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Flash Summary
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E-Malt.com Flash 19a
May 10 - May 12, 2021
Quote of the Week
Brewers enjoy working to make beer as much as drinking beer instead of working.
Harold Rudolph
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Currency Rates
Base Currency: Euro
on May 12, 2021 |
Base Currency: US Dollar
on May 12, 2021 |
| |
1 EUR = 1.2151 USD
1 EUR = 0.8595 GBP
1 EUR = 1.4700 CAD
1 EUR = 1.5501 AUD
1 EUR = 132.1100 JPY
1 EUR = 6.3496 BRL
1 EUR = 90.0649 RUB
1 EUR = 7.8064 CNY
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1 USD = 0.8229 EUR
1 USD = 0.7074 GBP
1 USD = 1.2098 CAD
1 USD = 1.2756 AUD
1 USD = 108.7200 JPY
1 USD = 5.2256 BRL
1 USD = 74.1226 RUB
1 USD = 6.4246 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 12, 2021 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
218.00-220.00 |  0.92% |
| 6RW Malting Barley (FOB Creil) |
214.00-216.00 | 1.90% |
| Feed Barley (FOB Creil) |
211.00-213.00 | 0.47% |
| 2RS Malt (FOB Antwerp) |
426.50-428.50 | 0.58% |
| 6RW Malt (FOB Antwerp) |
421.50-423.50 | 1.18% |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
213.00-215.00 | 1.90% |
| 6RW Malting Barley (FOB Creil) |
211.00-213.00 | 0.47% |
| 2RS Malt (FOB Antwerp) |
416.50-418.50 | 1.19% |
| 6RW Malt (FOB Antwerp) |
414.00-416.00 | 0.30% |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,544.00-1,546.00 | 0.65% |
| Malting Barley (West) |
1,544.00-1,546.00 | 0.65% |
 No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
EU: Malt exports increase by 6% in July-April 2020/21
...Click here
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France: InVivo reaches an agreement to acquire Soufflet Group
...Click here
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UK: Guinness owner Diageo to return $6.4 bln to shareholders
...Click here
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EU: Barley production expected to increase to 56.015 mln tonnes in 2021/22
...Click here
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EU: Barley production forecast to experience a modest rebound
...Click here
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France: Farm office cuts forecasts of wheat, barley and maize ending stocks
...Click here
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Australia: New crop malting barley exports total 123 thousand tonnes in December-February
...Click here
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Australia: Australia exports 969,830 tonnes of barley in March 2021
...Click here
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UK: Carlsberg and Marston’s brewery group appoints new CEO
...Click here
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South Korea: Jeju Beer preparing to be listed on the KOSDAQ
...Click here
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Ireland: Diageo busy keeping up with the increased demand ahead of restaurants and bars reopening
...Click here
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UK: Budweiser and Heineken worst affected amid major beer shortage at UK pubs
...Click here
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Germany & USA: German brewer Gilde to open a massive brewery in Charlotte, North Carolina
...Click here
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Graph of the week
Table of the week
Russia Beer Production, Sales, and Per Capita Consumption 2010 - 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 May
1837 - As New York banks suspend payment of loans in specie (gold coins), the Panic of 1837 begins - setting off the deepest economic depression the United States will suffer until 1929
1869 - The First Transcontinental Railroad, linking the eastern and western United States, is completed at Promontory Summit, Utah (not Promontory Point, Utah) with the golden spike
1950 - The Digital Age takes a huge leap forward. At the National Physical Laboratory in the British village of Teddington, Alan Turing's Pilot Model Advanced Computing Engine (ACE), one of the world's earliest general-purpose electronic computers, runs its first program
1975 - Sony introduces the Betamax videocassette recorder in Japan
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
Agenda
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
18 - 21: Beer 2021 (Sochi, Russia)
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)
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)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
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Malt News
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EU: Malt exports increase by 6% in July-April 2020/21
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EU malt exports totalled 2.474 mln tonnes (grain equivalent) in 1 July – 25 April, plus 6% y/y, H. M. Gauger GmbH said in
...More info on site
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France: InVivo reaches an agreement to acquire Soufflet Group
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InVivo Group, a French agricultural cooperative group operating in several key countries, on May 5 announced it has reached an agreement to acquire Soufflet
...More info on site
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Brewery News
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UK: Guinness owner Diageo to return $6.4 bln to shareholders
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Guinness owner Diageo said it would resume plans to return £4.5 billion ($6.36 billion) to shareholders, as its recovery from the COVID-19 pandemic continues
...More info on site
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South Korea: Jeju Beer preparing to be listed on the KOSDAQ
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Jeju Beer is preparing to be listed on the KOSDAQ for the first time in the Korean beer industry within the first half of this year. Jeju Beer is planning to increase its production facilities and lead the market through the IPO, The Jeju Weekly reported on May 10.
On February 25th, the KOSDAQ headquarters of the Korea Exchange approved a preliminary review for the listing of Jeju beer on the KOSDAQ. It will be the first domestic beer company to be listed on the KOSDAQ and the second beer company in 12 years.
Jeju Beer started preparing for the IPO by requesting a preliminary review for listing on the KOSDAQ in November 2020. Public offering stocks amounted to 8,362,000 shares, which is 15% of the 55,995,890 total shares after listing. Daishin Securities is in charge of the listing supervision.
Jeju Beer plans to accelerate growth by increasing corporate value and expanding investment resources by listing on the KOSDAQ. The funds from IPO will respond to increased demand by investment in production and R&D facilities to introduce innovative beer products. Through this, the company aspires to achieve 10 cumulative product lineups within this year, contributing to market diversity and becoming a new game-changer
...More info on site
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UK: Carlsberg and Marston’s brewery group appoints new CEO
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Marston’s brewery group, a joint venture with Carlsberg, has appointed a new chief executive officer after the current boss decided earlier this year to depart the brewer, marketscreener.com reported on May 12.
Stepping into the helm on 3 October, Andrew Andrea will leave behind his role as the group’s chief financial officer (CFO).
“Despite the challenges of the last year, I am confident that we have a great team of energised and engaged people to deliver our vision, and I look forward to working with them and the board to return the business to growth and optimise the future opportunities available to us,” Andrea said.
Bringing over 23 years of experience within the pub and brewing industry to the top position, Andrea is no stranger to the group and is also a non-executive director of the Portmeirion group.
After joining Marston’s in 2002, the new CEO has sat on the board since 2009 and even had a stint of being operations director at the Marston’s Pub Company.
Current CEO Ralph Findlay will remain in the role until 2 October to ensure a smooth handover. Meanwhile, the search for a new CFO has begun.
“Andrew was the strongest contender from a selection of extremely high calibre candidates
...More info on site
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Ireland: Diageo busy keeping up with the increased demand ahead of restaurants and bars reopening
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Following the recent announcement of the updated plans for reopening Ireland, the majority of restaurants and bars in Ireland are already planning for June 7, the Irish Mirror reported on May 8.
With outdoor services set to resume for groups limited to six people, the return of the hospitality sector is a massive boost for staff, patrons, and the public alike.
Last month, traditional pubs in Dublin marked 400 consecutive days of closure and while the majority of pubs in Ireland have remained closed, the taps haven't been exactly dry in others.
Throughout the pandemic, the popularity of takeaway pints has seen some pubs take in a small level of income and as expected, this would require the kegs to be replenished.
While Diageo hasn't exactly shut up shop since February 2020 - the world's largest producers of spirits and beers do have markets beyond Ireland and even in terms of this country, they did keep supply steady when lockdown was lifted last December - the recent decision to purse an outdoor summer will see local demand for Guinness, Smirnoff, Captain Morgan, Bell's etc increase.
Since the recent announcement was made about hospitality returning, the sight of kegs being unloaded in pubs and restaurants around
...More info on site
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UK: Budweiser and Heineken worst affected amid major beer shortage at UK pubs
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Budweiser and Heineken are the worst affected brewers amid a major beer shortage as demand soars after pubs reopened, it has been claimed.
Retailers and wholesalers said there are supply issues on multiple core beer lines, with a shortage of drivers also part of the problem, the Mirror reported on May 9.
It comes as pubs, bars and restaurants in England prepare to re-open for indoor trading from May 17 just weeks after the hospitality industry was allowed to begin serving al fresco.
Experts had predicted the initial easing of lockdown on April 12 would see punters sinking 92 pints a second in their local boozers - and that strain on the industry appears to be showing already.
Industry magazine The Grocer was told by one multi-convenience retailer a “perfect storm” of pressures is coming, with “a lack of drivers, an aluminium shortage and brewers diverting beer into kegs for the reopening of the on-trade as opposed to canning it”.
Another said wholesalers were “not getting the allocations of stock they need and that’s on top of the range reviews last year which resulted in rationalised ranges”.
While a buying group insider added distribution levels were “as bad as 50% for some of the biggest brands
...More info on site
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Germany & USA: German brewer Gilde to open a massive brewery in Charlotte, North Carolina
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One of the oldest breweries in Germany released renderings today of its first location outside of Hannover, Germany in its 475-year history. It hopes to open The Embassy at Gilde Brewery on Dewitt Lane in Charlotte’s Lower South End neighborhood in fall 2021, according to a release on May 11, .
“We carefully selected Charlotte as our first brewery site outside of Hannover based on the community’s level of interest in high-quality beer and the connection between our two cities through Queen Charlotte, who was Queen of Hannover,” said Mike Gaertner, president of Gilde.
The 9,000-square-foot brewery will allow seating for 350 guests in both an interior bier haus and outdoor bier garten.
“We’ve been watching Charlotte’s beer scene grow and thrive for almost a decade now, and we’d be remiss if we didn’t introduce an authentic German beer to Charlotte’s lineup,” stated Karsten Uhlmann, CEO of Gilde. “As the original craft beer innovators, we will immerse guests in centuries of German brewing heritage combined with the creativity of the American beer movement.”
Gilde has tapped Willi Wallstab, a renowned German brewing master, to serve as brewmaster at Charlotte’s Gilde Brewery. According to the release, Wallstab will move to Charlotte this summer
...More info on site
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Barley News
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EU: Barley production expected to increase to 56.015 mln tonnes in 2021/22
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EU Commission Barley Supply and Demand Balance of Apr 29, 2021 forecasts the EU-27 barley production at 56.015 mln tonnes in 2021/22 versus 54.751
...More info on site
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EU: Barley production forecast to experience a modest rebound
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Barley production for the 27 member states of the European Union is expected to experience a modest rebound in output with the improved seasonal
...More info on site
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France: Farm office cuts forecasts of wheat, barley and maize ending stocks
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Farm office FranceAgriMer on May 12 cut its forecasts of French wheat, barley and maize stocks at the end of this season to the
...More info on site
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Australia: New crop malting barley exports total 123 thousand tonnes in December-February
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Australia’s new crop barley exports in December-February were 123 thousand tonnes of malting barley to Vietnam, Mexico and Japan, and 2.657 mln tonnes of
...More info on site
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Australia: Australia exports 969,830 tonnes of barley in March 2021
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Australia exported 961,823 tonnes of feed barley, 8,007 tonnes of malting barley and 52,208 tonnes of sorghum in March, according to the latest export
...More info on site
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