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Flash Summary
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E-Malt.com Flash 15b
April 15 - April 18, 2021
Quote of the Week
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.
Earl Nightingale
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Currency Rates
Base Currency: Euro
on April 16, 2021 |
Base Currency: US Dollar
on April 16, 2021 |
| |
1 EUR = 1.1972 USD
1 EUR = 0.8686 GBP
1 EUR = 1.4990 CAD
1 EUR = 1.5465 AUD
1 EUR = 130.2400 JPY
1 EUR = 6.7468 BRL
1 EUR = 91.5041 RUB
1 EUR = 7.8124 CNY
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1 USD = 0.8352 EUR
1 USD = 0.7255 GBP
1 USD = 1.2520 CAD
1 USD = 1.2916 AUD
1 USD = 108.7800 JPY
1 USD = 5.6353 BRL
1 USD = 76.4290 RUB
1 USD = 6.5253 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 16, 2021 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
210.00-212.00 |  |
| 6RW Malting Barley (FOB Creil) |
204.00-206.00 |  0.49% |
| Feed Barley (FOB Creil) |
192.00-194.00 | 1.58% |
| 2RS Malt (FOB Antwerp) |
416.00-418.00 | |
| 6RW Malt (FOB Antwerp) |
408.50-410.50 | 0.30% |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
208.00-210.00 | |
| 6RW Malting Barley (FOB Creil) |
202.00-204.00 | |
| 2RS Malt (FOB Antwerp) |
410.00-412.00 | |
| 6RW Malt (FOB Antwerp) |
403.00-405.00 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
196.50-198.50 |  0.09% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,474.00-1,476.00 | 0.68% |
| Malting Barley (West) |
1,474.00-1,476.00 | 0.68% |
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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.
EU: Malt exports to third countries up 5.9% in July-March 2020/21
...Click here
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South Korea: Beer and liquor companies perform poorly in 2020 because of pandemic
...Click here
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Malaysia: Carlsberg Brewery Malaysia hopeful of better prospects in the second half of 2021
...Click here
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EU: Barley exports in July-March 2020/21 drop by 2.5%
...Click here
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Australia: New barley crop forecasts range from 10 to 12 mln tonnes
...Click here
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EU: Analysts keep estimates of 2021 barley, soft wheat production unchanged
...Click here
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World: Grain markets inactive in March due to absence of major Chinese purchases
...Click here
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France: Condition of wheat and barley crops only falls slightly after severe cold snap
...Click here
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Ukraine: Barley export prices drop to five-month lows
...Click here
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USA: Brewers Association reports almost 70% revenue decline in 2020
...Click here
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World: Heineken plans to decarbonise its production processes by 2030 and its full value chain by 2040
...Click here
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UK: More than 200 pubs in Scotland have been “lost forever” and over 210 million pints left unsold
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 April
1892 - General Electric Company, forms and is incorporated in New York
1952 - Franklin National Bank issues 1st bank credit card
1973 - Walt Disney Store opens
16 April
1948 - Organization for European Economic Cooperation (EEC) forms in Paris
1986 - IBM produces 1st megabit-chip
17 April
1704 - 1st successful U.S. newspaper published in Boston by John Campbell
1933 - Pres. Franklin D. Roosevelt announces that he will issue an executive order embargoing exports of gold and free the exchange rate of the U.S. dollar to float against foreign currencies
1964 - Ford Mustang is introduced to the North American market
1989 - An all-financial-news TV service premieres, as CNBC airs its first market broadcast
18 April
1921 - Junior Achievement incorporated in Colorado Springs Colo
1948 - International Court of Justice opens at Hague Netherlands
1968 - London Bridge is sold to U.S. oil company to be erected in Arizona
Agenda
April 2021:
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
27 - 29: 1st VLB International Craft Brewing Conference (Online)
27 - 29: 1st VLB International Craft Brewing Conference 2021 (Online)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
18 - 21: Beer 2021 (Sochi, Russia)
June 2021:
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
August 2021:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
24 - 28: 2nd VLB Africa Brewing Conference (Online)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium (Barcelona, Spain)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
20 - 22: drink technology India 2021 (Mumbai, India)
November 2021:
02 - 04: Fdt Africa 2021 (Midrand, South Africa)
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
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Malt News
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EU: Malt exports to third countries up 5.9% in July-March 2020/21
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EU malt exports from July 1, 2020 till March 28, 2021 totalled 2.216 mln tonnes (in grain equivalent), plus 5.9% year-on-year, H. M. Gauger
...More info on site
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Brewery News
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South Korea: Beer and liquor companies perform poorly in 2020 because of pandemic
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Liquor companies in South Korea performed poorly in 2020 as people consumed less alcohol due to the coronavirus outbreak, the Yonhap News reported on
...More info on site
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Malaysia: Carlsberg Brewery Malaysia hopeful of better prospects in the second half of 2021
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Carlsberg Brewery Malaysia Bhd is hopeful of better prospects in the second half of 2021, arising from the vaccination rollouts in Malaysia and Singapore
...More info on site
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USA: Brewers Association reports almost 70% revenue decline in 2020
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The Brewers Association said its revenues fell by almost 70% between the end of 2019 and the end of 2020, The Daily Camera reported on April 14.
In its annual report, the Boulder-based trade association said it generated revenues of just more than $9.73 million in 2020 versus $27.76 million in the year prior, and had a net loss of about $3.58 million.
The group also saw its total assets fall 20.9%, from $36.59 million at the end of 2019 to $28.94 million at the close of 2020.
Event revenues were the hardest-hit section of the BA’s earnings last year as the pandemic shut down most public gatherings, including the Great American Beer Festival. Its event-related revenues were $16.17 million in 2019, but plummeted to just $1.7 million in 2020.
The BA laid off almost a quarter of its employees last spring in anticipation of a difficult year for craft brewing in general. That sector of the brewing industry saw production volumes drop by 9% year-over-year as in-person tap sales plummeted from shutdowns and fear of COVID spread, along with challenges in acquiring resources to send canned beer to retailers.
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World: Heineken plans to decarbonise its production processes by 2030 and its full value chain by 2040
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Brewing giant Heineken has announced plans to decarbonise its production processes by 2030 and its full value chain by 2040, The Drinks Report said on April 16.
As part of its push towards carbon neutrality, Heineken said it would be working to improving energy efficiency and increasing its use of renewable energy at its sites.
It also hopes it reduce carbon emissions from its value chain by 30 per cent (compared with 2018 levels) in the next nine years, ahead of the full decarbonisation target date of 2040.
The plans were announced in the company's Brew a Better World initiative and are a key part of its EverGreen 'balanced growth' strategy.
Dolf van den Brink, Heineken's CEO and chairman of the executive board, said the company was bringing foward the planned decarbonisation date for its production sites to bring it in line with the goals set in the Paris Agreement on climate change.
He continued: "A large part of our overall carbon footprint beyond production comes from agriculture, packaging, distribution and cooling. This means we will work in close partnership with our suppliers and partners to reach our ambitious goal of a carbon-neutral value chain by 2040.
"We know that Heineken can only thrive if
...More info on site
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UK: More than 200 pubs in Scotland have been “lost forever” and over 210 million pints left unsold
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More than 200 pubs in Scotland have been “lost forever” and over 210 million pints have been left unsold as a result of the covid pandemic in the biggest crisis ever to hit hospitality, industry leaders have told MPs, the Scottish Daily Record reported on April 15.
Scottish pubs have lost up to £820 million in beer sales, the equivalent of over 210 million pints, since the start of the pandemic last year, with industry leaders concerned that the hospitality sector may not fully recover.
MPs on the Commons Scottish Affairs committee heard from representatives of the pub, hotel and restaurant industries about concerns how easing of restrictions will continue to impact the sector.
Paul Togneri, of the Scottish Beer & Pub Association, said more than 200 pubs out of around 4,500 in Scotland had been “lost forever” as a result of the crisis.
He said: “The pandemic has been the biggest crisis ever to hit the beer and pub industry and the impacts are going to be long-lasting.
“Prior to the pandemic there was roughly 4,500 pubs in Scotland and 130 breweries contributing around £1.66 billion to the economy every year, and paying almost £800 million in wages.”
“What we have seen so far is
...More info on site
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Cambodia: Alcohol sales continue despite ban
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Phnom Penh City Hall’s announcement banning the sale of alcohol has led to a prohibition era-style culture of speakeasies and underground trafficking, the Khmer Times reported on April 14.
The Kingdom of Cambodia on April 13 announced that it would extend its curfew for another two weeks after an additional three people succumbed to Covid – bringing the number of fatalities to 33.
Municipal authorities said that it had banned the sale of alcohol two days before Khmer New Year festivities were set to begin because it had traced infections to people drinking together, an announcement read. On April 13, Kandal province joined the capital in the bans.
However, strolling through Phnom Penh and scrolling through Facebook reveals that the sale of alcohol remains unabated.
“Good afternoon, sure we can deliver until 7 pm. Let us know what you need, your delivery address and phone number, preferred payment method (ABA or cash on delivery),” one merchant said on Facebook Messenger just seconds after Khmer Times enquired if they would deliver alcohol.
Another business was deeply apologetic, saying they only offer European beers after a request was made to deliver Cambodia brand beer. Instead, the company offered a mini keg of Heineken for $25, plus an
...More info on site
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Barley News
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EU: Barley exports in July-March 2020/21 drop by 2.5%
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EU-27’s barley exports (excluding malt) to 3rd countries during July 2020 – 28 March 2021 were 5.7 mln tonnes, 2.5 % less than a
...More info on site
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Australia: New barley crop forecasts range from 10 to 12 mln tonnes
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As barley drilling is about to begin, soil moisture is reported good from all parts of Australia, H. M. Gauger GmbH said in their
...More info on site
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EU: Analysts keep estimates of 2021 barley, soft wheat production unchanged
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Consultancy Strategie Grains in its latest report released on April 15 kept its estimate for 2021 soft wheat production in the EU’s 27 member
...More info on site
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World: Grain markets inactive in March due to absence of major Chinese purchases
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World grain markets slumped in March because of a general lack of demand, H. M. Gauger GmbH analysts reported earlier this month.
The absence
...More info on site
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France: Condition of wheat and barley crops only falls slightly after severe cold snap
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The condition of wheat and barley crops in France only fell slightly during the week when France was hit by a severe cold snap
...More info on site
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Ukraine: Barley export prices drop to five-month lows
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Ukrainian barley export prices have dropped to five-month lows owing to limited demand, analysts at consultancy APK-Inform said on April 13.
Bid prices for Ukrainian-origin barley have fallen by $15 a tonne this month to $220-$230 a tonne CPT (carriage pain to) Black Sea as of April 13, they said in a report.
APK-Inform said that a global downward trend had affected Ukrainian wheat and corn export prices.
Ukraine is among the world's leading grain exporters and plans to supply more than 45 million tonnes to foreign markets in the 2020/21 season from July to June.
As of April 12 it had exported 36.5 million tonnes, including 14.5 million tonnes of wheat, 4.1 million tonnes of barley and 17.3 million tonnes of corn, government data showed.
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