine grapes and barley growers in crisis due to alcohol sales ban
...Click here
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UK: Nothern Ireland pub owners pressured not to sell independently-brewed beer
...Click here
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Graph of the week
Table of the week
EU Roasted Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
21 January
1846 - 1st edition of Charles Dickens' "Daily News"
1976 - Supersonic Concorde, 1st commercial flights, by Britain and France
1994 - Dow Jones passes 3900 (record 3,914.20)
22 January
1967 - The microwave oven is invented
1970 - 1st commercial Boeing 747 flight, New York to London in 6 hours
23 January
1849 - Patent granted for an envelope-making machine
1932 - The Reconstruction Finance Corp. is created under a law signed today by Pres. Herbert Hoover
1991 - World's largest oil spill, caused by embattled Iraqi forces in Kuwait
24 January
1902 - Denmark sells Virgin Islands to USA
1935 - 1st canned beer, "Krueger Cream Ale," is sold by Kruger Brewing Co
1984 - Apple Computer Inc unveil its Macintosh personal computer
Agenda
February 2021:
09 - 13: Great British Beer Festival Winter 2021 (Online)
23 - 24: IBD Asia Pacific Convention 2021 (Perth, Australia)
March 2021:
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
16 - 16: Beviale Mexico 2021 (Online)
16 - 18: Beviale Moscow 2021 (Moscow, Russia)
23 - 23: Beviale Mexico 2021 (Online)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
08 - 09: Zurich Bier Festival 2021 (Zurich, Switzerland)
11 - 13: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
16 - 18: Barcelona Beer Festival 2021 (Barcelona, Spain)
18 - 20: EBC Symposium 2021 (Rome, Italy)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 21: Beer 2021 (Sochi, Russia)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
25 - 26: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
September 2021:
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
October 2021:
04 - 08: Drinktec 2021 (Messe München, Munich, Germany)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
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Brewery News
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USA: Nonalcoholic beer sales up 38% in 2020
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Nonalcoholic beer may finally be having a moment as between the pandemic and presidential election, jokes about getting blitzed at home have become commonplace. Sales numbers show nonalcoholic beer sales in the U.S. were up 38 percent in 2020 with $188 million in sales, according to market research company IRI.
While a number of factors, including a cultural fixation with wellness-related products, contribute to the surge in interest, chief among them is that nonalcoholic beers are better and more interesting now, the Tribune reports. Non-drinkers are no longer limited to O’Doul’s — companies ranging from craft operations like Athletic Brewing Co. to heavy hitters like Heineken are putting out booze-free IPAs, coffee stouts, Oktoberfests, and more.
Though this spike in popularity is exciting for non-drinkers looking to scratch the beer itch, nonalcoholic options constitute less than one percent of industry. Brewers like Big Drop CEO Rob Fink and Lagunitas Brewing CEO Paige Guzman see NA products as one option in their beverage arsenal rather than a full-time commitment, they told the Trib.
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Belgium: Trappist breweries facing shortage of new monks
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Belgium’s world famous Trappist beers are under threat from a crippling shortage of new monks to replace its ageing brewing brothers, The Telegraph reported
...More info on site
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South Africa: Heineken to cut 70 jobs and put new investments on hold
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The South African arm of Heineken will cut 70 jobs and put new investments on hold in the country due to the significant impact of bans on alcohol sales and COVID-19 trading restrictions, it said on January 20, Reuters reports.
South Africa has recently banned alcohol sales for the third time as part of efforts to free up space for COVID-19 patients in hospitals burdened with alcohol-related injuries.
About 30% of local breweries have been forced to shut their doors permanently and some, including Heineken, have abandoned planned investments.
Heineken employs just under 1,000 full time employees in South Africa where more than 165,000 people in the industry have lost their jobs since lockdowns started at the end of March.
The company said in a statement in light of the continued market pressure and in line with a global review by its Dutch parent company, it now finds it necessary to restructure its operations to build a business fit for the future.
“Prior to considering this action, the company implemented various cost mitigation measures throughout 2020,” Heineken South Africa Human Resources Director Yvonne Mosadi said.
“Unfortunately, given the ongoing challenging situation the company finds itself in, these measures are no longer adequate to manage and sustain
...More info on site
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UK: Government under pressure to cut tax on draught beer
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The UK government is under pressure to cut tax on draught beer to “help pubs thrive” once COVID-19 restrictions end, Yahoo! Finance reported on January 21.
The Campaign for Real Ale (CAMRA) is calling for the March budget to lower the rate of duty on beer served on tap, in order to help pubs and restaurants compete with supermarket booze.
Reducing the tax on beer depending on how it is served is an option the government can take to support the industry now the UK has left the European Union.
CAMRA research suggests that even a “modest reduction” in beer tax could result in £26.6 mln ($36.4 mln) of additional expenditure on draught beer in public venues.
This would help many to rebuild their businesses, as well as “bringing alcohol consumption back to social settings – creating jobs and boosting the economy in the process”, the consumer body said.
This is just one of many measures CAMRA is urging the government to take to help pubs and restaurants in 2021.
The organisation has written to chancellor Rishi Sunak to ask him to consider a package of measures ahead of the March budget. These include:
• Ongoing, regular grant payments to help pubs and social clubs cover costs when
...More info on site
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UK: Nothern Ireland pub owners pressured not to sell independently-brewed beer
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Some Northern Ireland pub owners have been pressured by large drinks firms not to sell independently-brewed beer, a local brewing company has alleged, the BBC reported on January 21.
Independent brewing companies have been giving evidence to a Stormont committee on new changes to Northern Ireland's licensing laws.
They say micro-breweries should be allowed to sell draught beer in so-called tap rooms.
The brewers also deny that they would be in direct competition with pubs.
Laurie Davies, from the Lacada Brewery in Portrush, County Antrim, said it was "a scandal" that breweries could not serve customers and tourists draught beer, when they were able to do so in towns across the Republic of Ireland.
He told Stormont's communities committee that some staff from major drinks firms were putting pubs under pressure not to serve micro-brewery beers.
"We have experienced, when we put a (draught beer) tap in bars, there have been reps from the macro (brewery) saying to the owners: 'Take that Lacada tap off or we will stop your discount'," said Mr Davies.
He said the large brewing companies had "locked" the smaller businesses out of the draught beer trade.
Committee chair Paula Bradley said members had heard previous evidence from Hospitality Ulster that if tap rooms
...More info on site
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Barley News
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South Africa: Wine grapes and barley growers in crisis due to alcohol sales ban
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The spill-over of the liquor ban to the agriculture sector is going to be serious, but the impact is yet to be determined, according to Agri SA executive director, Christo van der Rheede.
This followed a recent call to President Cyril Ramaphosa by the Liquor Traders’ Formation, which involved various role players in the liquor industry, to urgently meet with role players in the alcohol industry to end the COVID-19-related alcohol ban, the Business Standard reported on January 19.
In early January, Ramaphosa announced that the ban on the trade of alcohol would be upheld during the extension of Level 3 of the lockdown until 15 February. Van der Rheede told Farmer’s Weekly that the Office of the Presidency had acknowledged receipt of the request.
Van der Rheede said the industry was in crisis, with wine grapes, for example, not being processed due to a lack of wine storage facilities as a result of carry-over wine stock from last year.
Producers of other crops used in the production of alcoholic beverages, such as barley, which is used to make beer, have also been affected.
According to a statement released by Grain SA, brewing company AB InBev has already lowered its barley mandate from 458 000
...More info on site
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